North America Oxy Fuel Combustion Technology Market Key Players and Forecast by 2028

The oxy fuel combustion technology market in North America is expected to grow from US$ 143.18 million in 2021 to US$ 266.21 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Air pollution is one of most serious health and environmental issues in North America. Many of the leading causes of death, such as heart disease, stroke, lower respiratory infections, lung cancer, diabetes, and chronic obstructive pulmonary disease, are linked to air pollution, which includes both outdoor and indoor particulate matter and ozone. It is at the top of the list in low-income countries. Low-income countries have higher indoor pollution rates due to their reliance on solid fuels for cooking, and outdoor air pollution increases as countries industrialize and move from low to middle income status. Hence, air pollution is more prevalent in both low- and middle-income countries. Several initiatives have been taken by the local and federal government bodies across the globe over the years for minimizing the hazardous industrial air disposal. This is fueling the growth of the North America oxy fuel combustion technology market.In North America, the US has reported a huge number of COVID-19 cases of more than 20 million, with California, Texas, Florida, and New York, among others, being the majorly affected areas. Although the federal government in the US did not impose nationwide lockdown in 2020, governors of a few states decided to impose lockdowns in their respective states. The lockdown hindered the operations of various industries, including chemical, manufacturing, hospitality, and IT. Despite the wide applications of oxy fuel combustion systems, the companies providing these systems have been facing fluctuating demands amid the pandemic, which can be attributed to the decline of economic activity and significant disruption and volatility in the market. Metal production, coating and spraying, waste disposal, power generation, and glass production are among the key industries with wide applications for oxy fuel combustion technology. However, oxy fuel combustion system providers were actively working and running the plant during this period, which allowed them to cater to the customer demands. This has helped them maintain their cashflows and revenues.  
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 North America oxy fuel combustion technology market. The North America oxy fuel combustion technology market is expected to grow at a good CAGR during the forecast period.

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

North America Oxy Fuel Combustion Technology Market Segmentation

North America Oxy Fuel Combustion Technology Market – By Offerings

• Solution
• Services

North America Oxy Fuel Combustion Technology Market – By End-Use Industry

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

North America Oxy Fuel Combustion Technology Market, by Country

• US
• Canada
• Mexico

North America Oxy Fuel Combustion Technology Market - Companies Mentioned

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

North America Oxy Fuel Combustion Technology Report Scope