According to a new report published by Allied Market Research, titled, "Global Gasification Market," The global gasification market was valued at $472.20 billion in 2022, and is estimated to reach $836.6 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032. Gasification is a process that converts carbonaceous materials, such as coal, biomass, or municipal solid waste, into a gaseous fuel called syngas (synthetic gas). It involves heating the feedstock at high temperatures in an oxygen-limited environment, resulting in the partial oxidation of the material. During gasification, the carbonaceous material reacts with a controlled amount of oxygen or steam, producing a mixture of gases composed mainly of carbon monoxide (CO), hydrogen (H2), carbon dioxide (CO2), methane (CH4), and other trace gases. The ratio of oxygen to carbon is carefully regulated to achieve the desired composition of the syngas.

Ongoing R&D activities are driving technological advancements in gasification. Improvements in process efficiency, feedstock flexibility, gas cleaning, and carbon capture technologies are making gasification more economically viable and environmentally sustainable. Advancements in gasification also enable the integration with other renewable energy sources, such as solar and wind, to create hybrid energy systems. Numerous governments are implementing policies, rules, and financial incentives into place to support clean energy technologies and lower greenhouse gas emissions. This assistance includes money for R&D, tax breaks, grants, and subsidies for gasification projects. These government programs create a positive business situation and encourage financial investments in the gasification market.
Gasification technology is complex and requires sophisticated equipment and processes. There are technical challenges involved in effectively handling and converting different feedstocks, ensuring gas quality, managing by-products such as ash and slag, and addressing operational issues like equipment maintenance and reliability. Overcoming these technical challenges can be time-consuming and resource-intensive.
An increasing understanding of sustainability and environmental awareness has led to an increase in interest in gasification as a clean energy replacement. Gasification techniques are being used in production and manufacturing facilities due to increased industrialization and the expanding electrical, chemical, and oil & gas sectors. The demand for biomass gasification in the municipal sector is quickly rising due to the widespread use of gasification for waste disposal and the recycling of complex compost.
The COVID-19 pandemic had significant impact on the market for gasification. The pandemic caused disruptions in project development activities due to lockdowns, travel restrictions, and supply chain disruptions. Construction activities, equipment procurement, and site inspections were delayed or halted, affecting the progress of gasification projects. The pandemic created economic uncertainty, which impacted investment decisions and financing availability for gasification projects.
The key players profiled in this report include: Royal Dutch Shell, Air Liquide, General Electric, Mitsubishi Heavy Industries, SEDIN Engineering Company Limited, Siemens, CB&I, KBR, Thyssenkrupp AG and Synthesis Energy Systems Inc. The market players are continuously striving to achieve an upper hand in this competitive market using strategies such as collaborations and acquisitions.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global gasification market analysis from 2022 to 2032 to identify the prevailing global gasification market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the global gasification market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global global gasification market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Gasifier Medium
By Application
- Electricity
- Chemicals
- Fertilizers
- Liquid Fuels
- Synthetic Natural Gas (SNG)
- Hydrogen
By Type
- Fixed Bed
- Fluidized Bed
- Entrained Flow
By Feedstock
- Biomass
- Waste
- Coal
- Petroleum
- Gas
- Petcoke
By Feed Type
By Region
- North America
- Europe
- Germany
- UK
- France
- Netherlands
- Austria
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- UAE
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Air Liquide
- CB&I
- General Electric
- KBR Inc.
- Mitsubishi Heavy Industries
- SEDIN Engineering Company Limited
- Shell Plc.
- Siemens
- Synthesis Energy Systems Inc.
- ThyssenKrupp AG.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Brand Share Analysis
- 3.7. Key Regulation Analysis
- 3.8. Market Share Analysis
- 3.9. Patent Landscape
- 3.10. Regulatory Guidelines
- 3.11. Value Chain Analysis
CHAPTER 4: GASIFICATION MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Fixed Bed
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Fluidized Bed
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Entrained Flow
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: GASIFICATION MARKET, BY FEEDSTOCK
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Coal
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Petroleum
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Gas
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Petcoke
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Biomass
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Waste
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
CHAPTER 6: GASIFICATION MARKET, BY FEED TYPE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Dry
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Slurry
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: GASIFICATION MARKET, BY GASIFIER MEDIUM
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Air
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Oxygen
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Vapor
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
CHAPTER 8: GASIFICATION MARKET, BY APPLICATION
- 8.1. Overview
- 8.1.1. Market size and forecast
- 8.2. Electricity
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by region
- 8.2.3. Market share analysis by country
- 8.3. Chemicals
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by region
- 8.3.3. Market share analysis by country
- 8.4. Fertilizers
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by region
- 8.4.3. Market share analysis by country
- 8.5. Liquid Fuels
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by region
- 8.5.3. Market share analysis by country
- 8.6. Synthetic Natural Gas (SNG)
- 8.6.1. Key market trends, growth factors and opportunities
- 8.6.2. Market size and forecast, by region
- 8.6.3. Market share analysis by country
- 8.7. Hydrogen
- 8.7.1. Key market trends, growth factors and opportunities
- 8.7.2. Market size and forecast, by region
- 8.7.3. Market share analysis by country
CHAPTER 9: GASIFICATION MARKET, BY REGION
- 9.1. Overview
- 9.1.1. Market size and forecast By Region
- 9.2. North America
- 9.2.1. Key trends and opportunities
- 9.2.2. Market size and forecast, by Type
- 9.2.3. Market size and forecast, by Feedstock
- 9.2.4. Market size and forecast, by Feed Type
- 9.2.5. Market size and forecast, by Gasifier Medium
- 9.2.6. Market size and forecast, by Application
- 9.2.7. Market size and forecast, by country
- 9.2.7.1. U.S.
- 9.2.7.1.1. Key market trends, growth factors and opportunities
- 9.2.7.1.2. Market size and forecast, by Type
- 9.2.7.1.3. Market size and forecast, by Feedstock
- 9.2.7.1.4. Market size and forecast, by Feed Type
- 9.2.7.1.5. Market size and forecast, by Gasifier Medium
- 9.2.7.1.6. Market size and forecast, by Application
- 9.2.7.2. Canada
- 9.2.7.2.1. Key market trends, growth factors and opportunities
- 9.2.7.2.2. Market size and forecast, by Type
- 9.2.7.2.3. Market size and forecast, by Feedstock
- 9.2.7.2.4. Market size and forecast, by Feed Type
- 9.2.7.2.5. Market size and forecast, by Gasifier Medium
- 9.2.7.2.6. Market size and forecast, by Application
- 9.2.7.3. Mexico
- 9.2.7.3.1. Key market trends, growth factors and opportunities
- 9.2.7.3.2. Market size and forecast, by Type
- 9.2.7.3.3. Market size and forecast, by Feedstock
- 9.2.7.3.4. Market size and forecast, by Feed Type
- 9.2.7.3.5. Market size and forecast, by Gasifier Medium
- 9.2.7.3.6. Market size and forecast, by Application
- 9.3. Europe
- 9.3.1. Key trends and opportunities
- 9.3.2. Market size and forecast, by Type
- 9.3.3. Market size and forecast, by Feedstock
