New York, NY -- (SBWire) -- 10/23/2018 --Gas Treatment Equipment Market: Introduction
The gas treatment equipment market is driven by the applications in the end-use industries such as sulfur recovery, CO2 capture, and gas sweetening, among others. The continuous market growth for gas treatment equipment is due to cryogenic plants and the latest trend is the shale gas production and distribution. The gas treatment equipment, which are used in the flue gas treatment processes, are robust. They reduce the emission of harmful cryogenic gases.
The natural gases contain higher unsaturated hydrocarbon compounds and also mixture of saturated hydrocarbons. Their presence is harmful in the production and storage units. The industrial plants are adopting new initiatives to reduce the direct gas emission into the environment. Such measures are driving the gas treatment equipment market.
The petrochemical industry for the production of aromatics and styrene uses gas treatment equipment. The noble gas emission from the end-user industries requires gas treatment equipment with modern technology to reduce them in the ambient air. The advancement with new technology in gas treatment equipment for reducing gas emissions from industries is expected to the support the market growth.
Gas Treatment Equipment Market: Dynamics
The gas treatment equipment market is driven by the adoption of such equipment for hydrogen sulfide and carbon dioxide. The emission of H2S and CO2 needs to be regulated and the local government in respective countries have made strict measures to regulate it. The implementation of such regulations in the end-user industries is driving the installation of gas treatment equipment. The gas sweetening process in the end-user industries are creating opportunities for the installation of gas treatment equipment.
The European countries are the primary players for the adoption of such gas treatment equipment as they are obliged to follow the regulations laid by the European Union. The market opportunities for gas treatment equipment market is concentrated in the Northern China and India as the industrial pollution is reaching a new scale. The gas treatment equipment market is gaining growth momentum in the oil and gas industry as the natural gas production and storage operations are getting more facilitated.
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Gas Treatment Equipment Market: Segmentation
The global gas treatment equipment market can be segmented based on application and end users.
On the basis of application, the global gas treatment equipment market is segmented into:
Sulfur recovery
Flue gas treatment
Dehumidification
Gas cleaning
Waste absorbent
Mercury removal
Others
On the basis of end users, the global gas treatment equipment market is segmented into:
Water and wastewater industry
Oil and gas industry
Chemical industry
Petrochemical industry
Mining industry
Power generation industry
Food and Beverages industry
Pharmaceutical industry
Others (Paper and pulp, Cement, Cosmetic industry)
Gas Treatment Equipment Market: Regional Outlook
The developed economies such as the U.S., U.K., Germany, Japan, and other European countries are the primary users of gas treatment equipment. The growth in the water and wastewater treatment applications has driven the gas treatment equipment market in these regions. In the forecast period it is expected that the gas treatment equipment market will have a steady growth in the developing economies such as India, China, Brazil, Malaysia and Indonesia.
The growth in food and beverages and pharmaceutical industry in the APAC region will have a linear growth momentum in the gas treatment equipment market. It is driven by the government regulations for reducing carbon footprints. The SMEs in the APAC region are expected to play a vital role in the growth of the gas treatment equipment market during the forecast period. The key challenge for the growth of gas treatment equipment market is the reduction of coal-fed operation in power stations globally.
Gas Treatment Equipment Market: Key Participants
Examples of some of the key participants in the global gas treatment equipment market are:
Allied Equipment Inc
ATEKO a.s.
DAIICHI JITSUGYO CO., LTD.
EASON INDUSTRIAL ENGINEERING CO., LTD.
Ecolab
Enerprocess
ENERSTENA
ESI.info
Framo (ALFA LAVAL)
Gas Processing Equipment Pvt. Ltd.,
PROSERNAT
PSE Engineering GmbH
SNPO
The Linde Group
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
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The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
Research Offers 10-Year Forecast on Gas Treatment Equipment Market
Fact.MR has announced the addition of the “Gas Treatment Equipment Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028"report to their offering.