Product Code: 3270
Title:
Natural Gas Liquid Market Size By Product (Ethane, Propane, Butane, Pentane Plus), By Application (Petrochemical Feedstock, Space Heating, Blend stock) Industry Analysis Report, Regional Outlook (U.S., Canada, Norway, Russia, UK, France, Netherlands, China, Japan, Australia, South Korea, India, Indonesia, Thailand, Saudi Arabia, UAE, Qatar, Oman, Iran, Algeria, Tunisia, Mexico, Brazil, Argentina), Application Potential, Competitive Market Share & Forecast, 2019 - 2025.
Natural Gas Liquid Market share is set to surpass 14 mbl/day by 2025. Prevailing expansion of space heating systems predominantly across Tier III & II cities coupled with increasing capital expenditure toward petrochemical industry will foster the natural gas liquid market. Furthermore, the burgeoning demand for gasoline as a driving fuel for automobiles will positively impact the industry dynamics. In addition, the growing use of polyethylene, synthetic rubber and polypropylene for manufacturing tires, plastics and various other products will stimulate the industry growth.
Japan NGL market is set to exceed the consumption of 0.2 mbl/day by 2025. Growing demand for high value-added manufactured petrochemicals coupled with accelerating investments toward chemical industry will propel the industry growth. Furthermore, rapidly expanding various industrial bases including refineries, chemicals and manufacturing industries along with ongoing funding toward automotive sector will encourage the product penetration.
Reduced emissions from industries, lower electricity costs, decreasing dependence on foreign countries pertaining to energy imports, and reduced space heating expenses are amongst the most influential factors that will fuel the natural gas liquid market growth. Furthermore, increasing demand for propane particularly across the emerging nations as a domestic fuel coupled with expanding population and rise in disposable income will positively impact the industry landscape.
Blendstock segment will witness growth owing to its rising use across petrochemical refineries and as a blending agent with various other hydrocarbon end-products. Furthermore, growing need for high-octane gasoline owing to its low aromatic content and desirable fuel properties will thrust the natural gas liquid market growth.
The propane NGL market is anticipated to grow over 7% by 2025. Increasing use of product across space heating and transportation sectors along with its rising demand as a feedstock for chemical industries will augment the industry growth. Introduction of stringent emission norms coupled with intensifying need for efficient and clean fuel will boost the natural gas liquid market.
Europe natural gas liquid market will witness growth on account of increasing concerns toward carbon reduction along with favorable government policies. Furthermore, structural shifts in the economy, considerable improvements in energy efficiency and the fluctuating consumption patterns will fuel the industry growth. In addition, increasing investments toward expansion of service sector coupled with the rising need for space heating will drive the business outlook.
High replacement potential, extensive applications across numerous sectors and reduced carbon footprint are the underline parameters that will propel the natural gas liquid market growth. Furthermore, the increasing demand for energy efficient and effective systems coupled with expansion of industrial and commercial sectors will positively impact the industry growth.
Eminent industry players operating across the natural gas liquid market comprises of BP, Petrobras, Royal Dutch Shell, Exxon, Qatar Petroleum, Canadian Natural Resources, Range Resources, Rosneft, Riveria, Eni, ConocoPhilips, Equinor, Total, Gazprom, Lukoil, Devon, and Chevron.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimates and forecast parameters
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Natural gas liquid 360 degree synopsis, 2014 - 2025
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.4 Application trends
- 2.1.5 Regional trends
Chapter 3 Natural Gas Liquid Market Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2014 - 2025
- 3.3 Industry ecosystem analysis
- 3.4 Technology landscape
- 3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.1.1 U.S. Department of Energy
- 3.5.1.2 Energy Policy Act
- 3.5.1.3 Propane Law and Incentives in Federal
- 3.5.1.3.1 Aftermarket Alternative Fuel Vehicle (AFV) Conversions
- 3.5.1.3.1.1 Alternative fuel
- 3.5.1.3.1.2 Alternative Fuel Excise Tax
- 3.5.1.4 U.S. Department of Transportation
- 3.5.1.4.1 Natural Gas Liquid (NGL) Pipelines
- 3.5.1.4.2 Role of State Pipeline Regulators
- 3.5.1.4.3 Natural Gas Liquid (NGL) Pipelines
- 3.5.2 Europe
- 3.5.2.1 Ban on Diesel and Petrol Vehicles
- 3.5.3 Saudi Arabia
- 3.5.3.1 Tax Law
- 3.5.3.2 Saudi Vision 2030
- 3.5.4 UAE
- 3.5.5 Bahrain
- 3.5.6 Kuwait
- 3.5.7 Oman
- 3.5.8 Qatar
- 3.6 Customer requirement
- 3.7 Customer group requirements
- 3.8 Entry barrier
- 3.9 Natural gas reserves
- 3.10 Primary energy consumption trends, 2014 - 2017
- 3.11 Oil & gas investment trends and outlook, 2017
- 3.11.1 Investments in conventional oil & gas is shifting toward brownfield projects
- 3.11.2 Future outlook of the upstream sector
- 3.12 Global exploration & production trend, by region
- 3.12.1 North America
- 3.12.2 Europe
- 3.12.3 CIS
- 3.12.4 South & Central America
- 3.12.5 Middle East
- 3.12.6 Africa
- 3.13 Global hydrocarbon consumption trend, by region
- 3.14 Global natural gas consumption trend
- 3.14.1 North America
- 3.14.2 Europe
- 3.14.3 CIS
- 3.14.4 South & Central America
- 3.14.5 Middle East
- 3.14.6 Africa
- 3.15 NGL production outlook
- 3.16 Industry impact forces
- 3.16.1 Growth drivers
- 3.16.1.1 Positive outlook towards petrochemical industry
- 3.16.1.2 Increasing demand for space heating
- 3.16.1.3 Rapid urbanization and industrialization
- 3.16.2 Industry pitfalls & challenges
- 3.16.2.1 Lack of infrastructure and geopolitical uncertainty
- 3.17 Growth potential analysis
- 3.18 Porter's analysis
- 3.19 Competitive landscape, 2018
- 3.19.1 Strategy dashboard
- 3.19.1.1 Exxon Mobil
- 3.19.1.2 Eni
- 3.19.1.3 Roseneft
- 3.20 PESTEL analysis
Chapter 4 Natural Gas Liquid Market, By Product
- 4.1 Natural gas liquid market share by product, 2018 & 2025
- 4.2 Ethane
- 4.2.1 Global market from ethane, 2014 - 2025
- 4.2.2 Global market from ethane, by region, 2014 - 2025
- 4.3 Propane
- 4.3.1 Global market from propane, 2014 - 2025
- 4.3.2 Global market from propane, by region, 2014 - 2025
- 4.4 Butane
- 4.4.1 Global market from butane, 2014 - 2025
- 4.4.2 Global market from butane, by region, 2014 - 2025
- 4.5 Pentane plus
- 4.5.1 Global market from pentane plus, 2014 - 2025
- 4.5.2 Global market from pentane plus, by region, 2014 - 2025
Chapter 5 Natural Gas Liquid Market, By Application
- 5.1 Natural gas liquid market share by application, 2018 & 2025
- 5.2 Petrochemical feedstock
- 5.2.1 Global market from petrochemical feedstock, 2014 - 2025
- 5.2.2 Global market from petrochemical feedstock, by region, 2014 - 2025
- 5.3 Space heating
- 5.3.1 Global market from space heating, 2014 - 2025
- 5.3.2 Global market from space heating, by region, 2014 - 2025
- 5.4 Blendstock
- 5.4.1 Global market from blendstock, 2014 - 2025
- 5.4.2 Global market from blendstock, by region, 2014 - 2025
- 5.5 Others
- 5.5.1 Global market from others, 2014 - 2025
- 5.5.2 Global market from others, by region, 2014 - 2025
Chapter 6 Natural Gas Liquid Market, By Region
- 6.1 Natural gas liquid market share by region, 2018 & 2025
- 6.2 North America
- 6.2.1 North America market, 2014 - 2025
- 6.2.2 North America market by product, 2014 - 2025
- 6.2.3 North America market by application, 2014 - 2025
- 6.2.4 U.S.
