Global Gasification Market Growth (Status and Outlook) 2023-2029

Global Gasification Market Growth (Status and Outlook) 2023-2029

Gasification is a process that converts organic carbonaceous feedstocks into carbon monoxide, carbon dioxide, and hydrogen by reacting the feedstock at high temperatures (>700°C, 1290°F), without combustion, with a controlled amount of oxygen and/or steam. The Gasification industry can be broken down into several segments, Coal Gasification, Biomass Gasification, etc. Across the world, the major players cover Air Liquide, Siemens, KBR, etc.
LPI (LP Information)' newest research report, the “Gasification Industry Forecast” looks at past sales and reviews total world Gasification sales in 2022, providing a comprehensive analysis by region and market sector of projected Gasification sales for 2023 through 2029. With Gasification sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gasification industry.
This Insight Report provides a comprehensive analysis of the global Gasification landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gasification portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gasification market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gasification and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gasification.
The global Gasification market size is projected to grow from US$ 2438.8 million in 2022 to US$ 4931.1 million in 2029; it is expected to grow at a CAGR of 10.6% from 2023 to 2029.
Global Gasification key players include Air Liquide, Air Products (Formerly GE), Synthesis Energy Systems, Shell, Siemens, etc. Global top five players hold a share over 20%. Asia-Pacific is the largest market, with a share about 70%, followed by North America and Europe, both have a share about 20 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Gasification market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Coal Gasification
Biomass Gasification
Petroleum Coke
Others
Segmentation by application
Chemicals
Liquid Fuels
Power
Gaseous Fuels
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Air Liquide
Siemens
KBR, Inc.
Lummus Technology
Sedin Engineering
Air Products (Formerly GE)
Thyssenkrupp
Shell
Mitsubishi Heavy Industries
Synthesis Energy Systems

Please note: The report will take approximately 2 business days to prepare and deliver.