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Old 08-03-2023, 12:55 PM
Sparty Sparty is offline
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Default Syngas Market Trends

"Syngas Market Trends, Research Insights by 2027":

The global syngas market is expected to grow at a CAGR of 8.2% from 2022 to 2027.

The growth of the syngas market is being driven by the increasing demand for syngas in the production of methanol, ammonia, and other chemicals.

Other factors driving the growth of the syngas market include the increasing use of syngas in the power generation and transportation sectors.

The key players in the syngas market include Air Liquide, Linde, BASF, and Shell.

The syngas market is segmented by feedstock, application, and region.

The feedstock segment is further segmented into coal, natural gas, biomass, and waste.

The application segment is further segmented into methanol, ammonia, hydrogen, and power generation.

The regional segment is further segmented into North America, Europe, Asia-Pacific, and Rest of the World.

The methanol segment is expected to be the largest segment of the syngas market during the forecast period.

The Asia-Pacific region is expected to be the fastest-growing region of the syngas market during the forecast period.

The key challenges facing the syngas market include the high cost of syngas production and the availability of feedstock. Read full article

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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Old 08-03-2023, 01:02 PM
Sparty Sparty is offline
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Default What is UCG-GTL?

https://www.ucg-gtl.com/what-is-ucg-gtl.html

UCG-GTL is the "revolutionary" successful combination of two known processes, Underground Coal Gasification (UCG) and the conversion of the resultant Gas To Liquids (GTL).

UGC: Underground Coal Gasification
Australia was leading the world's renewal of interest in the conversion of underground coal to an energy rich gas named SYNGAS. SYNGAS can be used as high quality feedstock for gas fired power stations and excitingly the production of HydroCarbon liquids as well as a range of other products.

The process has been labelled as "Underground Coal Gasification" where coal is heated creating a chemical process underground and the resultant gas (Syngas) is piped to the surface. Underground coal gasification (UCG) is an in-situ gasification process carried out in non-mined coal seams using injection and production wells drilled from the surface, which enables the coal to be converted into product gas. There has not been much done in this area in Australia since I wrote this website in 2009

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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