Gasification Market by Gasifier Type (Moving/Fixed Bed, Fluidized Bed, Entrained & Others), by Feedstock (Biomass/Waste, Coal, Natural Gas & Petroleum), by Application (Chemicals, Liquid Fuels, Power & Gas Fuels) and Geography - Global Trends and Forecast
LONDON, Nov. 25, 2014 /PRNewswire/ -- Gasification has reliably gained a good market in the past few decades, as there is a rise in chemical, energy, and natural gas demand all over the world. Gasification is a thermochemical process, thus there is a considerable interest in routes to liquid biofuels involving gasification as a result of the potential for routes to have low costs, high efficiency, and high well-to-wheel greenhouse savings. The improvement in characteristics of current fuels has taken the production of fuels upwards compared to traditional biofuels. This has become a substitute for clean energy supply with increased acceptance.
Important key components of gasification are as follows:
• Abundant resources and deposits of coal
• Demand for clean energy
• Wide range of biomass/waste feedstock
• Recover energy locked in biomass and municipal solid waste, eliminating incineration of landfilling
• Produces electricity with significantly reduced environmental impact compared to conventional technologies
The increase inurbanization andthe population living in cities and towns, and the rise in the price of oil, has put pressure on traditional energy supplies, and has helped drive thegasification market dramatically over the years. The failure to acquire current energy and power resources, lack of alternatives to gasification, increasing industrialization by exploiting natural resources, and acceptance of governments to invest in R&D of gasifier plants, has increased the gasification demand.
FIGURE 1 GASIFICATION MARKET SIZE (MW), BY REGION
Source: Secondary Sources and MarketsandMarkets Analysis
The above figure shows thegasification market size (in MW) for various geographies for 2013 and 2019. Asia-Pacific market is the most dominant with the largest market share at present. The growth of thegasification market would be the highest for the Asia-Pacific region. The developed markets will show a comparatively low growth rate.
Scope of the report: This study estimates the global market for gasification by the end of 2019. This market research also provides a detailed qualitative and quantitative analysis of the global gasificationmarket. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, and key issues in the market.
On the basis of feedstock:
• Biomass/Waste
• Coal
• Natural Gas
• Petroleum
On the basis of application:
• Chemicals
• Liquid Fuels
• Power
• Gas Fuels
On the basis of gasifier type:
• Moving/Fixed bed,
• Fluidized bed
• Entrained
• Others (Plasma, FCC-Fluid Catalytic Cracking)
On the basis of geography:
• Asia-Pacific
• Europe
• Middle East& Africa
• North America
• South America
Download the full report: https://www.reportbuyer.com/product/2200821/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gasification-market-by-gasifier-type-movingfixed-bed-fluidized-bed-entrained--others-by-feedstock-biomasswaste-coal-natural-gas--petroleum-by-application-chemicals-liquid-fuels-power--gas-fuels-and-geography---g-300001239.html
SOURCE ReportBuyer
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article