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 Industryly important chemicals such as formaldehyde, and acetyls.
This report contains market size and forecasts of Syngas Chemicals in global, including the following market information:
- Global Syngas Chemicals Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Syngas Chemicals Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Syngas Chemicals companies in 2021 (%)
The global Syngas Chemicals market was valued at 47770 million in 2021 and is projected to reach US$ 67110 million by 2028, at a CAGR of 5.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Methanol Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Syngas Chemicals include Celanese, LyondellBasell Industries Holdings, China National Petroleum, East-Man Chemical and Methanex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Syngas Chemicals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Syngas Chemicals Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Syngas Chemicals Market Segment Percentages, by Type, 2021 (%)
- Methanol
- Acetyls
- Formaldehyde & Resins
- Methyl Tertiary-Butyl Ether(MTBE)
Global Syngas Chemicals Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Syngas Chemicals Market Segment Percentages, by Application, 2021 (%)
- Manufacture
- Industrial
- Others
Global Syngas Chemicals Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Syngas Chemicals Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Syngas Chemicals revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Syngas Chemicals revenues share in global market, 2021 (%)
- Key companies Syngas Chemicals sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Syngas Chemicals sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Celanese
- LyondellBasell Industries Holdings
- China National Petroleum
- East-Man Chemical
- Methanex