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市场调查报告书
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1198522

硫磺回收技术市场——增长、趋势和预测 (2023-2028)

Sulphur Recovery Technologies Market - Growth, Trends, and Forecasts (2023 - 2028)

出版日期: | 出版商: Mordor Intelligence | 英文 110 Pages | 商品交期: 2-3个工作天内

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简介目录

在此期间,硫磺回收技术市场预计将以超过 2.33% 的复合年增长率增长。

COVID-19 对 2020 年的市场产生了负面影响。 目前,市场处于大流行前的水平。

主要亮点

  • 从长远来看,环保意识和法规将推动硫磺回收技术市场的发展。 运营商努力最大限度地减少运输和发电等活动中的硫排放,而硫回收技术是一种可行的解决方案,正在推动全球市场的发展。
  • 另一方面,降低硫含量所需的高成本阻碍了硫回收技术市场的发展。
  • LNG 加註预计将在预测期后迅速增加。 随着使用液化天然气进行水运的船舶数量增加,预计气体脱硫将变得普遍。 因此,它为硫磺回收技术市场提供了增长机会。
  • 石油和天然气产量的增加、环境法规的收紧以及炼油能力的增加预计将使亚太地区成为预测期内最大的市场,其中大部分需求来自中国和印度。

硫回收技术的市场趋势

炼油部门很可能主导市场

  • 炼油厂是硫磺回收技术的主要最终用户,而硫磺回收装置 (SRU) 对于炼油厂回收硫磺至关重要。 例如,降低汽油和柴油中的硫含量将改善排放法规并减少产品使用时的空气污染。
  • 由于对石油和天然气精炼厂扩建的投资增加以及全球环境意识和法规的提高,预计未来几年炼油厂将主导硫磺回收技术市场。
  • 新法规,尤其是 IMO 法规 2020 中的运输部分,着重于降低燃料中的硫含量。 IMO 要求在指定排放控制区以外作业的船舶将船上使用的燃料油的硫含量限制在 0.50% m/m(质量比)。 随着原油炼製的推进,硫磺回收市场有望扩大。
  • 到 2021 年,全球炼油产能将达到 3647.8 万桶/日,比 2020 年的 3645.9 万桶/日略有增加。 其中大部分来自美国、中国、印度、日本、沙特阿拉伯和东盟国家等国家。 此外,这些国家主要依赖碳氢化合物和碳氢化合物衍生产品。
  • 近年来,一些国家/地区在扩建和升级炼油厂(包括硫磺回收技术)以满足未来需求方面取得了重大进展。 例如,2022 年 9 月,Newburgh Engineering 的能源和基础设施业务部门将投资 650 亿印度卢比(约合 8 亿日元),作为印度石油公司 (IOC) 的 Koyali 炼油和石化综合设施扩建计划的一部分。宣布计划建立一个SRU。
  • 2021 年,国有 IOC 与古吉拉特邦政府签署了一份谅解备忘录,在其先前宣布的扩大巴罗达 Koyali 炼油厂原油加工能力的计划中增加了一个石化和润滑油厂。 IOC 将把炼油能力提高到每年 430 吨,以及一个年产 500,000 吨聚丙烯和 230,000 吨润滑油基础油的生产厂,作为石化和润滑油一体化项目 (LuPech) 和丙烯酸/羰基合成醇项目的一部分在 Koyari. 10,000 吨到 18,000,000 吨。 Koyari 的总投资预计约为 24,000 卢比。
  • 因此,随着对清洁燃料的需求不断增加,预计全球硫磺回收技术市场在预测期内将显着增长。

亚太地区主导市场

  • 由于印度和中国等新兴国家以及日本、韩国和澳大利亚等发达国家的存在,亚太地区是世界上增长最快的地区之一。 截至2021年,亚太地区是全球硫磺回收技术市场的重点区域之一,该地区炼油厂等能源密集型行业的快速增长有望在预测期内继续占据主导地位。似乎。
  • 到 2021 年,中国将成为世界第二大石油消费国和第六大石油生产国。 该国进口了近 50% 的碳氢化合物需求,以减少对进口的依赖并提高能源安全。 中国寻求通过在四川盆地等多个内陆页岩盆地开发国内储量来最大化页岩潜力。 中国的页岩气开发在过去几年稳步增长,自 2017 年以来每年增长 21%。 2021 年页岩气产量约为 22 亿立方英尺/天 (Bcf/d),低于政府到 2020 年 29 亿立方英尺/天的目标。
  • 中国的页岩革命催生并扩大了前所未有的石化产能。 因此,中国大力投资炼油和石化基础设施,以满足国内需求并减少国内工业的石化工序。 随着对塑料和其他石化产品(如食品包装、服装、化妆品和化肥)的需求持续增长,必须提高精炼能力以满足不断增长的需求。
  • 中国接受了新的 IMO 指南,预计将通过增加对炼油行业现代化的投资来进一步推动硫磺回收技术的发展。 中国也在建设新炼油厂,对老炼油厂进行升级改造。 截至 2021 年,中国正在建设近 180 万桶/日的新炼油产能,其中大部分预计将在 2022 年投产。 国内几家炼油厂的扩建和升级工作也在进行中。
  • 此外,在 2022 年年中,中国石油将启动一项 45.2 亿美元的计划,将其在华南的子公司炼油厂扩建为综合石化联合企业。 该国第二大国有炼油厂预计将增加 14 个主要石化装置,同时保持广西石化厂的原油炼油能力。 预计这些投资将在未来几年推动对硫磺回收技术的需求。
  • 此外,2022 年 3 月,印度跨国工程集团 Thermax Ltd 收到印度一家公共部门炼油厂价值 1.4902 亿美元的订单,以 LSTK 为基础安装其硫磺回收区块。 硫磺回收设施将成为正在进行的炼油厂扩建项目的一部分。 这个开创性的项目作为印度政府推动的“东北碳氢化合物 2030 年愿景”的一部分得到推广。
  • 因此,亚太地区因其庞大的石油和天然气精炼行业以及对清洁化石燃料的需求不断增加而有望主导该市场。

硫磺回收技术市场竞争对手分析

硫磺回收技术市场较为分散。 该市场的主要参与者(排名不分先后)包括 Enersul Limited Partnership、WorleyParsons Limited、Shell Plc、Bechtel Corporation 和 Fluor Corporation。

其他好处

  • Excel 格式的市场预测 (ME) 表
  • 3 个月的分析师支持

内容

第一章介绍

  • 调查范围
  • 市场定义
  • 调查假设

第二章研究方法论

第 3 章执行摘要

第 4 章市场概述

  • 简介
  • 市场规模和需求预测(单位:亿美元,到 2027 年)
  • 炼油厂装机容量(到 2021 年)
  • 精炼产品硫含量容忍度(单位:百万吨/年,至 2023 年)
  • 近期趋势和发展
  • 政府政策和法规
  • 市场动态
    • 司机
    • 约束因素
  • 供应链分析
  • 波特的五力分析
    • 供应商的议价能力
    • 消费者的议价能力
    • 新进入者的威胁
    • 替代品的威胁
    • 竞争公司之间的敌对关係

第 5 章市场细分

  • 申请
    • 炼油厂
    • 天然气加工厂
    • 发电厂
    • 其他
  • 按地区
    • 北美
    • 亚太地区
    • 欧洲
    • 南美洲
    • 中东

第六章竞争格局

  • 併购、合资、合作、协议
  • 主要参与者采用的策略
  • 市场份额分析
  • 公司简介
    • Enersul Limited Partnership
    • WorleyParsons Limited
    • Shell Plc
    • Bechtel Corporation
    • Fluor Corporation
    • Sulfur Recovery Engineering Inc.
    • Ortloff Engineers, Ltd.
    • Air Liquide S.A.

第7章 市场机会今后动向

简介目录
Product Code: 69995

The Sulphur Recovery Technologies Market is expected to grow at a CAGR of more than 2.33% over the period.

COVID-19 negatively impacted the market in 2020. Presently the market has now reached pre-pandemic levels.

Key Highlights

  • Over the long term, environmental awareness and regulations drive the Sulphur Recovery Technologies Market. Operators are striving for maximum reduction of sulphur emission from activities such as transportation and electricity, for which the sulphur technologies are a viable solution, thereby driving the global market.
  • On the other note, the high cost required to reduce the sulphur content is a restraint for the Sulphur Recovery Technologies Market.
  • LNG Bunkering is expected to increase rapidly beyond the forecast period. De-sulfurization of gas is expected to proliferate with the increase in the number of ships using LNG for water transportation. Thereby providing an opportunity for growth in the Sulphur recovery technologies market.
  • Due to high oil and gas production, increased environmental regulations, and increased refining capacity, Asia-Pacific is expected to be the largest market during the forecast period, with most demand coming from China and India.

Sulphur Recovery Technologies Market Trends

Refineries Segment Likely to Dominate the Market

  • The refineries are a key end-user of sulphur recovery technologies, as the Sulfur Recovery Unit (SRU) is extremely vital in the Refinery in recovering sulfur. For example, reducing the sulfur content in gasoline and diesel improves emission controls and reduces air pollution when the products are used.
  • Refineries are expected to dominate the sulphur recovery technologies market in the coming years owing to the increasing investments in expanding the oil & gas refining plants and the growing environmental awareness and regulations globally.
  • New regulations, especially in the transportation segment under the IMO rules, 2020, heavily focus on decreasing sulphur content in the fuel. For ships operating outside designated Emission Control Areas, IMO has set a limit for sulphur in fuel oil used on board ships of 0.50% m/m (mass by mass). More refining of crude oil is expected to boost the sulphur recovery market.
  • In 2021, the total global oil refining capacity has reached 36,478 thousand barrels per day, recording a slight increase from 36459 thousand barrels per day in 2020. Most of the capacity has come from the countries such as the United States, China, India, Japan, Saudi Arabia, and other ASEAN countries. Further, the countries are primarily dependent on hydrocarbons and hydrocarbon-derived products.
  • In recent years, several countries are making significant developments in expanding and upgrading their oil refinery units, including sulphur recovery technologies, to cater the future demands. For instance, in September 2022, the energy and infrastructure business unit of Nuberg Engineering announced it is set to build an INR 650 crore SRU for Indian Oil Corporation (IOC) as part of the latter's expansion plans at the Koyali refinery and petrochemical complex.
  • In 2021, the state-owned IOC signed a memorandum of understanding (MoU) with the Government of Gujarat to add petrochemical and lube plants to its previously announced plans to expand crude oil processing capacity at Koyali refinery at Vadodara. IOC is in the process of developing refining capacity by 4.3 million tonnes per annum to 18 million tonnes per annum, along with plants to produce 500,000 tonnes per annum of polypropylene and 235,000 tonnes of lube oil base stock as part of its petrochemical and lube integration (LuPech) project and acrylics/oxo alcohol project at Koyali. The total investment at Koyali will be to the tune of around Rs 24,000 crore.
  • Therefore, with the increase in demand for clean fuel, the global sulphur recovery technologies market is expected to increase considerably during the forecast period.

