Press release
Syngas & Derivatives Market 2020-2025: Sasol Limited, Haldor Topsoe A/S, Air Liquide S.A, Siemens AG, Air Products and Chemicals Inc, KBR Inc, Linde plc, BASF SE and Others.
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The Syngas & Derivatives Market is estimated at 2,45,557 MWth in 2020 and is projected to reach 4,06,860 MWth by 2025, at a CAGR of 10.6% from 2020 to 2025.
Top Companies Profiled in the Syngas & Derivatives Market:
• Sasol Limited (South Africa)
• Haldor Topsoe A/S (Denmark)
• Air Liquide S.A.(France)
• Siemens AG (Germany)
• Air Products and Chemicals Inc. (US)
• KBR Inc. (US)
• Linde plc (UK)
• BASF SE (Germany)
• TechnipFMC PLC (UK)
• McDermott International Inc. (US)
• Mitsubishi Heavy Industries Ltd. (Japan)
• Chiyoda Corporation (Japan)
• Synthesis Energy Systems Inc. (US)
• Yara International ASA (Norway)
• Methanex Corporation (Canada)
• CF Industries Holdings Inc. (US)
• Dow Inc. (US)
• John Wood Group PLC (UK)
“Impact of COVID-19 outbreak on the syngas & derivatives market”
The COVID-19 outbreak started from Wuhan, China has spread across all the major economies in the world. The syngas & derivatives market has been slightly impacted due to the outbreak of COVID-19 as most of the syngas and its derivatives production plants are located in the countries that are highly impacted due to coronavirus.
“Biomass/waste segment is projected to grow at the highest CAGR in the syngas & derivatives market between 2020 and 2025”
Biomass/waste is projected to be the fastest growing feed stock segment in the syngas & derivatives market during the forecast period. Biomass and organic wastes are considered as renewable feed stocks that are available in high quantities in many countries.
“Chemicals segment contributed to the highest volume consumption in the syngas & derivatives market”
The chemicals segment is estimated to lead the syngas & derivatives market in 2020, due to rising demand for syngas & derivatives such as methanol, ammonia, and FT synthesis products for the production of chemical intermediates. Chemicals such as methanol are used as an intermediate for the synthesis of many chemicals as well as in fuels.
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Breakdown of primary participants’ profile:
• By Company Type – Tier 1– 30%, Tier 2–50%, and Tier 3–20%
• By Designation – C-Level–20%, D-Level Executives – 30%,and Others–50%
• By Region – Europe – 40%, Asia Pacific– 30%, North America – 20%,Rest of the World – 10%
Reason to access this report:
• Market Penetration: Comprehensive information on various products of syngas & derivatives offered by top players operating in the market
• Product Development/Innovation: Detailed insights into upcoming developments in the syngas & derivatives market, R&D activities, and new applications in various end-use industries in the market
• Market Development: Comprehensive information about lucrative and emerging markets across different regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the syngas & derivatives market
• Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the syngas & derivatives market
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