The global sulphur recovery technology market is expected to grow at a CAGR of 10%. Sulphur recovery refers to the conversion of hydrogen sulphide (H2S) to elemental sulphur. Hydrogen sulphide is a by-product of processing natural gas and refining high-sulphur crude oils. There is significant growth in the oil and gas industry in the past few decades; this has resulted in the market growth of sulphur recovery technology market. The key application areas of sulphur include refineries, gas and power plants, pharmaceuticals industry, fertilizers, rubbers products, cosmetics and so on.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
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Claus Method of Sulphur Recovery Dominated the Market
Due to increasing oil & gas exploration activities and stringent environmental regulations, sulphur recovery technology market has shown significant growth over the past few years. Growing number of refineries and gas processing plants in Asian and Middle East market have also enhanced the market for sulphur recovery technologies. The claus method produces about 90-95 % of sulphur and proves efficient process for sulphur production. Research and innovations are focusing on reducing emission of gases during the production process of sulphur.Covid-19 Impact on the Market
The pandemic had an adverse impact on oil and gas industry, which further impacted the sulphur recovery technology market. The pandemic restrained the logistics, supply chain process and production of sulphur. However, the demand of fertilizers in agriculture neutralised the market impact. The pandemic had affected various sectors however; the use of sulphur in petroleum stabilized the market impact to some extent during the pandemic. The market is expected to grow as demand is expected to increase during post pandemic scenario.Middle East and Africa Led the Market
In 2020, Middle East and Africa was the largest market for sulphur recovery technology market. The Canada holds major sulphur export operations however china is also advancing in the sulphur market. Sulphur consumption in the United States in 2020 reached approximately 9.8 million metric tons. This figure has been relatively constant through the last five years. As there is significant growth in population there is an increasing demand for sulphur production. The Middle East and Africa witness a steady market growth. Major oil field operations are carried out on Russia and Canada.Key players
Key players in this industry include Jacobs engineering group Inc, Amec Foster Wheeler, Technip SA, Linde AG, WorleyParsons Ltd, Chiyoda Corporation, Fluor Corporation,Enersul Limited Partnership, Royal Dutch Shell PLC, Bechtel Corporation. Key trends observed in the global sulphur recovery technology market are increasing partnerships between refineries and fertilizer producers and modifications to enhance sulphur recovery technologies. Along with this, refineries are adopting specialized Tail Gas Treatment recovery process to enhance their sulphur recovery yield.Historical & Forecast Period
This report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Sulphur Recovery Technology market are as follows:- Research and development budgets of manufacturers and government spending.
- Revenues of key companies in the market segment.
- Number of end users and consumption volume, price and value.
- Geographical revenues generated by countries considered in the report.
- Micro and macro environment factors that are currently influencing the Sulphur Recovery Technology market and their expected impact during the forecast period.
- The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Type
- Claus process
- Tail gas treatment
Application Area
- Oil and Gas plants
- Refineries
- Power plants
- Agriculture industry
- Others
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Sulphur Recovery Technology market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Sulphur Recovery Technology market?
- Which is the largest regional market for Sulphur Recovery Technology market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Sulphur Recovery Technology market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Sulphur Recovery Technology market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Sulphur Recovery Technology Market
2.2. Global Sulphur Recovery Technology Market, by Type, 2021 (US$ Million)
2.3. Global Sulphur Recovery Technology Market, by Application Area, 2021 (US$ Million)
2.4. Global Sulphur Recovery Technology Market, by Geography, 2021 (US$ Million)
2.5. Impact of COVID-19
2.6. Attractive Investment Proposition by Geography, 2021
2.7. Competitive Analysis
2.7.1. Market Positioning of Key Sulphur Recovery Technology Market Vendors
2.7.2. Strategies Adopted by Sulphur Recovery Technology Market Vendors
2.7.3. Key Industry Strategies
3. Sulphur Recovery Technology Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Sulphur Recovery Technology Market Value, 2020-2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Sulphur Recovery Technology Market: by Type, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Claus process
4.3.2. Tail gas treatment
5. Sulphur Recovery Technology Market: by Application Area, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Oil and Gas plants
5.3.2. Refineries
5.3.3. Power plants
5.3.4. Agriculture industry
5.3.5. Others
6. North America Sulphur Recovery Technology Market, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Sulphur Recovery Technology Market: by Type, 2020-2030, USD (Million)
