The global syngas market is expected to grow at a CAGR of around 9% during 2019-2024.
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.
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, BASF SE, BP PLC, Royal Dutch Shell, Siemens, The Linde Group, General Electric, Dakota Gasification Company, SynGas Technology LLC, TechnipFMC PLC, OXEA GmbH, Yara, John Wood Group, ECUST, etc.
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 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?
Key Topics Covered
1 Preface
2 Scope and 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 Market Breakup by Gasifier Type 5.4 Market Breakup by Feedstock 5.5 Market Breakup by Technology 5.6 Market Breakup by End-Use 5.7 Market Breakup by Region 5.8 Market Forecast
6 Market Breakup by Gasifier Type 6.1 Fixed Bed 6.2 Entrained Flow 6.3 Fluidized Bed
7 Market Breakup by Feedstock 7.1 Coal 7.2 Natural Gas 7.3 Petroleum 7.4 Pet-Coke 7.5 Biomass and Waste
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 15.3.3 BASF SE 15.3.4 BP PLC 15.3.5 Royal Dutch Shell 15.3.6 Siemens 15.3.7 The Linde Group 15.3.8 General Electric 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 15.3.14 John Wood Group 15.3.15 ECUST
