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Sulfur Recovery Technology Market

Sulfur Recovery Technology Market Forecasts to 2028 – Global Analysis By Application (Sulfur Mining, Petroleum and Coke, Coal Gasification, Refineries, Gas Processing Plants , Power Plants) and By Geography

4.6 (47 reviews)
Published: October 2021 ID: SMRC21089
4.6 (47 reviews)
Published: October 2021 ID: SMRC21089

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

According to Stratistics MRC, the Global Sulfur Recovery Technology Market is accounted for $1.08 billion in 2020 and is expected to reach $2.87 billion by 2028 growing at a CAGR of 13.0% during the forecast period. Factors such as increasing production of shale gas and growing environmental awareness are driving the growth of the market. However, decreasing demand from developing nations is hampering the growth of the market.

Sulphur recovery technology is used for the conversion of hydrogen sulphide to elemental sulphur. Hydrogen sulphide is the main by-product of processing high sulphur crude oils and natural gas.

Based on the application, the refineries segment is anticipated to expand at a rapid pace during the forecast period due to the rising consumption of oil and strict rules for reducing sulfur emissions. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the presence of large hydrocarbon reserves in various parts of the region.

Some of the key players profiled in the Sulfur Recovery Technology Market include Royal Dutch Shell Plc, Exxon Mobil, Bechtel Corporation, Linde AG, Jacobs Engineering Group Inc, Air Liquide S.A., GTC Technology, Technip FMC plc CB&I, KT-Kinetics Technology SpA., Chiyoda Corporation, Worley Parsons Ltd, Fluor Corporation, Enersul Limited Partnership, Sulfur Recovery Engineering Inc., and Ortloff Engineers, Ltd. 

Capacities Covered:
• <100 t/D
• 101-200 t/D
• 201-300 t/D
• >300 t/D

Sources of Recovery Covered:
• Gas
• Oil   

Technologies Covered:
• Tail Gas Treatment
• Claus Process

Applications Covered:
• Sulfur Mining
• Petroleum and Coke
• Coal Gasification
• Refineries
• Gas Processing Plants
• Power Plants

Sales Channels Covered:
• Direct Sales
• Distributors

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 UAE
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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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