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Flare Gas Recovery Systems Market Size & Share Forecast Report, 2025 – 2032

Flare Gas Recovery Systems Market By Technology, By Configuration, By Application, By End-User, By Region and By Country: Industry Size, Share, Growth Forecast, 2025 – 2032

Report ID: VMRC1306

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Published Date: Jan, 2025

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No Of Pages: 127

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Format : Flare Gas Recovery Systems Market Size & Share Forecast Report, 2025 – 2032 Report Available in PDF, Excel, PPT and Excel

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Base Year: 2024

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Table of Contents

1.    Report Introduction and Overview
       1.1.    Objectives of the Study
       1.2.    Definition of Flare Gas Recovery Systems 
       1.3.    Scope and Description of Flare Gas Recovery Systems Market 
       1.4.    Timelines and Years Considered for the Study
                 1.4.1.    Historical Data Analysis and Trends, 2021 - 2024
                  1.4.2.    Current and Forecast Data Analysis and Outlook, 2025 - 2032
       1.5.    Market Segmentations
                 1.5.1.    Configuration of Global Flare Gas Recovery Systems Market
                 1.5.2.    Technology of Global Flare Gas Recovery Systems Market
                 1.5.3.    Application of Global Flare Gas Recovery Systems Market
                 1.5.4.    End-User Vertical of Global Flare Gas Recovery Systems Market
                1.5.5.    Region of Global Flare Gas Recovery Systems Market
2.    Executive Summary Dashboard
       2.1.    Global Flare Gas Recovery Systems Market Overview
       2.2.    Global Flare Gas Recovery Systems Market Size Share (%) and Growth Rate % (Year-on-Year) from 2021 to 2032
       2.3.    Global Flare Gas Recovery Systems Market Size Assessment, Revenue (US$ Bn), Market CAGR (%), Market Forecasts (2025 - 2032)
       2.4.    Global Flare Gas Recovery Systems Market Size Assessment, Market CAGR (%), Market Forecast (2025 - 2032), By Segments
       2.5.    Global Flare Gas Recovery Systems Market Size Assessment, Market CAGR (%), Market Forecast (2025 - 2032), By Regions
       2.6.    Absolute Market Opportunity Assessment
                2.6.1.    Total Addressable/Available Market (TAM)
                2.6.2.    Serviceable Addressable Market (SAM)
               2.6.3.    Serviceable Obtainable Market (SOM)
       2.7.    Market Attractiveness
       2.8.    Ecology/Ecosystem Mapping
       2.9.    Product/Solution/Service Life Cycle
       2.10.    Competition Landscape Snapshot
3.    Research Methodology
       3.1.    Data Mining
                3.1.1.    External Paid Sources / Databases
                3.1.2.    Vertex Internal Proprietary Database
                3.1.3.    Secondary Data and Sources
                3.1.4.    Primary Research 
               3.1.5.    Third-Party Perspectives
       3.2.    Subject Matter Expert (SME) Insights
       3.3.    Data Triangulation & Data Analysis Models
               3.3.1.    Bottom-Up Approach
               3.3.2.    Top-Down Approach
               3.3.3.    Estimation & Forecasts, by Variables
               3.3.4.    Data Models Testing and Validation
       3.4.    Key Insights from Industry Experts & Partners
       3.5.    Market Formulation and Data Visualization
       3.6.    Quality Check
       3.7.    Final Review
       3.8.    Assumptions
       3.9.    Limitations
       3.10.    Report FAQs
4.    Flare Gas Recovery Systems Industry – Dynamics and Trends Analysis
       4.1.    Flare Gas Recovery Systems Market Evolution
       4.2.    Russia-Ukraine War Impacts Analysis
       4.3.    Inflation Impacts Analysis
                4.3.1.    Supply Side Impacts
                4.3.2.    Demand Side Impacts
                4.3.3.    Outlook in 2025 & Beyond
       4.4.    Top Trends to Watch Out
       4.5.    Market Adoption/Penetration Rate Analysis
       4.6.    Flare Gas Recovery Systems Market Dynamics, By Region
                4.6.1.    Drivers
                4.6.2.    Limitations
                4.6.3.    Opportunities
                4.6.4.    Impact Analysis of Drivers and Limitations
       4.7.    Ecosystem/Value Chain Analysis
                4.7.1.    Raw Materials/Components Suppliers
                4.7.2.    Manufacturers
                4.7.3.    EPC Providers
                4.7.4.    End-Users
                4.7.5.    Forward Integration & Backward Integration by Key Stakeholders
       4.8.    Global Flare Gas Recovery Systems Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
       4.9.    End-User/Customer Preferences & Consumer Surveys’ Insights
       4.10.    Technology Roadmap & Key Innovations/Developments
       4.11.    Key Mandates & Regulatory Scenario Analysis
       4.12.    Patents Landscape
       4.13.    Cost Structure Share Analysis
       4.14.    Sustainability and Environmental Impacts Analysis
       4.15.    Key Mergers & Acquisitions, Expansions, Partnerships/JVs, Funding/VCs, etc.
