Syngas & Derivatives Market By Size, Share, Trends, Competition, Opportunity, Forecast 2027

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Syngas & Derivatives Market By Size, Share, Trends, Competition, Opportunity, Forecast 2027

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Global Syngas & Derivatives Market stood at USD248.89 billion in 2021 and is expected to grow at a CAGR of 6.27% during the forecast period due to increasing use of syngas in chemical industry and syngas’ use as a clean alternative to fossil fuel. Synthesis gas is a catch-all name for unprocessed gas made from hydrocarbon feedstocks, with primary constituents being hydrogen and carbon monoxide and secondary constituents being CO2, methane, etc. Syngas is a necessary step in the production of gasoline, chemicals, and fertilizers. Examples of important derivatives include methanol, ammonia, high-speed diesel, polymers, etc. It is an intermediate product that can be further processed in several ways to yield various energy outputs, including electricity and high-quality gaseous or liquid fuels that can be used as transportation fuels. DOWNLOAD FREE SAMPLE REPORT: – PowerPoint PPT presentation

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Title: Syngas & Derivatives Market By Size, Share, Trends, Competition, Opportunity, Forecast 2027


1
2015 2025
2015 2025
2017 2027
GLOBAL SYNGAS AND DERIVATIVES MARKET FORECAST AND
OPPORTUNITIES
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
2
  • Table of Contents

