GTL (Gas to Liquid) 市場：世界の産業規模・シェア・動向・機会・予測 (製品種類別、技術別 (MTG、フィッシャートロプシュ法、合成ガス)、用途別、地域別)、競合情勢 (2019～2029年)

世界の GTL (Gas to Liquid) の世界市場は2023年に62億3,000万米ドルと評価され、予測期間中のCAGRは5.23%で2029年には82億米ドルに達すると予測されています。

GTL (Gas-to-Liquid) 市場は、天然ガスを液体炭化水素に変換するもので、高品質でクリーンかつ効率的な燃料や化学物質の生産を促進するプロセスです。GTL技術は、豊富でありながら、フレアされるなどして十分に利用されていないことが多い天然ガスを、合成ディーゼル、灯油、ナフサなどの貴重な液体製品や、潤滑油や特殊化学品などの製品別に変換します。このプロセスには通常、天然ガスを合成ガス (シンガス) に変換するガス改質段階と、シンガスをさらに液体炭化水素に変換するフィッシャー・トロプシュ合成段階の2つの主要段階があります。GTL市場は、いくつかの重要な要因によって牽引されています。第一に、よりクリーンで持続可能なエネルギー源に対する世界の需要の高まりが、GTL技術への関心を高めています。GTL技術は、厳しい環境規制に適合する低硫黄・低排出ガス燃料を生産するためです。第二に、GTL技術の進歩により、GTL (Gas to Liquid) プロセスの経済性が向上し、従来の精製方法と比較して競争力が高まりました。モジュール式GTLユニットや触媒・反応器設計の改良といった技術革新により、資本支出と運転支出が大幅に削減され、GTLプロジェクトの魅力が広がっています。GTL市場のもう一つの促進要因は、エネルギーの多様化と安全保障に対するニーズの高まりです。天然ガス埋蔵量は豊富だが精製インフラが限られている国々は、ガス資源を貴重な液体燃料に変換するGTL技術に注目し、輸入石油への依存度を減らし、エネルギー自給率を高めています。さらに、GTLプラントを製油所や石油化学コンビナートなどの既存のインフラと統合することで、相乗効果と操業効率化の機会がもたらされます。

市場促進要因

クリーン燃料への需要の高まり

技術の進歩とコスト削減

天然ガス市場の多様化

主な市場課題

高い資本支出と財務リスク

環境と規制への対応

主な市場動向

GTL (Gas to Liquid) 技術の技術的進歩

持続可能でよりクリーンな燃料への注目の高まり

目次

第1章 製品概要

第2章 分析手法

第3章 エグゼクティブサマリー

第4章 顧客の声

第5章 世界のGTL (Gas to Liquid) 市場の展望

• 市場規模・予測
  • 金額ベース
• 市場シェア・予測
  • 製品種類別 (GTLディーゼル、GTLナフサ)
  • 技術別 (MTG (Methanol to Gasoline)、フィッシャー・トロプシュ法案 (FT)、合成ガス)、
  • 用途別 (燃料油、潤滑油、プロセス油、その他)
  • 地域別
• 企業別 (2023年)
• 市場マップ

第6章 北米のGTL (Gas to Liquid) 市場の展望

• 市場規模・予測
  • 金額ベース
• 市場シェア・予測
  • 製品種類別
  • 技術別
  • 用途別
  • 国別
• 北米：国別分析
  • 米国
  • カナダ
  • メキシコ

第7章 欧州のGTL (Gas to Liquid) 市場の展望

• 市場規模・予測
  • 金額ベース
• 市場シェア・予測
  • 製品種類別
  • 技術別
  • 用途別
  • 国別
• 欧州：国別分析
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン

第8章 アジア太平洋のGTL (Gas to Liquid) 市場の展望

• 市場規模・予測
  • 金額ベース
• 市場シェア・予測
  • 製品種類別
  • 技術別
  • 用途別
  • 国別
• アジア太平洋：国別分析
  • 中国
  • インド
  • 日本
  • 韓国
  • オーストラリア

