Press release
Syngas Market 2016 to grow at a CAGR of 14.1% during the period to 2020
Syngas is a fuel gas mixture that consists of hydrogen and carbon dioxide. It is a versatile intermediate for the production of methanol, ammonia, and SNG. The composition of substances in syngas varies depending upon the chemical composition of the feedstock. Syngas can be produced from any hydrocarbon feedstock, by reaction with either steam or oxygen.
Some examples of feedstock include:
• Natural gas
• Coal
• Biomass
• Petroleum
• Pet coke
Global syngas market to grow at a CAGR of 14.1% during the period 2016-2020.
Syngas is produced by steam reforming or gasification and requires high temperature. The gasification process converts low-value feedstocks into either power or products.
Covered in this report
The report covers the present scenario and the growth prospects of the global syngas market for 2016-2020. The market size is measured in terms of MW. The report also presents a detailed study of various growth patterns of the market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
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Global Syngas Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Dakota
• General Electric
• Sasol
• Royal Dutch Shell
Other prominent vendors
• Agrium
• Air Products and Chemicals
• BioMethanol Chemie Nederland
• CF Industries
• ConocoPhillips
• Dow Chemical
• Foster Wheeler
• Haldor Topsoe
• KT - Kinetics Technology
• Siemens
• The Linde Group
Read More Research with TOC @ http://goo.gl/udpVaF
Market driver
• Flexibility in feedstock
• For a full, detailed list, view our report
Market challenge
• High capital investment
• For a full, detailed list, view our report
Market trend
• Increased use of UCG
• For a full, detailed list, view our report
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