Coal to Liquid Market

Global Coal to Liquid Market by Types (Ultra Clean Diesel, Alternative Liquid Fuels, Chemical Feedstock, Lubricants, and Synthetic Wax), Applications (Biofuels, Power Generation, Chemicals, and Wax), and Regions (North America, Latin America, Asia Pacific, and Middle East & Africa)

  • Report ID: MC-158
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 4
  • No. Of Pages: 229
  • Format:
  • Pub. Date: 05-12-2020
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Market Outlook:

The global coal to liquid market was valued at USD 3,870.9 Million in 2019 and is projected to reach USD 4,747.0 Million by 2027, expanding at a CAGR of 2.6% during the forecast period. Coal is a vital fuel utilized globally to generate electricity, while petroleum fuels are commonly utilized in vehicles. Moreover, coal and petroleum fuels majorly possess carbon (carbon-carbon bond (C-C)) hydrocarbons), which makes the conversion of coal to liquid fuel more feasible. The production of liquid fuel from coal is also known as coal-to-liquid (CTL) technology or coal liquefaction, either by direct or indirect liquefaction. In this procedure, coal is dissolved in a solvent at high temperature and pressure, followed by hydrogenation to produce a high-grade, clean fuel suitable for use in transport. Moreover, the obtained liquid fuel tends to be ultra-clean, sulfur-free, low in particulates, causes low CO2, oxides, and nitrogen emissions through Carbon Capture and Storage (CCS).

Global Coal To Liquid Market Key Takeaways

Market Dynamics
Abundant availability of coal, declining levels of petroleum reservoirs, and increased awareness about the technical expertise related to the conversion process among industrialists, and growth of transportation sector in developing nations, such as India and China. As synthetic fuels obtained from the conversion of coal are cleaner (eco-friendly) than those extracted from natural reservoirs, the demand for coal liquefaction has increased, owing to wide support from regulatory authorities worldwide.

Segmental Outlook

Based on type, the global coal to liquid market is segmented as ultra-clean diesel, alternative liquid fuels, chemical feedstock, lubricants, and synthetic wax. The ultra-clean diesel segment is anticipated to expand at a CAGR of ~3.3% during the forecast period as ultra-clean diesel are renewable and it contains ultra-low sulfur. Ultra-clean diesel is a patent-pending fuel that delivers those enhanced benefits either as a standalone fuel or for easy blending with petroleum diesel. Ultra-clean diesel is an approved fuel by the California Air Resources Board (CARB).

Global Coal To Liquid Market By Type

Based on application, the market is segmented into biofuels, power generation, chemicals, and wax. The biofuels segment is projected to hold a major share of the market during the forecast period as there is presence of various supporting regulatory policies and tax incentives across the world which, in turn, increases the demand for biofuel.

Definitions
By Application
Biofuel

Biofuel, any fuel that is derived from biomass—that is, plant or algae material or animal waste. Since such feedstock material can be replenished readily, biofuel is considered to be a source of renewable energy, unlike fossil fuels such as petroleum, coal, and natural gas.

Power Generation
Power generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery to end users or its storage. A characteristic of electricity is that it is not freely available in nature in large amounts, so it must be "produced" (that is, transforming other forms of energy to electricity). Production is carried out in power stations (also called "power plants"). Electricity is most often generated at a power plant by electromechanical generators, primarily driven by heat engines fueled by combustion or nuclear fission but also by other means such as the kinetic energy of flowing water and wind.

Chemicals
Objects that can be inflated with gas, usually with air are called inflatables. Instead of air hydrogen, helium and nitrogen are also used. Inflation happens through several strategies as pumps, ram-air, billowing, and suction. Coal to Liquids are also used to inflate the inflatables. Especially electric Coal to Liquids are most commonly used because it exerts high pressure which saves time. The automated nature of electric Coal to Liquids is making it easier for the inflatables users to get the required pressure in these inflatables.

Wax
The others category involved different applications of Coal to Liquids such as football, rugby ball, Soccer Ball, and others. This helps to inflate the things with suitable pressures and maintain the desired shapes, size, and sturdiness.

Regional Outlook

In terms of regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. APAC is a promising region for the market. The region constituted a significant market share of the market in 2019. The market in the region is projected to expand at a CAGR of 4.5% during the forecast period as there is an increase in disposable income, rise in government initiatives are some of the factors expected to boost the market growth in the region.

Global Coal To Liquid Market By Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Coal to Liquid Market
  • Historical, Current and Projected Market Size in terms of Value and Volume
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Coal to Liquid Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coal To Liquid Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Coal To Liquid Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Coal To Liquid Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Coal To Liquid Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Coal To Liquid Market Size & Forecast, 2017-2027
      4.5.1 Coal To Liquid Market Size and Y-o-Y Growth
      4.5.2 Coal To Liquid Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Type, 2017-2027
   4.7 Marketing Status Analysis of Coal to Liquid
Chapter 5 Global Coal To Liquid Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Coal To Liquid Market Size & Volume Forecast By Type
      5.2.1 Ultra Clean Diesel
      5.2.2 Alternative Liquid Fuels
      5.2.3 Chemical Feedstock
      5.2.4 Lubricants
      5.2.5 Synthetic Wax
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Coal To Liquid Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Coal To Liquid Market Size & Volume Forecast By Application
      6.2.1 Biofuels
      6.2.2 Power Generation
      6.2.3 Chemicals
      6.2.4 Wax
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Coal To Liquid Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Coal To Liquid Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Coal To Liquid Analysis and Forecast
   9.1 Introduction
   9.2 North America Coal To Liquid Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Coal To Liquid Market Size & Volume Forecast By Type
      9.6.1 Ultra Clean Diesel
      9.6.2 Alternative Liquid Fuels
      9.6.3 Chemical Feedstock
      9.6.4 Lubricants
      9.6.5 Synthetic Wax
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Coal To Liquid Market Size & Volume Forecast By Application
      9.10.1 Biofuels
      9.10.2 Power Generation
      9.10.3 Chemicals
      9.10.4 Wax
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Coal To Liquid Analysis and Forecast
   10.1 Introduction
   10.2 Europe Coal To Liquid Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Coal To Liquid Market Size & Volume Forecast By Type
      10.6.1 Ultra Clean Diesel
      10.6.2  Alternative Liquid Fuels
      10.6.3  Chemical Feedstock
      10.6.4  Lubricants
      10.6.5  Synthetic Wax
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Coal To Liquid Market Size & Volume Forecast By Application
      10.10.1 Biofuels
      10.10.2  Power Generation
      10.10.3  Chemicals
      10.10.4  Wax
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Coal To Liquid Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Coal To Liquid Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Coal To Liquid Market Size & Volume Forecast By Type
      11.6.1 Ultra Clean Diesel
      11.6.2  Alternative Liquid Fuels
      11.6.3  Chemical Feedstock
      11.6.4  Lubricants
      11.6.5  Synthetic Wax
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Coal To Liquid Market Size & Volume Forecast By Application
      11.10.1 Biofuels
      11.10.2  Power Generation
      11.10.3  Chemicals
      11.10.4  Wax
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Coal To Liquid Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Coal To Liquid Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Coal To Liquid Market Size & Volume Forecast By Type
      12.6.1 Ultra Clean Diesel
      12.6.2  Alternative Liquid Fuels
      12.6.3  Chemical Feedstock
      12.6.4  Lubricants
      12.6.5  Synthetic Wax
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Coal To Liquid Market Size & Volume Forecast By Application
      12.10.1 Biofuels
      12.10.2  Power Generation
      12.10.3  Chemicals
      12.10.4  Wax
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Coal To Liquid Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Coal To Liquid Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Coal To Liquid Market Size & Volume Forecast By Type
      13.6.1 Ultra Clean Diesel
      13.6.2  Alternative Liquid Fuels
      13.6.3  Chemical Feedstock
      13.6.4  Lubricants
      13.6.5  Synthetic Wax
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Coal To Liquid Market Size & Volume Forecast By Application
      13.10.1 Biofuels
      13.10.2  Power Generation
      13.10.3  Chemicals
      13.10.4  Wax
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Coal To Liquid Market: Competitive Dashboard
   14.2 Global Coal To Liquid Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Sasol
      14.3.2 Shenhua
      14.3.3 Yankuang
      14.3.4 DKRW Energy
      14.3.5 Bumi
      14.3.6 Monash Energy
      14.3.7 Linc Energy
      14.3.8 Altona Energy
      14.3.9 Pall
      14.3.10 TransGas Development Systems
Key Segments Covered
By Type
  • Ultra-Clean Diesel
  • Alternative Liquid Fuels
  • Chemical Feedstock
  • Lubricants
  • Synthetic Wax
By Application
  • Biofuels
  • Power Generation
  • Chemicals
  • Wax
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Spain
    • Poland
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

Key Market Players Profiled in the Report
  • Sasol
  • Shenhua
  • Yankuang
  • DKRW Energy
  • Bumi
  • Monash Energy
  • Linc Energy
  • Altona Energy
  • Pall
  • TransGas Development Systems
  • Key players in the market include Sasol, Shenhua, Yankuang, DKRW Energy, Bumi, Monash Energy, Linc Energy, TransGas Development Systems, Pall, and Altona Energy. These companies are considered manufacturers of Coal to Liquid based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, and geographical expansion where the potential opportunity for the Coal to Liquid is added in the company’s capacity.
  • For instance, in 2018, Yankuang Group and China Huaneng Group, has jointly build the top thermal coal supply-chain of coal and electric power. According to the investment agreements, on equal conditions, Yankuang Intelligent Logistics Company has the priority to supply Huaneng Group with thermal coal.
  • In 20 November 2017, Shenhua Group and the China Guodian Corporation, completed a merger on valued at almost $273bn. The resulting entity, the China Energy Investment Corporation, became the world’s largest organisation in the coal mining, thermal power, renewable energy, and coal-to-liquid conversion industries.
Global Coal To Liquid Market By Key Players

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers macroeconomics factors including GDP, population, disposable income, and others.

According to this Growth Market Reports report, the market from Coal to Liquid is likely to register a CAGR of 2.6% during forecast period 2020-2027, with an anticipated valuation of US$ 4,747.0 million by the end of the 2027.

In addition to market size (in US$ Million) and Company Market Share (in % for base year 2019), other data such as Pricing analysis for year 2017 to 2027 (estimated pricing analysis) is provided, market volume (2017 to 2027) for Coal to Liquid market is available in final report.

Abundant availability of coal, deteriorating levels of petroleum reservoirs, increased awareness about the technical expertise related to the conversion process among industrialists, and growth of transportation sector are expected to drive the market growth during forecast period.

Biofuels are the key end-user that are driving the Coal to Liquid Market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness declined ~ 1.6% between 2019 and 2020 owing to the considerable impact of COVID-19 pandemic on the Coal to Liquid Market. The ongoing research of Coal to Liquid for COVID-19 string is expected to grow the production Coal to Liquid product.

The base year considered for the global Coal to Liquid Market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2021 to 2027.

Major Manufactures include Sasol, Shenhua, Yankuang, DKRW Energy, Bumi, Monash Energy, Linc Energy, TransGas Development Systems, Pall, and Altona Energy.