Natural Gas Liquids Market 2020 : Billion Dollar Global Business with Unlimited Potential | BP PLC, Chesapeake Energy Corp., ConocoPhillips, Exxon Mobil Corp

The Natural Gas Liquids market to Natural Gas Liquids sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Natural Gas Liquids market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

Natural gas liquids are hydrocarbons in the same family of molecules as crude oil and natural gas, composed exclusively of hydrogen and carbon. Natural gas liquids such as butane, propane, ethane, and isobutene have gained popularity in the petrochemical industry owing to its wide range of applications that boosting demand for the natural gas liquids market. Increasing demand from refineries and high demand from industrial and residential consumers are driving the growth of the natural gas liquids market.

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Leading companies profiled in the report include BP PLC, Chesapeake Energy Corp., ConocoPhillips, Exxon Mobil Corp, Linn Energy LLC, Range Resources Corporation, Royal Dutch Shell PLC, SM Energy, Statoil ASA, Swift Energy Company

Increasing demand for space heating owing to its rapidly changing climate condition are propelling the growth of the market. Rising demand for natural gas liquids in rubber production and plastics production applications is also boosting demand for the natural gas liquids market. However, the huge cost of handling, transportation, and storage of natural gas liquids may hamper the growth of the market. The increasing investments toward the petrochemical industry also surge in the consumption of products for heating, cooking, burning is expected to drive the growth of the natural gas liquids market.

The report highlights key growth strategies adopted by these players of the Natural Gas Liquids industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

Market Segmentation:

By Type:

o Ethane
o Propane
o Isobutane

The Natural Gas Liquids market is segmented based on a, b, and c. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.

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