Market Analysis and Insights: Global Natural Gas Liquids (NGLs) Market
Due to the pandemic of COVID-19, the global Natural Gas Liquids (NGLs) Market size is estimated to be worth US$ million in 2022 and is expected to reach the size of US$ million by 2028 growing at a CAGR of % during the forecast period. Fully considering the economic change by this health crisis, Propane accounted for % of the global Natural Gas Liquids (NGLs) Market in 2021 and is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Petrochemicals segment is altered to a % CAGR throughout this forecast period.
North America held a significant share of the global Natural Gas Liquids (NGLs) Market market in 2021 and was valued at US$ million in 2021. It is estimated to grow with a CAGR of % during the forecast period of 2022-2028 and is estimated to reach US$ million by 2028.
China Natural Gas Liquids (NGLs) Market size is valued at US$ million in 2021, while the US and Europe Natural Gas Liquids (NGLs) Market are US$ million and US$ million, respectively. The share of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China’s share will reach % in 2028, trailing a CAGR of % through the forecast period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Natural Gas Liquids (NGLs) Market landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Natural Gas Liquids (NGLs) Market include ExxonMobil Corp., Chesapeake Energy Corp., BP Plc, Range Resources Corp., Royal Dutch Shell Plc, SM Energy, ConocoPhillips Company, Swift Energy Company, Equinor, Linn Energy LLC, Chevron Corp., Canadian Natural Resources Limited, Anadarko Petroleum Corp., Alkcon Corp., , etc. In 2021, the global top five players have a share of approximately % in terms of revenue.
In terms of the production, this report researches the Natural Gas Liquids (NGLs) Market capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of the sales, this report focuses on the sales of Natural Gas Liquids (NGLs) Market by region (region level and country level), by company, by Type and by Application from 2017 to 2022 and forecast to 2028.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
COVID-19 Impact Analysis on Natural Gas Liquids (NGLs) Market Market
The report highlights the effects of the outbreak of COVID-19 on the development of the Natural Gas Liquids (NGLs) Market market across the globe. The authors studied the changes which affected the production/manufacturing, supply chain, consumption, and the demand/supply side. With the help of this report, the reader will get acquainted with the measures which helped the key industry players to get the Natural Gas Liquids (NGLs) Market market back to the pre-covid levels.
Global Natural Gas Liquids (NGLs) Market Market: Drivers and Restrains
The research report examines market trends, segments, applications, restraints and drivers which affect the global Natural Gas Liquids (NGLs) Market market. This report covers the global market for production volume, production by region, and pricing analysis for each type from 2018 to 2028. Factors influencing market development are important because they may be used to design diverse strategies for capturing the lucrative opportunities that exist in the continuously growing industry. In addition, market expert opinions have been incorporated for a better knowledge of the market.
Natural Gas Liquids (NGLs) market is segmented by Type and by
Application. Players, stakeholders, and other participants in the
global Natural Gas Liquids (NGLs) market will be able to gain the
upper hand as they use the report as a powerful resource. The
segmental analysis focuses on production capacity, revenue and
forecast by Type and by Application for the period 2017-2028.
Segment by Type
Propane
Ethane
Isobutene
Others
Segment by Application
Petrochemicals
Space Heating
Others
By Company
ExxonMobil Corp.
Chesapeake Energy Corp.
BP Plc
Range Resources Corp.
Royal Dutch Shell Plc
SM Energy
ConocoPhillips Company
Swift Energy Company
Equinor
Linn Energy LLC
Chevron Corp.
Canadian Natural Resources Limited
Anadarko Petroleum Corp.
Alkcon Corp.
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E