Global Gasification Market Growth (Status and Outlook) 2025-2031

Global Gasification Market Growth (Status and Outlook) 2025-2031

The global Gasification market size is predicted to grow from US$ 2957 million in 2025 to US$ 5407 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.

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.

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.

LPI (LP Information)' newest research report, the “Gasification Industry Forecast” looks at past sales and reviews total world Gasification sales in 2024, providing a comprehensive analysis by region and market sector of projected Gasification sales for 2025 through 2031. 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 analyses 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.

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.

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.