[Research Report] The oxy fuel combustion technology market was valued at US$ 454.18 million in 2022 and is projected to reach US$ 825.17 million by 2028; it is expected to grow at a CAGR of 10.5% during 2022–2028.
The rising concern for carbon dioxide emission in the atmosphere is a major factor driving the oxy fuel combustion technology market. Anthropogenic CO2, that is CO2 produced because of human activities, comes from the combustion of fossil fuels in power plants, transportation, and industrial sources. Fossil fuels currently provide the most of the world's energy, and this situation is expected to persist for at least next few decades. Thus, to continue using fossil fuels in an effective and environmentally sustainable manner, near-zero emission technologies are being developed for demonstration and large-scale commercial deployment. The state-of-the-art application of oxy-fuel combustion technology to fossil-fuel energy conversion systems provides an opportunity to develop new designs, improving the competence of baseline combustion processes, and reducing their environmental footprints, including greenhouse gas emissions, through CO2 capture and storage.
Impact of COVID-19 Pandemic on Oxy Fuel Combustion Technology Market
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 as well as 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 the oxy fuel combustion technology. However, the 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 in maintaining their cashflows and revenues.
Lucrative Regions in Oxy Fuel Combustion Technology Market
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Oxy Fuel Combustion Technology Market: Strategic Insights
Market Size Value in US$ 454.18 million in 2022 Market Size Value by US$ 825.17 million by 2028 Growth rate CAGR of 10.5% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Oxy Fuel Combustion Technology Market: Strategic Insights
Market Size Value in | US$ 454.18 million in 2022 |
Market Size Value by | US$ 825.17 million by 2028 |
Growth rate | CAGR of 10.5% from 2022 to 2028 |
Forecast Period | 2022-2028 |
Base Year | 2022 |
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Oxy Fuel Combustion Technology Market
Increasing Government Initiatives to Reduce Air Pollution
Air pollution is one of most serious health and environmental issues worldwide. 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. It was estimated that 5 million people died because of air pollution in 2017. 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 global oxy fuel combustion technology market.
Offerings -Based Insights
Based on offering, the oxy fuel combustion technology market is segmented into solution and services. The solution segment held a larger market share in 2022.
End-User Industry-Based Insights
Based on end-user industry, the oxy fuel combustion technology market is segmented into oil & gas, power generation, manufacturing, metal & mining, and others. The metal & mining segment is projected to register the highest CAGR during the forecast period.
Players operating in the oxy fuel combustion technology market are mainly focused on the development of advanced and efficient products.
- In 2020, Linde partnered with new contract with Indian Oil Corporation Limited (IOCL), the largest refiner in India. Praxair India Private Limited operated an air separation unit (ASU) to supply oxygen and nitrogen to its incumbent customer, IOCL.
- In 2019, NGK SPARK PLUG CO., LTD. (NTK) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) declared the establishment of CECYLLS Co., Ltd. The two companies to manufacture and sell cylindrical cell stacks (Note1) as the power generating elements used in solid oxide fuel cells (SOFC).
The oxy fuel combustion technology market has been segmented as follows:
Oxy Fuel Combustion Technology Market– by Offerings
- Solution
- Services
Oxy Fuel Combustion Technology Market – by End-User Industry
- Oil & Gas
- Power Generation
- Manufacturing
- Metal &Mining
- Others
Oxy Fuel Combustion Technology Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South America (SAM)
- Brazil
- Rest of SAM
Oxy Fuel Combustion Technology Market–Company Profiles
- Air Liquide
- Air Products and Chemicals, Inc.
- Encon Thermal Engineers Pvt. Ltd.
- ESA S.p.A.
- Falorni Gianfranco s.r.l.
- General Electric Company
- Hitachi Ltd.
