Natural Gas Liquids (NGLs) Market
Natural Gas Liquids (NGLs) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Natural Gas Liquids (NGLs) Market Size and Growth
The Natural Gas Liquids (NGLs) market is experiencing growth driven by rising demand in petrochemical and energy sectors. As of 2023, the market size is estimated to reach approximately $50 billion, influenced by fluctuating prices and supply dynamics. Continued investments in infrastructure will shape future developments and opportunities within the sector.
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Companies Covered
(Covid 19 Impact Covered)
◍ ExxonMobil Corp.
◍ Chesapeake Energy Corp.
◍ BP Plc
◍ Range Resources Corp.
◍ Royal Dutch Shell Plc
◍ SM Energy
◍ ConocoPhillips Company
◍ Swift Energy Company
◍ Equinor
◍ Linn Energy LLC
◍ Chevron Corp.
◍ Canadian Natural Resources Limited
◍ Anadarko Petroleum Corp.
◍ Alkcon Corp.
The Natural Gas Liquids (NGLs) market features major players like ExxonMobil, BP, and Chevron. These companies utilize NGLs for petrochemical production and energy generation, enhancing market growth through innovations and strategic partnerships. For 2022, revenue highlights include:
- ExxonMobil: $413.68 billion
- BP: $241 billion
- Chevron: $246 billion Request Sample Report
Market Segmentation
By Application
Petrochemicals
Space Heating
Others
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By Product
Market Growth
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$ X Billion USD
