Global Gas Treatment Market

Gas Treatment Market Size, Share, Growth Analysis, By Type(Non-Amines and Amines), By Application(Refineries, Sugar, Metal & Mining, Power Plants), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2264 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 66 |Figures: 75

Gas Treatment Market Insights

Gas Treatment Market size was valued at USD 4.9 billion in 2022 and is poised to grow from USD 5.19 billion in 2023 to USD 8.19 billion by 2030, at a CAGR of 3.2 % during the forecast period (2023-2030).

In both wealthy and emerging nations, the rise of gas treatment is boosted by population growth and environmental degradation. Emerging industries in the cement and chemical sectors, like those producing fly ash and chemical solvents, are preferred because they improve market performance.

Technological advancements, such as the development of innovative sorbents, membrane-based separation systems, and catalytic conversion processes, are also shaping the gas treatment market, enabling more efficient and cost-effective gas treatment solutions.

Overall, the gas treatment market is driven by the need for clean, sustainable, and efficient gas processing technologies to meet the rising global energy demand.

Strict environmental regulations, a lack of market knowledge in certain parts of Latin America, the Middle East, and Africa, as well as the high cost of filters and high installation costs, such as those associated with electrostatic precipitators, are some of the problems limiting the expansion of the gas industry.

US Gas Treatment Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 4.9 billion

Largest Segment

Non-Amines

Fastest Growth

Non-Amines

Growth Rate

3.2% CAGR

Global Gas Treatment Market by region
Country Share for North America (%)

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Gas Treatment Market Segmental Analysis

The gas treatment market is segmented by type, application, and region. By type, the market is segmented into amines, non-amines, and others. By application, the market is segmented into acid gas removal, dehydration, and others. By region, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Gas Treatment Market Analysis By Type

The largest segment, amines, is expected to continue to grow at a steady pace in the coming years. This is due to the increasing demand for gas treatment solutions from a variety of industries, such as oil and gas, power generation, and chemical manufacturing.

The fastest growing segment, non-amines, is expected to grow at a faster pace than the overall market. This is due to the increasing demand for gas treatment solutions that are not based on amines. These solutions are often preferred in applications where amines are not suitable, such as in the treatment of sour gasses.

Gas Treatment Market Analysis By Application

Acid gas removal is the largest application segment, accounting for a major share of the market. Acid gas removal is the process of removing harmful gasses such as hydrogen sulfide (H2S) and carbon dioxide (CO2) from natural gas and other industrial gasses.

Dehydration segment is also growing rapidly, due to the increasing demand for dry natural gas in the power generation and industrial sectors. Dehydration is the process of removing water vapor from natural gas, as water vapor can condense and form ice crystals in pipelines, which can cause blockages and other problems. The application segment includes a variety of other applications, such as odor removal, mercury removal, and particulate removal.

Global Gas Treatment Market by type, 2023 (%)

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Gas Treatment Market Regional Insights

North America is expected to lead the global gas treatment market. The USA has the largest biotechnology sector in the world, generating bio-based goods on a commercial scale. According to the US Department of Agriculture, biofuels are quickly displacing traditional fuels in the nation. The biodiesel business has strong growth prospects because of this. The possibility for the petrol treatment market has grown dramatically in recent years along with the development of fuel technology.

But the Asia Pacific area is also regarded as having the fastest-growing gas treatment market. The need for this business has increased due to the expanding investments in industries like power and transportation in nations like China, India, and South Korea.

Global Gas Treatment Market by geography, 2024-2031
  • Largest
  • Fastest

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Gas Treatment Market Dynamics

Gas Treatment Market Drivers

Increasing Demand For Natural Gas

  • Natural gas is a cleaner-burning fuel than other fossil fuels, and it is becoming increasingly popular as a source of energy. This is driving the demand for gas treatment solutions, which are used to remove harmful contaminants from natural gas.
  • Governments around the world are imposing stricter environmental regulations to reduce pollution. This is driving the demand for gas treatment solutions, as these solutions can help to reduce emissions.
  • The world's population is increasing, and this is leading to an increase in the demand for energy. As a result, there is a growing need to treat natural gas and other fuels to remove harmful contaminants.

