Global Sulphur Recovery market is expected to reach 2900 million US$ by the end of 2025
In 2017, the global Sulphur Recovery market size was 1850 million US$ and it is expected to reach 2900 million US$ by the end of 2025, with a CAGR of 5.8% during 2018-2025. https://www.qyresearch.com/index/detail/710248/global-sulphur-recovery-market
In 2017, the global Sulphur Recovery market size was 1850 million US$ and it is expected to reach 2900 million US$ by the end of 2025, with a CAGR of 5.8% during 2018-2025. https://www.qyresearch.com/index/detail/710248/global-sulphur-recovery-market
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<strong>Global</strong> <strong>Sulphur</strong> <strong>Recovery</strong> <strong>market</strong><br />
<strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>2900</strong> <strong>million</strong><br />
<strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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• <strong>Sulphur</strong> recovery <strong>is</strong> defined as <strong>the</strong> conversion <strong>of</strong> hydrogen sulfide<br />
<strong>to</strong> elemental sulphur. Hydrogen sulfide <strong>is</strong> one <strong>of</strong> <strong>the</strong> major <strong>by</strong>products<br />
<strong>of</strong> processing high sulphur crude oils and natural gas.<br />
Increasing focus on regulations <strong>to</strong> reduce levels <strong>of</strong> sulphur in<br />
products and lower sulphur em<strong>is</strong>sions has in turn resulted in<br />
increase in demand for deployment <strong>of</strong> sulphur recovery technologies.<br />
<strong>Sulphur</strong> recovery technologies are mainly based on two processes:<br />
Claus and Claus Process and Tail Gas Treatment process.<br />
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According <strong>to</strong> QYR’s analysts, <strong>the</strong> concentration <strong>of</strong> <strong>Sulphur</strong> <strong>Recovery</strong> industry<br />
<strong>is</strong> relative low. The <strong>to</strong>p ten companies accounted for about 66% supply <strong>market</strong><br />
share in 2017. The major supply regions mainly locate in Middle East & Africa.<br />
And <strong>the</strong> major suppliers include Jacobs Engineering Group, Chiyoda<br />
Corporation, Amec Foster Wheeler, Technip FMC, and o<strong>the</strong>rs.<br />
All Claus units involve an initial combustion step in a furnace. The combustion<br />
products <strong>the</strong>n pass through a series <strong>of</strong> catalytic converters, each <strong>of</strong> which<br />
produces elemental sulfur. The Claus process cons<strong>is</strong>ts <strong>of</strong> <strong>the</strong> vaporphase<br />
oxidation <strong>of</strong> hydrogen sulfide <strong>to</strong> form water and elemental sulfur.<br />
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• There are companies adding new capacities and aim at <strong>the</strong><br />
cost and quality leadership which shall improve<br />
pr<strong>of</strong>itability. As <strong>the</strong> same time, companies are focusing on<br />
technological innovation, equipment upgrades, and process<br />
improvements, <strong>to</strong> reduce costs and improve quality. The<br />
competition in <strong>Sulphur</strong> <strong>Recovery</strong> <strong>market</strong> will become more<br />
intense. Th<strong>is</strong> <strong>is</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>Sulphur</strong> <strong>Recovery</strong> report.<br />
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In 2017, <strong>the</strong> global <strong>Sulphur</strong> <strong>Recovery</strong> <strong>market</strong> size was 1850<br />
<strong>million</strong> <strong>US$</strong> and it <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>2900</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong><br />
<strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong>, with a CAGR <strong>of</strong> 5.8% during 2018-<strong>2025</strong>.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/710248/globalsulphur-recovery-<strong>market</strong><br />
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