Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1236771
PUBLISHER: IMARC | PRODUCT CODE: 1236771
Syngas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
PUBLISHED:
PAGES: 108 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global syngas market size reached 218.9 MM Nm3/h in 2022. Looking forward, IMARC Group expects the market to reach 382.9 MM Nm3/h by 2028, exhibiting a growth rate (CAGR) of 9.5% during 2023-2028.
Syngas, or synthesis gas, is a fuel gas mixture of carbon monoxide, hydrogen, carbon dioxide and trace gases. It is produced through gasification of carbon-containing fuel such as coal when it is exposed to heat, air and water in a closed space. Since syngas has over half of the energy density of natural gas, it can be easily burnt and used as a fuel source. It is carbon-rich and is extensively used to generate Synthetic Natural Gas (SNG), oxo-chemicals, dimethyl ether, hydrogen and ammonia or methanol for industrial applications. It is also used to produce a variety of fertilizers, solvents, fuels and synthetic materials.
Growing demand for syngas from the chemical industry is one of the key factors driving the market growth. Furthermore, syngas is primarily used to produce SNG that is used in the form of Liquified Natural Gas (LNG) and Compressed Natural Gas (CNG) in rail, marine and road transportation industries. It can also be used to fuel gas engines for power supply owing to benefits such as low energy costs, increased stability and predictability. Moreover, the development of underground coal gasification (UCG) method is also creating a positive outlook for the market. It facilitates the completion of in-situ gasification process that converts coal into syngas. This is catalyzing the market growth as it reduces the need to transport the feedstock to the gasification plants, which consequently provides significant cost benefits. Additionally, growing environmental consciousness and stringent government regulations regarding the usage of clean fuels are also significantly contributing to the market growth. Syngas is crucial in reducing the waste pollution in landfills and greenhouse gases from the atmosphere.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global syngas market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on gasifier type, feedstock, technology and end-use.
Breakup by Gasifier Type:
- Fixed Bed
- Fluidized Bed
- Entrained Flow
Breakup by Feedstock:
- Coal
- Natural Gas
- Petroleum
- Pet-Coke
- Biomass and Waste
Breakup by Technology:
- Steam Reforming
- Partial Oxidation
- Combined or Two-Step Reforming
- Auto Thermal Reforming
- Others
Breakup by End-Use:
- Chemicals
- Ammonia
- Gas to liquid
- Hydrogen
- Methanol
- N-Butanol
- Dimethyl Ether
- Liquid Fuels
- Gaseous Fuels
- Power Generation
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
- The report has also analysed the competitive landscape of the market with some of the key players being Air Products and Chemicals, Air Liquide SA, BASF SE, BP PLC, Royal Dutch Shell plc (Shell plc), Siemens AG, Linde plc, General Electric (GE) Company, Dakota Gasification Company, SynGas Technology LLC, TechnipFMC PLC, OXEA GmbH, Yara International ASA, John Wood Group PLC, and ECUST.
- IMARC Group's latest report provides a deep insight into the global syngas market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the syngas market in any manner.
Key Questions Answered in This Report:
- How has the global syngas market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global syngas industry?
- What are the key regional markets in the global syngas industry?
- What is the breakup of the market based on the gasifier type?
- What is the breakup of the market based on the feedstock?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the end-use?
- What are the various stages in the value chain of the global syngas industry?
- What are the key driving factors and challenges in the global syngas industry?
- What is the structure of the global syngas industry and who are the key players?
- What is the degree of competition in the global syngas industry?
Product Code: SR1523A36_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Syngas Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Gasifier Type
- 5.5 Market Breakup by Feedstock
- 5.6 Market Breakup by Technology
- 5.7 Market Breakup by End-Use
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
6 Market Breakup by Gasifier Type
- 6.1 Fixed Bed
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Fluidized Bed
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Entrained Flow
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Feedstock
- 7.1 Coal
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Natural Gas
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Petroleum
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Pet-Coke
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Biomass and Waste
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Steam Reforming
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Partial Oxidation
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Combined or Two-Step Reforming
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Auto Thermal Reforming
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by End-Use
- 9.1 Chemicals
- 9.1.1 Market Trends
- 9.1.2 Market Breakup by Type
- 9.1.2.1 Ammonia
- 9.1.2.2 Gas to liquid
- 9.1.2.3 Hydrogen
- 9.1.2.4 Methanol
- 9.1.2.5 N-Butanol
- 9.1.2.6 Dimethyl Ether
- 9.1.3 Market Forecast
- 9.2 Liquid Fuels
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Gaseous Fuels
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Power Generation
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 Asia Pacific
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Europe
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 North America
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Air Products and Chemicals
- 15.3.2 Air Liquide SA
- 15.3.3 BASF SE
- 15.3.4 BP PLC
- 15.3.5 Royal Dutch Shell plc (Shell plc)
- 15.3.6 Siemens AG
- 15.3.7 Linde plc
- 15.3.8 General Electric (GE) Company
- 15.3.9 Dakota Gasification Company
- 15.3.10 SynGas Technology LLC
- 15.3.11 TechnipFMC PLC
- 15.3.12 OXEA GmbH
- 15.3.13 Yara International ASA
- 15.3.14 John Wood Group PLC
- 15.3.15 ECUST
Product Code: SR1523A36_Report
List of Figures
- Figure 1: Global: Syngas Market: Major Drivers and Challenges
- Figure 2: Global: Syngas Market: Consumption Volume (in MM Nm3/h), 2017-2022
- Figure 3: Global: Syngas Market: Breakup by Gasifier Type (in %), 2022
- Figure 4: Global: Syngas Market: Breakup by Feedstock (in %), 2022
- Figure 5: Global: Syngas Market: Breakup by Technology (in %), 2022
- Figure 6: Global: Syngas Market: Breakup by End-Use (in %), 2022
- Figure 7: Global: Syngas Market: Breakup by Region (in %), 2022
- Figure 8: Global: Syngas Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 9: Global: Syngas (Fixed Bed) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 10: Global: Syngas (Fixed Bed) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 11: Global: Syngas (Fluidized Bed) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 12: Global: Syngas (Fluidized Bed) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 13: Global: Syngas (Entrained Flow) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 14: Global: Syngas (Entrained Flow) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 15: Global: Syngas (Coal) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 16: Global: Syngas (Coal) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 17: Global: Syngas (Natural Gas) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 18: Global: Syngas (Natural Gas) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 19: Global: Syngas (Petroleum) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 20: Global: Syngas (Petroleum) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 21: Global: Syngas (Pet-Coke) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 22: Global: Syngas (Pet-Coke) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 23: Global: Syngas (Biomass and Waste) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 24: Global: Syngas (Biomass and Waste) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 25: Global: Syngas (Steam Reforming) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 26: Global: Syngas (Steam Reforming) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 27: Global: Syngas (Partial Oxidation) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 28: Global: Syngas (Partial Oxidation) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 29: Global: Syngas (Combined or Two-Step Reforming) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 30: Global: Syngas (Combined or Two-Step Reforming) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 31: Global: Syngas (Auto-Thermal Reforming) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 32: Global: Syngas (Auto-Thermal Reforming) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 33: Global: Syngas (Other Technologies) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 34: Global: Syngas (Other Technologies) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 35: Global: Syngas (Chemicals) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 36: Global: Syngas (Chemicals) Market: Breakup by Type (in %), 2022
- Figure 37: Global: Syngas (Chemicals) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 38: Global: Syngas (Liquid Fuels) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 39: Global: Syngas (Liquid Fuels) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 40: Global: Syngas (Gaseous Fuels) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 41: Global: Syngas (Gaseous Fuels) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 42: Global: Syngas (Power Generation) Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 43: Global: Syngas (Power Generation) Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 44: Asia Pacific: Syngas Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 45: Asia Pacific: Syngas Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 46: Europe: Syngas Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 47: Europe: Syngas Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 48: North America: Syngas Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 49: North America: Syngas Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 50: Middle East and Africa: Syngas Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 51: Middle East and Africa: Syngas Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 52: Latin America: Syngas Market: Consumption Volume (in MM Nm3/h), 2017 & 2022
- Figure 53: Latin America: Syngas Market Forecast: Consumption Volume (in MM Nm3/h), 2023-2028
- Figure 54: Global: Syngas Industry: SWOT Analysis
- Figure 55: Global: Syngas Industry: Value Chain Analysis
- Figure 56: Global: Syngas Industry: Porter's Five Forces Analysis
- Figure 57: Global: Syngas Market: Breakup of Operating Cost (in %)
List of Tables
- Table 1: Global: Syngas Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Syngas Market: Breakup by Gasifier Type (in MM Nm3/h), 2017 & 2022
- Table 3: Global: Syngas Market Forecast: Breakup by Gasifier Type (in MM Nm3/h), 2023-2028
- Table 4: Global: Syngas Market: Breakup by Feedstock (in MM Nm3/h), 2017 & 2022
- Table 5: Global: Syngas Market Forecast: Breakup by Feedstock (in MM Nm3/h), 2023-2028
- Table 6: Global: Syngas Market: Breakup by Technology (in MM Nm3/h), 2017 & 2022
- Table 7: Global: Syngas Market Forecast: Breakup by Technology (in MM Nm3/h), 2023-2028
- Table 8: Global: Syngas Market: Breakup by End-Use (in MM Nm3/h), 2017 & 2022
- Table 9: Global: Syngas Market Forecast: Breakup by End-Use (in MM Nm3/h), 2023-2028
- Table 10: Global: Syngas Market: Breakup by Region (in MM Nm3/h), 2017 & 2022
- Table 11: Global: Syngas Market Forecast: Breakup by Region (in MM Nm3/h), 2023-2028
- Table 12: Global: Syngas Industry: Key Price Indicator
- Table 13: Global: Syngas Market Structure
- Table 14: Global: Syngas Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.