Gas Treatment Market by Type (Amines and Non-Amines), Application (Acid Gas Removal and Dehydration), and Region (North America, APAC, Europe, Middle East, Commonwealth of Independent States & Africa, and South America) - Global Forecasts to 2023
The Gas Treatment Market size was valued USD 3.56 billion in 2017 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% between 2018 and 2023. In this study, 2017 has been considered as the base year, while 20182023 is considered as the forecast period.
The main objective of this study is to define, describe, and forecast the gas treatment market based on type, application, and region. In this report, the gas treatment market has been studied for North America, Europe, APAC, the Middle East, CIS & Africa, and South America. The report includes detailed information about the major factors such as drivers, opportunities, and restraints influencing the growth of the market. The report strategically analyzes market segments with respect to individual growth trends, growth prospects, and contribution to the overall gas treatment market.
In this report, the size of the gas treatment market and its different segments have been derived from various research methodologies. In the secondary research process, different sources have been referred to identify and collect information for this study on the gas treatment market. These secondary sources include annual reports, press releases, and investor presentations of companies; associations such as US Oil & Gas Association, International Association of Oil & Gas Producers (IOGP); and white papers, certified publications, and articles from recognized authors. In the primary research process, sources from both supply- and demand-side have been interviewed to obtain qualitative and quantitative information regarding the gas treatment market. Bottom-up and top-down approaches have been used to estimate the market size, in terms of value. With the data triangulation procedure and validation of data through primaries, the exact sizes of the overall parent market and individual markets have been determined and confirmed in this study on the gas treatment market.
The figure below illustrates the breakdown of profiles of primaries.
The gas treatment market includes raw material suppliers, manufacturers of gas treatment, and end users. DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc., and Berryman Chemicals Inc. (US) are the leading players operating in the gas treatment market.
The stakeholders in the gas treatment market are as follows:
- Crude oil producers
- Natural gas producers and processors
- Amine manufacturers
- Glycol manufacturers
- Oil & gas associations
- Distributors of amines and glycols
- Suppliers of raw materials
- Environment Support Agencies
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Scope of the Report
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This report forecasts the revenue growth of the gas treatment market and provides an analysis of trends for each subsegment of the market. This research report categorizes the gas treatment market as follows:
By Type:
- Amines
- Primary Amines
- Secondary amines
- Tertiary amines
- Non-amines
- Triazine
- Glycols
- Others
By Application:
- Acid gas removal
- Dehydration
By Region:
- Europe
- North America
- APAC
- South America
- Middle East, CIS & Africa
Each region is further segmented into the key countries in the respective regions.
Available Customizations:
The following customization options are available for this report on the gas treatment market:
Country Information
- Analysis of the gas treatment market in various other countries
Company Information
- Detailed analysis and profiling of additional market players (up to five)
The market size of gas treatment was USD 3.76 billion in 2018 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% from 2018 to 2023. The gas treatment are used in the removal of hydrogen sulfide and carbon dioxide gases from the natural gas stream and from crude oil during refining stages. The increasing demand for natural gas in various regions will boost the demand for gas treatment application. Owing to the increasing urbanization and improving economy, the demand for electricity is rising rapidly, which further augments the use of natural gas as a fuel source owing to its low environmental footprint and easy availability to meet the growing demand.
On the basis of type, the amines segment is estimated to account for the largest share of the gas treatment market, during the forecast period, in terms of both value and volume. The high market share of amines is backed by its high regeneration ability and cost-effectiveness in comparison to other gas treatment.
Among applications, the acid gas removal segment is projected to lead the gas treatment market during the forecast period, in terms of value and volume. Gas treatment are widely used in oil & gas processing. The high demand in this segment can be attributed to the increasing awareness of natural gas as a cleaner source for electricity generation in various countries such as China, Malaysia, Indonesia, and India and the increasing adherence to environmental regulations by various industries for air pollution in developed countries.
APAC is the fastest-growing market for gas treatment, globally, in terms of volume. The growth of the APAC gas treatment market can be attributed to the large industrial base in the region and increased demand for gas treatment from the oil & gas industry. In addition, several initiatives undertaken by governments of different countries of the region to attract investments from various international companies are expected to propel the growth of the market during the forecast period.
