Gas to-liquids processes for chemicals and energy production


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The market value of products produced by CTL processes is expected to increase from $2.6 billion in 2012 to $4 billion in 2017, a CAGR of 9%.

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Gas to-liquids processes for chemicals and energy production

  1. 1. Gas-to-Liquids Processes for Chemicals and Energy ProductionWorldwide, natural gas reserves far exceed oil reserves. Indeed, at current consumptionrates, the earth has about a 45-year supply of oil, compared with a nearly 1,000-yearsupply of natural gas. In many locales, though, natural gas is ―stranded‖ and thus suppliershave limited markets. A key objective of gas suppliers is the development of processingand conversion technologies, such as gas to liquids, that would enable entry to themultitrillion-dollar market for chemicals and liquid fuels.The gas-to-liquids (GTL) business is involved in the chemical conversion of stranded naturalgas feedstocks to liquid products such as transportation fuels and chemicals. Insofar asbeneficial processing of the world’s huge resource base of stranded natural gas isconcerned, GTL processing is a relatively recent research and development (R&D) focus ofthe petrochemical industry. Development of commercial-scale GTL plants, utilizing strandednatural gas, is a relatively recent development, too. Hence, the need for this BCC Researchreport.Request a Sample for or Inquire before buying the report @ GTL products are primarily transportation fuels (and are defined as synthetic fuels, orsynthetic fuels) and chemical feedstocks such as methanol, hydrogen, and otherpetrochemicals. As the terms are presently used in the petrochemical industry, ―GTL‖ and―GTL products‖ refer mainly to the output of plants (or refineries) that utilize strandednatural gas as feedstock. For that reason, conventional production of chemicals, includinghigh-volume methanol, typically via steam methane reforming (SMR) of nonstrandednatural gas, is not a principal focus of this report.This report is divided into seven sections, assesses and evaluates the demand and costs ofGTL in the chemical and energy production markets. It begins with an overview thatdescribes the importance of the GTL industry in relation to the overall U.S. economy,including a brief history and important indications for the GTL industry. Major products andapplications are reviewed, and key findings from the study are presented.Major points covered in Table of Contents of this report include:Chapter- 1: INTRODUCTIONChapter- 2: SUMMARYChapter- 3: OVERVIEWChapter- 4: INDUSTRY STRUCTURE AND COMPETITIVE DEVELOPMENTS
  2. 2. Chapter- 5: GTL PRODUCT DEMAND FORECASTSChapter- 6: REGULATORY DRIVERS—THE MACRO ENVIRONMENTChapter- 7: RECENT SIGNIFICANT PATENT ACTIVITYList of TablesList of FiguresBrowse reports related to Energy & Power @ Details:Published: April 2012No. of Pages: 219Price: Single User License – US$4850 Corporate User License – US$8500Contact:Priyank TiwariTX, Dallas North - Dominion Plaza,17304, Preston Road,Suite 800, Dallas 75252.Tel: +1-888-391-5441sales@reportsandreports.comVisit our Market Research Blog @ With Us: