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Syngas, which consists of hydrogen and carbon dioxide, is a natural gas fusion. It is an<br>adaptable intermediate used in methanol, ammonia, and SNG manufacturing. Syngas is<br>created by a reaction between steam and oxygen from several hydrocarbon feedstocks.
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Opportunity Analysis and Industry Forecast, 2016-20231 Syngas Market by Gasifier, Technology, Feedstock, and Application : Global Opportunity Analysis and Industry Forecast, 2020-2027 • Pages: 450 Tables: 274 Charts:72
Global Syngas Market Outlook (2020 – 2027) • Top Impacting Factors: • The global syngas market was valued at $43.6 billion in 2019, and is projected to reach $66.5 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. • Syngas, which consists of hydrogen and carbon dioxide, is a natural gas fusion. • It is an adaptable intermediate used in methanol, ammonia, and SNG manufacturing. • Syngas is created by a reaction between steam and oxygen from several hydrocarbon feedstocks. • Pages: 450 Tables: 274 Charts:72
Global Syngas Market Outlook (2020 – 2027) • The owing to the outbreak of COVID-19, rise in demand for chemical intermediaries in the production of hygiene and sanitation and pharmaceutical products is expected to drive the need for syngas in the chemical industry. • Steam reforming is the most utilized and cost-effective technology for the production of syngas. • The processing of syngas includes coal, an abundantly available raw material. • Pages: 450 Tables: 274 Charts:72
Global Syngas Market Outlook (2020 – 2027) • Key Findings of The Syngas Market : • On the basis of technology, the steam reforming segment emerged as the global leader with more than 39.6% share in 2019. • By feedstock, the coal segment is anticipated to witness moderate growth rate of 69.8%, in terms of revenue, during the forecast period. • Depending on application, the chemicals segment dominated the global syngas market with around 61.3% global market share in 2019. • Countries such as China, India, and Indonesia are emerging as an investment-centric hubs due to wide scope in the manufacturing sector. • Pages: 450 Tables: 274 Charts:72
The key players profiled in the report include: • SIEMENS AG • Sasol Limited • SynGas Technology LLC • BASF SE • Air Liquide • The Linde Group • Air Products and Chemicals Inc. • ROYAL DUTCH SHELL PLC. • Syngas Energy Holdings • John Wood Group Global Syngas Market Outlook (2020 – 2027) • Pages: 450 Tables: 274 Charts:72
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