Press Release / Business / Gas to liquid Market Revenue, Business Opportunity, Global Industry Forecast And Updated Key player by-2022
Gas to liquid Market Revenue, Business Opportunity, Global Industry Forecast And Updated Key player by-2022
By tejasamale on January 25 2019 | 327 Views
global GTL market is expected to reach a market size of USD 16,374.5 million by the end of the forecast period at CAGR of 7.42%.
Market Research Future (MRFR) has announced a new research report on the Global Gas to Liquid Market. The report takes into account all relevant parameters about the market to provide a clear picture of the market’s current condition and future growth prospects.
Gas to liquid refers to a refinery process used to convert natural gas into liquid fuels such as diesel, gasoline, or naphtha. The gas to liquid market has experienced rapid growth in recent years due to the higher convenience of liquid fuels in terms of transportation and storage. Liquid fuels obtained from the gas to liquid process are also often of a better quality than their naturally occurring liquid counterparts. Liquid naphtha obtained from natural gas, for instance, is far superior over conventional naphtha in terms of providing ethylene and propylene. Diesel fuel produced by the gas to liquid method carries very low amounts of sulfur and significantly lower volumes of nitrous pollutants and particulates in comparison to conventional diesel fuel.
The global Gas to liquid Market is expected to rise to a valuation of USD 16,374.5 million by rising at a CAGR of 7.42% over the forecast period (2017-2022).
Competitive Analysis:
Leading players in the Global Gas to Liquid Market include Royal Dutch Shell plc, Sasol Limited, Velocys plc, OLTIN YO’L GTL, Oryx GTL, PetroSA, and Chevron Corporation.
A Sample of This Report Is Available upon Request @ https://www.marketresearchfuture.com/sample_request/5053
Segmental Analysis:
The Global Gas to Liquid Market is segmented on the basis of Application, Product, and Region.
On the basis of Application, the Global Gas to Liquid Market is segmented into fuel oil, lubricating oil, process oil, and others.
On the basis of Product, the Global Gas to Liquid Market is segmented into GTL diesel and GTL naphtha.
Regional Analysis:
The Global Gas to Liquid Market is segmented into Qatar, the U.S., Nigeria, South Africa, and Malaysia. Qatar accounts for the dominant share in the global gas to liquid market, accounting for almost four times as much of the market as the next largest regional market, South Africa. The growing popularity of gas to liquid products is likely to drive the GTL industry in Qatar, as it has been a massive part of the country’s economic rise in recent years.
In December 2018, Qatar announced plans to leave OPEC in January 2019, in an effort to move out of oil-based politics and maximize its natural gas output. This is likely to further drive the gas to liquid market in the country over the forecast period.
Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/gas-to-liquid-market-5053
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Process
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continue……..
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