Asia-Pacific to Dominate the Market

  • Asia-Pacific is one of the fastest-growing regions in the world, owing to the presence of emerging countries, like India and China, and developed countries, such as Japan, South Korea, and Australia.​ As of 2021, the Asia-Pacific region is one of the significant regions in the global Sulphur recovery technologies market and is likely to continue its dominance during the forecast period, owing to the rapid growth in energy-intensive industries like refineries in the region.
  • In 2021, China is the world's 2nd largest oil consumer but the 6th largest oil producer. The country imports nearly 50% of its hydrocarbon demand to reduce dependence on imports and improve energy security. China has been trying to maximize its shale potential by exploiting its domestic reserves across various inland shale basins, such as the Sichuan basin. The shale gas development in China has increased steadily in the past few years, growing 21% annually since 2017. In 2021, shale gas production totaled about 2.2 Billion cubic feet per day (Bcf/d), below the government target of 2.9 Bcf/d by 2020.
  • The shale revolution in China has resulted in unprecedented petrochemical capacity creation and expansion. As a result, China has made significant investments in refining and petrochemical infrastructure to placate domestic demand and reduce the petrochemical process for domestic industries. Due to an ever-rising demand for plastics and other petrochemicals from food packaging, clothing, cosmetics, and fertilizers, refining capacity must be increased to handle the growing demand.
  • China has accepted the new IMO guidelines and is expected to further aid the growth of sulphur recovery technologies by increasing its investments into the modernization of the refining sector. Also, China is also building new refineries and upgrading and adding capacity in older refineries. As of 2021, nearly 1.8 million bpd of new refining capacity is under construction in China, with most expected to come online in 2022. In addition, expansion and upgradation operations are ongoing at multiple refineries in the country.
  • Further, in mid-2022, PetroChina launched a USD 4.52 billion programs to expand a subsidiary refinery in southern China into an integrated petrochemicals complex. The country's second-largest state refiner is expected to keep crude oil refining capacity at the Guangxi Petrochemical plant unchanged while adding 14 major petrochemical units. Such investments are expected to boost the demand for sulphur recovery technologies in the coming years.
  • Moreover, in March 2022, Thermax Ltd, an Indian multinational engineering conglomerate, has concluded an order of USD 149.02 million from an Indian public sector refinery to set up their sulphur recovery block on LSTK basis. The sulphur recovery block will be a part of the customer's ongoing refinery expansion project. This landmark project is being pursued as a part of the government of India's North East Hydrocarbon Vision 2030.
  • Hence, the Asia-Pacific region is expected to dominate the market due to its large oil and gas refining sector and increasing demand for cleaner fossil fuel.

Sulphur Recovery Technologies Market Competitor Analysis

The Sulfur Recovery Technologies Market is moderately fragmented. Some of the key players in this market (not in particular order) include Enersul Limited Partnership, WorleyParsons Limited, Shell Plc, Bechtel Corporation, and Fluor Corporation, amongst others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Refinery Installed Capacity, till 2021
  • 4.4 Allowed Sulphur Content in Refined Products in Million tons per year, till 2023
  • 4.5 Recent Trends and Developments
  • 4.6 Government Policies and Regulations
  • 4.7 Market Dynamics
    • 4.7.1 Drivers
    • 4.7.2 Restraints
  • 4.8 Supply Chain Analysis
  • 4.9 Porter's Five Forces Analysis
    • 4.9.1 Bargaining Power of Suppliers
    • 4.9.2 Bargaining Power of Consumers
    • 4.9.3 Threat of New Entrants
    • 4.9.4 Threat of Substitutes Products and Services
    • 4.9.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Refineries
    • 5.1.2 Gas Processing Plants
    • 5.1.3 Power Plants
    • 5.1.4 Others
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.2 Asia-Pacific
    • 5.2.3 Europe
    • 5.2.4 South America
    • 5.2.5 Middle-East

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 Enersul Limited Partnership
    • 6.4.2 WorleyParsons Limited
    • 6.4.3 Shell Plc
    • 6.4.4 Bechtel Corporation
    • 6.4.5 Fluor Corporation
    • 6.4.6 Sulfur Recovery Engineering Inc.
    • 6.4.7 Ortloff Engineers, Ltd.
    • 6.4.8 Air Liquide S.A.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS