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Global Sulphur Recovery market is expected to reach 2900 million US$ by the end of 2025
Global Sulphur Recovery market is expected to reach 2900 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2018/11/13
Sulphur recovery is defined as the conversion of hydrogen sulfide to elemental sulphur. Hydrogen sulfide is one of the major by-products of processing high sulphur crude oils and natural gas. Increasing focus on regulations to reduce levels of sulphur in products and lower sulphur emissions has in turn resulted in increase in demand for deployment of sulphur recovery technologies. Sulphur recovery technologies are mainly based on two processes: Claus and Claus Process and Tail Gas Treatment process.
According to QYR’s analysts, the concentration of Sulphur Recovery industry is relative low. The top ten companies accounted for about 66% supply market share in 2017. The major supply regions mainly locate in Middle East & Africa. And the major suppliers include Jacobs Engineering Group, Chiyoda Corporation, Amec Foster Wheeler, Technip FMC, and others.
All Claus units involve an initial combustion step in a furnace. The combustion products then pass through a series of catalytic converters, each of which produces elemental sulfur. The Claus process consists of the vaporphase oxidation of hydrogen sulfide to form water and elemental sulfur.
There are companies adding new capacities and aim at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Sulphur Recovery market will become more intense. This is the end of Sulphur Recovery report.
In 2017, the global Sulphur Recovery market size was 1850 million US$ and it is expected to reach 2900 million US$ by the end of 2025, with a CAGR of 5.8% during 2018-2025.
This article was first released by QYResearch, if reproduced, please indicate the source.
- Posted on: 2018-11-12 22:20:03
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- Item ID: 14991608