According to a new market research report published by Market Research Future Gas to Liquid (GTL) Market Analysis From 2019 to 2023 by Product (GTL Diesel and GTL Naphtha), by Application (Fuel Oil, Lubricating Oil, Process Oil and others) and by Region, the global Gas to Liquid market accounted to hit the market value of USD 20,387.33 million in 2025 and expected to witness CAGR of 7.55% across the forecast period through 2019 to 2025. Report provides comprehensive information on Global Gas to Liquid Market key players, share, Sales, revenue, industry size in terms of volume.
Key Companies Covered:
Royal Dutch Shell (Netherlands), Chevron Corporation (US), Sasol Limited (South Africa), Petro SA (South Africa), Velocys PLC (US), ORYX GTL (Qatar), OLTIN YO’L GTL (Uzbekistan), Linc Energy (Australia), Compact GTL (UK), Primus Green Energy (US), Gas Techno (US), and NRG Energy (US).
Free Sample Copy of Gas to Liquid Market Research Report Global Forecast to 2025available at: https://www.marketresearchfuture.com/sample_request/5053
Gas to Liquid Industry Insight:
Gas to Liquid or GTL is the process in which gas is converted into the gasoline. The global gas to liquid market is expected to witness substantial growth during the forecast period. GTL diesel segment is dominating the market due to its better quality as compared to the conventional refinery diesel produced from crude oil. The global gas to liquid market is anticipated to expand by achieving a valuation of USD 20,387.33 million by 2025. The target of valuation is set to reach at 7.55% CAGR during the forecast period.
The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
The upsurge in fossil fuel depletion has led to the development of the gas to liquid market globally. The market is anticipated to develop positively due to the escalated use of fuel oil in boilers and other equipment for producing heat and energy. The stringent carbon emission targets instated globally are expected to add to the development of the gas to liquid market in the forecast period.
Furthermore, not to forget, the ongoing progressions in technology coupled with guidelines that various governments have implemented such as Oilfields Act of 1948, Oil Industry Act, 1974 and Petroleum and Natural Gas Regulatory Board Act, 2006 are also anticipated to boost conservation of petroleum products in different end-users or sectors of the economy.
Gas to Liquid Market Segment Analysis:
The global gas to liquid (GTL) market has been segmented based on product and application.
Based on application, the global gas to liquid (GTL) market has been segmented into fuel oil, lubricating oil, process oil, and others. In terms of application: It includes fuel oil, lubricating oil, process oil, and others. Fuel oil grabbed the largest market share, and fuel oil is the advanced heavy fuel oil that is used in boilers and other equipment for generating heat and energy in manufacturing operations and processes.
Based on product, the gas to liquid (GTL) market has been segmented into GTL naphtha and GTL diesel.
Regional Outlook:
The global Gas to Liquid market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
Among these, Middle East & Africa region is estimated to be a prominent one for the gas to liquid market. Moreover, Qatar is anticipated to own the most significant market share in the Middle East & African region. According to the US EIA 2015, Qatar is a global leader in gas to liquid technologies and has low operational facilities in the country. The Oryx GTL plant is a joint venture of Qatar Petroleum (51 percent) and Sasol-Chevron (49 percent as the plant can produce 30,000 barrels per day of gas to liquid products.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 MACRO INDICATORS INFLUENCING THE GLOBAL GAS TO LIQUID MARKET FOR TOP FIVE COUNTRIES
TABLE 4 IMPORT ANALYSIS OF GAS TO LIQUIDS, 2013-2017 (UNITS)
TABLE 5 EXPORT ANALYSIS OF GAS TO LIQUIDS, 2013-2017 (UNITS)
TABLE 6 PROPORTION OF MANUFACTURING COST STRUCTURE
TABLE 7 LABOR COST ANALYSIS
Continued…
List of Figures:
FIGURE 1 GLOBAL GAS TO LIQUID MARKET: MARKET STRUCTURE 17
FIGURE 2 RESEARCH PROCESS OF MRFR 20
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACHES 23
FIGURE 4 DROC ANALYSIS OF GLOBAL GAS TO LIQUID MARKET 25
FIGURE 5 INTERNATIONAL TOURIST ARRIVALS, 2016 VS 2017 (MILLION) 26
FIGURE 6 DRIVERS IMPACT ANALYSIS: GLOBAL GAS TO LIQUID MARKET 27
FIGURE 7 RESTRAINTS IMPACT ANALYSIS: GLOBAL GAS TO LIQUID MARKET 28
FIGURE 8 SUPPLY CHAIN: GLOBAL GAS TO LIQUID MARKET 31
FIGURE 9 PORTERS FIVE FORCES MODEL: GLOBAL GAS TO LIQUID MARKET 32
FIGURE 10 MARKETING CHANNEL OF GAS TO LIQUID 40
Continued…
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