Market Overview:
The global sulphur recovery technology market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for sulphur in various applications such as petroleum and coke, natural gas, and others. In addition, the growing awareness about environmental concerns is also propelling the demand for sulphur recovery technology globally. Based on type, the global sulphur recovery technology market can be segmented into Claus process and tail gas treatment. The Claus process segment dominates the global Sulphur Recovery Technology Market with a share of more than 60%. This is due to its ability to recover high-purity sulfur from hydrogen sulfide (H2S) gas streams with low operating costs. Based on application, the Sulphur Recovery Technology Market can be divided into petroleum and coke, natural gas processing plants, fertilizer manufacturing plants, metallurgical industries etc., Among these applications segments; Petroleum & Coke accounted for majority of share in 2017 owing to rising demand for refined products such as gasoline & diesel across globe coupled with stringent environmental regulations by governments across different regions .Regionally Asia Pacific held largest share in 2017 followed by North America owing higher production rates of oil refineries in these regions .
Product Definition:
Sulphur Recovery Technology is a process that is used to remove sulphur from gas streams. This technology is important because it helps to protect the environment by reducing the amount of sulphur that is released into the atmosphere.
Claus Process:
Claus process is a low-temperature thermal cracking process used for the production of sulfur. The key factor that propels the growth of this market includes growing demand for sulfur in various end-use industries such as fertilizers, chemicals, oil & gas and others. Also, increasing government support to promote chemical manufacturing activities globally will further boost market growth over the forecast period.
The global Claus process industry was valued at USD 856 million in 2016.
Claus Process and Tail Gas Treatment:
Claus process is used for the treatment of gas streams which are produced as a by-product during the production of petroleum. The Claus process can be used in various petroleum operations such as oil refining, gas to liquid operation and also for pipeline transport.
The global Sulphur recovery technology market was valued at 6,304.1 kilotons in 2015.
Application Insights:
Petroleum and coke was the largest application segment in 2016, accounting for over 40% of the global market. Petroleum and coke is a complex mixture of organic materials including kerogen, sulfur compounds, metals and other impurities. The presence of sulfur compounds in petroleum products causes corrosion on equipment which necessitates its removal process before they can be processed further into fuels or chemicals.
The Claus Process is used to recover both natural gas as well as petroleum products from their respective contaminated gases (liquids) stage wherein it is required to separate out the various components using various purification techniques such as distillation & adsorption prior to processing them further into valuable commodities such as chemical feedstock or fuel stock respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major oil & gas producing countries such as China, India, Indonesia, Malaysia and Thailand are driving regional growth. In addition, increasing government investments in petroleum exploration activities coupled with rising demand for energy resources is anticipated to drive Asia Pacific market growth over the forecast period.
The Middle East & Africa region is projected to witness significant growth during the same period owing to increasing petroleum production across various countries including Saudi Arabia and Iran. In addition, growing downstream industries across these nations are further expected to contribute towards industry development through new project developments or capacity expansions.
Growth Factors:
- Increasing demand for sulfur from various end-use industries
- Growing environmental concerns and regulations for emissions of sulfur dioxide (SO2) from industrial sources
- Development of new and advanced Sulphur Recovery Technology processes and systems
- Rising prices of sulphur in the global market
- Growing investments by companies in the Sulphur Recovery Technology market
Scope Of The Report
Report Attributes
Report Details
Report Title
Sulphur Recovery Technology Market Research Report
By Type
Claus Process, Claus Process and Tail Gas Treatment
By Application
Petroleum and Coke, Natural Gas, Others
By Companies
Jacobs Engineering Group, Chiyoda Corporation, John Wood Group (Amec Foster Wheeler), Technip FMC, Worley Parsons, Linde AG, Fluor Corporation, KT-Kinetics Technology SpA, GTC Technology US, Heurtey Petrochem, McDermott, Sunway Petrochemical Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Sulphur Recovery Technology Market Report Segments:
The global Sulphur Recovery Technology market is segmented on the basis of:
Types
Claus Process, Claus Process and Tail Gas Treatment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petroleum and Coke, Natural Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jacobs Engineering Group
- Chiyoda Corporation
- John Wood Group (Amec Foster Wheeler)
- Technip FMC
- Worley Parsons
- Linde AG
- Fluor Corporation
- KT-Kinetics Technology SpA
- GTC Technology US
- Heurtey Petrochem
- McDermott
- Sunway Petrochemical Engineering
Highlights of The Sulphur Recovery Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Claus Process
- Claus Process and Tail Gas Treatment
- By Application:
- Petroleum and Coke
- Natural Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sulphur Recovery Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sulphur recovery technology is a process that recovers sulphur from waste streams. Sulphur can be used to create new products or it can be burned off, releasing harmful pollutants into the atmosphere. Sulphur recovery technology uses various methods to extract the sulphur from the waste stream and convert it into usable products.
Some of the key players operating in the sulphur recovery technology market are Jacobs Engineering Group, Chiyoda Corporation, John Wood Group (Amec Foster Wheeler), Technip FMC, Worley Parsons, Linde AG, Fluor Corporation, KT-Kinetics Technology SpA, GTC Technology US, Heurtey Petrochem, McDermott, Sunway Petrochemical Engineering.
The sulphur recovery technology market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sulphur Recovery Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sulphur Recovery Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sulphur Recovery Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sulphur Recovery Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sulphur Recovery Technology Market Size & Forecast, 2020-2028
4.5.1 Sulphur Recovery Technology Market Size and Y-o-Y Growth
4.5.2 Sulphur Recovery Technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Claus Process
5.2.2 Claus Process and Tail Gas Treatment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petroleum and Coke
6.2.2 Natural Gas
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sulphur Recovery Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sulphur Recovery Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Claus Process
9.6.2 Claus Process and Tail Gas Treatment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petroleum and Coke
9.10.2 Natural Gas
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Claus Process
10.6.2 Claus Process and Tail Gas Treatment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petroleum and Coke
10.10.2 Natural Gas
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Claus Process
11.6.2 Claus Process and Tail Gas Treatment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petroleum and Coke
11.10.2 Natural Gas
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Claus Process
12.6.2 Claus Process and Tail Gas Treatment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petroleum and Coke
12.10.2 Natural Gas
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Claus Process
13.6.2 Claus Process and Tail Gas Treatment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petroleum and Coke
13.10.2 Natural Gas
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sulphur Recovery Technology Market: Competitive Dashboard
14.2 Global Sulphur Recovery Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jacobs Engineering Group
14.3.2 Chiyoda Corporation
14.3.3 John Wood Group (Amec Foster Wheeler)
14.3.4 Technip FMC
14.3.5 Worley Parsons
14.3.6 Linde AG
14.3.7 Fluor Corporation
14.3.8 KT-Kinetics Technology SpA
14.3.9 GTC Technology US
14.3.10 Heurtey Petrochem
14.3.11 McDermott
14.3.12 Sunway Petrochemical Engineering
