Chapter 1 Preface 15
1.1 Report Description 15
1.1.1 Purpose of the Report 15
1.1.2 Target Audience 15
1.1.3 USP and Key Offerings 15
1.2 Research Scope 16
1.3 Research Methodology 17
1.3.1 Phase I – Secondary Research 17
1.3.2 Phase II – Primary Research 18
1.3.3 Top Down & Bottom Up Approach 18
1.3.3.1 Top-Down Approach 18
1.3.3.2 Bottom-Up Approach 19
1.3.4 Phase III – Expert Panel Review 19
1.3.5 Assumptions 19
1.4 Market Segmentation 21
Chapter 2 Executive Summary 22
2.1 Overview 22
2.2 Market Snapshot: Global SRT Market 23
2.3 Global SRT Market Value, by Technology, 2017 (US$ Mn) 24
2.4 Global SRT Market Value, by Source of Recovery, 2017 (US$ Mn) 25
2.5 Global SRT Market Value, by Capacity, 2017 (US$ Mn) 26
2.6 Global SRT Market Value, by Geography, 2017 (US$ Mn) 27
Chapter 3 Market Overview 28
3.1 Introduction 28
3.2 Market Dynamics 30
3.2.1 Market Drivers 30
3.2.1.1 Stringent Environmental Regulations for Sulfur Emission 30
3.2.1.2 Adoption of Advanced in Sulfur Recovery Technologies, in Oil and Gas Sector 32
3.2.2 Challenges 32
3.2.2.1 High Operational Expenditure Associated with Multistage Claus Process 32
3.2.3 Opportunities 33
3.2.3.1 Refineries are Adopting Specialized Tail Gas Treatment Recovery Process 33
3.2.3.2 Growing Demand for Sulfur among End-Application Industries 33
3.3 Impact Analysis of Drivers, Challenges and Opportunities During the Forecast Period 34
3.4 Attractive Investment Proposition, by Geography, 2016 35
3.5 Market Positioning of Key Players 36
Chapter 4 Global Sulfur Recovery Technology (SRT) Market, by Technology 37
4.1 Overview 37
4.1.1 Global SRT Market Value, by Technology, 2017 & 2026 (Share, %) 38
4.2 Claus Process 38
4.2.1 Global SRT Market Value (US$ Mn), by Claus Process Technology, 2016 – 2026 39
4.3 Tail Gas Treatment 40
4.3.1 Global SRT Market Value (US$ Mn), by Tail Gas Treatment Technology, 2016 – 2026 41
4.4 ‘Others’ (Tail Gas Incineration, Liquid RedOX Sulfur Removal & Recovery, etc.) 42
4.4.1 Global SRT Market Value (US$ Mn), by Other Technology, 2016 – 2026 43
Chapter 5 Global Sulfur Recovery Technology (SRT) Market, By Source Of Recovery 44
5.1 Overview 44
5.1.1 Global SRT Market Value, by Source of Recovery, 2017 & 2026 (Share, %) 44
5.1.2 Global SRT Market Value (US$ Mn), by Source of Recovery, 2016-2026 45
5.2 Oil & Gas 45
5.2.1 Global SRT Market Value (US$ Mn), By Oil & Gas, 2016 – 2026 46
5.3 Other Source (Sulfur Mining, Coal Gasification, etc.) 47
5.3.1 SRT Market Value (US$ Mn), By Other Source, 2016 – 2026 47
Chapter 6 Global Sulfur Recovery Technology (SRT) Market, by Capacity 48
6.1 Overview 48
6.1.1 Global SRT Market Value, by Capacity, 2017 & 2026 (Share, %) 48
6.2 ‘Up to 100 t/d’ (tons per day) 49
6.2.1 Global SRT Market Value (US$ Mn), by ‘Up to 100 t/d’ Capacity, 2016 – 2026 49
6.3 101-200 t/d (tons per day) 50
6.3.1 Global SRT Market Value (US$ Mn), by 101-200 t/d, 2016 – 2026 50
6.4 201-300 t/d (tons per day) 51
6.4.1 Global SRT Market Value (US$ Mn), by 201-300 t/d Capacity, 2016 – 2026 51
6.5 ‘Above 300 t/d’ (tons per day) 52
6.5.1 Global SRT Market Value (US$ Mn), by ‘Above 300 t/d’ Capacity, 2016 – 2026 52
Chapter 7 Global Sulfur Recovery Technology (SRT) Market, by Geography 53
7.1 Overview 53
7.1.1 Global SRT Market Value Share (%), by Geography, 2017 & 2026 54
7.1.2 Global SRT Market Value (US$ Mn), by Geography, 2016-2026 54
7.2 North America 55
7.2.1 North America Sulfur Production, by Source, 2017 (Share, %) 55
7.2.2 North America SRT Market Value (US$ Mn), 2016 – 2026 56
7.2.3 North America SRT Market Value (US$ Mn), by Technology, 2016 – 2026 56
7.2.4 North America SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 57
7.2.5 North America SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 57
7.2.6 North America SRT Market Value (US$ Mn), by Country, 2016 – 2026 58
