• About us
  • Contact Us
  • Submit a Press Release
Thursday, February 9, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
South-Africana
No Result
View All Result
Submit PR
  • AFRICA
    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

  • Botswana

    Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com

    Scatec refinances US$100 million facility – PV-Tech

    Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

    Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture – Forbes

  • Eswatini

    Ngoma over the moon with spa and restaurant business – Caj News Africa

    Why Russia Is Failing To Gain Influence In Africa – Yahoo Finance

    Eswatini: Everything for patients – ZAWYA

    Combating the water crisis in Eswatini in southern Africa – Church News

  • Lesotho

    Meet the female cycling addicts – Business Daily

    Lesotho Increases Fruit Production – ZAWYA

    South Africa: President Ramaphosa encouraged by progress achieved in the Kingdom of Lesotho – ZAWYA

    Movers & Shakers: Five promotions at Health and Aged Care – The Mandarin

  • Namibia

    Local mining sector to showcase investment opportunities at SA … – Namibia Economist

    Osino receives offers to finance Twin Hills – Namibian

    /Ae//Gams Festival set for April – Participation applications now open – Namibia Economist

    Zooming in on Polycystic ovary syndrome – Namibia Economist

  • South Africa

    South Africa's biggest retailer is offering all-inclusive bursaries for … – BusinessTech

    EMERGING MARKETS-Turkey's lira hits fresh low; Sino-U.S. tensions weigh on China shares – Yahoo Finance

    South Africa’s biggest retailer is offering all-inclusive bursaries for 2023 – here’s how to apply – BusinessTech

    Lesotho, South Africa discuss issues of Mutual Interest – African Business

    Big changes for food labels in South Africa – including sugar warnings and an end to ‘super-food’ – BusinessTech

    Discount retailer Pepkor first quarter sales up 6.5% on store expansion

    Trending Tags

    • Press releases

      UHT Processing Market Statistics, Growth, Trends & Forecasts

      Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

      Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

      Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

      Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

      Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

      Data Center Power Market Projected to Gain $26.1 billion by 2025

      Low VOC Adhesives Market worth $63.3 billion by 2026

      Low VOC Adhesives Market worth $63.3 billion by 2026

      Trending Tags

      • AFRICA
        Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

        Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

        Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

        Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

        Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

        Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

        The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

        Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

      • Botswana

        Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com

        Scatec refinances US$100 million facility – PV-Tech

        Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

        Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture – Forbes

      • Eswatini

        Ngoma over the moon with spa and restaurant business – Caj News Africa

        Why Russia Is Failing To Gain Influence In Africa – Yahoo Finance

        Eswatini: Everything for patients – ZAWYA

        Combating the water crisis in Eswatini in southern Africa – Church News

      • Lesotho

        Meet the female cycling addicts – Business Daily

        Lesotho Increases Fruit Production – ZAWYA

        South Africa: President Ramaphosa encouraged by progress achieved in the Kingdom of Lesotho – ZAWYA

        Movers & Shakers: Five promotions at Health and Aged Care – The Mandarin

      • Namibia

        Local mining sector to showcase investment opportunities at SA … – Namibia Economist

        Osino receives offers to finance Twin Hills – Namibian

        /Ae//Gams Festival set for April – Participation applications now open – Namibia Economist

        Zooming in on Polycystic ovary syndrome – Namibia Economist

      • South Africa

        South Africa's biggest retailer is offering all-inclusive bursaries for … – BusinessTech

        EMERGING MARKETS-Turkey's lira hits fresh low; Sino-U.S. tensions weigh on China shares – Yahoo Finance

        South Africa’s biggest retailer is offering all-inclusive bursaries for 2023 – here’s how to apply – BusinessTech

        Lesotho, South Africa discuss issues of Mutual Interest – African Business

        Big changes for food labels in South Africa – including sugar warnings and an end to ‘super-food’ – BusinessTech

