Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Gas to Liquid (GTL) Market to Grow at a CAGR of 6.1% During the Period 2022-2027, Driven by Rising Demand for Clean Energy

According to a new report by EMR titled, ‘Global Gas to Liquid (GTL) Market Report and Forecast 2022-2027’, the global Gas to Liquid (GTL) market is expected to grow at a CAGR of 6.1% during the period 2022-2027, led by growing demand for mobility and toughening environmental regulations.

Growing global demand for clean energy, rising demand for mobility, strengthening of environmental regulations, and efforts to seek solutions to air pollution and decrease emissions are expected to drive the global gas to liquid (GTL) market. With growing global population, especially in developing nations, the demand for energy is expected to further increase. Gas-to-liquid (GTL) fuel may be used in buses, trucks, trains, diggers, cranes, power generators, offshore vessels or passenger cruise ships. In Europe, it is commonly used in public buses, city utility vehicles, heavy-duty trucks, offshore vessels, inland barge, tourist boats and cruise ships. North America, Europe and Asia are expected to be key markets.

Gas-to-liquid (GTL) refers to a process that converts natural gas to liquid fuels, like gasoline, diesel and jet fuel. Gas-to-liquid (GTL) technologies can transform off gas streams, which otherwise would be flared into valuable liquid transportation fuels and chemicals, including high-quality gasoline or methanol, or a distinct stream of hydrogen-rich vent gas capable of being used as an additional onsite hydrogen or fuel source. Thus, gas-to-liquid (GTL) emerges as a good solution for decreasing gas flaring while enhancing returns.

Greenhouse gas emissions can be reduced with the help of gas-to-liquid (GTL) systems through the input of CO2 streams as co-feed converted into gasoline or methanol, signifying a valued use for a perceived low-value or even negative-value gas stream.

Properties of gas-to-liquid (GTL) fuel include improved aquatic and soil biodegradability, and lesser water and soil toxicity. Fuels generated from the FT process deliver significantly better performance as compared to their petroleum-based counterparts. FT-derived diesel does not carry aromatics or sulphur, and burns more cleanly than petroleum-derived fuels, giving lower emissions of nitrogen oxide (NOx), sulphur oxide (SOx) and particulates. Indeed, Gas-to-liquid (GTL) diesel has the potential to be commercialised as a premium blendstock.

Gas-to-liquid (GTL) fuel is likely to have a lesser ecological impact than conventional fuels. Further, FT diesel may be blended with lower-cetane, lower-quality diesels to obtain commercial diesel environmental specifications.

Benefits of gas-to-liquid (GTL) fuel include decreased local emissions, easy integration in and old heavy-duty vehicles, ready switchover from diesel fuel, no need for infrastructure investment. and possible reduction in engine noise.

Key Findings of the Report:

  • Growing demand for mobility and clean energy is expected to boost the market. 
  • Benefits afforded by gas to liquid (GTL) are likely to stimulate the market. 
  • North America, Europe and Asia are projected to be key markets.

Market Analysis by Product, Application and Region:

  • By product, the market is segmented into GTL Diesel and GTL Naphtha.
  • By application, the market is divided into Fuel Oil, Lubricating Oil, Process Oil, and Others.
  • By region, the market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Biogas Market Report and Forecast 2022-2027



Europe BioLPG Market Report and Forecast 2022-2027



NEWSLETTER