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South 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)

May 2023 | 97 pages | ID: S3933B23C265EN
The Insight Partners

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The South America oxy fuel combustion technology market is expected to grow from US$ 17.55 million in 2022 to US$ 22.21 million by 2028. It is estimated to grow at a CAGR of 4.0% from 2022 to 2028.

Air Pollution Awareness Programs is Fueling South America Oxy Fuel Combustion Technology Market

Air pollution awareness programs in developed and developing countries have increased over the years to combat the rising climatic changes due to the increasing greenhouse gas emission. WHO and The World Economic Forum are among the international government organizations working on the awareness program. Similarly, various nonprofit private organizations are taking initiatives to educate industries regarding the adverse effect of harmful gases emitted by them in the environment. A few awareness programs have taken in recent years. For instance, BreatheLife, a global campaign, encourages people to act on air pollution to protect human health and the planet. The campaign is led by the WHO, UN Environment Programme (UNEP), and the CCAC. Similarly, The United Nations General Assembly designates the International Day of Clean Air for blue skies. It was held in September 2022 to bring attention to various air pollutants damaging human and environmental health. Thus, the rising initiatives by various organizations are influencing the end-user industries to adopt technologies that will reduce the emission of hazardous gas in the environment, which is expected to boost the growth of the South America oxy fuel combustion technology market in the coming years.

South America Oxy Fuel Combustion Technology Market Overview

A mixed growth scenario characterizes the region, with many countries having complex political and macroeconomic environments. The positive steps taken by governments amid many obstacles are expected to help economies develop at a sustainable pace during the forecast period. Although struggling to increase renewable energy production and usage, Latin America is seeing the emergence of technologies such as carbon capture and storage (CCS) from fossil fuels and wind and solar energy. These technologies is used to capture of CO2 generated by massive industrial plants, they it helps to compress CO2 for transportation, and eventual inject it into deep salt formations, unmendable coal seams, or declining oil fields to prevent its release in the atmosphere. It is also being used by the oil industry to sequester and inject it into mature wells to extract oil or gas, a process known as enhanced oil recovery (EOR). The development and implementation of cutting-edge technologies, along with the rise in concerns of carbon emissions across all sectors, including residential, commercial, and industrial, influenced the adoption of oxy fuel combustion technology systems across South America. Also, various companies are developing CCS technology to cater to the growing emission in the region. For instance, in June 2021, FS announced that they had developed the Bioenergy with Carbon Capture and Storage (BECCS) system. The implementation of this system will help reduce CO2 emissions into the atmosphere and remove CO2 from the environment. Thus, the initiatives by market players for carbon capturing are bolstering the market growth across the region.

South America Oxy Fuel Combustion Technology Market Revenue and Forecast to 2028 (US$ Million)

South America Oxy Fuel Combustion Technology Market Segmentation

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

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

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

Based on country, the South America oxy fuel combustion technology market has been categorized into Brazil and the Rest of South America. Our regional analysis states that Brazil dominated the South America oxy fuel combustion technology market in 2022.

Air Liquide SA, Air Products & Chemicals Inc, Falorni Gianfranco SRL, General Electric Co, Hitachi Ltd, and Linde Plc are the leading companies operating in the South 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. SOUTH AMERICA OXY FUEL COMBUSTION TECHNOLOGY MARKET LANDSCAPE

4.1 Market Overview
4.2 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. SOUTH 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 – SOUTH AMERICA ANALYSIS

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

7. SOUTH AMERICA OXY FUEL COMBUSTION TECHNOLOGY MARKET ANALYSIS – BY OFFERINGS

7.1 Overview
7.2 South 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. SOUTH AMERICA OXY FUEL COMBUSTION TECHNOLOGY MARKET ANALYSIS – BY END-USER INDUSTRY

8.1 Overview
8.2 South 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. SOUTH AMERICA OXY FUEL COMBUSTION TECHNOLOGY MARKET – COUNTRY ANALYSIS

9.1 Overview
9.1.1 South America Oxy Fuel Combustion Technology Market, by Country
9.1.1.1 Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.1.1 Brazil Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.1.2 Brazil Oxy Fuel Combustion Technology Market, by End-User Industry
9.1.1.2 Rest of South America Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028
9.1.1.2.1 Rest of South America Oxy Fuel Combustion Technology Market, by Offerings
9.1.1.2.2 Rest of South America 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 Hitachi Ltd
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 Linde Plc
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 Air Liquide SA
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 Air Products & Chemicals Inc
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

12. APPENDIX

12.1 About the Insight Partners
12.2 Word Index
LIST OF TABLES

Table 1. South America Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 3. Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 4. Rest of South America Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By Offerings (US$ Mn)
Table 5. Rest of South America Oxy Fuel Combustion Technology Market, Revenue and Forecast to 2028 – By End-User Industry (US$ Mn)
Table 6. List of Abbreviation

LIST OF FIGURES

Figure 1. South America Oxy Fuel Combustion Technology Market Segmentation
Figure 2. South America Oxy Fuel Combustion Technology Market Segmentation – By Country
Figure 3. South America Oxy Fuel Combustion Technology Market Overview
Figure 4. South America Oxy Fuel Combustion Technology Market, By Offerings
Figure 5. South America Oxy Fuel Combustion Technology Market, By Country
Figure 6. South America – PEST Analysis
Figure 7. Expert Opinion
Figure 8. South America Oxy Fuel Combustion Technology Market Impact Analysis of Drivers and Restraints
Figure 9. South America Oxy Fuel Combustion Technology Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. South America Oxy Fuel Combustion Technology Market Breakdown by Offerings, 2021 and 2028 (%)
Figure 11. Solution: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Services: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. South America Oxy Fuel Combustion Technology Market Breakdown by End-User Industry, 2021 and 2028 (%)
Figure 14. Oil and Gas: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Power Generation: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Manufacturing: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Metal and Mining: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Others: South America Oxy Fuel Combustion Technology Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. South America: Oxy Fuel Combustion Technology Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. South America Oxy Fuel Combustion Technology Market, by Country, 2021 & 2028 (%)
Figure 21. Brazil Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 22. Rest of South America Oxy Fuel Combustion Technology Market, Revenue and Forecast, 2018–2028 (US$ Mn)


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