Global Natural Gas Liquids Market Sales Industry Research Report 2023

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Natural Gas Liquids Market Global Industry
Analysis, Trends, Market Size and Forecasts to
2023
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A latest report has been added to the wide
database of Natural Gas Liquids Market by
Infinium Global Research. This report studies
the Natural Gas Liquids Market by type (ethane,
propane, butane, iso-butane, pentane and pentane
plus) market status and outlook of global and
major regions, from manufacturers, and end
industries. The objective of the study is to
identify market sizes of different segments
countries in recent years and to forecast the
values for the next six years. Natural Gas
Liquids Market provides opportunities in micro
markets for stakeholders to invest along with
the detailed analysis of competitive landscape,
latest trends, and product offerings of the
major companies in the Natural Gas Liquids
Market Get a Sample Request https//www.infiniumg
lobalresearch.com/reports/sample_request/760 Mark
et Insights 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
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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. Make an Enquiry https//www.infiniumgloba
lresearch.com/reports/enquiry/760 Segments
Covered 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 Geographic Coverage and
Analysis 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.
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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. Companies profiled 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.
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Report highlights The report provides deep
insights on demand forecasts, market trends and
micro and macro indicators. In addition, this
report provides insights on the factors that are
driving and restraining the demand of natural
gas liquids globally as well as regionally.
Moreover, IGR-growth matrix analysis given in
the report brings an insight on the investment
areas that existing or new market players can
consider. The report provides insights into the
market using analytical tools such as porters
five forces analysis and value chain analysis of
natural gas liquids. Moreover, the study
highlights current market trends and provides
forecast from 2017 to 2023. We also have
highlighted future trends in the natural gas
liquids market that will impact the demand
during the forecast period. Moreover, the
competitive analysis given in each regional
market brings an insight on the market share of
the leading players. Additionally, the
analysis highlights rise and fall in the market
shares of the key players in the market. This
report will help manufacturers, suppliers and
distributors of the natural gas liquids market to
understand the present and future trends in this
market and formulate their strategies
accordingly. Click the Below Full Report Link
https//www.infiniumglobalresearch.com/energy_mini
ng_infra/global_natural_gas_liquids_ma rket