Syngas, also called a synthesis gas, is a mix of carbon monoxide and hydrogen, may be used as a clean alternative to fossil fuels in generating electricity or for the production of liquid fuels such as synthetic diesel, dimethyl ether, and methanol. Syngas can be produced from a variety of different materials that contain carbon. These can include biomass (wood gas), plastics, coal, municipal waste or similar materials. The global syngas market size is projected to grow by USD 34.9 billion from 2023 to 2029, registering a CAGR of 8.3 percent, according to the latest market data.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global syngas market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the feedstock, technology, gasifier type, application, and region. The global market for syngas can be segmented by feedstock: biomass/waste, coal, natural gas, petroleum coke, others. Globally, the natural gas segment made up the largest share of the syngas market. Syngas market is further segmented by technology: gasification, steam reforming. The gasification segment captured the largest share of the market in 2022. Based on gasifier type, the syngas market is segmented into: entrained flow gasifier, fixed (moving) bed gasifier, fluidized bed gasifier, others. According to the research, the fluidized bed gasifier segment had the largest share in the global syngas market. On the basis of application, the syngas market also can be divided into: chemicals, power generation, others. The chemicals segment held the largest revenue share in 2022. Syngas market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
The chemicals market is further segmented into acetyls, formaldehyde and resins, methanol, methyl tert-butyl ether (MTBE). The acetyls segment was the largest contributor to the global syngas market in 2022, accounting for more than 28.3% of the total market.
Market Segmentation
By feedstock: biomass/waste, coal, natural gas, petroleum coke, others
By technology: gasification, steam reforming
By gasifier type: entrained flow gasifier, fixed (moving) bed gasifier, fluidized bed gasifier, others
By application: chemicals, power generation, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The global syngas market report offers detailed information on several market vendors, including A.H.T. Syngas Technology N.V., Air Liquide S.A., Air Products and Chemicals Inc., BD Energy Systems, LLC, John Wood Group plc, KBR, Inc., Linde plc, Maire Tecnimont S.p.A., Sasol Limited, Shell plc, Technip Energies N.V., Topsoe A/S, Yingde Gases Group Company Limited/AirPower Technologies Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global syngas market.
• To classify and forecast the global syngas market based on feedstock, technology, gasifier type, application, region.
• To identify drivers and challenges for the global syngas market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global syngas market.
• To identify and analyze the profile of leading players operating in the global syngas market.
Why Choose This Report
• Gain a reliable outlook of the global syngas market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
TABLE OF CONTENTS
FIGURES AND TABLES
PART 1. INTRODUCTION
· Report description
· Objectives of the study
· Market segment
· Years considered for the report
· Currency
· Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
· Introduction
· Drivers
· Restraints
PART 5. MARKET BREAKDOWN BY FEEDSTOCK
· Biomass/waste
· Coal
· Natural gas
· Petroleum coke
· Others
PART 6. MARKET BREAKDOWN BY TECHNOLOGY
· Gasification
· Steam reforming
PART 7. MARKET BREAKDOWN BY GASIFIER TYPE
· Entrained flow gasifier
· Fixed (moving) bed gasifier
· Fluidized bed gasifier
· Others
PART 8. MARKET BREAKDOWN BY APPLICATION
· Chemicals
· Power generation
· Others
PART 9. MARKET BREAKDOWN BY REGION
· North America
· Europe
· Asia-Pacific
· MEA (Middle East and Africa)
· Latin America
PART 10. KEY COMPANIES
· A.H.T. Syngas Technology N.V.
· Air Liquide S.A.
· Air Products and Chemicals Inc.
· BD Energy Systems, LLC
· John Wood Group plc
· KBR, Inc.
· Linde plc
· Maire Tecnimont S.p.A.
· Sasol Limited
· Shell plc
· Technip Energies N.V.
· Topsoe A/S
· Yingde Gases Group Company Limited/AirPower Technologies Limited
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DISCLAIMER
The global Syngas and Chemical Derivatives market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market play...
Overview of the Global Syngas Chemicals Market:
The report discusses everything a marketer requires before investing in the global Syngas Chemicals Market during the forecast period 2023-2030. It provides detailed i...
The global Syngas Catalysts market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this fie...
The global Syngas and Derivatives market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in th...
Syngas (synthesis gas) is a general term for the raw gas produced from feedstock hydrocarbons and consists mainly of hydrogen (H2) and carbon monoxide (CO), with the remaining components being carbon dioxide (CO2), methane (CH4), etc. Syngas is a valuable fuel and, at the same time, it has been, and...
Syngas, also called a synthesis gas, is a mix of carbon monoxide and hydrogen, may be used as a clean alternative to fossil fuels in generating electricity or for the production of liquid fuels such as synthetic diesel, dimethyl ether, and methanol. Syngas can be produced from a variety of different...
The global Syngas and Chemical Derivatives market is expected to reach US$ XX Million by 2027, with a CAGR of XX% from 2022 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market play...
Syngas is primarily used for the production of chemical derivatives, such as ammonia, methanol, hydrogen, and oxo chemicals. In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Syngas & Derivatives Report by Material, Application, and Geography - ...
Overview of the Global Syngas and Derivatives Market:The report discusses everything a marketer requires before investing in the global Syngas and Derivatives Market during the forecast period 2022-2029. It provides detailed insight into current trends, market shares, mark...
Summary
The report forecast global Syngas market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021E-2026F due to coronavirus situation.
The report offers detailed coverage of Syngas industry and main market trends with impact of coronavirus. The ma...