Syngas Market Report 2019 - Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

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Syngas Market Research Report - Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Syngas Market Research Report- Forecast to 2023
Syngas Market - Overview
The Global Syngas Market is expected to witness
a significant growth during the forecast period
owing to its extensive use as an intermediate for
production of fertilizers, fuels, solvent, and
synthetic materials. The various chemicals
produced using syngas include acetic acid,
ammonia, urea, oxo-chemicals, methanol, and
dimethyl carbonate. The growth of the chemicals
industries across the globe on the backdrop of
growth of complimenting industries such as
construction, automotive, aerospace, and
agriculture, is a primary factor influencing the
demand for syngas. View Full Press Release _at_
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s-market-7487
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Syngas Market Research Report- Forecast to 2023
Segmental Analysis
The Global Syngas Market has been segmented by
Feedstock, Process, Gasifier, Application and
Region. By Feedstock, the market is segmented
into plastic waste, biomass, petroleum coke,
coal, municipal solid waste, water treatment
plant sludge, and others. Among these, coal is
the leading segment as it is abundantly available
and provides cleanest method to convert coal into
hydrogen, electricity, and other valuable
products. Furthermore, the gasification of coal
has low sulphur and nitrogen oxides emission
levels, which makes it environment-friendly. Based
on the Process, the market has been segmented
into pyrolysis, gasification, steam reforming,
partial oxidation, autothermal reforming, and
others. The gasification process is widely used
for producing syngas owing to certain advantages
as compared to conventional process. The
advantages include requirement of low amount of
oxygen, which limits the formation of dioxins and
of large quantities of sulphur and nitrogen
oxides. This process requires low volume of
process gas, which results in need of smaller and
less expensive gas cleaning equipment. On the
Basis of Gasifier, the market is segmented into
fixed bed, entrained bed, fluidized bed, and
others. Fluidized bed gasifiers accounted for the
largest market share in 2017 as they have strong
gas-to-solids contact, excellent heat transfer
characteristics, better temperature control,
large heat storage capacity, a good degree of
turbulence, and high volumetric capacity.
However, they operate at pressures slightly above
atmospheric levels, respond slowly to load
changes, and expensive control systems, which
makes it difficult for these beds to be used at
small-scale levels. Based on Application, the
market has been segmented into industrial gases,
chemical synthesis, fuels, power generation,
fertilizers, and others. The chemical synthesis
dominated the global market in 2018 due to the
high demand for syngas in production of various
other chemicals. The growth of the chemical
industries across the globe is a major driver of
the Global Syngas Market. The chemical synthesis
segment is further segmented into ethanol,
methanol, ammonia, oxo chemicals, n-butanol,
dimethyl ether, dimethyl carbonate, sulfates, and
others.
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Syngas Market Research Report- Forecast to 2023
Regional Outlook
Regionally, the global market has been segmented
into five regions, namely, Asia-Pacific, North
America, Europe, Latin America, and the Middle
East Africa. Asia-Pacific accounted for the
largest market share in 2017 owing to the high
demand for power generation in the region as well
as the availability of raw materials. Moreover,
the high demand for fertilizers in the major
agricultural countries such as Taiwan, India,
Malaysia, and Vietnam are fueling the demand for
syngas. The growing chemical sector in
Asia-Pacific also drives the demand for syngas
during the forecast period. The market in Europe
and North America is expected to witness
significant growth during the forecast period, on
account of the high demand for Syngas as and
intermediate for production of chemicals.
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Syngas Market Research Report- Forecast to 2023
Major Players in this Research

• Syngas Market Prominent Players
• Air Products and Chemicals, Inc (US)
• Air Liquide (France)
• The Linde Group (Germany)
• Sasol (South Africa)
• Shell (Netherlands)
• Synthesis Energy Systems, Inc. (US)
• Yankuang Group (China)
• Methanex (Canada)
• Yara International (Norway)
• BASF SE (Germany)
• HELM AG (Germany)

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