Global Gasifier Balance of Plant Market is Driven by Rising Demands in Energy, Environment and Power - Forecast 2022

Description:

Global Gasifier Balance of Plant market is expected to grow from $72.01 billion in 2015 to reach $125.85 billion by 2022 with a CAGR of 8.3%. Gasifier Balance of Plant market is expected to have market growth due to demand in low price energy. Vast resources, cheap end-product and clean energy are the key drivers for the gasifier balance of plant market. The price of natural gas is restraining the market growth, whereas the factors such as biomass and waste feedstock are providing growth opportunities.

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Gasification segment is projecting the highest share throughout the forecast period due to its increasing utility in various end-use industries such as oil refining and bulk power generation. Asia Pacific region is observing high gasifier installation rates especially in China and India, owing to discovery of shale gas and oil reserves.

Some of the key players in global Gasifier Balance of Plant market include Siemens, Royal Dutch Shell Plc, Synthesis, Energy Systems Inc., Kbr Inc, Cb&I, Sedin Engineering Company Limited, Mitsubishi Heavy Industries Ltd., General Electric, and Air Liquide.

Types Covered:
Entrained Gasifier
Moving/Fixed Bed
Fluidized Bed
Constructions Covered:
Pre-reactor
Post-reactor
Gasification
Applications Covered:
Waste to energy
Bio-mass to energy & liquid
Petcoke residuals
Plasma
Coal to energy & liquid

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Designs Covered:
Updraught
Downdraught
Fluidized bed
Cross-draught
Molten bed
Double fired
Entrained bed
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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