NATURAL GAS LIQUIDS MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023

NATURAL GAS LIQUIDS MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023

Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Š Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Introduction Report Description The Global Natural Gas Liquids Market was sized near USD xx.x billion in 2016. The global Natural Gas Liquids Market is projected to grow with a CAGR of 6.7% during 2017-2023.

Natural gas is a fossil fuel that forms when animal or plant remains are exposed for thousands of years to extremely high pressure and heat. Natural gas liquids are hydrocarbons that have condensed from the natural gas gaseous state into a liquid state. Natural gas liquids include ethane, propane, butane, ISO-butane and pentane. Furthermore, natural gas liquids (NGL’S) are used for a wide range of commercial and industrial purposes such as petrochemical feedstock, heating, cooking and vehicle fuel. NGL’S can also be produced in oil refineries alongside diesel and other fuels.

This report estimates the market size of natural gas liquids market in terms of value (USD million) and volume (000’barrels) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period.

Moreover, the market sizes for natural gas liquids market by product type is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global Natural Gas Liquids Market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of Natural Gas Liquids Market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW).

The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region.

Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of natural gas liquids market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also © Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

have highlighted future trends in the global natural gas liquids market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

SEGMENTATION AND RESEARCH SCOPE NATURAL GAS LIQUIDS MARKET SEGMENTATION

NATURAL GAS LIQUIDS MARKET

Product Type      

Ethane Propane Butane Iso-Butane Pentane Pentane Plus

Region    

North America Europe Asia Pacific RoW

The report segments the natural gas liquids market by product type and by region. Market segmentation based on product type includes ethane, propane, butane, ISO-butane, pentane and pentane plus. Moreover, ethane is accounted as the largest product segment in the natural gas liquid market due to its rising applications in several end use industries globally.

Furthermore, propane is the second largest product segment © Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Research Methodology Methodology

Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the Natural Gas Liquids Market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days.

Research Methodology: An Outline

Primary source of the information and data include  Industry Experts/consultants  Top level executives in the key market players  Subject matter experts  Academicians and research scholars

PRIMARY RESEARCH

Secondary sources of the information and data include  Company annual reports  Government/institutional publications  Trade and associations journals  Databases  Websites and publications by research agencies  Others

SECONDARY RESEARCH

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH



Arriving at Global Market Size



Market Share of Key Players

Key Market Players

Arriving at Regional/Country Market Size

Accumulation of the country level market size (value, volume) Regional market size of natural gas liquids and its product type

 

Segment revenue of the key players Country level market size by product type (value, volume)



Identifying key players in the natural gas liquids market



Accumulation of the regional/country market size (value, volume) Global market size of product type



RESEARCH APPROACHES- TOP-DOWN Global Market

Market Segments

Determine the Regional Market Size

 

Global market size of natural gas liquids market Value & volume for 2015 to 2023

 

% breakdown by market segments by product type Value & volume for 2015 and 2023



Regional market size of the natural gas liquids market (value, volume) Regional market size of product type





Country Level Market Sizing



Country level market size of the natural gas liquids market in every region (value, volume) Country level market size of product type in every region

TOP-DOWN APPROACH

The study on global Natural Gas Liquids Market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers © Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

the analysis of the various segments in the global Natural Gas Liquids Market. The estimates in the global Natural Gas Liquids Market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of Natural Gas Liquids Market.

In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the product type.

IGR- RESEARCH METHOD AND DATA TRIANGULATION

SECONDARY SOURCES

Infinium's Data Bank/ Know How  Top executives of end-use industries  Intermediaries

 C-level executives in the leading manufacturing products of natural gas liquids.  Product managers  Sales managers  Industry consultants  Distributors/Suppliers

Industry Publications Goverment Agencies' Publications Industry news Data sources Others

      

Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases

Secondary Research

DATA TRIANGULATION & INFORMATION SOURCES

Company Publication

Supply Side

Primary Research

    

General Publications

Demand Side

PRIMARY SOURCES

The market size of natural gas liquids is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the natural gas liquids. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary © Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

interviews not only help identify the market size of the natural gas liquids but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the natural gas liquids. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of natural gas liquids. With the help of primary interviews and secondary research the market size of natural gas liquids is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of natural gas liquids in the world market.

Executive Summary Global Natural Gas Liquids Market Highlights, (USD Million) The global Natural Gas Liquids Market is expected to grow at a CAGR of 6.7 % between 2017 and 2023 in terms of value. Increasing demand for ethane, butane and propane with their application in petrochemical industry is the key factor driving the growth of global natural gas liquid market. Furthermore, rising demand for natural gas liquid products in refineries such as to convert ethane into ethylene by steam cracking, propane used for cracking petroleum into gasoline and ISO-butane to increase the octane number of motor gasoline to improve its quality will drive this market globally. Moreover, increasing population with changing lifestyle and high residential usage of propane and butane products for burning, heating and cooking which in turn will drive the global natural gas liquid market over the forecast period. However, decline in crude oil prices and tough competition from other energy by products such as bio gas and methane gas are the key restraining factors for the growth of this market over the forecast period. Hence, development in the infrastructure for natural gas liquid and recent discoveries as well as innovations will bring more opportunities to the global natural gas liquid market for the next six years.

The leading players in the global Natural Gas Liquids Market include ExxonMobil Corp., Chesapeake Energy Corp., BP PLC, Range Resources Corp., Royal Dutch Shell Plc, SM Energy, Š Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

ConocoPhillips Company, SWIFT ENERGY COMPANY, STATOIL ASA, and Linn Energy LLC, Chevron Corp., Canadian Natural Resources Limited, and Anadarko Petroleum Corp., and Alkcon Corp.

Global Natural Gas Liquids Market Projection GLOBAL NATURAL GAS LIQUIDS MARKET, 2015 – 2023 (USD MILLION)

2015

2016

2017

2018

2019

2020

2021

2022

2023

Value

Natural Gas Liquids Market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to rising demand for natural gas liquid products in refineries such as to convert ethane into ethylene by steam cracking, propane used for cracking petroleum into gasoline and ISO-butane to increase the octane number of motor gasoline to improve its quality will drive this market globally. The global market size of natural gas liquids market in terms of value was USD xxx.x million in 2015.

Get 15% discount for early purchase of Global Natural Gas LiquidsMarket report by clicking the following link, Use code IGRD15 to request the discount in the given form @ https://www.infiniumglobalresearch.com/reports/request-discount/760

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL NATURAL GAS LIQUIDS MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)

xxx.x xxx.x

2017

2023

xxx.x

xxx.x xxx.x

xxx.x

2017

2023

2017

2023

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023.

From row region, Middle East has the largest production of natural gas liquid and holds the largest share due to presence of huge oil refineries as well as increasing industrialization in countries such as Saudi Arabia, Iran, UAE and Qatar. Furthermore, North America region is the second largest producer of natural gas liquid market due to rapid growth in shale gas and increasing investment by the U.S government for installation of new oil refineries. The North America natural gas liquid market is anticipated to grow at a highest CAGR rate over the forecast period due rapid boom in shale gas and increasing residential usage as well as growing petrochemical industries across U.S And Canada. Moreover, Asia Pacific is also expected to witness a significant growth over the forecast period due to growth in automotive sector which has led to increase in demand for natural gas liquids primarily in developing economies such as China, India, Japan and South Korea. In addition, growth in © Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

various industrial sectors such as food, manufacturing and refineries as well as development in infrastructure will also increase the demand for NGL product in the Asia Pacific region.

Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Natural Gas Liquids Market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Natural Gas Liquids Market.

Drivers refer to the factors that are expected to drive or boost the market size or demand for Shoe Polish. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of Natural Gas Liquids Market both in short run and long run.

DRIVERS OF NATURAL GAS LIQUIDS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

DRIVERS

MID TERM IMPACT

LONG TERM IMPACT

Driver 1 Driver 2 Driver 3

HIGH

MEDIUM

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LOW

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

RESTRAINTS OF NATURAL GAS LIQUIDS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

RESTRAINTS

MID TERM IMPACT

LONG TERM IMPACT

Restraint 1

Restraint 2

HIGH

MEDIUM

LOW

IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers  Risky Zone: Low market size and low growth rate. Investment in this segment is risky  Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements  Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size  Safe Zone: Moderate growth and moderate market size. © Infinium Global Research

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

IGR- GROWTH MATRIX ANALYSIS Growth Rate

Opportunity Zone

Consolidation Zone

High

Low

Risky Zone

Retention Zone Market Size Low

High North America

Europe

Asia-Pacific

RoW

GLOBAL NATURAL GAS LIQUIDS MARKET BY PRODUCT TYPE, 2016 - 2023 (REVENUE % SHARE) 2016

2023

Ethane

Propane

Butane

Iso-butane

Pentane

Pentane Plus

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL NATURAL GAS LIQUIDS MARKET BY PRODUCT TYPE, 2015 - 2023 (000’ BARRELS)

2015

2016 Ethane

Propane

2017 Butane

Iso-butane

Pentane

2023

Pentane Plus

GLOBAL ETHANE BY REGIONS, 2015 - 2023 (USD MILLION)

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL ISO-BUTANE BY REGIONS, 2015 - 2023 (USD MILLION)

GLOBAL PENTANE BY REGIONS, 2015 - 2023 (USD MILLION)

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Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Company Snapshot

Exxonmobil Corp.

CONTACT DETAILS: Address: 5959 Las Colinas Boulevard Irving, Texas

KEY FEATURES: No. of Employees: more than xxx No. of countries of operation: xx

Tele: (972) 940-6000 Website: http://corporate.exxonmobil.com SWOT ANALYSIS: STRENGHTS  Sample text  Sample text

OPPORTUNITIES  Sample text  Sample text

WEAKNESS  Sample text  Sample text

THREATS  Sample text  Sample text

PRODUCT PORTFOLIO:  Product 1  Product 2  Product 3

Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/energy-mining-infra/global-natural-gasliquids-market

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