Flare Gas Recovery System Market To Reach $3,162.1 Million By 2030

Flare Gas Recovery System Market Growth & Trends

The global flare gas recovery system market size is anticipated to reach USD 3,162.1 million by 2030 and is projected to grow at a CAGR of 5.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing growth driven by rising environmental awareness and stricter regulatory frameworks. In many countries, industries are facing increased pressure to cut emissions, and flare gas recovery systems offer an effective solution to reduce methane and other harmful gases released during flaring. For example, oil and gas companies operating in regions like the Middle East are under heightened scrutiny to curb gas flaring and seek cost-effective alternatives. This has led to a growing adoption of flare gas recovery systems to both meet regulations and improve resource utilization.

Stronger environmental regulations are a key factor propelling the demand for flare gas recovery technologies. Governments around the world are implementing more stringent emission reduction targets, making it more costly to simply flare gas. For instance, in Norway, where methane emissions are closely regulated, companies like Equinor have invested in advanced flare gas recovery systems to meet national climate goals while reducing waste. As these regulations continue to evolve, more industries are expected to adopt flare gas recovery systems to avoid penalties and optimize operational efficiency.

Recent advancements in flare gas recovery technology have significantly improved the efficiency and scalability of these systems. Innovations such as modular design and enhanced gas compression units have made it easier for industries to integrate recovery solutions into both new and existing infrastructures. For example, in the U.S., ExxonMobil has implemented a flare gas recovery system in several of its refineries, utilizing cutting-edge gas recovery compressors and control systems to capture and repurpose flared gas for energy generation, reducing both emissions and energy costs.

The flare gas recovery system market is set for continued growth, especially as industries explore more sustainable practices and the world transitions to cleaner energy. The technology is expected to see broader adoption in emerging markets, where flare gas is often seen as an untapped resource. For instance, in regions like Sub-Saharan Africa, countries with abundant oil reserves but limited infrastructure are increasingly turning to flare gas recovery as a means of reducing waste and improving energy access. With growing emphasis on circular economies and sustainability, flare gas recovery is anticipated to become a critical component of global energy strategies.

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Flare Gas Recovery System Market Report Highlights

• Based on technology, the compressor-based systems technology segment led the market in 2024 as these systems significantly reduce emissions while maximizing the value of otherwise wasted gas.

• Based on pressure, the 6 to 10 bar pressure segment led the market in 2024 as these enhances gas capture efficiency, enabling the compression of flared gas for use in power generation or reinjection.

• Based on flow rate, the 6 TO 10 MMSCFD flow rate segment led the market in 2024 as these allow for scalable solutions that meet the needs of medium-sized operations while reducing emissions and waste.

• Based on installation location, the onshore installation location segment led the market in 2024 as it offers greater accessibility and cost-effectiveness, offering easier maintenance and integration with existing infrastructure.

• Based on end use, the oil & gas end use segment led the market in 2024 as these drive sustainability by capturing and repurposing otherwise wasted gas, reducing emissions, and boosting energy efficiency.

• North America dominated the market in 2024 and is driven by stringent environmental regulations and the push for sustainable energy practices in the oil & gas sector.

Flare Gas Recovery System Market Report Segmentation

Grand View Research, Inc. has segmented the flare gas recovery system market based on technology, pressure, flow rate, end use, installation location, and region.

Flare Gas Recovery System Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Compressor-Based Systems

• Ejector-Based Systems

Flare Gas Recovery System Pressure Outlook (Revenue, USD Million, 2018 - 2030)

• Upto 5 Bar

• 6 to 10 Bar

• 11 to 15 Bar

• 16 to 20 Bar

• Above 20 Bar

Flare Gas Recovery System Flow Rate Outlook (Revenue, USD Million, 2018 - 2030)

• Upto 2 MMSCFD

• 3 to 5 MMSCFD

• 6 TO 10 MMSCFD

• 11 TO 20 MMSCFD

• 21 to 50 MMSCFD

Flare Gas Recovery System End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Oil & Gas

• Petrochemical & Chemical

• Power Generation

• Others

Flare Gas Recovery System Installation Location Outlook (Revenue, USD Million, 2018 - 2030)

• Onshore

• Offshore

Flare Gas Recovery System Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • Russia

  • Norway

  • Italy

  • UK

• Asia Pacific

  • China

  • India

  • Indonesia

  • Indonesia

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • UAE

  • Qatar

List of Key Players in the Flare Gas Recovery System Market

• Zeeco, Inc.

• AERZEN 

• Gardner Denver

• John Zink Hamworthy

• Honeywell International Inc.

• Wärtsilä

• SoEnergy

• Aerzen 

• K. LUND Offshore

• Koch Industries, Inc.

• Ingersoll Rand

• MAN Energy Solutions SE

• Transvac Systems Limited

• Sunpower Technology (Jiangsu) Co., Ltd