April 25, 2018 - 2:26 PM EDT
Print Email Article Font Down Font Up
Asia-Pacific Synthesis Gas (Syngas) Market Analysis, Trends & Forecast 2018-2023 - ResearchAndMarkets.com


The "Asia-Pacific Synthesis Gas (Syngas) Market - Segmented by End-user Industry, Feedstock, Technology, Gasifier Type, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific synthesis gas (syngas) market is expected to grow at a significant rate during the forecast period (2018 - 2023). The market is expected to increase rapidly in the emerging economies due to a rapid growth of the commercial segment.

Syngas is conceptually similar to natural gas, containing a mixture of hydrogen, methane, and carbon monoxide. It can be combusted in a gas turbine engine to produce electricity. Syngas only has 50% of the energy density as compared to natural gas, due to which syngas is mostly suited for the production of transportation fuels and other chemical products. Syngas can also be utilized as a basic chemical building block in the petrochemical and refining industries.

Syngas is seen as that replacement of natural gas, which is a more thermally efficient liquid fuel. Combustion of syngas at the cost of zero carbon emissions can be used to generate electricity. Thus, it provides a much cleaner, economical, and renewable source of energy instead of the common used natural gas. Synthesis gas and its derivatives are of significant commercial importance. The high growth in demand for new production plants to produce hydrogen, they are required to satisfy the new fuel environmental standards. This is coupled with the expansion of chemical production in China and India.

Companies Mentioned

  • Agrium Inc.
  • BP Global
  • CF Industries Holdings Inc.
  • ConocoPhillips Corporation
  • Foster Wheeler AG
  • General Electric
  • Haldor Topsoe
  • KBR Inc.
  • Linc Energy Ltd.
  • Linde Group
  • Lurgi
  • Methanex
  • Mitsubishi Heavy Industries Ltd.
  • Nippon Shokubai Co. Ltd.
  • OXEA GmbH
  • Royal Dutch Shell
  • Sasol Ltd.
  • Siemens AG
  • SynGas Technology LLC
  • Technip SA
  • Yara

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/f9jjql/asiapacific?w=4

Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Energy and Natural Resources, Gas, Biofuels

Source: Business Wire (April 25, 2018 - 2:26 PM EDT)

News by QuoteMedia

Legal Notice