ASIA PACIFIC SYNGAS MARKET FORECAST 2018-2026

ASIA PACIFIC SYNGAS MARKET FORECAST 2018-2026

  • July 2018 •
  • 74 pages •
  • Report ID: 5472832 •
  • Format: PDF
KEY FINDINGS
Already the Asia-Pacific syngas market accounts for the highest revenue share in the global market, and it is now estimated to showcase the highest CAGR of 9.21% over the forecast period of 2018-2026. The production of syngas is anticipated to further increase primarily due to rising number of upcoming and operating production plants in the region.

MARKET INSIGHTS
The reduction in coal prices makes the syngas market economically viable in the Asia-Pacific region.Presently, the China syngas market dominates this region.

A top Chinese coal miner, Yankuang Group, and the U.S. industrial gas supplier Air Products and Chemicals Inc plans to build an $xx billion coal-to-synthesis gas (syngas) plant in China. Other major markets considered in this report include India, Japan, and rest of Asia-Pacific. Increasing research & development investments are propelling this region’s growth.

COMPETITIVE INSIGHTS
Established players such as Dakota Gasification Company, Yara International, General Electric Company, Agrium Inc, The Linde Group,Sasol Limited, Technip (Now Technipfmc), Haldor Topsoe A/S, Air Liquide Sa, Kbr Inc, Air Products& Chemicals Inc and Royal Dutch Shell Plc are involved in this market.