Research Report Coal to Liquid Fuel (CTL) Market 2013 - 2019 Nov 2016 | Page 2

REPORT DESCRIPTION

Global Coal to Liquid Fuel (CTL) Market: Description
Coal and liquid petroleum fuels are among the two most commonly used fuels all over the world. Coal is the major
fuel type used around the world to produce electricity, while petroleum fuels are common in automobiles of all kinds.
Due to their similar internal structure (both are made up of hydrocarbons), coal can be converted into liquid fuels.
This process has gained attention in recent years due to the increasing acknowledgement of the falling levels of
petroleum reservoirs. Since petroleum is more valued at present than coal due to its usage in transportation, the
coal to liquid fuel process (CTL) is gaining increasing demand.

Complete Report with TOC : http://www.transparencymarketresearch.com/coal-liquid-fuelmarket.html
The report provides detailed data about the various segments of the global coal to liquid fuel market, the major
companies operating in it, and the key trends influencing its growth trajectory. The performance of the North
America, Europe, Asia Pacific, and Rest of the World markets for coal to liquid fuel processes and technologies is
examined in the report to provide readers a complete overview of the regional dynamics of the global market. The
analysis of major players given in the report will help readers figure out the likeliest contenders they would have to
deal with as well as the most promising opportunities for collaboration.
Global Coal to Liquid Fuel (CTL) Market: Drivers and Restraints
The major driver of the global coal to liquid fuel market is the abundant availability of coal, particularly compared to
liquid fuels. While the dropping levels of crude oil reservoirs have made headlines recently, coal reserves have still
remained productive enough for coal to remain the most widely used fuel type for power generation. Due to this, the
idea of converting coal to liquid fuels has picked up speed in recent years.
Synthetic fuels obtained from the conversion of coal are often cleaner than those extracted from natural reservoirs.
This has led to coal liquefaction gaining increased support from regulatory authorities all over the world.
The technological advancement of the oil and gas industry has also helped this idea establish a foothold, since the
technological knowhow of the conversion process is relatively easily available. However, the high costs of the
process have not gone down significantly since it began to be utilized. This leads to the process only being
economically feasible when oil prices are high. Currently, with oil prices facing record lows, even multinational giants