Gasifier Balance of Plant (BOP) Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, 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.

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.

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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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Some of the key players in the Gasifier Balance of Plant market are GTRI, KBR, Ecocycle, Pratt & Whitney, CFC Ltd. & CPC Corp, Dakota Gasification, Sasol Lurgi, E- gas, Westinghouse Plasma Corporation and Shell Corporation.

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Designs Covered:
• Cross-Draught
• Updraught
• Downdraught
• Molten Bed
• Fluidized Bed

Types Covered:
• Coal to Energy (CTE) Gasifier
• Biomass to Energy (BTE) Gasifier
• Coal to Liquid (CTL) Gasifier
• Biomass to Liquid
• Direct Iron Reduction
• Waste to Energy

Constructions Covered:
• Post-Reactor
• Gasification
• Pre-Reactor

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Organization: Stratistics Market Research Consulting Pvt Ltd
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Release ID: 396566