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SYNGAS AND DERIVATIVES

Global Market Trajectory & Analytics

MCP-7590

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  •  DATE

    JULY 2020

  •  TABLES

    216

  •  PAGES

    309

  •  EDITION

    20

  •  PRICE

    USD $5450

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Syngas and Derivatives estimated at 187.5 Thousand MWth in the year 2020, is projected to reach a revised size of 325.9 Thousand MWth by 2027, growing at a CAGR of 8.2% over the analysis period 2020-2027.Steam Reforming, one of the segments analyzed in the report, is projected to grow at a 9.1% CAGR to reach 86.3 Thousand MWth by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Partial Oxidation segment is readjusted to a revised 9.1% CAGR for the next 7-year period. This segment currently accounts for a 21.1% share of the global Syngas and Derivatives market.
The Syngas and Derivatives market in the U.S. is estimated at 50.6 Thousand MWth in the year 2020. The country currently accounts for a 27.01% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 74.3 Thousand MWth in the year 2027 trailing a CAGR of 12.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR while Rest of European market (as defined in the study) will reach 74.3 Thousand MWth by the year 2027.
In the global Autothermal Reforming segment, USA, Canada, Japan, China and Europe will drive the 7.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of 18.3 Thousand MWth in the year 2020 will reach a projected size of 31.2 Thousand MWth by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 45.4 Thousand MWth by the year 2027, while Latin America will expand at a 9.7% CAGR through the analysis period. We bring years of research experience to this 20th edition of our report. The 309-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Air Liquide Global E&C Solutions; Air Products and Chemicals, Inc.; BASF SE; BioMCN; CF Industries Holdings, Inc.; Dow Inc.; General Electric Company; Haldor Topsoe A/S; KBR, Inc.; KT - Kinetics Technology SpA; Linc Energy Ltd.; Linde AG (The Linde Group); Methanex Corporation; Mitsubishi Heavy Industries Ltd.; Nutrien Ltd.; Oxea GmbH; Royal Dutch Shell PLC; Royal Dutch Shell PLC; Sasol Ltd.; Siemens AG; SynGas Technology, LLC
» Production Technology (Steam Reforming, Partial Oxidation, Autothermal Reforming, Combined or Two-step Reforming, and Biomass Gasification) » End-Use (Chemical, Liquid Fuels, Power Generation, and Gaseous Fuels)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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