Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Syngas Market by Type (Coal, Petroleum, Natural Gas, Biomass and Waste), By Application (Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Syngas Market by Type (Coal, Petroleum, Natural Gas, Biomass and Waste), By Application (Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139211 3300 Chemical & Material 377 240 Pages 4.9 (47)

Market Overview:

The global syngas market is expected to grow at a CAGR of XX% and reach a value of USD XX million by 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into coal, petroleum, natural gas, biomass and waste. Coal dominates the syngas market with a share of more than 50%. However, its share is declining due to stringent environmental regulations and increasing use of renewable sources such as solar and wind energy. Natural gas is expected to be the fastest-growing segment during the forecast period owing to its growing demand for power generation across the globe. On the basis of application, chemicals account for majority share in terms of revenue followed by power generation.

Global Syngas Industry Outlook

Product Definition:

Syngas is a fuel gas made up of hydrogen and carbon monoxide. It is used as a fuel in industrial processes and to produce synthetic natural gas.


Coal is a fossil fuel, formed from the remains of plant and animal matter that was compressed over millions of years. It is found in large quantities in countries such as Australia, China, India, Indonesia and South Africa. Coal is used to generate electricity globally which has led to its usage on a commercial scale since the 19th century.


Petroleum or crude oil is a black and sticky liquid that comes from the ground up. It contains many different kinds of chemicals, but mostly it's made up of hydrogen and carbon. Crude oil can be used to make many different kinds of things like plastics, rubber, fuel (gasoline), medicines, food products like cooking oils & shortenings; also gasoline and diesel are some products that use crude oil as an ingredient.

Application Insights:

Syngas is used for various applications including chemicals, power generation, liquid and gaseous fuels. The chemicals segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. Chemicals such as fertilizers, pesticides and pharmaceuticals are manufactured using syngas as a feedstock.

The chemical industry in India has been growing significantly owing to increasing demand from domestic consumers along with those in China and Japan. Favorable government policies regarding investments coupled with low-cost labor have also boosted this sector significantly over the past few years.

Power generation was another prominent application of syngas that accounted for a considerable market share in 2017 due to rising demand from industrial users along with residential consumers across several countries including Brazil, China Indonesia Russia Saudi Arabia South Africa Turkey etcetera).

Regional Analysis:

Europe accounted for the largest market share of 42.0% in terms of revenue in 2017, followed by Asia Pacific and North America. The region is expected to dominate the global syngas market over the forecast period owing to increasing focus on reducing carbon footprint along with growing need for energy security and independence from imports.

Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rapid industrialization coupled with rising government initiatives towards economic development. China emerged as a prominent consumer and producer of syngas across this region, which was primarily derived from coal gasification process using waste materials such as fly ash, bottom ash, etc., thereby boosting its demand across various applications including power generation sector.

China’s rapid urbanization has resulted into huge amounts of solid waste being generated every year; however, inadequate infrastructure has hampered its utilization thus far.

Growth Factors:

  • Increasing demand for syngas from the fertilizer and chemical industries as a result of the growing population and rising income levels in developing countries.
  • Proliferation of syngas-based fuel cells as a more efficient and environmentally friendly alternative to traditional combustion-based power generation methods.
  • Growing use of syngas as a feedstock for production of biofuels, which helps reduce greenhouse gas emissions and promote energy security.
  • Rising demand for hydrogen as an industrial input, particularly in the refining sector, due to its role in improving refinery efficiency and reducing emissions intensity.

Scope Of The Report

Report Attributes

Report Details

Report Title

Syngas Market Research Report

By Type

Coal, Petroleum, Natural Gas, Biomass and Waste

By Application

Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels

By Companies

Dow Chemical, BASF, Siemens, KBR, Inc., Haldor Topsoe, Mitsubishi Heavy Industries, Nippon, Oxea GmbH, GE Energy, Methanex, Linc Energy, Chicago Bridge, Iron Company, Royal Dutch Shell

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Syngas Market Report Segments:

The global Syngas market is segmented on the basis of:


Coal, Petroleum, Natural Gas, Biomass and Waste

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Dow Chemical
  2. BASF
  3. Siemens
  4. KBR, Inc.
  5. Haldor Topsoe
  6. Mitsubishi Heavy Industries
  7. Nippon
  8. Oxea GmbH
  9. GE Energy
  10. Methanex
  11. Linc Energy
  12. Chicago Bridge
  13. Iron Company
  14. Royal Dutch Shell

Global Syngas Market Overview

Highlights of The Syngas Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Coal
    2. Petroleum
    3. Natural Gas
    4. Biomass and Waste
  1. By Application:

    1. Chemicals
    2. Power Generation
    3. Liquid Fuels
    4. Gaseous Fuels
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Syngas Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Syngas Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Syngas is a mixture of hydrogen and carbon dioxide that is burned to produce energy.

