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Gasification Market size is set to grow by USD 116.6 billion from 2024-2028, Rise in global energy demand boost the market, Technavio

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NEW YORK, June 24, 2024 /PRNewswire/ — The global gasification market size is estimated to grow by USD 116.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.36%  during the forecast period. Rise in global energy demand is driving market growth, with a trend towards rise in global coal production. However, high operating and maintenance costs  poses a challenge. Key market players include Air Liquide SA, Air Products and Chemicals Inc., Andritz AG, Basin Electric Power Cooperative, CASE GROUP, China National Chemical Engineering Co. Ltd., Chiyoda Corp., EQTEC Plc, General Electric Co., KBR Inc., Larsen and Toubro Ltd., Linde Plc, McDermott International Ltd., Mitsubishi Heavy Industries Ltd., Oil and Natural Gas Corp. Ltd., Shell plc, Siemens AG, Synthesis Energy Systems Inc., ThermoChem Recovery International Inc., and thyssenkrupp AG.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Gasification Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2024-2028

USD 116.6 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.1

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 48%

Key countries

China, US, Germany, India, and UK

Key companies profiled

Air Liquide SA, Air Products and Chemicals Inc., Andritz AG, Basin Electric Power Cooperative, CASE GROUP, China National Chemical Engineering Co. Ltd., Chiyoda Corp., EQTEC Plc, General Electric Co., KBR Inc., Larsen and Toubro Ltd., Linde Plc, McDermott International Ltd., Mitsubishi Heavy Industries Ltd., Oil and Natural Gas Corp. Ltd., Shell plc, Siemens AG, Synthesis Energy Systems Inc., ThermoChem Recovery International Inc., and thyssenkrupp AG

Market Driver

The global gasification market is anticipated to experience growth due to the increasing coal production worldwide. China, as the largest coal producer, is a significant contributor to this trend. The relaxation of import restrictions in China has stimulated production in countries like Indonesia and the US. Furthermore, Russia and India are also increasing their coal output, aligning with their governments’ goals to reduce coal imports. This rising coal production is expected to positively impact the gasification market during the forecast period. 

The Gasification market is experiencing significant growth, driven by the increasing demand for sustainable energy solutions. Fuel and feedstocks, such as biomass and coal, are commonly used in gasification processes. These processes convert organic materials into synthetic gas, which can be utilized for power generation and industrial applications. The use of Chemicals and chemicals in the process is crucial for efficient gasification. Power and thermochemical processes are trending in the industry, with an emphasis on reducing greenhouse gas emissions. Carbon monoxide and hydrogen are key components of synthetic gas, making gasification an attractive option for decarbonization efforts. The market is expected to continue growing, with an increasing focus on improving efficiency and reducing costs. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The gasification market faces challenges due to the high costs associated with waste-to-energy methods like incineration and landfilling. Incineration plants require substantial investments and ongoing expenses, which can be influenced by factors such as plant size, local infrastructure, design, energy utilization, and waste disposal. Landfilling costs also vary based on location. These expenses may hinder the adoption of efficient gasification processes and limit market growth during the forecast period.The gasification market faces several challenges in the combustion industry. Technological difficulties in achieving high efficiency and low emissions remain a concern. Carbon monoxide and dioxide production are significant issues that need to be addressed. The use of catalysts and proper temperature control is essential to minimize these gases. The cost of implementing and maintaining gasification systems is also a challenge for many businesses. Additionally, the availability and cost of feedstocks can impact the profitability of gasification projects. Proper planning and careful consideration of these factors are crucial for success in the gasification market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This gasification market report extensively covers market segmentation by  

