Press release
Natural Gas Liquids (NGLs) Market Redefine Energy Production and Consumption by 2030 | ExxonMobil Corp., Chesapeake Energy Corp., BP Plc, Range Resources Corp.
With a predicted CAGR of 5.4% from 2021 to 2030, the Global Market for Natural Gas liquids, which was valued at $16.9 billion in 2020, is expected to reach $28.5 billion by 2030. Natural gas liquids (NGL) are parts of natural gas that have been liquidised after being separated from the gaseous state. This separation happens at a gas processing plant or a field facility using absorption, condensation, or other techniques. Natural gas liquids are also hydrocarbons, a class of chemicals that includes natural gas and crude oil and is made entirely of carbon and hydrogen. Natural gas liquids come in a variety of forms, and there are several uses for NGL products. Ethane, propane, butane, isobutane, and pentane are among the byproducts of natural gas liquid. NGLs are added to petrochemical factories as feedstock, burnt for space heating and cooking, and combined with gasoline for vehicles. Increased NGL pricing as a result of higher crude oil prices has incentivized drilling in liquids-rich deposits with high NGL concentrations. Although these hydrocarbons have a similar chemical makeup, their uses differ greatly. The major portion of NGL field output is made up of ethane. Almost all of it is used to create ethylene, which is subsequently used to make plastics. Contrarily, most propane is used for heating, however, a sizeable portion is utilised as a feedstock for petrochemicals.Download Free Sample Natural Gas Liquids (NGLs) Market Report:
https://www.infinitybusinessinsights.com/request_sample.php?id=1500535&Mode=SST26
The Key companies profiled in the Natural Gas Liquids (NGLs) Market:
ExxonMobil Corp., Chesapeake Energy Corp., BP Plc, Range Resources Corp., Royal Dutch Shell Plc, SM Energy, ConocoPhillips Company, Swift Energy Company, Equinor, Linn Energy LLC, Chevron Corp., Canadian Natural Resources Limited, Anadarko Petroleum Corp., Alkcon Corp. & Others.
Global Natural Gas Liquids (NGLs) Market Split by Product Type and Applications
This report segments the Natural Gas Liquids (NGLs) Market on the basis of Types:
Propane
Ethane
Isobutene
Others
On the basis of Application, the Natural Gas Liquids (NGLs) Market is segmented into:
Petrochemicals
Space Heating
Others
Some regions of Europe, Turkey, and Australia favour the fuel known as "autogas," a propane and butane mixture. Natural petrol (pentanes plus) is beneficial for recovering energy from oil sands and wells, and it may be combined into other types of fuel for combustion engines. A sizeable portion of the chemical and material sector is dominated by natural gas liquid. Chemicals and materials are used in a wide range of industries, including the automotive, medical, and institutional cleaning industries. Products from the chemical sector are present in 96% of produced items. Therefore, it is envisaged that a sector with such extensive economic exposure will be impacted by the initial and ongoing changes brought on by COVID-19. Chemical and material firms might anticipate risks to weak business models as well as the major potential for development and transformation depending on how the epidemic develops and how it affects the economy. Additionally, there were major negative effects on import and export activity, which in turn had a negative influence on the markets for natural gas liquids across the world.
Offer, Flat 20% Off on Natural Gas Liquids (NGLs) Market Report:
https://www.infinitybusinessinsights.com/checkout?id=1500535&Discount=20&Mode=SST26
Market Segmentation:
Natural Gas Liquids (NGLs) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Regional Analysis:
The Natural Gas Liquids (NGLs) Market report covers the following countries: the United States, Canada, Mexico, Brazil, Argentina, Peru, the rest of South America, Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, the rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, the Philippines, and Vietnam.
Key Features Included in the Offering and Highlights of the Natural Gas Liquids (NGLs) Market Reports:
• The market for NGLs is driven by the increasing demand for clean and efficient energy sources.
• NGLs can be separated from natural gas through processes such as cryogenic extraction and fractionation.
• The market is influenced by factors such as natural gas production levels, oil and gas prices, and regional energy consumption patterns.
• NGLs are transported and stored in different forms, including pipelines, rail, trucks, and storage tanks.
• NGLs have international trade significance, with various countries engaging in import and export activities.
You can get some information about this Research Here:
https://www.infinitybusinessinsights.com/enquiry_before_buying.php?id=1500535&Mode=SST26
Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Natural Gas Liquids (NGLs) Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Natural Gas Liquids (NGLs) Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Natural Gas Liquids (NGLs) Market Analysis
Chapter 6 East Asia Natural Gas Liquids (NGLs) Market Analysis
Chapter 7 Europe Natural Gas Liquids (NGLs) Market Analysis
Chapter 8 South Asia Natural Gas Liquids (NGLs) Market Analysis
Chapter 9 Southeast Asia Natural Gas Liquids (NGLs) Market Analysis
Chapter 10 Middle East Natural Gas Liquids (NGLs) Market Analysis
Chapter 11 Africa Natural Gas Liquids (NGLs) Market Analysis
Chapter 12 Oceania Natural Gas Liquids (NGLs) Market Analysis
Chapter 13 South America Natural Gas Liquids (NGLs) Market Analysis
Chapter 14 Company Profiles and Key Figures in Natural Gas Liquids (NGLs) Business
Chapter 15 Global Natural Gas Liquids (NGLs) Market Forecast (2023-2028)
Chapter 16 Conclusions
Research Methodology...
Global Natural Gas Liquids (NGLs) Market Research FAQs
1. What is the study period of this market?
2. What is the growth rate of this Market?
3. Which region has the highest growth rate in this Market?
4. Which region has the largest share in this Market?
Browse complete Natural Gas Liquids (NGLs) Market report details with table of contents and list of figures click here:
https://www.infinitybusinessinsights.com/reports/global-natural-gas-liquids-ngls-market-outlook-and-forecast-2023-2030-1500535?Mode=SST26
If you have any special requirements, please let us know and we will offer you the report as you want.
Contact Us:
International: +1-518-300-3575
Email: inquiry@infinitybusinessinsights.com
Website: https://www.infinitybusinessinsights.com
About Us:
Infinity Business Insights is your one-stop source for comprehensive market research studies that have been put together by a wide range of publishers from across the world. We provide reports for practically every domain and a comprehensive list of all conceivable sub-domains. Our broad clientele from all sectors receives crucial decision-making insights from the in-depth market analysis conducted by some of the most highly experienced analysts, enabling them to plan and align their market strategies with current market trends. IBI's customized approach make sure that the clients attain peerless competitive advantage, build more skilled organizations, and secure lasting outcomes.
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 (NGLs) Market Redefine Energy Production and Consumption by 2030 | ExxonMobil Corp., Chesapeake Energy Corp., BP Plc, Range Resources Corp. here
News-ID: 3128626 • Views: …
More Releases from INFINITY BUSINESS INSIGHTS

Video Distribution Solutions Market To Witness the Highest Growth Globally in Co …
Infinity Business Insights has newly added the Video Distribution Solutions Market report 2025-2033 to acquire a stronger and more effective company view. This includes looking into previous progress, current market scenarios, and future potential. Accurate information about the Products, strategies, and market share of the market's main firms is provided. This study provides a comprehensive perspective of the competitive landscape in the global market. The research also forecasts the size and…

Analog Design Services Market Size, Share, Analysis, Demand, and Forecast 2025 t …
Infinity Business Insights has newly added the Analog Design Services Market report 2025-2033 to acquire a stronger and more effective company view. This includes looking into previous progress, current market scenarios, and future potential. Accurate information about the Products, strategies, and market share of the market's main firms is provided. This study provides a comprehensive perspective of the competitive landscape in the global market. The research also forecasts the size and…

Solar Panel Recycling Market Size And Booming Worldwide From 2025-2033 | Veolia, …
Infinity Business Insights has newly added the Solar Panel Recycling Market report 2025-2033 to acquire a stronger and more effective company view. This includes looking into previous progress, current market scenarios, and future potential. Accurate information about the Products, strategies, and market share of the market's main firms is provided. This study provides a comprehensive perspective of the competitive landscape in the global market. The research also forecasts the size and…

Online File Storage Services Market Survey Report 2025 Along with Statistics, Fo …
Infinity Business Insights has newly added the Online File Storage Services Market report 2025-2033 to acquire a stronger and more effective company view. This includes looking into previous progress, current market scenarios, and future potential. Accurate information about the Products, strategies, and market share of the market's main firms is provided. This study provides a comprehensive perspective of the competitive landscape in the global market. The research also forecasts the size…
More Releases for NGL
Imidocarb Dipropionate Market Size, Share and Forecast By Key Players-Active Bio …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Imidocarb Dipropionate market is anticipated to grow at a compound annual growth rate (CAGR) of 8% between 2024 and 2031. The market is expected to grow to USD 5.85 Billion by 2024. The valuation is expected to reach USD 10.02 Billion by 2031.
The imidocarb dipropionate market is experiencing notable growth, primarily due to its effectiveness as an…
Natural Gas Market | Business Growth, Development Factors, Current and Future Tr …
Natural gas market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023-2030). Natural gas accounts for about 30% of the energy used in the US Hot weather tends to increase the demand for air conditioning in homes and buildings, which in general increases the power industry's demand for natural gas. Natural gas can be used in different ways, including for the production of electricity, the…
Natural Gas Liquid (NGL) Market Future Growth and Demand Analysis by 2032
Natural Gas Liquid (NGL) Industry Overview:
The Natural Gas Liquid Market Research Report Information by Application, Product, and Region - Forecast Till 2032, the Natural Gas Liquid (NGL) market is likely to grow considerably throughout the valuation period from 2022 to 2032 at a notable CAGR of nearly 5.70%.
The research reports provide predictions regarding the global market's rising revenue data, which is anticipated to acquire a market worth of USD 32.6…
Natural Gas Liquids (NGL) Demand: Trends, Analysis, and Future Outlook
The global Natural Gas Liquid market is estimated to attain a valuation of 19,500 Thousand B/D by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6% during the forecast period, 2019 - 2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major…
Best Statistical Supplemental Health GAP Market Growth Set to Surge Significantl …
Stratagem Market Insights published a report titled "Supplemental Health GAP Market" research report which covers comprehensive data on prevalent trends, drivers, growth opportunities, and restraints that can change the market dynamics of the global industry. This report provides an in-depth analysis of the market segmentation that includes products, applications, and geographical analysis. Global Supplemental Health GAP market report delivers a close watch on leading competitors with strategic analysis, micro and…
Imidocarb Dipropionate Market 2022 Regional Landscape, Production, Sales & Consu …
Los Angeles, United State: The report is a comprehensive and one of the most accurate research studies on the global Imidocarb Dipropionate market. It sheds light on market competition, segmentation, regional growth, and dynamics such as drivers, restraints, trends, and opportunities. It provides validated and revalidated market figures, which include market size, CAGR, market share, revenue, gross margin, production, and consumption. It offers absolute dollar opportunity analysis, manufacturing cost analysis,…