Brooklyn, NY -- (SBWIRE) -- 02/14/2018 -- QYResearchReports has added a new report, titled "Global Sulphur Recovery Market Size, Status and Forecast 2022."According to the report, sulphur is extensively used across petroleum industries and therefore it has become very important to recover sulphur.
Today sulphur is recovered as a by-product of oil and gas industry followed by coal gasification. Sulphur is recovered by harnessing sulphur from hydrogen sulphide. Sulphur is available in large volumes and is abundant worldwide. It is used in fertilizers, pharmaceuticals, cosmetics, and rubber Industries. Therefore it becomes all the more important to recover sulphur so as to fulfil the growing demand from the aforementioned applications. This is because, the world population is rising at a staggering rate which in turn will create a heightened demand for food. Thus, the soil which will produce food crops needs to be rich with nutrients creating a heightened demand for sulphur. Sulphur deficiency in plants can directly affect the crop yield. Hence sulphur recovery is gaining importance today.
The growing mining sector as well as high demand for farm fertilizers are two important factors which are expected to drive the growth prospects of the sulphur recovery market in the future. The upcoming refineries in Asia Pacific accept Japan as well as the Middle East and Africa region will also inspire sulphur recovery technology plants to be set up. The number of refinery projects across the globe is increasing and this is boding well for the market. On the other hand, the huge gap between demand and supply limits will slow down the demand for sulphur in many developed nations and this will act as a restraining factor for the global sulphur recovery market.
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On the basis of type this market is segmented into claus process and tail gas treatments technology process. While both the segments are doing well, it is anticipated that the demand for tail gas treatment technology will be high in the near future as it boosts plant efficiency and decreases sulphur emissions. The tail gas treatment technology also helps in reducing the operational expenses.
On the basis of geography, the Middle East and Africa is an extremely lucrative market for sulphur recovery. Europe is also anticipated to be an attractive market for sulphur recovery. This is because there are several refinery projects in the European as well as Middle Eastern and African region such as Russia, Kazakhstan, and Saudi Arabia. These nations have abundant oil reserves, are suppliers of oil across the globe, and thus offers lucrative growth opportunities for sulphur recovery technology market.
On the basis of application, the sulphur recovery market can be segmented into chemicals, oil and gas, and others. The leading segment, declining segment, and the fastest growing segment or sub-segments has been pointed out in the report. As such, potential investors, new entrants, and well-established companies within the market all gain from this report by acquiring additional information which is important in order to make profitable business decisions.
The report profiles prominent players within the global sulphur market for the purpose of study. The names of these players are: Royal Dutch Shell plc, Jacobs Engineering Group Plc, Prosernat, John Wood Group Plc, Black and Veath Holding Company, TechnipFMC Plc, KNM Group Berhad, WorleyParsons Ltd., Bechtel Corporation, Exxon Mobil Corporation, GTC Technology, CB&I, KT Kinetics Technology SPA, Linde AG, Fluor Corporation, Chiyoda Corporation.
Read Complete Table of Content of the Report at: https://www.qyresearchreports.com/report/global-sulphur-recovery-market-size-status-and-forecast-2022.htm/toc
Table of Contents
Global Sulphur Recovery Market Size, Status and Forecast 2022
1 Industry Overview of Sulphur Recovery
1.1 Sulphur Recovery Market Overview
1.1.1 Sulphur Recovery Product Scope
1.1.2 Market Status and Outlook
1.2 Global Sulphur Recovery Market Size and Analysis by Regions
1.2.1 United States
1.2.6 Southeast Asia
2 Global Sulphur Recovery Competition Analysis by Players
2.1 Sulphur Recovery Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Jacobs Engineering Group Plc
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Sulphur Recovery Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 John Wood Group Plc
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
4 Global Sulphur Recovery Market Size by Type and Application (2012-2017)
4.1 Global Sulphur Recovery Market Size by Type (2012-2017)
4.2 Global Sulphur Recovery Market Size by Application (2012-2017)
4.3 Potential Application of Sulphur Recovery in Future
4.4 Top Consumer/End Users of Sulphur Recovery
5 United States Sulphur Recovery Development Status and Outlook
5.1 United States Sulphur Recovery Market Size (2012-2017)
5.2 United States Sulphur Recovery Market Size and Market Share by Players (2016 and 2017)
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