Syngas Market worth 117,400 MW Thermal by 2018 - PowerPoint PPT Presentation

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Syngas Market worth 117,400 MW Thermal by 2018

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Production in the global syngas market is anticipated to increase by 8.7% annually to reach 117,400 MW thermal by 2018. The growth opportunities for syngas market include utilization of stranded gas reserves for GTL (gas to liquid) operations and tapping the underground inaccessible coal reserves for underground coal gasification (UCG) operations. – PowerPoint PPT presentation

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Title: Syngas Market worth 117,400 MW Thermal by 2018


1
MarketsandMarkets Presents
Syngas Market worth 117,400 MW Thermal by 2018
http//www.marketsandmarkets.com/Market-Reports/sy
ngas-market-1178.html
2
  • The report Syngas Market  Derivatives
    (Methanol, Ammonia, Hydrogen, Oxo Chemicals,
    N-Butanol, DME) Market, by End Use Application,
    Feedstock, Technology Gasifier Type - Global
    Trends Forecast to 2018 defines and segments
    the syngas and its derivatives market with
    analysis and forecasting of the syngas and its
    derivatives consumption.
  • The syngas consumption for various end usage
    will grow to 117,400 MW thermal by 2018, with a
    high CAGR from 2013 to 2018.
  • Browsegtgt
  • 156 market data tables and
  • 86 figures spread through
  • 384 pages and in-depth TOC on Syngas Market
  • http//www.marketsandmarkets.com/Market-Reports/
    syngas-market-1178.html
  • Early buyers will receive 10 customization on
    this report.
  • Request to Download Free PDF Brochure _at_
  • http//www.marketsandmarkets.com/pdfdownload.asp?i
    d1178

3
  • The syngas and derivatives market is mainly
    driven by high demand for fuels, chemicals, and
    electricity.
  • Other factors which are driving the market are
    polygeneration, and feedstock flexibility.
  • Polygeneration enables the process to
    simultaneously produce chemicals and fuels along
    with power generation, whereas, feedstock
    flexibility allows the production from a variety
    of sources increasing the commercial viability of
    syngas.
  • Request Sample Report _at_
  • http//www.marketsandmarkets.com/requestsample.asp
    ?id1178

4
  • Lack of funds and high capital requirements have
    proven to be a major restraint for the market.
  • The time required for building a plant from
    initial design phase to final completion phase is
    considerably high, which results in the
    overshooting of the budget.
  • However, the focus towards advanced technology
    and reducing dependency on crude oil continues to
    strengthen the market.
  • The other market opportunities include
    utilization of stranded gas reserves for a GTL
    (gas to liquid) plant which in turn can produce
    liquid fuels for the future generations.
  • You can purchase the full report _at_
  • http//www.marketsandmarkets.com/Purchase/purchase
    _report1.asp?id1178

5
  • Syngas is majorly used for the production of
    chemicals such as ammonia, methanol, hydrogen,
    and others. Ammonia is used for the production of
    nitrogen fertilizer which is essential for plant
    growth.
  • Due to rising population and their subsequent
    requirement for food crops, ammonia is
    experiencing a steady increase in demand.
  • Methanol is another syngas derivative which is
    anticipated to grow with a double digit CAGR due
    to increasing usage for fuels applications.
  • Various MTP (methanol to propylene) / MTO
    (methanol to Olefin) plants have also been
    announced, which are driving the methanol demand,
    particularly in China.
  • Hydrogen is essential for many refinery
    operations such as ammonia production and hydro
    treating applications.
  • Similarly, growth in the butyl acrylate industry
    is driving the oxo alcohols market such as
    n-butanol. DME (dimethyl ether) is anticipated to
    grow due to increased demand from the LPG
    blending application.

6
  • The report covers the syngas and derivatives
    market and its trends concerning five regions,
    namely Asia-Pacific, North America, Middle East
    Africa, Europe, and South America and the major
    countries in each region such as China, U.S.,
    Qatar, Germany, South Africa, and others.
  • The various end-use applications of syngas such
    as chemical, liquid fuels, power generation, and
    gaseous fuels are covered.
  • Chemical derivatives such as methanol, ammonia,
    oxo chemicals, n-butanol, hydrogen, and DME
    (Dimethyl Ether) are included along with their
    production figures and consumption trends.
  • The types of technology are steam reforming,
    partial oxidation, autothermal reforming,
    combined or two-step reforming, and biomass
    gasification. The report also covers syngas
    production by feedstock such as coal, natural
    gas, petroleum, and biomass/waste.
  • Also, important gasifier types identified and
    included are fixed (moving) bed, entrained flow,
    fluidized bed, and others.

7
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