SYNGAS MARKET
(Global Market Trends, Size, Share & Analysis 2017-2026)
GLOBAL SYNGAS MARKET FORECAST 2017-2026 “Global Syngas market is expected to showcase a healthy CAGR growth of 9.52% over the
forecast period of 2017 – 2026.”
Syngas is a valuable material used for refining processes and petrochemicals. The demand for the market is expected to rise from133270 MW in 2016 to 330273 MW by 2026.
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MARKET DRIVERS
01
FLEXIBILITY IN FEEDSTOCK
03
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GROWING DEMAND FOR ELECTRICITY
02
USE OF GASIFICATION TECHNIQUES
04
FUEL, AND AGRICULTURAL PRODUCTS
MARKET INSIGHTS
• Application and feedstock's are the primary market segments for Syngas. • The feedstock segment is further classified into petroleum and by-products, biomass/waste, coal and natural gas. Inkwood Research
• The application segments include power, gaseous fuel, liquid fuels, and chemicals. • The production of solarderived synthetic fuels is further presenting the market with lucrative opportunities.
• However, the initial-high investments and the complexity of processes involved in producing Syngas are acting as restraining factors for the market growth.
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Global Syngas Market Growing at a CAGR 9.52% During the Forecast Period of 2017-2026 Download Free Sample
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COMPETITIVE INSIGHTS
Some of the established players in this market are Air Liquide Sa, Agrium Inc, Air Products & Chemicals Inc, General
Electric
Company,
Dakota
Gasification
Company, Haldor Topsoe A/S, Royal Dutch Shell Plc, Kbr Inc, Sasol Limited, The Linde Group, Technip (Now Technipfmc), and Yara International.
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