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The natural gas liquids (NGLs) market is forecasted to grow by USD 21.50 billion during 2024-2029, accelerating at a CAGR of 6.7% during the forecast period. The report on the natural gas liquids (NGLs) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing renewable energy demand, increasing demand for petrochemical feedstock, and rising transition to clean energy.
The natural gas liquids (NGLs) market is segmented as below:
By Application
- Industrial
- Residential
- Commercial
By Product
- Propane
- Butane
- Pentane
- Ethane
By Geographical Landscape
- North America
- Middle East and Africa
- Europe
- APAC
- South America
The report on the natural gas liquids (NGLs) market covers the following areas:
- Natural Gas Liquids (NGLs) Market sizing
- Natural Gas Liquids (NGLs) Market forecast
- Natural Gas Liquids (NGLs) Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Product
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global natural gas liquids (NGLs) market: BP Plc, Canadian Natural Resources Ltd., Chevron Corp., Citizen Energy, ConocoPhillips Co., Equinor ASA, Expand Energy Corp., Exxon Mobil Corp., Nigeria LNG Ltd., Ovintiv Inc., Petroleos de Venezuela SA, PJSC LUKOIL, PT Pertamina Persero, Repsol S.A., Saudi Arabian Oil Co., Shell plc, SilverBow Resources Inc., SM ENERGY CO., TotalEnergies SE, and Valero Energy Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth in petrochemical industry."
According to the report, one of the major drivers for this market is the increasing renewable energy demand.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BP Plc
- Canadian Natural Resources Ltd.
- Chevron Corp.
- Citizen Energy
- ConocoPhillips Co.
- Equinor ASA
- Expand Energy Corp.
- Exxon Mobil Corp.
- Nigeria LNG Ltd.
- Ovintiv Inc.
- Petroleos de Venezuela SA
- PJSC LUKOIL
- PT Pertamina Persero
- Repsol S.A.
- Saudi Arabian Oil Co.
- Shell plc
- SilverBow Resources Inc.
- SM ENERGY CO.
- TotalEnergies SE
- Valero Energy Corp.
