Flare Gas Recovery System Market 2014 Outlook, Current and Future Industry Landscape Analysis 2020

 



Global flare gas recovery systems (FGRS) market for oil and gas industry is estimated to grow from US$ 930.4 Mn in 2014 to US$  2,019.5  Mn by 2020 at a CAGR of 13.8% during the forecast period. During the production and refining process of natural gas, for safety reasons and maintenance activities considerable volumes of natural gas are flared into atmosphere.

 

Flare gas is also identified by different terminologies such as associated gas or unmarketable natural gas across regions. Flaring of natural gas gives rise to significant volumes of carbon emissions. In addition, it adds to energy and related financial loss for the producers.

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Flare gas recovery system helps to recover this waste gas and makes it available for power generation either for captive use or co-generation. It also helps to re-inject this waste gas back into the production well so that optimum pressure in the well could be maintained.

Depending upon the recovery capacity FMI has segmented them into small, medium, large and very large capacity systems. Available budget, recovery requirement, venue of installation (off shore, on shore), involved design and installation complexities are some of the criterion for selection of FGRS capacity.

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In this study, we analyze the flare gas recovery systems market from 2014-2020. We focus on:

·         Market size and forecast, 2012-2020

·         Key drivers and developments in flare gas recovery system

·         Key Trends and Developments of flare gas recovery system

·         Key macro-economic indicators and governing factors

Key Geographies/ Countries Covered

North America, Europe, Eurasia, Asia Pacific, South America, Middle East, Africa

Other Key Topics

·         Natural gas production, policies and regulations, carbon emission, top flaring countries

Examples of key Companies Covered

Zeeco, John Zink Hamworthy Combustion, MPR Industries, and UOP Honeywell

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Table Of Content

1.      Executive Summary

2.      Research Methodology

3.      Assumptions & Acronyms Used

4.      Global Flare Gas and Carbon Emission Market Outlook

5.      Different Practices

6.      Global Flare Gas Recovery System Market Overview

7.      Global Flare gas Recovery System Market Analysis & Forecast, By Capacity, 2012-2020

8.      Global Flare Gas Recovery System Market, By Region, 2012-2020

9.      Global Flare Gas Recovery System Market, By Application, 2012-2020

10.  Global Flare Gas Recovery System Market Components and Manufacturers

11.  Global Flare Gas Recovery System Market Components and Manufacturers

12.  Disclaimers


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