5.    Flare Gas Recovery Systems Industry - Strategic Analysis
       5.1.    Porter’s Five Forces Analysis
                5.1.1.    Bargaining Power of Suppliers
                5.1.2.    Bargaining Power of Buyers
                5.1.3.    Threat of Substitutes
                5.1.4.    Threat of New Entrants
                5.1.5.    Competitive Rivalry / Degree of Competition
       5.2.    PEST Analysis
                5.2.1.    Political Factors
                5.2.2.    Economic Factors
                5.2.3.    Social Factors
                5.2.4.    Technological Factors
       5.3.    SWOT Analysis
       5.4.    ANSOFF Matrix Analysis
                5.4.1.    Market Penetration Strategy
                5.4.2.    Product/Solution/Service Development Strategy
                5.4.3.    Market Development Strategy
                5.4.4.    Diversification Strategy
       5.5.    Macroeconomic Factors
       5.6.    Market Investment Feasibility Analysis
       5.7.    Opportunity Map Analysis
       5.8.    Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
6.    Premium Insights
       6.1.    Attractive Market Opportunities (Key Investment Pockets)
       6.2.    Market Investment Scenario
       6.3.    Demand & Supply Scenario
       6.4.    Top 3 Strategies Implemented by Major Players
       6.5.    Global Flare Gas Recovery Systems Market – Gross Profit Margins
       6.6.    Top 3 Regions/Geographies
       6.7.    Key Insights from Primary Respondents
       6.8.    Top 3 Projections & Recommendations by Vertex
7.    Global Flare Gas Recovery Systems Market Sizes & Historical Trends Analysis (2019 - 2024)
8.    Global Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis, by Configuration
       8.1.    Global Flare Gas Recovery Systems Market Revenue (US$ Bn) Estimates and Forecasts, by Configuration, 2021 to 2032
                8.1.1.    Skid Mounted
                8.1.2.    Modular
9.    Global Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis, by Technology
       9.1.    Global Flare Gas Recovery Systems Market Revenue (US$ Bn) Estimates and Forecasts, by Technology, 2021 to 2032
                9.1.1.    Ejector Based
                9.1.2.    Compressor Based
10.    Global Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis, by Application
       10.1.    Global Flare Gas Recovery Systems Market Revenue (US$ Bn) Estimates and Forecasts, by Application, 2021 to 2032
                10.1.1.    Upstream
                10.1.2.    Downstream
                10.1.3.    Others
11.    Global Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis, by End-User 
       11.1.    Global Flare Gas Recovery Systems Market Revenue (US$ Bn) Estimates and Forecasts, by End-User, 2021 to 2032
                11.1.1.    Storage Tanks
                11.1.2.    Chemical Plants
                11.1.3.    Oil & Gas
                11.1.4.    Industrial Flare Gas Treatment
                11.1.5.    Others
12.    Global Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis, by Region
       12.1.    Global Flare Gas Recovery Systems Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2021 to 2032
                12.1.1.    North America
                12.1.2.    Europe
                12.1.3.    Asia Pacific
                12.1.4.    Middle East & Africa
                12.1.5.    South America
13.    North America Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis
       13.1.    North America Flare Gas Recovery Systems Market Assessments & Key Findings
                13.1.1.    North America Flare Gas Recovery Systems Market Introduction
                13.1.2.    North America Flare Gas Recovery Systems Market Sizes, Forecast, and Shares (US$ Bn) (2021 to 2032)
                             13.1.2.1.    By Configuration
                             13.1.2.2.    By Technology
                             13.1.2.3.    By Application
                             13.1.2.4.    By End-User 
                             13.1.2.5.    By Country
                                            13.1.2.5.1.    U.S.
                                             13.1.2.5.2.    Canada
                                           13.1.2.5.3.    Mexico
14.    Europe Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis
       14.1.    Europe Flare Gas Recovery Systems Market Assessments & Key Findings
                       14.1.1.    Europe Flare Gas Recovery Systems Market Introduction
                       14.1.2.    Europe Flare Gas Recovery Systems Market Sizes, Forecast, and Shares (US$ Bn) (2021 to 2032)
                                    14.1.2.1.    By Configuration
                                    14.1.2.2.    By Technology
                                    14.1.2.3.    By Application
                                    14.1.2.4.    By End-User 
                                    14.1.2.5.    By Country
                                                         14.1.2.5.1.    Germany
                                                        14.1.2.5.2.    U.K.
                                                        14.1.2.5.3.    France