第9章 南米のGTL (Gas to Liquid) 市場の展望

• 市場規模・予測
  • 金額ベース
• 市場シェア・予測
  • 製品種類別
  • 技術別
  • 用途別
  • 国別
• 南米：国別分析
  • ブラジル
  • アルゼンチン
  • コロンビア

第10章 中東・アフリカのGTL (Gas to Liquid) 市場の展望

• 市場規模・予測
  • 金額ベース
• 市場シェア・予測
  • 製品種類別
  • 技術別
  • 用途別
  • 国別
• 中東・アフリカ：国別分析
  • 南アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • クウェート
  • トルコ

第11章 市場力学

• 促進要因
• 課題

第12章 市場動向と発展

第13章 企業プロファイル

• Chevron Corporation
• Sasol Limited
• Velocys plc
• NRG Energy, Inc.
• Linde plc
• Linc Energy System
• Exxon Mobil Corporation
• BP International Limited

第14章 戦略的提言

第15章 TechSci Researchについて・免責事項

Global Gas to Liquid (GTL) Market was valued at USD 6.23 billion in 2023 and is expected to reach USD 8.20 billion by 2029 with a CAGR of 5.23% during the forecast period. The Gas-to-Liquid (GTL) market involves the conversion of natural gas into liquid hydrocarbons, a process that facilitates the production of high-quality, clean, and efficient fuels and chemicals. GTL technology transforms natural gas, which is abundant and often flared or otherwise underutilized, into valuable liquid products such as synthetic diesel, kerosene, and naphtha, as well as other by-products like lubricants and specialty chemicals. This process typically involves two main stages: gas reforming, which converts natural gas into synthesis gas (syngas), and Fischer-Tropsch synthesis, which further converts the syngas into liquid hydrocarbons. The GTL market is driven by several key factors. Firstly, the increasing global demand for cleaner and more sustainable energy sources has elevated interest in GTL technology, as it produces low-sulfur and low-emission fuels that align with stringent environmental regulations. Secondly, advancements in GTL technology have improved the economic viability of gas-to-liquid processes, making it more competitive compared to traditional refining methods. Technological innovations such as modular GTL units and improvements in catalysts and reactor designs have significantly reduced capital and operational expenditures, broadening the appeal of GTL projects. Another driver for the GTL market is the growing need for energy diversification and security. Countries with abundant natural gas reserves but limited refining infrastructure are turning to GTL technology to convert their gas resources into valuable liquid fuels, thus reducing their reliance on imported oil and enhancing energy self-sufficiency. Additionally, the integration of GTL plants with existing infrastructure, such as refineries and petrochemical complexes, provides opportunities for synergies and operational efficiencies.

Key Market Drivers

Rising Demand for Clean Fuels

The growing emphasis on reducing greenhouse gas emissions and transitioning to cleaner energy sources is a significant driver for the Gas to Liquid (GTL) market. As global environmental regulations become more stringent and governments implement policies aimed at curbing carbon footprints, there is an increasing push towards adopting cleaner fuel technologies. GTL technology converts natural gas into liquid fuels like diesel and naphtha, which are cleaner-burning alternatives to traditional petroleum products. These liquid fuels produce fewer emissions of sulfur oxides (SOx), nitrogen oxides (NOx), and particulates compared to conventional diesel fuels. The shift towards cleaner fuels aligns with international climate agreements and national policies focusing on sustainable energy solutions. As countries and corporations seek to meet their emission reduction targets, the demand for GTL fuels is expected to rise. Additionally, the GTL process helps in utilizing natural gas, which is often flared or wasted, thus enhancing the overall efficiency of natural gas usage. This trend is expected to drive investments and technological advancements in the GTL sector, further supporting its growth and adoption across various industries. ExxonMobil Corporation: Invests heavily in research and development focused on next-generation, lower-emission solutions, including carbon capture, hydrogen, and lower-emission fuels. The company recently unveiled its 2023 corporate plan, which prioritizes growth in production from low-cost assets and aims to enhance sales of performance chemicals and lower-emission fuels.

