Gas Treatment - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Gas Treatment Market is accounted for $3.54 billion in 2017 and is expected to reach $6.85 billion by 2026 growing at a CAGR of 7.6% during the forecast period. Increasing demand for natural gas, strict air pollution control regulations are some of the factors fueling the market growth. However, insufficient supply and huge cost of specialized raw materials are hampering the market growth.
Based on Application, acid gas removal segment has a significant growth during the forecast period. These gases, in the existence of water, are highly corrosive and can cause premature failure of pipeline, pressure vessels, and valves. Acid gases can also cause catalyst poisoning in refinery vessel and need expensive protective measures. By Geography, Asia Pacific has a highest growth during the forecast period due to it has huge growth potential. The detection of new gas fields in the region is propelling the demand for gas treatment market.
Some of the key players profiled in the Gas Treatment Market include BASF SE, Dowdupont Inc., Huntsman International LLC, Hexion Inc., Varichem International, Ecolab Inc., Clariant International Ltd., Innospec Inc., Berryman Chemicals Inc., Eunisell Chemicals, Advance Petrochemicals Ltd., Akzonobel N.V., Baze Chemical and Exxon Mobil Corporation.
• Acid Gas Removal
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- 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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