The Gas Treatment Market Global Industry size was valued USD 3.56 billion in 2017 and is projected to reach USD 4.96 billion by 2023, at a CAGR of 5.7% between 2018 and 2023. In this study, 2017 has been considered as the base year, while 2018–2023 is considered as the forecast period.
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The main objective of this study is to define, describe, and forecast the gas treatment market based on type, application, and region. In this report, the gas treatment market has been studied for North America, Europe, APAC, the Middle East, CIS & Africa, and South America. The report includes detailed information about the major factors such as drivers, opportunities, and restraints influencing the growth of the market. The report strategically analyzes market segments with respect to individual growth trends, growth prospects, and contribution to the overall gas treatment market.
In this report, the size of the gas treatment market and its different segments have been derived from various research methodologies. In the secondary research process, different sources have been referred to identify and collect information for this study on the gas treatment market. These secondary sources include annual reports, press releases, and investor presentations of companies; associations such as US Oil & Gas Association, International Association of Oil & Gas Producers (IOGP); and white papers, certified publications, and articles from recognized authors.
In the primary research process, sources from both supply- and demand-side have been interviewed to obtain qualitative and quantitative information regarding the gas treatment market. Bottom-up and top-down approaches have been used to estimate the market size, in terms of value. With the data triangulation procedure and validation of data through primaries, the exact sizes of the overall parent market and individual markets have been determined and confirmed in this study on the gas treatment market.
The gas treatment market includes raw material suppliers, manufacturers of gas treatment, and end users. DowDuPont Inc. (US), Huntsman International LLC (US), BASF SE (Germany), Ecolab Inc., and Berryman Chemicals Inc. (US) are the leading players operating in the gas treatment market.
The stakeholders in the gas treatment market are as follows:
- Crude oil producers
- Natural gas producers and processors
- Amine manufacturers
- Glycol manufacturers
- Oil & gas associations
- Distributors of amines and glycols
- Suppliers of raw materials
- Environment Support Agencies
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List of Figures (32 Figures):
Figure 1 Gas Treatment Market Segmentation
Figure 2 Gas Treatment Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Gas Treatment Market: Data Triangulation
Figure 6 Amines to Be the Largest Type of Gas Treatment
Figure 7 Acid Gas Removal to Be the Largest Application of Gas Treatment
Figure 8 APAC Gas Treatment Market to Register the Highest CAGR
Figure 9 Amines Was the Largest Type in the Gas Treatment Market in 2017
Figure 10 Non-Amines to Be the Fastest-Growing Type During the Forecast Period
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