openPR Logo
Press release

Natural Gas Liquids Market: Industry Insights, Market Size, Top Trends, Drivers, Growth and Forecast to 2022

07-08-2019 08:55 PM CET | Energy & Environment

Press release from: Allied Market Research

Natural Gas Liquids Market

Natural Gas Liquids Market

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.

Download Sample Report: www.alliedmarketresearch.com/request-sample/1845?utm_sour...

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.

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.

Enquire for Discount: www.alliedmarketresearch.com/purchase-enquiry/1845?utm_so...

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.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Natural Gas Liquids Market: Industry Insights, Market Size, Top Trends, Drivers, Growth and Forecast to 2022 here

News-ID: 1799291 • Views: 238

More Releases from Allied Market Research

Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is

All 11798 Releases


More Releases for Natural

Natural Language Processing Market
Natural language processing (NLP) is the ability of a computer program to understand human speech as it is spoken. NLP is a component of artificial intelligence (AI). Scope of the Report: This report focuses on the Natural Language Processing in North America market, especially in United States, Canada and Mexico. This report categorizes the market based on manufacturers, countries, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/north-america-natural-language-processing-market-to-2022-1585894 Market Segment by Manufacturers, this report covers Apple Incorporation Dolbey
Natural Killer Cells Market
Natural killer cells are a form of granular lymphocytes of varying sizes that play an important role in innate immunity in the human body. They typically constitute of around 10% of total blood lymphocytes as compared to around 70% and 20% of T cells and B cells, respectively. Natural killer cells are cytotoxic in nature and are able to kill their targets cells by two different mechanisms: as antibody dependent
Natural Killer Cells Market
Natural killer cells are a form of granular lymphocytes of varying sizes that play an important role in innate immunity in the human body. They typically constitute of around 10% of total blood lymphocytes as compared to around 70% and 20% of T cells and B cells, respectively. Natural killer cells are cytotoxic in nature and are able to kill their targets cells by two different mechanisms: as antibody dependent
Natural Fiber Composites Market
With the increasing concern due to the recyclability and biodegradability composites such as glass and carbon, natural fiber composites serves as perfect replacement. Attributing to added properties such as high durability, low density, lightweight and cost effectiveness, natural fiber composites have gained significant traction. Natural fiber composites are reinforced matrices structure formed using natural fibers. Natural fiber such as coir, jute, bagasse, cotton, bamboo, hemp are used to manufacture high
Effective and natural detoxification
Effective and natural detoxification Effective purification and detoxification with the power of medicinal mushrooms Who doesn’t know that? In the first months of the year, many of us complain about tiredness and a lack of vitality. This is no surprise because our metabolism slows down during the cold season. It works slowly and sluggish. There is also our unbalanced lifestyle during winter. As a result, our body is overloaded with pollutants and
Galilee Market – An Online Natural Food Store for Natural Products
Galilee Market is the popular and prominent store of natural products. It offers plenty of natural products like natural cosmetics, natural foods, and more others. Galilee Market is the biggest source of natural products where anyone can get different types of natural products. These products are really superb for perfect health, strong body, and healthy skin. Galilee market offers natural products that made of natural ingredients and do not include