Dublin, March 21, 2019 (GLOBE NEWSWIRE) -- The "Global Gas-to-Liquid (GTL) Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The gas-to-liquid (GTL) market will register a CAGR of over 4% by 2023.
Owing to an increase in the supply of coalbed methane, tight gas, and shale gas, natural gas has turned out to be the fastest-growing fossil fuel. Hence, the global oil and gas industry has been experiencing rapid growth in terms of the production of unconventional oil and gas resources.
Therefore, the growth in natural gas production ensures the availability of natural gas to fulfill the rising demand for GTL products, thereby fueling the growth of the global GTL market during the forecast period.
Increase in demand for clean fuel
There has been a rise in the concerns regarding the amount of CO2 emissions resulting from various economic activities around the world. Global CO2 emissions have been increasing due to the growth in economic activities.
High capital cost of GTL plants
The development of GTL plants incurs a significant capital cost. Hence, the absence of the synchronicity of these elements results in a high capital cost, making the development of large-scale GTL projects unviable for many companies. Hence, the high capital cost of GTL plants poses a significant challenge to the growth of the global GTL market.
Competitive Landscape
The market appears to be fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Chevron Corporation
- KBR
- PetroSA
- Qatar Petroleum
- Royal Dutch Shell
- Sasol
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- GTL diesel - Market size and forecast 2018-2023
- GTL naphtha - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- MEA - Market size and forecast 2018-2023
- ROW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Technological developments
- Rising demand for petrochemical feedstock
- Rapid growth of transportation sector
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Chevron Corporation
- KBR
- PetroSA
- Qatar Petroleum
- Royal Dutch Shell
- Sasol
For more information about this report visit https://www.researchandmarkets.com/research/z3hlws/gastoliquid?w=12