Technological Advancements and Cost Reductions

Technological advancements and cost reductions are pivotal drivers for the GTL market. Over the past decade, there have been significant improvements in GTL technology, including the development of more efficient and economically viable processes. Innovations in catalyst development, reactor design, and process optimization have enhanced the efficiency of GTL plants, reducing the cost per barrel of GTL products. Advances in modular and smaller-scale GTL units also enable more flexible and cost-effective implementation, making it feasible for smaller operators to invest in GTL technology. Furthermore, improvements in automation and process control systems have streamlined operations, reducing operational costs and increasing overall profitability. As technology continues to evolve, the capital and operational expenditures associated with GTL plants are expected to decrease, making GTL a more attractive option for natural gas utilization. These advancements not only make GTL processes more commercially viable but also encourage new entrants and expansion in the market, fostering growth and innovation in the sector.

Diversification of Natural Gas Markets

The diversification of natural gas markets is another significant driver for the GTL industry. Natural gas is a key resource for many countries, and as its availability increases, there is a growing need for efficient and economically viable methods to utilize this abundant resource. GTL technology provides a solution by converting natural gas into liquid fuels that can be transported and utilized more easily compared to gaseous forms. This is particularly valuable in regions where natural gas reserves are abundant but infrastructure for transporting or utilizing gas directly is limited. GTL plants can be strategically located to process natural gas locally, reducing the need for extensive pipeline infrastructure and enabling access to remote or stranded gas reserves. Moreover, GTL fuels can be blended with conventional fuels, providing a flexible and scalable approach to meet diverse market needs. The ability to produce high-quality liquid fuels from natural gas also opens up new markets and applications, including aviation, marine, and automotive sectors. As natural gas markets continue to evolve and expand globally, the demand for GTL technology is expected to grow, driven by the need for efficient and versatile solutions for utilizing this valuable resource.

Key Market Challenges

High Capital Expenditure and Financial Risk

The Gas-to-Liquid (GTL) market faces a significant challenge due to the high capital expenditure associated with the development and operation of GTL facilities. Building a GTL plant requires a substantial investment in infrastructure, technology, and equipment. The cost of constructing and commissioning a GTL facility can run into billions of dollars, which presents a considerable financial risk for companies involved. The complex technology required for the gas-to-liquid conversion process, including synthesis gas production, Fischer-Tropsch synthesis, and product upgrading, necessitates significant capital outlay and advanced engineering expertise. Additionally, the long lead time required for the construction and start-up of GTL plants further exacerbates financial risk. Given the lengthy payback period and the high operational costs, including feedstock procurement and energy consumption, companies must navigate financial uncertainties and market volatility to ensure profitability. The fluctuating prices of natural gas and liquid products can impact the economic viability of GTL projects, making it challenging for investors to commit substantial capital. Moreover, the financial burden is compounded by the need for ongoing operational and maintenance costs, which require continuous investment to ensure efficient and safe plant operations. As such, the high capital expenditure and associated financial risks pose a major challenge for the GTL market, affecting project feasibility and long-term sustainability.

