Middle-East and Africa Syngas Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The market is segmented by Feedstock (Coal, Natural Gas, Petroleum, Pet-coke, and Biomass), Technology (Steam Reforming, Partial Oxidation, Auto-thermal Reforming, Combined or Two-step Reforming, and Biomass Gasification), Gasifier Type (Fixed Bed, Entrained Flow, and Fluidized Bed), Application (Power Generation, Chemicals, Liquid Fuels, and Gaseous Fuel), and Geography (Saudi Arabia, South Africa, and Rest of Middle-East and Africa)

Home Market Analysis Chemicals & Materials Research Industrial Gases Research Syngas Research Middle-East and Africa Syngas Market

MEA Syngas Market Size

View Global Report
Middle East & Africa Syngas Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 7.00 %
Market Concentration Low

Major Players

Middle East & Africa Syngas Market Key Players

*Disclaimer: Major Players sorted in no particular order
setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

MEA Syngas Market Analysis

The Middle-East and Africa syngas market is estimated to witness a significant growth, at an estimated CAGR of over 7%, over the forecast period. Growing chemical industry and growing demand for electricity are expected to drive the market during the forecast period.

  • High capital investment and funding is likely to hinder the market's growth.
  • Development of underground coal gasification technology is likely to create opportunities to the market growth in the future.
  • Saudi Arabia is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.

MEA Syngas Market Trends

This section covers the major market trends shaping the MEA Syngas Market according to our research experts:

Increasing Usage in Power Generation Industry

  • The power industry is the backbone of the industrial sector that supplies essential energy to industrial, commercial, manufacturing, and residential customers.
  • Synthesis gas plays a huge role in power generation, as it is used as an intermediate in creating synthetic natural gas (SNG), which has various application, such as:
  • IGCC plants use gasifiers that convert coal or any other carbon-based materials to syngas, which is used in driving a combined cycle turbine to generate electricity. IGCC plants can achieve efficiencies of 45% and have low emissions, since the fuel is cleaned before it is fired in the gas cycle turbine.
  • Biogas, which is a form of renewable energy, can be obtained through thermochemical gasification of synthetic gas.
  • Gasification and pyrolysis processes produce a combustible synthetic gas that can either be used to produce electricity, or further refined and upgraded for direct generation in a gas turbine or engine.
  • The aforementioned factors have been boosting the demand for syngas in the region, in the recent times.
Middle East & Africa Syngas Market Share

Saudi Arabia to Dominate the Market

  • The market openness and investment opportunities were less, when compared to the other emerging economies. However, the government in its 10th development plan, is reforming the economic plans, with investments in diversified sectors, and is trying to attract private investments in the country, in order to make it a diversified economy that is not dependent on oil.
  • Due to various government policies in the oil refinery sector along with company acquisitions, the Saudi Arabian refining catalyst market is expected to grow during the forecast period.
  • Many investments and collaborations in the petrochemical sector are coming up in the country, which are likely to provide opportunities for the growth of the syngas market in the coming years. 
  • Saudi Aramco and SABIC have also signed a memorandum of understanding to build a USD 20 billion worth complex, in order to convert crude oil into chemicals, in the country. The operation is expected to start in 2025, processing around 400 thousand barrels per day of crude oil, to produce about 9 million metric ton of chemicals.
  • All the aforementioned factors, in turn, are expected to boost the demand for syngas in the country.
Middle East & Africa Syngas Market Trends

MEA Syngas Industry Overview

The Middle-East and Africa syngas market is fragmented in nature. Key players in the market include Air Products and Chemicals, Inc., Linde plc, Air Liquide, and Royal Dutch Shell plc, among others.

MEA Syngas Market Leaders

  1. Air Products and Chemicals, Inc.

  2. Linde plc

  3. Air Liquide

*Disclaimer: Major Players sorted in no particular order

Air Products and Chemicals, Inc., Linde plc, Air Liquide
Need More Details on Market Players and Competitors?
Download Sample

MEA Syngas Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand for Electricity

      2. 4.1.2 Growing Chemical Industry

    2. 4.2 Restraints

      1. 4.2.1 High Capital Investment and Funding

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Feedstock

      1. 5.1.1 Coal

      2. 5.1.2 Natural Gas

      3. 5.1.3 Petroleum

      4. 5.1.4 Pet-coke

      5. 5.1.5 Biomass

    2. 5.2 Technology

      1. 5.2.1 Steam Reforming

      2. 5.2.2 Partial Oxidation

      3. 5.2.3 Auto-thermal Reforming

      4. 5.2.4 Combined or Two-step Reforming

      5. 5.2.5 Biomass Gasification

    3. 5.3 Gasifier Type

      1. 5.3.1 Fixed Bed

      2. 5.3.2 Entrained Flow

      3. 5.3.3 Fluidized Bed

    4. 5.4 Application

      1. 5.4.1 Power Generation

      2. 5.4.2 Chemicals

        1. 5.4.2.1 Methanol

        2. 5.4.2.2 Ammonia

        3. 5.4.2.3 Oxo Chemicals

        4. 5.4.2.4 n-Butanol

        5. 5.4.2.5 Hydrogen

        6. 5.4.2.6 Dimethyl Ether

      3. 5.4.3 Liquid Fuels

      4. 5.4.4 Gaseous Fuels

    5. 5.5 Geography

      1. 5.5.1 Saudi Arabia

      2. 5.5.2 South Africa

      3. 5.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Air Liquide

      2. 6.4.2 Air Products and Chemicals, Inc.

      3. 6.4.3 BASF SE

      4. 6.4.4 BP p.l.c.

      5. 6.4.5 General Electric

      6. 6.4.6 KBR Inc.

      7. 6.4.7 Linde plc

      8. 6.4.8 Royal Dutch Shell plc

      9. 6.4.9 TechnipFMC PLC

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Development of Underground Coal Gasification Technology

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

MEA Syngas Industry Segmentation

The Middle-East and Africa syngas market report includes:

Feedstock
Coal
Natural Gas
Petroleum
Pet-coke
Biomass
Technology
Steam Reforming
Partial Oxidation
Auto-thermal Reforming
Combined or Two-step Reforming
Biomass Gasification
Gasifier Type
Fixed Bed
Entrained Flow
Fluidized Bed
Application
Power Generation
Chemicals
Methanol
Ammonia
Oxo Chemicals
n-Butanol
Hydrogen
Dimethyl Ether
Liquid Fuels
Gaseous Fuels
Geography
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

MEA Syngas Market Research FAQs

The Middle-East and Africa Syngas Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)

Air Products and Chemicals, Inc., Linde plc and Air Liquide are the major companies operating in the Middle-East and Africa Syngas Market.

The report covers the Middle-East and Africa Syngas Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle-East and Africa Syngas Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Middle-East and Africa Syngas Industry Report

Statistics for the 2024 Middle-East and Africa Syngas market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Syngas analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Middle-East and Africa Syngas Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Middle-East and Africa Syngas Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)