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Thermal Oxidizers Market Report | Global Forecast To 2028
Thermal Oxidizers Market Report | Global Forecast To 2028
Global Thermal Oxidizers Market by Type (Direct Fired Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), Thermal Recuperative Oxidizer, Biomass Fired Thermal Oxidizer, Other), By Application (Oil and Gas, Chemical Industry, Automotive, Electricity, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Thermal Oxidizers Market Report | Global Forecast To 2028

The Thermal Oxidizers Market Size is to grow from $XX billion in 2021 to $ XX billion by 2028. North America will continue to be the largest region for thermal oxidizers with a share of more than 50% of the global revenue and it will also see the maximum growth rate (9%) during this period. The high demand from the oil and gas industry in North America is one of the key factors that can boost up its market size in future years.

 

Thermal oxidizers are a technology that eliminates harmful air pollutants by burning them at high temperatures. It is used in industrial, commercial, and residential sectors for treating exhaust gas of the furnace or boiler furnaces, incinerators (incineration), or open fireplaces. In the thermal oxidation process, fuel burns in excess oxygen to produce heat that decomposes the pollut.

 

On the basis of Types, the market is segmented into Direct Fired Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), Thermal Recuperative Oxidizer, and Biomass Fired Thermal Oxidizer.

 

Direct Fired Thermal Oxidizer:

Direct Fired Thermal Oxidizer is a thermal oxidizer that fuels to heat air or oxygen and then combines the two, without any chemical reaction. The equipment consists of an outer shell made up of prefabricated modules which are stacked together with insulation between them. Direct Fired Thermal Oxidizers (DFTO) are the most common thermal oxidizer used in various industries for remediation and destruction of odors, volatile organic compounds (VOCs), combustible gases, fumes, etc.

 

 

Regenerative Thermal Oxidizer (RTO):

Regenerative Thermal Oxidizer (RTO) is a process where air and flue gas are passed through the regenerators which provide heat to preheat combustibles, fumes, and other auxiliary products. The regenerator contains multiple cylindrical chambers in series with interconnecting passages so that hot gases enter into a cold chamber at atmospheric pressure.

 

 

Thermal Recuperative Oxidizer:

A thermal recuperative oxidizer is an environmental control device designed to remove volatile organic compounds (VOCs) and Nitrogen Oxides (NOx). It does this by utilizing heat from the long exhaust stack of a boiler, incinerator, or another type of combustion equipment.

 

 

Biomass Fired Thermal Oxidizer:

A biomass-fired thermal oxidizer is also known as a bio-firing system. The process involves the combustion of non-hazardous, carbonaceous materials like wood or other agricultural waste to produce heat that can be used for energy production.

 

On the basis of Application, the market is segmented into Oil and Gas, Chemical Industry, Automotive, and Electricity.

 

 

Oil and Gas:

Thermal oxidizers use heat and chemistry to convert hazardous gases into carbon dioxide (CO₂) and water; they can be used in industrial, commercial, or residential applications. The oil and gas industry is using thermal oxidizers for emission control on boilers of power plants, kilns & furn.

 

 

Chemical Industry:

Thermal Oxidizers are used in chemical, petrochemical, and pharmaceutical industries to ensure the cleanliness of process gases. Thermal oxidizers can also be referred to as thermal incinerators or exhaust gas destructors. These devices use a chemical oxidation reaction involving heat energy from combustion gasses to destroy organic compounds that may exist within these types of industrial processes.

 

 

Automotive:

The use of global thermal oxidizers in automotive is found to become a major driving factor for market growth. The thermal oxidation process helps reduce energy consumption and environmental pollution by reducing emissions from boilers, incinerators, and furnaces up to 98%. The technology also provides a low-cost waste disposal solution that helps companies save money on their operations costs.

