Global Gas Treatment Market, By Type (Amines and Non-Amines), Type of Gas (Acid Gas and Synthesis Gas), Treatment (Acid Gas Removal, Dehydration, and Others), Technology (OASE , Flexsorb, ADIP, UOP, SPREX, and Others), Industry (Power Plants, Refineries, Sugar, Metal and Mining, Oil and Gas, Pulp and Paper, Food and Beverages, and Others) - Industry Trends and Forecast to 2031.
Gas Treatment Market Analysis and Size
The gas treatment market encompasses various processes to purify natural gas for commercial and industrial use. Acid gas removal involves extracting sulfur compounds such as hydrogen sulfide, crucial for environmental compliance. Dehydration removes water vapor to prevent corrosion and pipeline blockages. For instance, amine-based systems are commonly used for acid gas removal, while glycol dehydration units are prevalent for water vapor removal in natural gas processing plants.
Data Bridge Market Research analyses that the global gas treatment market which was USD 59,04,478.09 thousand in 2023, is expected to reach USD 87,90,290.83 thousand by 2031, growing at a CAGR of 5.1% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Gas Treatment Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2024 to 2031 |
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Base Year |
2023 |
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Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Thousand, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Amines and Non-Amines), Type of Gas (Acid Gas and Synthesis Gas), Treatment (Acid Gas Removal, Dehydration, and Others), Technology (OASE , Flexsorb, ADIP, UOP, SPREX, and Others), Industry (Power Plants, Refineries, Sugar, Metal and Mining, Oil and Gas, Pulp and Paper, Food and Beverages, and Others) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA). |
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Market Players Covered |
BASF SE (Germany), Dow (U.S.), Exxon Mobil Corporation (U.S.), Shell International B.V. (Netherlands), Honeywell International Inc. (U.S.), INEOS (U.K.), Eastman Chemical Company (U.S.), CLARIANT (Switzerland), Ecolab (U.S.), Huntsman International LLC (U.S.), Cabot Corporation (U.S.), Lhoist Group (Belgium), Axens (France), BERRYMAN CHEMICAL (U.S.), John Wood Group PLC (U.K.), Eunisell Chemicals (Nigeria) |
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Market Opportunities |
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Market Definition
Gas treatment refers to the process of purifying raw gases, such as natural gas or biogas, to remove impurities and contaminants. This typically involves the removal of sulfur compounds, carbon dioxide, water vapor, and other pollutants to meet quality standards for safe usage, transportation, or storage in various industrial applications.
Global Gas Treatment Market Dynamics
Drivers
- Urbanization Increases Demand for Clean Air Solutions
With rising pollution levels in cities, industries seek advanced technologies for emission control. Gas treatment solutions such as scrubbers, catalytic converters, and electrostatic precipitators become indispensable for reducing harmful pollutants. As urban populations grow, the demand for effective gas treatment technologies surges to mitigate air quality issues and ensure healthier living environments.
- Rising Awareness of Health Hazards from Pollutants
Growing awareness of health risks associated with pollutants fuels the expansion of the gas treatment market. Communities are increasingly concerned about the harmful effects of air pollutants on respiratory health and overall well-being. This heightened awareness drives industries to invest in gas treatment technologies such as particulate filters, scrubbers, and catalytic converters to minimize emissions and safeguard public health.
Opportunities
- Technological Advancements Lead to Innovative Gas Treatment
Technological advancements in gas treatment drive innovation, enhancing efficiency and effectiveness in pollutant removal. This fuels growth in the gas treatment market, as industries seek more sustainable solutions to meet stringent environmental regulations. With ongoing research and development, there's an opportunity for companies to capitalize on emerging technologies, addressing evolving needs and offering competitive advantages in the rapidly expanding market for cleaner energy solutions.
