Forecast the Global Syngas market to grow at a CAGR of 8.54 percent over the period 2013-2018. One of the key factors contributing to this market growth is the flexibility in feedstock for production. The Global Syngas market has also been witnessing increasing investments in R&D.
However, the increase in vendor competition could pose a challenge to the growth of this market. The report, the Global Syngas Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and MEA regions, Europe, North America, and South America; it also covers the Global Syngas market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Complete report of 64 Pages is available @
http://www.sandlerresearch.org/global-syngas-market-2014-2018.html . Key vendors dominating this space are BASF SE, Kellogg, Brown, and Root Inc., Methanex Corp., Royal Dutch Shell plc, and Yara International SA. Other vendors mentioned in the report are Agrium Inc., Air Products and Chemicals Inc., Biomethanol Chemie Nederland B.V., CF Industries Holdings Inc., Chicago Bridge and Iron Co., ConocoPhillips Co., Dow Chemical Co., Foster Wheeler AG, General Electric Co., Haldor Topsoe A/S, KT – Kinetics Technology S.p.A, L’Air Liquide SA, Linc Energy Ltd., Mitsubishi Heavy Industries Ltd., OXEA GmbH, Sasol Ltd., Siemens AG, SynGas Technology LLC, Technip SA, and The Linde Group.
Key questions answered in this report: What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Commenting on the report, an analyst from the team that published this report said: “The Global Syngas market is expected to witness higher consumption from the APAC region during the forecast period. Consumption in the APAC region is expected to be the highest compared to other regions such as North America.
This is primarily due to increase in population leading to a greater demand for fuel and electricity. With thriving economies such as India and China posting high GDP growth rates, the demand for syngas and its chemical derivatives from industries is also expected to increase substantially during the forecast period. Moreover, several vendors are expected to set up production facilities to cater for such demands.” Inquiry Before Buying on this Report @ http://www.sandlerresearch.org/inquire-before-buying?rname=13284 .
According to the report, many drivers are contributing to the growth of the Global Syngas market, the most important of which is the flexibility in feedstock used in the production of syngas. Syngas can be produced from various sources such as coal, petroleum, gas, petcoke, and biomass.
This flexibility in feedstock has contributed to the growth of the market. Further, the report states that one of the major challenges in the market is the high investment cost. Developers of syngas production technology need to invest heavily in R&D for the introduction of a differentiated and cost-effective technology. This has led to increased investment costs for licensees of such technology. The report recognizes the following companies as the key players in Global Syngas Market: BASF SE, Kellogg, Brown, and Root Inc., Methanex Corp., Royal Dutch Shell plc, and Yara International SA.
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