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Natural Gas Liquids Industry experience significant CAGR growth of 7.45% with Top players -ExxonMobil, Royal Dutch Shell, SM Energy, Statoil, Range Resources, Chesapeake Energy and ConocoPhillips

09-17-2018 08:29 AM CET | Energy & Environment

Press release from: Crystal Market Research

Natural Gas Liquids Industry

Natural Gas Liquids Industry

Competitive Insights 2018:
ExxonMobil, Royal Dutch Shell, SM Energy, Statoil, Range Resources, Chesapeake Energy and ConocoPhillips. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Overview:
Natural Gas Liquids Industry, By Product Type, (Ethane, Propane, Isobutene)

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The Natural Gas Liquids Market is segmented as follows-
Natural Gas Liquids Market, By Product Type, Estimates and Forecast, 2014-2023($Million)

• Ethane
• Propane
• Isobutane
• Other Product Types

Industry Outlook and Trend Analysis:
The Natural Gas Liquids Industry was worth 6555.93 kilo barrels/day in the year 2014 and is expected to reach approximately 12516.52 kilo barrels/day by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.45% during the forecast period. The natural gas liquids market holds a considerable degree for development. Its contribution to the worldwide market is anticipated to increase fundamentally finished the traverse of the following years. Recent revelations and developments have made huge open doors for various players to enter the petroleum gas fluids market. The major factors in charge of driving the natural gas liquids market are expanding requirement from petrochemical plants; expanding request from refineries, and demand from residential and industrial customers. A portion of alternate factors in charge of driving this market are advancement in the natural gas business and the expanding usage of related gas. Restraining elements to this market are absence of infrastructure to deal with NGLs and extreme rivalry from other energy creating products, for example, biogas, methane gas, and some more.

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Application Outlook and Trend Analysis:
On the basis of product the market is segmented into Isobutane, Ethane and Propane. Of these, ethane held the biggest share of 45 percent in the market in 2014. The shale revolution observed in the United States has activated change in perspective in the worldwide natural gas liquids market. This built up the United States as a main exporter of ethane in the worldwide market.

Regional Outlook:
Geographically, Middle East and North America rose as the most alluring markets for natural gas liquid in 2015. While the Middle East held the biggest share in the general market in 2015, North America is ready to surge at the speediest CAGR amid the figure period. In North America, the United States furthermore, Canada developed as the biggest makers of gaseous petrol fluids in 2014. The United States is currently witnessing shale gas boom because of which the generation of natural gas has essentially expanded in the nation. Residential heating and petrochemical enterprises have risen as the major application fragments of natural gas liquid in the United States In Canada, production and sale of natural gas liquids are supported by the existence of built up infrastructure. Asia Pacific is constantly expanding in its creation and preparing capacity of natural gas. A portion of the main markets for natural gas liquids in Asia Pacific incorporate China, India, Indonesia, and Australia.

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Reasons to buy a Exclusive report?
1) An extensive research study on the Global Natural Gas Liquids market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Natural Gas Liquids market.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.

Major TOC of Natural Gas Liquids Market:
Chapter3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Demand From Petrochemicals Plants and Refineries

Chapter4. Natural Gas Liquids Market, By Product Type
4.1. Introduction
4.2. Natural Gas Liquids Market Assessment and Forecast, By Product Type, 2014-2023

Chapter5. Natural Gas Liquids Market, By Region
5.1. Introduction
5.2. Natural Gas Liquids Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.3. North America
5.3.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.3.2. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.3.3. U.S.
5.3.3.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.3.4. Canada
5.3.4.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.3.5. Mexico
5.3.5.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4. Europe
5.4.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.4.2. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4.3. Germany
5.4.3.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4.4. France
5.4.4.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4.5. UK
5.4.5.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4.6. Italy
5.4.6.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4.7. Spain
5.4.7.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.4.8. Rest of Europe
5.4.8.1. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)
5.5. Asia-Pacific
5.5.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
5.5.2. Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

…CONTINUED FOR TOC
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contacts Us
Judy | 304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
E-mail: sales@crystalmarketresearch.com | Ph: +1-888-213-4282
Web: https://www.crystalmarketresearch.com

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