S. No. Contents Contents Contents Contents
1. Product Overview Product Overview Product Overview Product Overview
2. Research Methodology Research Methodology Research Methodology Research Methodology
3. Executive Summary Executive Summary Executive Summary Executive Summary
4. Voice of Customer Voice of Customer Voice of Customer Voice of Customer
5. Impact of COVID-19 on Global Syngas Derivatives Market Impact of COVID-19 on Global Syngas Derivatives Market Impact of COVID-19 on Global Syngas Derivatives Market Impact of COVID-19 on Global Syngas Derivatives Market
6. Global Syngas Derivatives Market Overview Global Syngas Derivatives Market Overview Global Syngas Derivatives Market Overview Global Syngas Derivatives Market Overview
6.1. List of Major Existing Upcoming Syngas (HyCo) Projects List of Major Existing Upcoming Syngas (HyCo) Projects List of Major Existing Upcoming Syngas (HyCo) Projects
6.1.1. By Ownership By Ownership
6.1.2. By Capacity (Nm3/h) By Capacity (Nm3/h)
7. Global Syngas Derivatives Market Outlook, 2017-2027F Global Syngas Derivatives Market Outlook, 2017-2027F Global Syngas Derivatives Market Outlook, 2017-2027F Global Syngas Derivatives Market Outlook, 2017-2027F
7.1. Market Size Forecast Market Size Forecast Market Size Forecast
7.1.1. By Value Volume By Value Volume
7.2. Market Share Forecast Market Share Forecast Market Share Forecast
7.2.1. By Production Technology (Partial Oxidation, Steam Reforming, Autothermal Reforming, Biomass Gasification, Others) By Production Technology (Partial Oxidation, Steam Reforming, Autothermal Reforming, Biomass Gasification, Others)
7.2.2. By Gasifier Type (Entrained Flow Gasifier, Fixed (Moving) Bed Gasifier, Fluidized Bed Gasifier, Others) By Gasifier Type (Entrained Flow Gasifier, Fixed (Moving) Bed Gasifier, Fluidized Bed Gasifier, Others)
7.2.3. By Feedstock (Natural Gas, Coal, Petroleum By products, Biomass/Waste) By Feedstock (Natural Gas, Coal, Petroleum By products, Biomass/Waste)
7.2.4. By Application (Chemicals Fertilizer, Fuel, and Electricity) By Application (Chemicals Fertilizer, Fuel, and Electricity)
7.2.4.1. By Chemical Derivatives (Ammonia, Methanol, Others)
7.2.5. By Consumption (Captive, Merchant) By Consumption (Captive, Merchant)
7.2.6. By Region By Region
7.2.7. By Company (2021) By Company (2021)
8. Asia Pacific Syngas Derivatives Market Outlook Asia Pacific Syngas Derivatives Market Outlook Asia Pacific Syngas Derivatives Market Outlook Asia Pacific Syngas Derivatives Market Outlook
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S. No. Contents Contents Contents Contents Contents
8.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
8.1.1. By Value Volume By Value Volume By Value Volume
8.2. Market Share Forecast Market Share Forecast Market Share Forecast Market Share Forecast
8.2.1. By Production Technology By Production Technology By Production Technology
8.2.2. By Gasifier Type By Gasifier Type By Gasifier Type
8.2.3. By Feedstock By Feedstock By Feedstock
8.2.4. By Application By Application By Application
8.2.4.1. By Chemical Derivatives By Chemical Derivatives
8.2.5. By Consumption By Consumption By Consumption
8.2.6. By Country By Country By Country
8.3. Asia-Pacific Country Analysis Asia-Pacific Country Analysis Asia-Pacific Country Analysis Asia-Pacific Country Analysis
8.3.1. China Syngas Derivatives Market Outlook China Syngas Derivatives Market Outlook China Syngas Derivatives Market Outlook
8.3.1.1. Market Size Forecast Market Size Forecast
8.3.1.1.1. By Value Volume
8.3.1.2. Market Share Forecast Market Share Forecast
8.3.1.2.1. By Production Technology
8.3.1.2.2. By Application
8.3.2. India Syngas Derivatives Market Outlook India Syngas Derivatives Market Outlook India Syngas Derivatives Market Outlook
8.3.2.1. Market Size Forecast Market Size Forecast
8.3.2.1.1. By Value Volume
8.3.2.2. Market Share Forecast Market Share Forecast
8.3.2.2.1. By Production Technology
8.3.2.2.2. By Application
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S. No. Contents Contents Contents Contents Contents
8.3.3. Australia Syngas Derivatives Market Outlook Australia Syngas Derivatives Market Outlook Australia Syngas Derivatives Market Outlook
8.3.3.1. Market Size Forecast Market Size Forecast
8.3.3.1.1. By Value Volume
8.3.3.2. Market Share Forecast Market Share Forecast
8.3.3.2.1. By Production Technology
8.3.3.2.2. By Application
8.3.4. South Korea Syngas Derivatives Market Outlook South Korea Syngas Derivatives Market Outlook South Korea Syngas Derivatives Market Outlook
8.3.4.1. Market Size Forecast Market Size Forecast
8.3.4.1.1. By Value Volume
8.3.4.2. Market Share Forecast Market Share Forecast
8.3.4.2.1. By Production Technology
8.3.4.2.2. By Application
8.3.5. Japan Syngas Derivatives Market Outlook Japan Syngas Derivatives Market Outlook Japan Syngas Derivatives Market Outlook
8.3.5.1. Market Size Forecast Market Size Forecast
8.3.5.1.1. By Value Volume
8.3.5.2. Market Share Forecast Market Share Forecast
8.3.5.2.1. By Production Technology
8.3.5.2.2. By Application
9. Middle East Africa Syngas Derivatives Market Outlook Middle East Africa Syngas Derivatives Market Outlook Middle East Africa Syngas Derivatives Market Outlook Middle East Africa Syngas Derivatives Market Outlook Middle East Africa Syngas Derivatives Market Outlook
9.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
9.1.1. By Value Volume By Value Volume By Value Volume
9.2. Market Share Forecast Market Share Forecast Market Share Forecast Market Share Forecast
9.2.1. By Production Technology By Production Technology By Production Technology
9.2.2. By Gasifier Type By Gasifier Type By Gasifier Type
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S. No. Contents Contents Contents Contents Contents
9.2.3. By Feedstock By Feedstock By Feedstock
9.2.4. By Application By Application By Application
9.2.4.1. By Chemical Derivatives By Chemical Derivatives
9.2.5. By Consumption By Consumption By Consumption
9.2.6. By Country By Country By Country
9.3. Middle East Africa Country Analysis Middle East Africa Country Analysis Middle East Africa Country Analysis Middle East Africa Country Analysis
9.3.1. Saudi Arabia Syngas Derivatives Market Outlook Saudi Arabia Syngas Derivatives Market Outlook Saudi Arabia Syngas Derivatives Market Outlook
9.3.1.1. Market Size Forecast Market Size Forecast
9.3.1.1.1. By Value Volume
9.3.1.2. Market Share Forecast Market Share Forecast
9.3.1.2.1. By Production Technology
9.3.1.2.2. By Application
9.3.2. South Africa Syngas Derivatives Market Outlook South Africa Syngas Derivatives Market Outlook South Africa Syngas Derivatives Market Outlook
9.3.2.1. Market Size Forecast Market Size Forecast
9.3.2.1.1. By Value Volume
9.3.2.2. Market Share Forecast Market Share Forecast
9.3.2.2.1. By Production Technology
9.3.2.2.2. By Application
9.3.3. UAE Syngas Derivatives Market Outlook UAE Syngas Derivatives Market Outlook UAE Syngas Derivatives Market Outlook
9.3.3.1. Market Size Forecast Market Size Forecast
9.3.3.1.1. By Value Volume
9.3.3.2. Market Share Forecast Market Share Forecast
9.3.3.2.1. By Production Technology
9.3.3.2.2. By Application
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S. No. Contents Contents Contents Contents Contents
10. Europe Syngas Derivatives Market Outlook Europe Syngas Derivatives Market Outlook Europe Syngas Derivatives Market Outlook Europe Syngas Derivatives Market Outlook
10.1. Market Size Forecast Market Size Forecast Market Size Forecast
10.1.1. By Value Volume By Value Volume
10.2. Market Share Forecast Market Share Forecast Market Share Forecast
10.2.1. By Production Technology By Production Technology
10.2.2. By Gasifier Type By Gasifier Type
10.2.3. By Feedstock By Feedstock
10.2.4. By Application By Application
10.2.4.1. By Chemical Derivatives
10.2.5. By Consumption By Consumption
10.2.6. By Country By Country
10.3. Europe Country Analysis Europe Country Analysis Europe Country Analysis Europe Country Analysis











