Syngas is one of the wide used fuel gas mixtures that primarily consists of carbon monoxide and hydrogen. It’s usually used as fuel in engines and its energy density is about half of fossil fuel.
Syngas is employed to make synthetic natural gas (SNG). It’s seen as a viable different for usage as fuel within the variety of LNG or CNG and it is employed in road, rail, marine, and alternative transport. Syngas is used to fuel gas engines for numerous functions, like power supply, wherever it is used for benefits like low energy prices, stability, and certainty. Syngas is used effectively for both heat and electrical supply, because it will give high electrical potency compared to alternative power generation technologies, like steam turbines. It needs less pressure and its disposal is less complicated once it cannot be used for power or heat generation.
The major driving factors of this market include the growing want for chemicals, fuels, and electricity, which may be generated at the same time to satisfy the wants of the increasing population. the other growth driver is that the feedstock flexibility of syngas production method, which implies that it are often created either from coal, gas, petroleum-based product, or biomass/waste, looking on the supply.
Market Insights
The global Syngas Chemicals market is expected to be around US$ 60 Billion by 2027 at a CAGR of 10% in the given forecast period.
The global Syngas Chemicals market is segregated on the basis of Type as Methanol, Acetyls, Formaldehyde & Resins, and Methyl Tertiary-Butyl Ether (MTBE). Based on Feedstock the global Syngas Chemicals market is segmented in Coal, Natural Gas, Petroleum, Pet-coke, and Biomass. Based on End-User Industry the global Syngas Chemicals market is segmented in Power Generation, Manufacture, Chemicals, Liquid Fuels, and Gaseous Fuels.
Based on Technology, the global Syngas Chemicals market is segmented in Steam Reforming, Partial Oxidation, Auto-thermal Reforming, Combined or Two-step Reforming, and biomass Gasification. The report also bifurcates the global Syngas Chemicals market based on Gasifier Type in Fixed Bed, Entrained Flow, and fluidized Bed.
The global Syngas Chemicals market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Syngas Chemicals market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
BASF SE, Air Products & Chemicals Inc., Air Liquide, John Wood Group PLC, General Electric, KBR Inc., Royal Dutch Shell, Siemens AG, Sasol, SynGas Technology LLC, and others are among the major players in the global Syngas Chemicals market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Syngas Chemicals Market has been segmented as below:
Syngas Chemicals Market, By Type
Syngas Chemicals Market, By Feedstock
Syngas Chemicals Market, By End-User Industry
Syngas Chemicals Market, By Technology
Syngas Chemicals Market, By Gasifier Type
Syngas Chemicals Market, By Region
Syngas Chemicals Market, By Company
The report covers:
Report Scope:
The global Syngas Chemicals market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Syngas Chemicals market share. Major industry players with significant revenue share include BASF SE, Air Products & Chemicals Inc., Air Liquide, John Wood Group PLC, General Electric, KBR Inc., Royal Dutch Shell, Siemens AG, Sasol, SynGas Technology LLC, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Syngas Chemicals Market, By Type
5.1 Introduction
5.2 Methanol
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Acetyls
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Formaldehyde & Resins
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Methyl Tertiary-Butyl Ether (MTBE)
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Syngas Chemicals Market, By Feedstock
6.1 Introduction
6.2 Coal
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Natural Gas
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Petroleum
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Pet-coke
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Biomass
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Syngas Chemicals Market, By End-User Industry
7.1 Introduction
7.2 Power Generation
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Manufacture
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Chemicals
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Liquid Fuels
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Gaseous Fuels
7.6.1 Market Overview
7.6.2 Market Size and Forecast
8. Syngas Chemicals Market, By Technology
8.1 Introduction
8.2 Steam Reforming
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Partial Oxidation
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Auto-thermal Reforming
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Combined or Two-step Reforming
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 biomass Gasification
8.6.1 Market Overview
8.6.2 Market Size and Forecast
9. Syngas Chemicals Market, By Gasifier Type
9.1 Introduction
9.2 Fixed Bed
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Entrained Flow
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 fluidized Bed
9.4.1 Market Overview
9.4.2 Market Size and Forecast
10. Syngas Chemicals Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Syngas Chemicals, By Type
10.2.2 North America Syngas Chemicals, By Feedstock
10.2.3 North America Syngas Chemicals, By End-User Industry
10.2.4 North America Syngas Chemicals, By Technology
10.2.5 North America Syngas Chemicals, By Gasifier Type
10.3 Europe
10.3.1 Europe Syngas Chemicals, By Type
10.3.2 Europe Syngas Chemicals, By Feedstock
10.3.3 Europe Syngas Chemicals, By End-User Industry
10.3.4 Europe Syngas Chemicals, By Technology
10.3.5 Europe Syngas Chemicals, By Gasifier Type
10.4 Asia-Pacific
10.4.1 Asia-Pacific Syngas Chemicals, By Type
10.4.2 Asia-Pacific Syngas Chemicals, By Feedstock
10.4.3 Asia-Pacific Syngas Chemicals, By End-User Industry
10.4.4 Asia-Pacific Syngas Chemicals, By Technology
10.4.5 Asia-Pacific Syngas Chemicals, By Gasifier Type
10.5 Rest of the World
10.5.1 Rest of the World Syngas Chemicals, By Type
10.5.2 Rest of the World Syngas Chemicals, By Feedstock
10.5.3 Rest of the World Syngas Chemicals, By End-User Industry
10.5.4 Rest of the World Syngas Chemicals, By Technology
10.5.5 Rest of the World Syngas Chemicals, By Gasifier Type
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 BASF SE
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 Air Products & Chemicals Inc.
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 Air Liquide
12.3.1 Company Overview
12.3.2 Product/Service Landscape
12.3.3 Financial Overview
12.3.4 Recent Developments
12.4 John Wood Group PLC
12.4.1 Company Overview
12.4.2 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 General Electric
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 KBR Inc.
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 Royal Dutch Shell
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 Siemens AG
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 Sasol
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 SynGas Technology LLC
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
The Syngas Chemicals Market has been segmented as below:
Syngas Chemicals Market, By Type
Syngas Chemicals Market, By Feedstock
Syngas Chemicals Market, By End-User Industry
Syngas Chemicals Market, By Technology
Syngas Chemicals Market, By Gasifier Type
Syngas Chemicals Market, By Region
Syngas Chemicals Market, By Company
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