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Syngas Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future.

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Presentation on theme: "Syngas Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future."— Presentation transcript:

1 Syngas Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 Syngas Market Research Report- Forecast to 2023 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 @ https://www.marketresearchfuture.com/reports/syngas-market-7487https://www.marketresearchfuture.com/reports/syngas-market-7487 Syngas Market - Overview

3 www.marketresearchfuture.com3 Syngas Market Research Report- Forecast to 2023 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. Segmental Analysis

4 www.marketresearchfuture.com4 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.

5 www.marketresearchfuture.com5 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) Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7487https://www.marketresearchfuture.com/sample_request/7487

6 www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

7 www.marketresearchfuture.com7 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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