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2021
Gasifier Market

Gasifier Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A09290
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Dec 2021 | 334 Views
   
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COVID-19

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Gasifier is an equipment used for conversion of carbonaceous or organic material into hydrogen, carbon monoxide or carbon dioxide. Gasification is a reliable, commercial, flexible technology that converts any material containing carbon, such as petroleum coke, coal, and biomass, into fossil fuels (syngas). Gasification is mainly done at the global level of trade especially in fertilizer, chemicals, refining, and energy industries. It does not include crude, but instead uses oxygen or less air in a closed reaction to convert more of the carbon material into synthetic gas, or syngas. Availability of deposits of coal in huge amount, demand for clean energy, lack of other feasible alternatives to gasification, increase in government participation, and growing environment-friendly power generation are expected to supplement the gasification market in the near future. Increased usage of gasifiers in fossil fuels, chemicals, forestry, agricultural, petrochemicals, waste handling industries and biofuels due to high demand of energy is predicted to strengthen the industry growth over the next few years.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, Industry Vertical, and Region

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Royal Dutch Shell, General Electric, Air Liquide, SEDIN Engineering Company Limited, Mitsubishi Heavy Industries, Siemens, KBR, Synthesis Energy Systems Inc., CB&I, ThyssenKrupp AG

 

COVID-19 scenario analysis:

  • The COVID-19 pandemic has severely affected the gasifiers market. The report offers a clear assessment of the projected market fluctuations during the forecast period. 
  • The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and are expected to significantly affect the gasifiers market in 2020.
  • COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis:

Increasing demand for efficient and clean energy generation technologies in a variety of energy and household applications is a key factor for the growth of the global energy market. In addition, gasification products are relatively affordable, and the growing demand for gas from emerging economies is the major factor that is expected to boost the global crude market. The high cost of gasification in various consumption applications is an important factor that restricts the growth of the global gasification market. In addition, large amount of biofuel used in the energy sector is a major factor that is expected to hamper the growth of the gas energy market.

Regional market analysis

Asia-Pacific is expected to witness a high demand curve for gasifiers. The abundant availability of coal and increasing demand for clean energy are creating a deep shocking volume of demand for gasifiers. The market growth in North America and Europe can be attributed to advancements in technologies pertaining to gasifiers. Middle East & Africa is expected to become a dominant leader across the globe over the forecast period, owing to increase in demand for gasifier installations. Asia-Pacific is expected to become a high demanding region due to gasifier installation. Rates in China and India for gasifier installations are also expected to increase.

Key segments covered:

Segments

Sub-segments

  Type

  • Moving/Fixed Bed

  • Fluidized Bed

  • Entrained

  • Others

  Application

  • Temperature Control

  • Temperature Monitoring

  • Others

  Industry Vertical

  • Chemical & Petrochemical

  • Oil & Gas

  • Energy & Power

  • Automotive

  • Food & Beverages

  • Healthcare

  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global gasifiers market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global gasifiers market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global gasifiers market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
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  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
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Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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