Insufficient supply and the high cost of specialized raw materials and increasing competition from substitutes are the major challenges for the growth of the gas treatment market. DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc., and Berryman Chemicals Inc. (US) are the key players operating in the gas treatment market. These companies have adopted various organic as well as inorganic growth strategies between 2015 and 2018 to strengthen their position in the market. Investments & expansions is the key growth strategies adopted by these leading players to enhance their regional presence and meet the growing demand for gas treatment from emerging economies.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary (Page No. - 25)
3.1 Introduction
4 Premium Insights (Page No. - 28)
4.1 Attractive Opportunities in the Gas Treatment Market
4.2 Gas Treatment Market, By Type
4.3 Gas Treatment Market, By Application
4.4 Gas Treatment Market, By Region
4.5 North American Gas Treatment Market, By Application and Country
5 Market Overview (Page No. - 31)
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Growing Demand for Natural Gas
5.1.1.2 Stringent Air Pollution Control Regulations
5.1.2 Restraints
5.1.2.1 Insufficient Supply and High Cost of Specialized Raw Materials
5.1.2.2 Increasing Competition From Substitutes
5.1.3 Opportunities
5.1.3.1 Discovery of New Gas Fields
5.2 Porters Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Threats of Substitutes
5.2.3 Bargaining Power of Suppliers
5.2.4 Bargaining Power of Buyers
5.2.5 Intensity of Competitive Rivalry
6 Macroeconomic Indicators (Page No. - 37)
6.1 Introduction
6.1.1 Trends and Forecast of Per Capita GDP
6.1.2 Natural Gas Production
7 Gas Treatment Market, By Type (Page No. - 39)
7.1 Introduction
7.2 Amines
7.2.1 Primary Amines
7.2.2 Secondary Amines
7.2.3 Tertiary Amines
7.3 Non-Amines
7.3.1 Triazine
7.3.2 Glycols
7.3.3 Others
8 Gas Treatment Market, By Application (Page No. - 43)
8.1 Introduction
8.2 Acid Gas Removal
8.3 Dehydration
9 Gas Treatment Market, By Region (Page No. - 46)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Mexico
9.2.3 Canada
9.3 Europe
9.3.1 Russia
9.3.2 Norway
9.3.3 UK
9.3.4 Netherlands
9.3.5 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 Australia
9.4.3 Malaysia
9.4.4 Indonesia
9.4.5 Thailand
9.4.6 Rest of APAC
9.5 Middle East, Cis & Africa
9.5.1 Iran
9.5.2 Saudi Arabia
9.5.3 Qatar
9.5.4 Algeria
9.5.5 Turkmenistan
9.5.6 Uzbekistan
9.5.7 Rest of Middle East, Cis & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America
10 Competitive Landscape (Page No. - 82)
10.1 Overview
10.2 Market Ranking of Key Players
10.2.1 Huntsman International LLC
10.2.2 BASF SE
10.2.3 Dowdupont Inc.
10.2.4 Ecolab Inc.
10.2.5 Berryman Chemicals Inc.
10.3 Competitive Situations & Trends
10.3.1 New Product Launches
10.3.2 Investments & Expansions
10.3.3 Agreements
11 Company Profiles (Page No. - 86)
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
11.1 Huntsman International LLC
11.2 BASF SE
11.3 Dowdupont Inc.
11.4 Ecolab Inc.
11.5 Berryman Chemicals Inc.
11.6 Clariant International Ltd.
11.7 Eunisell Chemicals
11.8 Hexion Inc.
11.9 Innospec Inc.
11.10 Varichem International
*Details on (Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)
