Global Gas-to-liquid (GTL) Market 2022-2026

Global Gas-to-liquid (GTL) Market 2022-2026

Technavio has been monitoring the gas-to-liquid (GTL) market and it is poised to grow by $ 2.97 bn during 2022-2026, progressing at a CAGR of 4.58% during the forecast period. Our report on the gas-to-liquid (GTL) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in natural gas production, increase in demand for clean fuel, and growing investment in GTL projects.

The gas-to-liquid (GTL) market analysis includes the product segment and geographic landscape.

Technavio's gas-to-liquid (GTL) market is segmented as below:

By Product

• GTL diesel
• GTL naphtha
• Others

By Geographical Landscape

• Middle East and Africa
• North America
• APAC
• Europe
• South America

This study identifies technological developments as one of the prime reasons driving the gas-to-liquid (GTL) market growth during the next few years. Also, rising demand for petrochemical feedstock and rapid growth of transportation sector will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on gas-to-liquid (GTL) market covers the following areas:

• Gas-to-liquid (GTL) market sizing
• Gas-to-liquid (GTL) market forecast
• Gas-to-liquid (GTL) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas-to-liquid (GTL) market vendors that include Axens SA, Black and Veatch Holding Co., Calvert Energy Group LLC, Chevron Corp., CompactGTL Ltd., Equinor ASA, Gas Technologies LLC, Greenway Technologies Inc., Greyrock Energy Inc., Haldor Topsoe AS, KBR Inc., Kenon Holdings Ltd., Nigerian National Petroleum Corp., OxEon Energy LLC, Petroleum Oil and Gas Corp. of South Africa SOC Ltd., QatarEnergy, Sasol Ltd., Shell plc, STI Gustav Stabernack GmbH, Uzbekistan GTL LLC, Velocys Plc, Xebec Adsorption Inc., and XTL Technology Ltd.. Also, the gas-to-liquid (GTL) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Axens SA, Black and Veatch Holding Co., Calvert Energy Group LLC, Chevron Corp., CompactGTL Ltd., Equinor ASA, Gas Technologies LLC, Greenway Technologies Inc., Greyrock Energy Inc., Haldor Topsoe AS, KBR Inc., Kenon Holdings Ltd., Nigerian National Petroleum Corp., OxEon Energy LLC, Petroleum Oil and Gas Corp. of South Africa SOC Ltd., QatarEnergy, Sasol Ltd., Shell plc, STI Gustav Stabernack GmbH, Uzbekistan GTL LLC, Velocys Plc, Xebec Adsorption Inc., XTL Technology Ltd.