Feedstock 1.1 Coal1.2 Biomass/waste1.3 Natural gas1.4 PetroleumApplication 2.1 Chemical2.2 Liquid fuel2.3 Gaseous fuel2.4 PowerGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Coal-  The International Energy Agency reports a 1.4% increase in global coal demand in 2023, driven by economic growth. Countries aim for net-zero emissions, but coal gasification offers a solution. This technology converts coal into clean chemicals, fuels, power, and blends, reducing environmental impact. Economically, coal gasification is more cost-effective than offshore wind power, making it an attractive clean energy choice, particularly in developing economies.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Gasification Market encompasses various types of gasifiers, including fixed bed, entrained-flow, and fluidized-bed gasifiers. These technologies convert carbonaceous raw materials, such as biomass/waste, coal, and petroleum into Syngas (a mixture of hydrogen, carbon monoxide gas, and other impurities like carbon dioxide and water). The resulting Syngas can be utilized in multiple sectors: Chemical segment for producing fuels like Ammonia and Methanol; Liquid fuel segment for upgrading Syngas into transportation fuels; Power segment for generating electricity; and Gaseous fuel segment for direct use as fuel. The Gasification Market is significantly influenced by industrialization and urbanization trends, with increasing demand for cleaner and more efficient energy sources. According to the BP Statistical Review, the global gas consumption for power generation and industrial processes has been growing steadily, with natural gas and coal being the primary feedstocks. The Gasification Market is expected to continue expanding due to the increasing focus on thermochemical conversion processes for producing Hydrogen as a low-carbon fuel.

Market Research Overview

The Gasification market refers to the global industry dedicated to the conversion of organic materials into synthetic gas through the process of gasification. This process involves the partial oxidation of carbon-containing materials in the absence of oxygen, resulting in a synthetic gas called synthesis gas or producer gas. The generated gas can be further processed to produce hydrogen, methanol, or other chemicals. The Gasification market is driven by the increasing demand for cleaner and more efficient energy sources, as well as the growing focus on reducing greenhouse gas emissions. The market is segmented based on feedstock type, technology type, and application. Feedstocks include biomass, coal, and natural gas, while technologies include fixed bed, fluidized bed, and entrained flow. Applications include power generation, chemical production, and industrial processes. The Gasification market is expected to grow significantly in the coming years due to its ability to provide a sustainable and versatile energy solution.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

FeedstockCoalBiomass/wasteNatural GasPetroleumApplicationChemicalLiquid FuelGaseous FuelPowerGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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AKEEYO to Showcase 711Air, 750S and H2 Ride Cameras at EICMA 2026

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SHENZHEN, China, Oct. 26, 2026 /PRNewswire/ — AKEEYO, a brand dedicated to dash cams and ride cameras, will exhibit at EICMA 2026, November 3–8 at Fiera Milano Rho, Italy. At Hall 24, Booth B67, the brand will showcase the 710Lite, 730Pro, 750Lite, 750S, 711Air and H2, spanning lightweight recording, 4K image quality and helmet-view capture.

711Air Makes Everyday Recording Simple

Weighing just 80g, the new 711Air adds minimal weight to a helmet, while its 1800mAh battery supports 8–10 hours of recording. One-touch quick recording, with vibration feedback confirming power on/off and recording start/stop, means riders never need to look at the camera. It also offers up to 36 hours of Always On Video (AOV) monitoring, plus 2.4GHz Wi-Fi, app connectivity and over-the-air (OTA) firmware updates.

750S Captures the Road in True 4K HDR

The 750S combines true 4K HDR recording with electronic image stabilization (EIS) for detailed, steadier riding footage. Dual-band Wi-Fi supports stable connections and efficient video transfers, while app access and OTA firmware updates simplify video management and keep the camera up to date. It is designed for touring riders, cyclists and anyone seeking high-quality recordings.

H2 Records from the Rider’s Perspective

Designed for helmet-view recording, the H2 features dual 1080p cameras that capture two perspectives at once, along with 8–10 hours of runtime and a 3-second quick-release mount. Its lightweight, easy-to-use design suits daily rides and longer motorcycle journeys.

Also on display are the AKY-730Pro 4K touchscreen camera, the ultra-compact AKY-710Lite and the endurance-focused 750Lite.

Visit AKEEYO at EICMA 2026

Dates: November 3–8, 2026
Booth: Hall 24 • Booth B67
Venue: Fiera Milano Rho
Address: Strada Statale del Sempione 28, 20017 Rho (MI), Italy

For AKEEYO, EICMA 2026 is the right stage to introduce the 711Air to riders, media and the global two-wheeler industry. Visitors can handle the 80g body and try one-touch recording in person, and dealers and distributors interested in partnering with AKEEYO are welcome to fill out the inquiry form.