10.3. Europe Country Analysis Europe Country Analysis Europe Country Analysis Europe Country Analysis
10.3.1. Russia Syngas Derivatives Market Outlook Russia Syngas Derivatives Market Outlook Russia Syngas Derivatives Market Outlook
10.3.1.1. Market Size Forecast Market Size Forecast
10.3.1.1.1. By Value Volume
10.3.1.2. Market Share Forecast Market Share Forecast
10.3.1.2.1. By Production Technology
10.3.1.2.2. By Application
10.3.2. Germany Syngas Derivatives Market Outlook Germany Syngas Derivatives Market Outlook Germany Syngas Derivatives Market Outlook
10.3.2.1. Market Size Forecast Market Size Forecast
10.3.2.1.1. By Value Volume
10.3.2.2. Market Share Forecast Market Share Forecast
10.3.2.2.1. By Production Technology
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S. No. Contents Contents Contents Contents Contents
10.3.2.2.2. By Application
10.3.3. United Kingdom Syngas Derivatives Market Outlook United Kingdom Syngas Derivatives Market Outlook United Kingdom Syngas Derivatives Market Outlook
10.3.2.1. Market Size Forecast Market Size Forecast
10.3.2.1.1. By Value Volume
10.3.2.2. Market Share Forecast Market Share Forecast
10.3.2.2.1. By Production Technology
10.3.2.2.2. By Application
10.3.4. France Syngas Derivatives Market Outlook France Syngas Derivatives Market Outlook France Syngas Derivatives Market Outlook
10.3.4.1. Market Size Forecast Market Size Forecast
10.3.4.1.1. By Value Volume
10.3.4.2. Market Share Forecast Market Share Forecast
10.3.4.2.1. By Production Technology
10.3.4.2.2. By Application
10.3.5. Italy Syngas Derivatives Market Outlook Italy Syngas Derivatives Market Outlook Italy Syngas Derivatives Market Outlook
10.3.5.1. Market Size Forecast Market Size Forecast
10.3.5.1.1. By Value Volume
10.3.5.2. Market Share Forecast Market Share Forecast
10.3.5.2.1. By Production Technology
10.3.5.2.2. By Application
11. North America Syngas Derivatives Market Outlook North America Syngas Derivatives Market Outlook North America Syngas Derivatives Market Outlook North America Syngas Derivatives Market Outlook North America Syngas Derivatives Market Outlook
11.1. Market Size Forecast Market Size Forecast Market Size Forecast Market Size Forecast
11.1.1. By Value Volume By Value Volume By Value Volume
11.2. Market Share Forecast Market Share Forecast Market Share Forecast Market Share Forecast
11.2.1. By Production Technology By Production Technology By Production Technology
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S. No. Contents Contents Contents Contents Contents Contents Contents Contents
11.2.2. 11.2.2. By Gasifier Type By Gasifier Type By Gasifier Type By Gasifier Type
11.2.3. 11.2.3. By Feedstock By Feedstock By Feedstock By Feedstock
11.2.4. 11.2.4. By Application By Application By Application By Application
11.2.4.1. 11.2.4.1. By Chemical Derivatives By Chemical Derivatives
11.2.5. 11.2.5. By Consumption By Consumption By Consumption By Consumption
11.2.6. 11.2.6. By Country By Country By Country By Country
11.3. North America Country Analysis North America Country Analysis North America Country Analysis North America Country Analysis North America Country Analysis North America Country Analysis North America Country Analysis
11.3.1. 11.3.1. United States Syngas Derivatives Market Outlook United States Syngas Derivatives Market Outlook United States Syngas Derivatives Market Outlook United States Syngas Derivatives Market Outlook United States Syngas Derivatives Market Outlook
11.3.1.1. 11.3.1.1. Market Size Forecast Market Size Forecast Market Size Forecast
11.3.1.1.1 11.3.1.1.1 By Value Volume
11.3.1.2. 11.3.1.2. Market Share Forecast Market Share Forecast Market Share Forecast
11.3.1.2.1 11.3.1.2.1 By Production Technology
11.3.1.2.2 11.3.1.2.2 By Application
11.3.2. 11.3.2. Canada Syngas Derivatives Market Outlook Canada Syngas Derivatives Market Outlook Canada Syngas Derivatives Market Outlook Canada Syngas Derivatives Market Outlook Canada Syngas Derivatives Market Outlook
11.3.2.1. 11.3.2.1. Market Size Forecast Market Size Forecast Market Size Forecast
11.3.2.1.1 11.3.2.1.1 By Value Volume
11.3.2.2. 11.3.2.2. Market Share Forecast Market Share Forecast Market Share Forecast
11.3.2.2.1 11.3.2.2.1 By Production Technology
11.3.2.2.2 11.3.2.2.2 By Application
11.3.3. 11.3.3. Mexico Syngas Derivatives Market Outlook Mexico Syngas Derivatives Market Outlook Mexico Syngas Derivatives Market Outlook Mexico Syngas Derivatives Market Outlook Mexico Syngas Derivatives Market Outlook
11.3.3.1. 11.3.3.1. Market Size Forecast Market Size Forecast Market Size Forecast
11.3.3.1.1 11.3.3.1.1 By Value Volume
11.3.3.2. 11.3.3.2. Market Share Forecast Market Share Forecast Market Share Forecast
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S. No. Contents Contents Contents Contents Contents
11.3.3.2.1. By Production Technology
11.3.3.2.2. By Application
12. South America Syngas Derivatives Market Outlook South America Syngas Derivatives Market Outlook South America Syngas Derivatives Market Outlook South America Syngas Derivatives Market Outlook
12.1. Market Size Forecast Market Size Forecast Market Size Forecast
12.1.1. By Value Volume By Value Volume
12.2. Market Share Forecast Market Share Forecast Market Share Forecast
12.2.1. By Production Technology By Production Technology
12.2.2. By Gasifier Type By Gasifier Type
12.2.3. By Feedstock By Feedstock
12.2.4. By Application By Application
12.2.4.1. By Chemical Derivatives
12.2.5. By Consumption By Consumption
12.2.6. By Country By Country
12.3. South America Country Analysis South America Country Analysis South America Country Analysis South America Country Analysis
12.3.1. Argentina Syngas Derivatives Market Outlook Argentina Syngas Derivatives Market Outlook Argentina Syngas Derivatives Market Outlook
12.3.1.1. Market Size Forecast Market Size Forecast
12.3.1.1.1. By Value Volume
12.3.1.2. Market Share Forecast Market Share Forecast
12.3.1.2.1. By Production Technology
12.3.1.2.2. By Application
12.3.2. Brazil Syngas Derivatives Market Outlook Brazil Syngas Derivatives Market Outlook Brazil Syngas Derivatives Market Outlook
12.3.2.1. Market Size Forecast Market Size Forecast
12.3.2.1.1. By Value Volume
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S. No. Contents Contents Contents Contents Contents
12.3.2.2. Market Share Forecast Market Share Forecast
12.3.2.2.1. By Production Technology
12.3.2.2.2. By Application
12.3.3. Brazil Syngas Derivatives Market Outlook Brazil Syngas Derivatives Market Outlook Brazil Syngas Derivatives Market Outlook
12.3.3.1. Market Size Forecast Market Size Forecast
12.3.3.1.1. By Value Volume
12.3.3.2. Market Share Forecast Market Share Forecast
12.3.3.2.1. By Production Technology
12.3.3.2.2. By Application
13. Market Dynamics Market Dynamics
13.1. Drivers Drivers Drivers Drivers
13.2. Challenges
14. Market Trends and Developments Market Trends and Developments Market Trends and Developments Market Trends and Developments Market Trends and Developments
15. Competitive Landscape Competitive Landscape Competitive Landscape Competitive Landscape Competitive Landscape
15.1. Linde PLC Linde PLC Linde PLC Linde PLC
15.2. Air Liquide S.A. Air Liquide S.A. Air Liquide S.A. Air Liquide S.A.
15.3. Air Products and Chemicals, Inc Air Products and Chemicals, Inc Air Products and Chemicals, Inc Air Products and Chemicals, Inc
15.4. Yingde Gases Group Company Yingde Gases Group Company Yingde Gases Group Company Yingde Gases Group Company
15.5. Sasol Limited Sasol Limited Sasol Limited Sasol Limited
15.6. Saudi Aramco Oil Company Saudi Aramco Oil Company Saudi Aramco Oil Company Saudi Aramco Oil Company
15.7. TechnipFMC PLC TechnipFMC PLC TechnipFMC PLC TechnipFMC PLC
15.8. Messe Group GmbH Messe Group GmbH Messe Group GmbH Messe Group GmbH
15.9. Haldor Topsoe A/S Haldor Topsoe A/S Haldor Topsoe A/S Haldor Topsoe A/S
15.10 Nippon Sanso Holdings Corporation Nippon Sanso Holdings Corporation Nippon Sanso Holdings Corporation Nippon Sanso Holdings Corporation
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S. No. Contents
16. Strategic Recommendations
17. About Us Disclaimer
12
Product Overview
13
  • Scope of Report
  • Service of Interest (POI) Syngas and Derivatives
    Market

