The U.S. Environmental Protection Agency (EPA) had thereby issued various standards for acceptable emissions from new as well as the modified SRUs in natural gas production. Under these standards, the volume of the H 2 S concentration of the sour gas stream determines the minimum level of sulfur recovery required. Small natural gas SRUs with low H2 S concentrations are allowed to have lower recovery rates than larger plants with higher concentrations.
The article cited AMA's "Global Sulphur Recovery Technology Market Study" explored CAGR of %. According to the report, The Growing Awareness to Reduce Greenhouse Gas Emissions
is one of the primary growth factors for the market. The Growing Demand For Sulfur across Various Industry Verticals
is also expected to contribute significantly to the Sulphur Recovery Technology market. Overall, applications of Sulphur Recovery Technology, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Capacity, such as Less than 100 t/D, is boosting the Sulphur Recovery Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-Use, such as Fertilizers, is boosting the Sulphur Recovery Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Source, such as Oil Refineries, is boosting the Sulphur Recovery Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Sulphur Recovery Technology market identified that the demand is rising in many different parts of the world as "Growth Opportunities in Farm Fertilizer and Mining Sectors
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Sulphur Recovery Technology market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Sulphur Recovery Technology market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Sulphur Recovery Technology market size is calculated using market estimation process, the Sulphur Recovery Technology market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Sulphur Recovery Technology market size has been validated using both top-down and bottom-up approaches.