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Coal Gasification Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 120
  • SKU: IRTNTR70736
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At an accelerating CAGR of 15.73%, the coal gasification market share is expected to increase to USD 10.36 billion by 2026.

This coal gasification market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers coal gasification market segmentations by the following:

  • Application - Chemicals, fuels, and power
  • Geography - APAC, Middle East and Africa, North America, Europe, and South America

The coal gasification market report also offers information on several market vendors, including Air Products and Chemicals Inc., Basin Electric Power Co., CASE GROUP, Chiyoda Corp., Ergo Exergy Technologies Inc., Johnson Matthey Plc, KBR Inc., L Air Liquide SA, Larsen and Toubro Ltd., McDermott International Ltd., Mitsubishi Heavy Industries Ltd., Oil and Natural Gas Corp. Ltd., Oxeye Energy Holdings Ltd., Regius Synfuels Ltd., SEDIN Engineering Co. Ltd.CNCEC, Siemens AG, Swan Hills Synfuels LLP, Synthesis Energy Systems Inc., and thyssenkrupp AG among others.

What will the Coal Gasification Market Size be During the Forecast Period?

Coal Gasification Market Size

Download the Free Report Sample to Unlock the Coal Gasification Market Size for the Forecast Period and Other Important Statistics

 

Coal Gasification Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rise in global energy demand is notably driving the coal gasification market growth, although factors such as environmental concerns may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the coal gasification industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Coal Gasification Market Driver

One of the key factors driving the global coal gasification market growth is the rise in global energy demand. According to the IEA, the demand for chemical products has been increasing substantially over the past two decades, primarily driven by the demand for nitrogenous fertilizers and plastics. Moreover, according to the IEA, global electricity demand increased two-fold during the past two decades. By 2040, global energy demand is expected to grow by more than 25%. The global population is expected to reach over nine billion by 2040. In addition, the demand for energy services like air conditioning is expected to grow, particularly in the residential sector in tandem with the growth in disposable income levels. Such factors are expected to drive market growth during the forecast period.

Key Coal Gasification Market Trend

Rise in global coal production is one of the key coal gasification market trends that is expected to impact the industry positively in the forecast period. Coal has been dominating the global energy mix due to its abundance, affordability, and widespread distribution globally. As of 2021, China was the largest coal producer in the world, followed by the US. Some other major coal-producing countries include Australia, India, and Russia. Also, the relaxation of coal import restrictions in China stimulated global coal production, particularly in Indonesia and the US. Thus, the rising production of coal is expected to boost the growth of the concerned market in the forecast coming years.

Key Coal Gasification Market Challenge

One of the key challenges to the global coal gasification market growth is environmental concerns. The sulfur content in the coal results in the production of acid gases owing to the high temperatures and low oxygen levels in the gasifier. Similarly, the nitrogen content in coal results in the formation of a small amount of ammonia and hydrogen cyanide. Underground coal gasification mostly takes place deep under the ground in unexposed coal seams. Subsidence resulting due to underground coal gasification processes can have an adverse impact on the groundwater level and flow because of the potentially modified groundwater recharge. Hence, vendors should ensure the efficiency of coal gasification processes and take care not to cause severe environmental damage that could take decades to recover. Such factors may limit the growth of the market in focus during the forecast period.

This coal gasification market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global coal gasification market as a part of the global coal and consumable fuels market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the coal gasification market during the forecast period.

Who are the Major Coal Gasification Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Air Products and Chemicals Inc.
  • Basin Electric Power Co.
  • CASE GROUP
  • Chiyoda Corp.
  • Ergo Exergy Technologies Inc.
  • Johnson Matthey Plc
  • KBR Inc.
  • L Air Liquide SA
  • Larsen and Toubro Ltd.
  • McDermott International Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • Oil and Natural Gas Corp. Ltd.
  • Oxeye Energy Holdings Ltd.
  • Regius Synfuels Ltd.
  • SEDIN Engineering Co. Ltd.CNCEC
  • Siemens AG
  • Swan Hills Synfuels LLP
  • Synthesis Energy Systems Inc.
  • thyssenkrupp AG

 

This statistical study of the coal gasification market encompasses successful business strategies deployed by the key vendors. The coal gasification market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Air Products and Chemicals Inc. - The company offers coal gasification technology through its Air Products Syngas Solutions, which can convert a wide range of coals, including petcoke and biomass, into syngas.
  • Air Products and Chemicals Inc. - Through the industrial gases Americas segment, the company operates from over 400 production and distribution facilities in North and South America.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The coal gasification market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Coal Gasification Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the coal gasification market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Coal Gasification Market?

