Middle East and Africa Oxy Fuel Combustion Technology Market Share and Forecast by 2028

The oxy fuel combustion technology market in MEA is expected to grow from US$ 37.79 million in 2021 to US$ 56.59 million by 2028; it is estimated to grow at a CAGR of 5.9% from 2021 to 2028.

The rising rate of air pollution across the developing is influencing the governments as well as the industries across the countries to take initiatives to reduce the same for building a healthy environment for its population.  Air pollution is the eighth leading cause of death after factors such as diet, overweight, high blood pressure, alcohol, and drugs, PM2.5 is the most dangerous type of airborne particle, as it can penetrate deep into the lungs. The World Health Organization has set a limit of 10 micrograms (thousandth of a gram) of PM2.5 per cubic meter of air (10g/m3) for average outdoor ambient air pollution. Thus, the demand for oxy fuel combustion technology is expected to increase over the forecast period to minimize the industrial gas emissions in order to reduce their environmental effects and impact on human health.Among the MEA countries, Iran has reported the highest number of COVID-19 cases. Moreover, Turkey, Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are among the other countries in the region that faced notable disruptive effect of the COVID-19 pandemic. The Middle Eastern and African countries have reported less cases than the countries in North America and Europe; therefore, strict lockdown regulations were not imposed in all these countries. The lockdown measures were imposed only in a few countries that witnessed rapid spread of the infection. However, similar to the global trend, the oxy fuel combustion technology market in the MEA witnessed a mixed impact of the pandemic. According to the analysis, oxy fuel combustion technology providers witnessed reduced demand, lower returns for selective projects, and delay or cancellation of new or ongoing projects. They also witnessed instability in their operations and ability to access capital in favorable terms.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA oxy fuel combustion technology market. The MEA oxy fuel combustion technology market is expected to grow at a good CAGR during the forecast period.

MEA Oxy Fuel Combustion TechnologyMarket Revenue and Forecast to 2028 (US$ Million)

MEA Oxy Fuel Combustion Technology Market Segmentation

MEA Oxy Fuel Combustion Technology Market – By Offerings

• Solution
• Services

MEA Oxy Fuel Combustion Technology Market – By End-Use Industry

• Oil & Gas
• Power Generation
• Manufacturing
• Metal & Mining
• Others

MEA Oxy Fuel Combustion Technology Market, by Country

• Saudi Arabia
• South Africa
• UAE
• Rest of MEA

MEA Oxy Fuel Combustion Technology Market - Companies Mentioned

• Air Liquide SA
• Air Products and Chemicals, Inc.
• FALORNI GIANFRANCO S.R.L
• General electric Company
• HEIDELBERGCEMENT AG
• Hitachi, Ltd.
• Jupiter Oxygen Corporation
• LINDE

Middle East and Africa Oxy Fuel Combustion Technology Report Scope