- 9.3.4. Market size and forecast, by Feed Type
- 9.3.5. Market size and forecast, by Gasifier Medium
- 9.3.6. Market size and forecast, by Application
- 9.3.7. Market size and forecast, by country
- 9.3.7.1. Germany
- 9.3.7.1.1. Key market trends, growth factors and opportunities
- 9.3.7.1.2. Market size and forecast, by Type
- 9.3.7.1.3. Market size and forecast, by Feedstock
- 9.3.7.1.4. Market size and forecast, by Feed Type
- 9.3.7.1.5. Market size and forecast, by Gasifier Medium
- 9.3.7.1.6. Market size and forecast, by Application
- 9.3.7.2. UK
- 9.3.7.2.1. Key market trends, growth factors and opportunities
- 9.3.7.2.2. Market size and forecast, by Type
- 9.3.7.2.3. Market size and forecast, by Feedstock
- 9.3.7.2.4. Market size and forecast, by Feed Type
- 9.3.7.2.5. Market size and forecast, by Gasifier Medium
- 9.3.7.2.6. Market size and forecast, by Application
- 9.3.7.3. France
- 9.3.7.3.1. Key market trends, growth factors and opportunities
- 9.3.7.3.2. Market size and forecast, by Type
- 9.3.7.3.3. Market size and forecast, by Feedstock
- 9.3.7.3.4. Market size and forecast, by Feed Type
- 9.3.7.3.5. Market size and forecast, by Gasifier Medium
- 9.3.7.3.6. Market size and forecast, by Application
- 9.3.7.4. Netherlands
- 9.3.7.4.1. Key market trends, growth factors and opportunities
- 9.3.7.4.2. Market size and forecast, by Type
- 9.3.7.4.3. Market size and forecast, by Feedstock
- 9.3.7.4.4. Market size and forecast, by Feed Type
- 9.3.7.4.5. Market size and forecast, by Gasifier Medium
- 9.3.7.4.6. Market size and forecast, by Application
- 9.3.7.5. Austria
- 9.3.7.5.1. Key market trends, growth factors and opportunities
- 9.3.7.5.2. Market size and forecast, by Type
- 9.3.7.5.3. Market size and forecast, by Feedstock
- 9.3.7.5.4. Market size and forecast, by Feed Type
- 9.3.7.5.5. Market size and forecast, by Gasifier Medium
- 9.3.7.5.6. Market size and forecast, by Application
- 9.3.7.6. Rest of Europe
- 9.3.7.6.1. Key market trends, growth factors and opportunities
- 9.3.7.6.2. Market size and forecast, by Type
- 9.3.7.6.3. Market size and forecast, by Feedstock
- 9.3.7.6.4. Market size and forecast, by Feed Type
- 9.3.7.6.5. Market size and forecast, by Gasifier Medium
- 9.3.7.6.6. Market size and forecast, by Application
- 9.4. Asia-Pacific
- 9.4.1. Key trends and opportunities
- 9.4.2. Market size and forecast, by Type
- 9.4.3. Market size and forecast, by Feedstock
- 9.4.4. Market size and forecast, by Feed Type
- 9.4.5. Market size and forecast, by Gasifier Medium
- 9.4.6. Market size and forecast, by Application
- 9.4.7. Market size and forecast, by country
- 9.4.7.1. China
- 9.4.7.1.1. Key market trends, growth factors and opportunities
- 9.4.7.1.2. Market size and forecast, by Type
- 9.4.7.1.3. Market size and forecast, by Feedstock
- 9.4.7.1.4. Market size and forecast, by Feed Type
- 9.4.7.1.5. Market size and forecast, by Gasifier Medium
- 9.4.7.1.6. Market size and forecast, by Application
- 9.4.7.2. Japan
- 9.4.7.2.1. Key market trends, growth factors and opportunities
- 9.4.7.2.2. Market size and forecast, by Type
- 9.4.7.2.3. Market size and forecast, by Feedstock
- 9.4.7.2.4. Market size and forecast, by Feed Type
- 9.4.7.2.5. Market size and forecast, by Gasifier Medium
- 9.4.7.2.6. Market size and forecast, by Application
- 9.4.7.3. India
- 9.4.7.3.1. Key market trends, growth factors and opportunities
- 9.4.7.3.2. Market size and forecast, by Type
- 9.4.7.3.3. Market size and forecast, by Feedstock
- 9.4.7.3.4. Market size and forecast, by Feed Type
- 9.4.7.3.5. Market size and forecast, by Gasifier Medium
- 9.4.7.3.6. Market size and forecast, by Application
- 9.4.7.4. South Korea
- 9.4.7.4.1. Key market trends, growth factors and opportunities
- 9.4.7.4.2. Market size and forecast, by Type
- 9.4.7.4.3. Market size and forecast, by Feedstock
- 9.4.7.4.4. Market size and forecast, by Feed Type
- 9.4.7.4.5. Market size and forecast, by Gasifier Medium