Gas Treatment Market Restraints

High Cost Of Filters And Installation

  • The high cost of filters and installation is a major challenge for the gas treatment market. This is especially true in developing countries, where the cost of these components can be prohibitive. In some regions, there is a lack of awareness about the benefits of gas treatment. This can also hinder the growth of the market.

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Gas Treatment Market Competitive Landscape

The gas treatment market is a competitive market, with several large and medium-sized players. The market is also seeing the entry of new players and these new players are bringing new technologies and capabilities to the market, which is creating a more competitive landscape. The competitive landscape in the gas treatment market is expected to remain competitive in the coming years. The key players in the market are likely to continue to focus on innovation and expansion to maintain their competitive edge. The gas treatment market is a dynamic and competitive market. The key players in the market are constantly innovating and expanding to maintain their competitive edge. The market is expected to remain competitive in the coming years.

Gas Treatment Market Top Player’s Company Profiles

  • BASF SE (Germany)
  • The Linde Group (Germany)
  • Honeywell International Inc. (U.S.)
  • Air Liquide SA (France)
  • Clariant AG (Switzerland)
  • Haldor Topsoe A/S (Denmark)
  • Johnson Matthey PLC (U.K.)
  • UOP LLC (U.S.)
  • Albemarle Corporation (U.S.)
  • Grace Catalysts Technologies LLC (U.S.)
  • Axens (France)
  • Ineos Group AG (Switzerland)
  • TechnipFMC plc (U.K.)
  • Yara International ASA (Norway)
  • Chemours Company (U.S.)
  • KBR, Inc. (U.S.)
  • SUEZ (France)
  • Sumitomo Chemical Company, Ltd. (Japan)
  • Messer Group GmbH (Germany)
  • Air Products and Chemicals, Inc. (U.S.)

Gas Treatment Market Recent Developments

  • In September 2021, Royal Dutch Shell plc (Shell) made a final investment decision to construct an 820,000-tonne-per-year biofuels facility at the former Pernis refinery in Rotterdam, the Netherlands. With the help of this breakthrough, the company may generate renewable diesel made from waste and sustainable aviation fuel (SAF).
  • In October 2021, the engineering, procurement, and construction contracts process was started by Exxon Mobil Corporation as part of its plans to increase carbon capture and storage (CCS) at its LaBarge, Wyoming site. The corporation can reduce emissions with this invention by capturing up to an additional 1 million metric tonnes of CO2 annually.

Gas Treatment Key Market Trends

  • The global gas treatment market is experiencing several key market trends. Firstly, there is a growing demand for natural gas as a cleaner energy source, driving the need for efficient gas treatment processes to remove impurities and contaminants. This is particularly crucial in regions where natural gas production is expanding rapidly. Additionally, stringent environmental regulations aimed at reducing emissions and promoting sustainable practices are driving the adoption of advanced gas treatment technologies. The market is witnessing a shift towards the use of green and eco-friendly gas treatment solutions that minimize the carbon footprint. Moreover, the increasing focus on shale gas exploration and production is creating new opportunities for gas treatment technologies, as shale gas often requires extensive treatment before it can be utilized.

Gas Treatment Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, the global gas treatment market holds promising prospects for the future due to several factors. The increasing demand for natural gas as a clean energy source, coupled with stringent environmental regulations, is driving the need for efficient gas treatment solutions. Additionally, the growing shale gas exploration activities and the expansion of the oil and gas industry worldwide are contributing to the market's growth. Advancements in gas treatment technologies, such as carbon capture and storage (CCS), are also expected to drive market growth. Moreover, the rising focus on sustainable development and the adoption of renewable energy sources further present opportunities for the gas treatment market to expand and thrive.

Report Metric Details
Market size value in 2023 USD 4.9 billion
Market size value in 2031 USD 8.19 billion
Growth Rate 3.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Non-Amines and Amines
  • Application
    • Refineries, Sugar, Metal & Mining, Power Plants, Oil & Gas, Pulp & Paper, Acid Gas Removal, and Food & Beverages
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BASF SE (Germany)
  • The Linde Group (Germany)
  • Honeywell International Inc. (U.S.)
  • Air Liquide SA (France)
  • Clariant AG (Switzerland)
  • Haldor Topsoe A/S (Denmark)
  • Johnson Matthey PLC (U.K.)
  • UOP LLC (U.S.)
  • Albemarle Corporation (U.S.)
  • Grace Catalysts Technologies LLC (U.S.)
  • Axens (France)
  • Ineos Group AG (Switzerland)
  • TechnipFMC plc (U.K.)
  • Yara International ASA (Norway)
  • Chemours Company (U.S.)
  • KBR, Inc. (U.S.)
  • SUEZ (France)
  • Sumitomo Chemical Company, Ltd. (Japan)
  • Messer Group GmbH (Germany)
  • Air Products and Chemicals, Inc. (U.S.)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Gas Treatment Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Gas Treatment Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Gas Treatment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Gas Treatment Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Gas Treatment Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Gas Treatment Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Gas Treatment Market size was valued at USD 4.9 billion in 2022 and is poised to grow from USD 5.19 billion in 2023 to USD 8.19 billion by 2030, at a CAGR of 3.2 % during the forecast period (2023-2030).

The gas treatment market is a competitive market, with several large and medium-sized players. The market is also seeing the entry of new players and these new players are bringing new technologies and capabilities to the market, which is creating a more competitive landscape. The competitive landscape in the gas treatment market is expected to remain competitive in the coming years. The key players in the market are likely to continue to focus on innovation and expansion to maintain their competitive edge. The gas treatment market is a dynamic and competitive market. The key players in the market are constantly innovating and expanding to maintain their competitive edge. The market is expected to remain competitive in the coming years. 'BASF SE (Germany)', 'The Linde Group (Germany)', 'Honeywell International Inc. (U.S.)', 'Air Liquide SA (France)', 'Clariant AG (Switzerland)', 'Haldor Topsoe A/S (Denmark)', 'Johnson Matthey PLC (U.K.)', 'UOP LLC (U.S.)', 'Albemarle Corporation (U.S.)', 'Grace Catalysts Technologies LLC (U.S.)', 'Axens (France)', 'Ineos Group AG (Switzerland)', 'TechnipFMC plc (U.K.)', 'Yara International ASA (Norway)', 'Chemours Company (U.S.)', 'KBR, Inc. (U.S.)', 'SUEZ (France)', 'Sumitomo Chemical Company, Ltd. (Japan)', 'Messer Group GmbH (Germany)', 'Air Products and Chemicals, Inc. (U.S.)'

Natural gas is a cleaner-burning fuel than other fossil fuels, and it is becoming increasingly popular as a source of energy. This is driving the demand for gas treatment solutions, which are used to remove harmful contaminants from natural gas.

The gas treatment market is experiencing several key market trends. Firstly, there is a growing demand for natural gas as a cleaner energy source, driving the need for efficient gas treatment processes to remove impurities and contaminants. This is particularly crucial in regions where natural gas production is expanding rapidly. Additionally, stringent environmental regulations aimed at reducing emissions and promoting sustainable practices are driving the adoption of advanced gas treatment technologies. The market is witnessing a shift towards the use of green and eco-friendly gas treatment solutions that minimize the carbon footprint. Moreover, the increasing focus on shale gas exploration and production is creating new opportunities for gas treatment technologies, as shale gas often requires extensive treatment before it can be utilized.

North America is expected to lead the gas treatment market. The USA has the largest biotechnology sector in the world, generating bio-based goods on a commercial scale. According to the US Department of Agriculture, biofuels are quickly displacing traditional fuels in the nation. The biodiesel business has strong growth prospects because of this. The possibility for the petrol treatment market has grown dramatically in recent years along with the development of fuel technology.

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Global Gas Treatment Market

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