7.3 Europe 59
7.3.1 Number of Refineries and Their Percentage Capacity in EU, 2017 59
7.3.2 Europe SRT Market Value (US$ Mn), 2016 – 2026 60
7.3.3 Europe SRT Market Value (US$ Mn), by Technology, 2016 – 2026 61
7.3.4 Europe SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 61
7.3.5 Europe SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 62
7.3.6 Europe SRT Market Value (US$ Mn), by Country, 2016 – 2026 62
7.4 Asia Pacific 63
7.4.1 Asia-Pacific Refining Capacity and Announced Expansions (million b/d) 63
7.4.2 Asia Pacific SRT Market Value (US$ Mn), 2016 – 2026 64
7.4.3 Asia Pacific SRT Market Value (US$ Mn), by Technology, 2016 – 2026 64
7.4.4 Asia Pacific SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 65
7.4.5 Asia Pacific SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 65
7.4.6 Asia Pacific SRT Market Value (US$ Mn), by Country, 2016 – 2026 66
7.5 Latin America 67
7.5.1 Latin America SRT Market Value (US$ Mn), 2016 – 2026 68
7.5.2 Latin America SRT Market Value (US$ Mn), by Technology, 2016 – 2026 68
7.5.3 Latin America SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 69
7.5.4 Latin America SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 69
7.5.5 Latin America SRT Market Value (US$ Mn), by Country, 2016 – 2026 70
7.6 Middle East & Africa 71
7.6.1 Middle East & Africa SRT Market Value (US$ Mn), 2016 – 2026 71
7.6.2 Middle East & Africa SRT Market Value (US$ Mn), by Technology, 2016 – 2026 72
7.6.3 Middle East & Africa SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 72
7.6.4 Middle East & Africa SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 73
7.6.5 Middle East & Africa SRT Market Value (US$ Mn), by Country, 2016 – 2026 73
Chapter 8 Company Profiles 74
8.1 Jacobs Engineering Group Inc. 74
8.2 The Linde Group 77
8.3 EXXON MOBIL CORPORATION 80
8.4 Royal Dutch Shell Plc 83
8.5 John Wood Group Plc. 86
8.6 Amec Foster Wheeler 89
8.7 Black & Veatch Holding Company 92
8.8 Chiyoda Corporation 94
8.9 Fluor Corporation 97
8.10 GTC Technology US, LLC 100
8.11 CHICAGO BRIDGE & IRON COMPANY N.V. 102
8.12 BASF SE 105
8.13 Praxair, Inc 108
8.14 Phoenix Equipment Corporation 111
List of Figures
FIG. 1 Global Sulfur Recovery Technology (SRT) Market: Research Methodology 17
FIG. 2 Global SRT Market Segmentation 21
FIG. 3 Global SRT Market Value, by Technology, 2017 (US$ Mn) 24
FIG. 4 Global SRT Market Value, by Source of Recovery, 2017 (US$ Mn) 25
FIG. 5 Global SRT Market Value, by Capacity, 2017 (US$ Mn) 26
FIG. 6 Global SRT Market Value, by Geography, 2017 (US$ Mn) 27
FIG. 7 Attractive Investment Proposition, by Geography, 2017 35
FIG. 8 Global Market Positioning of Key Sulfur Recovery Technology Manufacturers, 2017 36
FIG. 9 Global SRT Market Value, by Technology, 2017 & 2026 (Share, %) 38
FIG. 10 Global SRT Market Value (US$ Mn), by Claus Process, 2016 – 2026 39
FIG. 11 Global SRT Market Value (US$ Mn), by Tail Gas Treatment Technology, 2016 – 2026 41
FIG. 12 Global SRT Market Value (US$ Mn), by Other Technology, 2016 – 2026 43
FIG. 13 Global SRT Market Value, by Source of Recovery, 2017 & 2026 (Share, %) 44
FIG. 14 Global SRT Market Value (US$ Mn), By Oil & Gas, 2016 – 2026 46
FIG. 15 Global SRT Market Value (US$ Mn), By Other Source, 2016 – 2026 47
FIG. 16 Global SRT Market Value, by Capacity, 2017 & 2026 (Share, %) 48
FIG. 17 Global SRT Market Value (US$ Mn), by ‘Up to 100 t/d’, 2016 – 2026 49
FIG. 18 Global SRT Market Value (US$ Mn), by 101-200 t/d, 2016 – 2026 50
FIG. 19 Global SRT Market Value (US$ Mn), by 201-300 t/d Capacity, 2016 – 2026 51
FIG. 20 Global SRT Market Value (US$ Mn), by ‘Above 300 t/d’ Capacity, 2016 – 2026 52
FIG. 21 Global SRT Market Value Share (%), by Geography, 2017 & 2026 54
FIG. 22 North America Sulfur Production, by Source, 2017 (Share, %) 55
