Syngas Market in North America 2022-2026
Technavio has been monitoring the syngas market in North America and it is poised to grow by $ 416.12 mn during 2022-2026, progressing at a CAGR of 2.62% during the forecast period. Our report on the syngas market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising application of syngas and feedstock flexibility for syngas production. In addition, the rising application of syngas is anticipated to boost the growth of the market as well.
The syngas market in North America analysis includes the feedstock segment and geographic landscape.
Technavio's syngas market in North America is segmented as below:
By Feedstock
- Coal
- Natural gas
- Petroleum byproducts
- Biomass
- Others
By Geographical Landscape
This study identifies the increasing investments in sustainable energyas one of the prime reasons driving the syngas market growth in North America during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on syngas market in North America covers the following areas:
- Syngas market sizing
- Syngas market forecast
- Syngas market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading syngas market vendors in North America that include Air Products and Chemicals Inc., Chiyoda Corp., Dakota Gasification Co., Haldor Topsoe AS, Honeywell International Inc., LAIR LIQUIDE SA, Linde Plc, McDermott International Inc., Sierra Industrial Group, and SynGas Technology LLC. Also, the syngas market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAir Products and Chemicals Inc., Chiyoda Corp., Dakota Gasification Co., Haldor Topsoe AS, Honeywell International Inc., LAIR LIQUIDE SA, Linde Plc, McDermott International Inc., Sierra Industrial Group, SynGas Technology LLC