Press release
Process Burners, Process Flares & Thermal Oxidizer Systems Market Projected to Reach Valuation of US$ 1050 Mn by 2025 – QY Research
The global Process Burners, Process Flares & Thermal Oxidizer Systems market was 1050 million US$ in 2018 and is expected to 1310 million US$ by the end of 2025, growing at a CAGR of 2.8% between 2019 and 2025.
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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.
In the next five years, the global revenue of Process Burners, Process Flares & Thermal Oxidizer Systems will maintain a stable annual growth rate, expected in 2023 will be 1283.72 M USD. As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties. In the past few years, more and more companies enter into Process Burners, Process Flares & Thermal Oxidizer Systems industry so overall market competition is fierce.
Process Burners, Process Flares & Thermal Oxidizer Systems product demand market there is also a certain space, but basically showing the regional differences. Along with the development of the United States domestic Process Burners, Process Flares & Thermal Oxidizer Systems, the United States domestic Process Burners, Process Flares & Thermal Oxidizer Systems has been very mature and advanced compared with the developing countries. Developing countries such as China and India?the potential market share is still huge.
Although Process Burners, Process Flares & Thermal Oxidizer Systems service brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Process Burners, Process Flares & Thermal Oxidizer Systems field. As large demand of high-proformance services at home and abroad, many companies began to enter the field of high-end.
This report studies the Process Burners, Process Flares & Thermal Oxidizer Systems market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Process Burners, Process Flares & Thermal Oxidizer Systems in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Process Burners,
Process Flares
Thermal Oxidizer Systems
By the end users/application, this report covers the following segments
Oil and Gas
Chemical Industry
Electricity
Others
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