11.11 Other Players
11.11.1 Advance Petrochemicals Ltd.
11.11.2 Akzonobel N.V.
11.11.3 Amine & Plasticizers Limited
11.11.4 Baker Hughes Inc.
11.11.5 Baze Chemical
11.11.6 Doorf Ketal Chemicals
11.11.7 Exxon Mobil Corporation
11.11.8 Mcc Chemicals, Inc.
11.11.9 Production Chemical Group
11.11.10 Sintez Oka Group of Companies
12 Appendix (Page No. - 103)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
List of Tables (79 Tables)
Table 1 Trends and Forecast of Per Capita GDP, By Key Country, 20162020 (USD)
Table 2 Trends of Natural Gas Production, By Key Country, 20152017 (Billion Cubic Meter)
Table 3 Gas Treatment Market Size, By Type, 20162023 (Kiloton)
Table 4 Gas Treatment Market Size, By Type, 20162023 (USD Million)
Table 5 Gas Treatment Market Size, By Application, 20162023 (Kiloton)
Table 6 Gas Treatment Market Size, By Application, 20162023 (USD Million)
Table 7 Gas Treatment Market Size, By Region, 20162023 (Kiloton)
Table 8 Gas Treatment Market Size, By Region, 20162023 (USD Million)
Table 9 North America: By Market Size, By Country, 20162023 (Kiloton)
Table 10 North America: By Market Size, By Country, 20162023 (USD Million)
Table 11 North America: By Market Size, By Application, 20162023 (Kiloton)
Table 12 North America: By Market Size, By Application, 20162023 (USD Million)
Table 13 US: By Market Size, By Application, 20162023 (Kiloton)
Table 14 US: By Market Size, By Application, 20162023 (USD Million)
Table 15 Mexico: By Market Size, By Application, 20162023 (Kiloton)
Table 16 Mexico: By Market Size, By Application, 20162023 (USD Million)
Table 17 Canada: By Market Size, By Application, 20162023 (Kiloton)
Table 18 Canada: By Market Size, By Application, 20162023 (USD Million)
Table 19 Europe: By Market Size, By Country, 20162023 (Kiloton)
Table 20 Europe: By Market Size, By Country, 20162023 (USD Million)
Table 21 Europe: By Market Size, By Application, 20162023 (Kiloton)
Table 22 Europe: By Market Size, By Application, 20162023 (USD Million)
Table 23 Russia: By Market Size, By Application, 20162023 (Kiloton)
Table 24 Russia: By Market Size, By Application, 20162023 (USD Million)
Table 25 Norway: By Market Size, By Application, 20162023 (Kiloton)
Table 26 Norway: By Market Size, By Application, 20162023 (USD Million)
Table 27 UK: By Market Size, By Application, 20162023 (Kiloton)
Table 28 UK: By Market Size, By Application, 20162023 (USD Million)
Table 29 Netherlands: By Market Size, By Application, 20162023 (Kiloton)
Table 30 Netherlands: By Market Size, By Application, 20162023 (USD Million)
Table 31 Rest of Europe: By Market Size, By Application, 20162023 (Kiloton)
Table 32 Rest of Europe: By Market Size, By Application, 20162023 (USD Million)
Table 33 APAC: By Market Size, By Country, 20162023 (Kiloton)
Table 34 APAC: By Market Size, By Country, 20162023 (USD Million)
Table 35 APAC: By Market Size, By Application, 20162023 (Kiloton)
Table 36 APAC: By Market Size, By Application, 20162023 (USD Million)
Table 37 China: By Market Size, By Application, 20162023 (Kiloton)
Table 38 China: By Market Size, By Application, 20162023 (USD Million)
Table 39 Australia: By Market Size, By Application, 20162023 (Kiloton)
Table 40 Australia: By Market Size, By Application, 20162023 (USD Million)
Table 41 Malaysia: By Market Size, By Application, 20162023 (Kiloton)
Table 42 Malaysia: By Market Size, By Application, 20162023 (USD Million)
Table 43 Indonesia: By Market Size, By Application, 20162023 (Kiloton)
Table 44 Indonesia: By Market Size, By Application, 20162023 (USD Million)
Table 45 Thailand: By Market Size, By Application, 20162023 (Kiloton)
Table 46 Thailand: By Market Size, By Application, 20162023 (USD Million)
Table 47 Rest of APAC: By Market Size, By Application, 20162023 (Kiloton)
Table 48 Rest of APAC: By Market Size, By Application, 20162023 (USD Million)
Table 49 Middle East, Cis & Africa: By Market Size, By Country, 20162023 (Kiloton)
Table 50 Middle East, Cis & Africa: By Market Size, By Country, 20162023 (USD Million)
