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Syngas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global syngas market reached a volume of 308.8 GWth in 2021. Looking forward, IMARC Group expects the market to reach 574.5 GWth by 2027, exhibiting at a CAGR of 10.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Syngas, or synthesis gas, is a fuel gas mixture of carbon monoxide, hydrogen, carbon dioxide and trace gases. It is produced through gasification of carbon-containing fuel such as coal when it is exposed to heat, air and water in a closed space. Since syngas has over half of the energy density of natural gas, it can be easily burnt and used as a fuel source. It is carbon-rich and is extensively used to generate Synthetic Natural Gas (SNG), oxo-chemicals, dimethyl ether, hydrogen and ammonia or methanol for industrial applications. It is also used to produce a variety of fertilizers, solvents, fuels and synthetic materials. 

Growing demand for syngas from the chemical industry is one of the key factors driving the market growth. Furthermore, syngas is primarily used to produce SNG that is used in the form of Liquified Natural Gas (LNG) and Compressed Natural Gas (CNG) in rail, marine and road transportation industries. It can also be used to fuel gas engines for power supply owing to benefits such as low energy costs, increased stability and predictability. Moreover, the development of underground coal gasification (UCG) method is also creating a positive outlook for the market. It facilitates the completion of in-situ gasification process that converts coal into syngas. This is catalyzing the market growth as it reduces the need to transport the feedstock to the gasification plants, which consequently provides significant cost benefits. Additionally, growing environmental consciousness and stringent government regulations regarding the usage of clean fuels are also significantly contributing to the market growth. Syngas is crucial in reducing the waste pollution in landfills and greenhouse gases from the atmosphere.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global syngas market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on gasifier type, feedstock, technology and end-use.

Breakup by Gasifier Type:

  • Fixed Bed 
  • Fluidized Bed
  • Entrained Flow
     

Breakup by Feedstock:

  • Coal
  • Natural Gas
  • Petroleum
  • Pet-Coke
  • Biomass and Waste
     

Breakup by Technology:

  • Steam Reforming
  • Partial Oxidation
  • Combined or Two-Step Reforming
  • Auto Thermal Reforming
  • Others
     

Breakup by End-Use:

  • Chemicals
    • Ammonia
    • Gas to liquid
    • Hydrogen
    • Methanol
    • N-Butanol
    • Dimethyl Ether
  • Liquid Fuels
  • Gaseous Fuels
  • Power Generation
     

Breakup by Region:

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Air Products and Chemicals, Air Liquide, BASF SE, BP PLC, Royal Dutch Shell, Siemens, The Linde Group, General Electric, Dakota Gasification Company, SynGas Technology LLC, TechnipFMC PLC, OXEA GmbH, Yara, John Wood Group, ECUST, etc.

IMARC Group’s latest report provides a deep insight into the global syngas market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the syngas market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units GWth
Segment Coverage Gasifier Type, Feedstock, Technology, End-Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Air Products and Chemicals, Air Liquide, BASF SE, BP PLC, Royal Dutch Shell, Siemens, The Linde Group, General Electric, Dakota Gasification Company, SynGas Technology LLC, TechnipFMC PLC, OXEA GmbH, Yara, John Wood Group and ECUST
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global syngas market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global syngas industry?
  • What are the key regional markets in the global syngas industry?
  • What is the breakup of the market based on the gasifier type?
  • What is the breakup of the market based on the feedstock?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the end-use?
  • What are the various stages in the value chain of the global syngas industry?
  • What are the key driving factors and challenges in the global syngas industry?
  • What is the structure of the global syngas industry and who are the key players?
  • What is the degree of competition in the global syngas industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Syngas Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19 
    5.4    Market Breakup by Gasifier Type
    5.5    Market Breakup by Feedstock
    5.6    Market Breakup by Technology
    5.7    Market Breakup by End-Use 
    5.8    Market Breakup by Region
    5.9    Market Forecast
6    Market Breakup by Gasifier Type
    6.1    Fixed Bed
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Fluidized Bed
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Entrained Flow
        6.3.1    Market Trends
        6.3.2    Market Forecast
7    Market Breakup by Feedstock
    7.1    Coal
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Natural Gas
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Petroleum
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Pet-Coke
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Biomass and Waste
        7.5.1    Market Trends
        7.5.2    Market Forecast
8    Market Breakup by Technology
    8.1    Steam Reforming
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Partial Oxidation
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Combined or Two-Step Reforming
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Auto Thermal Reforming
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Others
        8.5.1    Market Trends
        8.5.2    Market Forecast
9    Market Breakup by End-Use
    9.1    Chemicals 
       9.1.1    Market Trends 
       9.1.2    Market Breakup by Type
                    9.1.2.1   Ammonia
                    9.1.2.2   Gas to liquid
                    9.1.2.3   Hydrogen
                    9.1.2.4   Methanol
                    9.1.2.5   N-Butanol
                    9.1.2.6   Dimethyl Ether
       9.1.3    Market Forecast  
   9.2    Liquid Fuels
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Gaseous Fuels
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Power Generation
        9.4.1    Market Trends
        9.4.2    Market Forecast
10    Market Breakup by Region
    10.1    Asia Pacific
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Europe
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    North America
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Air Products and Chemicals
        15.3.2    Air Liquide
        15.3.3    BASF SE
        15.3.4    BP PLC
        15.3.5    Royal Dutch Shell
        15.3.6    Siemens
        15.3.7    The Linde Group
        15.3.8    General Electric
        15.3.9    Dakota Gasification Company
        15.3.10     SynGas Technology LLC
        15.3.11     TechnipFMC PLC
        15.3.12     OXEA GmbH
        15.3.13     Yara
        15.3.14     John Wood Group
        15.3.15     ECUST

List of Figures

Figure 1: Global: Syngas Market: Major Drivers and Challenges
Figure 2: Global: Syngas Market: Consumption Volume (in GWth), 2016-2021
Figure 3: Global: Syngas Market: Breakup by Gasifier Type (in %), 2021
Figure 4: Global: Syngas Market: Breakup by Feedstock (in %), 2021
Figure 5: Global: Syngas Market: Breakup by Technology (in %), 2021
Figure 6: Global: Syngas Market: Breakup by End-Use (in %), 2021
Figure 7: Global: Syngas Market: Breakup by Region (in %), 2021
Figure 8: Global: Syngas Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 9: Global: Syngas (Fixed Bed) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 10: Global: Syngas (Fixed Bed) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 11: Global: Syngas (Fluidized Bed) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 12: Global: Syngas (Fluidized Bed) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 13: Global: Syngas (Entrained Flow) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 14: Global: Syngas (Entrained Flow) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 15: Global: Syngas (Coal) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 16: Global: Syngas (Coal) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 17: Global: Syngas (Natural Gas) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 18: Global: Syngas (Natural Gas) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 19: Global: Syngas (Petroleum) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 20: Global: Syngas (Petroleum) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 21: Global: Syngas (Pet-Coke) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 22: Global: Syngas (Pet-Coke) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 23: Global: Syngas (Biomass and Waste) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 24: Global: Syngas (Biomass and Waste) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 25: Global: Syngas (Steam Reforming) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 26: Global: Syngas (Steam Reforming) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 27: Global: Syngas (Partial Oxidation) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 28: Global: Syngas (Partial Oxidation) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 29: Global: Syngas (Combined or Two-Step Reforming) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 30: Global: Syngas (Combined or Two-Step Reforming) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 31: Global: Syngas (Auto-Thermal Reforming) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 32: Global: Syngas (Auto-Thermal Reforming) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 33: Global: Syngas (Other Technologies) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 34: Global: Syngas (Other Technologies) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 35: Global: Syngas (Chemicals) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 36: Global: Syngas (Chemicals) Market: Breakup by Type (in %), 2021
Figure 37: Global: Syngas (Chemicals) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 38: Global: Syngas (Liquid Fuels) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 39: Global: Syngas (Liquid Fuels) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 40: Global: Syngas (Gaseous Fuels) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 41: Global: Syngas (Gaseous Fuels) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 42: Global: Syngas (Power Generation) Market: Consumption Volume (in GWth), 2016 & 2021
Figure 43: Global: Syngas (Power Generation) Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 44: Asia Pacific: Syngas Market: Consumption Volume (in GWth), 2016 & 2021
Figure 45: Asia Pacific: Syngas Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 46: Europe: Syngas Market: Consumption Volume (in GWth), 2016 & 2021
Figure 47: Europe: Syngas Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 48: North America: Syngas Market: Consumption Volume (in GWth), 2016 & 2021
Figure 49: North America: Syngas Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 50: Middle East and Africa: Syngas Market: Consumption Volume (in GWth), 2016 & 2021
Figure 51: Middle East and Africa: Syngas Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 52: Latin America: Syngas Market: Consumption Volume (in GWth), 2016 & 2021
Figure 53: Latin America: Syngas Market Forecast: Consumption Volume (in GWth), 2022-2027
Figure 54: Global: Syngas Industry: SWOT Analysis
Figure 55: Global: Syngas Industry: Value Chain Analysis 
Figure 56: Global: Syngas Industry: Porter’s Five Forces Analysis
Figure 57: Global: Syngas Market: Breakup of Operating Cost (in %) 

List of Tables

Table 1: Global: Syngas Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Syngas Market: Breakup by Gasifier Type (in GWth), 2016 & 2021
Table 3: Global: Syngas Market Forecast: Breakup by Gasifier Type (in GWth), 2022-2027
Table 4: Global: Syngas Market: Breakup by Feedstock (in GWth), 2016 & 2021
Table 5: Global: Syngas Market Forecast: Breakup by Feedstock (in GWth), 2022-2027
Table 6: Global: Syngas Market: Breakup by Technology (in GWth), 2016 & 2021
Table 7: Global: Syngas Market Forecast: Breakup by Technology (in GWth), 2022-2027
Table 8: Global: Syngas Market: Breakup by End-Use (in GWth), 2016 & 2021
Table 9: Global: Syngas Market Forecast: Breakup by End-Use (in GWth), 2022-2027
Table 10: Global: Syngas Market: Breakup by Region (in GWth), 2016 & 2021
Table 11: Global: Syngas Market Forecast: Breakup by Region (in GWth), 2022-2027
Table 12: Global: Syngas Industry: Key Price Indicator
Table 13: Global: Syngas Market Structure
Table 14: Global: Syngas Market: Key Players

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