Deerfield Beach, FL -- (SBWIRE) -- 09/03/2015 -- Global Gasification Market to grow at a CAGR of 13.1% over the period 2014-2019. Gasification is a thermochemical process that converts hydrocarbons such as coal, petroleum, petcoke, natural gas, and biomass into simple molecules, primarily resulting in a mixture called syngas (carbon monoxide and hydrogen) by means of partial oxidation with air, oxygen, or steam. The key advantage of gasification is its ability to perform in various designs having a reduced environmental footprint as compared to combustion technologies. There are several gasifier designs and operating conditions. The most vital component of the gasification process is the gasifier, a vessel in which the feedstock reacts with air or oxygen at high temperatures. The carbon monoxide and hydrogen ratio depends on the hydrogen and carbon content of the feedstock and the type of gasifier.

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Covered in this Report

Global Gasification Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Gasification market landscape and its growth prospects in the coming years. The report also includes the segmentation of the Global Gasification market by feedstock as well as geographical segmentation. The report includes a discussion of the key vendors operating in this market.

Key Vendors

Air Liquide
GE
Mitsubishi Heavy Industries
Royal Dutch Shell
Siemens Energy

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Other Prominent Vendors

CB&I
Sedin Engineering Company
Synthesis Energy Systems
Thyssenkrupp

Market Driver

Rise in Demand for Energy
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Market Challenge

High Upfront Cost
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Market Trend

Increased Adoption of UCG
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