Synthesis gas is a generic term for raw gas
produced from feedstock hydrocarbons and
consisting of hydrogen and carbon monoxide as
primary components and secondary components
including CO2, methane, etc. Syngas is an
intermediate for producing chemicals,
fertilizers, fuel and electricity. Major
derivatives include methanol, ammonia, high-speed
diesel, polymers, etc. It is an intermediate
product that may be further processed in various
ways to produce multiple energy products, such as
electricity and gaseous or liquid high-quality
fuels that can be utilized as transportation
fuels.
Market Segmentation

PRODUCTION TECHNOLOGY
FEEDSTOCK
REGION
  • Steam Reforming
  • Partial Oxidation
  • Autothermal Reforming
  • Biomass Gasification
  • Others
  • North America
  • Asia-Pacific
  • Europe
  • Middle East Africa
  • South America
  • Coal
  • Natural Gas
  • Petroleum By Product
  • Biomass/Waste

GASIFIER TYPE
APPLICATION
CONSUMPTION
  • Fixed (Moving) Bed Gasifier
  • Entrained Flow Gasifier
  • Fluidized Bed Gasifier
  • Others
  • Chemicals and Fertilizers
  • Fuel
  • Electricity
  • Captive
  • Merchant

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14
Research Methodology
15
  • Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing list of respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine the overall market size, segmental
market size and top companies in the Global
Syngas and Derivatives Market.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the Global Syngas and Derivatives
Market.
TechSci Research conducted interviews with
industry experts and leading companies for data
collection and verification.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
In order to conduct industry experts interviews,
TechSci Research formulated a detailed discussion
guide.
List of leading companies and industry
specialists was developed.
Primary Research
Desk Research
Company Analysis
  • Recent Developments
  • Market Changing Aspects/Dynamics
  • Government Policies
  • Final Conclusion
  • Market Participants
  • Key Strengths
  • Identifying Key Opinion Leaders
  • Questionnaire Design
  • In-depth Interviews

15
16
  • Research Methodology
  • Baseline Methodology
  • Our dedicated team of industry experts has
    monitored and analyzed various aspects of the
    Global Syngas and Derivatives Market. The team
    has analyzed the outlook of various segments of
    this market, while considering the major
    influencing factors such as increasing greenhouse
    emission which is resulting in demand for cleaner
    alternatives such as syngas, and supportive
    government policies such as net zero emission
    2050, among others are driving the Global Syngas
    and Derivatives Market. The study includes market
    forecasting, which would enable our clients to
    take better decisions while planning their
    strategy to achieve sustainability in the Global
    Syngas and Derivatives Market.
  • Methodology Followed for Calculation of Market
    Size
  • Market Size by Value Volume Market size, in
    terms of value volume, for the year 2021 was
    calculated based on information collected through
    exhaustive secondary research and primary
    surveys, with various key opinion
    leaders/stakeholders, such as Syngas manufacturer
    companies, channel partners, end-users, industry
    experts and other industry participants.
  • The team interviewed 10 manufacturers, 15
    suppliers and 12 industry experts and other value
    chain stakeholders in the Global Syngas and
    Derivatives Market to obtain the overall market
    size between 2017 and 2021, which was validated
    by the Delphi technique. Respondents were asked
    about the current and future market growth rates,
    market shares by production technology, by
    gasifier type, by feedstock, by application, by
    chemical derivatives, by consumption, by region
    and by company. Removing the outlier responses,
    the geometric mean of growth estimates and
    category wise revenue shares generated across
    various segments were considered to arrive at the
    final revenue shares.

16
17
  • Research Methodology
  • Revenue shares generated across various segments
    were further triangulated based on the response
    received from other stakeholders.
  • Methodology Followed for Calculation of Market
    Shares
  • Market shares by production technology, by
    gasifier type, by feedstock, by application, by
    chemical derivatives, by consumption, by region
    and by company were calculated based on the
    responses received through primary surveys with
    industry experts, in which the respondents were
    asked about the market shares or revenue
    generated from various segments of the Global
    Syngas and Derivatives Market. The final shares
    were calculated by taking the geometric mean of
    the responses gathered from key opinion leaders
    after eliminating the outliers.
  • Methodology Followed for Forecasting
  • TechSci Research performed periodical checks on
    data collected through the surveys with logic
    checks and analyzed the survey results. Data
    triangulation techniques were applied to fill the
    gaps and present a more meaningful picture of the
    market. To forecast the Global Syngas and
    Derivatives Market, TechSci Research used various
    forecast techniques such as
  • Moving Average
  • Time Series Analysis
  • Regression Analysis
  • Econometric and Judgmental Analysis

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  • Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries, globally. TechSci Research also used
the impact analysis during short, medium, and
long term period to estimate the demand and to
reach accurate market numbers. The currency used
in the report is the United States Dollar (with
the market size indicated in USD million).
Partial List of Companies Interviewed Key Secondary Sources
Linde PLC Air Liquide S.A. Air Products and Chemicals, Inc. Yingde Gases Group Company Sasol Limited Saudi Arabian Oil Company TechnipFMC PLC Messer Group GmbH Haldor Topsoe A/S Nippon Sanso Holdings Corporation TechSci Research Research Proprietary Database Knowledge Repository Company Annual Reports United Nation Ministry of Corporate Affairs (MCA) Worldometer World Bank Industry Magazines News Dailies IMF Credible Paid Database Industry Reports Credible Paid Databases OECD
18
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  • Industry Brief

