Press release
Gas to Liquid Market 2022: In-depth Research with Emerging Growth Trends, Regional Status of Top Key Players, Driving Factors, Business Strategies and Industry Size Forecast to 2027
Gas to Liquid Market 2022-2027
New study report" Gas to Liquid Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2027″ has been added to Fortune Business Insights.
Market Overview:
The global gas to liquid (GTL) market is set to gain momentum from the increasing occurrence of joint research & development for broadening the reach of GTL products in a wide range of verticals. This information is published by Fortune Business Insights™ in a new study, titled, "Gas to Liquid Market Size, Share & COVID-19 Impact Analysis, By Technology (Fisher-Tropsch Synthesis and Methanol Synthesis), By Application (Gasoline, Lubricants, and Others), and Regional Forecast, 2020-2027."
The study further mentions that the gas to liquid market size was USD 5.66 billion in 2019. The market is projected to grow from USD 4.14 billion in 2020 to USD 5.33 billion in 2027 at a CAGR of 3.7% during the forecast period.
Key Industry Development:
December 2020: INFRA GTL Technology completed the testing of its Fischer-Tropsch reactor tubes for gas to liquid plants. This new range of products would enhance productivity and lower capital expenditure.
April 2020: PETRONAS Research Sdn Bhd and INFRA Technology Group signed a R&D collaboration agreement to develop a state-of-the-art Fischer-Tropsch (FT) catalyst.
List of Companies Covered in the Gas to Liquid Market Report:
Shell
Chevron
Compact GTL
Primus Green Energy
Velocys
Sasol
NRG Energy
Petrobras
Linde
INFRA GTL Technology
Covide-19 Impact:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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Method of Research:
Fail-safe, modern research methodologies are employed for the Gas to Liquid market analysis. An exhaustive primary and secondary research conducted on the market using robust research techniques aid in the prediction of the market size at the end of forecast period. Top-up and bottom-down approaches were maintained in the entire market study.
Report Coverage:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Driving Factors:
Need to Reduce Global Warming Problems will Favor Growth
Gas to liquid products are equipped with better combustion properties. Unlike conventional crude oil products, these leave a lower amount of carbon products. Also, these products do not discharge harmful emissions, which, in turn, would aid various countries in achieving their low carbon energy targets. It can further combat issues associated with global warming. These factors are anticipated to boost the gas to liquid market growth in the upcoming years. However, the implementation of strict rules regarding the usage of clean energy generation sources may hinder the demand for GTL technology.
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Segmentation:
The Lubricants Segment Held 12.6% Share in 2019
Based on application, the lubricants segment earned 12.6% in terms of the gas to liquid market share in 2019. This growth is attributable to their rising operational advantages, namely, longer lifespan of the equipment, economic viability, safety, and reliability.
Regional Insights:
The Middle East & Africa to Dominate Stoked by Presence of Hydrocarbon Reserves
Geographically, the Middle East & Africa generated USD 3.17 billion in terms of revenue in 2019. The region is expected to dominate the market throughout the forthcoming years because of the increasing availability of numerous large scale gas to liquid plants, rising exploration of natural gas, and presence of multiple hydrocarbon reserves.
On the other hand, Asia Pacific is projected to grow steadily fueled by the rising government support to develop new infrastructures in the region. At the same time, expansion of the transportation sector would propel regional growth. In North America, the increasing exploration of large unconventional and conventional reserves would aid growth.
Major Table of Content:
Introduction
Executive Summary
Market Dynamics
Key Insights
Gas to Liquid Market Analysis, Insights and Forecast, 2022-2027
North America Gas to Liquid Market Analysis, Insights and Forecast, 2022-2027
Europe Gas to Liquid Market Analysis, Insights and Forecast, 2022-2027
Asia Pacific Gas to Liquid Market Analysis, Insights and Forecast, 2022-2027
Middle East and Africa Gas to Liquid Market Analysis, Insights and Forecast, 2022-2027
Latin America Gas to Liquid Market Analysis, Insights and Forecast, 2022-2027
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile
Continue….
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About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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