Market Research Report
Global Syngas & Derivatives Market By Production Technology, By Gasifier Type, By Feedstock, By Consumption, By Application, By Region, Competition, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||935775|
|Published||Content info||119 Pages
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|Global Syngas & Derivatives Market By Production Technology, By Gasifier Type, By Feedstock, By Consumption, By Application, By Region, Competition, Forecast & Opportunities, 2025|
|Published: May 1, 2020||Content info: 119 Pages||
Global syngas & derivatives market is projected to grow at a CAGR of close to 10% during the forecast period. Syngas is the main product of gasification which is used for generating electricity and considered as the best option for the liquid and gaseous fuel production. Rising fuel and energy demand are the major factors expected to drive the market growth over the coming years. Moreover, polygeneration is further anticipated to spur the growth of syngas and derivatives market over the coming years as it can be used to derive fuels and chemicals for power generation. Chemical production is widely used application of syngas. Methanol, ammonia, oxo-chemicals, di-methyl ether, and hydrogen are some of the popular chemicals produced from the syngas. However, the factors that might act as major impediments to the growth of global syngas & derivatives market through 2025 are extensive capital investments and funding.
The global syngas & derivatives market is segmented based on production technology, gasifier type, feedstock, consumption, application, region and company. Based on feedstock, the market can be segmented into coal, natural gas, petroleum by products and biomass/waste. Among them, the coal feedstock was the largest segment in the production of syngas & derivatives until 2019 and is expected to lead the market during the forecast period as well. The growth of this segment is attributed to high availability of coal for energy production coupled with outstanding compatibility of the coal feedstock with various syngas production technologies. In addition to this, high availability of coal reserves in growing economies such as China, US, and Russia are further driving the segment growth across the globe.
Major players operating in the syngas & derivatives market include Linde PLC, Air Liquide S.A., Air Products and Chemicals Inc., Yingde Gases, Baogas, Sasol Limited, Saudi Aramco, Technipfmc PLC, Messer Group, Haldor Topsoe A/S and others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the new products, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global syngas & derivatives market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global syngas & derivatives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Fixed (Moving) Bed Gasifier
Entrained Flow Gasifier
Fluidized Bed Gasifier
Petroleum By products
Chemicals & Fertilizer
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global syngas & derivatives market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: