Coal Gasification Market to Surpass $11.08 Billion in 2023, Driven by Growing Global Energy Demand


Dublin, Nov. 08, 2023 (GLOBE NEWSWIRE) -- The "Coal Gasification Market Report 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Overall world revenue for Coal Gasification Market, 2023 to 2033 in terms of value will surpass US$11.08 billion in 2023. The author predicts strong revenue growth through to 2033. The work identifies which organisations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

The Growing Global Demand for Energy Is a Significant Driving Factor for the Coal Gasification Market

he growing global demand for energy is a significant driving factor for the coal gasification market. As countries seek to meet their energy needs, coal gasification offers a reliable and efficient method for converting coal into clean-burning syngas. Rapid industrialization in emerging economies like China and India has led to a surge in energy consumption. Coal gasification provides an opportunity to utilize abundant coal reserves to meet the rising energy demand.

Stricter Environmental Regulations and the Need to Reduce Greenhouse Gas Emissions

Stricter environmental regulations and the need to reduce greenhouse gas emissions are driving the adoption of cleaner energy sources. Coal gasification helps mitigate environmental concerns by enabling the capture and utilization of carbon dioxide (CO2) emissions. Countries like the United States and China have implemented regulations to curb emissions. Coal gasification technologies such as carbon capture and storage (CCS) or carbon capture, utilization, and storage (CCUS) can capture CO2 and reduce its impact on the environment.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the coal gasification market evolving?
  • What is driving and restraining the coal gasification market?
  • How will each coal gasification submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
  • How will the market shares for each coal gasification submarket develop from 2023 to 2033?
  • What will be the main driver for the overall market from 2023 to 2033?
  • Will leading coal gasification markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the coal gasification projects for these leading companies?
  • How will the industry evolve during the period between 2023 and 2033? What are the implications of coal gasification projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the coal gasification market?
  • Where is the coal gasification market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the coal gasification market today, and over the next 10 years:

  • This 333-page report provides 119 tables and 191 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Segments Covered in the Report

Market Segment by Gasifier Type

  • Moving Bed Gasifier
  • Fluidized Bed Gasifier
  • Entrained Flow Gasifier

Market Segment by End-User

  • Chemicals
  • Power Generation
  • Liquid Fuels
  • Other End-User

Market Segment by Feedstock

  • Bituminous Coal
  • Sub-bituminous Coal
  • Petroleum Coke
  • Biomass
  • Other Feedstock

Market Segment by Technology

  • Integrated Gasification Combined Cycle (IGCC)
  • Chemical Looping Gasification (CLG)
  • Hydrogen from Coal Process (HyCO)
  • Coal-to-Liquids (CTL)
  • Polygeneration
  • Other Technologies

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • Russia
  • United Kingdom
  • France
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

The report also includes profiles and for some of the leading companies in the Coal Gasification Market, 2023 to 2033, with a focus on this segment of these companies' operations.

Leading companies and the potential for market growth

  • Air Liquide
  • CTCI Corporation
  • Foster Wheeler AG
  • General Electric Company
  • KBR, Inc.
  • Linc Energy Ltd.
  • Linde plc
  • Mitsubishi Heavy Industries Ltd
  • Royal Dutch Shell Plc.
  • Sasol Limited
  • Sedin Engineering Co Ltd
  • Shanxi Lu'an Mining Group Co., Ltd.
  • Siemens AG
  • Wison Group
  • Xinwen Mining Group Co. Ltd

For more information about this report visit https://www.researchandmarkets.com/r/pefkrq

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