Gas Treatment: Worldwide Market Analysis & Outlook (2018-2023) - Ample Opportunities in the Discovery of New Gas Fields - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--The “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” report has been added to ResearchAndMarkets.com’s offering.
The gas treatment market is projected to grow from USD 3.76 billion in 2018 to USD 4.96 billion by 2023, at a CAGR of 5.7% from 2018 to 2023.
Growing demand for natural gas and stringent air pollution control regulations are driving the market for gas treatment. In addition, the discovery of new gas fields is an opportunity for gas treatment. The major restraint for the market is the insufficient supply and high cost of specialized raw materials and increasing competition from substitutes. In addition, high capital requirement makes it difficult for new players to enter the market.
Non-amines is projected to be the fastest-growing type segment during the forecast period, in terms of value and volume. These chemicals remove the water content from natural gas streams and help in preventing hydrate formation. Triethylene glycol is the largest non-amine used for dehydration and hydrate removal or prevention.
DriversGrowing Demand for Natural Gas Stringent Air Pollution Control Regulations
RestraintsInsufficient Supply and High Cost of Specialized Raw Materials Increasing Competition From Substitutes
OpportunitiesDiscovery of New Gas Fields
Key Topics Covered1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Indicators
7 Gas Treatment Market, By Type
8 Gas Treatment Market, By Application
9 Gas Treatment Market, By Region
10 Competitive Landscape
11 Company ProfilesHuntsman International LLCBASF SEDowDuPont Inc.Ecolab Inc.Berryman Chemicals Inc.Clariant International Ltd.Eunisell ChemicalsHexion Inc.Innospec Inc.Varichem InternationalAdvance Petrochemicals Ltd.AkzoNobel N.V.Amine & Plasticizers LimitedBaker Hughes Inc.Baze ChemicalDoorf Ketal ChemicalsExxonMobil CorporationMCC Chemicals, Inc.Production Chemical GroupSintez Oka Group of Companies
For more information about this report visit https://www.researchandmarkets.com/research/9hnq6m/gas_treatment?w=4
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INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Research and Markets
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PUB: 10/11/2018 05:59 AM/DISC: 10/11/2018 05:59 AM