Flare Tips Market By Product Type (Open Pipe Flare Tips, Air Assisted Flare Tips, Coanda Flare Tips, Others), By Application (Flare Tip Replacement, Newbuilt for Onshore, Newbuilt for Offshore), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026

Machinery & Equipment Syndicate Market Research Pages: 127 Report ID: 14153

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Key Industry Insights

The report covers forecast and analysis for the flare tips market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the flare tips market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the flare tips market on a global as well as regional level.

The global flare tips market was estimated at XX (USD Million) in 2020 and is projected to be valued at XX (USD Million) by 2026 at a CAGR of XX%.

Market Key Trends Analysis

The report also provides an in-depth analysis of different drivers, restraints and opportunities in the flare tips Market. Key drivers are discussed in the report, along with its impact on the growth of this industry during the historic period as well as throughout the forecast years.

The report will also help all the prospective readers to identify major restraining factors for the industry participants. As well, major growth opportunities prevailing in the industry will help understand the rapidly changing dynamics of industry and plan for the future strategies accordingly.

Market Strategic Analysis 

Also, the report covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the flare tips market on a global and regional basis.

To give the users of this report a comprehensive view on the flare tips market competitive landscape and analysis of Porter’s Five Forces model for the market are included in the report. The study encompasses market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.

Market Key Segment Analysis

The study provides a crucial view on the flare tips by segmenting the market based on product type, application, and region. All the segments of flare tips market have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. This report will identify dominating sub-segments in terms of revenue contribution for the base year as well as during the forecast period. The fastest-growing sub-segments with its major growth driving factors are also presented in the report.

Based on Product Type, global flare tips market is bifurcated into Open Pipe Flare Tips, Air Assisted Flare Tips, Coanda Flare Tips, Others. Detailed qualitative as well as quantitative product type segment analysis will be provided in the report from 2016 to 2026.

Based on Application market is segmented into Flare Tip Replacement, Newbuilt for Onshore, Newbuilt for Offshore. Trend analysis amongst the application will be provided in detail.

The market has huge growth prospects and this will help industry players with different potential opportunities to explore the market. The segment analysis will help in determining how each segment will influence the market growth in the coming years will be displayed in the report.

Market Regional Trends and Market Player’s Analysis

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Wherein, North America dominated the global flare tips market in 2019. Asia Pacific region will be a rapidly growing market for flare tips. On the other hand, Latin America will experience moderate growth in the coming years. The Middle East and Africa will register slower growth in the years to come.

Flare Tips Market Size By Region

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The report provides company market share analysis to give a broader overview of the key players in the flare tips market. Major players in flare tips market are UOP (Honeywell), Fives ITAS, Zeeco, GBA Flare Systems, BUTTING Group, AEREON, INMA Steel, Argo Flare, Samia Italia Srl, PREMATECNICA, Flare Products Limited, SPG Steiner Group, among others.

Scope of the report

Attribute Details
Base year for estimation 2019
Actual estimates/Historical data 2016 - 2018
Forecast period 2020 - 2026
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Regional scope North America, Europe, Asia Pacific, Central & South America, and MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

The report segment of the global flare tips market as follows:

Global Flare Tips Market: By Product Type

  • Open Pipe Flare Tips
  • Air Assisted Flare Tips
  • Coanda Flare Tips
  • Others
Global Flare Tips Market: By Application
  • Flare Tip Replacement
  • Newbuilt for Onshore
  • Newbuilt for Offshore
Global Flare Tips Market: By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China 
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Key Highlights & Touch Points of the Global Flare Tips Market for the Forecast Years 2020-2026:

  •     CAGR of the market during the forecast period of 2020-2026
  •     Extensive information on factors that will amplify the growth of the flare tips market over the upcoming seven years
  •     Accurate estimation of the global flare tips market size 
  •     Exact estimations of the upcoming trends and changes observed in the consumer behavior
  •     Growth of the global flare tips industry across the North & South America, EMEA, Asia Pacific, and Latin America
  •     Information about flare tips market growth potential
  •     In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
  •     Furnishing of detailed information on the factors that will restrain the growth of the flare tips manufacturers

Frequently Asked Questions

These players adopted different strategies so as to hold major market share in this market. Some of the major players in Flare Tips industry includes.

  • UOP (Honeywell)
  • Fives ITAS
  • Zeeco
  • GBA Flare Systems
  • BUTTING Group
  • AEREON
  • INMA Steel
  • Argo Flare
  • Samia Italia Srl
  • PREMATECNICA
  • Flare Products Limited
  • SPG Steiner Group

Based on the Flare Tips market analysis, North America is predicted to held the highest share in the Flare Tips market during the forecast period.

The statistical data of the top market players of Flare Tips industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Flare Tips industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

The study offers a decisive view on the Flare Tips by segmenting the market based on Product Type, Application, and region.

The report gives a nitty-gritty assessment of the market by featuring data on various viewpoints that incorporate drivers, restraints, opportunities, and threats. This data can assist stakeholders in making suitable decisions before investing.

The sample for Flare Tips market report can be received on-demand from the website as and when required.Direct call services or 24*7 chat support are provided to procure the sample report.

