Natural Gas Liquids Market
Natural Gas Liquids Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Natural Gas Liquids Market Size and Growth
The Natural Gas Liquids (NGL) market is experiencing robust growth due to rising demand in petrochemical production and energy sectors. The market size is projected to reach approximately $300 billion by 2026, driven by increased shale gas extraction and expanding infrastructure, enhancing supply chain dynamics and regional consumption patterns globally.
Companies Covered
(Covid 19 Impact Covered)
◍ Royal Dutch Shell
◍ Chesapeake Energy
◍ ConocoPhillips
◍ SM Energy
◍ Exxon Mobil
◍ BP Plc
◍ Range Resources
◍ Equinor
◍ Swift Energy
◍ Linn Energy
◍ ESAI Energy
◍ RBN Energy
◍ Eni SpA
◍ Anadarko Petroleum
◍ Canadian Natural Resources
◍ Devon Energy
◍ Encana
◍ Chevron
The Natural Gas Liquids (NGL) market features key players like Royal Dutch Shell, ConocoPhillips, and Exxon Mobil, leveraging NGLs for energy production and petrochemical feedstock. Companies enhance market growth through technological advancements and strategic partnerships. Sales revenues for select firms include:
- Royal Dutch Shell: $384 billion
- Exxon Mobil: $413 billion
- Chevron: $246 billion
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Market Segmentation
By Application
◍ Residential sector ◍ Petrochemical plants refineries ◍ Industries
By Product
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Market Growth
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$ X Billion USD
