Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 8.49 Billion

CAGR (2023-2028)

16.94%

Fastest Growing Segment

Natural Gas

Largest Market

Asia Pacific

Market Overview

The global coal gasification market is witnessing dynamic growth driven by a combination of factors reshaping the energy and industrial landscape. As nations navigate the delicate balance between energy security, environmental sustainability, and economic viability, coal gasification emerges as a versatile technology at the forefront of this transformation. With its ability to convert coal into valuable synthesis gas (syngas), coal gasification plays a pivotal role in diverse applications, notably in the production of chemicals, fertilizers, liquid fuels, and gaseous fuels. The dominance of entrained flow gasifiers, known for their adaptability to various coal types and superior efficiency, underscores the technological advancements propelling the market forward. Regions like the Asia Pacific, endowed with abundant coal resources, lead in the adoption of coal gasification to meet escalating energy demands and promote industrial growth. Government initiatives, ongoing research and development, and the integration of carbon capture and utilization technologies further contribute to the market's evolution. Despite challenges related to environmental concerns and economic viability, the global coal gasification market continues to thrive, offering a strategic bridge between traditional energy sources and a sustainable, diversified energy future. As industries worldwide seek cleaner and more efficient alternatives, coal gasification remains a resilient and transformative force shaping the future of global energy systems.

 

Key Market Drivers

Energy Security and Diversification

Energy security concerns and the need for diversification in the global energy mix are key drivers propelling the coal gasification market. Many countries with abundant coal reserves view gasification as a means of enhancing energy security by tapping into domestic coal resources. By diversifying their energy sources, nations aim to reduce dependence on imported fuels, mitigating geopolitical risks and ensuring a stable and secure energy supply.

Chemical Manufacturing and Synthesis Gas Demand

The increasing demand for synthesis gas (syngas) in chemical manufacturing processes is a significant driver for the coal gasification market. Syngas, produced through coal gasification, serves as a versatile feedstock for the production of various chemicals, including methanol, ammonia, and liquid fuels. Growing industries such as petrochemicals and manufacturing are driving the demand for syngas, positioning coal gasification as a crucial technology to meet these industrial needs.

Carbon Capture and Utilization (CCU) Technologies

The emphasis on carbon capture and utilization (CCU) technologies is a key driver for the coal gasification market. As global efforts intensify to combat climate change, coal gasification projects are increasingly adopting CCU technologies to capture and utilize carbon dioxide emissions. By converting captured CO2 into valuable products such as chemicals, polymers, or construction materials, coal gasification becomes a more environmentally sustainable option, aligning with global goals for carbon neutrality and circular economy principles.

Industrial Heat and Power Generation

Coal gasification remains a vital driver for industrial heat and power generation, particularly in regions where coal is abundant and cost-competitive. Integrated Gasification Combined Cycle (IGCC) power plants utilize syngas produced from coal gasification to generate electricity. Industries with high-temperature process requirements, such as steel and cement manufacturing, also benefit from the utilization of syngas as a cleaner alternative to traditional coal combustion, contributing to more sustainable industrial operations.

Research and Development Initiatives

Ongoing research and development initiatives play a crucial role in driving advancements in coal gasification technologies. Governments, industry stakeholders, and research institutions are investing in R&D to enhance the efficiency, environmental performance, and cost-effectiveness of gasification processes. Innovations in reactor design, catalyst technologies, and process optimization contribute to the continuous evolution of coal gasification, making it more competitive and appealing in the context of evolving energy and environmental standards.


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Key Market Challenges

Environmental Concerns and Carbon Emissions

One of the primary challenges facing the global coal gasification market is the environmental impact associated with carbon emissions. Despite advancements in gasification technologies, the process still generates carbon dioxide (CO2) emissions, contributing to climate change. Stricter environmental regulations and the global push towards decarbonization pose a significant challenge for coal gasification projects. The industry is under pressure to develop effective carbon capture and storage (CCS) solutions to mitigate environmental concerns and comply with emissions reduction targets.

Economic Viability and Competing Technologies

The economic viability of coal gasification projects is a major challenge, particularly when compared to alternative and cleaner energy technologies. The initial capital costs of building gasification facilities, coupled with ongoing operational expenses, can make coal gasification less competitive in the energy market. The declining costs of renewable energy sources, such as solar and wind, further challenge the economic feasibility of coal gasification projects. Striking a balance between economic viability and meeting environmental standards remains a key challenge for the industry.

