Global Syngas Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Syngas Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Syngas market size was valued at US$ 68860 million in 2024 and is forecast to a readjusted size of USD 140430 million by 2031 with a CAGR of 10.2% during review period.

Syngas is a raw gas with carbon monoxide (CO) and hydrogen (H2) as the main components, which is widely used as a chemical raw material. This gas can be obtained by pyrolysis or gasification of a variety of carbon-containing minerals such as coal, oil, natural gas, coke oven gas, refinery gas, sludge and biomass. In the chemical industry, syngas plays an important role and is an important hub connecting upstream resources and downstream products. The syngas industry is a technology-intensive industry. Whether an enterprise has mastered core patented proprietary technologies and whether it has the ability to apply patented proprietary technologies in engineering is the decisive factor in whether it has market competitiveness. Large-scale modern syngas technology requires long-term practice to mature due to the complex process technology and engineering technology involved. Syngas is widely used in the chemical industry and can produce a series of chemicals such as ammonia and methanol. Among them, ammonia is one of the most important products in syngas chemicals, mainly used to produce urea, various ammonium salts, nitric acid, etc. Methanol is the second largest product, widely used in solvents, fuels, chemical raw materials and other fields. In addition to traditional application areas, syngas also shows broad application prospects in new energy, new materials and other fields. For example, synthesis gas can be converted into liquid fuels and chemical raw materials through Fischer-Tropsch synthesis technology; in the field of fuel cells, the hydrogen in synthesis gas can be used as fuel for hydrogen fuel cells.

There are many participants in the syngas market, including internationally renowned companies such as Linde, Air Liquide, and Air Products, as well as many domestic companies. These companies are competing fiercely in terms of technology research and development, market expansion, etc. In order to remain competitive, companies need to continuously invest in R&D funds and technical forces to improve product quality and production efficiency; at the same time, they also need to pay attention to market changes and changes in customer demand, and adjust product structure and market strategy in a timely manner. The Asia-Pacific region dominates the market, accounting for the largest share of 70% in 2023. The region is also likely to dominate the industry during the forecast period. Driven by supportive policies, increasing disposable income, and growing environmental concerns, governments in regions such as China, India, Japan, and South Korea are at the forefront of this growth. These countries are actively promoting clean energy solutions and waste-to-energy programs. Syngas has the potential for clean combustion and waste utilization, which is very consistent with these goals and has attracted government support and investment.

This report is a detailed and comprehensive analysis for global Syngas market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Syngas market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Syngas market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Syngas market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Syngas market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Syngas

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Syngas market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde, Air Liquide, Air Products, Hualu-Hengsheng, Yingde Gases, Sasol, KBR, Topsoe, Shell, Chiyoda Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Syngas market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Natural Gas
Naphtha Reforming
Coal
Others

Market segment by Application
Chemicals
Liquid Fuels
Power
Gaseous Fuels
Others

Major players covered
Linde
Air Liquide
Air Products
Hualu-Hengsheng
Yingde Gases
Sasol
KBR
Topsoe
Shell
Chiyoda Corporation
BASF
Shandong Lianmeng
Hubei Kailong
Lutianhua
China National Coal Group

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Syngas product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Syngas, with price, sales quantity, revenue, and global market share of Syngas from 2020 to 2025.

Chapter 3, the Syngas competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Syngas breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Syngas market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Syngas.

Chapter 14 and 15, to describe Syngas sales channel, distributors, customers, research findings and conclusion.