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About Gasification
Gasification is a thermochemical process that converts hydrocarbons such as coal, petroleum, petcoke, natural gas, and biomass into simple molecules, primarily resulting in a mixture called syngas (carbon monoxide and hydrogen) by means of partial oxidation with air, oxygen, or steam. The key advantage of gasification is its ability to perform in various designs having a reduced environmental footprint as compared to combustion technologies. There are several gasifier designs and operating conditions. The most vital component of the gasification process is the gasifier, a vessel in which the feedstock reacts with air or oxygen at high temperatures. The carbon monoxide and hydrogen ratio depends on the hydrogen and carbon content of the feedstock and the type of gasifier.
TechNavio's analysts forecast the Global Gasification market to grow at a CAGR of 13.1 percent over the period 2014-2019.
Covered in this Report
TechNavio's report, Global Gasification Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Gasification market landscape and its growth prospects in the coming years. The report also includes the segmentation of the Global Gasification market by feedstock as well as geographical segmentation. The report includes a discussion of the key vendors operating in this market.
Key Vendors
• Air Liquide
• GE
• Mitsubishi Heavy Industries
• Royal Dutch Shell
• Siemens Energy
Other Prominent Vendors
• CB&I
• Sedin Engineering Company
• Synthesis Energy Systems
• Thyssenkrupp
Market Driver
• Rise in Demand for Energy
• For a full, detailed list, view our report
Market Challenge
• High Upfront Cost
• For a full, detailed list, view our report
Market Trend
• Increased Adoption of UCG
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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