About AKEEYO

AKEEYO designs dash cams and ride cameras for cars, motorcycles and bicycles, helping users record the road and relive their journeys.

Website: www.akeeyo.com 

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For A Bright Future Foundation Launches NextGen Finance Lab Across Manhattan High School District, New York

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District-wide rollout brings project-based financial literacy and professional mentorship to Manhattan’s 50 public high schools, building on a successful pilot at Jacqueline Kennedy Onassis High School

NEW YORK, Oct. 26, 2026 /PRNewswire/ — Louis Hernandez Jr.’s Foundation For A Bright Future (“For A Bright Future,” “FABF”), a 501(c)(3) nonprofit organization dedicated to expanding educational opportunity for underserved youth, today announced the district-wide expansion of its NextGen Finance Lab program into the Manhattan High School District. In partnership with the Manhattan High School District Team, under the supervision of Superintendent Gary Beidleman, FABF will launch the program’s first cohort of 8 high schools this fall, with plans to bring the NextGen Finance Lab to additional Manhattan high schools in the semesters that follow as part of a phased, district-wide rollout.

“At Jacqueline Kennedy Onassis, we saw firsthand what this program can do. Our students left Pitch Like A Dragon more confident, more articulate, and more prepared to manage their own financial futures than I’ve seen from any other initiative we’ve run. I’m proud that the model our students and teachers helped build is now reaching classrooms across Manhattan,” said Manuel A. Ureña, Principal, Jacqueline Kennedy Onassis High School.

The NextGen Finance Lab is a project-based financial literacy program that integrates the Dave Ramsey Financial Literacy curriculum with FABF’s FinTech mentorship ecosystem. Throughout the program, students build core skills in budgeting, saving, debt elimination, investing, and entrepreneurship, while working directly with FinTech industry professionals who share real-world perspective on banking, digital wallets, investing, and career pathways in financial technology. The program culminates in “Pitch Like A Dragon,” a school-level and district-level competition in which student teams pitch original business and FinTech concepts to a panel of industry leaders, venture capitalists, and New York City business professionals, with scholarship awards presented to top teams.

“This expansion is proof of what’s possible when a nonprofit, a school district, and industry partners commit to the same goal. Everything we’re scaling today started as a pilot at Jacqueline Kennedy Onassis High School, where educators and students helped shape the curriculum and the ‘Pitch Like A Dragon’ event structure now being adopted by seven more schools this fall. That’s how one school’s success becomes a lasting pathway for thousands of students across Manhattan,” said Gina Rogoto, SVP, Operations and Programs, For A Bright Future Foundation.”This expansion demonstrates the collective impact achievable through aligned partnerships. The model shaped at  Jacqueline Kennedy Onassis (JKO) High School now serves as a lasting foundation for advancing financial literacy for thousands of students across Manhattan,” said Gina Rogoto, SVP, Operations and Programs, FABF. The success at JKO High School, now fueling district‑wide deployment, was strengthened by the guidance of FABF’s Consultant in Academic Affairs and former Senior Deputy Chancellor of the NYC Department of Education, whose deep expertise helped shape a program adaptable to each school’s unique vision and academic priorities.

FABF and the Manhattan High School District Team have confirmed the following schools for the initial launch cohort:

Leadership and Public Service High SchoolJacqueline Kennedy Onassis High SchoolHigh School for Law and Public ServiceMurry Bergtraum High School for Business CareersHigh School of Fashion IndustriesHudson High School of Learning TechnologiesMott Hall High School: Finance Lab ProgramFood and Finance High School

FABF’s long-term goal is to bring the NextGen Finance Lab to all 50 high schools in the Manhattan District, expanding in phased cohorts over the coming semesters.

“As someone who spent a career in financial services, I know how much of a difference it makes when young people are exposed to these concepts early. This program doesn’t just teach students about money; it gives them the confidence to pitch real ideas, take feedback, and think like entrepreneurs,” said Benson Porter, Program Chairman, NextGen Finance Lab, FABF.