Environmental and Regulatory Compliance

The Gas-to-Liquid (GTL) market is confronted with the challenge of stringent environmental regulations and the need for compliance with evolving environmental standards. GTL technology, while offering cleaner fuel alternatives compared to traditional liquid fuels, still involves complex processes that can impact the environment. The production of synthesis gas from natural gas and its subsequent conversion into liquid fuels requires significant energy input, which can result in substantial greenhouse gas emissions if not managed properly. Additionally, the chemical processes involved in GTL technology generate by-products that must be handled and disposed of in an environmentally responsible manner. Regulatory agencies worldwide are imposing increasingly stringent emissions standards and environmental regulations, which necessitate that GTL operators invest in advanced technologies and practices to minimize their environmental footprint. Compliance with these regulations often requires additional investments in emission control technologies, waste management systems, and reporting mechanisms. Furthermore, the dynamic nature of environmental regulations means that GTL operators must continuously adapt to new standards and regulations, which can be both costly and complex. The challenge is compounded by the need to balance regulatory compliance with economic viability, as adhering to stringent environmental standards can increase operational costs and impact overall profitability. As a result, the GTL market must navigate a complex regulatory landscape and invest in sustainable practices to ensure compliance and mitigate environmental impacts..

Key Market Trends

Technological Advancements in Gas-to-Liquid (GTL) technologies

The Gas-to-Liquid (GTL) market is witnessing significant advancements in technology, driving its evolution and expanding its applications. Innovations in GTL technology, such as improvements in Fischer-Tropsch synthesis, have enhanced the efficiency and economics of converting natural gas into liquid fuels. Recent developments focus on optimizing catalysts and reactor designs to increase production yields and reduce operational costs. The integration of advanced process control systems and digitalization has further refined the operational efficiency of GTL plants, enabling real-time monitoring and adjustments to maximize output and minimize waste. Additionally, there is a growing emphasis on modular and small-scale GTL plants, which offer flexibility and lower capital investment, making the technology more accessible to a wider range of players. These advancements are not only improving the viability of GTL projects but also enhancing their environmental performance by reducing emissions and energy consumption. As technology continues to evolve, the GTL market is expected to see increased adoption across various regions, driven by the need for cleaner fuel alternatives and the strategic utilization of abundant natural gas reserves.

Increasing Focus on Sustainable and Cleaner Fuels

The Gas-to-Liquid (GTL) market is increasingly aligned with global sustainability goals and the transition towards cleaner fuels. With growing concerns over climate change and air quality, there is a strong push for alternative fuel sources that offer reduced emissions compared to conventional hydrocarbons. GTL fuels, such as GTL diesel, are recognized for their low sulfur content and lower levels of particulate matter and nitrogen oxides, making them a more environmentally friendly option. This trend is supported by stringent regulatory frameworks and emission standards that encourage the adoption of cleaner fuels in transportation and industrial applications. Moreover, the potential for GTL technology to be integrated with renewable energy sources, such as solar or wind power, to produce synthetic fuels further enhances its appeal. The industry is witnessing increased investment in research and development aimed at improving the environmental footprint of GTL processes and exploring opportunities for carbon capture and storage. As governments and organizations commit to achieving net-zero emissions, the demand for GTL technologies and products is expected to grow, positioning the GTL market as a key player in the global energy transition.

Segmental Insights

Product Type Insights

The GTL Diesel segment held the largest Market share in 2023. The Gas to Liquid (GTL) market, particularly in the GTL Diesel segment, is experiencing robust growth driven by a confluence of technological advancements, environmental regulations, and market dynamics. One of the primary drivers is the increasing demand for cleaner and more efficient fuels. GTL diesel, synthesized from natural gas, boasts superior combustion properties and significantly lower emissions compared to conventional diesel. This aligns with global efforts to reduce carbon footprints and combat air pollution, prompting governments and regulatory bodies to incentivize the adoption of cleaner fuels. Additionally, GTL diesel's higher cetane number enhances engine performance, fuel efficiency, and reduces maintenance costs, making it an attractive option for automotive manufacturers and fleet operators aiming to comply with stringent emissions standards without compromising on performance. Technological advancements in GTL processes, particularly the Fischer-Tropsch synthesis, have also played a crucial role in propelling the market. Innovations have made GTL production more economically viable by improving conversion efficiencies and reducing operational costs. This has spurred investments in GTL facilities worldwide, with major oil and gas companies recognizing the strategic importance of diversifying their portfolios to include cleaner fuels. The development of modular and smaller-scale GTL plants has further expanded the market reach, allowing for more flexible and localized production that can cater to specific regional demands. Geopolitical landscape and energy security concerns are significant drivers for the GTL diesel segment. As countries strive to reduce their dependence on crude oil imports, the ability to convert abundant natural gas reserves into liquid fuels presents a compelling alternative. This is particularly pertinent in regions with substantial natural gas resources but limited refining capacities. By leveraging GTL technology, these regions can enhance their energy self-sufficiency and secure a stable supply of high-quality diesel.

Economic factors also contribute to the growth of the GTL diesel market. The volatility of crude oil prices has underscored the need for stable and predictable fuel sources. GTL diesel offers a competitive advantage as its production costs are less susceptible to the fluctuations seen in crude oil markets. This economic stability is appealing to end-users and investors alike, fostering greater market adoption and expansion. The aviation industry, with its increasing emphasis on reducing carbon emissions, also provides a significant growth avenue for GTL diesel. The superior quality of GTL fuels, including their lower sulphur content and higher energy density, makes them suitable for blending with conventional jet fuels. As the industry seeks sustainable solutions to meet its ambitious emissions targets, GTL diesel presents a viable option that can seamlessly integrate into existing infrastructure. Environmental benefits of GTL diesel extend beyond reduced emissions. The production process generates fewer by-products and pollutants compared to traditional refining processes. This aligns with corporate sustainability goals and environmental stewardship, driving more companies to incorporate GTL diesel into their fuel mix. GTL diesel segment is being driven by a combination of environmental, technological, economic, and geopolitical factors. The demand for cleaner and more efficient fuels, coupled with advancements in GTL technology, is reshaping the market landscape. Energy security concerns and the quest for stable fuel prices further bolster the appeal of GTL diesel. As industries and governments worldwide prioritize sustainability and emissions reduction, the GTL diesel market is poised for continued growth, supported by its inherent advantages and strategic significance in the evolving energy sector.

Regional Insights

North America region held the largest market share in 2023. The Gas to Liquid (GTL) market in North America is being driven by several key factors that collectively contribute to its robust growth. One of the primary drivers is the abundant natural gas reserves in the region, particularly in the United States and Canada. The shale gas revolution has significantly increased the supply of natural gas, making it a cost-effective feedstock for GTL processes. This availability of inexpensive natural gas provides a substantial incentive for the development and expansion of GTL facilities, as it allows for the production of high-value liquid fuels and chemicals at competitive prices. Another significant driver is the increasing demand for cleaner and more efficient fuels. GTL technology produces ultra-clean diesel, naphtha, and other fuels that have lower sulfur content and reduced emissions compared to traditional petroleum-derived products. This aligns with the stringent environmental regulations in North America aimed at reducing greenhouse gas emissions and improving air quality. As governments and regulatory bodies continue to enforce stricter emissions standards, the adoption of GTL products is expected to rise, further propelling market growth. Technological advancements and innovation in GTL processes are also playing a crucial role in driving the market. Continuous improvements in catalyst efficiency, process optimization, and scaling up of GTL technologies have made the production processes more economically viable and energy efficient. These technological enhancements have reduced the overall costs associated with GTL production, making it a more attractive option for investors and industry players.