                                                        14.1.2.5.4.    Italy
                                                        14.1.2.5.5.    Spain
                                                        14.1.2.5.6.    Rest of Europe
15.    Asia Pacific Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis
       15.1.    Asia Pacific Market Assessments & Key Findings
                   15.1.1.    APAC Flare Gas Recovery Systems Market Introduction
                  15.1.2.    APAC Flare Gas Recovery Systems Market Sizes, Forecast, and Shares (US$ Bn) (2021 to 2032)
                               15.1.2.1.    By Configuration
                               15.1.2.2.    By Technology
                              15.1.2.3.    By Application
                               15.1.2.4.    By End-User 
                              15.1.2.5.    By Country
                                               15.1.2.5.1.    China
                                               15.1.2.5.2.    Japan
                                               15.1.2.5.3.    India
                                               15.1.2.5.4.    Australia
                                               15.1.2.5.5.    South Korea
                                                15.1.2.5.6.    ASEAN
                                                15.1.2.5.7.    Rest of Asia Pacific
16.    Middle East & Africa Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis
       16.1.    Middle East & Africa Market Assessments & Key Findings
                   16.1.1.    MEA Flare Gas Recovery Systems Market Introduction
                   16.1.2.    MEA Flare Gas Recovery Systems Market Sizes, Forecast, and Shares (US$ Bn) (2021 to 2032)
                                  16.1.2.1.    By Configuration
                                   16.1.2.2.    By Technology
                                   16.1.2.3.    By Application
                                   16.1.2.4.    By End-User 
                                   16.1.2.5.    By Country
                                                   16.1.2.5.1.    U.A.E.
                                                   16.1.2.5.2.    Saudi Arabia
                                                  16.1.2.5.3.    Egypt
                                                  16.1.2.5.4.    South Africa
                                                  16.1.2.5.5.    Rest of Middle East & Africa
17.    South America Flare Gas Recovery Systems Market Sizes & Forecast Trend Analysis
       17.1.    South America Market Assessments & Key Findings
                   17.1.1.    South America Flare Gas Recovery Systems Market Introduction
                    17.1.2.    South America Flare Gas Recovery Systems Market Sizes, Forecast, and Shares (US$ Bn) (2021 to 2032)
                                   17.1.2.1.    By Configuration
                                   17.1.2.2.    By Technology
                                   17.1.2.3.    By Application
                                   17.1.2.4.    By End-User 
                                   17.1.2.5.    By Country
                                                   17.1.2.5.1.    Brazil
                                                   17.1.2.5.2.    Argentina
                                                   17.1.2.5.3.    Colombia
                                                   17.1.2.5.4.    Rest of South America
18.    Competition Landscape
       18.1.    Flare Gas Recovery Systems Market Competition Index, By Leading Players
                  18.2.    Flare Gas Recovery Systems Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
                 18.3.    Flare Gas Recovery Systems Market Competition White Space Analysis, By Application / End-User 
                 18.4.    Flare Gas Recovery Systems Market Competition Heat Map Analysis, By Products / Services / Solutions
                18.5.    Flare Gas Recovery Systems Market Competition Regional Intensity Map Analysis, By Geographies Served
               18.6.    Flare Gas Recovery Systems Market Concentration & Company Market Shares (%) Analysis, 2024
               18.7.    Flare Gas Recovery Systems Market Competition Quadrant Analysis, By Leading Players / Innovators / Emerging Players / New Entrants
19.    Company Profiles
       19.1.    Aereon (Cimarron Energy) 
                  19.1.1.    Company Overview & Key Facts
                  19.1.2.    Revenues, Financial Performance & KPIs
                  19.1.3.    Products / Solutions / Services Portfolio and Applications / End-Users
                  19.1.4.    Business Strategies
                  19.1.5.    Recent Key Developments 
*Similar detailed Profiles would be provided for all the players mentioned below 
19.2.    Baker Hughes
19.3.    Fluor Corporation
19.4.    Honeywell
19.5.    John Zink Hamworthy Combustion (Koch Industries)
19.6.    Linde Engineering
19.7.    MPR Industries
19.8.    Ramboll
19.9.    Schlumberger
19.10.    SoEnergy
19.11.    Transvac Systems
19.12.    Wärtsilä
19.13.    Zeeco
19.14.    Others** (subject to your specific additional requirements)
20.    Research Findings & Conclusion

FAQ'S

What can be expected from the global flare gas recovery systems market report?

The global flare gas recovery systems market is a comprehensive study of market definitions, growth drivers, opportunities, and challenges. It covers the geographical and competitive dynamics of the global marketplace. Based on your selected License Type, you will receive the report in various downloadable formats, including PDF, PPT, Word, and Data Pack (Spreadsheet) files.

Which region will contribute notably towards the global flare gas recovery systems market value?

Europe accounts for the largest global flare gas recovery systems market share during the forecast period.

Which are the major players leveraging the global flare gas recovery systems market growth?

The key players in the global flare gas recovery systems market include Aereon (Cimarron Energy), Baker Hughes, Fluor Corporation, Honeywell, John Zink Hamworthy Combustion (Koch Industries), Linde Engineering, MPR Industries, Ramboll, Schlumberger, SoEnergy, Transvac Systems, Wärtsilä, Zeeco, and others.

Which key factors will influence the global flare gas recovery systems market growth over 2025-2032?

Increasing utilization of flare gas for power generation is one of the major factors for the high growth rate of the global flare gas recovery systems market. Initially, the flare gas was wasted through venting. Later, these flare gasses were identified as valuable energy sources that could be used further for power generation or other purposes.

What will be the CAGR value of the global flare gas recovery systems market during 2025-2032?

The flare gas recovery systems industry is expected to grow by a CAGR of 7% between 2025 and 2032.

What will be the value of the global flare gas recovery systems market during 2025-2032?

The global flare gas recovery systems market size in terms of market revenue was valued at USD 2.7 billion in 2024 and is predicted to surpass USD 5.5 billion by the end of 2032.

What are flare gas recovery systems?

Flare gas recovery systems are innovated to utilize, process, capture, and dispose of the waste gasses burned during industrial processes, especially in chemical processing and oil & gas production.

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