Global Syngas & Derivatives Market 2015-2020 - End User, Feedstock, Production Technology & Gasifier Analysis
DUBLIN, Sept. 15, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/q8p4ns/syngas_and) has announced the addition of the "Syngas & Derivatives Market by End Use (Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), by Feedstock (Coal, Petroleum, Natural Gas & Biomass/Waste), by Production Technology, & by Gasifier - Global Forecasts to 2020" report to their offering.
The global syngas production was recorded at 116,600.0 MWth in 2014 and is projected to reach 213,100.0 MWth by 2020, at a CAGR of 9.5% between 2015 and 2020. Asia-Pacific holds the largest share of the overall market, followed by Middle East & Africa and Europe. In terms of individual countries, the global market is dominated by China on account of the increased demand for chemicals and abundant coal reserves in the country. The growth of the syngas and derivatives market is primarily being driven by the rising demand for electricity worldwide. Furthermore, feedstock flexibility and the polygeneration nature of syngas for the production of electricity, chemicals, and fuels are also expected to be among the key factors driving the syngas and derivatives market during the forecast period.
The lack of considerable capital investment and funding is one of the restraints observed in the syngas and derivatives market. The lower dependency on crude oil for chemicals, fuels, and increasing utilization of natural gas has led to various opportunities for the players in the syngas and derivatives market.
The key players in the market are syngas technology licensors and manufacturers of syngas and its derivatives. The leaders in technology licensing are KBR Inc. (U.S.) and Haldor Topsoe (Denmark). Companies such as Sasol (South Africa) and Shell (Netherlands) have the largest syngas manufacturing facilities in the world for the production of liquid fuels. Methanex (Canada) and Yara International (Norway) are market leaders for the production of methanol and ammonia respectively. Majority of the companies in this market have been relying on expansion as their key growth strategy by venturing into new and emerging markets.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Syngas and Derivatives Market, By End User
8 Syngas and Derivatives Market, By Feedstock
9 Syngas and Derivatives Market, By Production Technology
10 Syngas and Derivatives Market, By Gasifier Type
11 Syngas and Derivatives Market, By Region
12 Competitive Landscape
13 Company Profiles
- AMEC Foster Wheeler PLC
- Agrium Inc.
- Air Liquide SA
- Air Products and Chemicals, Inc.
- BASF SE
- Biomethanol Chemie Nederland B.V.
- CF Industries Holdings Inc.
- Chicago Bridge & Iron Company N.V.
- General Electric Company
- Haldor Topsoe A/S
- KBR Inc.
- KT-Kinetics Technology
- Linc Energy Ltd.
- Methanex Corporation
- Mitsubishi Heavy Industries, Ltd. (MHI Group)
- Oxea Gmbh (Oman Oil Company)
- Royal Dutch Shell PLC
- Sasol Limited
- Siemens Ag
- Syngas Technology LLC
- Technip S.A.
- The DOW Chemical Company
- The Linde Group
- Yara International ASA
For more information visit http://www.researchandmarkets.com/research/q8p4ns/syngas_and
Media Contact: Laura Wood , +353-1-481-1716, email@example.com
Source: PR Newswire
(September 15, 2015 - 10:10 AM EDT)
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