Syngas Market

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MarketsandMarkets Presents
Syngas Market worth 117,400 MW Thermal by 2018

http//www.marketsandmarkets.com/Market-Reports/sy
ngas-market-1178.html
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The report Syngas Market Derivatives
(Methanol, Ammonia, Hydrogen, Oxo Chemicals,
N-Butanol, DME) Market, by End Use Application,
Feedstock, Technology Gasifier Type - Global
Trends Forecast to 2018 defines and segments
the syngas and its derivatives market with
analysis and forecasting of the syngas and its
derivatives consumption. The syngas consumption
for various end usage will grow to 117,400 MW
thermal by 2018, with a high CAGR from 2013 to
2018. Browse 156 market data tables and 86
figures spread through 384 pages and in-depth TOC
on Syngas Market Derivatives (Methanol,
Ammonia, Hydrogen, Oxo Chemicals, N-Butanol, DME)
Market, by End Use Application, Feedstock,
Technology Gasifier Type - Global Trends
Forecast to 2018.http//www.marketsandmarkets.co
m/Market-Reports/syngas-market-1178.htmlEarly
buyers will receive 10 customization on
reports. The syngas and derivatives market is
mainly driven by high demand for fuels,
chemicals, and electricity. Other factors which
are driving the market are polygeneration, and
feedstock flexibility. Polygeneration enables the
process to simultaneously produce chemicals and
fuels along with power generation, whereas,
feedstock flexibility allows the production from
a variety of sources increasing the commercial
viability of syngas. Request to Download
Free PDF Brochure _at_ http//www.marketsandmarkets
.com/pdfdownload.asp?id1178
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Lack of funds and high capital requirements have
proven to be a major restraint for the market.
The time required for building a plant from
initial design phase to final completion phase is
considerably high, which results in the
overshooting of the budget. However, the focus
towards advanced technology and reducing
dependency on crude oil continues to strengthen
the market. The other market opportunities
include utilization of stranded gas reserves for
a GTL (gas to liquid) plant which in turn can
produce liquid fuels for the future
generations. Syngas is majorly used for the
production of chemicals such as ammonia,
methanol, hydrogen, and others. Ammonia is used
for the production of nitrogen fertilizer which
is essential for plant growth. Due to rising
population and their subsequent requirement for
food crops, ammonia is experiencing a steady
increase in demand. Methanol is another syngas
derivative which is anticipated to grow with a
double digit CAGR due to increasing usage for
fuels applications. Various MTP (methanol to
propylene) / MTO (methanol to Olefin) plants have
also been announced, which are driving the
methanol demand, particularly in China.
Hydrogen is essential for many refinery
operations such as ammonia production and hydro
treating applications. Similarly, growth in the
butyl acrylate industry is driving the oxo
alcohols market such as n-butanol. DME (dimethyl
ether) is anticipated to grow due to increased
demand from the LPG blending application. Request
to Sample of This Report _at_ http//www.markets
andmarkets.com/requestsample.asp?id1178
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The report covers the syngas and derivatives
market and its trends concerning five regions,
namely Asia-Pacific, North America, Middle East
Africa, Europe, and South America and the major
countries in each region such as China, U.S.,
Qatar, Germany, South Africa, and others. The
various end-use applications of syngas such as
chemical, liquid fuels, power generation, and
gaseous fuels are covered. Chemical derivatives
such as methanol, ammonia, oxo chemicals,
n-butanol, hydrogen, and DME (Dimethyl Ether) are
included along with their production figures and
consumption trends. The types of technology are
steam reforming, partial oxidation, autothermal
reforming, combined or two-step reforming, and
biomass gasification. The report also covers
syngas production by feedstock such as coal,
natural gas, petroleum, and biomass/waste. Also,
important gasifier types identified and included
are fixed (moving) bed, entrained flow, fluidized
bed, and others. Marketsandmarkets
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