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Gasification Market Will Grow Worth 208,684 MW by 2019

The demand for gasification as a substitute for clean energy supply is growing constantly with its increased acceptance. The gasification process has found increased application in the municipal sector as well as the industrial sectors of oil and gas, chemicals, power, and others.

 

Pune, India -- (SBWIRE) -- 07/08/2016 -- The report "Gasification Market by Gasifier Type (Moving/Fixed Bed, Fluidized Bed, Entrained & Others), by Feedstock (Biomass/Waste, Coal, Natural Gas & Petroleum), by Application (Chemicals, Liquid Fuels, Power & Gas Fuels) and Geography - Global Trends and Forecasts (2014 - 2019)", defines and segments the global gasification market with an analysis and a forecast of the volume. The gasification market will grow from an estimated capacity of120,764 MW in 2014 to 208,684 MW by 2019 with a CAGR of 11.6% from 2014 to 2019.

Browse 64 market data tables and 48 figures spread through 240 pages and in-depth TOC on "Gasification Market Global Trends and Forecasts (2014 - 2019)".

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Asia-Pacific: The largest market for gasification market

Asia-Pacific holds the largest market volume of gasification with the highest number of gasification activities in chemicals and syngas end-usage in countries like China, India, and Japan, whereas other countries like South Korea, Mongolia, Taiwan, and Vietnam are also growing at a pace faster than Singapore and Malaysia. The demand for energy due to many coal reserves in Asia-Pacific region, along with the choice of feedstock, is major factor for production of syngas and other by-products of gasification in these parts of the globe.

Entrained Flow: Largest market by gasifier type

Entrained flow gasifier (EFG) has been used for various carbonaceous feeds ranging in quality from lignite to petcoke. Syngas has been generated for various applications, including Fischer–Tropsch catalyst testing, pyrolysis, examination of slag formation, hydrogen production, and more. Because of the high temperatures employed in the EFG operation, very little tar or hydrocarbon is generated, and the product gas has been successfully cleaned to non-detectable limits of contaminants such as H2S and particulate.

EFGs have the ability to handle practically any coal feedstock and produce clean, tar-free syngas. In addition, these types of gasifiers are environmentally more benign, and glassy slag is inert and easily disposed.

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