The strategic importance of energy security and diversification is another factor bolstering the GTL market in North America. By converting natural gas into liquid fuels, GTL technology provides an alternative to crude oil, thereby reducing the region's dependency on oil imports. This diversification of energy sources is particularly important in the context of fluctuating global oil prices and geopolitical tensions that can impact the stability of oil supplies. GTL offers a way to leverage domestic natural gas resources to enhance energy security and ensure a stable supply of liquid fuels. Potential for GTL technology to produce high-quality lubricants and specialty chemicals opens up additional revenue streams and market opportunities. These products are in high demand across various industries, including automotive, aviation, and manufacturing, driving further investment in GTL projects. The versatility of GTL products and their application in diverse sectors make it a lucrative market for stakeholders. The supportive government policies and incentives aimed at promoting clean energy technologies also act as a catalyst for the GTL market. In the United States, for instance, there are tax credits and grants available for projects that contribute to reducing carbon emissions and promoting sustainable energy solutions. Such incentives encourage the development and deployment of GTL plants, contributing to the overall market growth. Gas to Liquid (GTL) market in North America is driven by a combination of abundant natural gas resources, increasing demand for cleaner fuels, technological advancements, the strategic need for energy security, diversification of energy sources, the versatility of GTL products, and supportive government policies. These factors collectively create a favorable environment for the growth and expansion of the GTL market in the region, positioning it as a key player in the global energy landscape.

Key Market Players

• Chevron Corporation
• Sasol Limited
• Velocys plc
• NRG Energy, Inc.
• Linde plc
• Linc Energy System
• Exxon Mobil Corporation
• BP International Limited

Report Scope:

In this report, the Global Gas to Liquid (GTL) Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Gas to Liquid (GTL) Market, By Product Type:

• GTL Diesel
• GTL Naphtha

Gas to Liquid (GTL) Market, By Technology:

• Methanol to Gasoline (MTG)
• Fischer-Tropsch (FT)
• Syngas

Gas to Liquid (GTL) Market, By Application:

• Fuel Oil
• Lubricating Oil
• Process Oil
• Others

Gas to Liquid (GTL) Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Gas to Liquid (GTL) Market.

Available Customizations:

Global Gas to Liquid (GTL) Market report with the given Market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
• 1.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Voice of Customer

5. Global Gas to Liquid (GTL) Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product Type (GTL Diesel, GTL Naphtha)
  • 5.2.2. By Technology (Methanol to Gasoline (MTG), Fischer-Tropsch (FT), Syngas),
  • 5.2.3. By Application (Fuel Oil, Lubricating Oil, Process Oil, and Others)
  • 5.2.4. By Region
• 5.3. By Company (2023)
• 5.4. Market Map

6. North America Gas to Liquid (GTL) Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product Type
  • 6.2.2. By Technology
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Gas to Liquid (GTL) Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product Type
      • 6.3.1.2.2. By Technology
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Gas to Liquid (GTL) Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product Type
      • 6.3.2.2.2. By Technology
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Gas to Liquid (GTL) Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product Type
      • 6.3.3.2.2. By Technology
      • 6.3.3.2.3. By Application

7. Europe Gas to Liquid (GTL) Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product Type
  • 7.2.2. By Technology
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Gas to Liquid (GTL) Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product Type
      • 7.3.1.2.2. By Technology
      • 7.3.1.2.3. By Application
  • 7.3.2. United Kingdom Gas to Liquid (GTL) Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product Type
      • 7.3.2.2.2. By Technology
      • 7.3.2.2.3. By Application
  • 7.3.3. Italy Gas to Liquid (GTL) Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product Type
      • 7.3.3.2.2. By Technology
      • 7.3.3.2.3. By Application
  • 7.3.4. France Gas to Liquid (GTL) Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product Type
      • 7.3.4.2.2. By Technology
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Gas to Liquid (GTL) Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product Type
      • 7.3.5.2.2. By Technology
      • 7.3.5.2.3. By Application

8. Asia-Pacific Gas to Liquid (GTL) Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product Type
  • 8.2.2. By Technology
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Gas to Liquid (GTL) Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product Type
      • 8.3.1.2.2. By Technology
      • 8.3.1.2.3. By Application
  • 8.3.2. India Gas to Liquid (GTL) Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product Type
      • 8.3.2.2.2. By Technology
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Gas to Liquid (GTL) Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product Type
      • 8.3.3.2.2. By Technology
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Gas to Liquid (GTL) Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product Type
      • 8.3.4.2.2. By Technology
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Gas to Liquid (GTL) Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product Type
      • 8.3.5.2.2. By Technology
      • 8.3.5.2.3. By Application

9. South America Gas to Liquid (GTL) Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product Type
  • 9.2.2. By Technology
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Gas to Liquid (GTL) Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product Type
      • 9.3.1.2.2. By Technology
      • 9.3.1.2.3. By Application
  • 9.3.2. Argentina Gas to Liquid (GTL) Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product Type
      • 9.3.2.2.2. By Technology
      • 9.3.2.2.3. By Application
  • 9.3.3. Colombia Gas to Liquid (GTL) Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product Type
      • 9.3.3.2.2. By Technology
      • 9.3.3.2.3. By Application

10. Middle East and Africa Gas to Liquid (GTL) Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product Type
  • 10.2.2. By Technology
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Gas to Liquid (GTL) Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product Type
      • 10.3.1.2.2. By Technology
      • 10.3.1.2.3. By Application
  • 10.3.2. Saudi Arabia Gas to Liquid (GTL) Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product Type
      • 10.3.2.2.2. By Technology
      • 10.3.2.2.3. By Application
  • 10.3.3. UAE Gas to Liquid (GTL) Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product Type
      • 10.3.3.2.2. By Technology
      • 10.3.3.2.3. By Application
  • 10.3.4. Kuwait Gas to Liquid (GTL) Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Product Type
      • 10.3.4.2.2. By Technology
      • 10.3.4.2.3. By Application
  • 10.3.5. Turkey Gas to Liquid (GTL) Market Outlook
    • 10.3.5.1. Market Size & Forecast
      • 10.3.5.1.1. By Value
    • 10.3.5.2. Market Share & Forecast
      • 10.3.5.2.1. By Product Type
      • 10.3.5.2.2. By Technology
      • 10.3.5.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

13. Company Profiles

• 13.1. Chevron Corporation
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel/Key Contact Person
  • 13.1.5. Key Product/Services Offered
• 13.2. Sasol Limited
  • 13.2.1. Business Overview
  • 13.2.2. Key Revenue and Financials
  • 13.2.3. Recent Developments
  • 13.2.4. Key Personnel/Key Contact Person
  • 13.2.5. Key Product/Services Offered
• 13.3. Velocys plc
  • 13.3.1. Business Overview
  • 13.3.2. Key Revenue and Financials
  • 13.3.3. Recent Developments
  • 13.3.4. Key Personnel/Key Contact Person
  • 13.3.5. Key Product/Services Offered
• 13.4. NRG Energy, Inc.
  • 13.4.1. Business Overview
  • 13.4.2. Key Revenue and Financials
  • 13.4.3. Recent Developments
  • 13.4.4. Key Personnel/Key Contact Person
  • 13.4.5. Key Product/Services Offered
• 13.5. Linde plc
  • 13.5.1. Business Overview
  • 13.5.2. Key Revenue and Financials
  • 13.5.3. Recent Developments
  • 13.5.4. Key Personnel/Key Contact Person
  • 13.5.5. Key Product/Services Offered
• 13.6. Linc Energy System
  • 13.6.1. Business Overview
  • 13.6.2. Key Revenue and Financials
  • 13.6.3. Recent Developments
  • 13.6.4. Key Personnel/Key Contact Person
  • 13.6.5. Key Product/Services Offered
• 13.7. Exxon Mobil Corporation
  • 13.7.1. Business Overview
  • 13.7.2. Key Revenue and Financials
  • 13.7.3. Recent Developments
  • 13.7.4. Key Personnel/Key Contact Person
  • 13.7.5. Key Product/Services Offered
• 13.8. BP International Limited
  • 13.8.1. Business Overview
  • 13.8.2. Key Revenue and Financials
  • 13.8.3. Recent Developments
  • 13.8.4. Key Personnel/Key Contact Person
  • 13.8.5. Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer