Gasification market size is set to grow at a CAGR of 5.18% from 2022 to 2027, Increasing global energy demand is driving market growth significantly - Technavio

NEW YORK, Feb. 22, 2023 /PRNewswire/ -- According to Technavio, the global gasification market will witness a YOY growth of 4.0% between 2022 and 2023. The report is segmented by feedstock (coal, biomass/waste, natural gas, and petroleum), application (chemical, liquid fuel, gaseous fuel, and power), and geography (APAC, Europe, North America, Middle East and Africa, and South America). The gasification market size is estimated to increase by USD 135.21 billion. at a CAGR of 5.18% from 2022 to 2027. The report also includes historic market data from 2017 to 2021. In 2017, the gasification market was valued at USD 418.82 billion - For more insights on the historic market data from 2017 to 2021 , Request a sample report

Gasification market - Vendor insights

The global gasification market is fragmented due to a large number of diverse suppliers. Vendors in the market include companies that own and operate gasification plants and vendors that provide gasification plants. Favorable government regulations favoring the introduction of gasification to reduce CO2 emissions through efficient use of coal reserves will drive market growth and encourage suppliers to develop technologically advanced products. we encourage you to do so. Therefore, competition among providers to capture greater market share through organic and inorganic growth strategies will intensify during the forecast period. 

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Air Liquide SA
• Air Products and Chemicals Inc.
• Andritz AG
• CASE GROUP
• China National Chemical Engineering Co. Ltd.
• Chiyoda Corp.
• EQTEC Plc
• General Electric Co.
• KBR Inc.
• Larsen and Toubro Ltd.
• Linde Plc
• McDermott International Ltd.
• Mitsubishi Heavy Industries Ltd.
• Oil and Natural Gas Corp. Ltd.
• Shell plc
• For details on vendors and their offerings – Buy the report!

Gasification market - Geographical analysis 

APAC will provide maximum growth opportunities in the gasification market during the forecast period. According to our research, the region will account for 42% of the global market growth during the forecast period between 2022 and 2027. Countries such as China and India rely significantly on coal to meet their energy demand. Coal gasification can also be carried out via bioenergy gasification, as biomass alone is not capable of producing enough energy efficiently. The rising demand for energy, the presence of significant coal reserves, and the increasing demand for clean energy technologies will drive the growth of the market in the region during the forecast period.

Know more about this market's geographical distribution along with a detailed analysis of the top regions: https://www.technavio.com/report/juices-market-industry-analysis

Gasification market - Key segment analysis

The gasification market share growth by the coal segment will be significant during the forecast period. Factors such as providing a way of producing clean chemicals, liquid and gaseous fuels, power, and blends of products using indigenous carbonaceous feedstocks, thus enabling countries to meet their energy security and environmental objectives while using coal. In addition to the environmental benefits, the economic benefits of coal gasification are also boosting the growth of the market.

Download a sample to obtain additional highlights and key points on various market segments and their impact in the coming years. 

Gasification market - Key market drivers & challenges

Increasing global energy demand is driving market growth significantly. Demand for electricity is increasing rapidly around the world. As disposable income increases, so does the demand for energy services such as air conditioning, especially in the residential sector. In addition, the use of electric motor systems in industry is also contributing to increased industrial energy requirements. Therefore, the global increase in energy demand is expected to increase the demand for hydrocarbon fuels such as coal, oil, and biomass. This is anticipated to drive the growth of the global gasification market during the forecast period.

High operating and maintenance costs are the main challenges hindering the growth of the market. Incinerators require a large capital investment and are expensive to operate and maintain. Costs vary depending on facility size, local infrastructure condition, design, energy efficiency, and waste management options. As such, incineration requires investment from foreign companies for the installation of purification equipment and the initial installation and maintenance of the work cycle. Similarly,  the disposal of solid household waste in landfills is very expensive. Landfill costs vary depending on the geographic location of the landfill. Therefore, the costs and complexities associated with landfill and incineration may limit the adoption of efficient gasification processes and limit the growth of the featured market during the forecast period.

Download a sample for highlights on market drivers and challenges impacting the gasification market

What are the key data covered in this gasification market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the gasification market between 2023 and 2027
• Precise estimation of the size of the gasification market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of gasification market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Feedstock
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global gasification market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global gasification market 2017 - 2021 ($ billion)

• 4.2 Feedstock Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Feedstock Segment 2017 - 2021 ($ billion)

• 4.3 Applicaton Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Applicaton Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Feedstock

• 6.1 Market segments 
• Exhibit 30: Chart on Feedstock - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Feedstock - Market share 2022-2027 (%)

• 6.2 Comparison by Feedstock 
• Exhibit 32: Chart on Comparison by Feedstock
• Exhibit 33: Data Table on Comparison by Feedstock

• 6.3 Coal - Market size and forecast 2022-2027
• Exhibit 34: Chart on Coal - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Coal - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Coal - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Coal - Year-over-year growth 2022-2027 (%)

• 6.4 Biomass/waste - Market size and forecast 2022-2027
• Exhibit 38: Chart on Biomass/waste - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Biomass/waste - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Biomass/waste - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Biomass/waste - Year-over-year growth 2022-2027 (%)

• 6.5 Natural gas - Market size and forecast 2022-2027
• Exhibit 42: Chart on Natural gas - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Natural gas - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Natural gas - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Natural gas - Year-over-year growth 2022-2027 (%)

• 6.6 Petroleum - Market size and forecast 2022-2027
• Exhibit 46: Chart on Petroleum - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Petroleum - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Petroleum - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Petroleum - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Feedstock 
• Exhibit 50: Market opportunity by Feedstock ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 51: Chart on Application - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 53: Chart on Comparison by Application
• Exhibit 54: Data Table on Comparison by Application

• 7.3 Chemical - Market size and forecast 2022-2027
• Exhibit 55: Chart on Chemical - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Chemical - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Chemical - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Chemical - Year-over-year growth 2022-2027 (%)

• 7.4 Liquid fuel - Market size and forecast 2022-2027
• Exhibit 59: Chart on Liquid fuel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Liquid fuel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Liquid fuel - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Liquid fuel - Year-over-year growth 2022-2027 (%)

• 7.5 Gaseous fuel - Market size and forecast 2022-2027
• Exhibit 63: Chart on Gaseous fuel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on Gaseous fuel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on Gaseous fuel - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Gaseous fuel - Year-over-year growth 2022-2027 (%)

• 7.6 Power - Market size and forecast 2022-2027
• Exhibit 67: Chart on Power - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on Power - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on Power - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Power - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 71: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 73: Chart on Market share by geography 2022-2027 (%)
• Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 75: Chart on Geographic comparison
• Exhibit 76: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 85: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 101: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 109: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 110: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 111: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 113: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 114: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 115: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 117: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 118: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 119: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 120: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 121: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 122: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 123: Matrix on vendor position and classification

• 12.3 Air Liquide SA 
• Exhibit 124: Air Liquide SA - Overview
• Exhibit 125: Air Liquide SA - Business segments
• Exhibit 126: Air Liquide SA - Key news
• Exhibit 127: Air Liquide SA - Key offerings
• Exhibit 128: Air Liquide SA - Segment focus

• 12.4 Air Products and Chemicals Inc. 
• Exhibit 129: Air Products and Chemicals Inc. - Overview
• Exhibit 130: Air Products and Chemicals Inc. - Business segments
• Exhibit 131: Air Products and Chemicals Inc. - Key news
• Exhibit 132: Air Products and Chemicals Inc. - Key offerings
• Exhibit 133: Air Products and Chemicals Inc. - Segment focus

• 12.5 Andritz AG 
• Exhibit 134: Andritz AG - Overview
• Exhibit 135: Andritz AG - Business segments
• Exhibit 136: Andritz AG - Key offerings
• Exhibit 137: Andritz AG - Segment focus

• 12.6 Basin Electric Power Co. 
• Exhibit 138: Basin Electric Power Co. - Overview
• Exhibit 139: Basin Electric Power Co. - Product / Service
• Exhibit 140: Basin Electric Power Co. - Key offerings

• 12.7 China National Chemical Engineering Co. Ltd.
• Exhibit 141: China National Chemical Engineering Co. Ltd. - Overview
• Exhibit 142: China National Chemical Engineering Co. Ltd. - Product / Service
• Exhibit 143: China National Chemical Engineering Co. Ltd. - Key offerings

• 12.8 EQTEC Plc 
• Exhibit 144: EQTEC Plc - Overview
• Exhibit 145: EQTEC Plc - Business segments
• Exhibit 146: EQTEC Plc - Key offerings
• Exhibit 147: EQTEC Plc - Segment focus

• 12.9 General Electric Co. 
• Exhibit 148: General Electric Co. - Overview
• Exhibit 149: General Electric Co. - Business segments
• Exhibit 150: General Electric Co. - Key news
• Exhibit 151: General Electric Co. - Key offerings
• Exhibit 152: General Electric Co. - Segment focus

• 12.10 KBR Inc. 
• Exhibit 153: KBR Inc. - Overview
• Exhibit 154: KBR Inc. - Business segments
• Exhibit 155: KBR Inc. - Key news
• Exhibit 156: KBR Inc. - Key offerings
• Exhibit 157: KBR Inc. - Segment focus

• 12.11 Larsen and Toubro Ltd. 
• Exhibit 158: Larsen and Toubro Ltd. - Overview
• Exhibit 159: Larsen and Toubro Ltd. - Business segments
• Exhibit 160: Larsen and Toubro Ltd. - Key news
• Exhibit 161: Larsen and Toubro Ltd. - Key offerings
• Exhibit 162: Larsen and Toubro Ltd. - Segment focus

• 12.12 McDermott International Ltd. 
• Exhibit 163: McDermott International Ltd. - Overview
• Exhibit 164: McDermott International Ltd. - Product / Service
• Exhibit 165: McDermott International Ltd. - Key news
• Exhibit 166: McDermott International Ltd. - Key offerings

• 12.13 Mitsubishi Heavy Industries Ltd. 
• Exhibit 167: Mitsubishi Heavy Industries Ltd. - Overview
• Exhibit 168: Mitsubishi Heavy Industries Ltd. - Business segments
• Exhibit 169: Mitsubishi Heavy Industries Ltd. - Key news
• Exhibit 170: Mitsubishi Heavy Industries Ltd. - Key offerings
• Exhibit 171: Mitsubishi Heavy Industries Ltd. - Segment focus

• 12.14 Shell plc 
• Exhibit 172: Shell plc - Overview
• Exhibit 173: Shell plc - Business segments
• Exhibit 174: Shell plc - Key news
• Exhibit 175: Shell plc - Key offerings
• Exhibit 176: Shell plc - Segment focus

• 12.15 Siemens AG 
• Exhibit 177: Siemens AG - Overview
• Exhibit 178: Siemens AG - Business segments
• Exhibit 179: Siemens AG - Key news
• Exhibit 180: Siemens AG - Key offerings
• Exhibit 181: Siemens AG - Segment focus

• 12.16 Synthesis Energy Systems Inc. 
• Exhibit 182: Synthesis Energy Systems Inc. - Overview
• Exhibit 183: Synthesis Energy Systems Inc. - Product / Service
• Exhibit 184: Synthesis Energy Systems Inc. - Key offerings

• 12.17 thyssenkrupp AG 
• Exhibit 185: thyssenkrupp AG - Overview
• Exhibit 186: thyssenkrupp AG - Business segments
• Exhibit 187: thyssenkrupp AG - Key news
• Exhibit 188: thyssenkrupp AG - Key offerings
• Exhibit 189: thyssenkrupp AG - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 190: Inclusions checklist
• Exhibit 191: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 192: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 193: Research methodology
• Exhibit 194: Validation techniques employed for market sizing
• Exhibit 195: Information sources

• 13.5 List of abbreviations 
• Exhibit 196: List of abbreviations

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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