Global Gas-to-liquid (GTL) Market Report, History and Forecast 2017-2028, Breakdown Data by Manufacturers, Key Regions, Types and Application

Gas to liquids (GTL) is a refinery process to convert natural gas or other gaseous hydrocarbons into longer-chain hydrocarbons such as gasoline or diesel fuel. Methane-rich gases are converted into liquid synthetic fuels either via direct conversion using the new GasTechno® non-catalytic gas-to-liquids process that converts methane to methanol in one step. Or via syngas as an intermediate, for example using the Fischer Tropsch or Mobil processes.
Market Analysis and Insights: Global Gas-to-liquid (GTL) Market
Due to the COVID-19 pandemic, the global Gas-to-liquid (GTL) market size is estimated to be worth US$ 56 million in 2021 and is forecast to a readjusted size of US$ 72 million by 2028 with a CAGR of 3.7% during the forecast period 2022-2028.
GTL Diesel accounts for more than 68% of the market, and the market share has not changed a lot. GTL Naphtha is much fewer than GTL Diesel.
Global Gas-to-liquid (GTL) Scope and Market Size
The global Gas-to-liquid (GTL) market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Gas-to-liquid (GTL) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
GTL Diesel
GTL Naphtha
Others
Segment by Application
Fuel Oil
Lubricating Oil
Process Oils
Others
By Company
Shell
Oryx GTL
PetroSA
OLTIN YO'L GTL
Chevron
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E