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The coal gasification market size is forecast to increase by USD 14.01 billion at a CAGR of 16.25% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The rise in global energy demand, particularly in emerging economies, is a major factor fueling market growth. Additionally, the increase in global coal production, especially from countries like China, India, and Australia, is providing an abundant supply of raw material for coal gasification.
However, environmental concerns surrounding coal gasification, including carbon emissions and water usage, pose challenges to market growth. To mitigate these challenges, advancements in clean coal technology and carbon capture, utilization, and storage (CCUS) are being explored to make coal gasification a more sustainable and eco-friendly energy solution.Overall, the market is expected to witness steady growth in the coming years as it provides a viable solution to meet the increasing energy demands while addressing environmental concerns.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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