Albany, NY -- (SBWIRE) -- 04/17/2017 -- Gasification is a process that converts carbon material, biomass, or municipal waste into another form of energy or products. It converts solid as well as liquid end-products into gas through a chemical reaction. The process works by combining carbon-based materials, which are known as feedstock. The process involves combining the feedstock with small quantities of oxygen. Thus, during the gasification process, the carbon molecules are broken down into a mixture of carbon monoxide (CO) and hydrogen, which is known as syngas.

The global petcoke gasification market to grow at a CAGR of 16.55% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global petcoke gasification market for 2017-2021. To calculate the market size, the report considers the new installations and planned projects.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Petcoke Gasification Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Air Liquide
- GE Energy
- Royal Dutch Shell
- RWE
- Siemens

Other prominent vendors
- CB&I
- Huaneng Clean Energy Research Institute
- KBR
- KEPCO-Uhde
- Northwest Research Institute of Chemical Industry, Shaanxi
- Sedin
- Synthesis Energy Systems

Market driver
- Increasing refinery margins
- For a full, detailed list, view our report

Market challenge
- High project capital costs
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 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?

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