Report Highlights
- The global market for GTL products was worth $4.4 billion in 2008. This is expected to reach $5.9 billion by the end of 2009 and $12.0 billion in 2014, a compound annual growth rate (CAGR) of 15.3% from 2009 through 2014
- Coal-to-liquids products have the largest share of the market, worth $2.5 billion in 2008 and an estimated $3.0 billion in 2009. This should grow at a CAGR of 15.0% to reach $6.0 billion in 2014.
- GTL represent the second largest market segment, generating $1.8 billion in 2008. This is expected to reach $2.7 billion in 2009 and $5.0 billion in 2014, a CAGR of 13.0%.
INTRODUCTION
STUDY GOALS AND OBJECTIVES
Report Highlights
- Natural gas liquids (NGLs) also will show an increase in demand growth. Between 1999 and 2004, NGLs will show demand growth with an AAGR of 5.9% per year as gas processing improves.
- Fischer-Tropsch (F-T) gas-to-liquids (GTL) represent the largest demand base for GTLs. In 2004, this category will represent 94.2% of total GTL demand. In the next five years (1999-2004), F-T GTL fuels demand will grow at an AAGR of 5.7% per year under new environmental legislation for clean transportation fuels that became effective in January 2000.
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