Gas Treatment Global Market Report 2024

Description

Gas Treatment Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on gas treatment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for gas treatment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The gas treatment market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Amines; Non-Amines
2) By Application: Acid Gas Removal; Dehydration
3) By End User: Power Plants; Refineries; Pulp And Paper; Metal And Mining; Food And Beverages; Oil And Gas; Sugar
Companies Mentioned: DuPont de Nemours Inc.; Huntsman International LLC; Ecolab Inc.; Clariant AG; BASF SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Gas treatment encompasses processes utilized to prepare mine gas for various end-use management options, such as pipeline injection. These processes include dehydration, gas separation, and the removal of non-methane components. Gas treatment aims to enhance gas quality by introducing potent cleaning chemicals that combat the build-up of hazardous deposits in the fuel system, which can adversely affect performance. Additionally, gas treatment addresses the removal of water, which can lead to fuel line freeze.

The main types of gas treatment are categorized as amines and non-amines. Amine gas treatment involves the use of aqueous solutions of various alkylamines to dissolve and remove hydrogen sulfide and carbon dioxide from refinery sour gases. Applications of gas treatment include acid gas removal and dehydration, with end-users spanning power plants, refineries, pulp and paper, metal and mining, food and beverages, oil and gas, and sugar industries. Gas treatment plays a crucial role in ensuring the quality and safety of gases used in diverse industrial applications.

The gas treatment market research report is one of a series of new reports from The Business Research Company that provides gas treatment market statistics, including gas treatment industry global market size, regional shares, competitors with a gas treatment market share, detailed gas treatment segments, market trends and opportunities, and any further data you may need to thrive in the gas treatment industry. This gas treatment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The gas treatment market size has grown strongly in recent years. It will grow from $4.21 billion in 2023 to $4.47 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth observed in the historical period can be attributed to environmental regulations, the expansion of industrial activities, growing concerns for health and safety, an increasing demand for clean energy, and the processes of urbanization and industrialization.

The gas treatment market size is expected to see strong growth in the next few years. It will grow to $5.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period can be attributed to the implementation of stringent environmental regulations, the ongoing global industrialization, a concentrated focus on sustainable solutions, the increasing shift to renewable energy sources, and efforts related to urbanization and pollution control. Major trends expected in the forecast period include the adoption of customization and modular solutions, the integration of digital transformation in gas treatment processes, the emphasis on resilience against pandemics, considerations for globalization and trade compliance, and the growing adoption of biogas and biomass as part of the overall energy mix.

The gas treatment market is set for substantial growth, propelled by the surging demand for natural gas. Natural gas plays a pivotal role in gas treatment processes, involving extraction, removal, separation, and liquefaction. The increasing global demand for natural gas, forecasted to expand at an average annual rate of 0.8% from 2022 to 2025 according to the International Energy Agency, underscores the market's growth trajectory. The heightened demand for natural gas necessitates advanced gas treatment solutions to cater to the diverse needs of extraction and processing.

The gas treatment market is poised for expansion, driven by the boom in shale gas production. Shale gas, a type of natural gas trapped within shale rock formations, presents unique challenges related to impurities and contaminants. Gas treatment processes become imperative in ensuring environmental compliance and optimizing the quality of shale gas. The increase in shale gas production, exemplified by a 7% rise in US shale gas production from 2020 to 2021, as reported by the Energy Information Administration, underscores the significance of gas treatment solutions in enhancing economic growth, ensuring infrastructure compatibility, and integrating shale gas into the global energy supply.

The gas treatment market is experiencing a transformative shift with a pronounced focus on technological innovation. Leading companies are leveraging cutting-edge technologies and investing in research and development to pioneer advancements in gas treatment. A notable example is BASF's introduction of OASE digilab, a technique streamlining the analysis of gas-treating agents. This innovative approach combines a mobile NIR spectrometer with data processing, enabling instantaneous component analysis of gas-treating agents. Such technological innovations enhance efficiency by eliminating time-consuming processes and contribute to the evolution of gas treatment methodologies.

Major players in the gas treatment market are emphasizing innovation by introducing advanced systems like exhaust gas treatment systems (EGTS). An EGTS is a crucial device designed to remove harmful pollutants from the exhaust gases of internal combustion engines. Wartsila Corporation's launch of the IQ Series scrubber is a notable example, showcasing features such as a 25% reduction in space requirements, 30% lighter weight, and a 35% decrease in volume. These design enhancements minimize the impact on a vessel's cargo capacity, making it particularly advantageous for container ships where space efficiency is paramount. The modular nature of the IQ Series further allows for upgrades with additional technologies to address diverse pollutants in exhaust gases.

