QYR Market Research Global Hydrogen Sulfide market research | Page 3

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• Hydrogen sulfide is a colorless, flammable, extremely hazardous gas with a “rotten
egg” smell. It occurs naturally in crude petroleum, natural gas, and hot springs. In
the report, we count hydrogen sulfide existing as a liquid compressed gas. We
mainly cover high purity hydrogen sulfide.
• The global production of hydrogen sulfide increased from 5823.9 tons in 2012 to
6794.1 tons in 2016, at a CAGR of 3.93%. In 2016, the global hydrogen sulfide
market is led by Europe. USA is the second-largest region-wise market. At present,
the major manufacturers of hydrogen sulfide are concentrated in Europe, USA and
China. Air Liquide is the world leader, holding 36% production market share in 2016.
The countries of China and Rest of the World largely depend on these regions for
import of hydrogen sulfide to meet their internal demand. The Linde Group,
Praxair, Air Products and Chemicals, Messer Group and Matheson Tri-Gas are both
key players in the global market. The global hydrogen sulfide market that was
valued at US$ 69.8 million in 2016 and is estimated to be worth US$ 89.6 million
by the end of 2023, registering growth at an impressive CAGR of 3.65%.
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