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Gas Treating Amine Market Share

Report ID: GMI9109
Published Date: Apr 2024
Report Format: PDF

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Gas Treating Amine Market Share

The substantial growth of the Dow Chemical Company, BASF SE, Huntsman Corporation, Shell Chemicals, and Mitsubishi Gas Chemical Company collectively represent some of the most prominent players in the Market. These companies play crucial roles in providing a wide range of chemicals, solutions, and expertise essential for gas purification and processing operations across various industries. Dow Chemical Company and BASF SE, for instance, offer comprehensive portfolios of amines, solvents, and catalysts tailored for acid gas removal, CO2 capture, and other gas treatment processes.

Huntsman Corporation contributes to the market with its specialized gas treating amines utilized in natural gas processing, refining, and petrochemical applications. Shell Chemicals is renowned for its extensive range of gas treating products, including amines, solvents, and adsorbents, crucial for acid gas removal, sulfur recovery, and CO2 capture. Mitsubishi Gas Chemical Company also plays a significant role by providing a variety of amines and specialty chemicals essential for gas purification and CO2 removal in industries such as oil and gas, power generation, and chemicals. Collectively, these companies drive innovation, provide reliable solutions, and contribute to the growth and advancement of the market on a global scale.

Gas Treating Amine Market Companies

Major players operating in the gas treating amine industry include:

Air Products and Chemicals, Inc.
Arkema Group
BASF SE
Chevron Phillips Chemical Company LLC
Clariant AG
Dow Chemical Company
Evonik Industries AG
ExxonMobil Corporation
Huntsman Corporation
INEOS Group Holdings S.A.
Linde plc
Mitsubishi Gas Chemical Company
Nalco Champion (Ecolab Inc.)
SABIC (Saudi Basic Industries Corporation)
Shell Chemicals

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

Gas treating amine market size was valued at USD 3.19 billion in 2023 and will demonstrate a 7.4% CAGR from 2024 to 2032, attributed to its vital role in ensuring the quality, safety, and adherence to environmental standards of gas streams utilized across various industries.

Gas treating amine industry from the natural gas sweetening application segment recorded 30.4% revenue share in 2023 due to global shift towards cleaner energy sources.

Asia Pacific gas treating amine market size captured USD 1.14 billion in 2023 and will record 2.23 billion by 2032, driven by robust industrial growth and increasing investments in infrastructure projects, the expanding oil and gas sector, coupled with ongoing R&D investments.

Prominent companies including, BASF SE, Chevron Phillips Chemical Company LLC, Clariant AG, Dow Chemical Company, Evonik Industries AG, ExxonMobil Corporation, Huntsman Corporation, INEOS Group Holdings S.A., Mitsubishi Gas Chemical Company, SABIC (Saudi Basic Industries Corporation), and Shell Chemicals, are operating in the gas treating amine industry.