- 6.2.4.1 U.S. market, 2014 - 2025
- 6.2.4.2 U.S. market by product, 2014 - 2025
- 6.2.4.3 U.S. market by application, 2014 - 2025
- 6.2.5 Canada
- 6.2.5.1 Canada market, 2014 - 2025
- 6.2.5.2 Canada market by product, 2014 - 2025
- 6.2.5.3 Canada market by application, 2014 - 2025
- 6.3 Europe
- 6.3.1 Europe market, 2014 - 2025
- 6.3.2 Europe market by product, 2014 - 2025
- 6.3.3 Europe market by application, 2014 - 2025
- 6.3.4 Norway
- 6.3.4.1 Norway market, 2014 - 2025
- 6.3.4.2 Norway market by product, 2014 - 2025
- 6.3.4.3 Norway market by application, 2014 - 2025
- 6.3.5 Russia
- 6.3.5.1 Russia market, 2014 - 2025
- 6.3.5.2 Russia market by product, 2014 - 2025
- 6.3.5.3 Russia market by application, 2014 - 2025
- 6.3.6 UK
- 6.3.6.1 UK market, 2014 - 2025
- 6.3.6.2 UK market by product, 2014 - 2025
- 6.3.6.3 UK market by application, 2014 - 2025
- 6.3.7 France
- 6.3.7.1 France market, 2014 - 2025
- 6.3.7.2 France market by product, 2014 - 2025
- 6.3.7.3 France market by application, 2014 - 2025
- 6.3.8 Netherlands
- 6.3.8.1 Netherlands market, 2014 - 2025
- 6.3.8.2 Netherlands market by product, 2014 - 2025
- 6.3.8.3 Netherlands market by application, 2014 - 2025
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific market, 2014 - 2025
- 6.4.2 Asia Pacific market by product, 2014 - 2025
- 6.4.3 Asia Pacific market by application, 2014 - 2025
- 6.4.4 China
- 6.4.4.1 China market, 2014 - 2025
- 6.4.4.2 China market by product, 2014 - 2025
- 6.4.4.3 China market by application, 2014 - 2025
- 6.4.5 Japan
- 6.4.5.1 Japan market, 2014 - 2025
- 6.4.5.2 Japan market by product, 2014 - 2025
- 6.4.5.3 Japan market by application, 2014 - 2025
- 6.4.6 Australia
- 6.4.6.1 Australia market, 2014 - 2025
- 6.4.6.2 Australia market by product, 2014 - 2025
- 6.4.6.3 Australia market by application, 2014 - 2025
- 6.4.7 South Korea
- 6.4.7.1 South Korea market, 2014 - 2025
- 6.4.7.2 South Korea market by product, 2014 - 2025
- 6.4.7.3 South Korea market by application, 2014 - 2025
- 6.4.8 India
- 6.4.8.1 India market, 2014 - 2025
- 6.4.8.2 India market by product, 2014 - 2025
- 6.4.8.3 India market by application, 2014 - 2025
- 6.4.9 Indonesia
- 6.4.9.1 Indonesia market, 2014 - 2025
- 6.4.9.2 Indonesia market by product, 2014 - 2025
- 6.4.9.3 Indonesia market by application, 2014 - 2025
- 6.4.10 Thailand
- 6.4.10.1 Thailand market, 2014 - 2025
- 6.4.10.2 Thailand market by product, 2014 - 2025
- 6.4.10.3 Thailand market by application, 2014 - 2025
- 6.5 Middle East & Africa
- 6.5.1 Middle East & Africa market, 2014 - 2025
- 6.5.2 Middle East & Africa market by product, 2014 - 2025
- 6.5.3 Middle East & Africa market by application, 2014 - 2025
- 6.5.4 Saudi Arabia
- 6.5.4.1 Saudi Arabia market, 2014 - 2025
- 6.5.4.2 Saudi Arabia market by product, 2014 - 2025
- 6.5.4.3 Saudi Arabia market by application, 2014 - 2025
- 6.5.5 UAE
- 6.5.5.1 UAE market, 2014 - 2025
- 6.5.5.2 UAE market by product, 2014 - 2025
- 6.5.5.3 UAE market by application, 2014 - 2025
- 6.5.6 Qatar
- 6.5.6.1 Qatar market, 2014 - 2025
- 6.5.6.2 Qatar market by product, 2014 - 2025
- 6.5.6.3 Qatar market by application, 2014 - 2025
- 6.5.7 Oman
- 6.5.7.1 Oman market, 2014 - 2025
- 6.5.7.2 Oman market by product, 2014 - 2025
- 6.5.7.3 Oman market by application, 2014 - 2025
- 6.5.8 Iran
