Europe Oxy Fuel Combustion Technology Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Offerings (Solution and Services) and End-User Industry (Oil & Gas, Power Generation, Manufacturing, Metal & Mining, and Others)
The Europe oxy fuel combustion technology market is expected to grow from US$ 143.93 million in 2022 to US$ 271.19 million by 2028. It is estimated to grow at a CAGR of 11.1% from 2022 to 2028.
Increasing Government Initiatives to Reduce Air Pollution is Fuelling Europe Oxy Fuel Combustion Technology Market
Air pollution is one of the most severe health and environmental issues across the region. 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 outdoor and indoor particulate matter and ozone. It is at the top of the list in low-income countries. According to the World Health Organization (WHO), in 2019, ambient air pollution caused millions of premature deaths, out of which 89% of premature deaths occurred in low and middle-income countries. Hence, air pollution is more prevalent in low- and middle-income countries. Several initiatives have been taken by local and federal government bodies across the region over the years to minimize hazardous industrial air disposal. Initiatives taken by the federal government bodies are influencing the industrial sector to implement technological solutions to reduce the emission of carbon dioxide and other greenhouse gases during their combustion process. Thus, the factors mentioned above contribute to the Europe oxy fuel combustion technology market growth.
Europe Oxy Fuel Combustion Technology Market Overview
The oxy fuel combustion technology market in Europe in segmented into France, Germany, Russia, Italy, the UK, and the Rest of Europe. Western European countries are more advanced than the Nordic and other Eastern European countries. Therefore, there are more developments and advancements with respect to the adoption of new technologies in the western part of Europe. On the other hand, economically strong countries such as Germany, Italy, and the UK have witnessed significant growth in the implementation of oxy fuel combustion technology solutions. Although renewable energy is becoming prevalent, fossil fuels are expected to play a significant role in Europe in the short and medium term. CO2 emissions from fossil fuel combustion in power generation account for roughly 30% of total CO2 emissions in the European Union (EU). Furthermore, process industries such as cement, iron & steel, aluminum, pulp & paper, and refineries emit CO2 because of raw material conversion. Carbon capture and storage (CCS) technologies seek to capture up to 90% of CO2 emissions from power plants and heavy industries before transporting it by pipeline or ship and securely storing it at least 800 meters below the earth's surface.
Europe Oxy Fuel Combustion Technology Market Revenue and Forecast to 2028 (US$ Million)
Europe Oxy Fuel Combustion Technology Market Segmentation
The Europe oxy fuel combustion technology market is segmented based on offerings, end-user industries, and country.
Based on offerings, the Europe oxy fuel combustion technology market is segmented into solution and services. The solution segment held a larger share of Europe oxy fuel combustion technology market in 2022.
Based on end-user industry, the Europe oxy fuel combustion technology market is segmented into oil & gas, power generation, manufacturing, metal & mining, and others. The power generation segment held the largest share of Europe oxy fuel combustion technology market in 2022.
Based on country, the Europe oxy fuel combustion technology market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the UK dominated the Europe oxy fuel combustion technology market in 2022.
Air Liquide SA, Air Products & Chemicals Inc, ESA SpA, Falorni Gianfranco SRL, General Electric Co, HeidelbergCement AG, Hitachi Ltd, Jupiter Oxygen Corp, and Linde Plc are the leading companies operating in the Europe oxy fuel combustion technology market.
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. Europe Oxy Fuel Combustion Technology Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Oxy Fuel Combustion Technology Market – Key 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
5.4 Future Trends
5.4.1 Air Pollution Awareness Programs
5.5 Impact Analysis of Drivers and Restraints
6. Oxy Fuel Combustion Technology Market – Europe Analysis
6.1 Europe Oxy Fuel Combustion Technology Market Overview
6.2 Europe Oxy Fuel Combustion Technology Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Oxy Fuel Combustion Technology Market Analysis – By Offerings
7.1 Overview
7.2 Europe 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. Europe Oxy Fuel Combustion Technology Market Analysis – By End-User Industry
8.1 Overview
8.2 Europe 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. Europe Oxy Fuel Combustion Technology Market – Country Analysis
9.1 Overview
9.1.1 Europe Oxy Fuel Combustion Technology Market, by Country
9.1.1.1 France Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.1.1 France Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.1.2 France Oxy Fuel Combustion Technology Market, by End-User Industry
9.1.1.2 Germany Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.2.1 Germany Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.2.2 Germany Oxy Fuel Combustion Technology Market, by End-User Industry
9.1.1.3 Italy Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.3.1 Italy Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.3.2 Italy Oxy Fuel Combustion Technology Market, by End-User
9.1.1.4 UK Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.4.1 UK Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.4.2 UK Oxy Fuel Combustion Technology Market, by End-User Industry
9.1.1.5 Russia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.5.1 Russia Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.5.2 Russia Oxy Fuel Combustion Technology Market, by End-User
9.1.1.6 Rest of Europe Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.6.1 Rest of Europe Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.6.2 Rest of Europe Oxy Fuel Combustion Technology Market, by End-User
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Product Development
10.4 Mergers & Acquisitions
11. Company Profiles
11.1 Falorni Gianfranco SRL
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 General Electric Co
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 HeidelbergCement AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Hitachi Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Jupiter Oxygen Corp
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Linde Plc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Air Liquide SA
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Air Products & Chemicals Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 ESA SpA
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. France Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 3. France Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 5. Germany Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 6. Italy Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 7. Italy Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 8. UK Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 9. UK Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 10. Russia Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 11. Russia Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of Europe Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of Europe Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Oxy Fuel Combustion Technology Market Segmentation
Figure 2. Europe Oxy Fuel Combustion Technology Market Segmentation – By Country
Figure 3. Europe Oxy Fuel Combustion Technology Market Overview
Figure 4. Europe Oxy Fuel Combustion Technology Market, By Offerings
Figure 5. Europe Oxy Fuel Combustion Technology Market, By Country
Figure 6. Europe – PEST Analysis
Figure 7. Expert Opinion
Figure 8. Europe Oxy Fuel Combustion Technology Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Oxy Fuel Combustion Technology Market Breakdown by Offerings, 2021 and 2028 (%)
Figure 11. Solution: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Services: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. Europe Oxy Fuel Combustion Technology Market Breakdown by End-User Industry, 2021 and 2028 (%)
Figure 14. Oil and Gas: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Power Generation: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Manufacturing: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Metal and Mining: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Others: Europe Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Europe: Oxy Fuel Combustion Technology Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. Europe Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028(%)
Figure 21. France Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 22. Germany Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 23. Italy Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 24. UK Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 25. Russia Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 26. Rest of Europe Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
- Air Liquide SA
- Air Products & Chemicals Inc
- ESA SpA
- Falorni Gianfranco SRL
- General Electric Co
- HeidelbergCement AG
- Hitachi Ltd
- Jupiter Oxygen Corp
- Linde Plc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe oxy fuel combustion technology market.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the oxy fuel combustion technology market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution