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Asia Pacific 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)

May 2023 | 127 pages | ID: A6E383929F3AEN
The Insight Partners

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The Asia Pacific oxy fuel combustion technology market is expected to grow from US$ 87.33 million in 2022 to US$ 185.38 million by 2028. It is estimated to grow at a CAGR of 13.4% from 2022 to 2028.

Growing Demand for Oxy Fuel Combustion Technology is Fueling Asia Pacific 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. WHO has set a limit of 10 micrograms (thousandth of a gram) of PM2.5 per cubic meter of air (10g/m3) for average outdoor ambient air pollution. In addition, in 2019, India recorded around 1.67 million deaths due to air pollution, which is 18% of the total deaths in the country. Out of these, ~ 0.98 million deaths were triggered by PM2.5. Furthermore, according to the Lancet Planetary Health, India has the world’s highest ambient PM2.5 levels on a population-weighted average, followed by Nepal. 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.

Asia Pacific Oxy Fuel Combustion Technology Market Overview

The oxy fuel combustion technology market in APAC is segmented into India, China, Japan, Australia, South Korea, and the rest of APAC. Japan, India, China, Australia, Singapore, Taiwan, Indonesia, and other countries have a plethora of manufacturing industries owing to the presence of diverse sectors such as electronics, chemicals, textiles, automobiles, and power generation. Over the years, the manufacturing spending of the region has grown significantly, and it is further anticipated to grow at the highest estimated rate. The expanding manufacturing industries across the region emit hazardous gases, which propel the demand for oxy fuel combustion technologies. In Asia, carbon capture and storage (CCS) provide a way to balance economic growth and continue fossil fuel usage with emission reductions. CCS is recognized as an effective greenhouse gas mitigation tool by government bodies in the region. It also acknowledges that widespread adoption of carbon capture and storage technologies would be needed to substantially reduce CO2 emissions to the atmosphere. In addition to many domestic CCS programs in APAC countries, such as Geoscience Australia's Greenhouse Gas Storage and Greenhouse Gas Monitoring projects, the countries are involved in several international forums that aim to accelerate the development and deployment of CCS, thereby directly impacting the Asia Pacific oxy fuel combustion technology market growth.

Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Oxy Fuel Combustion Technology Market Segmentation

The Asia Pacific oxy fuel combustion technology market is segmented based on offerings, end-user industries, and country.

Based on offerings, the Asia Pacific oxy fuel combustion technology market is segmented into solution and services. The solution segment held a larger share of Asia Pacific oxy fuel combustion technology market in 2022.

Based on end-user industry, the Asia Pacific 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 Asia Pacific oxy fuel combustion technology market in 2022.

Based on country, the Asia Pacific oxy fuel combustion technology market has been categorized into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China dominated the Asia Pacific oxy fuel combustion technology market in 2022.

Air Liquide SA, Air Products & Chemicals Inc, Encon Thermal Engineers Pvt Ltd, 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 Asia Pacific 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. ASIA PACIFIC OXY FUEL COMBUSTION TECHNOLOGY MARKET LANDSCAPE

4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. ASIA PACIFIC 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 – ASIA PACIFIC ANALYSIS

6.1 Asia Pacific Oxy Fuel Combustion Technology Market Overview
6.2 Asia Pacific Oxy Fuel Combustion Technology Market –Revenue and Forecast to 2028 (US$ Million)

7. ASIA PACIFIC OXY FUEL COMBUSTION TECHNOLOGY MARKET ANALYSIS – BY OFFERINGS

7.1 Overview
7.2 Asia Pacific 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. ASIA PACIFIC OXY FUEL COMBUSTION TECHNOLOGY MARKET ANALYSIS – BY END-USER INDUSTRY

8.1 Overview
8.2 Asia Pacific 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. ASIA PACIFIC OXY FUEL COMBUSTION TECHNOLOGY MARKET – COUNTRY ANALYSIS

9.1 Overview
9.1.1 Asia Pacific Oxy Fuel Combustion Technology Market, by Country
9.1.1.1 Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.1.1 Australia Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.1.2 Australia Oxy Fuel Combustion Technology Market, by End-User
9.1.1.2 China Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.2.1 China Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.2.2 China Oxy Fuel Combustion Technology Market, by End-User
9.1.1.3 India Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.3.1 India Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.3.2 India Oxy Fuel Combustion Technology Market, by End-User
9.1.1.4 Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.4.1 Japan Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.4.2 Japan Oxy Fuel Combustion Technology Market, by End-User
9.1.1.5 South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.5.1 South Korea Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.5.2 South Korea Oxy Fuel Combustion Technology Market, by End-User
9.1.1.6 Rest of Asia Pacific Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 (US$ Mn)
9.1.1.6.1 Rest of Asia Pacific Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.6.2 Rest of Asia Pacific 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 Encon Thermal Engineers Pvt Ltd
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
11.10 ESA SpA
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments

12. APPENDIX

12.1 About the Insight Partners
12.2 Word Index
LIST OF TABLES

Table 1. Asia Pacific Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 3. Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 4. China Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 5. China Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 6. India Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 7. India Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 8. Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 9. Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 10. South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 11. South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 12. Rest of Asia Pacific Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 13. Rest of Asia Pacific Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. Asia Pacific Oxy Fuel Combustion Technology Market Segmentation
Figure 2. Asia Pacific Oxy Fuel Combustion Technology Market Segmentation – By Country
Figure 3. Asia Pacific Oxy Fuel Combustion Technology Market Overview
Figure 4. Asia Pacific Oxy Fuel Combustion Technology Market, By Offerings
Figure 5. Asia Pacific Oxy Fuel Combustion Technology Market, By Country
Figure 6. Asia Pacific – PEST Analysis
Figure 7. Expert Opinion
Figure 8. Asia Pacific Oxy Fuel Combustion Technology Market Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Asia Pacific Oxy Fuel Combustion Technology Market Breakdown by Offerings, 2021 and 2028 (%)
Figure 11. Solution: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Services: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. Asia Pacific Oxy Fuel Combustion Technology Market Breakdown by End-User Industry, 2021 and 2028 (%)
Figure 14. Oil and Gas: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Power Generation: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Manufacturing: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Metal and Mining: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Others: Asia Pacific Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Asia Pacific: Oxy Fuel Combustion Technology Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. Asia Pacific Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028 (%)
Figure 21. Australia Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 22. China Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 23. India Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Japan Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 25. South Korea Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Rest of Asia Pacific Oxy Fuel Combustion Technology Market, Revenue and Forecast To 2028 (US$ Mn)


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