The increasing use of syngas in chemical industry
is driving the growth in Global Syngas
Derivatives Market in the forecast
period. According to TechSci Research report,
Syngas Derivatives Market - Global Industry
Size, Share, Trends, Competition, Opportunities
and Forecast, 2017-2027, the Global Syngas
Derivatives Market stood at USD248.89 billion in
2021 and is expected to grow at a CAGR of 6.27
during the forecast period. Syngas can be used to
make a variety of chemical monomers, including
phosgene, which is used to make polycarbonate, as
well as formic acid, acetic acid, formaldehyde,
alcohols, ammonia, aldehydes, methanol,
Fischer-Tropsch diesel fuel, waxes, lubricants,
and naphtha, which is contributing to the growth
of Global Syngas Derivatives Market during the
next five years, till 2027. It is possible to
reduce carbon emissions by increasing the use of
renewable and low-carbon gases (such as
biomethane, syngas, and hydrogen) and developing
carbon capture, utilization, and storage (CCUS)
technology. Economies looking to cut greenhouse
gas emissions might concentrate on mixing CO2 and
H2 to create synthetic fuels like syngas and
methanol. Various chemicals and polymers can be
produced using primary chemical feedstock like
syngas and methanol. The global market for syngas
and derivatives is expanding as consumers turn
more frequently to synthetic fuel since it emits
fewer greenhouse gases. The governments of
different nations are adopting several actions to
reduce greenhouse gases, which are the primary
reason behind global warming. The Indian
government recently gave instructions to Coal
India Ltd (CIL) and Singareni Collieries Company
Ltd (SCCL) to add a new subsector regarding the
auction of coal linkages to the Non-Regulated
Sector and to establish a separate auction window
for the allocation of coal linkages to coal
gasification projects (NRS). The Coal Block
Allocation Rules, 2017 of India have already
designated the production of Syngas as one of the
end-use sectors. The Global Syngas Derivatives
Market is segmented based on Production
Technology, Gasifier Type, Feedstock,
Application, Chemical Derivatives, Consumption
and Regional Distribution, and Company. Based on
Application, the market is further divided
into Chemicals Fertilizer, Fuel,
Electricity. Chemicals Fertilizer segment
dominated the market in 2021 with an overall
market share of 54.83. This can be ascribed to
the growing environmental concerns and awareness
worldwide which has significantly increased the
demand for green chemicals all across the globe.
Syngas and derivatives are frequently utilized in
the production of various chemicals, which can
then be used to create products like oxo
chemicals, petrochemicals, and fertilizers.
Syngas can be used to create a variety of
compounds, depending on the proportion of
hydrogen to carbon monoxide. Based on Chemical
Derivatives the market is further
divided into Ammonia, Methanol,
Others. The Ammonia segment dominated the market
in 2021 on account of the widespread use of
Global Syngas Derivatives. Some of the major
companies operating in the Global Syngas
Derivatives Market include Linde PLC, Air Liquide
S.A., Air Products and Chemicals, Inc, Yingde
Gases Group Company, Sasol Limited, Saudi Aramco
Oil Company, TechnipFMC PLC, Messe Group GmbH,
Haldor Topsoe A/S, Nippon Sanso Holdings
Corporation Low-quality coals are widely
available and less expensive. Since poor-quality
coal has a lower ability to generate electricity,
it is not used in the energy industry. Due to low
coal prices and simple availability, poor-grade
coal is increasingly being gasified because it is
an environmentally friendly process. Syngas,
which have a variety of uses in chemical
engineering, can be produced by gasifying
low-grade coals. Additionally, the demand for
syngas has increased by the 50.86 efficiency of
low-quality coal in the generation of syngas,"
said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based Global
management consulting firm.
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  • Sample Data- Snapshot

Global Syngas Derivatives Market Size, By Value
(USD Billion), 2017-2027F
CAGR 2017-2021 By Value xx
CAGR 2022E-2027F By Value xx
Asia Pacific Syngas Derivatives Market Share,
By Production Technology, By Volume, 2017-2027F
China Syngas Derivatives Market Share, By
Application, By Volume, 2017-2027F
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  • Report Order
  • Report Name GLOBAL SYNGAS AND DERIVATIVES
    MARKET
  • FORECAST AND OPPORTUNITIES
  • 2017 2027

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