Gas-to-Liquids Processes for Chemicals and Energy Production

Mar 30, 2015- Mumbai, India : Bharatbook.com announces a report,on “Gas-to-Liquids Processes for Chemicals and Energy Production”. This is expected to grow from $8.6 billion in 2015 to $11.8 billion in 2020, with a compound annual growth rate (CAGR) of 6.5% from 2015 to 2020.

The value of products produced by gas-to-liquid (GTL), coal-to-liquid (CTL) and biomass to liquid processes was worth $8.4 billion in 2014. This is expected to grow from $8.6 billion in 2015 to $11.8 billion in 2020, with a compound annual growth rate (CAGR) of 6.5% from 2015 to 2020.

This report provides:

-An overview of the market for GTL processes for chemicals and energy production.

-Analyses of market trends, with data from 2014, estimates for 2015, and projections of CAGRs through 2020.

Discussion on the use of GTL processes to produce ultraclean diesel fuels and high-quality chemical products such as waxes.

-An assessment of the role of GTL as an enabling technology for the production of clean transportation fuels.

-Quantification of the demand for GTL by type of output, application, and production technology.

-Analysis of the competition GTL-derived fuels face including low-grade and synthetic petroleum, compressed natural gas (CNG), CTL, biofuels, electric vehicles (EVs), and hydrogen.

INTRODUCTION

STUDY GOALS AND OBJECTIVES

Globally, natural gas reserves exceed oil reserves. At current consumption rates, there is approximately a 50-year supply of oil, compared with a 55-year supply of natural gas. In many locales, however, natural gas is stranded, and thus suppliers have limited markets for such gas. A key objective for gas suppliers is to develop processing and conversion technologies such as gas-to-liquid (GTL), which would enable entry into the multi-trillion-dollar market for chemicals and liquid fuels.

The GTL business is involved in the chemical conversion of stranded natural gas feedstocks to products such as transportation fuels, lubricants and chemicals. As far...