Sulfur Recovery Technology Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, Canada, China, Japan, Germany - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 189 SKU: IRTNTR77148

Sulfur Recovery Technology Market Forecast 2024-2028

The sulfur recovery technology market size is forecast to increase by USD 2.77 billion, at a CAGR of 9.43% between 2023 and 2028. The growth rate of the market depends on several factors, including the stringent emissions standards to curb sulfur dioxide emissions, the increasing demand for petroleum products, and the increased adoption of technologies in emerging economies.

What will be the Market Size During the Forecast Period?

Request Free Sample in PDF

Key Drivers, Trends, Challenges 

Key Driver

One of the key factors driving the growth is the increased adoption of sulfur recovery technologies in emerging economies. The rising adoption of technologies in emerging economies is a notable trend fuelled by the growing industrialization and economic development in these regions. In addition, as emerging economies expand their industrial activities, there is a simultaneous rise in the utilization of oil, natural gas, and other sulfur-containing commodities. Furthermore, this surge in industrial output necessitates effective sulfur removal processes to comply with stringent environmental regulations and address the escalating concerns about air quality.

For instance, countries in the Asia-Pacific region, such as China and India, are experiencing rapid industrial development, accompanied by a rising demand for energy resources. In addition, as these nations increase their oil refining and natural gas processing capacities, the need for efficient sulfur recovery technologies becomes paramount.  Furthermore, the adoption of these technologies is not only driven by regulatory compliance but also by a proactive approach to mitigating environmental impact and promoting sustainable industrial practices. Therefore, it is fuelling the demand for sulfur recovery technology. Hence, such factors are driving the market growth during the forecast period.

Key Trends

A key trend shaping the growth is the rising focus on offering tailored sulfur recovery solutions. The global market is witnessing a transition toward tailored solutions, reflecting a departure from generic approaches to more customized applications. In addition, this trend responds to the diverse and unique requirements of different industries and applications. Furthermore, market players are increasingly recognizing the importance of offering solutions that can be adapted to specific operational challenges and environmental conditions faced by their clients.

For example, leading companies such as Kinetics Technology Spa have demonstrated a commitment to providing tailored sulfur recovery solutions. In addition, utilizing proprietary technologies in Gas Sweetening and Tail Gas Treatment (RAR Technology), customized engineering solutions are offered to ensure compliance with the most stringent environmental regulations. Furthermore, tailored solutions often involve a mix of advanced technologies, including innovative catalysts, process optimization strategies, and digital integration, to meet the unique demands of each client.

Key Challenge

High initial costs associated with the setup of sulfur recovery units are one of the key challenges hindering market growth. The implementation of sulfur recovery units and technologies comprises substantial upfront investments in equipment, engineering, and installation, making it a capital-intensive endeavor. For example, the cost of installing this unit in a refinery can range from several million to tens of millions of dollars, depending on the scale and complexity of the facility.

Moreover, the installation of a new 100-ton-per-day sulfur recovery unit (SRU), achieving a 98.5% sulfur recovery, cost can range from USD25 million to USD30 million. In addition, the high initial costs are primarily attributed to the sophisticated equipment required for efficient sulfur recovery, including amine treating units, Claus units, and tail gas treatment units. Furthermore, the need for specialized engineering services to design and integrate these units into existing industrial processes contributes to the overall expense. Hence, such factors are hindering the market growth during the forecast period.

Market Segmentation by Technology, Application, and Geography

Sulfur Recovery Technology Market Analysis 

The claus process segment is estimated to witness significant growth during the forecast period. This segment is a highly effective method for extracting elemental sulfur from hydrogen sulfide (H2S) gas streams, which is widely utilized in refineries, natural gas processing plants, and various facilities dealing with H2S gas. In addition, this process plays a vital role in mitigating sulfur emissions, ensuring environmental compliance, and yielding valuable elemental sulfur.

Furthermore, the catalyst employed in the Claus process is commonly alumina-based, comprising aluminum oxide combined with other substances such as titanium oxide. The market growth and forecasting for the claus process segment align with the increasing demand for efficient sulfur extraction methods and the growing emphasis on environmental sustainability, as indicated by market growth and trends in the industry. Moreover, market analysis and market analysis and report indicate a positive outlook for the expansion of the claus process segment in the foreseeable future.

Get a glance at the market contribution of the End User segment Request Free Sample

The claus process segment was the largest segment and was valued at USD 1.99 billion in 2018. Moreover, these additional components assist in facilitating the desired chemical reactions during the Claus process. In addition, meticulous selection of the catalyst is essential to achieve optimal performance and enhance process economics. Furthermore, this process comprises two primary stages, mainly, the partial oxidation of H2S to generate sulfur dioxide (SO2) and the catalyzed reaction of the remaining H2S with SO2, resulting in the formation of elemental sulfur. In addition, the Claus process is employed by refineries to recover elemental sulfur from gas streams containing hydrogen sulfide (H2S) generated during the crude oil refining process. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period. 

Market Application Analysis 

Based on the application, the segment is classified into oil and gas, chemical processing, power generation and metal processing, and others. The oil and gas segment will account for the largest share of this segment. The oil and gas sector is one of the primary end-users of technologies, playing a crucial role in managing sulfur-containing compounds generated during the extraction, refining, and processing of hydrocarbons. In addition, leading oil-producing countries globally heavily rely on sulfur recovery technologies to address environmental concerns, comply with regulations, and optimize their operations. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Market Analyst Overview

The sulfur recovery technology market plays a vital role in the chemical industry and refinery operations by addressing

the challenge of gas emissions containing acid gas, which can be harmful to the environment. Utilizing desulfurization techniques, this market focuses on enhancing recovery efficiency while minimizing environmental impact.

Sulfur recovery technology is essential for various industrial applications, including sulfuric acid production and flue gas desulfurization. As the demand for renewable energy rises, efficient sulfur recovery becomes increasingly important.

Stakeholders in the sulfur recovery technology market closely monitor market trends and analysis to identify growth opportunities and navigate evolving industry dynamics. Through market research and growth initiatives, they aim to capitalize on emerging trends and innovations. Strategic decision-making is supported by market forecasting insights and market analysis reports, ensuring sustainable growth and development within the industry.

Market Region Analysis

APAC is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions Request Free Sample

Some of the largest economies in the world that have been at the forefront of this growth, driving significant demand for advanced sulfur removal processes include China and India. In addition, the drivers behind the adoption of technologies in the APAC region are multifaceted. Moreover, first and foremost, the increasing energy demands in the region, driven by population growth and urbanization, have resulted in a greater reliance on oil and gas resources. Thus, oil refineries and natural gas processing plants are integral components of the APAC industrial landscape, intensifying the need for advanced sulfur recovery processes to comply with environmental regulations and ensure sustainable industrial practices. Hence, such factors are driving the market growth in APAC during the forecast period.

Key Market Companies

Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

Air Liquide SA: The company offers sulfur recovery technology namely OxyClaus technology which is a cost-effective solution to increase the capacity of existing Sulfur Recovery Units (SRU) up to 200 percent, with two separate combustion zones it ensures the complete combustion of impurities such as RSH, NH3 or hydrocarbons.

The market research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including: 

Axens, BASF SE, Bechtel Corp., Black and Veatch Holding Co., Chiyoda Corp., Exxon Mobil Corp., Fluor Corp., Honeywell International Inc., Jacobs Solutions Inc., John Wood Group PLC, Kinetics Technology Spa, Linde Plc, Maire Tecnimont SpA, Merichem Co., Nuberg EPC, Phoenix Equipment Corp., Shell plc, Sulfur Recovery Engineering, Sulzer Management Ltd., Technip Energies N.V., TechnipFMC plc, Thermax Ltd., Topsoes AS, and Worley

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Technology Outlook 
    • Claus process
    • Tail gas treatment
    • Others
  • Application Outlook
    • Oil and gas
    • Chemical processing
    • Power generation
    • Metal processing and others
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Sulfur Recovery Technology Market Scope

Report Coverage

Details

Page number

189

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.43%

Market Growth 2024-2028

USD 2.77 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

8.98

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 45%

Key countries

US, Canada, China, Japan, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Air Liquide SA, Axens, BASF SE, Bechtel Corp., Black and Veatch Holding Co., Chiyoda Corp., Exxon Mobil Corp., Fluor Corp., Honeywell International Inc., Jacobs Solutions Inc., John Wood Group PLC, Kinetics Technology Spa, Linde Plc, Maire Tecnimont SpA, Merichem Co., Nuberg EPC, Phoenix Equipment Corp., Shell plc, Sulfur Recovery Engineering, Sulzer Management Ltd., Technip Energies N.V., TechnipFMC plc, Thermax Ltd., Topsoes AS, and Worley

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request Free Sample

What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about market growth analysis and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of the technology market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global sulfur recovery technology market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global sulfur recovery technology market 2018 - 2022 ($ billion)
    • 4.2 Technology Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Technology Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)
    • 6.2 Comparison by Technology
      • Exhibit 32: Chart on Comparison by Technology
      • Exhibit 33: Data Table on Comparison by Technology
    • 6.3 Claus process - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Claus process - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Claus process - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Claus process - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Claus process - Year-over-year growth 2023-2028 (%)
    • 6.4 Tail gas treatment - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Tail gas treatment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Tail gas treatment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Tail gas treatment - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Tail gas treatment - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Technology
      • Exhibit 46: Market opportunity by Technology ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Technology ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Oil and gas - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Oil and gas - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
    • 7.4 Chemical processing - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Chemical processing - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Chemical processing - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Chemical processing - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Chemical processing - Year-over-year growth 2023-2028 (%)
    • 7.5 Power generation - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Power generation - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
    • 7.6 Metal processing and others - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Metal processing and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Metal processing and others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Metal processing and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Metal processing and others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 68: Market opportunity by Application ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Air Liquide SA
              • Exhibit 123: Air Liquide SA - Overview
              • Exhibit 124: Air Liquide SA - Business segments
              • Exhibit 125: Air Liquide SA - Key offerings
              • Exhibit 126: Air Liquide SA - Segment focus
            • 12.4 BASF SE
              • Exhibit 127: BASF SE - Overview
              • Exhibit 128: BASF SE - Business segments
              • Exhibit 129: BASF SE - Key news
              • Exhibit 130: BASF SE - Key offerings
              • Exhibit 131: BASF SE - Segment focus
            • 12.5 Bechtel Corp.
              • Exhibit 132: Bechtel Corp. - Overview
              • Exhibit 133: Bechtel Corp. - Product / Service
              • Exhibit 134: Bechtel Corp. - Key news
              • Exhibit 135: Bechtel Corp. - Key offerings
            • 12.6 Black and Veatch Holding Co.
              • Exhibit 136: Black and Veatch Holding Co. - Overview
              • Exhibit 137: Black and Veatch Holding Co. - Product / Service
              • Exhibit 138: Black and Veatch Holding Co. - Key offerings
            • 12.7 Chiyoda Corp.
              • Exhibit 139: Chiyoda Corp. - Overview
              • Exhibit 140: Chiyoda Corp. - Business segments
              • Exhibit 141: Chiyoda Corp. - Key offerings
              • Exhibit 142: Chiyoda Corp. - Segment focus
            • 12.8 Exxon Mobil Corp.
              • Exhibit 143: Exxon Mobil Corp. - Overview
              • Exhibit 144: Exxon Mobil Corp. - Business segments
              • Exhibit 145: Exxon Mobil Corp. - Key news
              • Exhibit 146: Exxon Mobil Corp. - Key offerings
              • Exhibit 147: Exxon Mobil Corp. - Segment focus
            • 12.9 Fluor Corp.
              • Exhibit 148: Fluor Corp. - Overview
              • Exhibit 149: Fluor Corp. - Business segments
              • Exhibit 150: Fluor Corp. - Key offerings
              • Exhibit 151: Fluor Corp. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 152: Honeywell International Inc. - Overview
              • Exhibit 153: Honeywell International Inc. - Business segments
              • Exhibit 154: Honeywell International Inc. - Key news
              • Exhibit 155: Honeywell International Inc. - Key offerings
              • Exhibit 156: Honeywell International Inc. - Segment focus
            • 12.11 Jacobs Solutions Inc.
              • Exhibit 157: Jacobs Solutions Inc. - Overview
              • Exhibit 158: Jacobs Solutions Inc. - Business segments
              • Exhibit 159: Jacobs Solutions Inc. - Key offerings
              • Exhibit 160: Jacobs Solutions Inc. - Segment focus
            • 12.12 John Wood Group PLC
              • Exhibit 161: John Wood Group PLC - Overview
              • Exhibit 162: John Wood Group PLC - Business segments
              • Exhibit 163: John Wood Group PLC - Key offerings
              • Exhibit 164: John Wood Group PLC - Segment focus
            • 12.13 Linde Plc
              • Exhibit 165: Linde Plc - Overview
              • Exhibit 166: Linde Plc - Business segments
              • Exhibit 167: Linde Plc - Key news
              • Exhibit 168: Linde Plc - Key offerings
              • Exhibit 169: Linde Plc - Segment focus
            • 12.14 Shell plc
              • Exhibit 170: Shell plc - Overview
              • Exhibit 171: Shell plc - Business segments
              • Exhibit 172: Shell plc - Key offerings
              • Exhibit 173: Shell plc - Segment focus
            • 12.15 Sulzer Management Ltd.
              • Exhibit 174: Sulzer Management Ltd. - Overview
              • Exhibit 175: Sulzer Management Ltd. - Business segments
              • Exhibit 176: Sulzer Management Ltd. - Key news
              • Exhibit 177: Sulzer Management Ltd. - Key offerings
              • Exhibit 178: Sulzer Management Ltd. - Segment focus
            • 12.16 TechnipFMC plc
              • Exhibit 179: TechnipFMC plc - Overview
              • Exhibit 180: TechnipFMC plc - Business segments
              • Exhibit 181: TechnipFMC plc - Key news
              • Exhibit 182: TechnipFMC plc - Key offerings
              • Exhibit 183: TechnipFMC plc - Segment focus
            • 12.17 Worley
              • Exhibit 184: Worley - Overview
              • Exhibit 185: Worley - Business segments
              • Exhibit 186: Worley - Key offerings
              • Exhibit 187: Worley - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 188: Inclusions checklist
                • Exhibit 189: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 190: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 191: Research methodology
                • Exhibit 192: Validation techniques employed for market sizing
                • Exhibit 193: Information sources
              • 13.5 List of abbreviations
                • Exhibit 194: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              sulfur recovery technology market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis