Gasification Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1526 | Report Format : | Status : Upcoming |

Abstract

Global Gasification Market: Overview

Gasification is a process of converting organic carbonaceous materials into carbon dioxide, carbon monoxide, and hydrogen. With the controlled amount of oxygen, the materials are reacted at very high temperatures. It is a thermochemical process, which converts hydrocarbons such as biomass, coal, natural gas, petroleum, and petcoke into simple molecules known as syngas by partial oxidation with oxygen and air. Gasification emerges as the best alternative for clean energy; it is rapidly being adopted in the various industries such as chemicals, oil & gas, and power. Available feedstock for gasification includes biomass, petroleum, natural gas, and coal. Most commonly used feedstock in the gasification processes for industrial applications are coal and petroleum.

Global Gasification Market: Growth Factors

The demand for clean and efficient energy generation technology has increased among household and industrial applications thus driving the global gasification market. Other energy generation technologies cause wastage of energy during the combustion process. However, gasification process generates energy with optimum utilization of energy. The resultant gas formed in the process is known as producer gas, which has high calorific value as compared to fossil fuels. Producer gas generates a huge amount of energy than combustion of fossil fuels; this is the major driving factor of the market growth. Application of the gasification has increased in the municipal industry in the past few years. However, wide usage of the biofuels in the generation of the power and the high cost that is associated with gasification hinders the global market growth to some extent.

Global Gasification Market: Segmentation

The global gasification market is fragmented into feedstock, application, gasifier type, and regions. The feedstock segment is classified into petroleum, coal, biomass, natural gas, and others. Based on the application segment, the global market is divided into gas fuels, liquid fuels, chemicals, and power. The power application segment is dominating across the world due to increasing industrial and household applications. On the basis of gasifier type, the market is segregated into the fluidized bed, entrained, moving/fixed bed, and others. Region-wise, the global market is diversified into Asia Pacific, North America, Europe, and Rest of the World.

Global Gasification Market: Regional Analysis

Asia Pacific is the leading region in the global gasification market due to the increasing applications of gasification in the end-use industries. This growth is expected to continue in the near future. Other developing countries such as Indonesia, India, and China anticipate attracting rural areas owing to rising power demand in these regions for biomass gasification. North America and Europe will show a significant growth in the coming years. Rapid infrastructural development in the Asia Pacific region contributes to the growth of the market. Rising need for clean energy and increasing acceptance of the UCG in the Latin America anticipates propelling the global market.

Global Gasification Market: Competitive Players

The major market players in the global gasification market include General Electric, Royal Dutch Shell, Synthesis Energy Systems Inc., Sedin Engineering Company Limited, Air Liquide, Thyssenkrupp AG, Siemens, Mitsubishi Heavy Industries, KBR, and CB&I.

Global Gasification Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Geothermal Energy Market:Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3133 | Report Format:

Geothermal Energy Market: Overview Geothermal energy is generated from the heat that is naturally available from the earth. Hot water or steam is utilized to produce geothermal energy which can be used to generate electricity. The geothermal energy market is in high demand as it emits much less ...Read More

HVDC Converter Station Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3127 | Report Format:

Global HVDC Converter Station Market: Overview A high voltage direct current converter is a unique kind of substation which is majorly utilized as a tool for HVDC transmission lines. The converter stations are particularly utilized to transmit huge power to long distances. Global HVDC Converte...Read More

Distributed Energy Resource Management System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3126 | Report Format:

Global Distributed Energy Resource Management System Market: Overview A distributed energy resource management system allows utilities to administer distribution grids with a range of connected distributed energy generation assets as well as capitalizes on the advantages from the distributed res...Read More

AI in Oil & Gas Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3114 | Report Format:

Global AI in Oil Gas Market: Overview Oil is considered to be the extremely valued commodity in the energy division. Few of the AI solutions are surrogate reservoir modeling, top-down intelligent reservoir modeling, process optimization, and shale analytics. Growing variation of automation, ris...Read More

Volt/VAr Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3112 | Report Format:

Global Volt/VAr Management Market: Overview Volt/VAr management technologies are mainly used by the power manufacturing industry to decrease any kind of electric line losses as well as to increase the grid effectiveness. Volt/VAr management is necessary for the function of electrical effectivene...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.