  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Flare Tips Market, 2016-2026 (USD Million)
    2. Flare Tips Market: Snapshot
  3. Flare Tips - Industry Analysis
    1. Flare Tips: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Flare Tips Market - Competitive Landscape
    1. Company market share analysis
      1. Global Flare Tips Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Flare Tips Market -Product Type Analysis
    1. Global Flare Tips Market overview: By Product Type
      1. Global Flare Tips Market share, By Product Type,2019 and 2026
    2. Open Pipe Flare Tips
      1. Global Flare Tips Market by Open Pipe Flare Tips, 2016-2026 (USD Million)
    3. Air Assisted Flare Tips
      1. Global Flare Tips Market by Air Assisted Flare Tips, 2016-2026 (USD Million)
    4. Coanda Flare Tips
      1. Global Flare Tips Market by Coanda Flare Tips, 2016-2026 (USD Million)
    5. Others
      1. Global Flare Tips Market by Others, 2016-2026 (USD Million)
  6. Global Flare Tips Market -Application Analysis
    1. Global Flare Tips Market overview: By Application
      1. Global Flare Tips Market share, By Application,2019 and 2026
    2. Flare Tip Replacement
      1. Global Flare Tips Market by Flare Tip Replacement, 2016-2026 (USD Million)
    3. Newbuilt for Onshore
      1. Global Flare Tips Market by Newbuilt for Onshore, 2016-2026 (USD Million)
    4. Newbuilt for Offshore
      1. Global Flare Tips Market by Newbuilt for Offshore, 2016-2026 (USD Million)
  7. Global Flare Tips Market - Regional Analysis
    1. Global Flare Tips Market overview: by Region
      1. Global Flare Tips Market share, by Region, 2019 and 2026
    2. North America
      1. North America Flare Tips Market, 2016-2026 (USD Million)
      1. North America Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      1. North America Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      1. U.S. Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      2. U.S. Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      3. Canada Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Canada Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      5. Mexico Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Mexico Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
    3. Europe
      1. Europe Flare Tips Market, 2016-2026 (USD Million)
      1. Europe Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Europe Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      1. UK Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      2. UK Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      3. Germany Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Germany Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      5. France Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      6. France Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      7. Italy Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Italy Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      9. Spain Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Spain Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      11. Netherlands Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      12. Netherlands Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Europe Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Europe Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Flare Tips Market, 2016-2026 (USD Million)
      1. Asia Pacific Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Asia Pacific Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      1. China Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      2. China Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      3. Japan Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Japan Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      5. India Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      6. India Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      7. Australia Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Australia Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      9. South East Asia Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      10. South East Asia Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      11. South Korea Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      12. South Korea Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Asia Pacific Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Asia Pacific Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Flare Tips Market, 2016-2026 (USD Million)
      1. Latin America Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Latin America Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      1. Brazil Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      2. Brazil Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      3. Argentina Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Argentina Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      5. Chile Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Chile Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Latin America Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Rest of Latin America Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Flare Tips Market, 2016-2026 (USD Million)
      1. Middle East & Africa Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Middle East & Africa Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      1. GCC Countries Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      2. GCC Countries Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      3. Nigeria Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Nigeria Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      5. South Africa Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      6. South Africa Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Middle East & Africa Flare Tips Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Rest of Middle East & Africa Flare Tips Market revenue, By Application, 2016-2026 (USD Million)
  8. Company Profiles
    1. UOP (Honeywell)
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. Fives ITAS
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. Zeeco
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. GBA Flare Systems
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. BUTTING Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. AEREON
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. INMA Steel
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. Argo Flare
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. Samia Italia Srl
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. PREMATECNICA
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    11. Flare Products Limited
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    12. SPG Steiner Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Flare Tips Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Flare Tips Market attractiveness, By Product Type
  6. Global Flare Tips Market attractiveness, By Application
  7. Global Flare Tips market share, By Product Type, 2019 and 2026
  8. Global Flare Tips Market by Open Pipe Flare Tips, 2016-2026 (USD Million)
  9. Global Flare Tips Market by Air Assisted Flare Tips, 2016-2026 (USD Million)
  10. Global Flare Tips Market by Coanda Flare Tips, 2016-2026 (USD Million)
  11. Global Flare Tips Market by Others, 2016-2026 (USD Million)
  12. Global Flare Tips market share, By Application, 2019 and 2026
  13. Global Flare Tips Market by Flare Tip Replacement, 2016-2026 (USD Million)
  14. Global Flare Tips Market by Newbuilt for Onshore, 2016-2026 (USD Million)
  15. Global Flare Tips Market by Newbuilt for Offshore, 2016-2026 (USD Million)
  16. Global Flare Tips Market share, by Region, 2019 and 2026
  17. North America Flare Tips Market, 2016-2026 (USD Million)
  18. Europe Flare Tips Market, 2016-2026 (USD Million)
  19. Asia Pacific Flare Tips Market, 2016-2026 (USD Million)
  20. Latin America Flare Tips Market, 2016-2026 (USD Million)
  21. Middle East & Africa Flare Tips Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Flare Tips Market: snapshot
  2. Drivers of the Flare Tips Market: impact analysis
  3. Restraints of the Flare Tips Market: impact analysis
  4. North America Flare Tips Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Flare Tips Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Flare Tips Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Flare Tips Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Flare Tips Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Flare Tips Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Flare Tips Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Flare Tips Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Flare Tips Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Flare Tips Market revenue, By Application,2016-2026 (USD Million)
  • UOP (Honeywell)
  • Fives ITAS
  • Zeeco
  • GBA Flare Systems
  • BUTTING Group
  • AEREON
  • INMA Steel
  • Argo Flare
  • Samia Italia Srl
  • PREMATECNICA
  • Flare Products Limited
  • SPG Steiner Group

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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