According to a recent market study published by Growth Market Reports, titled, “Thermal Oxidizers Market by Product, by Inlet Volume (SCFM), by End Use Industry, and by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 12,498.5 Million in 2022 and is anticipated to grow at a growth rate of 7.9% by the year 2031.

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Thermal oxidizers, a vital component in environmental engineering, represent an innovative synergy between thermodynamics and pollution abatement. These advanced devices play a crucial role in mitigating air pollution by utilizing the principles of high-temperature combustion and oxidation. A thermal oxidizer is a pollution control technology designed to neutralize harmful pollutants emitted from industrial processes. It operates on the principle of thermal decomposition, where contaminants in exhaust gases are subjected to elevated temperatures, resulting in their transformation into less harmful by products. Its fundamental objective is to convert volatile organic compounds (VOCs), hazardous air pollutants (HAPs), and other noxious substances into carbon dioxide and water vapor through a controlled combustion process.

The Thermal Oxidizers Market has been fragmented based on by Product, by Inlet Volume (SCFM), and by End Use Industry. On the basis by Product, the Thermal Oxidizers market is divided into Direct Fired Thermal Oxidizers (DFTO), Recuperative Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), and Regenerative Catalytic Oxidizers (RCO). On the basis of By Inlet Volume (SCFM), the Thermal Oxidizers market is divided into Less than 10000, 10000-20000, and Above 20000. On the basis of By End Use Industry, Thermal Oxidizers market is divided into Chemical, Automotive, Electronic & Semiconductor, Food & Beverages, Pharmaceutical, Others. Based on the region, market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Key factors that are anticipated to fuel the demand for Thermal Oxidizers Market during the forecast period are Environmental Regulations, Rising Need for Industrial Emission Control and Focus on Energy Efficiency. Governments across the globe are increasingly enacting and reinforcing stringent air quality standards, imposing strict emission limits on industries to mitigate the impact of harmful pollutants. For instance, the United States Environmental Protection Agency (EPA) enforces regulations such as the Maximum Achievable Control Technology (MACT) standards, setting rigorous emission limits for various industries. This regulatory landscape compels businesses to adopt advanced pollution control technologies such as thermal oxidizers to achieve compliance and avoid legal repercussions.

The outbreak of Coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic hindered the Thermal Oxidizers market, owing to severe disruptions in businesses and the supply chain. The global economy was hampered by the potential effects of the prolonged conflict between Russia & Ukraine, uncertainty in Eastern Europe, and the COVID-19 pandemic. Manufacturing of Thermal Oxidizers ceased during the pandemic, due to several restrictions and the closure of manufacturing sites. The outbreak of COVID-19 affected the production, demand, and supply chains, which are critical areas of the manufacturing cycles and procedures. Manufacturers faced various issues during the pandemic.

As per Growth Market Reports industry analyst Partha Paul, “Industries globally face a growing obligation to control and mitigate emissions generated during various manufacturing processes. Thermal oxidizers, with their efficacy in eliminating volatile organic compounds (VOCs) and hazardous air pollutants (HAPs), emerge as indispensable solutions for industries striving to align with emission control needs. This has led to a substantial increase in the adoption of thermal oxidizers across diverse industries such as chemical manufacturing, automotive, and pharmaceuticals”.

A supply chain is a network between a company and its suppliers to manufacture and distribute particular products to the final buyers. This network includes different activities, information, entities, people, and resources. The key raw material used for manufacturing thermal oxidizers are high-temperature-resistant alloys, ceramics, control systems, and burners. These are then shipped to manufacturers to be processed into final products. The manufacturing process includes the integration of advanced technologies for emission control and energy recovery. Manufacturers must adhere to safety standards and certifications to ensure the reliability and effectiveness of thermal oxidizers. Distribution channels include direct sales, partnerships with environmental engineering firms, or collaborations with industrial equipment distributors. Efficient logistics management is critical to ensuring timely delivery and minimizing transportation costs. As these systems can be large and complex, proper handling during transportation is essential to prevent damage. After this the last part of the supply chain consists of Installation and Integration Services.

Key Takeaways from the Study:

  • The players in the Thermal Oxidizers Market include Anguil Environmental Systems, Inc., Babcock Wanson, Catalytic Combustion, Catalytic Products International, Cimarron Energy, Inc., Durr Group, Epcon Industrial Systems, LP, FIVES, Gasco Pty Ltd, Honeywell International Inc., KRANTZ, Pollution Systems, Procesni In┼żeniring doo, Spooner Industries, TANN Corporation and The CMM Group held a significant market share of the Thermal Oxidizers Market in the year 2022.

  • Based on Product, the Thermal Oxidizers Market is categorized into Direct Fired Thermal Oxidizers (DFTO), Recuperative Thermal Oxidizer, Regenerative Thermal Oxidizer (RTO), and Regenerative Catalytic Oxidizers (RCO). The Regenerative Thermal Oxidizer (RTO) segment held significant market share in 2022. It uses ceramic heat exchange media rather than a stainless-steel air-to-air heat exchanger. It works by using heat to convert these emissions into carbon dioxide (CO2) and water (H2O), which are then exhausted into the atmosphere. RTOs are a popular and well-established form of air pollution control equipment that is widely utilized in a variety of sectors to comply with environmental requirements and enhance air quality.

  • Based on Inlet Volume (SCFM), the Thermal Oxidizers Market is categorized into less than 10000, 10000-20000, and above 20000. The Above 20000 segment held substantial market share in 2022 owing high strict watch on large size industries for emission control from government authorities. The modular nature of these systems facilitates efficient installation and future modifications, providing a sustainable solution for evolving industrial needs.

  • Based on End Use Industry, the Thermal Oxidizers Market is categorized into Chemical, Automotive, Electronic & Semiconductor, Food & Beverages, Pharmaceutical, and Others. The chemicals segment held considerable market share in 2022. This attributed to the increasing emissions of VoCs from chemical industry.

  • In terms of regions, the Thermal Oxidizers Market markets are divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific held noteworthy market share in 2022. The Asia Pacific market for thermal oxidizers showcases steady growth, due to the presence of the manufacturing in the region. APAC is the world's leading manufacturing hub, accounting for a significant portion of global manufacturing output. Countries like China, Japan, South Korea, and India are major players. The APAC manufacturing sector is experiencing continued growth, driven by factors like rising domestic demand in many East Asian economies and India, recovering key sectors like electronics and focus on smart manufacturing with automation and technology integration,

Report Scope:

Report Metric

Details

Market Value in 2022

US$ 12,498.5 Million

Market Growth Rate (from 2023 to 2031)

 7.9%

Historical Data

2016 – 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (US$ Million)

Market Segments

By Product, By Inlet Volume (SCFM), By End Use Industry, And By Region

Key Companies Profiled

Anguil Environmental Systems, Inc., Babcock Wanson, Catalytic Combustion, Catalytic Products International, Cimarron Energy, Inc., Durr Group, Epcon Industrial Systems, LP, FIVES, Gasco Pty Ltd, Honeywell International Inc., KRANTZ, Pollution Systems, Procesni In┼żeniring doo, Spooner Industries, TANN Corporation and The CMM Group

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Manufacturer and distributors.

  • Demand Side: Polymer and Resin Manufacturing, Oil and Gas Sector, Food Industry, Chemical Processing, Waste Management, and Others.

  • Regulatory Side: Concerned government authorities, and other approval regulatory bodies.

  • Associations and Industry Bodies:  United States Environmental Protection Agency and Indian Pollution Control Boards focus on the emissions control.