Growing gasifier installations, rising demand for low cost energy and increasing initial investments are some of the key factors fuelling the market growth. However, increasing production of shale gas worldwide is likely to bring down the price of natural gas which is restricting the market growth. Latest global market research on the Gasifier Balance of Plant (BOP) Market report that offers an exhaustive coverage of the industry with brief analysis, data charts, product type, application, figures, statistics that help take business decisions, company profiles and more.
The Global Gasifier Balance of Plant Market is accounted for $75.47 billion in 2017 and is expected to reach $ 181.12 billion by 2026 growing at a CAGR of 9.5% from 2017 to 2026.
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SOME OF THE KEY PLAYERS IN GLOBAL GASIFIER BALANCE OF PLANT (BOP) MARKET ARE
- Pratt & Whitney,
- CFC Ltd. & CPC Corp,
- Dakota Gasification,
- Sasol Lurgi,
- E- gas,
- Westinghouse Plasma Corporation
- Shell Corporation
Gasification is an ancient technology with its origin tracing centuries back. BoP components are widely used to deliver, size, move, and evaluate feedstock in gasifiers and also to offer heat and raw nitrogen & oxygen to shape molecules formed in gasifier hence preventing gases from exploding during these processes.
Based on Design, fluidized bed segment has considerable growth owing to great operating flexibility of good mixing properties that ensure uniform process conditions, while also simultaneously feeding different fuels.
North American is expected to have a significant growth in the market. The growth is due to rising shale gas extraction in the U.S. and oil exploration in Gulf of Mexico. High coal reserves mainly in U.S., with coal being a major feedstock in gasifiers, are forecasted to have a potential impact in this region.
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- Molten Bed
- Fluidized Bed
- Coal to Energy (CTE) Gasifier
- Biomass to Energy (BTE) Gasifier
- Coal to Liquid (CTL) Gasifier
- Biomass to Liquid
- Direct Iron Reduction
- Waste to Energy
- Oil & Gas
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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