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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1529529

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1529529

Gas Treatment Market, By Gas Type (Amines, Glycol Dehydration, Triazine, and Others), By Application (Acid gas removal, Dehydration, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

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The global gas treatment market is estimated to be valued at USD 5.21 Bn in 2024 and is expected to reach USD 7.63 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

Report Coverage Report Details
Base Year: 2023 Market Size in 2024: US$ 5.21 Bn
Historical Data for: 2019 To 2023 Forecast Period: 2024 to 2031
Forecast Period 2024 to 2031 CAGR: 5.60% 2031 Value Projection: US$ 7.63 Bn
Figure. Gas Treatment Market Share (%), By Region 2024
Gas Treatment Market - IMG1

Gas treatment involves removing contaminants and impurities from gas streams in industries such as oil and gas, chemicals and petrochemicals, utilities, and food and beverage. Stringent emission control regulations laid down by governments globally for controlling air pollution have necessitated effective treatment of industrial gases. Rising demand for energy and power along with increasing need to treat emissions from natural gas and refineries have augmented the requirement for gas treatment solutions in recent years. New product launches catering to emerging applications coupled with capacity expansions across major markets are anticipated to drive the industry in the coming years.

Market Dynamics:

The global gas treatment market is witnessing significant growth driven by factors such as stringent emission norms related to sulfur and carbon in industries, increasing demand for natural gas, and steady development of North American shale gas. However, high installation and operational costs associated with gas treatment plants limit the market growth. Growing demand for energy, especially from power plants, refineries, and other process industries offers opportunities for increased adoption of gas cleaning technologies. On the other hand, the impact of the ongoing pandemic on capital spending across major end-use industries may potentially hinder the short-term prospects of market participants to some extent over the forecast period.

Key Features of the Study:

  • This report provides in-depth analysis of the global gas treatment market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global gas treatment market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Huntsman International LLC, Akzo Nobel N.V., Berryman Chemical Inc., Clariant, Hexion, BASF SE, Ecolab, DowDuPont, Exxon Mobil Corporation, Eunisell Limited, Black & Veatch, SLB, and Boldrocchi Group.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global gas treatment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gas treatment market.

Detailed Segmentation-

  • By Gas Type:
    • Amines
    • Glycol Dehydration
    • Triazine
    • Others
  • By Application:
    • Acid gas removal
    • Dehydration
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Huntsman International LLC
    • Akzo Nobel N.V.
    • Berryman Chemical Inc.
    • Clariant
    • Hexion
    • BASF SE
    • Ecolab
    • DowDuPont
    • Exxon Mobil Corporation
    • Eunisell Limited
    • Black & Veatch
    • SLB
    • Boldrocchi Group
Product Code: CMI7150

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Gas Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • PEST Analysis
    • PORTER's Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Mergers and Acquisitions

4. Global Gas Treatment Market - Impact of Coronavirus (COVID-19) Pandemic

  • Overview
  • Factors Affecting the Global Gas Treatment Market
  • Impact Analysis

5. Global Gas Treatment Market, By Gas Type, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, 2019 - 2031
    • Segment Trends
  • Amines
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Glycol Dehydration
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Triazine
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends

6. Global Gas Treatment Market, By Application, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, 2019 - 2031
    • Segment Trends
  • Acid Gas Removal
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Dehydration
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
    • Segment Trends

7. Global Gas Treatment Market, By Region, 2019-2031, (US$ Bn)

  • Introduction
    • Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
    • Y-o-Y Growth Analysis, For Region, 2019-2031
  • North America
    • Introduction
    • Market Size and Forecast, By Gas Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
      • U.S.
      • Canada
  • Latin America
    • Introduction
    • Market Size and Forecast, By Gas Type, 2019 - 2031, (US$ Bn))
    • Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Europe
    • Introduction
    • Market Size and Forecast, By Gas Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
      • U.K.
      • Germany
      • Italy
      • France
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • Introduction
    • Market Size and Forecast, By Gas Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • South Korea
      • Rest of Asia Pacific
  • Middle East & Africa
    • Introduction
    • Market Size and Forecast, By Gas Type, 2019 - 2031, (US$ Bn)
    • Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
    • Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
      • GCC Countries
      • Israel
      • Rest of Middle East & Africa

8. Competitive Landscape

  • Market Share Analysis
  • Company Profiles
    • Huntsman International LLC
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Akzo Nobel N.V.
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Berryman Chemical Inc.
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Clariant
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Hexion
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • BASF SE
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Ecolab
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • DowDuPont
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Exxon Mobil Corporation
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Eunisell Limited
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Black & Veatch
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • SLB
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates
    • Boldrocchi Group
      • Company Overview
      • Gas Type Portfolio
      • Recent Developments/Updates

9. Analyst Recommendations

  • Wheel of Fortune
  • Analyst View
  • Coherent Opportunity Map

10. Section

  • References
  • Research Methodology
  • About Us and Sales Contact
    • Browse 25 market data tables* and 20 figures* on "Global Gas Treatment Market" - Global forecast to 2031.
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