Market Overview:
The global coal to liquid (CTL) market is expected to grow at a CAGR of XX% during the forecast period from 2018-2030. The market growth can be attributed to the increasing demand for alternative liquid fuels and rising concerns over environmental pollution. The global CTL market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into synthetic wax, chemical feedstock, lubricants, alternative liquid fuels, and ultra clean diesel. The synthetic wax segment is expected to grow at a high CAGR during the forecast period owing to its growing demand in end-use industries such as cosmetics and pharmaceuticals. On the basis of application, the market is divided into chemicals sector; wax sector; power generation sector; biofuels sector; and others including marine fuel oil etc. Among these applications sectors, chemicals sector dominates with highest share in terms of revenue contribution followed by Wax Sector in 2017 .Regionally North America accounted for largest revenue share followed by Europe in 2017 .
Product Definition:
Coal to Liquid (CTL) is the conversion of coal into liquid fuels, such as gasoline and diesel. CTL is important because it can help reduce dependence on oil imports.
Synthetic Wax:
Synthetic wax is a man-made product and has no natural occurrence. It is also known as petroleum wax or paraffin wax. Synthetic waxes are manufactured by the process of hydrocarbon polymerization which takes place in the presence of catalysts mainly due to temperature and pressure conditions.
Chemical Feedstock:
Chemical feedstock is the key raw material used in the production of fuels and chemicals. It can be defined as any substance that when added in sufficient quantity to a fuel or chemical process, produces products suitable for use as a source of energy or other commercial purpose. Chemical feedstock includes natural gas, coal, crude oil derivatives (such as naphtha), and others such as propane and hydrogen.
Application Insights:
The chemicals segment led the global coal to liquid market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Increasing demand for chemicals, such as polyurethane and alkyd resins, across end-use industries including coatings & adhesives, construction materials, automotive & transportation is expected to drive growth over the coming years.
Coal conversion plants are being constructed in China and India with an installed capacity of around 4 GW each. This trend is expected to continue over the forecast period with additional investments being made by power companies in existing plant capacities or new build projects at domestic facilities.
Regional Analysis:
Asia Pacific dominated the global CTL market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of global coal consumption, which has resulted in high market penetration across economies such as China, India, Japan and South Korea. Growing population coupled with rising living standards have led to increased demand for energy resources resulting in growing coal consumption across Asia Pacific.
China is one of the largest consumers of synthetic fuels globally owing to its massive steel industry that consumes large amounts of petroleum products for fuel purposes along with other applications including chemical feedstock production from shale gas. However, recent developments such as construction boom along with rapid urbanization have led to an increase in energy requirements resulting into increasing imports primarily from Australia and Indonesia among other countries contributing towards growth over the next eight years.
Growth Factors:
- Increasing demand from the transportation sector as a result of stringent emission norms and the growth of electric vehicles
- Government policies and regulations supporting CTL technology as a cleaner alternative to diesel fuel
- Rising prices of crude oil and natural gas, making CTL an economically attractive option
- Growing investments in CTL technology by major energy players
- Technological advancements that make the production process more efficient and reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Coal to Liquid (CTL) Market Research Report
By Type
Synthetic Wax, Chemical Feedstock, Lubricants, Alternative Liquid Fuels, Ultra Clean Diesel
By Application
Chemicals, Wax, Power Generation, Biofuels
By Companies
Pall, Shenhua, Yankuang, DKRW Energy, Bumi, Monash Energy, Linc Energy, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Coal to Liquid (CTL) Market Report Segments:
The global Coal to Liquid (CTL) market is segmented on the basis of:
Types
Synthetic Wax, Chemical Feedstock, Lubricants, Alternative Liquid Fuels, Ultra Clean Diesel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemicals, Wax, Power Generation, Biofuels
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pall
- Shenhua
- Yankuang
- DKRW Energy
- Bumi
- Monash Energy
- Linc Energy
- ...
Highlights of The Coal to Liquid (CTL) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Synthetic Wax
- Chemical Feedstock
- Lubricants
- Alternative Liquid Fuels
- Ultra Clean Diesel
- By Application:
- Chemicals
- Wax
- Power Generation
- Biofuels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coal to Liquid (CTL) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CTL is a term used to describe the conversion of coal into liquid fuels. This process can involve several steps, including washing, drying, and distillation. CTL products can be used in gasoline and diesel engines, as well as other industrial applications.
Some of the major companies in the coal to liquid (ctl) market are Pall, Shenhua, Yankuang, DKRW Energy, Bumi, Monash Energy, Linc Energy.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Coal to Liquid (CTL) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Coal to Liquid (CTL) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Coal to Liquid (CTL) Market - Supply Chain
4.5. Global Coal to Liquid (CTL) Market Forecast
4.5.1. Coal to Liquid (CTL) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Coal to Liquid (CTL) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Coal to Liquid (CTL) Market Absolute $ Opportunity
5. Global Coal to Liquid (CTL) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Coal to Liquid (CTL) Market Size and Volume Forecast by Type
5.3.1. Synthetic Wax
5.3.2. Chemical Feedstock
5.3.3. Lubricants
5.3.4. Alternative Liquid Fuels
5.3.5. Ultra Clean Diesel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Coal to Liquid (CTL) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Coal to Liquid (CTL) Market Size and Volume Forecast by Application
6.3.1. Chemicals
6.3.2. Wax
6.3.3. Power Generation
6.3.4. Biofuels
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Coal to Liquid (CTL) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Coal to Liquid (CTL) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Coal to Liquid (CTL) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Coal to Liquid (CTL) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Coal to Liquid (CTL) Demand Share Forecast, 2019-2029
9. North America Coal to Liquid (CTL) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Coal to Liquid (CTL) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Coal to Liquid (CTL) Market Size and Volume Forecast by Application
9.4.1. Chemicals
9.4.2. Wax
9.4.3. Power Generation
9.4.4. Biofuels
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Coal to Liquid (CTL) Market Size and Volume Forecast by Type
9.7.1. Synthetic Wax
9.7.2. Chemical Feedstock
9.7.3. Lubricants
9.7.4. Alternative Liquid Fuels
9.7.5. Ultra Clean Diesel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Coal to Liquid (CTL) Demand Share Forecast, 2019-2029
10. Latin America Coal to Liquid (CTL) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Coal to Liquid (CTL) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Coal to Liquid (CTL) Market Size and Volume Forecast by Application
10.4.1. Chemicals
10.4.2. Wax
10.4.3. Power Generation
10.4.4. Biofuels
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Coal to Liquid (CTL) Market Size and Volume Forecast by Type
10.7.1. Synthetic Wax
10.7.2. Chemical Feedstock
10.7.3. Lubricants
10.7.4. Alternative Liquid Fuels
10.7.5. Ultra Clean Diesel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Coal to Liquid (CTL) Demand Share Forecast, 2019-2029
11. Europe Coal to Liquid (CTL) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Coal to Liquid (CTL) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Coal to Liquid (CTL) Market Size and Volume Forecast by Application
11.4.1. Chemicals
11.4.2. Wax
11.4.3. Power Generation
11.4.4. Biofuels
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Coal to Liquid (CTL) Market Size and Volume Forecast by Type
11.7.1. Synthetic Wax
11.7.2. Chemical Feedstock
11.7.3. Lubricants
11.7.4. Alternative Liquid Fuels
11.7.5. Ultra Clean Diesel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Coal to Liquid (CTL) Demand Share, 2019-2029
12. Asia Pacific Coal to Liquid (CTL) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Coal to Liquid (CTL) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Coal to Liquid (CTL) Market Size and Volume Forecast by Application
12.4.1. Chemicals
12.4.2. Wax
12.4.3. Power Generation
12.4.4. Biofuels
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Coal to Liquid (CTL) Market Size and Volume Forecast by Type
12.7.1. Synthetic Wax
12.7.2. Chemical Feedstock
12.7.3. Lubricants
12.7.4. Alternative Liquid Fuels
12.7.5. Ultra Clean Diesel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Coal to Liquid (CTL) Demand Share, 2019-2029
13. Middle East & Africa Coal to Liquid (CTL) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Coal to Liquid (CTL) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Coal to Liquid (CTL) Market Size and Volume Forecast by Application
13.4.1. Chemicals
13.4.2. Wax
13.4.3. Power Generation
13.4.4. Biofuels
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Coal to Liquid (CTL) Market Size and Volume Forecast by Type
13.7.1. Synthetic Wax
13.7.2. Chemical Feedstock
13.7.3. Lubricants
13.7.4. Alternative Liquid Fuels
13.7.5. Ultra Clean Diesel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Coal to Liquid (CTL) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Coal to Liquid (CTL) Market: Market Share Analysis
14.2. Coal to Liquid (CTL) Distributors and Customers
14.3. Coal to Liquid (CTL) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pall
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shenhua
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yankuang
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DKRW Energy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bumi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Monash Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Linc Energy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook