Natural Gas Liquid Market: Updated Study Offering Insights & Analysis up to 2027
Stratview Research delivers key insights on the Natural Gas Liquid Market. According to Stratview Research, the market is segmented by Product Type (Ethane, Propane, Butane, and Pentane Plus), Application Type (Petrochemical Feedstock, Space Heating, Blendstock, and Others), and Region.
Market Insights
The report suggests that the overall natural gas liquid market is estimated to grow at a healthy CAGR of 7.5% during the forecast period.
Market Segments' Analysis
Product Trends
The market is segmented as ethane, propane, butane, and pentane plus. Ethane is estimated to account for the lion’s share of the market during the forecast period.
Application Trends
The market is bifurcated into petrochemical feedstock, space heating, blendstock, and others. Petrochemical feedstock is estimated to hold the largest share of the market during the forecast period.
Regional Analysis
North America is estimated to be the leading region in the market during the forecast period with the U.S. being the growth engine of the region.
Key Players
The following are some of the key players in the natural gas liquid market:
Eni S.p.A.
Exxon Mobil Corporation
Gazprom
Petrobras
Range Resources Corporation
Riveria Resources, Inc.
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for natural gas liquid market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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