- 6.5.8.1 Iran market, 2014 - 2025
- 6.5.8.2 Iran market by product, 2014 - 2025
- 6.5.8.3 Iran market by application, 2014 - 2025
- 6.5.9 Algeria
- 6.5.9.1 Algeria market, 2014 - 2025
- 6.5.9.2 Algeria market by product, 2014 - 2025
- 6.5.9.3 Algeria market by application, 2014 - 2025
- 6.5.10 Tunisia
- 6.5.10.1 Tunisia market, 2014 - 2025
- 6.5.10.2 Tunisia market by product, 2014 - 2025
- 6.5.10.3 Tunisia market by application, 2014 - 2025
- 6.6 Latin America
- 6.6.1 Latin America market, 2014 - 2025
- 6.6.2 Latin America market by product, 2014 - 2025
- 6.6.3 Latin America market by application, 2014 - 2025
- 6.6.4 Mexico
- 6.6.4.1 Mexico market, 2014 - 2025
- 6.6.4.2 Mexico market by product, 2014 - 2025
- 6.6.4.3 Mexico market by application, 2014 - 2025
- 6.6.5 Brazil
- 6.6.5.1 Brazil market, 2014 - 2025
- 6.6.5.2 Brazil market by product, 2014 - 2025
- 6.6.5.3 Brazil market by application, 2014 - 2025
- 6.6.6 Argentina
- 6.6.6.1 Argentina market, 2014 - 2025
- 6.6.6.2 Argentina market by product, 2014 - 2025
- 6.6.6.3 Argentina market by application, 2014 - 2025
Chapter 7 Company Profiles
- 7.1 Exxon Mobil
- 7.1.1 Business Overview
- 7.1.2 Financial Data
- 7.1.3 Product Landscape
- 7.1.4 Strategic Outlook
- 7.1.5 SWOT Analysis
- 7.2 Eni
- 7.2.1 Business Overview
- 7.2.2 Financial Data
- 7.2.3 Product Landscape
- 7.2.4 Strategic Outlook
- 7.2.5 SWOT Analysis
- 7.3 Rosneft
- 7.3.1 Business Overview
- 7.3.2 Financial Data
- 7.3.3 Product Landscape
- 7.3.4 Strategic Outlook
- 7.3.5 SWOT Analysis
- 7.4 Petrobras
- 7.4.1 Business Overview
- 7.4.2 Financial Data
- 7.4.3 Product Landscape
- 7.4.4 Strategic Outlook
- 7.4.5 SWOT Analysis
- 7.5 Canadian Natural Resources
- 7.5.1 Business Overview
- 7.5.2 Financial Data
- 7.5.3 Product Landscape
- 7.5.4 SWOT Analysis
- 7.6 Range Resources Corporation
- 7.6.1 Business Overview
- 7.6.2 Financial Data
- 7.6.3 Product Landscape
- 7.6.4 SWOT Analysis
- 7.7 Gazprom
- 7.7.1 Business Overview
- 7.7.2 Financial Data
- 7.7.3 Product Landscape
- 7.7.4 Strategic Outlook
- 7.7.5 SWOT Analysis
- 7.8 Riveria Resources, Inc.
- 7.8.1 Business Overview
- 7.8.2 Financial Data
- 7.8.3 Product Landscape
- 7.8.4 SWOT Analysis
- 7.9 Royal Dutch Shell PLC
- 7.9.1 Business Overview
- 7.9.2 Financial Data
- 7.9.3 Product Landscape
- 7.9.4 SWOT Analysis
- 7.10 Chevron Corporation
- 7.10.1 Business Overview
- 7.10.2 Financial Data
- 7.10.3 Product Landscape
- 7.10.4 SWOT Analysis
- 7.11 ConocoPhillips
- 7.11.1 Business Overview
- 7.11.2 Financial Data
- 7.11.3 Product Landscape
- 7.11.4 SWOT Analysis
- 7.12 Equinor ASA
- 7.12.1 Business Overview
- 7.12.2 Financial Data
- 7.12.3 Product Landscape
- 7.12.4 SWOT Analysis
- 7.13 Lukoil
- 7.13.1 Business Overview
- 7.13.2 Financial Data
- 7.13.3 Product Landscape
- 7.13.4 SWOT Analysis
- 7.14 British Petroleum
- 7.14.1 Business Overview
- 7.14.2 Financial Data
- 7.14.3 Product Landscape
- 7.14.4 SWOT Analysis
- 7.15 Qatar Petroleum
- 7.15.1 Business Overview
- 7.15.2 Financial Data
- 7.15.3 Product Landscape
- 7.15.4 Strategic Outlook
- 7.15.5 SWOT Analysis
- 7.16 Total
- 7.16.1 Business Overview
- 7.16.2 Financial Data
- 7.16.3 Product Landscape
- 7.16.4 SWOT Analysis
- 7.17 Devon Energy
- 7.17.1 Business Overview
- 7.17.2 Financial Data
- 7.17.3 Product Landscape
- 7.17.4 SWOT Analysis