- Jupiter Oxygen Corporation
- Linde
- HEIDELBERGCEMENT AG
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offerings, and End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Asia Pacific is expected to register highest CAGR in the oxy fuel combustion technology market during the forecast period (2022-2028)
Air Pollution Awareness Programs in Developed and Developing Countries
India, Japan, and France are expected to register high growth rate during the forecast period
The estimated global market size for the oxy fuel combustion technology market in 2022 is expected to be around US$ 454.18 million in 2022
1. Increasing Government Initiatives to Reduce Air Pollution
2. Rising Demand for Minimizing Gas Emissions in Industrial Processes
The oxy fuel combustion technology market is expected to register an incremental growth value of US$ 370.99 million during the forecast period
US is expected to hold a major market share of oxy fuel combustion technology market in 2022
Solutions segment is expected to hold a major market share of oxy fuel combustion technology market in 2022
The global market size of oxy fuel combustion technology market by 2028 will be around US$ 825.17 million
Air Products and Chemicals, Inc., Air Liquide S.A., Linde Plc, General Electric, Jupiter Oxygen Corporation are the key market players expected to hold a major market share of oxy fuel combustion technology market in 2022
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Oxy Fuel Combustion Technology Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South America – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Oxy Fuel Combustion Technology–Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Government Initiatives to Reduce Air Pollution
5.1.2 Rising Demand for Minimizing Gas Emissions in Industrial Processes
5.2 Market Restraints
5.2.1 High Energy Requirement and High Cost Associated with Oxy Fuel Technology Solutions
5.3 Market Opportunities
5.3.1 Growing Demand for Oxy Fuel Combustion Technology Among Developing Countries
5.4 Future Trends
5.4.1 Air Pollution Awareness Programs in Developed and Developing Countries
5.5 Impact Analysis of Drivers and Restraints
6. Oxy Fuel Combustion Technology Market – Global Analysis
6.1 Oxy Fuel Combustion Technology Market Global Overview
6.2 Market Positioning – Five Key Players
6.2.1 Brief Overview of Top 5 Players:
7. Oxy Fuel Combustion Technology Market Analysis – By Offerings
7.1 Overview
7.2 Oxy Fuel Combustion Technology Market Breakdown, by Offerings, 2021 and 2028 (%)
7.3 Solution
7.3.1 Overview
7.3.2 Solution Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Services Market Revenue and Forecasts to 2028 (US$ Mn)
8. Oxy Fuel Combustion Technology Market Analysis – By End-Use Industry
8.1 Overview
8.2 Oxy Fuel Combustion Technology Market Breakdown, By End-User Industry, 2021 & 2028 (%)
8.3 Oil & Gas
8.3.1 Overview
8.3.2 Oil and Gas Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Power Generation
8.4.1 Overview
8.4.2 Power Generation Market Revenue and Forecasts to 2028 (US$ Mn)
8.5 Manufacturing
8.5.1 Overview
8.5.2 Manufacturing Market Revenue and Forecasts to 2028 (US$ Mn)
8.6 Metal & Mining
8.6.1 Overview
8.6.2 Metal and Mining Market Revenue and Forecasts to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
9. Oxy Fuel Combustion Technology Market – Geographic Analysis
9.1 Overview
9.2 North America Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.2.1 Overview
9.2.2 North America Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.2.3 North America Oxy Fuel Combustion Technology Market, By End-User Industry
9.2.4 North America Oxy Fuel Combustion Technology Market, by Country
9.2.4.1 US Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.2.4.1.1 US Oxy Fuel Combustion Technology Market, by Offerings
9.2.4.1.2 US Oxy Fuel Combustion Technology Market, by End-User Industry
9.2.4.2 Canada Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.2.4.2.1 Canada Oxy Fuel Combustion Technology Market, by Offerings
9.2.4.2.2 Canada Oxy Fuel Combustion Technology Market, by End-User Industry
9.2.4.3 Mexico Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.2.4.3.1 Mexico Oxy Fuel Combustion Technology Market, by Offerings
9.2.4.3.2 Mexico Oxy Fuel Combustion Technology Market, by End-User Industry
9.3 Europe Oxy Fuel Combustion Technology Market Revenue and Forecast To 2028
9.3.1 Overview
9.3.2 Europe Oxy Fuel Combustion Technology Market Revenue and Forecast to 2028 (US$ Mn)
9.3.3 Europe Oxy Fuel Combustion Technology Market, By Offerings
9.3.4 Europe Oxy Fuel Combustion Technology Market, By End-User Industry
9.3.5 Europe Oxy Fuel Combustion Technology Market, by Country
9.3.5.1 France Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.3.5.1.1 France Oxy Fuel Combustion Technology Market, by Offerings
9.3.5.1.2 France Oxy Fuel Combustion Technology Market, by End-User Industry
9.3.5.2 Germany Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.3.5.2.1 Germany Oxy Fuel Combustion Technology Market, by Offerings
9.3.5.2.2 Germany Oxy Fuel Combustion Technology Market, by End-User Industry
9.3.5.3 Italy Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.3.5.3.1 Italy Oxy Fuel Combustion Technology Market, by Offerings
9.3.5.3.2 Italy Oxy Fuel Combustion Technology Market, by End-User
9.3.5.4 UK Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.3.5.4.1 UK Oxy Fuel Combustion Technology Market, by Offerings
9.3.5.4.2 UK Oxy Fuel Combustion Technology Market, by End-User Industry
9.3.5.5 Russia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.3.5.5.1 Russia Oxy Fuel Combustion Technology Market, by Offerings
9.3.5.5.2 Russia Oxy Fuel Combustion Technology Market, by End-User
9.3.5.6 Rest of Europe Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.3.5.6.1 Rest of Europe Oxy Fuel Combustion Technology Market, by Offerings
9.3.5.6.2 Rest of Europe Oxy Fuel Combustion Technology Market, by End-User
9.4 APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028
9.4.1 Overview
9.4.2 APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.3 APAC Oxy Fuel Combustion Technology Market, By Offerings
9.4.4 APAC Oxy Fuel Combustion Technology Market, By End-User Industry
9.4.5 APAC Oxy Fuel Combustion Technology Market, by Country