Coal Gasification Market Market segmentation by region

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78% of the market's growth will originate from APAC during the forecast period. China, Australia, and Indonesia are the key markets for coal gasification in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising demand for energy, the presence of significant coal reserves, and the rising demand for clean energy technologies will facilitate the coal gasification market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In early 2020, the outbreak of COVID-19 hindered the demand for coal gasification from consumers and manufacturing industries in APAC. Several countries, including China, India, and the Philippines, were under a partial or full lockdown due to the pandemic. However, with the advent of vaccination drives in the region, there was a gradual decrease in the number of COVID-19 cases in the first half of 2021, which led to the lifting of the nationwide lockdown and reopening of manufacturing units, and resumption of the industrial supply chain. Owing to this, the transportation activities in the region, slowly started gaining pace, which led to an increase in gasoline demand. Such factors will have a positive impact on the market, leading to a high growth rate of the coal gasification market in the region during the forecast period.

What are the Revenue-generating Application Segments in the Coal Gasification Market?

Coal Gasification Market Segmentation

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The coal gasification market share growth by the chemicals segment will be significant during the forecast period. The rising demand for chemicals and chemical products, the rising focus on the efficient use of coal, the adoption of clean technology in the chemicals sector to reduce carbon emissions, and collaborations with various vendors in the market offering advanced technological solutions are expected to drive the chemicals segment in the forecast years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the coal gasification market size and actionable market insights on post COVID-19 impact on each segment.

 

Coal Gasification Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 15.73%

Market growth 2022-2026

$ 10.36 billion

Market structure

Concentrated

YoY growth (%)