Table 51 Middle East, Cis & Africa: By Market Size, By Application, 20162023 (Kiloton)
Table 52 Middle East, Cis & Africa: By Market Size, By Application, 20162023 (USD Million)
Table 53 Iran: By Market Size, By Application, 20162023 (Kiloton)
Table 54 Iran: By Market Size, By Application, 20162023 (USD Million)
Table 55 Saudi Arabia: By Market Size, By Application, 20162023 (Kiloton)
Table 56 Saudi Arabia: By Market Size, By Application, 20162023 (USD Million)
Table 57 Qatar: By Market Size, By Application, 20162023 (Kiloton)
Table 58 Qatar: By Market Size, By Application, 20162023 (USD Million)
Table 59 Algeria: By Market Size, By Application, 20162023 (Kiloton)
Table 60 Algeria: By Market Size, By Application, 20162023 (USD Million)
Table 61 Turkmenistan: By Market Size, By Application, 20162023 (Kiloton)
Table 62 Turkmenistan: By Market Size, By Application, 20162023 (USD Million)
Table 63 Uzbekistan: By Market Size, By Application, 20162023 (Kiloton)
Table 64 Uzbekistan: By Market Size, By Application, 20162023 (USD Million)
Table 65 Rest of Middle East, Cis & Africa: By Market Size, By Application, 20162023 (Kiloton)
Table 66 Rest of Middle East, Cis & Africa: By Market Size, By Application, 20162023 (USD Million)
Table 67 South America: By Market Size, By Country, 20162023 (Kiloton)
Table 68 South America: By Market Size, By Country, 20162023 (USD Million)
Table 69 South America: By Market Size, By Application, 20162023 (Kiloton)
Table 70 South America: By Market Size, By Application, 20162023 (USD Million)
Table 71 Brazil: By Market Size, By Application, 20162023 (Kiloton)
Table 72 Brazil: By Market Size, By Application, 20162023 (USD Million)
Table 73 Argentina: By Market Size, By Application, 20162023 (Kiloton)
Table 74 Argentina: By Market Size, By Application, 20162023 (USD Million)
Table 75 Rest of South America: By Market Size, By Application, 20162023 (Kiloton)
Table 76 Rest of South America: By Market Size, By Application, 20162023 (USD Million)
Table 77 New Product Launches, 20152018
Table 78 Investments & Expansions, 20152018
Table 79 Agreements, 20152018
List of Figures (32 Figures)
Figure 1 Gas Treatment Market Segmentation
Figure 2 Gas Treatment Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Gas Treatment Market: Data Triangulation
Figure 6 Amines to Be the Largest Type of Gas Treatment
Figure 7 Acid Gas Removal to Be the Largest Application of Gas Treatment
Figure 8 APAC Gas Treatment Market to Register the Highest CAGR
Figure 9 Amines Was the Largest Type in the Gas Treatment Market in 2017
Figure 10 Non-Amines to Be the Fastest-Growing Type During the Forecast Period
Figure 11 Acid Gas Removal to Be the Largest Application
Figure 12 North America Accounted for the Largest Market Share in 2017
Figure 13 Acid Gas Removal Was the Largest Application in the Us
Figure 14 Overview of Factors Governing the Gas Treatment Market
Figure 15 Gas Treatment Market: Porters Five Forces Analysis
Figure 16 Amines to Account for the Largest Market Share
Figure 17 Acid Gas Removal to Be the Largest Application for Gas Treatment
Figure 18 Gas Treatment Market in Australia to Register the Highest CAGR
Figure 19 North America: Gas Treatment Market Snapshot
Figure 20 Europe to Be the Largest Gas Treatment Market
Figure 21 APAC: Gas Treatment Market Snapshot
Figure 22 Companies Adopted Investments & Expansions as the Key Growth Strategy Between 2015 and 2018
Figure 23 Ranking of Gas Treatment Manufacturers in 2017
Figure 24 Huntsman International LLC: Company Snapshot
Figure 25 Huntsman International LLC: SWOT Analysis
Figure 26 BASF SE: Company Snapshot
Figure 27 BASF SE: SWOT Analysis
Figure 28 Ecolab Inc.: Company Snapshot
Figure 29 Ecolab Inc.: SWOT Analysis
Figure 30 Clariant International Ltd.: Company Snapshot
Figure 31 Hexion Inc.: Company Snapshot
Figure 32 Innospec Inc.: Company Snapshot
Growth opportunities and latent adjacency in Gas Treatment Market