Press release
New Visiongain Energy Report: Global Coal to Liquid (CTL) Market Report 2019-2029
Your guide to your industry
Analysis by Technology (DCL, ICL), by Product (Diesel, Gasoline), Company and Country Analysis and Forecasts.
Market Definition:
-Coal liquefaction is a procedure of transforming coal into liquid hydrocarbons: liquid fuels and petrochemicals.
-The concern of using coal liquefaction is the disposal of carbon dioxide, a by-product of the process. If carbon capture and storage facilities are not employed, the CO2 emissions greatly affect the carbon footprint of greenhouse gases causing more environmental damage.
Market Overview and Trends
-Liquid coal is estimated to become a petroleum substitute and can be used in the transportation industry.
-It is used as alternative liquid fuels like methanol and dimethyl ether (DME), it is also used in lubricants, synthetic waxes and chemical feed stocks.
Market Dynamics:
Factors Influencing the Market Growth:
-Rise independence on natural gas and crude oil for the production of transportation fuels accompanied with slowly declining reserves as per the current industry scenario is the key factor responsible for the CTL technology implementation.
-Increasing need for new, sustainable, eco-friendly, and smart fuel solutions.
-Surge in the costs of crude oil or natural gas processing is further projected to drive demand for CTL process.
Factors Restraining the Market Growth:
-High capital investment
-High cost for development of CTL technology
Market Segmentation 2019-2029:
Technology
-DCL Market, 2019-2029
-ICL Market, 2019-2029
Product
-Diesel Market
-Gasoline Market
Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
-North America Market, 2019-2029
-Europe Market, 2019-2029
-Asia-Pacific Market, 2019-2029
-Middle East Market, 2019-2029
-Africa Market, 2019-2029
Competitive Analysis:
-Being a new technology, there are very few companies operating in the Coal to Liquid (CTL) market. However, number of players are entering in this arena by developing more standardized and cost effective technologies.
-Companies are strategically expanding their global presence and offering improved Coal to Liquid (CTL) technology across various sectors.
Major Market Players:
China Shenhua, SASOL, TransGas Development Systems, LLC, Altona Energy Plc., Envidity Energy Inc., Chevron Plc, Shell Global, Inner Mongolia Yitai Coal Co., Ltd.., Envidity Energy Inc., and Linc Energy Ltd is also provided in this report.
Related Reports:
Global Well Intervention Market Report 2019-2029: https://www.visiongain.com/report/global-well-intervention-market-report-2019-2029/
Global Progressing Cavity Pump Market Report 2019-2029: https://www.visiongain.com/report/global-progressing-cavity-pump-market-report-2019-2029/
Global Temporary Power and Cooling Market Report 2019-2029: https://www.visiongain.com/report/global-temporary-power-and-cooling-market-report-2019-2029/
For more Energy reports, visit our website: https://www.visiongain.com/industries/energy/
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on 020 7549 9987
Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com
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About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
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