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Natural Gas Liquids Market Expected to Grow at a CAGR of 6.67% By 2022 - Royal Dutch, Chesapeake , ConocoPhillips , SM , Exxon , Statoil

07-22-2019 03:39 PM CET | Energy & Environment

Press release from: Premium Market Insights

Natural Gas Liquids Market Expected to Grow at a CAGR of 6.67%

Premium Market Insights has announced the addition of the “Natural Gas Liquids Market” The report focuses on global major leading industry players with information such as company profiles, product picture and specification.

The Global Natural Gas liquids market is expected to grow at a CAGR of 6.67% from 2016 to 2022 to reach by 11,468 kilo barrels/day in 2022 from 7,306 kilo barrels/day in 2015. Natural Gas Liquids (NGLs) are those hydrocarbons in natural gas that are separated from the gas as liquids through various processes and the products thus obtained are majorly ethane, propane, butanes, pentane, and pentane plus. These products can be used for heat, in cooking, as an energy source, laundry dryers, portable stoves, and in motor vehicles.

The key factors responsible for driving the natural gas liquids market are increasing demand in petrochemical plants; increasing demand in refineries, and high demand from industrial and residential consumers. Some of the other factors responsible for driving this market are development in the natural gas business; increasing utilization of associated gas; traditional dry gas being replaced by wetter non-associated gas in some countries.

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The natural gas liquids market is segmented based on its product type, and geography. Based on product type, the market is segmented into ethane, propane, isobutane, and other type (normal butane, pentane, and pentane plus). Geographically, this market is segmented into North America (U.S., Canada, Mexico, Others), Europe (UK, Russia, Norway, and Rest of Europe), Asia-Pacific (Australia, Indonesia, Malaysia, China, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

KEY BENEFITS FOR STAKEHOLDERS:

This report provides an extensive analysis of the current and emerging market trends and dynamics in the global natural gas liquids market
In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2014 and 2022
Geographically, the natural gas liquids market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA
The projections in this report are made by analyzing the current trends and future market potential from 2014 to 2022 in terms of value and natural gas liquids
This report provides the quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework
Comprehensive analysis of all regions is provided that determines the prevailing opportunities in these geographies

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Table of Contents:
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 GLOBAL NATURAL GAS LIQUIDS MARKET, BY PRODUCT TYPE
CHAPTER 5 GLOBAL NATURAL GAS LIQUIDS MARKET, BY GEOGRAPHY
CHAPTER 6 COMPANY PROFILES

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Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

Contact Info:
Name: Sameer Joshi
Email: sales@premiummarketinsights.com
Organization: Premium Market Insights
Phone: +1-646-491-9876

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