Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| Growth Rate | 7.12% CAGR |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Middle-East And Africa Syngas Market Analysis by Mordor Intelligence
The Middle-East and Africa Syngas Market is expected to register a CAGR of greater than 7% during the forecast period.
- High capital investment and funding is likely to hinder the Middle-East and Africa Syngas Market's growth.
- Development of underground coal gasification technology is likely to create opportunities to the Middle-East and Africa Syngas market growth in the future.
- Saudi Arabia is expected to dominate the Middle-East and Africa Syngas market and is also expected to witness the fastest CAGR during the forecast period.
Middle-East And Africa Syngas Market Trends and Insights
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).
- 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.
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.
Competitive Landscape
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.
Middle-East And Africa Syngas Industry Leaders
-
Air Products and Chemicals, Inc.
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Linde plc
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Air Liquide
- *Disclaimer: Major Players sorted in no particular order
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Middle-East And Africa Syngas Market Report Scope
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 |
| 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 | ||
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Key Questions Answered in the Report
What is the current Middle-East and Africa Syngas Market size?
The Middle-East and Africa Syngas Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)
Who are the key players in Middle-East and Africa Syngas Market?
Air Products and Chemicals, Inc., Linde plc and Air Liquide are the major companies operating in the Middle-East and Africa Syngas Market.
What years does this Middle-East and Africa Syngas Market cover?
The report covers the Middle-East and Africa Syngas Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle-East and Africa Syngas Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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