Market Overview:
The global thermal incinerator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thermal incinerators from various end-use industries, such as oil and gas, chemical industry, automotive, and electricity. Thermal incinerators are used for destroying hazardous waste materials that cannot be burned in an open flame. These devices use heat to break down organic material into water vapor and carbon dioxide. Based on type, the global thermal incinerator market is segmented into direct fired thermal oxidizer (DFTO), recuperative thermal oxidizer (RTO), regenerative thermal oxidizer (RTO), and other types. The DFTO segment is expected to account for the largest share of the global market in 2018 owing to its high efficiency and low operating costs. Based on application, the global market is divided into oil and gas industry, chemical industry, automotive industry, electricity generation sector,,and others segments.
Product Definition:
A thermal incinerator is a device for the burning of solid waste. It is a furnace in which the waste is burned at high temperatures to produce heat, flue gas, and fly ash.
Direct Fired Thermal Oxidizer (DFTO):
Direct fired thermal oxidizer (DFTO) is a fuel used in thermal incinerators. It is also known as the boiler fuel or primary fire. The process of using this fuel type involves burning waste at a high temperature to release energy and heat which aids in reducing the volume of waste by half. This method is highly preferred over other methods owing to its ability to reduce volumes without any loss in terms of quality, strength or purity of materials and components.
Recuperative Thermal Oxidizer:
Recuperative thermal oxidizer is a technology that uses heat and oxygen to break down waste. It is an environmentally friendly process used in landfills, where the heat generated from the decomposition of organic materials aids in reducing the volume of landfill required. The technology has been around for decades but has gained prominence due to recent advancements such as increased efficiency and reduced cost.
Application Insights:
The chemical industry emerged as the dominant segment and accounted for a revenue share of over 40% in 2017. Increasing demand for waste heat from power plants is expected to drive the global incinerator market over the forecast period. The oil and gas industry is also anticipated to emerge as one of the prominent application segments during the forecast period owing to rising need for energy security, coupled with growing investments by various companies across countries such as Saudi Arabia, Russia, China, U.S., Canada among others in order to meet growing energy needs.
In addition to this increasing demand from other end-use industries such as automotive & transportation which requires low emission products will further boost product penetration in these applications over next eight years globally due to stringent regulations being imposed on vehicle emissions across all major regions including North America.
Regional Analysis:
Asia Pacific regional market dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of total revenue in 2017 owing to high demand from end-use industries, such as oil and gas, chemical, power generation, metal processing etc. China is projected to remain a key consumer due to rapid industrialization coupled with increasing government support for infrastructure development initiatives.
The European regional market held a significant share in terms of consumption as well as production owing mainly to technological advancements associated with thermal oxidizers along with increased focus on reducing greenhouse emissions by adopting energy efficient technologies across various end-use sectors. North America also contributed significantly towards consumption owing mainly to growing demand from end-use industries such as oil and gas & chemicals which resulted into higher sales volumes across manufacturers operating within this region.
Growth Factors:
- Increasing demand for thermal incinerators from the municipal solid waste (MSW) management sector as a result of stringent government regulations on environment protection.
- Growing demand for thermal incinerators from the medical waste management sector due to increasing awareness about the health hazards associated with medical wastes.
- Rising demand for thermal incinerators in developing countries due to their growing economies and rising population levels.
- Technological advancements in thermal incinerator design and operation that improve efficiency and reduce emissions, resulting in lower operating costs and environmental impact.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Incinerator Market Research Report
By Type
Direct Fired Thermal Oxidizer (DFTO), Recuperative Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), Other
By Application
Oil and Gas, Chemical Industry, Automotive, Electricity, Others
By Companies
John Zink Hamworthy Combustion/Koch, Honeywell International, Fives, Catalytic Combustion Corporation, Pollution Systems, Dürr Cleantechnology, Anguil Environmental Systems, Inc., Catalytic Products International, AEREON, Krantz, Gasco Pty Ltd, Tornado Combustion Technologies, The CMM Group, Epcon Industrial Systems, Tecam, Boardman, Taikisha Ltd., Illinois Tool Works/Despatch, Zeeco, Stelter & Brinck
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Incinerator Market Report Segments:
The global Thermal Incinerator market is segmented on the basis of:
Types
Direct Fired Thermal Oxidizer (DFTO), Recuperative Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), Other
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
Oil and Gas, Chemical Industry, Automotive, Electricity, 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:
- John Zink Hamworthy Combustion/Koch
- Honeywell International
- Fives
- Catalytic Combustion Corporation
- Pollution Systems
- Dürr Cleantechnology
- Anguil Environmental Systems, Inc.
- Catalytic Products International
- AEREON
- Krantz
- Gasco Pty Ltd
- Tornado Combustion Technologies
- The CMM Group
- Epcon Industrial Systems
- Tecam
- Boardman
- Taikisha Ltd.