- 9.4.7.4.6. Market size and forecast, by Application
- 9.4.7.5. Australia
- 9.4.7.5.1. Key market trends, growth factors and opportunities
- 9.4.7.5.2. Market size and forecast, by Type
- 9.4.7.5.3. Market size and forecast, by Feedstock
- 9.4.7.5.4. Market size and forecast, by Feed Type
- 9.4.7.5.5. Market size and forecast, by Gasifier Medium
- 9.4.7.5.6. Market size and forecast, by Application
- 9.4.7.6. Rest of Asia-Pacific
- 9.4.7.6.1. Key market trends, growth factors and opportunities
- 9.4.7.6.2. Market size and forecast, by Type
- 9.4.7.6.3. Market size and forecast, by Feedstock
- 9.4.7.6.4. Market size and forecast, by Feed Type
- 9.4.7.6.5. Market size and forecast, by Gasifier Medium
- 9.4.7.6.6. Market size and forecast, by Application
- 9.5. LAMEA
- 9.5.1. Key trends and opportunities
- 9.5.2. Market size and forecast, by Type
- 9.5.3. Market size and forecast, by Feedstock
- 9.5.4. Market size and forecast, by Feed Type
- 9.5.5. Market size and forecast, by Gasifier Medium
- 9.5.6. Market size and forecast, by Application
- 9.5.7. Market size and forecast, by country
- 9.5.7.1. Brazil
- 9.5.7.1.1. Key market trends, growth factors and opportunities
- 9.5.7.1.2. Market size and forecast, by Type
- 9.5.7.1.3. Market size and forecast, by Feedstock
- 9.5.7.1.4. Market size and forecast, by Feed Type
- 9.5.7.1.5. Market size and forecast, by Gasifier Medium
- 9.5.7.1.6. Market size and forecast, by Application
- 9.5.7.2. UAE
- 9.5.7.2.1. Key market trends, growth factors and opportunities
- 9.5.7.2.2. Market size and forecast, by Type
- 9.5.7.2.3. Market size and forecast, by Feedstock
- 9.5.7.2.4. Market size and forecast, by Feed Type
- 9.5.7.2.5. Market size and forecast, by Gasifier Medium
- 9.5.7.2.6. Market size and forecast, by Application
- 9.5.7.3. Saudi Arabia
- 9.5.7.3.1. Key market trends, growth factors and opportunities
- 9.5.7.3.2. Market size and forecast, by Type
- 9.5.7.3.3. Market size and forecast, by Feedstock
- 9.5.7.3.4. Market size and forecast, by Feed Type
- 9.5.7.3.5. Market size and forecast, by Gasifier Medium
- 9.5.7.3.6. Market size and forecast, by Application
- 9.5.7.4. South Africa
- 9.5.7.4.1. Key market trends, growth factors and opportunities
- 9.5.7.4.2. Market size and forecast, by Type
- 9.5.7.4.3. Market size and forecast, by Feedstock
- 9.5.7.4.4. Market size and forecast, by Feed Type
- 9.5.7.4.5. Market size and forecast, by Gasifier Medium
- 9.5.7.4.6. Market size and forecast, by Application
- 9.5.7.5. Rest of LAMEA
- 9.5.7.5.1. Key market trends, growth factors and opportunities
- 9.5.7.5.2. Market size and forecast, by Type
- 9.5.7.5.3. Market size and forecast, by Feedstock
- 9.5.7.5.4. Market size and forecast, by Feed Type
- 9.5.7.5.5. Market size and forecast, by Gasifier Medium
- 9.5.7.5.6. Market size and forecast, by Application
CHAPTER 10: COMPETITIVE LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Top player positioning, 2022
CHAPTER 11: COMPANY PROFILES
- 11.1. Shell Plc.
- 11.1.1. Company overview
- 11.1.2. Key Executives
- 11.1.3. Company snapshot
- 11.2. Air Liquide
- 11.2.1. Company overview
- 11.2.2. Key Executives
- 11.2.3. Company snapshot
- 11.3. General Electric
- 11.3.1. Company overview
- 11.3.2. Key Executives
- 11.3.3. Company snapshot
- 11.4. Mitsubishi Heavy Industries
- 11.4.1. Company overview
- 11.4.2. Key Executives
- 11.4.3. Company snapshot
- 11.5. SEDIN Engineering Company Limited
- 11.5.1. Company overview
- 11.5.2. Key Executives
- 11.5.3. Company snapshot
- 11.6. ThyssenKrupp AG.
- 11.6.1. Company overview
- 11.6.2. Key Executives
- 11.6.3. Company snapshot
- 11.7. Siemens
- 11.7.1. Company overview
- 11.7.2. Key Executives
- 11.7.3. Company snapshot
- 11.8. CB&I
- 11.8.1. Company overview
- 11.8.2. Key Executives
- 11.8.3. Company snapshot
- 11.9. KBR Inc.
- 11.9.1. Company overview
- 11.9.2. Key Executives
- 11.9.3. Company snapshot
- 11.10. Synthesis Energy Systems Inc.
- 11.10.1. Company overview
- 11.10.2. Key Executives
- 11.10.3. Company snapshot