        Discount retailer Pepkor first quarter sales up 6.5% on store expansion

        Trending Tags

        • Press releases

          UHT Processing Market Statistics, Growth, Trends & Forecasts

          Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

          Data Center Power Market Projected to Gain $26.1 billion by 2025

          Low VOC Adhesives Market worth $63.3 billion by 2026

          Low VOC Adhesives Market worth $63.3 billion by 2026

          Trending Tags

          Submit PR
          No Result
          View All Result
          South-africana
          Submit PR
          Home Press Releases

          Syngas Market Size Forecast to Reach $61.9 Billion by 2026

          admin by admin
          February 13, 2022
          in Press Releases
          Share on FacebookShare on Twitter


          (EMAILWIRE.COM, February 13, 2022 ) Syngas Market size is forecast to reach US$61.9 billion by 2026, after growing at a CAGR of 5.8% during 2021-2026. Syngas is a gaseous mix consisting primarily of hydrogen and carbon monoxide, which is generated from coal gasification, fluidized bed gasifier, steam reforming, and others. It can be used to fabricated chemicals such as ammonia, butanol, methanol, acetic acid, and dimethyl ether. Ammonia is generally utilized by the fertilizer segment, and methanol, dimethyl carbonate and ether can be used as fuel. The competence of syngas to be formed from a widespread variety of feedstock such as coal, synthetic natural gas, biomass and petroleum coke is impacting the market growth constructively. Uprising environmental concerns have been the foremost drivers for the growth of the syngas market in order to afford alternative methods of fuel production.

          COVID-19 Impact

          The syngas market was adversely impacted by COVID-19 in 2020. Syngas is mainly consumed by end-user industries such as chemicals, oil and gas, automotive and others. Considering the pandemic situation, the chemical industrialized divisions were on a momentary halt, consequently led to a shrinkage in the demand for the syngas. Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of Syngas related industries has been negatively affected, thus hampering the growth of the market. However, the demand for ammonia as an excipient from the pharmaceutical industry has boosted during this pandemic as per the demand.

          Syngas Market Segment Analysis – By Feedstock

          Coal segment held the largest share of 37% in the Syngas Market in 2020. Coal is primarily used as a fuel. The production of syngas, a mixture consisting primarily of carbon monoxide, carbon dioxide, hydrogen, natural gas, and water vapor from coal and water, and oxygen is majorly achieved by the gasification of coal. Coal formulates a rich energy resource and utilizing its energy requires a greener and cleaner approach. This is likely to initiate research for widening efficient and eco-friendly coal technologies. The high availability of coal for energy production and the excellent compatibility of the feedstock with various syngas production technologies further drives the growth of the coal segment in the syngas market.

          Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=502912

          Report Price: $ 4500 (Single User License)

          Syngas Market Segment Analysis – By Gasification

          Fluidized Gasifiers segment held the largest share in the Syngas Market in 2020. This segment holds the largest share in the syngas market as they are best suited to relatively reactive coals, low rank coals, and other fuels such as biomass. These gasifiers engage back-mixing, and effectively admix feed coal elements with coal particles previously enduring gasification. It is normally use to sustain fluidization, or suspension of coal particles within the gasifier, coal of small particles sizes. The decent fluidized bed devices present a carbon conversion of 97% and in contrast, both entrained-flow and moving-beds processes offer about 99%. The requirement for fluidized gasifiers as an alternative for clean energy supply is increasing continuously with its increased approval in the industrial sectors of oil and gas, chemicals, power, and others. Due to its properties like fuel flexibility and oxidant to certify effective heat and mass transfer, and their aptitude to deal with small particles the demands are escalation in the end-use industries which enhance the growth of syngas market.

          Syngas Market Segment Analysis – By Application

          Fuel segment held the largest share in the Syngas Market in 2020. The demand for syngas is rapidly increasing mostly in liquid fuel, gaseous fuel, and hydrogen-based electricity. Fuel is produced from syngas as it is obtained from waste materials which would otherwise be thrown away. Ethanol is obtained from syngas which is currently use as biofuel which help reduce greenhouse gas effects and lower domestic dependence on foreign petroleum. Syngas can be used to produce hydrogen, has the potential to be efficient as a fuel source. Hydrogen-based electricity produce no carbon or any harmful byproducts to the atmosphere. Syngas is also use as an intermediate to produce other chemicals. It also extends potential for greenhouse gas emissions in challenging activities, thereby offering significant life cycle reductions as compared to crude oil derivatives which directly boost the growth of syngas market.

          Syngas Market Segment Analysis – By End-Use Industry

          Chemical segment held the largest share in the Syngas Market in 2020 and is growing at a CAGR of 8.2% during 2021-2026. Syngas is widely used in the processing of chemicals for manufacturing fertilizers, petrochemicals, and oxo chemicals, and others. The chemicals segment is fragmented by derivative into methanol, ammonia, and FT synthesis products. Ammonia is the most manufactured chemical in the world and widely use in production of fertilizers and plant nutrition products. And with the increasing population, redoubled demand for food crops. The need to increase yield per unit of cultivated land in order to meet increasing production requirements is driving large-scale adoption of fertilizers in agriculture sector. As ammonia is a key basic material used as fertilizers, its demand is rising. For instance, global production of ammonia is about 180 million metric tons annually, and 120 ports are fitted out with ammonia terminals. Ammonia being the major chemical used in the production of fertilizers is the major motivation for the growth of the chemical segment for the syngas market.

          Syngas Market Segment Analysis – By Geography

          Asia-Pacific region held the largest share in the Syngas in 2020 up to 43% followed by North America and Europe. The region is the largest consumer in the chemical industry which offers high growth opportunities for the syngas market. The demand for syngas is rapidly rising in the Asia-Pacific countries such as China, India, and Japan in various applications specially in chemicals, fuel, and electricity. In addition, the growth is attributed to the high availability of coal reserves in countries, for instance, World coal reserves in 2020 stood at 1074 billion tonnes and China holds about 13% of it and on the other hand, India has produced about 729 million tonnes of coal in 2020. Due to increasing demand of syngas in the region, new production plants of syngas are being constructed, for instance, Air Products, one of the world’s largest hydrogen producer, is all set to launch a 30 tonnes per day liquid hydrogen production plant in eastern China in 2022.Moreover, the consumption of both liquid and gaseous fuels is increasing exponentially in the country. This is anticipated to enhance the growth of syngas market over the forecast period.

          Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=502912

          Syngas Market Drivers

          Usage of syngas in various industrial applications

          Rising demand for fuels, fertilizers in agricultural products and others are influencing the growth of the syngas market. Polygeneration is the leading factor that is boosting the syngas market due to the reason that it can be used to derive fuels and chemicals for the purpose of power generation. Furthermore, syngas is use to produce Ammonia which is used to produce nitrogen-based fertilizer for agricultural sectors. In 2019, about 11.5 million tons of total nitrogen-based fertilizers used for agricultural purposes in Europe. Therefore, the factors are expected to show a significant impact on the market in the forecast years. The increasing use of the derivatives in different industrial applications is driving the demand of syngas market.

          Syngas for the production of Natural Gas

          Syngas is primarily used to produce SNG that is used in the form of Liquified Natural Gas (LNG) and Compressed Natural Gas (CNG) in various industries including railways, marine, transportation and others. It can also be utilized as fuel gas engines for power supply owing to benefits such as low energy costs, increased stability and predictability. The increasing urbanization and rising income are accelerating the number of passengers which apparently drives the growth for the railway sector, for instance, compared to 2019 the revenue for Canadian railways anticipated increase of 7% in 2020. Whereas, India’s export of railways has grown at a CAGR of 31.51% during 2010-2018 to US$507.9 million. Exports of railways in 2019 stood at US$635 million.

