Research and Markets - Global Petcoke Gasification Market to Grow at a CAGR of 16.55%, 2017-2021 with Air Liquide, GE Energy, Royal Dutch Shell, RWE & Siemens Dominating

DUBLIN, Apr. 25, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Petcoke Gasification Market 2017-2021" report to their offering.

The global petcoke gasification market to grow at a CAGR of 16.55% during the period 2017-2021.

The report, Global Petcoke Gasification Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is carbon capture and storage through petcoke gasification. Petcoke gasification plays an important role in the field of carbon capture and storage. The end products of the petcoke gasification process produce CO2, 90% of which can be captured. This will help in the reduction of emissions of CO2, which is a major greenhouse gas.

According to the report, one of the major drivers for this market is increasing refinery margins. Petcoke, which is the end product of the crude oil refining value chain, is usually sold as a waste product to power plants as fuel and to other industries such as cement manufacturing and blast furnaces. The petcoke produced in a refinery depends on the type of crude oil; from lighter crude oil, petcoke production is lower but keeps on increasing once the refining of heavier crude oils begins. Refiners look for ways to convert petcoke into useful products to increase their bottom-of-the-barrel margins. One way of doing this is through the petcoke gasification process, where refiners convert low-grade carbon residues to high-grade petroleum products.

Key vendors

• Air Liquide
• GE Energy
• Royal Dutch Shell
• RWE
• Siemens
  

Other prominent vendors

• CB&I
• Huaneng Clean Energy Research Institute
• KBR
• KEPCO-Uhde
• Northwest Research Institute of Chemical Industry, Shaanxi
• Sedin
• Synthesis Energy Systems
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/2bnqpt/global_petcoke

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SOURCE Research and Markets