The Europe Syngas market is estimated to be XX.XX MW Thermal in 2015, and is expected to grow at a CAGR of 7.62% to reach XX.XX MW Thermal by 2020. Syngas or synthesis gas is a collection of gases including hydrogen, methane and carbon monoxide and is conceptually similar to natural gas; syngas can be combusted in a gas turbine engine to produce electricity. It only has 50% of the energy density of natural gas. As a result of the lower energy density, syngas is mostly suited for use in the production of transportation fuels and other chemical products. Syngas can be utilized as a basic chemical building block for use in the petrochemical and refining industries.
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Syngas is produced using various technologies and gasifier types. In the Europe syngas market report, we have considered the following technologies: Steam Reforming, Partial Oxidation, Auto-thermal Reforming, Combined or Two-step Reforming, and Biomass Gasification; and the following gasifier types: Fixed bed, Entrained flow, and Fluidized bed gasifier.
The market has also been segmented on the basis of feedstock used into Coal, Natural gas, Petroleum, Petcoke, and Biomass.
Syngas, in the recent years, has become an integral part of various applications in major industrial and commercial sectors.In the Europe Syngas market report, we have taken the following major end-user sectors into consideration: Power generation, Chemicals, Liquid fuels, and Gaseous fuels.
The chemicals end-user segment accounted for the maximum consumption share in the Europe Syngas market in 2015 and has been sub-segmented into Methanol, Ammonia, Oxo chemicals, N-butanol, Hydrogen, and Dimethyl ether.
This market is driven by a number of factors, such as increased usage for chemical production, flexibility in the feedstock, and stringent environmental regulations. However, this market faces certain drawbacks, primarily the sizeable initial capital investment and funding, which may act as a roadblock to the growth of the market.
The market has also been geographically segmented on the basis of consumption. The regional analysis includes Germany, United Kingdom, Italy, Nordic Countries, the Netherlands, and Rest of Europe.
Germany is the current leader in Europe for syngas production, with more than 12 syngas plants for the production of gaseous fuel and chemicals. The country is expected to grow at a CAGR of ~8.05% during the forecast period.
The large majority of the operating plants in the country are petroleum-based and produce chemicals.
The growing utilization of biomass/waste and underground coal gasification technology, will offer numerous opportunities in the growth of the Europe Syngas market. The market for Synthesis Gas is dominated by large multinationals such as BP Global and Royal Dutch Shell.
Other key industry participants include Yara International, Foster Wheeler AG, OXEA GmbH, Technip SA, etc.
Key Deliverables in the Study
Market analysis for the Europe Syngas Market, with region specific assessments and competition analysis on Europe and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a Europe and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Europe Syngas market on both Europe and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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