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市場調查報告書
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1198522

硫磺回收技術市場——增長、趨勢和預測 (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個工作天內

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簡介目錄

在此期間,硫磺回收技術市場預計將以超過 2.33% 的複合年增長率增長。

COVID-19 對 2020 年的市場產生了負面影響。 目前,市場處於大流行前的水平。

主要亮點

  • 從長遠來看,環保意識和法規將推動硫磺回收技術市場的發展。 運營商努力最大限度地減少運輸和發電等活動中的硫排放,而硫回收技術是一種可行的解決方案,正在推動全球市場的發展。
  • 另一方面,降低硫含量所需的高成本阻礙了硫回收技術市場的發展。
  • LNG 加註預計將在預測期後迅速增加。 隨著使用液化天然氣進行水運的船舶數量增加,預計氣體脫硫將變得普遍。 因此,它為硫磺回收技術市場提供了增長機會。
  • 石油和天然氣產量的增加、環境法規的收緊以及煉油能力的增加預計將使亞太地區成為預測期內最大的市場,其中大部分需求來自中國和印度。

硫回收技術的市場趨勢

煉油部門很可能主導市場

  • 煉油廠是硫磺回收技術的主要最終用戶,而硫磺回收裝置 (SRU) 對於煉油廠回收硫磺至關重要。 例如,降低汽油和柴油中的硫含量將改善排放法規並減少產品使用時的空氣污染。
  • 由於對石油和天然氣精煉廠擴建的投資增加以及全球環境意識和法規的提高,預計未來幾年煉油廠將主導硫磺回收技術市場。
  • 新法規,尤其是 IMO 法規 2020 中的運輸部分,著重於降低燃料中的硫含量。 IMO 要求在指定排放控制區以外作業的船舶將船上使用的燃料油的硫含量限制在 0.50% m/m(質量比)。 隨著原油煉製的推進,硫磺回收市場有望擴大。
  • 到 2021 年,全球煉油產能將達到 3647.8 萬桶/日,比 2020 年的 3645.9 萬桶/日略有增加。 其中大部分來自美國、中國、印度、日本、沙特阿拉伯和東盟國家等國家。 此外,這些國家主要依賴碳氫化合物和碳氫化合物衍生產品。
  • 近年來,一些國家/地區在擴建和升級煉油廠(包括硫磺回收技術)以滿足未來需求方面取得了重大進展。 例如,2022 年 9 月,Newburgh Engineering 的能源和基礎設施業務部門將投資 650 億印度盧比(約合 8 億日元),作為印度石油公司 (IOC) 的 Koyali 煉油和石化綜合設施擴建計劃的一部分。宣布計劃建立一個SRU。
  • 2021 年,國有 IOC 與古吉拉特邦政府簽署了一份諒解備忘錄,在其先前宣布的擴大巴羅達 Koyali 煉油廠原油加工能力的計劃中增加了一個石化和潤滑油廠。 IOC 將把煉油能力提高到每年 430 噸,以及一個年產 500,000 噸聚丙烯和 230,000 噸潤滑油基礎油的生產廠,作為石化和潤滑油一體化項目 (LuPech) 和丙烯酸/羰基合成醇項目的一部分在 Koyari. 10,000 噸到 18,000,000 噸。 Koyari 的總投資預計約為 24,000 盧比。
  • 因此,隨著對清潔燃料的需求不斷增加,預計全球硫磺回收技術市場在預測期內將顯著增長。

亞太地區主導市場

  • 由於印度和中國等新興國家以及日本、韓國和澳大利亞等發達國家的存在,亞太地區是世界上增長最快的地區之一。 截至2021年,亞太地區是全球硫磺回收技術市場的重點區域之一,該地區煉油廠等能源密集型行業的快速增長有望在預測期內繼續佔據主導地位。似乎。
  • 到 2021 年,中國將成為世界第二大石油消費國和第六大石油生產國。 該國進口了近 50% 的碳氫化合物需求,以減少對進口的依賴並提高能源安全。 中國尋求通過在四川盆地等多個內陸頁巖盆地開發國內儲量來最大化頁巖潛力。 中國的頁巖氣開發在過去幾年穩步增長,自 2017 年以來每年增長 21%。 2021 年頁巖氣產量約為 22 億立方英尺/天 (Bcf/d),低於政府到 2020 年 29 億立方英尺/天的目標。
  • 中國的頁巖革命催生並擴大了前所未有的石化產能。 因此,中國大力投資煉油和石化基礎設施,以滿足國內需求並減少國內工業的石化工序。 隨著對塑料和其他石化產品(如食品包裝、服裝、化妝品和化肥)的需求持續增長,必須提高精煉能力以滿足不斷增長的需求。
  • 中國接受了新的 IMO 指南,預計將通過增加對煉油行業現代化的投資來進一步推動硫磺回收技術的發展。 中國也在建設新煉油廠,對老煉油廠進行升級改造。 截至 2021 年,中國正在建設近 180 萬桶/日的新煉油產能,其中大部分預計將在 2022 年投產。 國內幾家煉油廠的擴建和升級工作也在進行中。
  • 此外,在 2022 年年中,中國石油將啟動一項 45.2 億美元的計劃,將其在華南的子公司煉油廠擴建為綜合石化聯合企業。 該國第二大國有煉油廠預計將增加 14 個主要石化裝置,同時保持廣西石化廠的原油煉油能力。 預計這些投資將在未來幾年推動對硫磺回收技術的需求。
  • 此外,2022 年 3 月,印度跨國工程集團 Thermax Ltd 收到印度一家公共部門煉油廠價值 1.4902 億美元的訂單,以 LSTK 為基礎安裝其硫磺回收區塊。 硫磺回收設施將成為正在進行的煉油廠擴建項目的一部分。 這個開創性的項目作為印度政府推動的“東北碳氫化合物 2030 年願景”的一部分得到推廣。
  • 因此,亞太地區因其龐大的石油和天然氣精煉行業以及對清潔化石燃料的需求不斷增加而有望主導該市場。

硫磺回收技術市場競爭對手分析

硫磺回收技術市場較為分散。 該市場的主要參與者(排名不分先後)包括 Enersul Limited Partnership、WorleyParsons Limited、Shell Plc、Bechtel Corporation 和 Fluor Corporation。

其他好處

  • Excel 格式的市場預測 (ME) 表
  • 3 個月的分析師支持

內容

第一章介紹

  • 調查範圍
  • 市場定義
  • 調查假設

第二章研究方法論

第 3 章執行摘要

第 4 章市場概述

  • 簡介
  • 市場規模和需求預測(單位:億美元,到 2027 年)
  • 煉油廠裝機容量(到 2021 年)
  • 精煉產品硫含量容忍度(單位:百萬噸/年,至 2023 年)
  • 近期趨勢和發展
  • 政府政策和法規
  • 市場動態
    • 司機
    • 約束因素
  • 供應鏈分析
  • 波特的五力分析
    • 供應商的議價能力
    • 消費者的議價能力
    • 新進入者的威脅
    • 替代品的威脅
    • 競爭公司之間的敵對關係

第 5 章市場細分

  • 申請
    • 煉油廠
    • 天然氣加工廠
    • 發電廠
    • 其他
  • 按地區
    • 北美
    • 亞太地區
    • 歐洲
    • 南美洲
    • 中東

第六章競爭格局

  • 併購、合資、合作、協議
  • 主要參與者採用的策略
  • 市場份額分析
  • 公司簡介
    • 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 市場機會今後動向

簡介目錄
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