
The global Gas-to-liquid (GTL) market size is predicted to grow from US$ 60.8 million in 2025 to US$ 76.3 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.
Gas to liquids (GTL) is a refinery process to convert natural gas or other gaseous hydrocarbons into longer-chain hydrocarbons such as gasoline or diesel fuel. Methane-rich gases are converted into liquid synthetic fuels either via direct conversion using the new GasTechno® non-catalytic gas-to-liquids process that converts methane to methanol in one step. Or via syngas as an intermediate, for example using the Fischer Tropsch or Mobil processes.
GTL Diesel accounts for more than 68% of the market, and the market share has not changed a lot. GTL Naphtha is much fewer than GTL Diesel.
The “Gas-to-liquid (GTL) Industry Forecast” looks at past sales and reviews total world Gas-to-liquid (GTL) sales in 2024, providing a comprehensive analysis by region and market sector of projected Gas-to-liquid (GTL) sales for 2025 through 2031. With Gas-to-liquid (GTL) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas-to-liquid (GTL) industry.
This Insight Report provides a comprehensive analysis of the global Gas-to-liquid (GTL) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas-to-liquid (GTL) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gas-to-liquid (GTL) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas-to-liquid (GTL) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas-to-liquid (GTL).
This report presents a comprehensive overview, market shares, and growth opportunities of Gas-to-liquid (GTL) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
GTL Diesel
GTL Naphtha
Others
Segmentation by Application:
Fuel Oil
Lubricating Oil
Process Oils
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shell
Oryx GTL
PetroSA
OLTIN YO'L GTL
Chevron
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gas-to-liquid (GTL) market?
What factors are driving Gas-to-liquid (GTL) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gas-to-liquid (GTL) market opportunities vary by end market size?
How does Gas-to-liquid (GTL) break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Gas-to-liquid (GTL) Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Gas-to-liquid (GTL) by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Gas-to-liquid (GTL) by Country/Region, 2020, 2024 & 2031
2.2 Gas-to-liquid (GTL) Segment by Type
2.2.1 GTL Diesel
2.2.2 GTL Naphtha
2.2.3 Others
2.3 Gas-to-liquid (GTL) Sales by Type
2.3.1 Global Gas-to-liquid (GTL) Sales Market Share by Type (2020-2025)
2.3.2 Global Gas-to-liquid (GTL) Revenue and Market Share by Type (2020-2025)
2.3.3 Global Gas-to-liquid (GTL) Sale Price by Type (2020-2025)
2.4 Gas-to-liquid (GTL) Segment by Application
2.4.1 Fuel Oil
2.4.2 Lubricating Oil
2.4.3 Process Oils
2.4.4 Others
2.5 Gas-to-liquid (GTL) Sales by Application
2.5.1 Global Gas-to-liquid (GTL) Sale Market Share by Application (2020-2025)
2.5.2 Global Gas-to-liquid (GTL) Revenue and Market Share by Application (2020-2025)
2.5.3 Global Gas-to-liquid (GTL) Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Gas-to-liquid (GTL) Breakdown Data by Company
3.1.1 Global Gas-to-liquid (GTL) Annual Sales by Company (2020-2025)
3.1.2 Global Gas-to-liquid (GTL) Sales Market Share by Company (2020-2025)
3.2 Global Gas-to-liquid (GTL) Annual Revenue by Company (2020-2025)
3.2.1 Global Gas-to-liquid (GTL) Revenue by Company (2020-2025)
3.2.2 Global Gas-to-liquid (GTL) Revenue Market Share by Company (2020-2025)
3.3 Global Gas-to-liquid (GTL) Sale Price by Company
3.4 Key Manufacturers Gas-to-liquid (GTL) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Gas-to-liquid (GTL) Product Location Distribution
3.4.2 Players Gas-to-liquid (GTL) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Gas-to-liquid (GTL) by Geographic Region
4.1 World Historic Gas-to-liquid (GTL) Market Size by Geographic Region (2020-2025)
4.1.1 Global Gas-to-liquid (GTL) Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Gas-to-liquid (GTL) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Gas-to-liquid (GTL) Market Size by Country/Region (2020-2025)
4.2.1 Global Gas-to-liquid (GTL) Annual Sales by Country/Region (2020-2025)
4.2.2 Global Gas-to-liquid (GTL) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Gas-to-liquid (GTL) Sales Growth
4.4 APAC Gas-to-liquid (GTL) Sales Growth
4.5 Europe Gas-to-liquid (GTL) Sales Growth
4.6 Middle East & Africa Gas-to-liquid (GTL) Sales Growth
5 Americas
5.1 Americas Gas-to-liquid (GTL) Sales by Country
5.1.1 Americas Gas-to-liquid (GTL) Sales by Country (2020-2025)
5.1.2 Americas Gas-to-liquid (GTL) Revenue by Country (2020-2025)
5.2 Americas Gas-to-liquid (GTL) Sales by Type (2020-2025)
5.3 Americas Gas-to-liquid (GTL) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Gas-to-liquid (GTL) Sales by Region
6.1.1 APAC Gas-to-liquid (GTL) Sales by Region (2020-2025)
6.1.2 APAC Gas-to-liquid (GTL) Revenue by Region (2020-2025)
6.2 APAC Gas-to-liquid (GTL) Sales by Type (2020-2025)
6.3 APAC Gas-to-liquid (GTL) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Gas-to-liquid (GTL) by Country
7.1.1 Europe Gas-to-liquid (GTL) Sales by Country (2020-2025)
7.1.2 Europe Gas-to-liquid (GTL) Revenue by Country (2020-2025)
7.2 Europe Gas-to-liquid (GTL) Sales by Type (2020-2025)
7.3 Europe Gas-to-liquid (GTL) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Gas-to-liquid (GTL) by Country
8.1.1 Middle East & Africa Gas-to-liquid (GTL) Sales by Country (2020-2025)
8.1.2 Middle East & Africa Gas-to-liquid (GTL) Revenue by Country (2020-2025)
8.2 Middle East & Africa Gas-to-liquid (GTL) Sales by Type (2020-2025)
8.3 Middle East & Africa Gas-to-liquid (GTL) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Gas-to-liquid (GTL)
10.3 Manufacturing Process Analysis of Gas-to-liquid (GTL)
10.4 Industry Chain Structure of Gas-to-liquid (GTL)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Gas-to-liquid (GTL) Distributors
11.3 Gas-to-liquid (GTL) Customer
12 World Forecast Review for Gas-to-liquid (GTL) by Geographic Region
12.1 Global Gas-to-liquid (GTL) Market Size Forecast by Region
12.1.1 Global Gas-to-liquid (GTL) Forecast by Region (2026-2031)
12.1.2 Global Gas-to-liquid (GTL) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Gas-to-liquid (GTL) Forecast by Type (2026-2031)
12.7 Global Gas-to-liquid (GTL) Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Shell
13.1.1 Shell Company Information
13.1.2 Shell Gas-to-liquid (GTL) Product Portfolios and Specifications
13.1.3 Shell Gas-to-liquid (GTL) Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Shell Main Business Overview
13.1.5 Shell Latest Developments
13.2 Oryx GTL
13.2.1 Oryx GTL Company Information
13.2.2 Oryx GTL Gas-to-liquid (GTL) Product Portfolios and Specifications
13.2.3 Oryx GTL Gas-to-liquid (GTL) Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Oryx GTL Main Business Overview
13.2.5 Oryx GTL Latest Developments
13.3 PetroSA
13.3.1 PetroSA Company Information
13.3.2 PetroSA Gas-to-liquid (GTL) Product Portfolios and Specifications
13.3.3 PetroSA Gas-to-liquid (GTL) Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 PetroSA Main Business Overview
13.3.5 PetroSA Latest Developments
13.4 OLTIN YO'L GTL
13.4.1 OLTIN YO'L GTL Company Information
13.4.2 OLTIN YO'L GTL Gas-to-liquid (GTL) Product Portfolios and Specifications
13.4.3 OLTIN YO'L GTL Gas-to-liquid (GTL) Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 OLTIN YO'L GTL Main Business Overview
13.4.5 OLTIN YO'L GTL Latest Developments
13.5 Chevron
13.5.1 Chevron Company Information
13.5.2 Chevron Gas-to-liquid (GTL) Product Portfolios and Specifications
13.5.3 Chevron Gas-to-liquid (GTL) Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Chevron Main Business Overview
13.5.5 Chevron Latest Developments
14 Research Findings and Conclusion
*If Applicable.
