Syngas Chemicals Global Market Briefing 2018

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Syngas Chemicals Global Market Briefing 2018

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Asia-Pacific was the largest geographic region in the syngas chemicals market in 2017, accounting for $17.3 billion or 37.2% share in the market. The USA was the largest country in the market in 2017, accounting for $8.7 billion or 18.7% share in the market. Read Report – PowerPoint PPT presentation

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Title: Syngas Chemicals Global Market Briefing 2018


1
Syngas Chemicals Global Market Briefing 2018
2
Topics Covered
  • Syngas Chemicals Market Size
  • Syngas Chemicals Market Trend
  • Syngas Chemicals Market Segmentation

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3
Introduction-
  • Syngas chemicals are primarily produced from
    synthesis gas, a gaseous mixture of hydrogen and
    carbon monoxide. The prime compound obtained from
    catalytic reaction of syngas is methanol.
    Methanol is further utilized to produce other
    industrially important chemicals such as
    formaldehyde, and acetyls.

4
Companies covered-
  • Celanese Corporation
  • LyondellBasell Industries Holdings BV
  • China National Petroleum Corporation
  • East-man Chemical Company
  • Methanex Corporation.
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5
Countries Covered
  • USA
  • China
  • Germany
  • Brazil
  • Japan
  • UK
  • Spain
  • Russia
  • France
  • Australia
  • Italy
  • India
  • Rest of the world

6
Syngas Chemicals Market Trend
  • Coal gasification as feedstock is being widely
    used to increase petrochemicals production in
    general and specifically syngas. Petrochemical
    companies in China developed coal-based liquid
    fuels as a raw material to reduce its dependency
    on imported oil. The Chinese government is also
    encouraging petrochemical companies to use coal
    as feedstock to reduce oil and gas imports.
    Chinese and Indian companies should adopt coal
    gasification technologies to reduce dependence on
    imported oil and gas.
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7
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8
Syngas Chemicals Market Segmentation
  • Methanol
  • Acetyls
  • Formaldehyde Resins
  • Methyl Tertiary-Butyl Ether
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9
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