openPR Logo
Press release

Natural Gas Liquids Market Analysis Detailed Profiles of Top Industry Players and Their Segments Till 2023

02-20-2018 02:44 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Infinium Global Research

Natural Gas Liquids Market Analysis Detailed Profiles of Top

Natural gas is a fossil fuel that forms when animal or plant remains are exposed for thousands of years to extremely high pressure and heat. Natural gas liquids are hydrocarbons that have condensed from the natural gas gaseous state into a liquid state. Natural gas liquids include ethane, propane, butane, ISO-butane and pentane. Furthermore, natural gas liquids (NGL’S) are used for a wide range of commercial and industrial purposes such as petrochemical feedstock, heating, cooking and vehicle fuel. NGL’S can also be produced in oil refineries alongside diesel and other fuels.

The global natural gas liquids market is projected to grow with a CAGR between 6.5% and 7.0% during 2017-2023. Increasing demand for ethane, butane and propane with their application in petrochemical industry is the key factor driving the growth of global natural gas liquid market. Furthermore, rising demand for natural gas liquid products in refineries such as to convert ethane into ethylene by steam cracking, propane used for cracking petroleum into gasoline and ISO-butane to increase the octane number of motor gasoline to improve its quality will drive this market globally. Moreover, increasing population with changing lifestyle and high residential usage of propane and butane products for burning, heating and cooking which in turn will drive the global natural gas liquid market over the forecast period. However, decline in crude oil prices and tough competition from other energy by products such as bio gas and methane gas are the key restraining factors for the growth of this market over the forecast period. Hence, development in the infrastructure for natural gas liquid and recent discoveries as well as innovations will bring more opportunities to the global natural gas liquid market for the next six years.

Get Sample Copy of this Report @ https://www.infiniumglobalresearch.com/Reports/MakeSampleRequest/760

The report segments the natural gas liquids market by product type and by region. Market segmentation based on product type includes ethane, propane, butane, ISO-butane, pentane and pentane plus. Moreover, ethane is accounted as the largest product segment in the natural gas liquid market due to its rising applications in several end use industries globally. Furthermore, propane is the second largest product segment

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Latin America and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023.

From row region, Middle East has the largest production of natural gas liquid and holds the largest share due to presence of huge oil refineries as well as increasing industrialization in countries such as Saudi Arabia, Iran, UAE and Qatar. Furthermore, North America region is the second largest producer of natural gas liquid market due to rapid growth in shale gas and increasing investment by the U.S government for installation of new oil refineries. The North America natural gas liquid market is anticipated to grow at a highest CAGR rate over the forecast period due rapid boom in shale gas and increasing residential usage as well as growing petrochemical industries across U.S And Canada. Moreover, Asia Pacific is also expected to witness a significant growth over the forecast period due to growth in automotive sector which has led to increase in demand for natural gas liquids primarily in developing economies such as China, India, Japan and South Korea. In addition, growth in various industrial sectors such as food, manufacturing and refineries as well as development in infrastructure will also increase the demand for NGL product in the Asia Pacific region.

Enquiry before Buying This Report @ https://www.infiniumglobalresearch.com/Reports/MakeEnquiryRequest/760

The companies covered in the report Include Exxonmobil Corp., Chesapeake Energy Corp., Bp Plc, Range Resources Corp., Royal Dutch Shell Plc, SM Energy, Conocophillips Company, Swift Energy Company, Statoil ASA, Linn Energy Llc, Chevron Corp., Canadian Natural Resources Limited, Anadarko Petroleum Corp., and Alkcon Corp.

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us

Infinium Global Research,
Toll Free:
U.S. + Canada: 1-800-638-0796,
Website : https://www.infiniumglobalresearch.com
Email: sales@infiniumglobalresearch.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 Analysis Detailed Profiles of Top Industry Players and Their Segments Till 2023 here

News-ID: 950557 • Views:

More Releases from Infinium Global Research

Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: Infinium Global Research
Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: …
Infinium Global Research, a prominent market research firm, has released an in-depth report providing a comprehensive analysis of the Global Aircraft Tyre Market. The report dives into segments and sub-segments, highlighting both global trends and regional insights that significantly impact this dynamic industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1058 Steady Market Growth The global aircraft tyre market, valued at USD 1634.41 million in 2022, is anticipated to surge to
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2030 at 6.50% CAGR | Infinium Global Research
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2 …
Infinium Global Research, a leading research firm, has published an extensive report providing a detailed analysis of the Global Automotive Interior Leather Market. The report offers comprehensive insights into segments and sub-segments, highlighting both global trends and regional dynamics shaping this thriving industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1266 Steady Market Growth The global automotive interior leather market, valued at USD 30.82 billion in 2022, is projected to skyrocket
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Billion By 2030 | Infinium Global Research
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Bi …
Infinium Global Research, a leading authority in market analysis, has released an extensive report offering a deep dive into the Global Automatic Car Wash Market. The report presents an in-depth analysis of segments and sub-segments, shedding light on both global trends and regional dynamics impacting this burgeoning industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1295 Robust Market Growth The automatic car wash market, valued at USD 4.04 billion
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at a Robust CAGR of 5.51% Between 2023 to 2030 | Infinium Global Research
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at …
Infinium Global Research, a leading market research firm, has released an expansive report offering an in-depth analysis of the Global Automotive Logistics Market. The report delves into crucial segments and sub-segments, shedding light on both global and regional dynamics impacting this intricate industry. The comprehensive study reveals the profound impact of drivers, restraints, and macro indicators on the automotive logistics market. Providing a comprehensive outlook, the report highlights evolving trends, forecasts,

All 5 Releases


More Releases for Natural

Natural Beauty Launches “Natural Growth” Haircare Product Line 
Prominent Hair Brand Expands Product Line Offerings to Include Hair Care Products With Strong Focus on Moisture, Growth, and Retention Euclid, Ohio-- Natural Beauty, announced today the debut of the companies Natural Growth product line. Known for high-quality bundle/weave hair, Natural Beauty wanted to expand their mission for 2020 to care for hair both in and out of protective styles. Though the Natural Growth Line does appeal strongly to those with natural hair
Natural Fragrance Market Report 2018: Segmentation by Product (Wood based natura …
Global Natural Fragrance market research report provides company profile for International Flavors & Fragrances Inc, Takasago International Corporation, Symrise, Frutarom, Kerry Group plc, Givaudan, Firmenich SA, Sensient Technologies Corporation, Paris Fragrances USA and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR
Global Natural Shampoo Market 2017 : Jason Natural, Avalon Natural Products, Rev …
Global Natural Shampoo Market 2016 - 2017 A market study ” Global Natural Shampoo Market ” examines the performance of the Natural Shampoo market Size 2017. It encloses an in-depth Research of the Natural Shampoo market state and the competitive landscape globally. This report analyzes the potential of Natural Shampoo market in the present and the future prospects from various angles in detail. The Global Natural Shampoo Market 2017 report includes Natural
Global Natural Bee Honey Sales Market 2017 Top Players - Ambrosia Natural Produc …
To begin with, the report defines the Natural Bee Honey Sales market and segments it based on the most important dynamics, such as applications, geographical/regional markets, and competitive scenario. Macroeconomic and microeconomic factors environments that currently prevail and also those that are projected to emerge are covered in this report. Download Free Sample Report @ https://www.fiormarkets.com/report-detail/61955/request-sample The report’s analysis is based on technical data and industry figures sourced from the most reputable
Global Natural Bee Honey Market Research Report 2017 - Reho Natural, Blue Ridge …
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Natural Bee Honey in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Natural Bee Honey market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Ambrosia Natural Products Kejriwal Hi Tech Natural Products Wee Bee Raw Honey Nomade Trade Ets Bee Natural Honey Reho
Global Natural Shampoo(Organic Shampoo) Sales Market 2017 - Jason Natural, Avalo …
Natural Shampoo(Organic Shampoo) Sales market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability also lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. To begin with, the report defines the Global Natural Shampoo(Organic Shampoo) Sales Market and segments it based on the most important dynamics,