Global Syngas Market Outlook to 2026

Methanol production is one of the largest industrial applications of syngas, and increasing use of methanol and its derivatives in multiple end-user industries such as automotive, construction, paints, etc. is one of the major driving factors of the market. Due to growing air pollution, methanol consumption as fuel is increasing globally, especially in China, which is the largest producer and consumer of methanol. Furthermore, an increasing number of hydrodesulfurization units that uses hydrogen to remove organic sulfur, nitrogen, and metal compounds from different petroleum fraction is also going to boost the consumption of syngas. High demand for fuel products such as naphtha, kerosene & diesel and growing use of Syngas in ammonia manufacturing which is a key ingredient of fertilizers is further fueling the market growth.

Our Global Syngas Market report provides deep insight into the current and future state of the Syngas market across various regions. Also, the study comprehensively analyzes the syngas market by segmenting based on geography and by feedstock (Coal, Petroleum, Natural Gas and Others (Pet Coke, Biomass, etc.)), by gasifier type (Fixed Bed Gasifier, Fluidized Bed Gasifier, Entrained Flow Gasifier, and Molten Media & Supercritical Gasifier), by manufacturing process (Steam Reforming, Auto-thermal Reforming, Partial Oxidation, Biomass Gasification, and Plasma Gasification) and by application (Petrochemical & Refining Process, Synthetic Fuels, Chemicals (Methanol, Ethanol and Acetic Acid), Fertilizers and Power Generation). The report examines the market drivers and restraints that are influencing the growth in detail. The study also covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape section with profiles of major companies and their market shares and their projects.