Power Recovery Expanders Market Scope
Power Recovery Expanders is a turbine technology, it converts high temperature, low pressure flue gas energy into usable power. It is used to drive compressors or generators in refinery fluid catalytic cracking service. In this market Asia Pacific region is having largest market share, because of high investment by manufacturers all over the world.
The market study is being classified by Type (FCC, Compressed Air Energy Storage and Others), by Application (Refinery, Oil & Gas and Others) and major geographies with country level break-up.
In This Market Major Players Are Focus On The Development Of The Industries By Upstream & Downstream, Overall Development Of Product Offerings And Also Companies Are Focusing On The Organic And Inorganic Growth Strategies By Launching New Products And Improving Product Offerings. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Power Recovery Expanders market throughout the predicted period.
Elliott Group (United States), Dresser-Rand Group (United States), GE (United States), IPIECA (England), IMI Critical (England), Heliex Power (Scotland), Star Rotor (United States), Calnetix (United States), Helidyne Power (United States) and Aerco (United States) are some of the key players profiled in the study.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Power Recovery Expanders market by Type, Application and Region.
On the basis of geography, the market of Power Recovery Expanders has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Drivers
- Increasing Use of Compressors or Generators
- Increasing Technology Adoption
Opportunities
- Market Has Strong Growth Opportunities in Asia Pacific Region, Due To High Presence of Oil & Gas Industry
Challenges
- High Temperatures, Gas Volume, and the Continuous Flow of Very Hard and Potentially Erosive Catalyst Particles Entrained In the Gas Stream Require Special Design Considerations
Key Target Audience
Government Bodies, Transportation Industry, Healthcare Industry, Oil and Gas Industry and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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