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Syngas & Derivatives Market: Global Industry Analysis (2024-2030)
Syngas & Derivatives Market was valued at US$ 220.92 Bn. in 2023 and the total Syngas & Derivatives revenue is expected to grow at 9.3% from 2024 to 2030, reaching nearly US$ 411.71 Bn.
Syngas & Derivatives Market Overview:
The rapid growth of the global economy and the rise in the global oil price have exacerbated the world's energy and environmental concerns. Gas-to-liquid (GTL) techniques such as Fischer-Tropsch (FT) synthesis, methanol synthesis, and dimethyl ether (DME) synthesis have grown in importance and popularity. Aside from producing clean fuel, the results of GTL operations may be turned into a variety of different chemical products.
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