          Syngas Market Challenges

          Heavy capital investments

          One of the major restraints to the market is the high capital investments requirements and the long duration and time taken for the installation latest gasification techniques in the operational plants. And moreover, no existing commercial catalyst and usually requires oxygen plant. Besides, the plant has to build in such an area where there is constant availability of the required feedstock and would require heat and mass management. The limitation with the installation plant to a very extend hamper the growth of syngas market.

          Syngas Market Landscape

          Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Syngas. Major players in the Syngas Market are Dow Chemical, BASF, KBR, Mitsubishi Heavy Industries, Oxea, Methanex, Linde PLC, and Jiangsu Province.

          Acquisitions/Technology Launches/ Product Launches

          In May 2020, Linde PLC announced to lead a new syngas processing facility with an investment of US$250 million in Southern Louisiana, United States, for supplying hydrogen and carbon monoxide to several global chemical companies.

          n September 2019, Air Products advanced gasification growth strategy via new syngas project with Debang Group in Jiangsu Province, China.

          Key Takeaways

          Asia Pacific dominates the Syngas Market owing to rapid increase in Chemical and Oil and Gas sector. For instance, an investment of US$107.4 billion is estimated in the Indian chemicals and petrochemicals sector by 2025

          The market drivers and restraints have been assessed to understand their impact over the forecast period.

          The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

          The other key areas of focus include the various applications and end use industry in Syngas Market and their specific segmented revenue.

          The fuel application is expected to augment the syngas market’s growth over the forecast period due to increase in the consumption of liquid and gaseous fuels in various end-use industry.

          Related Reports:

          A. Syngas & Derivatives Market

          https://www.industryarc.com/Report/16557/syngas-derivatives-market.html

          B. Gas Treatment Market

          https://www.industryarc.com/Research/gas-treatment-Market-Research-500003

          For more Chemicals and Materials Market reports, please click here

          About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



          Source link

          Previous Post

          Premier Diamond Group on Recent Finds of Natural Colored Diamonds

          Next Post

          Pharmaceutical Drug Delivery Market worth $2,206.5 billion by 2026

          Related Posts

          Press Releases

          UHT Processing Market Statistics, Growth, Trends & Forecasts

          February 3, 2023
          Press Releases

          Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

          February 3, 2023
          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026
          Press Releases

          Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

          February 3, 2023
          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024
          Press Releases

          Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

          February 3, 2023
          Press Releases

          Data Center Power Market Projected to Gain $26.1 billion by 2025

          February 3, 2023
          Low VOC Adhesives Market worth $63.3 billion by 2026
          Press Releases

          Low VOC Adhesives Market worth $63.3 billion by 2026

          February 2, 2023

          Discussion about this post

          LATEST NEWS

          Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com

          February 6, 2023

          Scatec refinances US$100 million facility – PV-Tech

          February 6, 2023

          Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

          February 6, 2023

          Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture – Forbes

          February 6, 2023

          About

          South Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

          We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. To submit a press release today, contact us.

          Categories

          BOTSWANA

          ESWATINI

          LESOTHO

          NAMIBIA

          SOUTH AFRICA

          PRESS RELEASES

          Recent Post

          Recent Posts
          • Botswana increases 2022 economic growth forecast to 6.7% – Reuters.com
          • Scatec refinances US$100 million facility – PV-Tech
          • Wide Support For New WHO ‘Best Buys’ To Address NCDs – Health Policy Watch

          Subscribe to Our Newsletter

            Share Us

            Share on facebook
            Share on twitter
            Share on linkedin
            Share on pinterest
            South Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
            No Result
            View All Result
            • AFRICA
            • Botswana
            • Eswatini
            • Lesotho
            • Namibia
            • South Africa
            • Press releases

            © 2022 Copyright SOUTH-AFRICANA