Flare gas recovery systems consists of compressors, heat exchangers, gaskets, auxiliaries, tanks and other equipment. Compressor is one among the vital components of flare gas recovery system. These systems are predominantly used for re-injection of natural gas into production well and making natural gas available for reuse such as captive power generation.
The report starts with an overview section describing about natural gas production trends, carbon emission trends relating to flare gas, top flaring countries and also discusses about pros and cons of flare gas recovery systems and government regulations on flaring. The global flare gas recovery system market is categorically split under two sections namely: flare gas recovery system market by regions and by capacity. Additionally, the report provides a qualitative glimpse of the FGRS market by application and competition landscape.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the flare gas purification system market.