6.3. Sulphur Recovery Technology Market: by Application Area, 2020-2030, USD (Million)
6.4. Sulphur Recovery Technology Market: by Region, 2020-2030, USD (Million)
6.4.1. North America
6.4.1.1. U.S.
6.4.1.2. Canada
6.4.1.3. Rest of North America
7. UK and European Union Sulphur Recovery Technology Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Sulphur Recovery Technology Market: by Type, 2020-2030, USD (Million)
7.3. Sulphur Recovery Technology Market: by Application Area, 2020-2030, USD (Million)
7.4. Sulphur Recovery Technology Market: by Region, 2020-2030, USD (Million)
7.4.1. UK and European Union
7.4.1.1. UK
7.4.1.2. Germany
7.4.1.3. Spain
7.4.1.4. Italy
7.4.1.5. France
7.4.1.6. Rest of Europe
8. Asia Pacific Sulphur Recovery Technology Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Sulphur Recovery Technology Market: by Type, 2020-2030, USD (Million)
8.3. Sulphur Recovery Technology Market: by Application Area, 2020-2030, USD (Million)
8.4. Sulphur Recovery Technology Market: by Region, 2020-2030, USD (Million)
8.4.1. Asia Pacific
8.4.1.1. China
8.4.1.2. Japan
8.4.1.3. India
8.4.1.4. Australia
8.4.1.5. South Korea
8.4.1.6. Rest of Asia Pacific
9. Latin America Sulphur Recovery Technology Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Sulphur Recovery Technology Market: by Type, 2020-2030, USD (Million)
9.3. Sulphur Recovery Technology Market: by Application Area, 2020-2030, USD (Million)
9.4. Sulphur Recovery Technology Market: by Region, 2020-2030, USD (Million)
9.4.1. Latin America
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
10. Middle East and Africa Sulphur Recovery Technology Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Sulphur Recovery Technology Market: by Type, 2020-2030, USD (Million)
10.3. Sulphur Recovery Technology Market: by Application Area, 2020-2030, USD (Million)
10.4. Sulphur Recovery Technology Market: by Region, 2020-2030, USD (Million)
10.4.1. Middle East and Africa
10.4.1.1. GCC
10.4.1.2. Africa
10.4.1.3. Rest of Middle East and Africa
11. Company Profiles
11.1. Jacobs engineering group Inc
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Portfolio
11.1.4. Strategic Initiatives
11.2. Amec Foster Wheeler
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Portfolio
11.2.4. Strategic Initiatives
11.3. Technip SA.
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Portfolio
11.3.4. Strategic Initiatives
11.4. Linde AG.
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Portfolio
11.4.4. Strategic Initiatives
11.5. WorleyParsons Ltd.
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Portfolio
11.5.4. Strategic Initiatives
11.6. Chiyoda Corporation
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Portfolio
11.6.4. Strategic Initiatives
11.7. Fluor Corporation
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Portfolio
11.7.4. Strategic Initiatives
11.8. Enersul Limited Partnership
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Portfolio
11.8.4. Strategic Initiatives
11.9. Royal Dutch Shell PLC
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Portfolio
11.9.4. Strategic Initiatives
11.10. Bechtel Corporation
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Portfolio
11.10.4. Strategic InitiativesList of Figures
Figure 1. Global Sulphur Recovery Technology Market: Market Coverage
Figure 2. Research Methodology and Data Sources
Figure 3. Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4. Global Sulphur Recovery Technology Market: Quality Assurance
Figure 5. Global Sulphur Recovery Technology Market, By Type, 2021
Figure 6. Global Sulphur Recovery Technology Market, By Application Area, 2021
Figure 7. Global Sulphur Recovery Technology Market, By Geography, 2021
Figure 8. Global Sulphur Recovery Technology Market, By Type, 2021 vs 2030, %
Figure 9. Global Sulphur Recovery Technology Market, By Application Area, 2021 vs 2030, %
Figure 10. U.S. Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 11. Canada Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 12. Rest of North America Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 13. UK Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 14. Germany Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 15. Spain Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 16. Italy Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 17. France Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 18. Rest of Europe Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 19. China Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 20. Japan Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 21. India Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 22. Australia Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 23. South Korea Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 24. Rest of Asia Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 25. Brazil Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 26. Mexico Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 27. Rest of Latin America Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 28. GCC Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 29. Africa Sulphur Recovery Technology Market (US$ Million), 2020-2030
Figure 30. Rest of Middle East and Africa Sulphur Recovery Technology Market (US$ Million), 2020-2030List of Tables
Table 1 Global Sulphur Recovery Technology Market by Type, 2020-2030, USD (Million)
Table 2 Global Sulphur Recovery Technology Market by Application Area, 2020-2030, USD (Million)
Table 3 North America Sulphur Recovery Technology Market by Type, 2020-2030, USD (Million)
Table 4 North America Sulphur Recovery Technology Market by Application Area, 2020-2030, USD (Million)
Table 5 UK and European Union Sulphur Recovery Technology Market by Type, 2020-2030, USD (Million)
Table 6 UK and European Union Sulphur Recovery Technology Market by Application Area, 2020-2030, USD (Million)
Table 7 Asia Pacific Sulphur Recovery Technology Market by Type, 2020-2030, USD (Million)
Table 8 Asia Pacific Sulphur Recovery Technology Market by Application Area, 2020-2030, USD (Million)
Table 9 Latin America Sulphur Recovery Technology Market by Type, 2020-2030, USD (Million)
Table 10 Latin America Sulphur Recovery Technology Market by Application Area, 2020-2030, USD (Million)
Table 11 Middle East and Africa Sulphur Recovery Technology Market by Type, 2020-2030, USD (Million)
Table 12 Middle East and Africa Sulphur Recovery Technology Market by Application Area, 2020-2030, USD (Million)
Companies Mentioned
- Jacobs engineering group Inc
- Amec Foster Wheeler
- Technip SA.
- Linde AG.
- WorleyParsons Ltd.
- Chiyoda Corporation
- Fluor Corporation
- Enersul Limited Partnership
- Royal Dutch Shell PLC
- Bechtel Corporation