About For A Bright Future Foundation

Louis Hernandez Jr’s Foundation For A Bright Future is a 501(c)(3) not-for-profit organization that empowers underserved youth with equitable access to education, technology, financial capability, and wellness. We help students develop future‑ready skills that unlock lifelong opportunity and support thriving global communities. Learn more at www.fabff.org. 

FABF operates programs nationwide, including the NextGen Finance Lab, the NextGen Media Creators Lab, the merit- and need-based scholarships, and youth leadership development, working directly with schools, districts, and industry leaders to bridge opportunity gaps for the next generation.

Media Contact
Gina Rogoto, SVP, Operations and Programs
For A Bright Future Foundation
gmr@forabrightfuturefoundation.org

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SOURCE Louis Hernandez Jr.’s Foundation For A Bright Future

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VOICEBUDS, A QUIETER WAY TO WORK WITH VOICE, NOW AVAILABLE FOR HOLIDAY SHIPPING

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Voicebuds reinvent earbuds for personal voice computing, even below a whisper

SAN MATEO, Calif., Oct. 26, 2026 /PRNewswire/ — Subtle announced today that Voicebuds, its award-winning private voice computing device, is available to ship in time for the 2026 holiday season, with customers ordering by December 10th receiving their devices by December 24th.

Since Voicebuds were unveiled in January, AI voice dictation has surged in popularity, but the fundamental problems with voice input remain unsolved. Dictating aloud is awkward in open offices, offers little privacy in public spaces, and remains unreliable when others are speaking nearby.

With Voicebuds, Subtle has reinvented the earbud as a private voice interface that works even at a whisper. The device combines Subtle’s breakthrough voice isolation technology with an AI voice computing app for iPhone and Mac, enabling discreet, reliable voice computing in the places where people actually live and work. Voicebuds serve as both premium everyday earbuds for music and calls, and a personal computing device for voice dictation and AI. They are designed for voice productivity in crowded commutes, quiet libraries, noisy cafes, and shared spaces where traditional voice tools have always failed.

“It’s been inspiring to hear from our beta testers using Voicebuds to prompt AI in shared offices without booking a quiet booth, dictate on planes without bothering their seatmates, and take calls amid the noise and bustle of their daily lives,” said Tyler Chen, cofounder and CEO of Subtle. “We’re incredibly excited to put Voicebuds in the hands of all of our customers just in time for the holidays and hear what new use cases they come up with.”

In Subtle’s internal testing across real-world noise environments, Voicebuds delivered up to 5X fewer transcription errors than AirPods Pro 3 combined with leading AI dictation software.

Voicebuds offer:

Subtle voice dictation: Write with voice in any app on iPhone and Mac, without being overheard.Voice notes: Capture thoughts and ideas instantly, and access them across multiple devices.Contextual AI chat: Brainstorm with an AI assistant, without being overheard.Music and calls: Everyday listening, noise cancellation, multipair connectivity and clear calls.

For holiday shoppers, Voicebuds replace multiple devices and apps as a single product for listening, communication, and voice computing that finally works in the real world.

Voicebuds are available starting today for $249 in either Parchment White or Ink Black. Voicebuds ship with a 1-year membership to the Subtle app for iPhone and Mac, providing a complete voice productivity experience across dictation, contextual AI chat, and cross-device voice notes. After year one, users can continue the full Subtle Pro membership for $17 per month, or switch to the free tier anytime with full earbud functionality and limited AI usage.

Customers can order now at subtle.co.

About Subtle

Subtle is pioneering personal voice computing technology, designed to make voice the most effective, trusted interface anywhere. Its machine learning technology powers consumer hardware for whispered, private, and noise-resilient voice AI that works in real-world environments. Founded by Stanford engineers and based in the San Francisco Bay Area, Subtle is supported by funding from Entrada Ventures, Amplify Partners, Abstract Ventures, and founders of Twitter, Pinterest, and Perplexity. Learn more at subtle.co.

Media Contact

press@subtle.co

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SOURCE Subtle Computing

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