The need for gasification to substitute clean energy demand is growing rapidly. The adoption rate has further increased in industries such as power, oil & gas and chemicals. Increased application of the gasification in municipal industry has also increased significantly over the years.
Rapid development of infrastructure mainly in emerging countries has contributed to the growth of the gasification market worldwide. Besides this, rising need for clean energy is driving the world gasification market. However, high upfront cost has hindered the growth of the market to a greater extent. Moreover, growing adoption rate of UCG are expected to create greater opportunities.
The world gasification market is segmented based on application, type, feedstock and geography. The applications covered in the market research report are chemicals, gas fuels, power and liquid fuels. The types assessed during the study are entrained, moving or fixed bed and fluidized bed. Furthermore, the feedstock discussed during the research is coal, natural gas, petroleum and biomass. Regions such as North America, Europe, Asia Pacific and LAMEA.
The key market players active in the world gasification sector are SEDIN Engineering Company Limited, Royal Dutch Shell, Air Liquide, General Electric, GE, Mitsubishi Heavy Industries, Synthesis Energy Systems, Thyssenkrupp and CB&I.
KEY BENEFITS FOR STAKEHOLDERS
GASIFICATION MARKET KEY SEGMENTS
Market By Application
Market By Type
Market By Feedstock
Market By Geography