
South-East Asia Syngas Market Analysis
The South-East Asia Syngas Market is expected to register a CAGR of greater than 9% 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.
- Indonesia is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
South-East Asia Syngas Market Trends
Increasing Usage in Power Generation Industry
- The power industry is the backbone of the industrial sector that supplies essential energy to industrial, commercial, manufacturing, and residential customers.
- Synthesis gas plays a huge role in power generation, as it is used as an intermediate in creating synthetic natural gas (SNG), which has various application, such as:
- IGCC plants use gasifiers that convert coal or any other carbon-based materials to syngas, which is used in driving a combined cycle turbine to generate electricity. IGCC plants can achieve efficiencies of 45% and have low emissions, since the fuel is cleaned before it is fired in the gas cycle turbine.
- Biogas, which is a form of renewable energy, can be obtained through thermochemical gasification of synthetic gas.
- Gasification and pyrolysis processes produce a combustible synthetic gas that can either be used to produce electricity, or further refined and upgraded for direct generation in a gas turbine or engine.
- The aforementioned factors have been boosting the demand for syngas in the region, in the recent times.

Indonesia to Dominate the Market
- The Indonesian power generation sector has witnessed a significant growth during the past five years.
- Growing population in the country, rising per capita income, and structurally lower electrification ratio, together, indicate rapid growth for the electricity demand during the forecast period.
- With the current slowdown in the mining sector, some rebalancing of economic growth toward manufacturing is likely to take place over the forecast period.
- The chemical manufacturing sector in the country is growing, due to the increasing demand for chemicals in various applications.
- Overall, the growing end-user industries in the country are projected to drive the market during the forecast period.

South-East Asia Syngas Industry Overview
The South-East Asia (SEA) syngas market is fragmented in nature. Key players in the market include Air Products and Chemicals, Inc., Linde plc, Air Liquide, and Haldor Topsoe A/S, among others.
South-East Asia Syngas Market Leaders
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Air Products and Chemicals, Inc.
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Linde plc
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Air Liquide
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Haldor Topsoe A/S
- *Disclaimer: Major Players sorted in no particular order

South-East Asia Syngas Industry Segmentation
The South-East Asia (SEA) syngas market report includes:
Feedstock | Coal | ||
Natural Gas | |||
Petroleum | |||
Pet-coke | |||
Biomass | |||
Technology | Steam Reforming | ||
Partial Oxidation | |||
Auto-thermal Reforming | |||
Combined or Two-step Reforming | |||
Biomass Gasification | |||
Gasifier Type | Fixed Bed | ||
Entrained Flow | |||
Fluidized Bed | |||
Application | Power Generation | ||
Chemicals | Methanol | ||
Ammonia | |||
Oxo Chemicals | |||
n-Butanol | |||
Hydrogen | |||
Dimethyl Ether | |||
Liquid Fuels | |||
Gaseous Fuels | |||
Geography | Indonesia | ||
Thailand | |||
Malaysia | |||
Singapore | |||
Philippines | |||
Vietnam | |||
Rest of South-East Asia (SEA) |
South-East Asia Syngas Market Research FAQs
What is the current South-East Asia (SEA) Syngas Market size?
The South-East Asia (SEA) Syngas Market is projected to register a CAGR of greater than 9% during the forecast period (2025-2030)
Who are the key players in South-East Asia (SEA) Syngas Market?
Air Products and Chemicals, Inc., Linde plc, Air Liquide and Haldor Topsoe A/S are the major companies operating in the South-East Asia (SEA) Syngas Market.
What years does this South-East Asia (SEA) Syngas Market cover?
The report covers the South-East Asia (SEA) Syngas Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South-East Asia (SEA) Syngas Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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SEA Syngas Industry Report
Statistics for the 2025 South-East Asia (SEA) Syngas market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South-East Asia (SEA) Syngas analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.