North America 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 North America oxy fuel combustion technology market is expected to grow from US$ 164.41 million in 2022 to US$ 287.80 million by 2028. It is estimated to grow at a CAGR of 9.8% from 2022 to 2028.
Growing Demand for Oxy Fuel Combustion Technology is Fuelling North America Oxy Fuel Combustion Technology Market
The rising air pollution rate across developing countries is influencing the governments and industries across these countries to take initiatives to reduce the same for building a healthy environment for its population. Industrial air pollution is responsible for nearly 20,000 of these deaths, which occur primarily in towns and cities. In Mexico, air pollution is a serious problem, accounting for nearly one-fifth of all deaths (5.9%). It is the eighth leading cause of death after many factors such as unhealthy diet, overweight, high blood pressure, and alcohol and drug consumption. PM2.5 is the most dangerous type of airborne particle, as it can penetrate deep into the lungs. In Mexico City, average concentrations are around 25 g/m. Thus, to minimize the PM-2.5 and other industrial gas emissions to reduce their environmental effects and impact on human health, the demand for oxy fuel combustion technology is expected to increase during the forecast period.
North America Oxy Fuel Combustion Technology Market Overview
North America is the key regional market, which includes the US, Canada, and Mexico. North America is a hub of technological developments, which results in the growth of various industries in the region, and the same remains the principal factor for driving prosperity, jobs, and innovation. The US and Canada are highly dependent on fossil fuels to fulfill their primary energy demand. Hence, the emission of harmful gases in these countries is high. The largest source of greenhouse gas emissions in the US is human activities that include burning fossil fuels for electricity, heat, and transportation. According to the United States Environmental Protection Agency (EPA), in 2020, the total greenhouse gas emission in the US was 5,981 million metric tons of CO2 equivalent. Different economic sectors responsible for greenhouse gas emissions are transportation holding 27% of greenhouse gas emissions in 2020; electricity production accounting for 25%; industry accounting for 24%; commercial and residential sectors holding 13%; and agriculture accounting for 11%. Thus, the rapid growth in the above sectors will increase the harmful gas emissions in North America during the forecast period.
North America Oxy Fuel Combustion Technology Market Revenue and Forecast to 2028 (US$ Million)
North America Oxy Fuel Combustion Technology Market Segmentation
The North America oxy fuel combustion technology market is segmented based on offerings, end-user industries, and country.
Based on offerings, the North America oxy fuel combustion technology market is segmented into solution and services. The solution segment held a larger share of North America oxy fuel combustion technology market in 2022.
Based on end-user industry, the North America 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 North America oxy fuel combustion technology market in 2022.
Based on country, the North America oxy fuel combustion technology market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US dominated the North America 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 North America 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. North America Oxy Fuel Combustion Technology Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America 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 – North America Analysis
6.1 North America Oxy Fuel Combustion Technology Market Overview
6.2 North America Oxy Fuel Combustion Technology Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Oxy Fuel Combustion Technology Market Analysis – By Offerings
7.1 Overview
7.2 North America 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. North America Oxy Fuel Combustion Technology Market Analysis – By End-User Industry
8.1 Overview
8.2 North America 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. North America Oxy Fuel Combustion Technology Market – Country Analysis
9.1 Overview
9.1.1 North America Oxy Fuel Combustion Technology Market, by Country
9.1.1.1 US Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.1.1 US Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.1.2 US Oxy Fuel Combustion Technology Market, by End-User Industry
9.1.1.2 Canada Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.2.1 Canada Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.2.2 Canada Oxy Fuel Combustion Technology Market, by End-User Industry
9.1.1.3 Mexico Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.3.1 Mexico Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.3.2 Mexico Oxy Fuel Combustion Technology Market, by End-User Industry
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. North America Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. US Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 3. US Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 4. Canada Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 6. Mexico Oxy Fuel Combustion Technology Market, by Offerings – Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Oxy Fuel Combustion Technology Market, by End-User Industry – Revenue and Forecast to 2028 (USD Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Oxy Fuel Combustion Technology Market Segmentation
Figure 2. North America Oxy Fuel Combustion Technology Market Segmentation – By Country
Figure 3. North America Oxy Fuel Combustion Technology Market Overview
Figure 4. North America Oxy Fuel Combustion Technology Market, By Offerings
Figure 5. North America Oxy Fuel Combustion Technology Market, By Country
Figure 6. North America – PEST Analysis
Figure 7. Expert Opinion
Figure 8. North America Oxy Fuel Combustion Technology Market Impact Analysis of Drivers and Restraints
Figure 9. North America Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America Oxy Fuel Combustion Technology Market Breakdown by Offerings, 2021 and 2028 (%)
Figure 11. Solution: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Services: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. North America Oxy Fuel Combustion Technology Market Breakdown by End-User Industry, 2021 and 2028 (%)
Figure 14. Oil and Gas: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Power Generation: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Manufacturing: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Metal and Mining: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Others: North America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. North America: Oxy Fuel Combustion Technology Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. North America Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028 (%)
Figure 21. US Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 22. Canada Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 23. Mexico 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 North America oxy fuel combustion technology market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America oxy fuel combustion technology market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America 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