Global Hydrogen Sulfide Scavengers Market was valued US$ XX Mn. in 2019 and is expected to grow around US$ 657 Mn. by 2027, at a CAGR of nearly 5% during the forecast period.




Global Hydrogen Sulfide Scavengers Market

To know about the Research Methodology :- Request Free Sample Report

The report study has analyzed revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Global Hydrogen Sulfide Scavengers Market Overview:

Hydrogen sulfide scavengers are the chemical compounds that are used for the removal of H2S gas. These compounds are vital oilfield chemicals that are used for chemical processing facilities. These scavengers are used in crude oil, fuel, natural gas, LPG, and other petroleum products stored in storage tanks, pipelines, and tanker ships.
Global Hydrogen Sulfide Scavengers Market Dynamics:

Some of the significant factors positively influencing the market growth include rising demand for hydrogen sulfide scavengers from the oil & gas industry, high growth in emerging economies, and increasing demand from numerous end-user industries. On the other hand, environmental & operational concerns related to hydrocarbon management, and health & safety concerns are hindering the market growth.

The Demand for Hydrogen Sulfide Scavengers from Oil & Gas Industry is Fueling the Market Growth
Hydrogen sulphide is a colorless gas, with an offensive odour and a sweetish taste. It is soluble in water, alcohol, oils, and many other solvents. During oil & gas operations, hydrogen sulphide can be found as a component of formation gases, dissolved in water, hydrocarbons, or even liquid sulphur. The hydrogen sulphide content of fluids in the permeable formations of oil wells has an important impact on the economic value of the produced hydrocarbons and production operations. Therefore, the use of hydrogen sulfide scavengers is mainly high in the oil & gas industry, in upstream and downstream applications is fueling the market growth.
Health and Safety Concerns Hampers the Market Growth

Human health effects of exposure to hydrogen sulfide, an irritant, and an asphyxiant, depend on the concentration of the gas and the length of exposure. A maximum of 8 hours of exposure to concentrations above 100 ppm hydrogen sulfide scavengers will cause loss and death. Concentrations above 600 ppm can be fatal in 3 to 5 minutes. Very stressed, high strength steel can fail in a matter of minutes in the existence of 50 ppm hydrogen sulfide scavengers. At high pressure, as little as 0.1 ppm hydrogen sulfide scavengers can significantly reduce the time to failure of highly stressed, high strength steel. Hence, health and safety concerns are restricting market growth.
Global Hydrogen Sulfide Scavengers Market Segmentation:

By process, in terms of volume, the regenerative segment held the largest market share of the global hydrogen sulfide scavengers market in 2018. In large production facilities, the most economical solution to remove H2S from the gas process stream is to install a regenerative system for treating sour gas. This factor drives the regenerative segment in the hydrogen sulfide scavengers market. Triazine is a commonly used, non-regenerative, liquid H2S scavenger, employed in the oil industry. It is primarily used for eliminating low (