- Expansion of Oil and Gas Exploration Activities Creates Demand
The expansion of oil and gas exploration activities drives the growth of the gas treatment market. As exploration expands into new frontiers, the need for efficient gas treatment solutions to purify extracted gases increases. This presents an opportunity for companies specializing in gas treatment technologies to develop innovative solutions to meet the growing demand, ensuring environmental compliance and enhancing the efficiency of extraction operations
Restraints/Challenges
- Uncertainty in Government Policies Affects Market Predictability
The uncertainty in government policies can lead to delays in investment decisions and implementation of gas treatment projects. Industries may hesitate to commit to long-term strategies or large-scale projects due to the unpredictability of regulatory frameworks, resulting in slower market growth. Moreover, inconsistent policies may create ambiguity, hindering businesses from accurately forecasting market trends and making informed decisions.
- High Initial Investment Costs Deter Adoption
High initial investment costs pose a challenge to the adoption of gas treatment technologies. This challenge can limit the uptake of advanced gas treatment solutions, particularly by small and medium-sized enterprises. As a result, market growth may be hindered, as businesses may opt for cheaper, less efficient alternatives or delay investments in gas treatment infrastructure. This could slow down the overall expansion of the gas treatment market.
This global gas treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global gas treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2021, Shell's investment in an 820,000-tonnes-a-year biofuels facility in Rotterdam reflects a strategic move towards sustainable aviation fuel (SAF) and renewable diesel production from waste. This development underscores the gas treatment market's evolution to support emissions reduction and meet the rising demand for eco-friendly fuel alternatives
- In 2021, Exxon Mobil Corporation's initiative to expand carbon capture and storage (CCS) at its LaBarge, Wyoming facility highlights the growing emphasis on emissions reduction. By capturing up to 1 million metric tons of CO2 annually, this project demonstrates the gas treatment market's role in advancing technologies to mitigate environmental impact and promote sustainability
- In 2020, Ovivo's acquisition of ALAR, a wastewater treatment chemicals and systems provider, broadened its product offerings and market presence. While focusing on wastewater treatment, this development underscores the broader trend of companies expanding their solutions portfolio, indicating potential synergies and advancements in the gas treatment market to address diverse environmental challenges
Global Gas Treatment Market Scope
The global gas treatment market is segmented on the basis of type, type of gas, treatment, technology, and industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Amines
- Tertiary Amine
- Primary Amine
- Secondary Amine
- Non-Amines
- Triazine
- Glycols
- Others
Type of Gas
- Acid Gas
- Synthesis Gas
Treatment
- Acid Gas Removal
- Dehydration
- Others
Technology
- OASE
- Flexsorb
- ADIP
- UOP
- SPREX
- Others
Industry
- Power Plants
- Refineries
- Sugar
- Metal and Mining
- Oil and Gas
- Pulp and Paper
- Food and Beverages
- Others
Global Gas Treatment Market Regional Analysis/Insights
The global gas treatment market is analysed and market size insights and trends are provided by type, type of gas, treatment, technology, and industry as referenced above.
The countries covered in the global gas treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
In North America, particularly the U.S., the gas treatment market is expected to dominate the market, driven by the region's advanced production capabilities for electronics and supportive government initiatives. This dominance stems from efficient production processes and increasing emphasis on environmental regulations and sustainability efforts.
In the Asia-Pacific region, China is expected to lead the gas treatment market, propelled by the increasing utilization of natural gas for electricity generation. As a cleaner energy source gains prominence, China's dominance reflects its significant role in driving regional energy transition and environmental sustainability initiatives.
In Europe, Germany is expected to lead the gas treatment market, driven by advancements in treatment technology within the oil and gas sector. With a focus on innovation and efficiency, Germany's dominance signifies its role as a hub for technological development, driving the region's progress in gas treatment solutions.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Gas Treatment Market Share Analysis
The global gas treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global gas treatment market.
Some of the major players operating in the global gas treatment market are:
- BASF SE (Germany)
- Dow (U.S.)
- Exxon Mobil Corporation (U.S.)
- Shell International B.V. (Netherlands)
- Honeywell International Inc. (U.S.)
- INEOS (U.K.)
- Eastman Chemical Company (U.S.)
- CLARIANT (Switzerland)
- Ecolab (U.S.)
- Huntsman International LLC (U.S.)
- Cabot Corporation (U.S.)
- Lhoist Group (Belgium)
- Axens (France)
- BERRYMAN CHEMICAL (U.S.)
- John Wood Group PLC (U.K.)
- Eunisell Chemicals (Nigeria)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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