Middle East and Africa Gas-to-Liquid Market By Application Forecast (2017-2025)
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Year FUEL OIL LUBRICATING OIL PROCESS OIL OTHERS
2017 $ 1531.8 $ 1212.3 $ 868.8 $ 530.3
2018 $ 1610.6 $ 1273.8 $ 912.2 $ 555.1
2019 $ 1695.2 $ 1339.0 $ 958.1 $ 580.5
2020 $ 1793.2 $ 1412.4 $ 1007.8 $ 601.6
2021 $ 1900.7 $ 1492.9 $ 1062.1 $ 624.5
2022 $ 2016.3 $ 1579.3 $ 1120.3 $ 648.6
2023 $ 2148.4 $ 1678.0 $ 1187.0 $ 676.4
2024 $ 2289.5 $ 1783.2 $ 1257.8 $ 705.2
2025 $ 2440.2 $ 1895.3 $ 1333.0 $ 735.1
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Middle East and Africa Gas-to-Liquid Market By Application Forecast (2017-2025)

Synopsis
The above chart is Global Gas-to-Liquid market [2017-2025] Middle East and Africa by Application

Market Dynamics

fuel oil segment accounted for the largest market share in 2018, this market is expected to reach usd 2440.20 million in 2025 from usd 1610.60 million in 2018. this market is projected to grow at a cagr of 6.26% during the forecast period from 2019 - 2025. however, fuel oil segment is the fastest growing market, which is expected to grow at a cagr of 6.26% during the forecast period 2019 - 2025.

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