Gas to liquid market will witness growth at CAGR 6.5% from 2015...

Gas to liquid market will witness growth at CAGR 6.5% from 2015 to 2022 illuminated by new report


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WhaTech Channel: Industrial Market Research
Published on Wednesday, 02 December 2015 01:48
Submitted by Sherry James WhaTech Max
News from: Grand View Research - Market Research Consulting
Reads: 30 times
Demand for conventional energy sources has boosted due to industrial expansion. However, restricted availability of these sources adds burden to the demand-supply gap.

With rising population, conventional energy sources must be utilized more effectively and substitute sources are required to shut the supply-demand gap.​

Ecological regulations by governments to reduce contamination and endorse cleaner sources of fuel would contribute revenues to thegas to liquids (GTL) market. Escalating transportation needs in different countries are also predicted to steer market sales.
Moreover, concerns regarding shortage of fossil fuels and demand for substitute sources of energy will augment the market in the forecast period.
Browse full research report for gas to liquids (GTL) market:http://www.grandviewresearch.com/industry-analysis/gas-to-liquid-gtl-market
Governmental policies with respect to development of cleaner fuels and growing consumption of energy can have a direct market impact. Several big companies have begun developing synthetic fuels with the assistance of GTL technology.

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The gas to liquids (GTL) market is fragmented into three segments. These are production procedures, sizes, and regions.

On account of production procedures, the market is sliced into Fischer-Tropsch (FT), Methanol to Gasoline (MTG), and Syngas to Gasoline Plus. Small scale and large scale are the sizes.
The major GTL plants are located in the Middle East, South Africa, Qatar, Nigeria, and Mozambique. Malaysia from Asia Pacific is an active participant in the gas to liquids (GTL) market.
Read detailed report or request for TOC of this research report:
http://www.grandviewresearch.com/industry-analysis/gas-to-liquid-gtl-market/request-toc
Boosting plant construction due to energy consumption in Singapore, Malaysia, China, Japan, and India is projected to increase Asian Pacific incomes. The region would surface as the most swiftly expanding market during the forecast period.
Energy consumption, change of waste flare gas into helpful products, and governmental regulations favoring the development of clean fuels are the other market drivers.
Demand for huge investments in the development of GTL plants is an inhibitor of the market. Consumption of natural gas in Japan, China, and India and smaller-sized micro-channel reactor developments in comparison to conventional ones, can serve as future market prospects.
Some of the major companies in the gas to liquids (GTL) market comprise Linc Energy, Primus Green Energy, Royal Dutch Shell, Compact GTL, Sasol limited, and Chevron Corporation.
The market is moderately consolidated due to shortage of raw materials, huge capital costs, and intensive technology.

For more information:

• www.grandviewresearch.com/industry-analysis/gas-to-liquid…
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