9.4.5.1 Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.5.1.1 Australia Oxy Fuel Combustion Technology Market, by Offerings
9.4.5.1.2 Australia Oxy Fuel Combustion Technology Market, by End-User
9.4.5.2 China Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.5.2.1 China Oxy Fuel Combustion Technology Market, by Offerings
9.4.5.2.2 China Oxy Fuel Combustion Technology Market, by End-User
9.4.5.3 India Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.5.3.1 India Oxy Fuel Combustion Technology Market, by Offerings
9.4.5.3.2 India Oxy Fuel Combustion Technology Market, by End-User
9.4.5.4 Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.5.4.1 Japan Oxy Fuel Combustion Technology Market, by Offerings
9.4.5.4.2 Japan Oxy Fuel Combustion Technology Market, by End-User
9.4.5.5 South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.5.5.1 South Korea Oxy Fuel Combustion Technology Market, by Offerings
9.4.5.5.2 South Korea Oxy Fuel Combustion Technology Market, by End-User
9.4.5.6 Rest of APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.4.5.6.1 Rest of APAC Oxy Fuel Combustion Technology Market, by Offerings
9.4.5.6.2 Rest of APAC Oxy Fuel Combustion Technology Market, by End-User
9.5 Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028
9.5.1 Overview
9.5.2 Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.5.3 Middle East & Africa Oxy Fuel Combustion Technology Market, By Offerings
9.5.4 Middle East & Africa Oxy Fuel Combustion Technology Market, By End-User Industry
9.5.5 Middle East & Africa Oxy Fuel Combustion Technology Market, By Country
9.5.5.1 Saudi Arabia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.5.5.1.1 Saudi Arabia Oxy Fuel Combustion Technology Market, by Offerings
9.5.5.1.2 Saudi Arabia Oxy Fuel Combustion Technology Market, by End-User
9.5.5.2 UAE Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.5.5.2.1 UAE Oxy Fuel Combustion Technology Market, by Offerings
9.5.5.2.2 UAE Oxy Fuel Combustion Technology Market, by End-User
9.5.5.3 South Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.5.5.3.1 South Africa Oxy Fuel Combustion Technology Market, by Offerings
9.5.5.3.2 South Africa Oxy Fuel Combustion Technology Market, by End-User
9.5.5.4 Rest of Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.5.5.4.1 Rest of Middle East & Africa Oxy Fuel Combustion Technology Market, by Offerings
9.5.5.4.2 Rest of Middle East & Africa Oxy Fuel Combustion Technology Market, by End-User
9.6 South America Oxy Fuel Combustion Technology Market Revenue and Forecast To 2028
9.6.1 Overview
9.6.2 South America Oxy Fuel Combustion Technology Market Revenue and Forecast to 2028 (US$ Mn)
9.6.3 South America Oxy Fuel Combustion Technology Market, By Offerings
9.6.4 South America Oxy Fuel Combustion Technology Market, By End-User Industry
9.6.5 SAM Oxy Fuel Combustion Technology Market, by Country
9.6.5.1 Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.6.5.1.1 Brazil Oxy Fuel Combustion Technology Market, by Offerings
9.6.5.1.2 Brazil Oxy Fuel Combustion Technology Market, by End-User Industry
9.6.5.2 Rest of SAM Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.6.5.2.1 Rest of SAM Oxy Fuel Combustion Technology Market, by Offerings
9.6.5.2.2 Rest of SAM Oxy Fuel Combustion Technology Market, by End-User Industry
10. Impact of COVID
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Falorni Gianfranco SRL
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 General Electric Co
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 HeidelbergCement AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hitachi Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Jupiter Oxygen Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Linde Plc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Air Liquide SA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Air Products & Chemicals Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Encon Thermal Engineers Pvt Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ESA SpA
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028, by Geography (US$ Mn)
Table 3. North America Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 4. North America Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 5. US Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 6. US Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 11. Europe Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 12. Europe Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 13. France Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 14. France Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 15. Germany Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 16. Germany Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 17. Italy Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 18. Italy Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 19. UK Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 20. UK Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 21. Russia Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 22. Russia Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of Europe Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of Europe Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 25. APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 – By Offerings (US$ Mn)
Table 26. APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 – By End-User Industry (US$ Mn)
Table 27. Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 28. Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 29. China Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 30. China Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 31. India Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 32. India Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 33. Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 34. Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 35. South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 36. South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 37. Rest of APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 38. Rest of APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 39. Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 – By Offerings (US$ Mn)
Table 40. Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 – By End-User Industry (US$ Mn)
Table 41. Saudi Arabia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 42. Saudi Arabia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 43. UAE Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 44. UAE Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 45. South Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 46. South Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 47. Rest of Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 48. Rest of Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 49. South America Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 – By Offerings (US$ Mn)
Table 50. South America Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 – By End-User Industry (US$ Mn)
Table 51. Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 52. Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 53. Rest of SAM Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 54. Rest of SAM Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 55. List of Abbreviation
LIST OF FIGURES
Figure 1. Oxy Fuel Combustion Technology Market Segmentation
Figure 2. Oxy Fuel Combustion Technology Market Segmentation – By Geography
Figure 3. Global Oxy Fuel Combustion Technology Market Overview
Figure 4. Solution Segment is Expected to Dominate the Market by Offerings
Figure 5. Power Generation Segment held Largest Market Share in 2021
Figure 6. North America held Largest Market Share in 2021
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Asia Pacific – PEST Analysis
Figure 10. Middle East and Africa – PEST Analysis
Figure 11. South America – PEST Analysis
Figure 12. Expert Opinion
Figure 13. Oxy Fuel Combustion Technology Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Oxy Fuel Combustion Technology Market
Figure 15. Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Oxy Fuel Combustion Technology Market Breakdown by Offerings, 2021 and 2028 (%)
Figure 17. Solution Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Oxy Fuel Combustion Technology Market Breakdown by System, 2021 and 2028 (%)
Figure 20. Oil and Gas Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. Power Generation Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. Manufacturing Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. Metal and Mining Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Global Oxy Fuel Combustion Technology Market, by Region, 2021 & 2028 (%)
Figure 26. North America Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
Figure 27. North America Oxy Fuel Combustion Technology Market, By Offerings, 2021 & 2028 (%)
Figure 28. North America Oxy Fuel Combustion Technology Market, By End-User, 2021 & 2028 (%)
Figure 29. North America Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028 (%)
Figure 30. US Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 31. Canada Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 32. Mexico Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 33. Europe Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 34. Europe Oxy Fuel Combustion Technology Market, By Offerings, 2021 & 2028 (%)
Figure 35. Europe Oxy Fuel Combustion Technology Market, By End-User, 2021 & 2028 (%)
Figure 36. Europe Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028(%)
Figure 37. France Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 38. Germany Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 39. Italy Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 40. UK Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 41. Russia Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 42. Rest of Europe Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 43. APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 44. APAC Oxy Fuel Combustion Technology Market, By Offerings, 2021 & 2028 (%)
Figure 45. APAC Oxy Fuel Combustion Technology Market, By End-User, 2021 & 2028 (%)
Figure 46. APAC Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028 (%)
Figure 47. Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 48. China Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 49. India Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 50. Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 51. South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 52. Rest of APAC Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 53. Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
Figure 54. Middle East & Africa Oxy Fuel Combustion Technology Market, By Offerings, 2021 & 2028 (%)
Figure 55. Middle East & Africa Oxy Fuel Combustion Technology Market, By End-User, 2021 & 2028 (%)
Figure 56. Middle East & Africa Oxy Fuel Combustion Technology Market, By Country, 2021 & 2028 (%)
Figure 57. Saudi Arabia Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 58. UAE Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 59. South Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 60. Rest of Middle East & Africa Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 61. South America Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 62. South America Oxy Fuel Combustion Technology Market, By Offerings, 2021 & 2028 (%)
Figure 63. South America Oxy Fuel Combustion Technology Market, By End-User Industry, 2021 & 2028 (%)
Figure 64. SAM Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028 (%)
Figure 65. Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 66. Rest of SAM Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 67. Impact of COVID-19 Pandemic on Oxy Fuel Combustion Technology Market in North American Countries
Figure 68. Impact of COVID-19 Pandemic on Oxy Fuel Combustion Technology Market in European Countries
Figure 69. Impact of COVID-19 Pandemic on Oxy Fuel Combustion Technology Market in Asia-Pacific Countries
Figure 70. Impact of COVID-19 Pandemic on Oxy Fuel Combustion Technology Market in Middle East & Africa Countries
Figure 71. Impact of COVID-19 Pandemic on Oxy Fuel Combustion Technology Market in South America Country
The List of Companies - Oxy Fuel Combustion Technology Market
- Air Liquide
- Air Products and Chemicals, Inc.
- Encon Thermal Engineers Pvt. Ltd.
- ESA Pyronics International
- Falorini Gianfranco SRL
- General Electric Company
- Hitachi Ltd.
- Jupiter Oxygen Corporation
- Linde
- HEIDELBERGCEMENT AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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