15.19

Regional analysis

APAC, Middle East and Africa, North America, Europe, and South America

Performing market contribution

APAC at 78%

Key consumer countries

US, South Africa, China, Australia, and Indonesia

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Air Products and Chemicals Inc., Basin Electric Power Co., CASE GROUP, Chiyoda Corp., Ergo Exergy Technologies Inc., Johnson Matthey Plc, KBR Inc., L Air Liquide SA, Larsen and Toubro Ltd., McDermott International Ltd., Mitsubishi Heavy Industries Ltd., Oil and Natural Gas Corp. Ltd., Oxeye Energy Holdings Ltd., Regius Synfuels Ltd., SEDIN Engineering Co. Ltd.CNCEC, Siemens AG, Swan Hills Synfuels LLP, Synthesis Energy Systems Inc., and thyssenkrupp AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Coal Gasification Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive coal gasification market growth during the next five years
  • Precise estimation of the coal gasification market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the coal gasification industry across APAC, Middle East and Africa, North America, Europe, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of coal gasification market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Chemicals - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Chemicals - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Chemicals - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Chemicals - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Chemicals - Year-over-year growth 2021-2026 (%)
  • 5.4 Fuels - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Fuels - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Fuels - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Fuels - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Fuels - Year-over-year growth 2021-2026 (%)
  • 5.5 Power - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Power - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Power - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Power - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Power - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Application
    • Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 Europe - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 South Africa - Market size and forecast 2021-2026
    • Exhibit 70: Chart on South Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on South Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on South Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on South Africa - Year-over-year growth 2021-2026 (%)
  • 7.10 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.11 Australia - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Australia - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Australia - Year-over-year growth 2021-2026 (%)
  • 7.12 Indonesia - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Indonesia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Indonesia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Indonesia - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Indonesia - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Air Products and Chemicals Inc.
    • Exhibit 93: Air Products and Chemicals Inc. - Overview
    • Exhibit 94: Air Products and Chemicals Inc. - Business segments
    • Exhibit 95: Air Products and Chemicals Inc. - Key news
    • Exhibit 96: Air Products and Chemicals Inc. - Key offerings
    • Exhibit 97: Air Products and Chemicals Inc. - Segment focus
  • 10.4 KBR Inc.
    • Exhibit 98: KBR Inc. - Overview
    • Exhibit 99: KBR Inc. - Business segments
    • Exhibit 100: KBR Inc. - Key news
    • Exhibit 101: KBR Inc. - Key offerings
    • Exhibit 102: KBR Inc. - Segment focus
  • 10.5 L Air Liquide SA
    • Exhibit 103: L Air Liquide SA - Overview
    • Exhibit 104: L Air Liquide SA - Business segments
    • Exhibit 105: L Air Liquide SA - Key news
    • Exhibit 106: L Air Liquide SA - Key offerings
    • Exhibit 107: L Air Liquide SA - Segment focus
  • 10.6 McDermott International Ltd.
    • Exhibit 108: McDermott International Ltd. - Overview
    • Exhibit 109: McDermott International Ltd. - Product / Service
    • Exhibit 110: McDermott International Ltd. - Key news
    • Exhibit 111: McDermott International Ltd. - Key offerings
  • 10.7 Mitsubishi Heavy Industries Ltd.
    • Exhibit 112: Mitsubishi Heavy Industries Ltd. - Overview
    • Exhibit 113: Mitsubishi Heavy Industries Ltd. - Business segments
    • Exhibit 114: Mitsubishi Heavy Industries Ltd. - Key news
    • Exhibit 115: Mitsubishi Heavy Industries Ltd. - Key offerings
    • Exhibit 116: Mitsubishi Heavy Industries Ltd. - Segment focus
  • 10.8 Regius Synfuels Ltd.
    • Exhibit 117: Regius Synfuels Ltd. - Overview
    • Exhibit 118: Regius Synfuels Ltd. - Product / Service
    • Exhibit 119: Regius Synfuels Ltd. - Key offerings
  • 10.9 SEDIN Engineering Co. Ltd.CNCEC
    • Exhibit 120: SEDIN Engineering Co. Ltd.CNCEC - Overview
    • Exhibit 121: SEDIN Engineering Co. Ltd.CNCEC - Product / Service
    • Exhibit 122: SEDIN Engineering Co. Ltd.CNCEC - Key offerings
  • 10.10 Siemens AG
    • Exhibit 123: Siemens AG - Overview
    • Exhibit 124: Siemens AG - Business segments
    • Exhibit 125: Siemens AG - Key news
    • Exhibit 126: Siemens AG - Key offerings
    • Exhibit 127: Siemens AG - Segment focus
  • 10.11 Synthesis Energy Systems Inc.
    • Exhibit 128: Synthesis Energy Systems Inc. - Overview
    • Exhibit 129: Synthesis Energy Systems Inc. - Product / Service
    • Exhibit 130: Synthesis Energy Systems Inc. - Key offerings
  • 10.12 thyssenkrupp AG
    • Exhibit 131: thyssenkrupp AG - Overview
    • Exhibit 132: thyssenkrupp AG - Business segments
    • Exhibit 133: thyssenkrupp AG - Key news
    • Exhibit 134: thyssenkrupp AG - Key offerings
    • Exhibit 135: thyssenkrupp AG - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 136: Inclusions checklist
    • Exhibit 137: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 138: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 139: Research methodology
    • Exhibit 140: Validation techniques employed for market sizing
    • Exhibit 141: Information sources
  • 11.5 List of abbreviations
    • Exhibit 142: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Coal Gasification Market market growth will increase by $10.36 billion during 2022-2026.
The coal gasification market market is expected to grow at a CAGR of 15.73% during 2022-2026.
Technavio has segmented the coal gasification market market by application (Chemicals, Fuels, and Power) and geography (APAC, Middle East and Africa, North America, Europe, and South America).
Air Products and Chemicals Inc., Basin Electric Power Co., CASE GROUP, Chiyoda Corp., Ergo Exergy Technologies Inc., Johnson Matthey Plc, KBR Inc., L Air Liquide SA, Larsen and Toubro Ltd., McDermott International Ltd., Mitsubishi Heavy Industries Ltd., Oil and Natural Gas Corp. Ltd., Oxeye Energy Holdings Ltd., Regius Synfuels Ltd., SEDIN Engineering Co. Ltd.CNCEC, Siemens AG, Swan Hills Synfuels LLP, Synthesis Energy Systems Inc., thyssenkrupp AG are a few of the key vendors in the coal gasification market market.
APAC will register the highest growth rate of 78% among the other regions. Therefore, the coal gasification market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • South Africa
  • China
  • Australia
  • Indonesia
The key factors driving the coal gasification market market growth are:
  • Rise in global energy demand
  • Rise in global coal production
The coal gasification market market vendors should focus on grabbing business opportunities from the chemicals segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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  • Details on the market shares of various regions
  • Five-force market analysis

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