SEA Syngas Market - Size, Share & Industry Analysis

Name: SEA Syngas Market - Size, Share & Industry Analysis
Creator: Mordor Intelligence
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Market Overview

Study Period	2019 - 2030
Base Year For Estimation	2024
Forecast Data Period	2025 - 2030
Historical Data Period	2019 - 2023
Growth Rate	9.00% 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.

South-East Asia (SEA) Syngas Market Summary — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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South-East Asia (SEA) Syngas Market Analysis by Mordor Intelligence

The South-East Asia (SEA) Syngas Market is expected to register a CAGR of greater than 9% during the forecast period.

High capital investment and funding is likely to hinder the South-East Asia (SEA) Syngas Market's growth.
Development of underground coal gasification technology is likely to create opportunities to the South-East Asia (SEA) syngas market growth in the future.
Indonesia is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.

South-East Asia (SEA) 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), 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 driving the demand for South-East Asia (SEA) Syngas Market in the recent times.

South-East Asia (SEA), Syngas Market, Volume Share (%), by Application — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Indonesia to Dominate the Market

The Indonesian power generation sector has witnessed a significant growth during the past five years.
Growing population in the country, rising per capita income, and structurally lower electrification ratio, together, indicate rapid growth for the electricity demand during the forecast period.
With the current slowdown in the mining sector, some rebalancing of economic growth toward manufacturing is likely to take place over the forecast period.
The chemical manufacturing sector in the country is growing, due to the increasing demand for chemicals in various applications.
Overall, the growing end-user industries in the country are projected to drive the South-East Asia (SEA) syngas market during the forecast period.

South-East Asia (SEA) Syngas Market, Volume Share (%), by Country — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The South-East Asia (SEA) syngas market is fragmented in nature. Key players in the market include Air Products and Chemicals, Inc., Linde plc, Air Liquide, and Haldor Topsoe A/S, among others.

South-East Asia (SEA) Syngas Industry Leaders

Air Products and Chemicals, Inc.
Linde plc
Air Liquide
Haldor Topsoe A/S
*Disclaimer: Major Players sorted in no particular order

Market Concentration - Southeast Asia Syngas Market.png — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Table of Contents for South-East Asia (SEA) Syngas Industry Report

1. INTRODUCTION

1.1 Study Assumptions
1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Drivers
- 4.1.1 Growing Demand for Electricity
- 4.1.2 Growing Chemical Industry
4.2 Restraints
- 4.2.1 High Capital Investment and Funding
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

5.1 Feedstock
- 5.1.1 Coal
- 5.1.2 Natural Gas
- 5.1.3 Petroleum
- 5.1.4 Pet-coke
- 5.1.5 Biomass
5.2 Technology
- 5.2.1 Steam Reforming
- 5.2.2 Partial Oxidation
- 5.2.3 Auto-thermal Reforming
- 5.2.4 Combined or Two-step Reforming
- 5.2.5 Biomass Gasification
5.3 Gasifier Type
- 5.3.1 Fixed Bed
- 5.3.2 Entrained Flow
- 5.3.3 Fluidized Bed
5.4 Application
- 5.4.1 Power Generation
- 5.4.2 Chemicals
- 5.4.2.1 Methanol
- 5.4.2.2 Ammonia
- 5.4.2.3 Oxo Chemicals
- 5.4.2.4 n-Butanol
- 5.4.2.5 Hydrogen
- 5.4.2.6 Dimethyl Ether
- 5.4.3 Liquid Fuels
- 5.4.4 Gaseous Fuels
5.5 Geography
- 5.5.1 Indonesia
- 5.5.2 Thailand
- 5.5.3 Malaysia
- 5.5.4 Singapore
- 5.5.5 Philippines
- 5.5.6 Vietnam
- 5.5.7 Rest of South-East Asia (SEA)

6. COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
- 6.4.1 Air Liquide
- 6.4.2 Air Products and Chemicals, Inc.
- 6.4.3 BASF SE
- 6.4.4 BP p.l.c.
- 6.4.5 DuPont
- 6.4.6 General Electric
- 6.4.7 Haldor Topsoe A/S
- 6.4.8 KBR, Inc.
- 6.4.9 Linde plc
- 6.4.10 METHANEX CORPORATION
- 6.4.11 MITSUBISHI HEAVY INDUSTRIES, LTD.
- 6.4.12 Royal Dutch Shell plc
- 6.4.13 Siemens
- 6.4.14 SynGas Technology LLC
- 6.4.15 TechnipFMC plc
*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Utilization of Biomass and Municipal Waste
7.2 Development of Underground Coal Gasification Technology

**Subject to Availability

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South-East Asia (SEA) Syngas Market Report Scope

The South-East Asia (SEA) 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

Indonesia

Thailand

Malaysia

Singapore

Philippines

Vietnam

Rest of South-East Asia (SEA)

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	Indonesia
	Thailand
	Malaysia
	Singapore
	Philippines
	Vietnam
	Rest of South-East Asia (SEA)

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Key Questions Answered in the Report

What is the current South-East Asia (SEA) Syngas Market size?

The South-East Asia (SEA) Syngas Market is projected to register a CAGR of greater than 9% during the forecast period (2025-2030)

Who are the key players in South-East Asia (SEA) Syngas Market?

Air Products and Chemicals, Inc., Linde plc, Air Liquide and Haldor Topsoe A/S are the major companies operating in the South-East Asia (SEA) Syngas Market.

What years does this South-East Asia (SEA) Syngas Market cover?

The report covers the South-East Asia (SEA) Syngas Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South-East Asia (SEA) Syngas Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: November 28, 2025