Coal To Liquid (CTL) Market Boost The Industry Growth With USD 5.28 Billion By 2026 : Grand View Research Inc.
San Francisco, 28 March 2019: The Report Coal to Liquid (CTL) Market Size, Share & Trends Analysis Report By Technology (DCL, ICL), By Product (Diesel, Gasoline), By Region (APAC, MEA, North America, Central & South America), And Segment Forecasts, 2019 – 2026 The global Coal to Liquid (CTL) Market size is expected to reach USD 5.28 billion by 2026, according to a new report by Grand View Research, Inc. It is estimated to witness a CAGR of 3.9% over the forecast period. CTL, as a solution for supplementing production of transportation fuels from crude oil seems to be a more prospective option for the development of this industry based on better environmental capabilities, higher flexibility, and a stronger supporting experience and infrastructure. However, considering the current industry status, if this is supplemented with the development of new FT-based CTL facilities, it is anticipated that additional synergy for hydrocarbon liquefaction shou...