Global Sulphur Recovery Market Growth (Status and Outlook) 2023-2029

Global Sulphur Recovery Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Sulphur Recovery Industry Forecast” looks at past sales and reviews total world Sulphur Recovery sales in 2022, providing a comprehensive analysis by region and market sector of projected Sulphur Recovery sales for 2023 through 2029. With Sulphur Recovery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sulphur Recovery industry.

This Insight Report provides a comprehensive analysis of the global Sulphur Recovery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sulphur Recovery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sulphur Recovery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sulphur Recovery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sulphur Recovery.

The global Sulphur Recovery market size is projected to grow from US$ 2257.9 million in 2022 to US$ 3398.8 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.

Middle East & Africa is the largest region of Sulphur Recovery, with a market share about 30%. It was followed by Europe with 25%. Jacobs Engineering Group, Chiyoda Corporation, Amec Foster Wheeler, Technip FMC and Worley Parsons Ltd are the top 5 manufacturers of industry, and they had about 50% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Sulphur Recovery market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Claus Process

Claus Process and Tail Gas Treatment

Segmentation by application

Petroleum and Coke

Natural Gas

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Jacobs Engineering Group

Chiyoda Corporation

Amec Foster Wheeler

Technip FMC

Worley Parsons Ltd

Linde AG

Fluor Corporation

KT-Kinetics Technology SpA

GTC Technology US

Heurtey Petrochem

McDermott

Sunway Petrochemical Engineering

Please note: The report will take approximately 2 business days to prepare and deliver.