Syngas Chemicals Global Market Briefing 2018
Including: Acetyls, Formaldehyde and Resins, MTBE, Methanol
Covering: Celanese Corporation, LyondellBasell Industries Holdings BV, China National Petroleum Corporation, East-man Chemical Company, Methanex Corporation
The Business Research Company’s reports are based on the methodology below.
Our datasets are created using a wide range of proprietary and public sources including leading government bodies, associations, trade journals, market intelligence reports and trade magazines. Data is modelled based on hard data, extrapolation, regression analysis based on known macro data inputs, interpolation between hard figures, comparisons with other geographies and markets, price estimations, and qualitative inputs. Data is triangulated within our unique market data model covering an exhaustive list of 200+ markets across 12 countries and 5 regions. Comparable data is used for sanity check and trend analysis. For example our global market value data is compared to unit sales and price data for the relevant market as well as relevant macro-economic datasets in order to establish validity.
Market value is defined as the revenues earned by organizations for products and services within the specified market. The break down by geography is revenue generated within the specific industry by organizations in the specified geography, irrespective of where they are produced.
Competitor Market Share Data
The competitor market share data is intended to represent the companies that gain the most revenues from the given market and the percentage share of the market that they hold. If a company derives most of its revenues from the market, its revenues are given in full. If a large part of the company's revenues come from other markets, only the division of the company which operates in this market is included. Where accurate information is not available on the revenues a company generates from the market its market share is not included, however a profile of the company may still be included if it is a significant competitor in the market.
Analysis is drawn from our Consultants’ wide range of industry and research experience as well as public and proprietary sources. Consultants are trained in research techniques and ethics by the Market Research Society.
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The Business Research Company prides itself on the quality and validity of its data and analysis. Our unique ‘end noted’ referencing approach allows the user to trace our market numbers and analysis back to the specific data sources they were derived from.
Frequently Asked Questions (FAQs)
Syngas chemicals are primarily produced from synthesis gas, a gaseous mixture of hydrogen and carbon monoxide. The prime compound obtained from catalytic reaction of syngas is methanol. Methanol is further utilized to produce other industrially important chemicals such as formaldehyde, and acetyls.
Asia-Pacific was the largest region in the syngas chemicals market in 2017, accounting for 37.2% share in the market. This was due to persistent demand from the infrastructure sector from China, India and Southeast Asian nations.
North America was the second largest region in the syngas chemicals market in 2017, accounting for 22.5% share in the market. This can be attributed to presence of numerous gasification facilities to fulfil the demand for energy.
Middle East was the smallest region in the syngas chemicals market in 2017, accounting for 4.0% share in the market.
Rise In Demand For Coal As Key Feedstock
Coal gasification as feedstock is being widely used to increase petrochemicals production in general and specifically syngas. Petrochemical companies in China developed coal-based liquid fuels as a raw material to reduce its dependency on imported oil. The Chinese government is also encouraging petrochemical companies to use coal as feedstock to reduce oil and gas imports. Chinese and Indian companies should adopt coal gasification technologies to reduce dependence on imported oil and gas.
- Table 1 : Global Chemical Markets Peer Analysis, 2013-2021
- Table 2 : Global Syngas Chemicals Market, Historic Market Size, 2013-2017
- Table 3 : Global Syngas Chemicals Market, Forecast Market Size, 2017 – 2021
- Table 4 : Global Syngas Chemicals Market, Split By Region, 2017
- Table 5 : Global Syngas Chemicals Market, Historic And Forecast Growth Rate, By Region, 2013-2021
- Table 6 : Global Syngas Chemicals Market, Split By Country, 2017
- Table 7 : Global Syngas Chemicals Market, Historic And Forecast Growth Rate, By Country, 2013-2021
- Figure 1 : Global Chemical Markets Peer Analysis, 2013-2021
- Figure 2 : Global Syngas Chemicals Market, Historic Market Size, 2013-2017
- Figure 3 : Global Syngas Chemicals Market, Forecast Market Size, 2017 – 2021
- Figure 4 : Global Syngas Chemicals Market, Split By Region, 2017
- Figure 5 : Global Syngas Chemicals Market, Historic And Forecast Growth Rate, By Region, 2013-2021
- Figure 6 : Global Syngas Chemicals Market, Split By Country, 2017
- Figure 7 : Global Syngas Chemicals Market, Historic And Forecast Growth Rate, By Country, 2013-2021
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