Middle East & Africa Syn Gas Market - Segmented by Technology, Feedstock, Gasifier Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536102
  • Report
  • Region: Africa, East Africa, Middle East
  • 100 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Air Liquide
  • Amec Foster Wheeler plc
  • BASF SE
  • BP p.l.c.
  • OXEA GmbH
  • Royal Dutch Shell
  • MORE
The Middle East & African Syn Gas Market is expected to grow at a high rate during the forecast period (2018 - 2023). Saudi Arabia is estimated to lead the market owing to the growing energy consumption and availability of abundant natural gas resources. Power generation is expected to be the largest end-use market.

Abundant Availability of Natural Gas

Natural gas is a major feedstock used to produce Syngas. According to BP PLC, on the global level, the demand for natural gas is expected to grow strongly till 2040, due to broad-based demand, low-cost supply, and expanding export trade. Also, it was stated by the company that natural gas will overtake oil to become the dominant fuel, accounting for around 60% of the total consumption by 2040 in the region. Seamless flow of natural gas from supply basins to demand centers supported by the ongoing increase in production of natural gas has increased the availability of feedstock for production of syngas in the region. This, in turn, is expected to increase the production of syngas in the region.

Power Generation End Use Will Continue to Dominate the Market

Power generation end use will continue to dominate the Middle East & African market for syngas during the forecast period. High level of economic growth and improvement in quality of life in countries such as South Africa, Qatar, Nigeria, and Saudi Arabia, among others, is expected to drive the power generation end use. According to the Arab Petroleum Investments Corporation (APICORP), the total investment in the energy sector in the MENA region is projected at USD 622 billion for the next five years. This increase in investment in the energy sector is expected to increase the power generated from syngas. In addition, increase in demand for uninterrupted power supply for the region's industries and homes is expected to increase the consumption of electricity, which in turn, is expected to drive the syngas market for power generation end use during the forecast period.

Saudi Arabia to Lead the Market

Saudi Arabia is projected to dominate the syngas market during the forecast period, due to the growing energy consumption. Growing industrial activities, coupled with increase in electricity consumption due to rise in population, has increased the production of syngas. In 2015, the Ministry of Energy, Industry, and Mineral Resources stated its plan to move away from oil and instead, add more natural gas and renewable sources to its energy mix. This shift from traditional energy sources to alternative energy during the forecast period is expected to drive the production of syngas in the region.

Major Players: Agrium Inc., BASF SE, BP Global, CF Industries Holdings Inc., and ConocoPhillips Co., among others.

Reasons to Purchase the Report

To understand the impact of end-use on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating technology in the market

Countries expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3 month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you to get a report that suits your needs.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Air Liquide
  • Amec Foster Wheeler plc
  • BASF SE
  • BP p.l.c.
  • OXEA GmbH
  • Royal Dutch Shell
  • MORE
1. Introduction
1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Threat of New Entrants
3.2.2 Threat of Substitute Products and Services
3.2.3 Bargaining Power of Buyers
3.2.4 Bargaining Power of Suppliers
3.2.5 Degree of Competition

4. Market Dynamics
4.1 Drivers
4.1.1 Feedstock Flexibility for Syngas Production
4.1.2 Abundant Availability of Natural Gas
4.2 Restraints
4.2.1 High Capital Investment and Funding Required
4.3 Opportunities
4.3.1 Opportunity to Utilize Biomass and Municipal Waste
4.3.2 Development of Underground Coal Gasification Technology

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By End-user Industry
5.1.1 Power Generation
5.1.2 Chemicals
5.1.2.1 Methanol
5.1.2.2 Ammonia
5.1.2.3 Oxo Chemicals
5.1.2.4 N-butanol
5.1.2.5 Hydrogen
5.1.2.6 Dimethyl Ether
5.1.3 Liquid Fuels
5.1.4 Gaseous fuels
5.2 By Feedstock
5.2.1 Coal
5.2.2 Natural Gas
5.2.3 Petroleum
5.2.4 Petcoke
5.2.5 Biomass
5.3 By Technology
5.3.1 Steam Reforming
5.3.2 Partial Oxidation
5.3.3 Autothermal Reforming
5.3.4 Combined or Two-step Reforming
5.3.5 Biomass Gasification
5.4 By Gasifier Type
5.4.1 Fixed Bed
5.4.2 Entrained Flow
5.4.3 Fluidized Bed

6. Country Market Analysis (Market Size, Growth, and Forecast)
6.1 Saudi Arabia
6.2 South Africa
6.3 Rest of Middle East & Africa

7. Competitive Landscape
7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 Amec Foster Wheeler plc
8.2 BASF SE
8.3 BP p.l.c.
8.4 The Linde Group
8.5 Air Liquide
8.6 OXEA GmbH
8.7 Royal Dutch Shell
8.8 Technip
8.9 Yara
8.10 Pollutek gas analysis bvba
*List not exhaustive

9. Disclaimer
**Subject to availability on public domain
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  • Amec Foster Wheeler plc
  • BASF SE
  • BP p.l.c.
  • The Linde Group
  • Air Liquide
  • OXEA GmbH
  • Royal Dutch Shell
  • Technip
  • Yara
  • Pollutek gas analysis bvb.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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