Albany, NY -- (SBWIRE) -- 01/31/2017 -- The global gasifier market has emerged as a revolutionary pool of the providers of crucial chemical production and energy conservation products and technologies. The international market for gasifiers has witnessed strong growth as the need for energy in the form of electricity is augmenting at a considerable rate. Gasifiers are connected to a power grid spread across a larger space to supply electrical as well as thermal energy, especially in countryside areas, at various magnitudes, viz. small, medium, and large.

On the basis of the type of device, gasifiers can be graded as large gasifiers and small gasifiers, each of which exhibit different capabilities and find different usages in various sectors. Some of these devices are significantly large whereas others are significantly small in size. For instance, remotely located rural areas employ stove-sized gasifiers for cooking purpose, whereas heavy industries or refineries using low-quality coal require very large gasifiers, such as integrated gasification and combined cycle (IGCC) and base load power plant, to suffice their powering need.

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With such indispensable factors in position, the global gasifier market is expected to see a continuing rise in the near future.

Global Gasifier Market: Trends and Prospects

The health risks associated with a massive amount of waste generated on a regular basis in populated nations has increased the need to deploy gasifiers. The primary reason for this growing demand for gasifiers is their unique functionality in effectively dealing with waste. These special devices also find usage in efficient coal gasification, waste disposal, and most importantly, biomass gasification. Another vital usage of gasifiers is controlling the quantity of feedstock waste following the process of gasification when producing syngas. Waste can be used as feedstock during the waste gasification process for efficient production of electricity or synthetic fuels.

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Gasification technologies such as IGCC can be installed to ensure that the approach of clean coal is taken to control industrial emissions and carbon tax. They have been developed as a crucial means of generating power while doing away with health and environmental issues. Besides this, an industrial plant can improve its operational efficiency and reduce costs to some extent by producing more than one product, other than electricity, through gasification.

Global Gasifier Market: Outline of Prime Segments

The process of gasification incorporates a broad scope of activities, which make them useful in different applications. In this regard, the global gasifier market can be segmented into stainless steel industries involving the heat treatment of furnaces, substitute for petro-fuel in industrial kilns, lime kilns, galvanizing industries, hot air generators, thermal applications, and power production using dual-fuel application.

Depending on the industrial plant configuration, a specific type of gasifier can be installed. The product type categorization of the global gasifier market includes three major segments, viz. fixed bed, fluidized bed, and entrained flow gasifier.

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In terms of end-user, the global gasifier market exhibits five vital segments, which are chemical industry, fertilizer industry, power industry, liquid fuel industry, and gaseous fuel industry.

Global Gasifier Market: Companies Covered under the Report

Vulcan Gasifier, Dakota Gasification Company, Gasifier Manufacturing, LLC, PRM Energy Systems, Inc., Phoenix BioEnergy LLC, Borgford BioEnergy LLC, PHG Energy, and Enginuity Energy LLC are expected to dominate the global gasifier market as major players. Other firms that are anticipated to make a mark with the gasification technology include Zeropoint, GE Energy, GASEK, Gasification Technologies Ltd., Plasma Gasification, Taiyuan Coal Gasification, and Nexterra.

The study presents reliable qualitative and quantitative insights into:

Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Key trends/opportunities/challenges
Forces defining present and estimated future state of the competitive landscape
Technological developments
Value chain and stakeholder analysis

The regional analysis covers:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

A detailed analysis of key segments of the market
Recent developments in the market's competitive landscape
Detailed analysis of market segments up to second or third level of segmentation
Historical, current, and projected future valuation of the market in terms of revenue and/or volume
Key business strategies adopted by influential market vendors
Outline of the regulatory framework surrounding and governing numerous aspects of the market
Growth opportunities in emerging and established markets
Recommendations to market players to stay ahead of the competition