Global Gasification Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030
- Report Code : FAT2060389
- Published On: Oct, 2020
- Category : Energy & Power
- Pages : 150
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Global Gasification Market by Application Type (Power Fuels, Gas Fuels, Chemicals, and Liquid Fuels); By Product (Plasma Gasification, Fixed Bed, Entrained Flow, And Fluidized Bed); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Product Overview
Gasification is the finest way to convert fossil fuels into gases without spilling fossil fuels into combustion. The resulting gas also has higher calorific value than the fossil fuel used, as it is known as syngas. This is one of the driving forces to expand the global market for gasification. Furthermore, the syngas produced are used for hydrogen and methanol gas engines, fuel cells, and processing.
Market Highlights
Fatpos Global anticipates the Gasification market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. Surging demand is anticipated to drive the market for cleaner and more efficient energy production technologies for both industries and domestic requirements. Some power production technologies require energy wastage during combustion. Gasification is therefore a safer way of producing electricity using oil optimally.
Global Gasification Market: Segments
Global Gasification market has been segmented on the basis of product type, application type and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.
By Product Type (in %), Global Gasification Market, 2019
Fixed bed dominated the market with over XX% of the market share in 2019
Global Gasification Market is segmented by product into: plasma gasification, fixed bed, entrained flow, and fluidized bed.
In addition, the fixed bed gasification is categorized as contra-current and co-current. Gas agent moves in the opposite direction to the fuel in counter-current fixed bed processing system, whereas in co-current it stays parallel. Compared with the counter current method, co-current gasification results in a more productive production and is used in broad applications. Conversely, other systems are also evolving niche applications. The fastest growing form of process during the predicted period is expected to be plasma gasification, which is cleanest among other gasification processes.
Global Gasification Market: Market Dynamics
Drivers
• Wide Application:
This is used in the generation of hydrogen and methanol in gas engines, fuel cells and production. In addition, these gases are widely used in both industrial and residential uses. In the previous years, these factors will collectively strengthen the gasification market.
Restraints
The prevalent use of biofuels to produce electricity in enterprises is likely to conflict with the gasification process. In exchange, this will impede the development of the market in gasification.
Global Gasification Market: Regions
The North America is anticipated to dominate the market with XX% market share in 2019 growing at a CAGR of XX% over the forecasted period.
It is predicted that the area will also see the highest rise in the forecast period. As a result of increasing demand for energy within rural areas, particularly for biomass gasification, emerging countries such as India, China and Indonesia are anticipated to attract market players. Growing demand for biomass gasification characterizes the markets of Europe and North America.
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
These actors adopt policies to further improve their footprints in the market, such as providing multi-annual services contracts for current and emerging power plant shareholders. Competition among the leading suppliers is based on their gas turbines 'productivity and effectiveness, as well as their customers' associated services. In order to boost its market dominance due to the rapid technological change and fierce competition, the technical capability and R&D are one of the most important focal areas of industry.
Global Gasification Market: Key Players
• Royal Dutch Shell
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Siemens
• SEDIN Engineering Company Limited
• Sierra Energy
• Harbin Electric International Company Limited
• PRM Energy Systems Inc.
• Synthesis Energy Systems Inc.
• Mitsubishi Hitachi Power Systems Ltd.
• Air Liquide
• General Electric
• Thyssenkrupp AG
• Dakota Gasification Company
• Other prominent players
Global Gasification market report also contains analysis on:
• Gasification Market Segments:
o By Product:
Heavy Duty
Aeroderivative
o By Application Type:
Power generation
Oil & gas
Other industrial applications
• Gasification Market Dynamics
• Gasification Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
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With tables and figures helping analyze worldwide Global Gasification market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1. Executive Summary
2. Gasification
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Market Dynamics
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. Correlation & Regression Analysis
6.1. Correlation Matrix
6.2. Regression Matrix
7. Recent Development, Policies & Regulatory Landscape
8. Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Gasification Industry Analysis
9.1. Porters Five Forces
9.1.1. Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Global Gasification Market
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. Global Gasification Market: Market Segmentation
11.1. By Regions
11.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By application type: Market Share (2020-2030F)
11.2.1. Power fuels, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Gas Fuels, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. Chemicals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.4. Liquid Fuels, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By product: Market Share (2020-2030F)
11.3.1. plasma gasification, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. fixed bed, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. entrained flow, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. fluidized bed, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Company Profile
12.1. Royal Dutch Shell
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. Siemens
12.3. SEDIN Engineering Company Limited
12.4. Sierra Energy
12.5. Harbin Electric International Company Limited
12.6. PRM Energy Systems Inc.
12.7. Synthesis Energy Systems Inc.
12.8. Mitsubishi Hitachi Power Systems Ltd.
12.9. Air Liquide
12.10. General Electric
12.11. Thyssenkrupp AG
12.12. Dakota Gasification Company
12.13. Other prominent players
13. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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The Global Gasification Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
It is expected that the Global Gasification Market will reach USD XX million by 2029.
The Global Gasification Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
In this highly competitive and rapidly evolving Global Gasification Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.