- Illinois Tool Works/Despatch
- Zeeco
- Stelter & Brinck
Highlights of The Thermal Incinerator 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:
- Direct Fired Thermal Oxidizer (DFTO)
- Recuperative Thermal Oxidizer
- Regenerative Thermal Oxidizer (RTO)
- Other
- By Application:
- Oil and Gas
- Chemical Industry
- Automotive
- Electricity
- 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 Thermal Incinerator 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.
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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?
A thermal incinerator is a machine that burns waste to create energy or ash. The heat from the burning process vaporizes the waste, and the vaporized materials are then drawn into a combustion chamber where they are burned. The hot gases and particles created by this burning process escape through an exhaust pipe, producing heat and ash.
Some of the major players in the thermal incinerator market are John Zink Hamworthy Combustion/Koch, Honeywell International, Fives, Catalytic Combustion Corporation, Pollution Systems, DƒÂ¼rr Cleantechnology, Anguil Environmental Systems, Inc., Catalytic Products International, AEREON, Krantz, Gasco Pty Ltd, Tornado Combustion Technologies, The CMM Group, Epcon Industrial Systems, Tecam, Boardman, Taikisha Ltd., Illinois Tool Works/Despatch, Zeeco, Stelter & Brinck.
The thermal incinerator market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Incinerator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Incinerator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Incinerator Market - Supply Chain
4.5. Global Thermal Incinerator Market Forecast
4.5.1. Thermal Incinerator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Incinerator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Incinerator Market Absolute $ Opportunity
5. Global Thermal Incinerator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Incinerator Market Size and Volume Forecast by Type
5.3.1. Direct Fired Thermal Oxidizer (DFTO)
5.3.2. Recuperative Thermal Oxidizer
5.3.3. Regenerative Thermal Oxidizer (RTO)
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Incinerator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Incinerator Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Chemical Industry
6.3.3. Automotive
6.3.4. Electricity
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Incinerator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Incinerator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Incinerator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Incinerator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Incinerator Demand Share Forecast, 2019-2026
9. North America Thermal Incinerator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Incinerator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Incinerator Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Chemical Industry
9.4.3. Automotive
9.4.4. Electricity
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Incinerator Market Size and Volume Forecast by Type
9.7.1. Direct Fired Thermal Oxidizer (DFTO)
9.7.2. Recuperative Thermal Oxidizer
9.7.3. Regenerative Thermal Oxidizer (RTO)
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Incinerator Demand Share Forecast, 2019-2026
10. Latin America Thermal Incinerator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Incinerator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Incinerator Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Chemical Industry
10.4.3. Automotive
10.4.4. Electricity
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Incinerator Market Size and Volume Forecast by Type
10.7.1. Direct Fired Thermal Oxidizer (DFTO)
10.7.2. Recuperative Thermal Oxidizer
10.7.3. Regenerative Thermal Oxidizer (RTO)
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Incinerator Demand Share Forecast, 2019-2026
11. Europe Thermal Incinerator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Incinerator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Incinerator Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Chemical Industry
11.4.3. Automotive
11.4.4. Electricity
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Incinerator Market Size and Volume Forecast by Type
11.7.1. Direct Fired Thermal Oxidizer (DFTO)
11.7.2. Recuperative Thermal Oxidizer
11.7.3. Regenerative Thermal Oxidizer (RTO)
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Incinerator Demand Share, 2019-2026
12. Asia Pacific Thermal Incinerator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Incinerator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Incinerator Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Chemical Industry
12.4.3. Automotive
12.4.4. Electricity
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Incinerator Market Size and Volume Forecast by Type
12.7.1. Direct Fired Thermal Oxidizer (DFTO)
12.7.2. Recuperative Thermal Oxidizer
12.7.3. Regenerative Thermal Oxidizer (RTO)
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Incinerator Demand Share, 2019-2026
13. Middle East & Africa Thermal Incinerator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Incinerator Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Incinerator Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Chemical Industry
13.4.3. Automotive
13.4.4. Electricity
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Incinerator Market Size and Volume Forecast by Type
13.7.1. Direct Fired Thermal Oxidizer (DFTO)
13.7.2. Recuperative Thermal Oxidizer
13.7.3. Regenerative Thermal Oxidizer (RTO)
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Incinerator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Incinerator Market: Market Share Analysis
14.2. Thermal Incinerator Distributors and Customers
14.3. Thermal Incinerator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. John Zink Hamworthy Combustion/Koch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fives
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Catalytic Combustion Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pollution Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dürr Cleantechnology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anguil Environmental Systems, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Catalytic Products International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AEREON
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Krantz
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gasco Pty Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tornado Combustion Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. The CMM Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Epcon Industrial Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tecam
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Boardman
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Taikisha Ltd.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Illinois Tool Works/Despatch
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Zeeco
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Stelter & Brinck
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
