Press release
Natural Gas Liquids Market Anticipated to Proliferate During the Forecast Period 2019 – 2025 | Major Industry Players - ConocoPhillips Company, SM Energy, BP Plc, Linn Energy, Statoil ASA, Swift Energy and more
The increasing investments toward petrochemical industry along with the rapid development of residential and commercial establishments will stimulate the market growth. The up surge in consumption of products for cooking, heating and burning purposes will positively impact the industry outlook. In addition, the growing demand for automobile products including tires, flooring, mattings and belts from both OEM and aftermarket will foster the business growth.Accelerating investments toward clean energy sources driven by concerns over diversification of fuel and shifting regulatory mandates toward energy transition will stimulate the natural gas liquid market. For instance, The Texas Clean Fleet Program directs owners to permanently remove the diesel vehicles from the road and replace them with alternative fuel vehicles. Furthermore, the growing need to cater increasing domestic demand, reinforce energy security and achieve self-sufficiency will augment the industry outlook.
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Increasing demand for space heating owing to rapidly changing climatic condition along with rising consumption of plastics and synthetic rubber for various applications will stimulate the global market growth. In addition, population growth, improved standard of living, rapid industrialization and urbanization across the emerging economies will favour the business outlook.
Key manufacturers are included based on company profile, sales data and product specifications etc.:
ConocoPhillips Company, SM Energy, BP Plc, Linn Energy, Statoil ASA, Swift Energy, Exxon Mobil Corporation, Royal Dutch Shell, Chesapeake Energy, Range Resources, Total, Chevron, Gazprom, Canadian Natural Resources, China National Petroleum Corporation, Eni, Rosneft, Petrobras, Lukoil, Chesapeake Energy, CNOOC, Suncor Energy, Devon Energy
Major applications as follows:
Cooking
Chemical Industry
Heating
Oil & Gas
Others
Major Type as follows:
Propane
Ethane
Isobutene
Others
Regional market size, production data and export & import:
Asia-Pacific
North America
Europe
South America
Middle East & Africa
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Key Reasons to Purchase:
1) To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
2) Assess the production processes, major issues, and solutions to mitigate the development risk.
3) To understand the most affecting driving and restraining forces in the Natural Gas Liquids market and its impact in the global market.
4) Learn about the Natural Gas Liquids market strategies that are being adopted by leading respective organizations.
5) To understand the future outlook and prospects for the market during years 2019-2026.
In the end, Natural Gas Liquids market report provides valuable information for companies like manufacturers, suppliers, distributors, traders, customers, investors and individuals who have interests in this industry.
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