Market Overview:
The global enclosed flares market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for petrochemical products and refinery products, globally. In addition, the stringent environmental regulations across different regions are also driving the growth of this market. The global enclosed flares market is segmented on the basis of type, application and region. On the basis of type, it is divided into single point enclosed flares and multi-point enclosed flares. Single point enclosed flare systems are used for smaller applications such as gas processing plants or natural gas liquefaction plants, while multi-point flare systems are used in large refineries or petrochemical complexes with multiple production units.
Product Definition:
The term enclosed flares generally refers to a type of pyrotechnic device that is encased in a metal or plastic housing. Enclosed flares are important for signaling purposes, as they produce a bright light and intense heat that can be seen from long distances. They are often used by pilots, ships, and emergency responders to indicate their location or request assistance.
Single Point Enclosed Flares:
Single point enclosed flares are used to provide protection from light, heat, and flame for people or objects in open areas. They can be used as a safe exit route during fire emergencies and also to protect valuable equipment.
Multi-point Enclosed Flares:
Multi-point enclosed flares are used in enclosed flareshields to provide protection from multiple threats. They can protect against surface-to-air missiles, anti-aircraft shells, and aerial bombs. The multi-point enclosed flare is a circular device made up of lightweight material that opens like a flower when triggered to release the smoke and flame. It provides an excellent visual display with smoke that gives away the position of the target for enemy forces located far away.
Application Insights:
Petrochemical plant was the largest application segment in 2017 and accounted for over 40% of the total demand. The growth is attributed to rising petrochemical production across the globe. Enclosed flares are used at various stages of gasification, synthesis, desulphurization, and fractionation processes to provide heat or light for processing plants or to incinerate fly ash from coal-fired power plants.
The refinery segment is expected to witness significant growth over the forecast period owing to growing global oil & gas industry coupled with increasing refining activities in countries such as Saudi Arabia, UAE, Russia and U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major petrochemical manufacturing companies in U.S. and Canada, which has increased the demand for flares over past few years. Europe is expected to be a significant regional market on account of increasing number of chemical manufacturing units and refineries in Germany, France, Italy, Spain and other countries. Asia Pacific is projected to witness fastest growth over the forecast period owing to rapid expansion of end-user industries such as petrochemicals & plastics, oil & gas etc.
Growth Factors:
- Increasing demand for enclosed flares from the oil and gas industry as a result of stringent environmental regulations
- Growing demand for enclosed flares in the municipal solid waste (MSW) management sector due to increasing awareness about environment protection
- Rising investments in petrochemical and refinery projects across the globe
- Proliferation of shale gas exploration and production activities in North America and other regions
- Technological advancements that have led to development of more efficient enclosed flare systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Enclosed Flares Market Research Report
By Type
Single Point Enclosed Flares, Multi-point Enclosed Flares
By Application
Petrochemical Plant, Refinery, Chemical Plant, Others
By Companies
HeroFlare, ASHCOR, ZEECO, HiTemp Technology, John Zink Hamworthy, Parnel BioGas Inc, LFG Technologies, Aereon, Perennial Energy, Baker Furnace, CRA, Cimarron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Enclosed Flares Market Report Segments:
The global Enclosed Flares market is segmented on the basis of:
Types
Single Point Enclosed Flares, Multi-point Enclosed Flares
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petrochemical Plant, Refinery, Chemical Plant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HeroFlare
- ASHCOR
- ZEECO
- HiTemp Technology
- John Zink Hamworthy
- Parnel BioGas Inc
- LFG Technologies
- Aereon
- Perennial Energy
- Baker Furnace
- CRA
- Cimarron
Highlights of The Enclosed Flares Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Point Enclosed Flares
- Multi-point Enclosed Flares
- By Application:
- Petrochemical Plant
- Refinery
- Chemical Plant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enclosed Flares Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enclosed flares are a type of flare used in aircraft to indicate an emergency or warning.
Some of the major companies in the enclosed flares market are HeroFlare, ASHCOR, ZEECO, HiTemp Technology, John Zink Hamworthy, Parnel BioGas Inc, LFG Technologies, Aereon, Perennial Energy, Baker Furnace, CRA, Cimarron.
The enclosed flares market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enclosed Flares Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Enclosed Flares Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enclosed Flares Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Enclosed Flares Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Enclosed Flares Market Size & Forecast, 2020-2028
4.5.1 Enclosed Flares Market Size and Y-o-Y Growth
4.5.2 Enclosed Flares Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Point Enclosed Flares
5.2.2 Multi-point Enclosed Flares
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petrochemical Plant
6.2.2 Refinery
6.2.3 Chemical Plant
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enclosed Flares Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Enclosed Flares Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Point Enclosed Flares
9.6.2 Multi-point Enclosed Flares
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petrochemical Plant
9.10.2 Refinery
9.10.3 Chemical Plant
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Point Enclosed Flares
10.6.2 Multi-point Enclosed Flares
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petrochemical Plant
10.10.2 Refinery
10.10.3 Chemical Plant
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Point Enclosed Flares
11.6.2 Multi-point Enclosed Flares
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petrochemical Plant
11.10.2 Refinery
11.10.3 Chemical Plant
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Point Enclosed Flares
12.6.2 Multi-point Enclosed Flares
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petrochemical Plant
12.10.2 Refinery
12.10.3 Chemical Plant
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Point Enclosed Flares
13.6.2 Multi-point Enclosed Flares
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petrochemical Plant
13.10.2 Refinery
13.10.3 Chemical Plant
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Enclosed Flares Market: Competitive Dashboard
14.2 Global Enclosed Flares Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HeroFlare
14.3.2 ASHCOR
14.3.3 ZEECO
14.3.4 HiTemp Technology
14.3.5 John Zink Hamworthy
14.3.6 Parnel BioGas Inc
14.3.7 LFG Technologies
14.3.8 Aereon
14.3.9 Perennial Energy
14.3.10 Baker Furnace
14.3.11 CRA
14.3.12 Cimarron
