Coal Liquefaction Industry in United States

The tightening of worldwide oil reserves is causing the price of oil to escalate - and makes coal, which is much more abundantly available, an interesting starting material for liquid fuels and chemical raw materials. Circumstances have thus made coal liquefaction a very lucrative option. Coal liquefaction is a process that converts coal from a solid state into liquid fuels, usually to provide substitutes for petroleum products. Coal liquefaction processes were first developed in the early part of the 20th century but later application was hindered by the relatively low price and wide availability of crude oil and natural gas. Aruvian Research’s report on the Coal Liquefaction Industry in the United States is a complete coverage report which focuses on the basics of coal liquefaction, its history, challenges and barriers, the growth drivers, major market players, major ongoing projects, and the economics of coal liquefaction. With the growing popularity of coal liquefaction, Aruvian’s report comes at the right time for anyone wanting to upgrade their knowledge on this lucrative industry.