Syngas Catalysts Market growth, Latest Trend & Forecast 2032
The global syngas catalyst market production is expected to be 67.1 KT by the end of 2021. In 2020, a decline of 1.5% in market value for syngas catalysts was observed, not meeting the expectations what most producers had anticipated.
Syngas catalysts business research performed by FactMR delves into key insights such as current and speculative production capacity, capacity utilization rates of each producer, current and speculative pricing, price optimization strategy across the value chain, techno-economic analysis of acetone derivatives production, and much more.
Key Companies
BASF
Casale
Clariant
Haldor Topsoe
Johnson Matthey
Unicat Technologies
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Key Highlights from the Insights Report of Syngas Catalysts Market:
A detailed example of the parent industry
Dynamics of the market for syngas catalysts have changed. Market classification in great detail.
Market scale for syngas catalysts, measured in terms of volume and value, historically and going forward
Recent market trends and industry advancements for catalysts used in syngas
Analyzing the Syngas Catalysts Market in terms of the strategies that the market’s participants have taken and the new products that have been developed
Potential and specialised markets are examined regionally.
Independent evaluation of the Syngas Catalyst market value
Up-to-date and must-have intelligence for the market players to enhance and maintain their competitiveness
Competition Landscape
In order to expand their consumer base, syngas catalyst manufacturers are opting for both, organic and inorganic growth strategies such as capacity expansion, partnerships, and collaboration to help them garner more market share.
In Dec 2020, Johnson Matthey secured a license to develop one of the largest single train methanol plants in the world. Through this, JM tends to expand its footprint in China by supplying catalysts, technology, and commissioning assistance.
In 2020, Johnson Matthey and ThyssenKrupp renewed a partnership for world class collaboration in ammonia production.
BASF SE recently signed a deal with Linde focusing on syngas generation in order to tackle the climate issue by promoting clean energy and expanding their cooperation on the process. Linde’s DRYREF technology uses BASF’s SYNSPIRE catalyst and is viable and cost-effective alternative to partial oxidation plants with low H2/CO ratios.
Key Segments Covered in Syngas Catalysts Industry Research
By Operation
Coal to SNG
Reforming
Steam Reforming
Others
By Catalyst
Nickel
Nickel Oxide
Others
By Use Case
Hydrogen Synthesis
Ammonia Synthesis
Methanol Synthesis
SNG Plants
Biomass Gasification
Coal Gasification
Tar Removal
Fuel Cell
Gas to Liquids
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