Global Natural Gas Liquids market, By Type (Ethane, Propane, Normal Butane, Isobutane, and Pentanes Plus)

ALBANY, NY, April 6, 2017 : The natural gas Liquids market has been segmented on the basis of type into ethane, propane, normal butane, isobutane, and pentanes plus. Ethane was the largest type segment of the natural gas Liquids market globally, accounting for more than 45% of the global share, in 2015. Sales of ethane increased due to its growing applications across the globe. Propane was the second-largest type segment accounting for more than 20% of the global share, and Isobutane was the smallest type segment of the natural gas Liquids market globally, accounting for less than 10%, in 2015. Isobutane was the smallest type segment owing to its limited applications and market value. The global natural gas Liquids market growth is anticipated to be hampered by increasing use of alternatives such as naphtha.

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The natural gas Liquids market was analyzed for North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. The Middle East had the largest production of natural gas liquids, followed by North America and Europe. The market for natural gas liquid in the Middle East accounted for more than 35% of global market share in 2015, whereas the market in North America stood at around 30%. The U.S., Saudi Arabia, Qatar, Canada, and he UAE were the leading countries in these regions with respect to natural gas liquids production. Europe, Africa, Latin America, and Asia Pacific also had significant natural gas liquids production in 2015. Europe held around 10% market share of the global natural gas Liquids market, while Asia Pacific, Africa, and Latin America accounted for less than 10% of the global market share in 2015. These regions are expected to increase natural gas liquids production during the forecast period owing to rising demand and growing investments in natural gas liquid production and processing infrastructure.

Some of the key market participants in the natural gas Liquids market include BP Plc, Chesapeake Energy Corporation, ConocoPhillips Company, Exxon Mobil Corporation, Linn Energy LLC, Range Resources Corporation, Royal Dutch Shell Plc., SM Energy, Statoil ASA, and Swift Energy Company. The report provides an overview of these companies, followed by their financial details (if available), business strategies, and recent developments.

The natural gas Liquids market has been segmented as follows:

Global Natural Gas Liquids market: Type Analysis

Ethane
Propane
Normal Butane
Isobutane
Pentanes Plus

Global Natural Gas Liquids market: Regional Analysis

North America
U.S.
Canada
Mexico
Europe
Norway
Russia
U.K.
Netherlands
Asia Pacific
Indonesia
Australia
India
Rest of Asia Pacific
Middle East
Qatar
Iran
Saudi Arabia
U.A.E
Rest of Middle East
Africa
Algeria

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Nigeria
Rest of Africa
Latin America
Argentina
Brazil
Venezuela
Rest of Latin America

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This release was published on openPR.