Fior Markets has launched a report namely Global Gas-to-liquid (GTL) Market Growth 2019-2024 which contains all analytical and statistical brief summary regarding market summary, growth, demand, and forecast analysis. The report covers its types, application, innovations, industry chain investigation and most recent market developments.
Gas to liquids (GTL) is a refinery process to convert natural gas or other gaseous hydrocarbons into longer-chain hydrocarbons such as gasoline or diesel fuel. Methane-rich gases are converted into liquid synthetic fuels either via direct conversion using the new GasTechno® non-catalytic gas-to-liquids process that converts methane to methanol in one step. Or via syngas as an intermediate, for example, using the Fischer Tropsch or Mobil processes.
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GTL Diesel accounts for more than 68% of the market, and the market share has not changed a lot. GTL Naphtha is much fewer than GTL Diesel.
Global mainly relies on Mideast because the raw material of this industry. In terms of consumption, Shell has the largest market in 2016. Other companies have much smaller market than those three companies.
Although the market of Gas-to-liquid (GTL) is not large in China and North Asia, so there are chances to obtain considerable profit form the manufacturing and marketing of and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
According to this study, over the next five years the Gas-to-liquid (GTL) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Gas-to-liquid (GTL) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Gas-to-liquid (GTL) market by product type, application, key manufacturers and key regions and countries.
The factors relevant to the contenders in the market includes business synopsis, product/service contributions, manufacturing capacity, process, income details, SWOT analysis, new product launches, partnership, and acquisitions. The detailed segmentation by players, product type, application, and regions. Additionally, industry growth analysis and futuristic cost, revenue, demand and supply data have also been covered in the report. Major companies covered in the market report are: Shell, Oryx GTL, PetroSA, OLTIN YO’L GTL, Chevron
On the basis of product, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into: GTL Diesel, GTL Naphtha, Others
On the basis of the end users/applications, this market report focuses on the status and outlook for major applications/end users, consumption (sales), industry share and growth rate for each application, including: Fuel Oil, Lubricating Oil, Process Oils, Others
An exhaustive comprehension of industry variable, market dynamics, regulatory policies, industrial environment, possible threats in the market is added in this report to help players make effective business plans and make informed decisions for their business. The economy, past and emerging trend of industry are highlighted in the report. The overall data was derived from authentic and reliable sources and then verified by industry experts and other professionals in the market.
Geographically, this report is split into some important regions, together with production, consumption, revenue (USD), along with a market share in those regions, by 2019 to 2024, covering Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)
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