Global Syngas Market : Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Syngas Market: By Technology (Stem Reforming, Partial Oxidation, Autothermal Reforming, Combined or Two-Step Reforming, Biomass Gasification), By End User (Power Generation, Chemicals, Liquid Fuels, Gaseous Fuel), By Feedstock (Coal, Natural Gas, Petroleum, Pet-Coke, Biomass) By Gasifier Type (Fixed Bed, Entrained Flow, Fluidized Bed) and Geography

 

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Report

Description

Syngas Market size valued at US$ 49.08 Billion in 2021 and expected to reach USD 74.29 Billion by 2028, at a CAGR of 6.1% during the forecast period 2022-2028. Synthesis gas, or syngas, is a fuel gas that consists primarily of carbon monoxide, hydrogen, and a small amount of carbon dioxide. Syngas is the byproduct of gasification, and it is primarily used to generate electricity. Syngas is an excellent choice for liquid and gaseous fuel processing. Power generation companies are turning to a variety of alternatives, including syngas, to meet rising demand. Furthermore, rising environmental concerns and government initiatives encouraging the use of renewable fuels are boosting market growth. The surge in demand for synthetic gas from the chemical industry is one of the primary reasons propelling the global syngas market forward. This is because syngas is used to make synthetic natural gas (SNG), which is used in the rail, marine, and road transportation industries as liquefied natural gas (LNG) and compressed natural gas (CNG) (CNG). Furthermore, syngas’ benefits, such as its low energy cost, enhanced stability, and use as a fuel for gas engines for power generation, are driving up demand globally. Global syngas market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, in 2011 Linc Energy acquired significant oil producing assets in Louisiana and Texas.

Syngas Market

MARKET SUMMARY
-
6.1% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.1%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Europe

Syngas Market

  • Global syngas market report gives comprehensive outlook on syngas market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The report on global syngas market gives historical, current, and future market sizes (US$ Mn) on the basis of technology, end-user, feedstock, gasifier type, and regions.
  • This report studies global syngas market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global syngas market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in global syngas market activities.
Market Key Players
  • KBR, Inc.
  • Siemens AG
  • Haldor Topsoe
  • Dow Chemical
  • Mitsubishi Heavy Industries
  • Iron Company
  • Nippon
  • GE Energy
  • Oxea GmbH
  • Methanex
Growth

Syngas Market

Based on feedstock, the global syngas market is segmented into natural gas, coal, petroleum, pet-coke, biomass and coal. The coal segment is expected to dominate the market due to its easy availability as raw material and also its application in the production of syngas.


Asia-Pacific Got Significant Share

Syngas Market

Asia Pacific accounted for major revenue share in global syngas market due to rising consumption from growing population. North America syngas market is expected to account moderate CAGR due to increased application of syngas as electrical and heat supply. Europe exhibits a significant growth in syngas market due to increased application in production of chemicals. Latin America shows a significant growth in market owing to increased demand from refineries. Middle East and Africa syngas market is also expected to rise in the forecast period due to increased consumption of both gaseous and liquid fuels.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Based on feedstock, coal segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on mergers and acquisitions strategies to retain market position in global syngas market

Key

Key Features of the Report

Syngas Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global Syngas Market Introduction
    • Global Syngas Market – Taxonomy
    • Global Syngas Market –Definitions
      • By Technology
      • By End User
      • By Feedstock
      • By Gasifier Type
  3. Global Syngas Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Syngas Market Dynamic Factors – Impact Analysis
    • Global Syngas Market – Competition Landscape
  4. Global Syngas Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Syngas Market, By Technology, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Steam Reforming
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Partial Oxidation
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Auto Thermal Reforming
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Combined or Two-Step Reforming
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Biomass Gasification
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Syngas Market, By End User, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Power Generation
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Chemicals
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Liquid Fuels
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Gaseous Fuel
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Syngas Market, By Feedstock, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Coal
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Natural Gas
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Petroleum
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pet-coke
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Biomass
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Syngas Market, By Gasifier Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Fixed Bed
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Entrained Flow
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fluidized Bed
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Syngas Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Syngas Market – Opportunity Analysis Index, By Technology, End User, Feedstock, Gasifier Type, and Region, 2019 – 2025
  2. North America Syngas Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Technology Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Steam Reforming
      • Partial Oxidation
      • Auto thermal reeforming
      • Combined or Two-step Reforming
      • Biomass Gasification
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Power Generation
      • Chemicals
      • Liquid Fuels
      • Gaseous Fuel
    • Feedstock Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Coal
      • Natural Gas
      • Petroleum
      • Pet-coke
      • Biomass
    • Gasifier Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Fixed Bed
      • Entrained Flow
      • Fluidized Bed
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Syngas Market – Opportunity Analysis Index, By Technology, End User, Feedstock, Gasifier Type, and Country, 2019 – 2025
    • North America Syngas Market Dynamics – Trends
  3. Europe Syngas Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Technology Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Steam Reforming
      • Partial Oxidation
      • Auto thermal reeforming
      • Combined or Two-step Reforming
      • Biomass Gasification
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Power Generation
      • Chemicals
      • Liquid Fuels
      • Gaseous Fuel
    • Feedstock Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Coal
      • Natural Gas
      • Petroleum
      • Pet-coke
      • Biomass
    • Gasifier Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Fixed Bed
      • Entrained Flow
      • Fluidized Bed
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Syngas Market – Opportunity Analysis Index, By Technology, End User, Feedstock, Gasifier Type, and Country, 2019 – 2025
    • Europe Syngas Market Dynamics – Trends
  4. Asia-Pacific Syngas Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Technology Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Steam Reforming
      • Partial Oxidation
      • Auto thermal reeforming
      • Combined or Two-step Reforming
      • Biomass Gasification
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Power Generation
      • Chemicals
      • Liquid Fuels
      • Gaseous Fuel
    • Feedstock Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Coal
      • Natural Gas
      • Petroleum
      • Pet-coke
      • Biomass
    • Gasifier Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Fixed Bed
      • Entrained Flow
      • Fluidized Bed
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia-Pacific
    • Asia-Pacific Syngas Market – Opportunity Analysis Index By Technology, End User, Feedstock, Gasifier Type, and Country, 2019 – 2025
    • Asia-Pacific Syngas Market Dynamics – Trends
  5. Latin America Syngas Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Technology Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Steam Reforming
      • Partial Oxidation
      • Auto thermal reeforming
      • Combined or Two-step Reforming
      • Biomass Gasification
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Power Generation
      • Chemicals
      • Liquid Fuels
      • Gaseous Fuel
    • Feedstock Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Coal
      • Natural Gas
      • Petroleum
      • Pet-coke
      • Biomass
    • Gasifier Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Fixed Bed
      • Entrained Flow
      • Fluidized Bed
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Syngas Market – Opportunity Analysis Index, By Technology, End User, Feedstock, Gasifier Type, and Country, 2019 – 2025
    • Latin America Syngas Market Dynamics – Trends
  6. Middle East and Africa Syngas Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Technology Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Steam Reforming
      • Partial Oxidation
      • Auto thermal reeforming
      • Combined or Two-step Reforming
      • Biomass Gasification
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Power Generation
      • Chemicals
      • Liquid Fuels
      • Gaseous Fuel
    • Feedstock Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Coal
      • Natural Gas
      • Petroleum
      • Pet-coke
      • Biomass
    • Gasifier Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT), Y-o-Y Growth (%), and Market Share (%)
      • Fixed Bed
      • Entrained Flow
      • Fluidized Bed
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)
      • South Africa
      • Gulf Cooperation Council (GCC) Countries
      • Rest of MEA
    • MEA Syngas Market – Opportunity Analysis Index, By Technology, End User, Feedstock, Gasifier Type, and Country, 2019 – 2025
    • MEA Syngas Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • KBR, Inc.
      • Mitsubishi Heavy Industries
      • GE Energy
      • Nippon
      • Dow Chemical
      • Oxea GmbH
      • Methanex
      • Royal Dutch Shell
      • Iron Company
      • Siemens AG
      • Haldor Topsoe
      • Chicago Bridge
      • BASF
      • Linc Energy.
    1. Research Methodology
    2. Key Assumptions and Acronyms

Report

Company Profile

  • KBR, Inc.
  • Siemens AG
  • Haldor Topsoe
  • Dow Chemical
  • Mitsubishi Heavy Industries
  • Iron Company
  • Nippon
  • GE Energy
  • Oxea GmbH
  • Methanex
  • Royal Dutch Shell
  • BASF
  • Chicago Bridge
  • Linc Energy

Description

Syngas Market size valued at US$ 49.08 Billion in 2021 and expected to reach USD 74.29 Billion by 2028, at a CAGR of 6.1% during the forecast period 2022-2028. Synthesis gas, or syngas, is a fuel gas that consists primarily of carbon monoxide, hydrogen, and a small amount of carbon dioxide. Syngas is the byproduct of gasification, and it is primarily used to generate electricity. Syngas is an excellent choice for liquid and gaseous fuel processing. Power generation companies are turning to a variety of alternatives, including syngas, to meet rising demand. Furthermore, rising environmental concerns and government initiatives encouraging the use of renewable fuels are boosting market growth. The surge in demand for synthetic gas from the chemical industry is one of the primary reasons propelling the global syngas market forward. This is because syngas is used to make synthetic natural gas (SNG), which is used in the rail, marine, and road transportation industries as liquefied natural gas (LNG) and compressed natural gas (CNG) (CNG). Furthermore, syngas’ benefits, such as its low energy cost, enhanced stability, and use as a fuel for gas engines for power generation, are driving up demand globally. Global syngas market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, in 2011 Linc Energy acquired significant oil producing assets in Louisiana and Texas.

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