Research Report Coal to Liquid Fuel (CTL) Market 2013 - 2019 Nov 2016 | Page 3

may find it hard to fund industrial-scale production of liquid fuels from coal. This has emerged as a major restraint on the global coal to liquid fuel market. Global Coal to Liquid Fuel (CTL) Market: Geographical Overview Regionally, China, the U.S., India, South Africa, Australia, and Russia are the major markets for coal to liquid fuel technology. The abundant availability of coal reserves in these countries is responsible for the rapid growth of the sector. China and India are expected to be the dominant regional coal to liquid fuel markets in the coming years due to the growing transportation sector in these countries. Liquid fuels derived from coal also have the potential to be use d as cooking fuel. For instance, dimethyl ether is nontoxic and generates less carbon monoxide than the conventionally popular LPG. The rampant urbanization in China and India will also help the coal to liquid fuel market in this respect. Major players currently operating in the coal to liquid fuel market include Shenhua, Sasol, Linc Energy, DKRW Energy, Bumi plc, and Monash Energy. Global Coal to Liquid Fuel Market, by Process: • Direct Liquefaction • Indirect Liquefaction Major regions analyzed in this research report are: • Europe • North America • Asia Pacific