Industry Overview
Gas flares are the gas combustion devices which are used in the industrial plants such as chemical, natural gas processing, petroleum refineries and others. It supports the combustion of gas generated during the industrial processes. Moreover, it eliminates the unwanted gasses. However, it produces large amount of greenhouse gasses. Due to the technical regulatory and some constraints the practice of gas flaring continues. The components in flaring system include flashback seal drum, liquid knockout drum for removal of oil and water, and flashback prevention unit. __Gas Flares Market Size in (USD Billion) CAGR Growth Rate 7%
| Study Period | 2019-2031 |
| Market Size (2023): | 1.2Billion |
| Market Size (2031): | 2.5Billion |
| CAGR (2023 - 2031): | 7% |
| Fastest Growing Region | North America |
| Dominating Region | North America |
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Key Highlights of the Gas Flares
• The Gas Flares is growing at a CAGR of 7% during the forecasted period of 2023 to 2031• Year on Year growth for the market is 8%
• North America dominated the market share of 1.2Billion % in 2023
• Based on type, the market is bifurcated into Elevated, Ground-mounted, Enclosed, Open segment dominated the market share during the forecasted period
• Based on application the market is segmented into Application Oil & Gas, Petrochemical, Waste Treatment, Manufacturing, Industrial is the fastest-growing segment
• Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Dynamics Overview
The market dynamics are influenced by a complex interplay of factors that drive and shape industry behavior. Key elements include supply and demand dynamics, were shifts in consumer preferences or production capabilities impact pricing and market stability. Competitive forces play a crucial role, with companies adjusting their strategies based on competitor actions, pricing, and innovation. Economic conditions like inflation rates, currency fluctuations, and overall economic growth also affect market performance and consumer purchasing power.Additionally, technological advancements introduce new products and services, disrupting existing market structures and creating growth opportunities. Regulatory changes and policies can alter market dynamics by influencing operational practices and market entry. Understanding these market dynamics requires continuous monitoring and analysis to anticipate trends, identify opportunities, and develop strategies that align with evolving market conditions. Effective management of these dynamics is essential for maintaining competitive advantage and achieving business success.
Influencing Trend:
- Rising regulations for environmental impact
Market Growth Drivers:
- Growing Industrialisation In Developing Economies
Challenges:
- High Operational Cost, Energy Consumption
Opportunities:
- Growing Industrialisation In Developing Economies
Import and Export Data
The data is collected, imported, and exported through a comprehensive approach that ensures accuracy and depth. We source information from government databases, which provide official trade statistics and customs data, as well as industry reports and trade journals for detailed market insights. Company filings and financial disclosures also contribute valuable data on import and export activities. To aggregate and normalize this data to maintain consistency and accuracy. To ensure reliability, and cross-verify information across multiple sources and analyze trends to understand market dynamics. The key findings are compiled into detailed reports that offer insights into trade volumes, key markets, and emerging trends, accompanied by actionable recommendations. This thorough process allows to deliver of precise and valuable trade data that supports strategic decision-making for the clients.Key Players
Several key players in the Gas Flares market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 8%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.Regional Insight
The North America is the fastest-growing region, fuelled by a rapidly increasing population and expanding economic sectors. Factors such as urbanization, improved infrastructure, and government support for industrial development are key drivers. Additionally, the region's young workforce and rising consumer demand are accelerating growth. In contrast, North America remains the dominant region, leading the market with well-established industries, technological advancements, and a strong global foothold.Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Dominating Region
North America
{FASTEST_ROWING_REGION_MAP}
Market Segmentation Overview
• Type segmentation categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.• Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
• Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
• Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
• Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- Elevated
- Ground-mounted
- Enclosed
- Open
Gas Flares Market Segmentation by Type
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Segmentation by Application
- Oil & Gas
- Petrochemical
- Waste Treatment
- Manufacturing
- Industrial
Gas Flares Market Segmentation by Application
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This report also splits the market by players:
{PLAYER_LIST}
Gas Flares Market Segmentation by Players
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Consumer Behavior Analysis
conduct consumer behavior analysis by examining the factors that influence purchasing decisions. The data starts by collecting data from surveys, focus groups, social media, and transactional records to understand consumer preferences and buying patterns. Then segment consumers based on behaviors such as purchase frequency and brand loyalty, allowing us to tailor strategies for different groups.The psychographic analysis delves into consumers' attitudes, values, and lifestyles to gain deeper insights into their motivations. Also, tracks emerging trends to anticipate shifts in consumer behavior and uses predictive modeling to forecast future preferences. This comprehensive approach enables to provide actionable insights that help businesses better understand their customers, optimize marketing efforts, and enhance product development.
Research Methodology
The research delivers comprehensive market insights that combine both secondary and primary methodologies. The secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. Integrating these approaches, offers a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions.Market Highlights
|
Report Features
|
Details
|
|
Base Year
|
2023
|
|
Based Year Market Size
|
1.2Billion
|
|
Historical Period
|
2019
|
|
CAGR (2023to FORECAST_YEAR})
|
7%
|
|
Forecast Period
|
2031
|
|
Forecasted Period Market Size (FORECAST_YEAR})
|
2.5Billion
|
|
Scope of the Report
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Elevated, Ground-mounted, Enclosed, Open, Oil & Gas, Petrochemical, Waste Treatment, Manufacturing, Industrial, Sales Channel
|
|
Regions Covered
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North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
|
|
Companies Covered
|
Gasco (United Arab Emirates),Unit Birwelco (United Kingdom),GE (United States),Geotechnical Instruments (UK) Ltd (United Kingdom),Alfresco Gas Flares (Australia),ZEECO (United States),ABM Combustion (Australia),Ashish Engineering Works (India),MRW Technologies (United States),Coughlin Equipment (United States)
|
|
Customization Scope
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15% Free Customization (For EG)
|
|
Delivery Format
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PDF and Excel through Email
|
Gas Flares - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Gas Flares Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Gas Flares Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Gas Flares Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Growing Industrialisation in Developing Economies
-
3.2 Available Opportunities
- 3.2.1 Growing Industrialisation in Developing Economies
-
3.3 Influencing Trends
- 3.3.1 Rising regulations for environmental impact
-
3.4 Challenges
- 3.4.1 High operational cost, energy consumption
- 3.5 Regional Dynamics
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Chapter 4 : Global Gas Flares Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Gas Flares Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Gas Flares : Competition Benchmarking & Performance Evaluation
- 5.1 Global Gas Flares Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Gas Flares Revenue 2023
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 5C’s Analysis
- 5.5 Ansoff Matrix
Chapter 6: Global Gas Flares Market: Company Profiles
- 6.1 Gasco (United Arab Emirates)
- 6.1.1 Gasco (United Arab Emirates) Company Overview
- 6.1.2 Gasco (United Arab Emirates) Product/Service Portfolio & Specifications
- 6.1.3 Gasco (United Arab Emirates) Key Financial Metrics
- 6.1.4 Gasco (United Arab Emirates) SWOT Analysis
- 6.1.5 Gasco (United Arab Emirates) Development Activities
- 6.2 Unit Birwelco (United Kingdom)
- 6.3 GE (United States)
- 6.4 Geotechnical Instruments (UK) Ltd (United Kingdom)
- 6.5 Alfresco Gas Flares (Australia)
- 6.6 ZEECO (United States)
- 6.7 ABM Combustion (Australia)
- 6.8 Ashish Engineering Works (India)
- 6.9 MRW Technologies (United States)
- 6.10 Coughlin Equipment (United States)
- 6.11
- 6.12
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Chapter 7 : Global Gas Flares by Type & Application (2019-2031)
-
7.1 Global Gas Flares Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Elevated
- 7.1.2 Ground-mounted
- 7.1.3 Enclosed
- 7.1.4 Open
- 7.1.5 Dual-flare
-
7.2 Global Gas Flares Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Oil & Gas
- 7.2.2 Petrochemical
- 7.2.3 Waste Treatment
- 7.2.4 Manufacturing
- 7.2.5 Industrial
- 7.3 Global Gas Flares Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Gas Flares Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Gas Flares Market Breakdown by Country, Type & Application
- 8.1 North America Gas Flares Market by Country (USD Million) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Gas Flares Market by Type (USD Million) [2019-2023]
- 8.2.1 Elevated
- 8.2.2 Ground-mounted
- 8.2.3 Enclosed
- 8.2.4 Open
- 8.2.5 Dual-flare
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8.3 North America Gas Flares Market by Application (USD Million) [2019-2023]
- 8.3.1 Oil & Gas
- 8.3.2 Petrochemical
- 8.3.3 Waste Treatment
- 8.3.4 Manufacturing
- 8.3.5 Industrial
- 8.4 North America Gas Flares Market by Country (USD Million) [2024-2031]
- 8.5 North America Gas Flares Market by Type (USD Million) [2024-2031]
- 8.6 North America Gas Flares Market by Application (USD Million) [2024-2031]
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Chapter 9 : LATAM Gas Flares Market Breakdown by Country, Type & Application
- 9.1 LATAM Gas Flares Market by Country (USD Million) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Gas Flares Market by Type (USD Million) [2019-2023]
- 9.2.1 Elevated
- 9.2.2 Ground-mounted
- 9.2.3 Enclosed
- 9.2.4 Open
- 9.2.5 Dual-flare
-
9.3 LATAM Gas Flares Market by Application (USD Million) [2019-2023]
- 9.3.1 Oil & Gas
- 9.3.2 Petrochemical
- 9.3.3 Waste Treatment
- 9.3.4 Manufacturing
- 9.3.5 Industrial
- 9.4 LATAM Gas Flares Market by Country (USD Million) [2024-2031]
- 9.5 LATAM Gas Flares Market by Type (USD Million) [2024-2031]
- 9.6 LATAM Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 10 : West Europe Gas Flares Market Breakdown by Country, Type & Application
- 10.1 West Europe Gas Flares Market by Country (USD Million) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Gas Flares Market by Type (USD Million) [2019-2023]
- 10.2.1 Elevated
- 10.2.2 Ground-mounted
- 10.2.3 Enclosed
- 10.2.4 Open
- 10.2.5 Dual-flare
-
10.3 West Europe Gas Flares Market by Application (USD Million) [2019-2023]
- 10.3.1 Oil & Gas
- 10.3.2 Petrochemical
- 10.3.3 Waste Treatment
- 10.3.4 Manufacturing
- 10.3.5 Industrial
- 10.4 West Europe Gas Flares Market by Country (USD Million) [2024-2031]
- 10.5 West Europe Gas Flares Market by Type (USD Million) [2024-2031]
- 10.6 West Europe Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 11 : Central & Eastern Europe Gas Flares Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Gas Flares Market by Country (USD Million) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Gas Flares Market by Type (USD Million) [2019-2023]
- 11.2.1 Elevated
- 11.2.2 Ground-mounted
- 11.2.3 Enclosed
- 11.2.4 Open
- 11.2.5 Dual-flare
-
11.3 Central & Eastern Europe Gas Flares Market by Application (USD Million) [2019-2023]
- 11.3.1 Oil & Gas
- 11.3.2 Petrochemical
- 11.3.3 Waste Treatment
- 11.3.4 Manufacturing
- 11.3.5 Industrial
- 11.4 Central & Eastern Europe Gas Flares Market by Country (USD Million) [2024-2031]
- 11.5 Central & Eastern Europe Gas Flares Market by Type (USD Million) [2024-2031]
- 11.6 Central & Eastern Europe Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 12 : Northern Europe Gas Flares Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Gas Flares Market by Country (USD Million) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Gas Flares Market by Type (USD Million) [2019-2023]
- 12.2.1 Elevated
- 12.2.2 Ground-mounted
- 12.2.3 Enclosed
- 12.2.4 Open
- 12.2.5 Dual-flare
-
12.3 Northern Europe Gas Flares Market by Application (USD Million) [2019-2023]
- 12.3.1 Oil & Gas
- 12.3.2 Petrochemical
- 12.3.3 Waste Treatment
- 12.3.4 Manufacturing
- 12.3.5 Industrial
- 12.4 Northern Europe Gas Flares Market by Country (USD Million) [2024-2031]
- 12.5 Northern Europe Gas Flares Market by Type (USD Million) [2024-2031]
- 12.6 Northern Europe Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 13 : Southern Europe Gas Flares Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Gas Flares Market by Country (USD Million) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Gas Flares Market by Type (USD Million) [2019-2023]
- 13.2.1 Elevated
- 13.2.2 Ground-mounted
- 13.2.3 Enclosed
- 13.2.4 Open
- 13.2.5 Dual-flare
-
13.3 Southern Europe Gas Flares Market by Application (USD Million) [2019-2023]
- 13.3.1 Oil & Gas
- 13.3.2 Petrochemical
- 13.3.3 Waste Treatment
- 13.3.4 Manufacturing
- 13.3.5 Industrial
- 13.4 Southern Europe Gas Flares Market by Country (USD Million) [2024-2031]
- 13.5 Southern Europe Gas Flares Market by Type (USD Million) [2024-2031]
- 13.6 Southern Europe Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 14 : East Asia Gas Flares Market Breakdown by Country, Type & Application
- 14.1 East Asia Gas Flares Market by Country (USD Million) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Gas Flares Market by Type (USD Million) [2019-2023]
- 14.2.1 Elevated
- 14.2.2 Ground-mounted
- 14.2.3 Enclosed
- 14.2.4 Open
- 14.2.5 Dual-flare
-
14.3 East Asia Gas Flares Market by Application (USD Million) [2019-2023]
- 14.3.1 Oil & Gas
- 14.3.2 Petrochemical
- 14.3.3 Waste Treatment
- 14.3.4 Manufacturing
- 14.3.5 Industrial
- 14.4 East Asia Gas Flares Market by Country (USD Million) [2024-2031]
- 14.5 East Asia Gas Flares Market by Type (USD Million) [2024-2031]
- 14.6 East Asia Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 15 : Southeast Asia Gas Flares Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Gas Flares Market by Country (USD Million) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Gas Flares Market by Type (USD Million) [2019-2023]
- 15.2.1 Elevated
- 15.2.2 Ground-mounted
- 15.2.3 Enclosed
- 15.2.4 Open
- 15.2.5 Dual-flare
-
15.3 Southeast Asia Gas Flares Market by Application (USD Million) [2019-2023]
- 15.3.1 Oil & Gas
- 15.3.2 Petrochemical
- 15.3.3 Waste Treatment
- 15.3.4 Manufacturing
- 15.3.5 Industrial
- 15.4 Southeast Asia Gas Flares Market by Country (USD Million) [2024-2031]
- 15.5 Southeast Asia Gas Flares Market by Type (USD Million) [2024-2031]
- 15.6 Southeast Asia Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 16 : South Asia Gas Flares Market Breakdown by Country, Type & Application
- 16.1 South Asia Gas Flares Market by Country (USD Million) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Gas Flares Market by Type (USD Million) [2019-2023]
- 16.2.1 Elevated
- 16.2.2 Ground-mounted
- 16.2.3 Enclosed
- 16.2.4 Open
- 16.2.5 Dual-flare
-
16.3 South Asia Gas Flares Market by Application (USD Million) [2019-2023]
- 16.3.1 Oil & Gas
- 16.3.2 Petrochemical
- 16.3.3 Waste Treatment
- 16.3.4 Manufacturing
- 16.3.5 Industrial
- 16.4 South Asia Gas Flares Market by Country (USD Million) [2024-2031]
- 16.5 South Asia Gas Flares Market by Type (USD Million) [2024-2031]
- 16.6 South Asia Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 17 : Central Asia Gas Flares Market Breakdown by Country, Type & Application
- 17.1 Central Asia Gas Flares Market by Country (USD Million) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Gas Flares Market by Type (USD Million) [2019-2023]
- 17.2.1 Elevated
- 17.2.2 Ground-mounted
- 17.2.3 Enclosed
- 17.2.4 Open
- 17.2.5 Dual-flare
-
17.3 Central Asia Gas Flares Market by Application (USD Million) [2019-2023]
- 17.3.1 Oil & Gas
- 17.3.2 Petrochemical
- 17.3.3 Waste Treatment
- 17.3.4 Manufacturing
- 17.3.5 Industrial
- 17.4 Central Asia Gas Flares Market by Country (USD Million) [2024-2031]
- 17.5 Central Asia Gas Flares Market by Type (USD Million) [2024-2031]
- 17.6 Central Asia Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 18 : Oceania Gas Flares Market Breakdown by Country, Type & Application
- 18.1 Oceania Gas Flares Market by Country (USD Million) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Gas Flares Market by Type (USD Million) [2019-2023]
- 18.2.1 Elevated
- 18.2.2 Ground-mounted
- 18.2.3 Enclosed
- 18.2.4 Open
- 18.2.5 Dual-flare
-
18.3 Oceania Gas Flares Market by Application (USD Million) [2019-2023]
- 18.3.1 Oil & Gas
- 18.3.2 Petrochemical
- 18.3.3 Waste Treatment
- 18.3.4 Manufacturing
- 18.3.5 Industrial
- 18.4 Oceania Gas Flares Market by Country (USD Million) [2024-2031]
- 18.5 Oceania Gas Flares Market by Type (USD Million) [2024-2031]
- 18.6 Oceania Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 19 : MEA Gas Flares Market Breakdown by Country, Type & Application
- 19.1 MEA Gas Flares Market by Country (USD Million) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Gas Flares Market by Type (USD Million) [2019-2023]
- 19.2.1 Elevated
- 19.2.2 Ground-mounted
- 19.2.3 Enclosed
- 19.2.4 Open
- 19.2.5 Dual-flare
-
19.3 MEA Gas Flares Market by Application (USD Million) [2019-2023]
- 19.3.1 Oil & Gas
- 19.3.2 Petrochemical
- 19.3.3 Waste Treatment
- 19.3.4 Manufacturing
- 19.3.5 Industrial
- 19.4 MEA Gas Flares Market by Country (USD Million) [2024-2031]
- 19.5 MEA Gas Flares Market by Type (USD Million) [2024-2031]
- 19.6 MEA Gas Flares Market by Application (USD Million) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Gas Flares market may reach an estimated size of 2.5Billion by 2031.
The Gas Flares Market is predicted to grow at a CAGR of 7%.
Rising Regulations For Environmental Impact are seen to make big Impact on Gas Flares Market Growth.
- Growing Industrialisation In Developing Economies
Some of the major roadblocks that industry players have identified are High Operational Cost, Energy Consumption.
The market opportunity is clear from the flow of investment into Global Gas Flares Market, some of them are Growing Industrialisation In Developing Economies.
Gas Flares Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Gasco (United Arab Emirates),Unit Birwelco (United Kingdom),GE (United States),Geotechnical Instruments (UK) Ltd (United Kingdom),Alfresco Gas Flares (Australia),ZEECO (United States),ABM Combustion (Australia),Ashish Engineering Works (India),MRW Technologies (United States),Coughlin Equipment (United States),,.
Research paper of Global Gas Flares Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Oil & Gas, Petrochemical, Waste Treatment, Manufacturing, Industrial.
The Global Gas Flares Market Study is segmented by Elevated, Ground-mounted, Enclosed, Open, Dual-flare.
The Global Gas Flares Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
The Gas Flares Market is studied from 2019 - 2031.
Gas flares are the gas combustion devices which are used in the industrial plants such as chemical, natural gas processing, petroleum refineries and others. It supports the combustion of gas generated during the industrial processes. Moreover, it eliminates the unwanted gasses. However, it produces large amount of greenhouse gasses. Due to the technical regulatory and some constraints the practice of gas flaring continues. The components in flaring system include flashback seal drum, liquid knockout drum for removal of oil and water, and flashback prevention unit. __
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