Gas Treating Amine Market - Top Companies and Manufacturers

Companies Dominating the Gas Treating Amine Landscape

The global gas treating amine market is poised to register a profitable growth curve during the forecast period. The market is characterized by global and local player vying to increase their profit share. Key market players are positioned to provide effective gas treating solutions with amine-based formulations along with investments in research and acquisitions to improve their market share.

Here are some key players in the market:

GE Vernova
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BASF
Schlumberger NV
Amines & Plasticizers Ltd.
Shell Global
ExxonMobil Corporation
Dow Chemical Company
Air Products and Chemicals, Inc.
Evonik
Chevron Phillips Chemical Company LLC
Arkema
Huntsman Corporation
Axens
Pall Corporation

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Gas Treating Amine Market Size & Share - Forecast Report 2037

In the News

In May 2024, Global Energy reported that global gas-fired power generation grew by 0.8% in 2023. The increase was led by the United States with an increase of 115 TWh and China with 25 TWh.
In February 2022, the U.S. Department of Energy awarded USD 5.7 million for a GE-led carbon capture technology integration project targeted to achieve a 95% reduction of carbon emissions.

Frequently Asked Questions (FAQ)

The gas treating amine market registered a profitable valuation of USD 3.4 billion in 2024 and is poised to expand at a profitable CAGR of 7.7% during the forecast period, i.e., 2025-2037.

The global gas treating amine market registered a valuation of USD 3.4 billion in 2024 and is poised to reach a valuation of USD 9.2 billion by 2037 at a CAGR of 7.7% during the forecast period, i.e., 2025-2037.

The major players in the market are GE Vernova, BASF, Schlumberger NV, Amines & Plasticizers Ltd., Shell Global, ExxonMobil Corporation, Dow Chemical Company, Air Products and Chemicals, Inc., Evonik, Chevron Phillips Chemical Company LLC, Arkema, Huntsman Corporation, Axens, Pall Corporation, and Mitsubishi Gas Chemical Company.

The natural gas sweetening held the dominant share of 32.3% in 2024 and is poised to increase its share by 2037. The growth of the segment is owed to the increasing adoption of amine-based solutions for natural gas sweetening.

APAC is projected to hold the largest revenue share of 33.8% by 2037 owing increasing capacity utilization of gas-fired power plant leading to growing adoption of amine-based treatment solutions.

Gas Treating Amine Market - Top Companies and Manufacturers

Companies Dominating the Gas Treating Amine Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

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Which product segment will capture the significant market share for the gas treating amine market sector by 2037?

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