Natural Gas Liquids (NGLs) Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028

The Natural Gas Liquids (NGLs) Market size is expected to grow at an annual average of CAGR 4% during the forecast period (2022-2028). Natural gas liquid (NGL) is a component of natural gas separated from the gaseous state in liquid form. This separation occurs through absorption, condensation or other means in on-site facilities or gas processing plants. In addition, natural gas liquids are hydrocarbons, which are molecular families such as natural gas and crude oil, which consist only of carbon and hydrogen. In addition, NGL products have many types of natural gas liquids and various applications. The products of natural gas liquids are ethane, propane, butane, isobutane and pentane. NGLs are heavily used across almost every sector of the economy.

The following segmentation are covered in this report:

By Application

• Residential
• Commercial
• Industrial

By Product

• Ethane
• Propane
• Isobutene
• Natural Gasoline

Company Profile

• BP P.L.C
• Chevron Corporation
• ConocoPhillips Company
• Devon Energy Corporation
• Exxon Mobil Corporation
• Lukoil
• Occidental Petroleum Corporation
• Range Resources Corporation
• Saudi Arabian Oil Co.
• Shell Plc.

Scope of the report

The research study analyses the Natural Gas Liquids (NGLs) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Natural Gas Liquids (NGLs) Market Report

• What was the Natural Gas Liquids (NGLs) Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Natural Gas Liquids (NGLs) Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Natural Gas Liquids (NGLs) Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.