Global Gas Treating Amine Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Gas Treating Amine Market is presumed to reach the market size of nearly USD 5.69 Billion by 2032 from USD 2.84 Billion in 2023 with a CAGR of 8.03% under the study period 2024-2032.

Gas treating amine refers to a group of chemical compounds known as amines used in the oil and gas industry to remove acidic gases such as carbon dioxide & hydrogen sulfide from natural gas streams, refinery gases, and other hydrocarbon streams. It reacts with acidic gases to form stable, water-soluble salts that can be separated from the gas stream, allowing the purified gas to meet pipeline specifications or processing requirements. Common examples include monoethanolamine (MEA), diethanolamine (DEA), methyl diethanolamine (MDEA), and their derivatives. These processes are vital in ensuring product quality, safety, and environmental compliance in the oil & gas industry.

MARKET DYNAMICS

Stringent environmental regulations and emission standards aimed at reducing air pollution, greenhouse gas emissions, and acid rain drive the adoption of gas-treating amines to eliminate contaminants such as carbon dioxide, hydrogen sulfide, and sulfur dioxide from industrial gas streams. Gas-treating amines, such as monoethanolamine (MEA), diethanolamine (DEA), and methyl diethanolamine (MDEA), are widely used in gas sweetening and acid gas removal processes to meet regulatory requirements and minimize environmental impact. Moreover, the growing demand for clean energy and the transition to low-carbon fuels drive investments in carbon capture and storage (CCS) technologies, which rely on gas-treating amines for CO2 capture and removal from flue gas emissions in power plants and industrial facilities. Expanding natural gas production and processing activities, particularly in shale gas & tight oil reservoirs, also creates market opportunities. Furthermore, chemistry, process engineering, and equipment design advancements enhance gas purification systems' efficiency, reliability, and environmental sustainability, enabling cost-effective compliance with regulatory requirements and emissions control objectives. Moreover, the increasing demand for clean fuels and value-added chemicals drives investments in gas processing infrastructure and technology innovation, driving market growth. However, environmental impact and regulatory compliance concerns may challenge market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Gas Treating Amine. The growth and trends of Gas Treating Amine industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Gas Treating Amine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Monoethanolamide (MEA)
Diethanolamine (DEA)
Ethanolamine (ETA)
Others

By Application

Natural Gas Sweetening
Biogas Purification
Refinery Gas Treatment
Acid Gas Removal (AGR)
Others

By End User

Oil And Gas Industry
Refining Industry
Power Generation
Renewal Industry
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Gas Treating Amine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Gas Treating Amine market include Air Products And Chemicals Inc., Arkema Group, BASF SE, Chevron Phillips Chemical Company LLC, Clariant AG, Dow Chemical Company, Evonik Industries AG, ExxonMobil Corporation, Huntsman Corporation, INEOS Group Holdings S.A., Linde Plc, Mitsubishi Gas Chemical Company, Nalco Champion (Ecolab Inc.), SABIC (Saudi Basic Industries Corporation), Shell Chemicals. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112114505

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. GAS TREATING AMINE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End User
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL GAS TREATING AMINE MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data
5.3. Analysis By Type
5.4. Monoethanolamide (MEA) Historic and Forecast Sales By Regions
5.5. Diethanolamine (DEA) Historic and Forecast Sales By Regions
5.6. Ethanolamine (ETA) Historic and Forecast Sales By Regions
5.7. Others Historic and Forecast Sales By Regions

6. GLOBAL GAS TREATING AMINE MARKET ANALYSIS BY APPLICATION

6.1. Overview By Application
6.2. Historical and Forecast Data
6.3. Analysis By Application
6.4. Natural Gas Sweetening Historic and Forecast Sales By Regions
6.5. Biogas Purification Historic and Forecast Sales By Regions
6.6. Refinery Gas Treatment Historic and Forecast Sales By Regions
6.7. Acid Gas Removal (AGR) Historic and Forecast Sales By Regions
6.8. Others Historic and Forecast Sales By Regions

7. GLOBAL GAS TREATING AMINE MARKET ANALYSIS BY END USER

7.1. Overview By End User
7.2. Historical and Forecast Data
7.3. Analysis By End User
7.4. Oil And Gas Industry Historic and Forecast Sales By Regions
7.5. Refining Industry Historic and Forecast Sales By Regions
7.6. Power Generation Historic and Forecast Sales By Regions
7.7. Renewal Industry Historic and Forecast Sales By Regions
7.8. Others Historic and Forecast Sales By Regions

8. GLOBAL GAS TREATING AMINE MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE GAS TREATING AMINE COMPANIES

9.1. Gas Treating Amine Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF GAS TREATING AMINE INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. Air Products And Chemicals Inc.
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. Arkema Group
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. BASF SE
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. Chevron Phillips Chemical Company LLC
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. Clariant AG
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. Dow Chemical Company
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. Evonik Industries AG
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. ExxonMobil Corporation
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. Huntsman Corporation
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
10.12. INEOS Group Holdings S.A.
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
10.13. Linde Plc
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments
10.14. Mitsubishi Gas Chemical Company
- 10.14.1 Company Overview
- 10.14.2 Company Revenue
- 10.14.3 Products
- 10.14.4 Recent Developments
10.15. Nalco Champion (Ecolab Inc.)
- 10.15.1 Company Overview
- 10.15.2 Company Revenue
- 10.15.3 Products
- 10.15.4 Recent Developments
10.16. SABIC (Saudi Basic Industries Corporation)
- 10.16.1 Company Overview
- 10.16.2 Company Revenue
- 10.16.3 Products
- 10.16.4 Recent Developments
10.17. Shell Chemicals
- 10.17.1 Company Overview
- 10.17.2 Company Revenue
- 10.17.3 Products
- 10.17.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies