Page 1

Gas to liquid (GTL) market Research Report- Forecast to 2022

Gas to liquid (GTL) Market: Global Market Trends,

Business Growth and Future Prospects 2022 Forecast Report.

Page |1

Copyright Š 2018 Market Research Future.


Gas to liquid (GTL) market Research Report- Forecast to 2022

1 Summary Based on product, Gas to liquid (GTL) market has been divided as GTL diesel, and GTL naphtha. GTL diesel accounted for the largest market share of 72.84% in 2016, with a market value of USD 198.0 million. It offers superior yields of ethylene and propylene over conventional naphtha. As a synthetic product, GTL Naphtha has a consistent quality and contains no sulphur and heavy metals, which makes it cleaner. It is also more paraffinic than light high paraffinic naphtha while giving better lower olefins yields.

Key Players: The key players of global gas to liquid (GTL) market are Royal Dutch Shell plc. (The Netherlands), Chevron Corporation (U.S.), Sasol Limited (South Africa), PetroSA (South Africa), Velocys Plc. (U.K.), ORYX GTL (Qatar), OLTIN YO’L GTL (Uzbekistan ) and others.

Page |2

Copyright Š 2018 Market Research Future.


Gas to liquid (GTL) market Research Report- Forecast to 2022

2 Market Overview Based on application, the market has been divided as Fuel Oil, Lubricating Oil, Process Oil, and Others. Fuel Oil accounted for the largest market share of 36.2% in 2016, with a market value of USD 98.4 Million. Fuel oil is the advanced heavy fuel oil used in boilers and other equipment for generating heat and energy in manufacturing operations and processes. It helps improve the reliability and the performance of the entire boiler system, from the storage tank right to the chimney. Lubricating Oil was the second-largest market, in 2016, valued at USD 81.2 Million.

Segmentation: Global Gas to liquid (GTL) Market

Page |3

Copyright Š 2018 Market Research Future.


Gas to liquid (GTL) market Research Report- Forecast to 2022

3 Market Research Analysis On the basis of region, GTL market has been segmented as the U.S., Qatar, South Africa, Nigeria, and Malaysia. Qatar accounted for the largest market share of 64.06% in 2016, with a market value of USD 235.7 Million. Currently, two GTL plants operate in Qatar. One of the plants is in Ras Laffan Industrial City, operated by Oryx, a joint venture between Qatar Petroleum (51 percent) and Sasol of South Africa (49 percent). This plant has the capacity to produce 34,000 barrels per day of liquids (24,000 barrels of GTL diesel, 9,000 barrels of naphtha and 1,000 barrels of liquefied petroleum gas). The second plant is also in the same city, operated by Qatar Petroleum and Shell.

South-Africa was the second largest market for the gas-to-liquid. It accounted for a share of 16.57% in the global market, in 2016. In Mossel Bay town, South Africa, PetroSA, operates the GTL plant. It produces 45,000 barrels per day, which includes diesel, gasoline, kerosene and specialty products. .

Page |4

Copyright Š 2018 Market Research Future.


Gas to liquid (GTL) market Research Report- Forecast to 2022

Page |5

Copyright Š 2018 Market Research Future.

Gas to liquid (GTL) Market: Global Market Trends, Business Growth and Future Prospects 2022 Forecast  

The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volu...

Gas to liquid (GTL) Market: Global Market Trends, Business Growth and Future Prospects 2022 Forecast  

The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volu...

Advertisement