Sep 26, 2017   SOURCE: BusinessWire

Natural Gas Liquid Market Report: Global Industry Analysis, Trends, Market Size & Forecasts 2017-2023 - Research and Markets

The "Natural Gas Liquid Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023" report has been added to Research and Markets' offering.

The report predicts the global Natural Gas Liquid market to grow with a CAGR between 6.5% and 7.0% from 2017 to 2023

The study on Natural Gas Liquid market covers the analysis of regions such as North America, Europe, Asia Pacific, Latin America and Rest of the World. Among the geographies Middle East from RoW region dominated the world market while North America region is anticipated to grow at the highest CAGR over the forecast period.

The report on global Natural Gas Liquid market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global Natural Gas Liquid market. Moreover, the report is collective presentation of primary and secondary research findings.

Report Findings

1. Drivers

  • Increasing demand for ethane, butane and propane
  • Rising demand for natural gas liquid products in refineries
  • Increasing population with changing lifestyle coupled with high residential use of NGL products

2. Restraints

  • Decline in crude oil prices
  • Stiff competition from other energy substitute such as bio gas and methane gas

3. Opportunities

  • Development in the infrastructure for natural gas liquid
  • Recent discoveries and innovations in natural gas liquid extraction

Segments Covered

1. Global Natural Gas Liquid market by Product type

a. Ethane

b. Propane

c. Butane

d. Iso-butane

e. Pentane

f. Pentane Plus

Companies Profiled:

  • 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.
  • Alkcon Corp.

For more information about this report visit https://www.researchandmarkets.com/research/bvql3v/natural_gas