FIG. 23 North America SRT Market Value (US$ Mn), 2016 – 2026 56
FIG. 24 Number of Refineries and Their Percentage Capacity in EU, 2017 59
FIG. 25 Europe SRT Market Value (US$ Mn), 2016 – 2026 60
FIG. 26 Asia-Pacific Refining Capacity and Announced Expansions (million b/d) 63
FIG. 27 Asia Pacific SRT Market Value (US$ Mn), 2016 – 2026 64
FIG. 28 Latin America SRT Market Value (US$ Mn), 2016 – 2026 68
FIG. 29 Middle East & Africa SRT Market Value (US$ Mn), 2016 – 2026 71a
List of Tables
TABLE 1 Market Snapshot: Global Sulfur Recovery Technology (SRT) Market 23
TABLE 2 Impact Indicators 34
TABLE 3 Impact Analysis of Drivers, Challenges and Opportunities 34
TABLE 4 Global SRT Market Value (US$ Mn), by Source of Recovery, 2016-2026 45
TABLE 5 Global SRT Market Value (US$ Mn), by Geography, 2016-2026 54
TABLE 6 North America SRT Market Value (US$ Mn), by Technology, 2016 – 2026 56
TABLE 7 North America SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 57
TABLE 8 North America SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 57
TABLE 9 North America SRT Market Value (US$ Mn), by Country, 2016 – 2026 58
TABLE 10 Europe SRT Market Value (US$ Mn), by Technology, 2016 – 2026 61
TABLE 11 Europe SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 61
TABLE 12 Europe SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 62
TABLE 13 Europe SRT Market Value (US$ Mn), by Country, 2016 – 2026 62
TABLE 14 Asia Pacific SRT Market Value (US$ Mn), by Technology, 2016 – 2026 64
TABLE 15 Asia Pacific SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 65
TABLE 16 Asia Pacific SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 65
TABLE 17 Asia Pacific SRT Market Value (US$ Mn), by Country, 2016 – 2026 66
TABLE 18 Latin America SRT Market Value (US$ Mn), by Technology, 2016 – 2026 68
TABLE 19 Latin America SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 69
TABLE 20 Latin America SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 69
TABLE 21 Latin America SRT Market Value (US$ Mn), by Country, 2016 – 2026 70
TABLE 22 Middle East & Africa SRT Market Value (US$ Mn), by Technology, 2016 – 2026 72
TABLE 23 Middle East & Africa SRT Market Value (US$ Mn), by Source of Recovery, 2016 – 2026 72
TABLE 24 Middle East & Africa SRT Market Value (US$ Mn), by Capacity, 2016 – 2026 73
TABLE 25 Middle East & Africa SRT Market Value (US$ Mn), by Country, 2016 – 2026 73
TABLE 26 Jacobs Engineering Group Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 74
TABLE 27 The Linde Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 77
TABLE 28 EXXON MOBIL CORPORATION: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 80
TABLE 29 Royal Dutch Shell plc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 83
TABLE 30 John Wood Group Plc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 86
TABLE 31 Amec Foster Wheeler: Company Snapshot (Business Description; Product Portfolio; Financial Information; Recent Development/Business Strategies) 89
TABLE 32 Black & Veatch Holding Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Recent Developments/Business Strategies) 92
TABLE 33 Chiyoda Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Recent Developments/Business Strategies) 94
TABLE 34 Fluor Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 97
TABLE 35 GTC Technology US, LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Recent Development/Business Strategies) 100
TABLE 36 Chicago Bridge & Iron Company N.V. : Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 102
TABLE 37 BASF SE: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 105
TABLE 38 Praxair, Inc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 108
TABLE 39 Phoenix Equipment Corporation.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies) 111