Chemicals and Fertilizer Application to Dominate Syngas and Derivatives Market Through 2025
Growing fuel and energy demand are expected to drive the growth of global syngas & derivatives market According to TechSci Research report, “ Global Syngas and Derivatives Market By Production Technology, By Gasifier Type, By Feedstock, By Consumption, By Application, By Region, Competition, Forecast & Opportunities, 2025 ” , global syngas & derivatives market is expected to register significant CAGR through 2025 on account of surging demand for electricity, agricultural products and fuels. In addition to this, construction of many new production plants for syngas in various regions, is also positively influencing the market growth. Moreover, growing use of the derivatives in several industrial applications is further projected to spur the syngas & derivatives market growth across the globe over the coming years. However, there are certain factors which might hampers the market growth in the years to come which includes the high capital investments and ...