Global Syngas Market 2018-2022

This market research report presents a comprehensive analysis of the global syngas market by feedstock (coal, natural gas, and petroleum and by-products) and by application (chemicals, gaseous fuels, and others). The report also provides an analysis of the market’s growth prospects in regions such as the Americas, APAC, and EMEA.

Overview of the syngas market

The ability of syngas to be produced from a wide variety of feedstock such as coal, natural gas, petcoke, and biomass is impacting the market growth positively. The flexibility reduces the dependency on a raw material for producing syngas. The commercially available gasifiers are technologically advanced and possess the ability to process multiple feedstocks for syngas production. Thus, the availability of different types of raw materials across the globe has allowed the syngas producers to leverage the option of choosing feedstock based on the market conditions, eventually contributing significantly to the growth of syngas market during the forecast period. Technavio’s market research analysis identifies the growing flexibility in feedstock as one of the primary driving factors for the growth of this market during the next few years. According to Technavio’s market research report, the market is predicted to register a CAGR of about 18% by 2022.

Increasing use of underground coal gasification (UCG) is gaining traction in the market. Coal gasification using the UCG method allows the in-situ gasification process, which converts coal into syngas. Underground gasification is advantageous in terms of pressure range and feedstock compared to coal gasifiers. The feedstock need not be mined and brought to the surface or transported to gasification plants which gives significant cost advantages. The combination of environmental and economic benefits of UCG will spur syngas demand and production throughout the forecast period.

Companies covered

The syngas market is characterized by a presence of both international and regional players. With the increasing usage of UCG offering considerable growth opportunities, the players of biomass gas market are increasingly focused on expanding their product portfolio across the globe. To help clients improve their revenue shares in this competitive market, Technavio’s market research report on the global syngas market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.

This research report provides an analysis of various companies in the syngas market including

• Air Liquide
• Air Products and Chemicals
• Royal Dutch Shell
• SASOL
• Siemens
• The Linde Group
• Segmentation by application and analysis of the syngas market
• Chemicals
• Gaseous fuels

Chemicals segment dominated the syngas market in 2017.  According to Technavio’s market research report, the segment is expected to continue dominance in the biomass gas market throughout the forecast period as the syngas is used in producing a variety of chemicals such as methanol, ammonia, and dimethyl ether.

Segmentation by geography and analysis of the syngas market

• Americas
• APAC
• EMEA

APAC accounted for the largest share of the syngas market in 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the market throughout the forecast period.

Key questions answered in the report include

• What will the syngas market size and growth rate be in 2022?
• What are the key factors driving the global syngas market?
• What are the key market trends impacting the growth of the global syngas market?
• What are the challenges to market growth?
• Who are the key vendors in the global syngas market?
• What are the market opportunities and threats faced by the vendors in the global syngas market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global syngas market?