Market Size of Middle-East and Africa Syngas Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2021 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2020 |
| CAGR | > 7.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Syngas Market Analysis
The Middle-East and Africa syngas market is estimated to witness a significant growth, at an estimated CAGR of over 7%, over the forecast period. Growing chemical industry and growing demand for electricity are expected to drive the market during the forecast period.
- High capital investment and funding is likely to hinder the market’s growth.
- Development of underground coal gasification technology is likely to create opportunities to the market growth in the future.
- Saudi Arabia is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