In February 2022, Enterprise Products Partners L.P., a prominent U.S.-based midstream natural gas and crude oil pipeline company, successfully acquired Navitas Midstream Partners LLC in a deal valued at $3.25 billion. This strategic acquisition is aimed at reinforcing Enterprise's position in key aspects of the energy sector, specifically natural gas gathering, treating, and processing in the core of the Midland Basin of the Permian. The assets of Navitas Midstream Partners complement Enterprise's existing presence in the Delaware Basin. Navitas Midstream Partners, headquartered in the United States, is recognized for its offerings in natural gas gathering, treating, and processing services.

Major companies operating in the gas treatment market report are DuPont de Nemours Inc., Huntsman International LLC, Ecolab Inc., Clariant AG, BASF SE, Berryman Chemicals Pvt. Ltd., Eunisell Limited, Hexion Inc., Innospec Inc., Varichem International Inc., Exxon Mobil Corporation, Akzo Nobel N.V., Gas Processing Equipment Pvt. Ltd., Boldrocchi Group, Jacobi Carbons AB, Axens SA, Honeywell International Inc., Zeochem AG, Arkema S.A., Cabot Corporation, Calgon Carbon Corporation, Kuraray Co. Ltd., Mitsubishi Chemical Corporation, Sumitomo Chemical Co. Ltd., Eastman Chemical Company, Evonik Industries AG, Solvay S.A., Lanxess AG, Albemarle Corporation, and The Chemours Company.

North America was the largest region in the gas treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gas treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the gas treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The gas treatment market includes revenues earned by entities by providing services such as inlet separation, compression, gas sweetening, sulfur recovery or acid gas disposal, and dehydration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12731

1. Executive Summary

2. Gas Treatment Market Characteristics

3. Gas Treatment Market Trends And Strategies

4. Gas Treatment Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Gas Treatment Market Size and Growth

5.1. Global Gas Treatment Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Gas Treatment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Gas Treatment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Gas Treatment Market Segmentation

6.1. Global Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Amines
Non-Amines
6.2. Global Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Acid Gas Removal
Dehydration
6.3. Global Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Power Plants
Refineries
Pulp And Paper
Metal And Mining
Food And Beverages
Oil And Gas
Sugar

7. Gas Treatment Market Regional And Country Analysis

7.1. Global Gas Treatment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Gas Treatment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Gas Treatment Market

8.1. Asia-Pacific Gas Treatment Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Gas Treatment Market

9.1. China Gas Treatment Market Overview
9.2. China Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Gas Treatment Market

10.1. India Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Gas Treatment Market

11.1. Japan Gas Treatment Market Overview
11.2. Japan Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Gas Treatment Market

12.1. Australia Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Gas Treatment Market

13.1. Indonesia Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Gas Treatment Market

14.1. South Korea Gas Treatment Market Overview
14.2. South Korea Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Gas Treatment Market

15.1. Western Europe Gas Treatment Market Overview
15.2. Western Europe Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Gas Treatment Market

16.1. UK Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Gas Treatment Market

17.1. Germany Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Gas Treatment Market

18.1. France Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Gas Treatment Market

19.1. Italy Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Gas Treatment Market

20.1. Spain Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Gas Treatment Market

21.1. Eastern Europe Gas Treatment Market Overview
21.2. Eastern Europe Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Gas Treatment Market

22.1. Russia Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Gas Treatment Market

23.1. North America Gas Treatment Market Overview
23.2. North America Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Gas Treatment Market

24.1. USA Gas Treatment Market Overview
24.2. USA Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Gas Treatment Market

25.1. Canada Gas Treatment Market Overview
25.2. Canada Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Gas Treatment Market

26.1. South America Gas Treatment Market Overview
26.2. South America Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Gas Treatment Market

27.1. Brazil Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Gas Treatment Market

28.1. Middle East Gas Treatment Market Overview
28.2. Middle East Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Gas Treatment Market

29.1. Africa Gas Treatment Market Overview
29.2. Africa Gas Treatment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Gas Treatment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Gas Treatment Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Gas Treatment Market Competitive Landscape And Company Profiles

30.1. Gas Treatment Market Competitive Landscape
30.2. Gas Treatment Market Company Profiles
- 30.2.1. DuPont de Nemours Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Huntsman International LLC
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Ecolab Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Clariant AG
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. BASF SE
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Gas Treatment Market Competitive Benchmarking

32. Global Gas Treatment Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Gas Treatment Market

34. Gas Treatment Market Future Outlook and Potential Analysis

34.1 Gas Treatment Market In 2028 - Countries Offering Most New Opportunities
34.2 Gas Treatment Market In 2028 - Segments Offering Most New Opportunities
34.3 Gas Treatment Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer