Gas Treatment Market

Gas Treatment Market Forecasts to 2028 – Global Analysis By Type of Gas (Acid Gas, Synthesis Gas), Application (Dehydration, Acid Gas Removal), End User (Power Plants, Refineries, Metal & Mining), and By Geography

4.6 (48 reviews)
Published: November 2021 ID: SMRC21115
4.6 (48 reviews)
Published: November 2021 ID: SMRC21115

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Gas Treatment Market is accounted for $4.05 billion in 2020 and is expected to reach $6.96 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Increasing demand for natural gas and strict air pollution control regulations are the major factors propelling the market growth. However, insufficient supply and huge cost of specialized raw materials are hampering the market growth.

Gas treatment is the process of quality improvement of gases through which the removal of unwanted components from gases is done. Gas treatment requirement is increasing due to the rise in consumption of natural gases as an energy source in various applications/industries. It removes hydrogen sulphide and carbon dioxide, which makes it safe to use as clean energy sources and compiles with environmental regulators.

Based on application, the acid gas removal segment is estimated to have a lucrative growth due to the increasing awareness of natural gas as a cleaner source for electricity generation in various countries such as China, Malaysia, Indonesia, and India and the increasing adherence to environmental regulations by various industries for air pollution in developed countries.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the large industrial base in the region and increased demand for gas treatment from the oil & gas industry. In addition, several initiatives undertaken by governments of different countries of the region to attract investments from various international companies are expected to propel the growth of the market during the forecast period.

Some of the key players profiled in the Gas Treatment Market include BASF SE, Advance Petrochemicals Ltd, Akzonobel N.V, Baze Chemical, Berryman Chemicals Inc, Clariant International Ltd, Dowdupont Inc, Ecolab Inc, Eunisell Chemicals, Exxon Mobil Corporation, Hexion Inc, Huntsman International LLC, Innospec Inc, and Varichem International.

Types Covered:
• Non-Amines 
• Amines  

Type of Gases Covered:
• Acid Gas
• Synthesis Gas

Applications Covered:
• Dehydration
• Acid Gas Removal

End Users Covered:
• Power Plants
• Refineries
• Metal & Mining
• Oil & Gas
• Pulp & Paper
• Food & Beverages

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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