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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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From Turbine Supply to Ecosystem Building: Goldwind Outlines APAC Strategy at the APAC Wind Energy Summit

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HANOI, Vietnam, June 16, 2026 /PRNewswire/ — Speaking at the GWEC APAC Wind Energy Summit in Hanoi, Goldwind, a reliable global strategic partner in clean energy, reaffirmed its deep commitment to the Asia-Pacific region. Operating in 10 countries across APAC, Goldwind is driving the region’s energy transition through deep localization, ecosystem collaboration, and tailored clean energy solutions.

Drawing on two decades of international experience, Goldwind articulated a clear evolution at the summit: true globalization is not just about “going global” — it is about “landing well.” This strategic shift from pure market expansion to ecosystem building has already delivered tangible results. Goldwind’s cumulative installed capacity now exceeds 165 GW across 49 countries.

Across Asia Pacific, Goldwind delivers diversified, tangible impact: grid-forming storage in Australia, talent cultivation, localized supply chain and rapid delivery in Vietnam, typhoon-resilient designs in the Philippines, and hybrid towers that boost output in Thailand.

Dong Yinming, CEO of Goldwind Asia, emphasized in his keynote address at the summit:

“In Asia, our commitment goes beyond delivering turbines — we strive to be a locally-rooted system partner, supporting projects across the full lifecycle to create long-term value. Empowering local projects with global expertise and deeply cultivating the Asia-Pacific market — that is what true ‘landing well’ means for a greener, more prosperous region.”

 

Wu Kai, Vice President of Goldwind, added:

“Scaling wind power in Asia requires more than just installing additional turbines. It demands innovative solutions tailored to the region’s unique complexity. Closing the gap between ambition and implementation in Asia’s wind sector takes more than any single company. Let’s share what works, learn from each other, and co-create solutions that deliver lasting value — for the industry, for communities, and for the future.”

Looking ahead, Goldwind aims to deepen its local roots across every market it serves, empowering Asia’s energy transition with global expertise and local adaptation. As the region accelerates toward a green future, Goldwind remains committed to being a trusted, long-term partner — rooted in APAC, thriving together.

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SOURCE Goldwind

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Bambu Lab Launches PLA Pure: A Filament Made for Printing Where You Live

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AUSTIN, Texas, June 15, 2026 /PRNewswire/ — As desktop 3D printers become a fixture in homes around the world, Bambu Lab – one of the fastest-growing companies in the consumer 3D printing space – is raising the bar on what a home printing filament should be. Today, Bambu Lab announced the launch of PLA Pure, a filament engineered for cleaner, safer home 3D printing, with every ingredient certified compliant with EU 10/2011, the European regulation governing plastics intended for food contact.

Five Ingredients. Each One Earned Its Place.

PLA Pure draws on materials you encounter in everyday life:

Polylactic acid (PLA) – derived from corn and sugarcane.Acrylic copolymer – commonly found in children’s toys.Color pigments – also used in baby tableware.EBS (ethylene bis-stearamide) – familiar from food packaging films.Talc – used in products such as biodegradable drinking straws; independently tested by a third party and verified asbestos-free.

Every ingredient appears on the EU 10/2011 positive list with a traceable FCM (Food Contact Material) substance number. Raw materials are supplied by global manufacturers including TotalEnergies Corbion, Dow, Chemours, and BASF, making compliance and traceability straightforward.

Most filaments marketed as food-contact compliant are tested only as finished products. PLA Pure is verified ingredient by ingredient, from the base material to the pigments.

Cleaner Air at Your Desk

Since printing often happens in living spaces, emissions matter. PLA Pure carries UL 2904 GREENGUARD certification*, the recognized standard for 3D printer emissions that measures particulate matter and Volatile Organic Compounds (VOCs) for indoor air quality impact.

Particle and VOC levels during printing fall below what’s typically present in an average kitchen, living room, or office.In a four-hour continuous printing test conducted by an accredited laboratory, PLA Pure produced lower PM2.5 and PM10 emissions than a comparable filament under identical conditions.Proper ventilation is still recommended to minimize inhalation of any printing byproducts.

Bambu Lab’s PLA Basic also holds indoor air quality certification under the same standard, but PLA Pure’s cleaner ingredient profile yields even lower emission levels-particularly relevant when printing near children, pets, or in shared living spaces.

*Testing was conducted on Bambu Lab A1 and A2L printers, both open-deck models without enclosure or filtration. This setup represents the baseline emission scenario, where filament emissions are measured directly without any additional containment.

Safety Is One Thing. Reliability Is Another.

Most filaments rely on impact modifiers and flow agents to achieve consistent print results. PLA Pure takes a different approach: to keep the formula to five food-safe ingredients, Bambu Lab rebuilt the formulation from scratch—iterating until the chemistry alone could deliver what additives typically do. The result is less residue, reduced nozzle buildup, and more consistent extrusion spool after spool.

Less stringing — even without prior drying, PLA Pure produces noticeably fewer strings than typical third-party filaments.Cleaner surfaces — finished parts require less post-processing.Strength intact — PLA Pure matches PLA Basic in mechanical performance, with layer adhesion comparable to most PLA materials on the market.

All printing parameters are stored in the RFID tag and automatically read by the AMS system. Load the spool, let the material synchronize itself, and start printing. No guesswork required.

Toy Safety

The material has also passed EN 71-3 certification, the European safety standard that governs the migration of certain elements from toy materials. The standard’s main concern is whether potentially harmful elements-such as lead, cadmium, chromium, and other heavy metals-can leach out of a material when a child handles, mouths, or swallows it. It also sets strict limits on the permissible migration of each.

Passing this test makes the material suitable for models meant to be handled and played with: a toy kitchen plate, a small car, a cat toy.

As with any 3D-printed toy, common sense still applies. Small parts and support structures can pose a choking hazard, edges may be sharp, and the material is combustible. Models should be selected appropriately, and children should be supervised during play.

A Note on Application

These certifications apply to the filament itself and its ingredients. Whether a specific printed object is suitable for a particular application depends on factors such as equipment hygiene (especially nozzle cleanliness), printing conditions, and how the object is ultimately used. Because of the layered structure of FFF prints, they are not suitable for liquid foods, and PLA itself should not be exposed to temperatures above 60°C (like putting 3D prints into dishwashers). Bambu Lab recommends that users consider these factors when selecting a material for a specific application. PLA Pure provides a fully documented ingredient profile-the rest of the decisions are yours to make with confidence.

Availability

PLA Pure is available now at Bambu Lab Official Store

Price: USD 24.99 (With Spool)/ USD 21.99 (Refill)

Additional details regarding availability, colors, and variants will be announced separately.

About Bambu Lab

Bambu Lab is a consumer-tech company focusing on desktop 3D printers. Its state-of-the-art 3D printers offer a feature-rich, first-class experience for a global community of 3D printing makers, aiming to break the barriers between the digital and physical worlds and bring creativity to a whole new level. Bambu Lab sells its 3D printers, filaments, and accessories on its official website, serving customers across 30+ countries.

Learn more at https://www.bambulab.com. 

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SOURCE Bambu Lab

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UROVO DT610 Pro: The Rugged AI Terminal Redefining Frontline Productivity

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SINGAPORE, June 15, 2026 /CNW/ — UROVO, a global leader in enterprise mobility solutions, unveiled the DT610 Pro, a next-generation ultra-rugged intelligent terminal purpose-built to empower frontline operations across industries. Designed to withstand the toughest environments, DT610 Pro combines enterprise-grade durability with cutting-edge AI capabilities to redefine workforce productivity.

In today’s fast-paced digital economy, frontline workers face increasing operational pressure. Field engineers must diagnose equipment failures on the spot, delivery drivers operate in extreme weather, and warehouse staff respond to sudden surges in order volume. Any device failure can disrupt critical workflows, making reliability and performance essential.

The DT610 Pro is purpose-built for frontline operations. Powered by the Qualcomm Q-6690 4nm platform with a dedicated 6 TOPS AI engine, it enables real-time OCR, intelligent data capture, and voice-assisted workflows directly on the device–without cloud dependency. This delivers faster response times, lower latency, and reliable performance for demanding enterprise workloads, while long-term platform support through 2034 helps maximize device lifecycle value.

Enterprise-grade ruggedness sets DT610 Pro apart from consumer devices. Rated IP68, and capable of surviving 1.8-meter drops while operating reliably from -20°C to 60°C, it minimizes downtime and reduces total cost of ownership.

Frontline workers benefit from a hot-swappable battery for uninterrupted full-shift operation and a sunlight-readable display built for demanding environments. Combining FlexRange barcode scanning (5 cm–10 m), high-performance RFID reading, and a 3-sided NFC design, the DT610 Pro delivers an all-in-one data capture platform for frontline operations. Workers can efficiently scan barcodes, track assets, verify IDs, card emulation, and enable contactless payments from virtually any angle. A 50MP autofocus camera with AI-powered OCR further streamlines delivery verification, document digitization, and field data collection, helping businesses boost productivity and operational efficiency.

Connectivity is critical for uninterrupted workflows. In warehouses, DT610 Pro’s Wi-Fi 7 with 2×2 MU-MIMO delivers wired-like speeds in high-density environments, while Multi-Link Operation (MLO) keeps connections stable with instant failover, lower latency, and rock-solid reliability. For field operations, 5G connectivity ensures instant work order updates, image capture, and data synchronization wherever work happens.

“Frontline operations don’t wait–and neither should the technology that supports them,” said Zhang Bo, CTO at UROVO. “DT610 Pro is not just a device; it’s a long-term investment in operational efficiency, workforce productivity, and business continuity.”

The DT610 Pro represents the next evolution in intelligent rugged devices, delivering performance, reliability, and future-ready AI capabilities for every shift, every environment, and every mission.

About Urovo
Founded in 2002, UROVO is the world’s leading industry application enabler, specializing in AI, Mobility, Barcode and RFID Technologies, Printers, and Payment Terminals. Committed to technological advancement, we provide cutting-edge digital solutions that drive smart transformation for clients across industries such as logistics, retail, finance, healthcare, manufacturing, government, and transportation.

By integrating pioneering innovations into business processes, we enable our clients to meet their strategic goals with unmatched efficiency and precision, fostering sustainable growth.

Website: https://en.urovo.com/

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