Excerpt from this story from Earther/Gizmodo:
What if we could copy how plants create their own energy—and use it to power our world?
In a study published last week in Nature, researchers say they’ve created a prototype of a device with the potential to do just that. The team from the University of Cambridge described a floating solar “leaf,” which uses the power of the sun and the water to create fuel.
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“Our artificial leaves work similarly to plant leaves,” Virgil Andrei, a research fellow at the University of Cambridge and one of the study’s coauthors, said in an email. “However, instead of sugars, we are producing useful chemicals.”
The leaves that Andrei and his colleagues have created aren’t solar panels, which create electricity using solar energy. Rather, this technology uses sunlight to produce a chemical reaction—in this case, to create the components needed for liquid fuel. The leaves copy the photosynthetic process of plants using two different kinds of fuel cells made from lead perovskite, a type of solar cell, to produce the building blocks for syngas.
Synthesis gas, or syngas, is a combination of hydrogen and carbon monoxide molecules, and it’s a crucial component of many industrial processes. Syngas can also be used as a form of fuel itself, and there’s hope that syngas could take the place of other, dirtier fuels in processes like aviation and car engines. But syngas is often made using fossil fuels like coal and natural gas, meaning that it is still a significant source of emissions. The promise of devices like the leaf prototype is that they could eliminate the problems that come with traditional fossil fuel-based syngas.
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Syngas and Derivatives Market Insights 2022-2029: Industry Demand, Growth Rate, Sales, Size, Type, Top Manufacturers, and Current Trends
The latest update of the “Syngas and Derivatives Market” released by Fortune Business Insights™, Worldwide Industry Size, Share, Growth, Opportunities Analysis in 2022. The Syngas and Derivatives market report encompasses the systematic evaluation of the market situation for the forecast period. The report provides a comprehensive study of the Syngas and Derivatives market with complete insight into the global economy and competitive landscape for business investors. A thorough assessment of competitors and their offerings is conducted that will equip business owners to make strategically astute decisions. The Syngas and Derivatives market report focuses on thoroughly explaining market opportunities, trends, drivers, restraints, and other factors involved in the growth of the market.
SCOPE OF THE STUDY:
The Syngas and Derivatives Market Explosion. To Help Businesses Launch Beyond Borders. The Report Presents Statistics And Trends About The Syngas and Derivatives Market Industry Since 2022 And Also Gives Estimates Of The Future Of The Syngas and Derivatives Market Up To 2029.
RESEARCH METHODOLOGY:
Fortune Business Insights™ offers its clients comprehensive research and analysis based on a wide variety of factual inputs, which majorly include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the Syngas and Derivatives Market report requirements of a particular industry segment. These analytical tools and models distill the data & statistics and enhance the accuracy of our recommendations and advice.
LIST OF TOP KEY PLAYERS IN THE Syngas and Derivatives MARKET:
Syngas Technology LLC
Sasol Ltd.
Chicago Bridge & Iron Co. N.V.
Air Products & Chemicals Inc.
Air Liquide SA.
The Linde Group
Siemens AG
Haldor Topsoe A/S
BASF SE
AMEC Foster Wheeler Plc
Yara International
Methanex
CF Industries
and Linc Energy
MARKET LANDSCAPE:
The study comprises various parameters such as parent/peer market analysis, top player positioning in the base year, Porter’s five force analysis, value chain analysis, the impact of government regulations on the market, and market dynamics (drivers, restraints, and opportunities), which directly or indirectly impact the growth of the market.
KEY INSIGHTS OF Syngas and Derivatives MARKET REPORT:
Fortune Business Insights™ helps to analyze the value chain of a particular market from all participant’s perspectives.
The study includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder.
The Syngas and Derivatives Market dynamics include drivers, restraints, and opportunities of the market. Drivers state the factors that boost the growth of the market, whereas restraints are likely to hamper the market growth. Opportunities are the factors that act as the catalysts of the market.
All these factors, along with data facts, are covered in the study.
Parent/peer market analysis helps in understanding the parent market and estimating the share of the Syngas and Derivatives market in the parent market.
In some cases, it exhibits a comparative share analysis between the Syngas and Derivatives market and its peer products.
REGIONAL ANALYSIS:
North America Dominates Global Market Due to Development in Oil & Gas SectorNorth America holds the highest Syngas and Derivatives market share during the projected period due to rising oil and gas sector operations. Also, the development of hydraulic fracturing and drilling processes contributes to dominating the market share. The region stood at USD 9.19 billion in 2021 and dominated the global market.Asia Pacific is expected to hold the second-largest global market share during the forecast period, owing to increasing industrialization and commercialization in the region. Demand for plastic packaging is increasing, which bolsters market growth.
‣ North America: U.S., Canada, and Mexico
‣ Europe: Germany, UK, Italy, Spain, France, and the Rest of Europe
‣ Asia-Pacific: India, China, Japan, South Korea, Australia, and the Rest of Asia-Pacific
‣ LAMEA: Brazil, Saudi Arabia, South Africa, and the Rest of LAMEA
COVID-19 IMPACT ANALYSIS:
The outbreak of the COVID-19 pandemic significantly impacted the lives of people and the global economy. The report covers micro- and macro-economic COVID-19 impact analysis. In addition, the report provides a qualitative analysis of the impact of COVID-19 on the Syngas and Derivatives market. Moreover, the market size and share will reflect the impact COVID-19 has had on the Syngas and Derivatives market and subsequent years. In addition, the study outlines the key strategies adopted by the key players during the pandemic. Furthermore, the report highlights the impact of COVID-19 on the supply chain. Moreover, it discusses the influence of the roll-out of the vaccines and the reduction in the chance of infection on the Syngas and Derivatives market. Therefore, the report will focus on providing a post-COVID-19 impact analysis.
KEY BENEFITS FOR Syngas and Derivatives MARKET:
The Syngas and Derivatives market analysis covers in-depth information on major industry participants.
Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
Major countries have been mapped according to their individual revenue contribution to the regional market.
The report provides an in-depth analysis of the Syngas and Derivatives market during the forecast period (2022–2029).
The report outlines the current market trends and future scenarios of the global Syngas and Derivatives market to understand the prevailing opportunities and potential investment pockets.
The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.
SEGMENTATION AND TARGETING:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Syngas and Derivatives market is targeted to aid in determining the features the company should encompass in order to fit into the business requirements. For the Consumer-based market – the study is also classified with Market Maker information in order to better understand who the clients are, their buying behavior, and patterns.
KEY QUESTIONS ADDRESSED BY THE REPORT:
What is the main driving factor for the growth of the Asia Pacific Syngas and Derivatives market?
What are the restraining factors of the market?
Who are the key market players?
Which region holds the biggest market share?
What are the recent trends in the Asia Pacific Syngas and Derivatives market?
Table Of Content:
1 Market Overview
1.1 Syngas and Derivatives Introduction
1.2 Furthermore Market Analysis By Type
1.3 Furthermore Market Analysis By Applications
1.4 Furthermore Market Analysis By Regions
1.4.1 Furthermore North America (United States, Canada, And Mexico)
1.4.1.1 United States Market States And Outlook (2019-2026)
1.4.1.2 Canada Market States And Outlook (2019-2026)
1.4.1.3 Furthermore Mexico Market States And Outlook (2019-2026)
1.4.2 Furthermore Europe (Germany, France, Uk, Russia, And Italy)
1.4.2.1 Furthermore Germany Market States And Outlook (2019-2026)
1.4.2.2 Furthermore France Market States And Outlook (2019-2026)
1.4.2.3Furthermore Uk Market States And Outlook (2019-2026)
1.4.2.4 Furthermore Russia Market States And Outlook (2019-2026)
1.4.2.5 Furthermore Italy Market States And Outlook (2019-2026)
1.4.3 Asia-Pacific (China, Japan, Korea, India, And Southeast Asia)
1.4.3.1 China Market States And Outlook (2019-2026)
1.4.3.2 Japan Market States And Outlook (2019-2026)
1.4.3.3 Korea Market States And Outlook (2019-2026)
1.4.3.4 India Market States And Outlook (2019-2026)
1.4.3.5 Furthermore Southeast Asia Market States And Outlook (2019-2026)
1.4.4 South America, Middle East, And Africa
1.4.4.Furthermore 1 Brazil Market States And Outlook (2019-2026)
1.4.4.2 Furthermore Egypt Market States And Outlook (2019-2026)
1.4.4.3 Furthermore Saudi Arabia Market States And Outlook (2019-2026)
1.4.4.4 Furthermore South Africa Market States And Outlook (2019-2026)
1.4.4.5 Furthermore Turkey Market States And Outlook (2019-2026)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Furthermore Market Driving Force
2 Manufacturers Profiles
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