Global Process Burners, Process Flares & Thermal Oxidizer Systems Market Growth 2023-2029

Global Process Burners, Process Flares & Thermal Oxidizer Systems Market Growth 2023-2029

Burner is a device that controls the mixing of air with a combustible fuel to produce a stable flame pattern. In the report, we focused on burners used in oil and chemical industry.

A flare system collects and discharges gas from atmospheric or pressurized process components to the atmosphere to safe locations for final release during normal operations and abnormal conditions. A flare system consists of a flare stack and pipes that feed gas to the stack. The type and amount of gas or liquids in the flare stack governs the sizing & brightness of the flare.

Thermal oxidizers reduce air pollution emissions from a variety of industrial processes. Using the principle of “thermal oxidation,” a combustion process, the contaminants within the polluted exhaust gas react with oxygen in a temperature controlled environment. The chemical oxidation reaction destroys the contaminants in the polluted exhaust gas before discharging it back into the atmosphere. What is released is an innocuous emission of CO2, water vapor, and heat.
LPI (LP Information)' newest research report, the “Process Burners, Process Flares & Thermal Oxidizer Systems Industry Forecast” looks at past sales and reviews total world Process Burners, Process Flares & Thermal Oxidizer Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Process Burners, Process Flares & Thermal Oxidizer Systems sales for 2023 through 2029. With Process Burners, Process Flares & Thermal Oxidizer Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Process Burners, Process Flares & Thermal Oxidizer Systems industry.
This Insight Report provides a comprehensive analysis of the global Process Burners, Process Flares & Thermal Oxidizer Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Process Burners, Process Flares & Thermal Oxidizer Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Process Burners, Process Flares & Thermal Oxidizer Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Process Burners, Process Flares & Thermal Oxidizer Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Process Burners, Process Flares & Thermal Oxidizer Systems.
The global Process Burners, Process Flares & Thermal Oxidizer Systems market size is projected to grow from US$ 1156.5 million in 2022 to US$ 1413.1 million in 2029; it is expected to grow at a CAGR of 1413.1 from 2023 to 2029.
The major manufacturers of process burners, process flares and thermal oxidizer systems are John Zink Company, Honeywell International, Fives, Zeeco, Foster Wheeler and Durr AG. The top three manufacturers in the world account for about 30% of the market share.
North America is the world's largest market with a market share of about 30%, followed by Europe and China, each with about 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Process Burners, Process Flares & Thermal Oxidizer Systems market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Process Burners
Process Flares
Thermal Oxidizer Systems
Segmentation by application
Oil and Gas
Chemical Industry
Electricity
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
JOHN ZINK COMPANY
Honeywell International
Fives
ZEECO
Foster Wheeler
Dürr AG
SAACKE Group
CSIC-711
Anguil Environmental
Process Combustion Corporation
Sunpower Group
B&W MEGTEC
TORNADO Combustion Technologies
AEREON
Bayeco
Ruichang
Torch
Key Questions Addressed in this Report
What is the 10-year outlook for the global Process Burners, Process Flares & Thermal Oxidizer Systems market?
What factors are driving Process Burners, Process Flares & Thermal Oxidizer Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Process Burners, Process Flares & Thermal Oxidizer Systems market opportunities vary by end market size?
How does Process Burners, Process Flares & Thermal Oxidizer Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.