openPR Logo
Press release

Coal to Liquid Fuel (CTL) Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast : 2024

02-17-2017 11:08 PM CET | Energy & Environment

Press release from: Transparency Market Research-Energy & Mining

Coal to Liquid Fuel (CTL) Market

Coal to Liquid Fuel (CTL) Market

Global Coal to Liquid Fuel (CTL) Market

Coal and liquid petroleum fuels are among the two most commonly used fuels all over the world. Coal is the major fuel type used around the world to produce electricity, while petroleum fuels are common in automobiles of all kinds. Due to their similar internal structure (both are made up of hydrocarbons), coal can be converted into liquid fuels. This process has gained attention in recent years due to the increasing acknowledgement of the falling levels of petroleum reservoirs. Since petroleum is more valued at present than coal due to its usage in transportation, the coal to liquid fuel process (CTL) is gaining increasing demand.

Download the Exclusive Report Sample Here :http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1492

The report provides detailed data about the various segments of the global coal to liquid fuel market, the major companies operating in it, and the key trends influencing its growth trajectory. The performance of the North America, Europe, Asia Pacific, and Rest of the World markets for coal to liquid fuel processes and technologies is examined in the report to provide readers a complete overview of the regional dynamics of the global market. The analysis of major players given in the report will help readers figure out the likeliest contenders they would have to deal with as well as the most promising opportunities for collaboration.

Global Coal to Liquid Fuel (CTL) Market: Drivers and Restraints

The major driver of the global coal to liquid fuel market is the abundant availability of coal, particularly compared to liquid fuels. While the dropping levels of crude oil reservoirs have made headlines recently, coal reserves have still remained productive enough for coal to remain the most widely used fuel type for power generation. Due to this, the idea of converting coal to liquid fuels has picked up speed in recent years.

Synthetic fuels obtained from the conversion of coal are often cleaner than those extracted from natural reservoirs. This has led to coal liquefaction gaining increased support from regulatory authorities all over the world.

The technological advancement of the oil and gas industry has also helped this idea establish a foothold, since the technological knowhow of the conversion process is relatively easily available. However, the high costs of the process have not gone down significantly since it began to be utilized. This leads to the process only being economically feasible when oil prices are high. Currently, with oil prices facing record lows, even multinational giants may find it hard to fund industrial-scale production of liquid fuels from coal. This has emerged as a major restraint on the global coal to liquid fuel market.

Global Coal to Liquid Fuel (CTL) Market: Geographical Overview

Regionally, China, the U.S., India, South Africa, Australia, and Russia are the major markets for coal to liquid fuel technology. The abundant availability of coal reserves in these countries is responsible for the rapid growth of the sector. China and India are expected to be the dominant regional coal to liquid fuel markets in the coming years due to the growing transportation sector in these countries.

Liquid fuels derived from coal also have the potential to be used as cooking fuel. For instance, dimethyl ether is nontoxic and generates less carbon monoxide than the conventionally popular LPG. The rampant urbanization in China and India will also help the coal to liquid fuel market in this respect.

Major players currently operating in the coal to liquid fuel market include Shenhua, Sasol, Linc Energy, DKRW Energy, Bumi plc, and Monash Energy.

Global Coal to Liquid Fuel Market, by Process:

Direct Liquefaction
Indirect Liquefaction

Major regions analyzed in this research report are:

Europe
North America
Asia Pacific
Rest of the World

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://cmfeglobalreports.blogspot.in/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Coal to Liquid Fuel (CTL) Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast : 2024 here

News-ID: 441805 • Views:

More Releases from Transparency Market Research-Energy & Mining

Cryogenic Tanks Market Predicted to Grow at a Moderate Pace Through 2016 – 2024
Cryogenic Tanks Market Predicted to Grow at a Moderate Pace Through 2016 – 202 …
The global cryogenic tanks market is mostly fragmented and has intense competition among players. Some of the players operating in this market are: VRV S.p.A, Cryogas Equipment Private Ltd., Cryoquip Australia, Cryofab Inc., Eden Cryogenics LLC, and FNF Gas Technology Products Private Ltd. A large number of OEMs and raw material providers are a part of the competitive landscape of this market. The market is consolidated on regional levels however,
Marine Hybrid Propulsion An insight on the important factors and trends influencing the market 2024
Marine Hybrid Propulsion An insight on the important factors and trends influenc …
In order to gain competitive edge, prominent players in the global marine hybrid propulsion market are investing in various research and development activities. This is a major factor motivating manufacturing companies to achieve product differentiation, finds Transparency Market Research (TMR) in a new study. As per reports, conventional hybrid propulsion manufacturing companies have continued designing hybrid propulsion for tugs and yachts. In addition, a majority of existing firms are concentrated
Ring Main Unit Market - Global Industry Volume and Region Analysis – 2024
Ring Main Unit Market - Global Industry Volume and Region Analysis – 2024
Ring main unit is a gas-insulated compact switchgear unit that plays an important role in secondary distribution substations. It is used to provide uninterrupted power supply by making a ring of power supply so that in case of failure of the first source of power supply, power can be supplied with the help of the second source. It is preferable over conventional switchgears owing to various properties such as high
Automotive Oil Recycling Market Growth, Share, Demand and Analysis of Key Players to 2024
Automotive Oil Recycling Market Growth, Share, Demand and Analysis of Key Player …
Recycling is a process which actually considers the used product and converts it into a new re-usable product. Automotive oils recycling is a technique which involves recycling of used motor oil, or hydraulic oil, and converts it into new products. Dumping or disposing the used oils in a wrong way is hazardous to the environment, hence it is highly beneficial to actually recycle and convert it into a reusable product.

All 5 Releases


More Releases for Coal

Underground Coal Gasification (UCG) Underground Coal Gasification (UCG)
The Underground Coal Gasification (UCG) research report is a basic research study which breaks down different market perspectives like market development, obstacles, creation volume, and market patterns. An Analytical view along with the import-export, alongside estimate information from 2021-2026 is included in the market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are
Steam Coal Market to Set New Growth Story | Peabody Energy, Arch Coal, Blaschak …
Latest released the research study on Global Steam Coal Market, offers a detailed overview of the factors influencing the global business scope. Steam Coal Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Steam Coal. The study covers emerging player’s data, including: competitive
Mined Anthracite Coal Market to see Booming Worldwide | Atrum Coal, Blaskchak Co …
This study offers a comprehensive, 360 degree analysis on the Mined Anthracite Coal Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Mined Anthracite Coal Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies. Anthracite coal
Steam Coal Market By Key Players: Peabody Energy, Siberian Anthracite, Arch Coal …
“Steam Coal” Market research report includes status and outlook of Global and major regions, from angles of players, countries, product types and end industries. This report analyses the top players in global market, and splits market by product type and applications/end industries. Steam coal, also known as thermal coal, is suitable for electric power production. Steam coal is ground into a fine powder that burns quickly at high heats and is
Coal Trading Market by Top Key Players- Arch Coal, Adaro Energy, Coal India, Bum …
Global Coal Trading Market Report from Advance Market Analytics (AMA) covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the electronic equipment market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external
Global Bituminous Coal Market to 2019-2025| Evergreen Energy, Arch Coal, Alpha N …
Researchmoz (RMOZ) added Most up-to-date research on "Global Bituminous Coal Market Insights, Forecast to 2025" to its huge collection of research reports. Global Bituminous Coal market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate