Press Release
Natural Gas Liquids (NGLs) Market is Expected to Reach 13,239 Kilo Barrels/day by 2024, Says Variant Market Research
 Published Date:  Jul 2017  Publish By: Variant Market Research

Global Natural Gas Liquids (NGLs) Market Report, published by Variant Market Research, forecast that the global market is expected to reach 13,239 kilo barrels/day by 2024 from 7,793 kilo barrels/day in 2016, growing at a CAGR of 6.8% from 2016 to 2024. By geography, Asia-Pacific and Rest of the World (RoW) are expected to grow at a CAGR of 7.9% and 7.1%, respectively, during the forecast period.

"Natural Gas Liquids (NGLs) Market (By Product Type: Ethane, Propane, Isobutane, and Others; By Geography: North America, Europe, Asia-Pacific, and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at: https://www.variantmarketresearch.com/report-categories/energy-mining/natural-gas-liquids-market

The global natural gas liquids market is majorly driven by increasing demand in refineries and petrochemical plants, coupled with rise in utilization of associated gas. Moreover, replacement of wetter non-associated gas with traditional dry gas has also supplemented the growth of the market. However, high competition from other energy producing products such as bio gas, methane gas and others would act as a restraint for the market. Development in the infrastructure for NGLs would provide several growth opportunities for the market in the coming years.

The global natural gas liquids market is categorized into product type and geography. Product type segment includes ethane, propane, isobutene, and others. Ethane segment accounted for the largest market share in 2016, owing to its increasing demand in refineries for heating. However, the isobutene segment is expected to grow at the fastest CAGR during the forecast period 2016-2024.

Geographically the natural gas liquids market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America accounted for the largest market share in 2016, and is expected to continue its dominance during the forecast period, driven by increased demand from industrial and residential consumers. In terms of growth, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period 2016-2024. The high growth is majorly seen due to increasing energy demand in countries such as China and India.

Major players in the natural gas liquids market include, ConocoPhillips Company, SM Energy, Royal Dutch Shell Plc., Chesapeake Energy Corporation, Exxon Mobil Corporation, BP Plc, Range Resources Corporation, Linn Energy LLC, Statoil ASA, and Swift Energy Company, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Value Chain Analysis
    3.4 Market Dynamics
          3.4.1 Drivers
                   3.4.1.1 Impact Analysis
          3.4.2 Restraints
                   3.4.2.1 Impact Analysis
          3.4.3 Opportunities
    3.5 Porter’s five forces analysis
          3.5.1 Factors Impact Analysis
Chapter 4 Natural Gas Liquids Market by Product Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Propane
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Ethane
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Isobutene
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Other Products
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
Chapter 5 Natural Gas Liquids Market by Geography: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 North America
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
          5.2.3 US
                   5.2.3.1 Market Size and Forecast
          5.2.4 Canada
                   5.2.4.1 Market Size and Forecast
          5.2.5 Mexico
                   5.2.5.1 Market Size and Forecast
    5.3 Europe
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
          5.3.3 United Kingdom
                   5.3.3.1 Market Size and Forecast
          5.3.4 Russia
                   5.3.4.1 Market Size and Forecast
          5.3.5 Norway
                   5.3.5.1 Market Size and Forecast
          5.3.6 Others
                   5.3.6.1 Market Size and Forecast
    5.4 Asia-Pacific
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
          5.4.3 China
                   5.4.3.1 Market Size and Forecast
          5.4.4 India
                   5.4.4.1 Market Size and Forecast
          5.4.5 Malaysia
                   5.4.5.1 Market Size and Forecast
          5.4.6 Indonesia
                   5.4.6.1 Market Size and Forecast
          5.4.7 Others
                   5.4.7.1 Market Size and Forecast
    5.5 RoW
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
          5.5.3 Middle East
                   5.5.3.1 Market Size and Forecast
          5.5.4 South America
                   5.5.4.1 Market Size and Forecast
          5.5.5 Africa
                   5.5.5.1 Market Size and Forecast
Chapter 6 Company Profiles
    6.1 ConocoPhillips Company
    6.2 SM Energy
    6.3 BP Plc
    6.4 Linn Energy LLC
    6.5 Statoil ASA
    6.6 Swift Energy Company
    6.7 Exxon Mobil Corporation
    6.8 Royal Dutch Shell Plc
    6.9 Chesapeake Energy Corporation
    6.10 Range Resources Corporation

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