Feedstock Quality and Availability

The quality and availability of coal feedstock pose significant challenges for the coal gasification market. The efficiency and performance of gasification processes are influenced by the type and quality of coal used. Securing a consistent and high-quality coal supply can be challenging, especially as coal reserves vary in composition globally. Additionally, as some regions transition away from coal mining or enforce stricter regulations on coal extraction, ensuring a reliable and sustainable coal supply becomes a complex task for coal gasification projects.

Public Perception and Social Acceptance

Public perception and social acceptance of coal gasification projects remain a considerable challenge. Concerns about air quality, water usage, and the overall environmental impact of coal-related activities contribute to public opposition. Community resistance, driven by fears of pollution and adverse health effects, can delay or impede the development of coal gasification projects. Achieving social license to operate is crucial for the industry, requiring effective communication, transparency, and community engagement strategies.

Technological Risks and Integration

The coal gasification industry faces ongoing technological challenges and risks associated with the development and integration of advanced gasification technologies. Issues related to reactor design, gas cleanup, and the reliability of syngas production processes can impact the overall efficiency and performance of coal gasification plants. Achieving seamless integration with downstream processes, such as carbon capture and utilization (CCU) or chemical manufacturing, poses additional technological challenges. Research and development efforts are essential to address these challenges and enhance the overall reliability and efficiency of coal gasification technologies.

 

Key Market Trends

Growing Interest in Clean Energy Solutions

In recent years, the global coal gasification market has witnessed a shift towards cleaner energy solutions. Governments and industries worldwide are increasingly focusing on reducing carbon emissions and transitioning to sustainable energy sources. Coal gasification, when coupled with carbon capture and storage (CCS) technologies, presents a cleaner alternative to traditional coal combustion. This trend is driven by environmental concerns, stringent regulations, and the pursuit of more sustainable energy practices.

Integration with Chemical Manufacturing

The coal gasification market is experiencing a trend towards increased integration with chemical manufacturing processes. Synthesis gas (syngas) produced through coal gasification serves as a versatile feedstock for the production of various chemicals, including methanol, ammonia, and liquid fuels. This integration enhances the overall efficiency of coal utilization, providing economic incentives for industries looking to diversify their product portfolios while optimizing resource use.

Technological Advancements for Efficiency and Flexibility

Continuous advancements in coal gasification technologies are driving improvements in efficiency and flexibility. Integrated Gasification Combined Cycle (IGCC) and advanced gasification technologies enable the extraction of more energy from coal, optimizing power generation processes. Additionally, advancements in gasification reactor designs and catalyst technologies contribute to greater operational flexibility, allowing for a wider range of coal types and reducing the environmental footprint of coal-derived energy.

Regional Focus on Energy Security

Certain regions are placing a renewed emphasis on coal gasification as a means of enhancing energy security. Countries with abundant coal reserves are leveraging gasification technologies to reduce dependence on imported energy resources. By unlocking the potential of domestic coal reserves, these regions aim to create a more self-sufficient and secure energy supply, mitigating geopolitical and economic risks associated with energy imports.

Carbon Capture and Utilization (CCU) Applications

The global coal gasification market is witnessing increased interest in Carbon Capture and Utilization (CCU) applications. CCU technologies capture carbon dioxide emissions from coal gasification processes and convert them into valuable products. This trend aligns with the broader push towards carbon neutrality and circular economy principles. Applications include the production of chemicals, building materials, and synthetic fuels, creating a more sustainable approach to managing carbon emissions from coal-based industries.

 

Segmental Insights

Feedstock Type Insights

Coal segment dominates in the global coal gasification market in 2022. Coal stands out as the primary and most widely utilized feedstock in the global coal gasification market. This dominance is underpinned by several factors that underscore the significance of coal in the energy landscape, industrial processes, and chemical manufacturing. Abundant coal reserves, particularly in regions such as Asia Pacific and North America, provide a cost-effective and reliable source for coal gasification projects.

The appeal of coal as a feedstock lies in its availability and cost-efficiency, making it a strategic choice for countries seeking to capitalize on domestic energy resources. The Asia Pacific region, with its vast coal reserves, has prominently embraced coal gasification as a means of ensuring energy security and supporting rapid industrialization.

The versatility of coal as a feedstock is another key factor in its dominance. Coal gasification processes yield synthesis gas (syngas), a versatile mixture of hydrogen and carbon monoxide. Syngas serves as a precursor for a myriad of downstream applications, including power generation, chemical synthesis, and the production of liquid fuels. This versatility enhances the attractiveness of coal gasification projects, fostering their integration into diverse industrial and energy sectors.

Moreover, advancements in coal gasification technologies, such as Integrated Gasification Combined Cycle (IGCC), have improved the overall efficiency and environmental performance of coal-based projects. These technological enhancements address concerns related to emissions and emphasize the compatibility of coal gasification with contemporary environmental standards.

Application Insights

Chemicals & fertilizers segment dominates in the global coal gasification market in 2022. The Chemicals & Fertilizers segment emerges as the unequivocal leader in the global coal gasification market, steering the trajectory of the industry toward multifaceted applications. This dominance is underpinned by the intrinsic ability of coal gasification to produce syngas, a versatile feedstock for various chemical processes. Syngas, comprising hydrogen and carbon monoxide, becomes the cornerstone for the synthesis of a myriad of chemical compounds and fertilizers.

In the Chemicals & Fertilizers sector, coal gasification offers a strategic advantage due to its capability to generate syngas with consistent composition and purity. This consistency is vital for the precision required in chemical synthesis, ensuring reliable and high-quality output. As a result, coal gasification becomes an integral component of the chemical manufacturing landscape, supporting the production of methanol, ammonia, and other essential chemicals.

The fertilizers sub-segment within Chemicals & Fertilizers benefits significantly from coal gasification, with syngas serving as a precursor for ammonia production. Ammonia, a key component in nitrogen-based fertilizers, addresses the global agricultural demand for high-yield crop production. The reliability and efficiency of coal gasification in providing a stable supply of syngas contribute to the global fertilizer industry's growth, meeting the needs of an expanding population and intensifying agricultural practices.

Moreover, the Chemicals & Fertilizers application of coal gasification aligns with sustainability goals. By utilizing coal-derived syngas for chemical synthesis, industries can diversify their feedstock sources, reduce dependency on traditional fossil fuels, and contribute to a more circular and eco-friendly economy.


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Regional Insights

Asia Pacific dominates the Global Coal Gasification Market in 2022. Asia Pacific is home to some of the world's largest coal-producing nations, including China and India, which possess vast coal reserves. The abundance of coal resources in the region provides a readily available and cost-effective feedstock for coal gasification projects. As a result, countries in the Asia Pacific leverage their extensive coal reserves to meet the growing demand for energy and feedstock in various industries.

Energy security is a paramount concern for many Asia Pacific countries. With a rapidly expanding population and increasing industrialization, there is a substantial demand for secure and diversified energy sources. Coal gasification allows these nations to tap into domestic coal reserves, reducing dependence on imported energy resources and enhancing energy security.

The Asia Pacific region is a global hub for industrial activities and chemical manufacturing. Coal gasification, with its ability to produce synthesis gas (syngas), serves as a valuable feedstock for various chemical processes. The region's robust industrial and manufacturing sectors drive the demand for syngas, making coal gasification an integral part of the industrial landscape.

Rapid economic growth in the Asia Pacific region has led to increased energy consumption and the need for reliable power generation. Coal gasification facilitates the production of electricity and heat, supporting the infrastructure development required for burgeoning urban centers and industrial complexes. The economic imperative to meet growing energy demands contributes to the dominance of coal gasification in the region.


Recent Developments

  • 20 Oct 2022, Air Liquide has signed a contract for design and building of four ASUs for new clients in the coal transformation industry. Large amounts of oxygen are needed to support the Coal to Chemicals (CTC) market's rapid growth in China. For the Shaanxi Yanchang Petroleum Group's Yulin Energy and Chemical Corporation, two ASUs with a combined daily oxygen production capacity of one tonne.
  • 28 Sept 2022, Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Indonesia’s Institut Teknologi Bandung (ITB) to conduct joint research and development of ammonia-fired power generation by gas turbine. MHI and ITB have already been undertaking joint research on a variety of clean energy solutions to help Indonesia achieve decarbonization.


Key Market Players

  • General Electric Company
  • Royal Dutch Shell Plc
  • Mitsubishi Heavy Industries, Ltd.
  • Sedin Engineering
  • McDermott International, Inc.
  • KBR, Inc.
  • Oil and Natural Gas Corporation Ltd.
  • ThyssenKrupp AG
  • Petrochemical Corporation of Singapore (Private) Limited
  • Sasol Ltd.

By Feedstock Type

By Application

By Gasifier

By Region

  • Coal
  • Petroleum Coke
  • Natural Gas
  • Biomass
  • Other
  • Chemicals & Fertilizers
  • Liquid Fuels
  • Gaseous Fuels
  • Others
  • Fixed Bed
  • Entrained Flow
  • Fluidized Bed
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

 

Report Scope:

In this report, the Global Coal Gasification Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Coal Gasification Market, By Feedstock Type:

o   Coal

o   Petroleum Coke

o   Natural Gas

o   Biomass

o   Other

  • Coal Gasification Market, By Application:

o   Chemicals & Fertilizers

o   Liquid Fuels

o   Gaseous Fuels

o   Others

  • Coal Gasification Market, By Gasifier:

o   Fixed Bed

o   Entrained Flow

o   Fluidized Bed

  • Coal Gasification Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Coal Gasification Market.

Available Customizations:

Global Coal Gasification Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Coal Gasification Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.    Market Definition

1.2.    Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.    Baseline Methodology

2.2.    Key Industry Partners

2.3.    Major Association and Secondary Sources

2.4.    Forecasting Methodology

2.5.    Data Triangulation & Validation

2.6.    Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Global Coal Gasification Market

5.    Voice of Customer

6.    Global Coal Gasification Market Overview

7.    Global Coal Gasification Market Outlook

7.1.    Market Size & Forecast

7.1.1.    By Value

7.2.    Market Share & Forecast

7.2.1.  By Feedstock Type (Coal, Petroleum Coke, Natural Gas, Biomass, Other)

7.2.2.  By Application (Chemicals & Fertilizers, Liquid Fuels, Gaseous Fuels, Others)

7.2.3.  By Gasifier (Fixed Bed, Entrained Flow, Fluidized Bed)

7.2.4.  By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3.    By Company (2022)

7.4.    Market Map

8.    North America Coal Gasification Market Outlook

8.1.    Market Size & Forecast

8.1.1.    By Value

8.2.    Market Share & Forecast

8.2.1.    By Feedstock Type

8.2.2.    By Application

8.2.3.    By Gasifier

8.2.4.    By Country

8.2.4.1.        United States Coal Gasification Market Outlook

8.2.4.1.1.        Market Size & Forecast

8.2.4.1.1.1.    By Value

8.2.4.1.2.        Market Share & Forecast

8.2.4.1.2.1.               By Feedstock Type

8.2.4.1.2.2.               By Application

8.2.4.1.2.3.               By Gasifier

8.2.4.2.        Canada Coal Gasification Market Outlook

8.2.4.2.1.        Market Size & Forecast

8.2.4.2.1.1.    By Value

8.2.4.2.2.        Market Share & Forecast

8.2.4.2.2.1.               By Feedstock Type

8.2.4.2.2.2.               By Application

8.2.4.2.2.3.               By Gasifier

8.2.4.3.        Mexico Coal Gasification Market Outlook

8.2.4.3.1.        Market Size & Forecast

8.2.4.3.1.1.    By Value

8.2.4.3.2.        Market Share & Forecast

8.2.4.3.2.1.               By Feedstock Type

8.2.4.3.2.2.               By Application

8.2.4.3.2.3.               By Gasifier

9.    Europe Coal Gasification Market Outlook

9.1.    Market Size & Forecast

9.1.1.  By Value

9.2.    Market Share & Forecast

9.2.1.    By Feedstock Type

9.2.2.    By Application

9.2.3.    By Gasifier

9.2.4.    By Country

9.2.4.1.        Germany Coal Gasification Market Outlook

9.2.4.1.1.        Market Size & Forecast

9.2.4.1.1.1.    By Value

9.2.4.1.2.        Market Share & Forecast

9.2.4.1.2.1.               By Feedstock Type

9.2.4.1.2.2.               By Application

9.2.4.1.2.3.               By Gasifier

9.2.4.2.        France Coal Gasification Market Outlook

9.2.4.2.1.        Market Size & Forecast

9.2.4.2.1.1.    By Value

9.2.4.2.2.        Market Share & Forecast

9.2.4.2.2.1.               By Feedstock Type

9.2.4.2.2.2.               By Application

9.2.4.2.2.3.               By Gasifier

9.2.4.3.        United Kingdom Coal Gasification Market Outlook

9.2.4.3.1.        Market Size & Forecast

9.2.4.3.1.1.    By Value

9.2.4.3.2.        Market Share & Forecast

9.2.4.3.2.1.               By Feedstock Type

9.2.4.3.2.2.               By Application

9.2.4.3.2.3.               By Gasifier

9.2.4.4.        Italy Coal Gasification Market Outlook

9.2.4.4.1.        Market Size & Forecast

9.2.4.4.1.1.    By Value

9.2.4.4.2.        Market Share & Forecast

9.2.4.4.2.1.               By Feedstock Type

9.2.4.4.2.2.               By Application

9.2.4.4.2.3.               By Gasifier

9.2.4.5.        Spain Coal Gasification Market Outlook

9.2.4.5.1.        Market Size & Forecast

9.2.4.5.1.1.    By Value

9.2.4.5.2.        Market Share & Forecast

9.2.4.5.2.1.               By Feedstock Type

9.2.4.5.2.2.               By Application

9.2.4.5.2.3.               By Gasifier

10. South America Coal Gasification Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Value

10.2. Market Share & Forecast

10.2.1. By Feedstock Type

10.2.2. By Application

10.2.3. By Gasifier

10.2.4. By Country

10.2.4.1.     Brazil Coal Gasification Market Outlook

10.2.4.1.1.   Market Size & Forecast

10.2.4.1.1.1.             By Value

10.2.4.1.2.   Market Share & Forecast

10.2.4.1.2.1.            By Feedstock Type

10.2.4.1.2.2.            By Application

10.2.4.1.2.3.            By Gasifier

10.2.4.2.     Colombia Coal Gasification Market Outlook

10.2.4.2.1.   Market Size & Forecast

10.2.4.2.1.1.             By Value

10.2.4.2.2.   Market Share & Forecast

10.2.4.2.2.1.            By Feedstock Type

10.2.4.2.2.2.            By Application

10.2.4.2.2.3.            By Gasifier

10.2.4.3.     Argentina Coal Gasification Market Outlook

10.2.4.3.1.   Market Size & Forecast

10.2.4.3.1.1.             By Value

10.2.4.3.2.   Market Share & Forecast

10.2.4.3.2.1.            By Feedstock Type

10.2.4.3.2.2.            By Application

10.2.4.3.2.3.            By Gasifier

11. Middle East & Africa Coal Gasification Market Outlook

11.1. Market Size & Forecast

11.1.1.    By Value

11.2. Market Share & Forecast

11.2.1. By Feedstock Type

11.2.2. By Application

11.2.3. By Gasifier

11.2.4. By Country

11.2.4.1.     Saudi Arabia Coal Gasification Market Outlook

11.2.4.1.1.   Market Size & Forecast

11.2.4.1.1.1.             By Value

11.2.4.1.2.   Market Share & Forecast

11.2.4.1.2.1.            By Feedstock Type

11.2.4.1.2.2.            By Application

11.2.4.1.2.3.            By Gasifier

11.2.4.2.     UAE Coal Gasification Market Outlook

11.2.4.2.1.   Market Size & Forecast

11.2.4.2.1.1.             By Value

11.2.4.2.2.   Market Share & Forecast

11.2.4.2.2.1.            By Feedstock Type

11.2.4.2.2.2.            By Application

11.2.4.2.2.3.            By Gasifier

11.2.4.3.     South Africa Coal Gasification Market Outlook

11.2.4.3.1.   Market Size & Forecast

11.2.4.3.1.1.             By Value

11.2.4.3.2.   Market Share & Forecast

11.2.4.3.2.1.            By Feedstock Type

11.2.4.3.2.2.            By Application

11.2.4.3.2.3.            By Gasifier

12. Asia Pacific Coal Gasification Market Outlook

12.1. Market Size & Forecast

12.1.1.    By Value

12.2. Market Size & Forecast

12.2.1. By Feedstock Type

12.2.2. By Application

12.2.3. By Gasifier

12.2.4. By Country

12.2.4.1.     China Coal Gasification Market Outlook

12.2.4.1.1.   Market Size & Forecast

12.2.4.1.1.1.             By Value

12.2.4.1.2.   Market Share & Forecast

12.2.4.1.2.1.            By Feedstock Type

12.2.4.1.2.2.            By Application

12.2.4.1.2.3.            By Gasifier

12.2.4.2.     India Coal Gasification Market Outlook

12.2.4.2.1.   Market Size & Forecast

12.2.4.2.1.1.             By Value

12.2.4.2.2.   Market Share & Forecast

12.2.4.2.2.1.            By Feedstock Type

12.2.4.2.2.2.            By Application

12.2.4.2.2.3.            By Gasifier

12.2.4.3.     Japan Coal Gasification Market Outlook

12.2.4.3.1.   Market Size & Forecast

12.2.4.3.1.1.             By Value

12.2.4.3.2.   Market Share & Forecast

12.2.4.3.2.1.            By Feedstock Type

12.2.4.3.2.2.            By Application

12.2.4.3.2.3.            By Gasifier

12.2.4.4.     South Korea Coal Gasification Market Outlook

