Natural Gas Liquids Market Expected to reach 11,468 kilo barrels/day, globally, by 2022

Natural Gas Liquids Market Report, published by Allied Market Research, forecast that the global market accounted for 7,306-kilo barrels/day in 2015 and is expected to reach 11,468 kilo barrels/day by 2022, growing at a CAGR of 6.67% during the forecast period. In 2015, Ethane occupied more than two-fifths of the total share, in terms of volume.

Increase in demand for petrochemical plants, refineries, and residential and industrial sectors are the major factors fueling the growth of the natural gas and liquid market. Propane is primarily used in petrochemical plants as a feedstock to produce ethylene and propylene, which is further used in making plastics. In addition, normal butane when mixed with propane produces ethylene and butadiene, which finds application in the production of synthetic rubber. Owing to rise in environmental concerns, the demand for isobutane has increased with extensive application in refineries to improve the quality of motor gasoline. Furthermore, the demand for isobutanes is expected to rise with applications in refrigerants and in common cooking lighters whereas pentanes are common ingredients in pesticides.

Economical gas to liquid technological innovations such as nanowire and Havelide systems provide innovative solutions to capture natural gases which gets wasted through flaring.

Natural gas liquids (NGLs) products are being transported through regular transport means such via tankers and ships but there is a need to develop a proper transportation channel for these products whereas, development of proper infrastructure can pave the way for potential market opportunities.

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Natural Gas Liquids Market Key Findings:
• In 2015, Propane occupied more than one-fifth of the total share by volume.
• The natural gas liquid market for ethane is expected to grow at a CAGR of 6.18% during the forecast period.
• The European natural gas liquid market for propane is likely to achieve a CAGR of 6.60% from 2016 to 2022.
• In 2015, North America dominated the market with more than two-fifths of the total share by geography.
• The U.S. market for natural gas liquids is anticipated to expand at a CAGR of 6.16% during the forecast period.

Asia-Pacific occupied approximately one-fifth of the total share by volume in 2015. The rise in energy demand has escalated the growth of natural liquids market especially in emerging economies like India and China. In addition, Asia-Pacific is expected to be the fastest growing market for natural gas liquids, which is anticipated to grow at a CAGR of 7.82% during the projection tenure.

Eminent market players in this sector include Royal Dutch Shell Plc., Chesapeake Energy Corporation, ConocoPhillips Company, SM Energy, Exxon Mobil Corporation, BP Plc, Range Resources Corporation, Statoil ASA, Swift Energy Company, and Linn Energy LLC.

List of Figures

FIG. 1 TOP WINNING STRATEGIES IN THE NATURAL GAS LIQUIDS MARKET (2013-2016)
FIG. 2 TOP WINNING STRATEGIES (%) (2013-2016)
FIG. 3 TOP INVESTMENT POCKETS
FIG. 4 PORTERS FIVE FORCES ANALYSIS OF NATURAL GAS LIQUIDS MARKET
FIG. 5 MARKET SHARE ANALYSIS OF NATURAL GAS LIQUIDS MARKET, 2015
FIG. 6 GLOBAL NATURAL GAS LIQUIDS MARKET, BY PRODUCT TYPE, 2015(%)
FIG. 7 KEY TRENDS
FIG. 8 KEY TRENDS
FIG. 9 KEY TRENDS
FIG. 10 KEY TRENDS
FIG. 11 GLOBAL NATURAL GAS LIQUIDS MARKET BY GEOGRAPHY, 2015(%)
FIG. 12 KEY MARKET TRENDS
FIG. 13 KEY MARKET TRENDS
FIG. 14 KEY MARKET TRENDS
FIG. 15 ROYAL DUTCH SHELL PLC: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 16 ROYAL DUTCH SHELL PLC: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 17 CHESAPEAKE ENERGY CORPORATION: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 18 CHESAPEAKE ENERGY CORPORATION: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 19 CONOCOPHILLIPS COMPANY: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 20 CONOCOPHILLIPS COMPANY: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 21 SM ENERGY: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 22 SM ENERGY: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 23 EXXON MOBIL CORPORATION: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 24 EXXON MOBIL CORPORATION: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 25 BP PLC: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 26 BP PLC: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 27 RANGE RESOURCES CORPORATION: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 28 RANGE RESOURCES CORPORATION: REVENUE, BY GEOGRAPHY (%), 2015
FIG. 29 STATOIL ASA: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 30 STATOIL ASA: REVENUE, BY GEOGRAPHY (%),
FIG. 31 SWIFT ENERGY COMPANY: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 32 SWIFT ENERGY COMPANY: REVENUE, BY GEOGRAPHY (%),
FIG. 33 LINN ENERGY LLC: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 34 LINN ENERGY LLC: REVENUE, BY GEOGRAPHY (%),

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