Natural Gas Liquids Market
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong><br />
<strong>Market</strong><br />
Opportunities and<br />
Forecasts, 2014- 2022<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong> by Product Type (Ethane, Propane,<br />
Isobutane, and Others)
Current and Future <strong>Market</strong> Scenario<br />
• Global <strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong> is expected to reach 11,468 kilo barrels/day by<br />
2022, states Allied <strong>Market</strong> Research.<br />
• Global <strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong> will grow at a prominent CAGR of 6.67 % from 2014<br />
to 2022.<br />
• Asia-Pacific is expected to be the fastest growing market for natural gas liquids, which<br />
is anticipated to grow at a CAGR of 7.82% during the projection tenure.<br />
• Ethane occupied more than two-fifths of the total share, in terms of volume.<br />
• The natural gas liquids market holds a substantial scope for growth.<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong>
<strong>Market</strong> Segments<br />
By Product Types<br />
By Geography<br />
Ethane<br />
Propane<br />
Isobutene<br />
Normal butane<br />
North America<br />
Europe<br />
Asia-Pacific<br />
LAMEA<br />
Pentane<br />
pentane plus<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong>
Factors Contributing to <strong>Market</strong> Growth<br />
• Increase in demand for petrochemical plants, refineries, and residential and industrial<br />
sectors are the major factors fueling the growth of the natural gas and liquid market.<br />
• The rise in energy demand has escalated the growth of natural liquids market<br />
Other factors that contribute to market growth are:<br />
• Increasing demand from petrochemical plants.<br />
• Increasing demand from refineries.<br />
• High demand from industrial and residential consumers<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong>
Australia <strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong> Size<br />
China and India are the countries whose demand has increased at an unexpected rate<br />
and in the future the natural gas liquids market can be a big market in these countries,<br />
while the natural gas liquids market in Australia is expected to grow at a CAGR of 7.81%<br />
during the forecast period.<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong>
Region Overview<br />
• The European natural gas liquid market for propane is likely to achieve a CAGR of<br />
6.60% from 2016 to 2022.<br />
• In 2015, North America dominated the market with more than two-fifths of the total<br />
share by geography.<br />
• The U.S. market for natural gas liquids is anticipated to expand at a CAGR of 6.16%<br />
during the forecast period.<br />
• Asia-Pacific occupied approximately one-fifth of the total share by volume in 2015<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong>
Leading Players<br />
Eminent market players in this sector include Royal Dutch Shell Plc., Chesapeake Energy<br />
Corporation, ConocoPhillips Company, SM Energy, Exxon Mobil Corporation, BP Plc,<br />
Range Resources Corporation, Statoil ASA, Swift Energy Company, and Linn Energy LLC.<br />
<strong>Natural</strong> <strong>Gas</strong> <strong>Liquids</strong> <strong>Market</strong>
Thank You!<br />
For More Details<br />
Visit us at<br />
https://www.alliedmarketresearch.com/natural-gas-liquids-market<br />
Follow Us On
Change language