 

 

Electricity:

Thermal Oxidizers are widely used in the Electricity industry to reduce the emissions of flue gases. The waste heat produced during combustion is reused, which saves fuel costs and reduces power plant requirements. Thermal oxidizers are widely used in the power sector to reduce air pollution from thermal units.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to account for the largest market share in 2021 and is expected to dominate the global Thermal Oxidizers Market during the forecast period. The North American region is projected to dominate the market by occupying around half of the share in 2021. The U.S., Canada, and Mexico are some prominent countries present in the North American region that drives growth for Thermal Oxidizers Market. The increasing demand for air pollution control systems & stringent government regulations on emission norms will drive the thermal. in the Latin American region. Latin America is anticipated to account for the second-largest market share in 2021 and is expected to witness a high growth rate during the forecast period. The Latin American region is projected to grow at a healthy CAGR over the next five years owing to its wide application industries such as oil & gas, chemical processing, automotive emission control systems, electricity generation. The Asia Pacific region is dominating the market and will continue to do so for this forecast period. The Asia Pacific is expected to be the highest growing region in the thermal oxidizers market.

 

 

The Growth Of Global Thermal Oxidizers Market:

The key factors driving the market are the growing demand for a clean environment and stringent government regulations against emissions from chemicals. With the help of our professional industry experts, we have predicted that the global thermal oxidizers market will register strong growth in terms of revenue over the forecasted period. The robust annual growth rate has been observed across various regions. In the future, more and more Oil & Gas industries will be built. Thermal oxidizer removes hazardous air pollutants from industrial exhaust gases through combustion with an oxygen-rich secondary airstream. They are capable of reducing large volumes of gas streams.

 

Dataintelo published a new report titled “Thermal Oxidizers Market research report which is segmented by Types (Direct Fired Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), Thermal Recuperative Oxidizer, Biomass Fired Thermal Oxidizer, Other), By Applications (Oil and Gas, Chemical Industry, Automotive, Electricity, Others), By Players/Companies John Zink Hamworthy Combustion, Honeywell International, Fives, Catalytic Combustion Corporation, Pollution Systems, Dürr Cleantechnology, Anguil Environmental Systems, Inc., Catalytic Products, Babcock & Wilcox, AEREON, Krantz, Gasco Pty Ltd, TORNADO Combustion Technologies, The CMM Group, Epcon Industrial Systems, Bayeco, Luoyang Ruichang Petro-Chemical Equipment Co., Ltd”. 

 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

 

Global Thermal Oxidizers Market Report Segments:

The market is segmented by Type Direct Fired Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), Thermal Recuperative Oxidizer, Biomass Fired Thermal Oxidizer, Other and By Application Oil and Gas, Chemical Industry, Automotive, Electricity, Others.

 

 

Some of the companies that are profiled in this report are:

 

John Zink Hamworthy Combustion

Honeywell International

Fives

Catalytic Combustion Corporation

Pollution Systems

Dürr Cleantechnology

Anguil Environmental Systems, Inc.

Catalytic Products

Babcock & Wilcox

AEREON

Krantz

Gasco Pty Ltd

TORNADO Combustion Technologies

The CMM Group

Epcon Industrial Systems

Bayeco

Luoyang Ruichang Petro-Chemical Equipment Co., Ltd

 

Thermal Oxidizers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

 

Key Benefits for Industry Participants & Stakeholders:

 

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Thermal Oxidizers Market

 

Overview of the regional outlook of the Thermal Oxidizers Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

 

Read more at: https://dataintelo.com/report/thermal-oxidizers-market/

 

Highlights of The Thermal Oxidizers Market Report:

The market structure and projections for the coming years.

Drivers, restraints, opportunities, and current trends of Thermal Oxidizers Market.

Historical data and forecast.

Estimations for the forecast period 2028.

Developments and trends in the market.

By Type:

Direct Fired Thermal Oxidizer

Regenerative Thermal Oxidizer (RTO)

Thermal Recuperative Oxidizer

Biomass Fired Thermal Oxidizer

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 Oxidizers 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 2028.

 

 

How you may use our products:

 

Correctly Positioning New Products

Market Entry Strategies

Business Expansion Strategies

Consumer Insights

Understanding Competition Scenario

Product & Brand Management

Channel & Customer Management

Identifying Appropriate Advertising Appeals

 

Reasons to Purchase the Thermal Oxidizers Market Report:

 

The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period

Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.

Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.

The competitive landscape comprises share of key players, new developments, and strategies in the last three years.

Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.