12.2.4.4.1.   Market Size & Forecast

12.2.4.4.1.1.  By Value

12.2.4.4.2.   Market Share & Forecast

12.2.4.4.2.1.            By Feedstock Type

12.2.4.4.2.2.            By Application

12.2.4.4.2.3.            By Gasifier

12.2.4.5.     Australia Coal Gasification Market Outlook

12.2.4.5.1.   Market Size & Forecast

12.2.4.5.1.1.             By Value

12.2.4.5.2.   Market Share & Forecast

12.2.4.5.2.1.            By Feedstock Type

12.2.4.5.2.2.            By Application

12.2.4.5.2.3.            By Gasifier

12.2.4.5.2.4.             

13. Market Dynamics

13.1.   Drivers

13.2.   Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.   General Electric Company

15.1.1.        Business Overview

15.1.2.        Key Revenue and Financials  

15.1.3.        Recent Developments

15.1.4.        Key Personnel

15.1.5.        Key Product/Services Offered

15.2.   Royal Dutch Shell Plc

15.2.1.        Business Overview

15.2.2.        Key Revenue and Financials  

15.2.3.        Recent Developments

15.2.4.        Key Personnel

15.2.5.        Key Product/Services Offered

15.3.   Mitsubishi Heavy Industries, Ltd.

15.3.1.        Business Overview

15.3.2.        Key Revenue and Financials  

15.3.3.        Recent Developments

15.3.4.        Key Personnel

15.3.5.        Key Product/Services Offered

15.4.   Sedin Engineering

15.4.1.        Business Overview

15.4.2.        Key Revenue and Financials  

15.4.3.        Recent Developments

15.4.4.        Key Personnel

15.4.5.        Key Product/Services Offered

15.5.   McDermott International, Inc.

15.5.1.        Business Overview

15.5.2.        Key Revenue and Financials  

15.5.3.        Recent Developments

15.5.4.        Key Personnel

15.5.5.        Key Product/Services Offered

15.6.   KBR, Inc.

15.6.1.        Business Overview

15.6.2.        Key Revenue and Financials  

15.6.3.        Recent Developments

15.6.4.        Key Personnel

15.6.5.        Key Product/Services Offered

15.7.   Oil and Natural Gas Corporation Ltd.

15.7.1.        Business Overview

15.7.2.        Key Revenue and Financials  

15.7.3.        Recent Developments

15.7.4.        Key Personnel

15.7.5.        Key Product/Services Offered

15.8.   ThyssenKrupp AG

15.8.1.        Business Overview

15.8.2.        Key Revenue and Financials  

15.8.3.        Recent Developments

15.8.4.        Key Personnel

15.8.5.        Key Product/Services Offered

15.9.   Petrochemical Corporation of Singapore (Private) Limited

15.9.1.        Business Overview

15.9.2.        Key Revenue and Financials  

15.9.3.        Recent Developments

15.9.4.        Key Personnel

15.9.5.        Key Product/Services Offered

15.10.Sasol Ltd.

15.10.1.     Business Overview

15.10.2.     Key Revenue and Financials  

15.10.3.     Recent Developments

15.10.4.     Key Personnel

15.10.5.     Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global coal gasification market was USD 8.49 Billion in 2022.

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Coal was the dominant segment in the global coal gasification market in 2022 by feedstock type.

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The challenges in the global coal gasification market include environmental concerns and carbon emissions, economic viability and competing technologies, feedstock quality and availability, public perception and social acceptance, etc.

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The major drivers for the global coal gasification market include energy security and diversification, chemical manufacturing and synthesis gas demand, carbon capture and utilization (CCU) technologies, industrial heat and power generation, etc.

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Parvati Sharma

Account Manager BD
Press Release

Coal Gasification Market Expands with Coal Segment at a robust CAGR of 16.94%

Nov, 2023

The increasing global coal gasification market is driven by energy security and diversification, chemical manufacturing and synthesis gas demand during the forecast period 2024-2028