How Big is the Gasification Market | Global Value, CAGR & Regional Insights 2025

Q: How big is the gasification market?

The gasification market was estimated at USD 5.9 billion in 2024 and is projected to reach USD 11 billion by 2031.

Q: What factors are driving the gasification market?

Major drivers include clean fuel demand, syngas applications, and waste-to-energy initiatives

Q: Who are the top companies in the gasification market?

Key players include GE, Siemens Energy, Air Liquide, Mitsubishi Heavy Industries, and Thyssenkrupp

Q: What are some recent trends in the market?

Trends include carbon capture-ready gasifiers, AI-integrated systems, and increased use of biomass feedstock

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6110

Publication Date: Jul 2025

What is the size of the Gasification Market?

According to 6Wresearch internal database and industry insights, the Global Gasification Market was estimated at USD 5.9 billion in 2024 and is projected to reach USD 11 billion by 2031, growing at a CAGR of 7.1% during the forecast period 2025â€“2031.

Due to rising energy demand, waste-to-energy adoption, and increasing interest in cleaner and efficient fuel production methods, the gasification market is predicted for the strong growth in the forthcoming years.

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Key Growth Drivers of the Gasification Market

Growing demand for cleaner energy from coal, biomass, and waste
Supportive government policies for renewable and low-emission energy
Increasing investments in waste-to-energy and circular economy projects
Rising use of syngas in power generation, chemicals, and fuels
Industrial shift toward low-carbon alternatives and energy diversification

Gasification Market Trends

Gasification market is experiencing growth with strong trends such as gaining momentum in decentralized energy projects and rural electrification. Further, the biomass and waste feedstocks are replacing fossil fuels. Also, the advanced gasifiers with higher efficiency and carbon capture integration are becoming mainstream in both industrial and utility-scale applications. All these trends are expanding the landscape of the market worldwide.

Emerging Developments in the Gasification Market

There are some emerging developments which are occurred in the gasification market that is plasma and supercritical water gasification technologies which are being explored for high-efficiency output. This market is integrated with carbon capture which is accelerating positively. At the other side, AI and automation are improving process control and output optimization. Modular gasification systems are emerging for distributed energy production.