Name: Gasification Market Companies
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Gasification Market Size, Gasification Market Share, Gasification Market Trends, Gasification Market Growth, Gasification Market Analysis, Gasification Market Forecast, Gasification Market Report, Gasification Industry Report

Market Concentration and Competitive Landscape

Gasification Market Concentration By Players

Close-monitor your Competitor's Move, Request sample copy

Key Developments:

In December 2023, Air Liquide announced plans to construct, own, and operate a global carbon capture facility in Rotterdam, the Netherlands, utilizing its proprietary Cryocap technology. The new unit will be integrated into Air Liquide's hydrogen production plant located in the port of Rotterdam and linked to Porthos, one of Europe's largest carbon capture and storage infrastructures. This initiative aims to significantly reduce CO₂ emissions in the industrial area.
In October 2023, Air Liquide revealed an investment of over USD 149.8 million to establish a new low-carbon industrial gas platform in Bécancour, Québec, Canada. This development will enhance the delivery of hydrogen, oxygen, nitrogen, and argon. The infrastructure will include an additional air separation unit, renewable oxygen and nitrogen production capabilities, and liquid storage facilities, complementing the existing 20 MW PEM electrolyser. The platform will also connect to the local pipeline network, further expanding Air Liquide's operations in low-carbon solutions.
In January 2022, Indonesian President, Mr. Joko Widodo, inaugurated the construction of a US$ 2.3 billion coal gasification facility to reduce the nation's dependency on liquefied petroleum gas (LPG) imports and maximize its coal reserves. This plant, led by state-owned coal mining company, Bukit Asam, in collaboration with Air Products and Chemicals, Inc., a U.S.-based firm, will process 6 million tons of low-grade coal annually to produce 1.4 million tons of dimethyl ether (DME). The project is expected to cut Indonesia's liquefied natural gas imports by 1 million tons per year.
In August 2021, Mitsubishi Power joined a collaborative study aimed at developing a commercial-scale supply chain for sustainable aviation fuel (SAF). This SAF will be produced using advanced wood biomass gasification, integrated with Fischer-Tropsch (FT) synthesis technology. Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries, contributes its expertise in energy solutions and innovative technologies to advance sustainable fuel production.

Top Strategies Followed by Global Gasification Market Players

Established players in this market focus heavily on research and development to deliver innovative product solutions.
- For example, leading companies like GE, Shell, and Siemens invest over 5% of their annual revenues in R&D activities focused on process optimization, carbon capture, and syngas applications. They also form strategic partnerships with technology providers and end-use industries to pilot emerging gasification technologies. This allows them to commercialize new systems faster and strengthen their market position.
Mid-level players in the industry aim to provide cost-competitive solutions without compromising on quality. They collaborate with research organizations and local component manufacturers to locally source raw materials and engineering expertise. This enables them to build affordable small-scale gasification plants tailored for distributed applications. Some players also partner with startup ventures engaged in developing gas cleaning and gas upgrading technologies. Such collaborations help bolster their technological capabilities.
Small gasification companies focus on niche markets and adopt a specialized local approach. They leverage modern digital tools for remote monitoring and predictive maintenance of gasification units. Some partner with waste management firms and energy service companies to set up gasification-based waste-to-energy facilities near consumer cities. This helps gain faster market access and ensures localized value from syngas.

Emerging Startups - Global Gasification Industry Ecosystem

Several startups are pioneering innovative gasification technologies to make the process more efficient and environment-friendly. Companies like Clean Energy Systems and Primenergy are developing smart sensing and AI-based solutions for advanced process control and syngas composition monitoring. This could optimize gasification operations and reduce emissions.
Startups like Anthropic and Circulor focus on using Blockchain solutions to create a digital record of syngas carbon credits. This allows global power producers to offset their carbon footprint by buying verifiable emission reduction credits from gasification plants. Such initiatives are helping gasification gain ground in sustainable energy markets.
Other emerging companies’ partner with research universities on projects involving plasma gasification. This novel process partially ionizes syngas intermediates using very high temperatures for complete waste treatment.

Key Players Insights