Some of the major companies in the syngas market are Dow Chemical, BASF, Siemens, KBR, Inc., Haldor Topsoe, Mitsubishi Heavy Industries, Nippon, Oxea GmbH, GE Energy, Methanex, Linc Energy, Chicago Bridge, Iron Company, Royal Dutch Shell.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Syngas Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Syngas Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Syngas Market - Supply Chain
   4.5. Global Syngas Market Forecast
      4.5.1. Syngas Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Syngas Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Syngas Market Absolute $ Opportunity

5. Global Syngas Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Syngas Market Size and Volume Forecast by Type
      5.3.1. Coal
      5.3.2. Petroleum
      5.3.3. Natural Gas
      5.3.4. Biomass and Waste
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Syngas Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Syngas Market Size and Volume Forecast by Application
      6.3.1. Chemicals
      6.3.2. Power Generation
      6.3.3. Liquid Fuels
      6.3.4. Gaseous Fuels
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Syngas Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Syngas Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Syngas Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Syngas Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Syngas Demand Share Forecast, 2019-2029

9. North America Syngas Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Syngas Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Syngas Market Size and Volume Forecast by Application
      9.4.1. Chemicals
      9.4.2. Power Generation
      9.4.3. Liquid Fuels
      9.4.4. Gaseous Fuels
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Syngas Market Size and Volume Forecast by Type
      9.7.1. Coal
      9.7.2. Petroleum
      9.7.3. Natural Gas
      9.7.4. Biomass and Waste
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Syngas Demand Share Forecast, 2019-2029

10. Latin America Syngas Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Syngas Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Syngas Market Size and Volume Forecast by Application
      10.4.1. Chemicals
      10.4.2. Power Generation
      10.4.3. Liquid Fuels
      10.4.4. Gaseous Fuels
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Syngas Market Size and Volume Forecast by Type
      10.7.1. Coal
      10.7.2. Petroleum
      10.7.3. Natural Gas
      10.7.4. Biomass and Waste
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Syngas Demand Share Forecast, 2019-2029

11. Europe Syngas Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Syngas Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Syngas Market Size and Volume Forecast by Application
      11.4.1. Chemicals
      11.4.2. Power Generation
      11.4.3. Liquid Fuels
      11.4.4. Gaseous Fuels
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Syngas Market Size and Volume Forecast by Type
      11.7.1. Coal
      11.7.2. Petroleum
      11.7.3. Natural Gas
      11.7.4. Biomass and Waste
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Syngas Demand Share, 2019-2029

12. Asia Pacific Syngas Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Syngas Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Syngas Market Size and Volume Forecast by Application
      12.4.1. Chemicals
      12.4.2. Power Generation
      12.4.3. Liquid Fuels
      12.4.4. Gaseous Fuels
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Syngas Market Size and Volume Forecast by Type
      12.7.1. Coal
      12.7.2. Petroleum
      12.7.3. Natural Gas
      12.7.4. Biomass and Waste
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Syngas Demand Share, 2019-2029

13. Middle East & Africa Syngas Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Syngas Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Syngas Market Size and Volume Forecast by Application
      13.4.1. Chemicals
      13.4.2. Power Generation
      13.4.3. Liquid Fuels
      13.4.4. Gaseous Fuels
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Syngas Market Size and Volume Forecast by Type
      13.7.1. Coal
      13.7.2. Petroleum
      13.7.3. Natural Gas
      13.7.4. Biomass and Waste
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Syngas Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Syngas Market: Market Share Analysis
   14.2. Syngas Distributors and Customers
   14.3. Syngas Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Dow Chemical Overview Financials Developments Strategic Outlook
      14.4.2. BASF Overview Financials Developments Strategic Outlook
      14.4.3. Siemens Overview Financials Developments Strategic Outlook
      14.4.4. KBR, Inc. Overview Financials Developments Strategic Outlook
      14.4.5. Haldor Topsoe Overview Financials Developments Strategic Outlook
      14.4.6. Mitsubishi Heavy Industries Overview Financials Developments Strategic Outlook
      14.4.7. Nippon Overview Financials Developments Strategic Outlook
      14.4.8. Oxea GmbH Overview Financials Developments Strategic Outlook
      14.4.9. GE Energy Overview Financials Developments Strategic Outlook
      14.4.10. Methanex Overview Financials Developments Strategic Outlook
      14.4.11. Linc Energy Overview Financials Developments Strategic Outlook
      14.4.12. Chicago Bridge Overview Financials Developments Strategic Outlook
      14.4.13. Iron Company Overview Financials Developments Strategic Outlook
      14.4.14. Royal Dutch Shell Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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