Gasification Market Size, Share, Trends, Growth Outlook

The global Gasification Market Size is estimated to increase at a CAGR of 8.1% during the forecast period from 2024 to 2030.

 

The Gasification Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Type (Fluidized bed, Entrained, Moving/fixed bed, Others), Application (Chemicals & Fertilizers, Liquid Fuels, Gaseous Fuels, Power, Others), Feedstock (Coal, Petroleum Coke, Natural Gas, Biomass, Others).

 

An Introduction to Gasification Markets in 2024

Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Gasification industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Gasification companies. The Gasification demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Gasification industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.

 

Gasification Market Trends:

In the gasification market, there's a trend towards converting solid or liquid feedstocks into syngas for various applications. Innovations in biomass gasification, integrated gasification combined cycle (IGCC) technology, and waste-to-energy gasification are prevalent trends. Additionally, the adoption of gasification for producing synthetic fuels, electricity generation, and chemical production is gaining traction. Moreover, advancements in gasifier designs, feedstock flexibility, and gas cleanup technologies are shaping the market.

 

Gasification Market Drivers:

Key drivers stimulating the gasification market include the need for alternative fuel sources, waste-to-energy solutions, and reducing carbon emissions. Gasification offers advantages such as fuel versatility, lower emissions, and potential for carbon capture, driving its adoption in industries seeking cleaner energy options. Moreover, technological advancements in gasifier efficiency, feedstock flexibility, and syngas utilization contribute significantly to market growth.

 

Gasification Market Opportunities:

Opportunities in the gasification market lie in expanding gasification applications and promoting cleaner fuel production technologies. Collaboration among gasification technology providers, energy companies, and waste management firms offers significant growth prospects. Moreover, investing in research and development for advanced gasification processes, feedstock optimization, and syngas utilization in diverse industries can unlock new avenues for market expansion. Exploring emerging markets with increasing focus on circular economy principles and promoting the benefits of gasification for converting waste into valuable energy products can further drive market growth and facilitate widespread adoption.

 

Gasification Market Segmentation

Gasification is a thermochemical process that converts organic or fossil-based materials into syngas (synthetic gas), mainly composed of carbon monoxide and hydrogen. This technology is used in waste-to-energy systems, producing syngas for power generation, chemical production, or as a feedstock for biofuels.

Type
• Fluidized bed
• Entrained
• Moving/fixed bed
• Others

Application
• Chemicals & Fertilizers
• Liquid Fuels
• Gaseous Fuels
• Power
• Others

Feedstock
• Coal
• Petroleum Coke
• Natural Gas
• Biomass
• Others

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Gasification Market Companies

• Advanced Biomass Gasification Technologies, Inc.
• Air Liquide S.A.
• Chicago Bridge & Iron Company
• China Aerospace Science and Technology Corporation
• Gasification Engineering Corporation
• Gasification Technologies Council
• General Electric Company
• KBR, Inc.
• Mitsubishi Heavy Industries, Ltd.
• Royal Dutch Shell plc
• Sichuan Coal Gasification Co., Ltd.
• Siemens Aktiengesellschaft
• Synthesis Energy Systems, Inc.
• Taiyuan Coal Gasification (Group) Corporation
• ThyssenKrupp AG

Reasons to Buy the Gasification Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Gasification market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Gasification industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 INTRODUCTION TO 2024 Gasification MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 EXECUTIVE SUMMARY
3.1 Global Gasification Market Size Outlook, $ Million, 2021 to 2030
3.2 Gasification Market Outlook by Type, $ Million, 2021 to 2030
3.3 Gasification Market Outlook by Product, $ Million, 2021 to 2030
3.4 Gasification Market Outlook by Application, $ Million, 2021 to 2030
3.5 Gasification Market Outlook by Key Countries, $ Million, 2021 to 2030

4 MARKET DYNAMICS
4.1 Key Driving Forces of Gasification Industry
4.2 Key Market Trends in Gasification Industry
4.3 Potential Opportunities in Gasification Industry
4.4 Key Challenges in Gasification Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Gasification Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 GLOBAL Gasification MARKET OUTLOOK BY SEGMENTS
7.1 Gasification Market Outlook by Segments
Type
- Fluidized bed
- Entrained
- Moving/fixed bed
- Others

Application
- Chemicals & Fertilizers
- Liquid Fuels
- Gaseous Fuels
- Power
- Others

Feedstock
- Coal
- Petroleum Coke
- Natural Gas
- Biomass
- Others


8 NORTH AMERICA Gasification MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Gasification Markets in 2024
8.2 North America Gasification Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Gasification Market size Outlook by Segments, 2021-2030
Type
- Fluidized bed
- Entrained
- Moving/fixed bed
- Others

Application
- Chemicals & Fertilizers
- Liquid Fuels
- Gaseous Fuels
- Power
- Others

Feedstock
- Coal
- Petroleum Coke
- Natural Gas
- Biomass
- Others


9 EUROPE Gasification MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Gasification Markets in 2024
9.2 Europe Gasification Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Gasification Market size Outlook by Segments, 2021-2030
Type
- Fluidized bed
- Entrained
- Moving/fixed bed
- Others

Application
- Chemicals & Fertilizers
- Liquid Fuels
- Gaseous Fuels
- Power
- Others

Feedstock
- Coal
- Petroleum Coke
- Natural Gas
- Biomass
- Others


10 ASIA PACIFIC Gasification MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Gasification Markets in 2024
10.2 Asia Pacific Gasification Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Gasification Market size Outlook by Segments, 2021-2030
Type
- Fluidized bed
- Entrained
- Moving/fixed bed
- Others

Application
- Chemicals & Fertilizers
- Liquid Fuels
- Gaseous Fuels
- Power
- Others

Feedstock
- Coal
- Petroleum Coke
- Natural Gas
- Biomass
- Others


11 SOUTH AMERICA Gasification MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Gasification Markets in 2024
11.2 South America Gasification Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Gasification Market size Outlook by Segments, 2021-2030
Type
- Fluidized bed
- Entrained
- Moving/fixed bed
- Others

Application
- Chemicals & Fertilizers
- Liquid Fuels
- Gaseous Fuels
- Power
- Others

Feedstock
- Coal
- Petroleum Coke
- Natural Gas
- Biomass
- Others


12 MIDDLE EAST AND AFRICA Gasification MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Gasification Markets in 2024
12.2 Middle East and Africa Gasification Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Gasification Market size Outlook by Segments, 2021-2030
Type
- Fluidized bed
- Entrained
- Moving/fixed bed
- Others

Application
- Chemicals & Fertilizers
- Liquid Fuels
- Gaseous Fuels
- Power
- Others

Feedstock
- Coal
- Petroleum Coke
- Natural Gas
- Biomass
- Others


13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- Advanced Biomass Gasification Technologies, Inc.
- Air Liquide S.A.
- Chicago Bridge & Iron Company
- China Aerospace Science and Technology Corporation
- Gasification Engineering Corporation
- Gasification Technologies Council
- General Electric Company
- KBR, Inc.
- Mitsubishi Heavy Industries, Ltd.
- Royal Dutch Shell plc
- Sichuan Coal Gasification Co., Ltd.
- Siemens Aktiengesellschaft
- Synthesis Energy Systems, Inc.
- Taiyuan Coal Gasification (Group) Corporation
- ThyssenKrupp AG


14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Gasification Market Segmentation

Gasification is a thermochemical process that converts organic or fossil-based materials into syngas (synthetic gas), mainly composed of carbon monoxide and hydrogen. This technology is used in waste-to-energy systems, producing syngas for power generation, chemical production, or as a feedstock for biofuels.

Type
• Fluidized bed
• Entrained
• Moving/fixed bed
• Others

Application
• Chemicals & Fertilizers
• Liquid Fuels
• Gaseous Fuels
• Power
• Others

Feedstock
• Coal
• Petroleum Coke
• Natural Gas
• Biomass
• Others

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)