The hydrogen sulfide (H2S) scavenger market is forecasted to grow by USD 271 million during 2024-2029, accelerating at a CAGR of 3.4% during the forecast period. The report on the hydrogen sulfide (H2S) scavenger market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global oil and gas refinery capacity, rising number of stringent regulations on hydrogen sulfide emission control, and growth in global petrochemical and specialty chemical industries.
Market Scope
Base Year
2025
End Year
2029
Series Year
2025-2029
Growth Momentum
Accelerate
YOY 2025
3.2%
CAGR
3.4%
Incremental Value
$271 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's hydrogen sulfide (H2S) scavenger market is segmented as below:
By End-user
Oil and gas
Water and wastewater treatment
Others
By Type
Non-regenerative
Regenerative
By Geographical Landscape
North America
APAC
Europe
Middle East and Africa
South America
This study identifies the increase in adoption of IOT in industrial emission control systems as one of the prime reasons driving the hydrogen sulfide (H2S) scavenger market growth during the next few years. Also, cessation of funding from world bank group for exploration and production activities and growing importance of wastewater recycling and water reuse will lead to sizable demand in the market.
The report on the hydrogen sulfide (H2S) scavenger market covers the following areas:
Hydrogen Sulfide (H2S) Scavenger Market sizing
Hydrogen Sulfide (H2S) Scavenger Market forecast
Hydrogen Sulfide (H2S) Scavenger Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydrogen sulfide (H2S) scavenger market vendors that include Arkema, Baker Hughes Co., BASF SE, Cestoil Chemical Inc., Chemical Products Industries Inc., Dorf Ketal Chemicals India Pvt. Ltd., Ecolab Inc., General Electric Co., Halliburton Co., Hexion Inc., Innospec Inc., Merichem Co., Newpoint Gas LLC, Schlumberger Ltd., Sofina SA, Solvay SA, The Dow Chemical Co., and Vink Chemicals GmbH and Co. KG. Also, the hydrogen sulfide (H2S) scavenger market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Hydrogen Sulfide (H2S) Scavenger Market 2019 - 2023
Historic Market Size - Data Table on Global Hydrogen Sulfide (H2S) Scavenger Market 2019 - 2023 ($ million)