Natural Gas Liquid Market by Product Types - Global Industry Analysis and Forecast to 2023

Published On : November 2017 Pages : 100 Category: Conventional Energy Report Code : CM11367

Industry Outlook and Trend Analysis

The Natural Gas Liquids Market was worth 6555.93 kilo barrels/day in the year 2014 and is expected to reach approximately 12516.52 kilo barrels/day by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.45% during the forecast period. The natural gas liquids market holds a considerable degree for development. Its contribution to the worldwide market is anticipated to increase fundamentally finished the traverse of the following years. Recent revelations and developments have made huge open doors for various players to enter the petroleum gas fluids market. The major factors in charge of driving the natural gas liquids market are expanding requirement from petrochemical plants; expanding request from refineries, and demand from residential and industrial customers. A portion of alternate factors in charge of driving this market are advancement in the natural gas business and the expanding usage of related gas. Restraining elements to this market are absence of infrastructure to deal with NGLs and extreme rivalry from other energy creating products, for example, biogas, methane gas, and some more.

Natural Gas Liquids Market

Product Outlook and Trend Analysis

On the basis of product the market is segmented into Isobutane, Ethane and Propane. Of these, ethane held the biggest share of 45 percent in the market in 2014. The shale revolution observed in the United States has activated change in perspective in the worldwide natural gas liquids market. This built up the United States as a main exporter of ethane in the worldwide market.

Regional Outlook and Trend Analysis

Geographically, Middle East and North America rose as the most alluring markets for natural gas liquid in 2015. While the Middle East held the biggest share in the general market in 2015, North America is ready to surge at the speediest CAGR amid the figure period. In North America, the United States furthermore, Canada developed as the biggest makers of gaseous petrol fluids in 2014. The United States is currently witnessing shale gas boom because of which the generation of natural gas has essentially expanded in the nation.  Residential heating and petrochemical enterprises have risen as the major application fragments of natural gas liquid in the United States In Canada, production and sale of natural gas liquids are supported by the existence of built up infrastructure. Asia Pacific is constantly expanding in its creation and preparing capacity of natural gas. A portion of the main markets for natural gas liquids in Asia Pacific incorporate China, India, Indonesia, and Australia.

Competitive Insights

The leading players in the market are ExxonMobil, Royal Dutch Shell, SM Energy, Statoil, Range Resources, Chesapeake Energy and ConocoPhillips. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Natural Gas Liquids Market is segmented as follows-

By Product:

  • Isobutane
  • Ethane
  • Propane
  • Other Product Types

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

 

Market Classification

  • Natural Gas Liquids Market, By Product Type, Estimates and Forecast, 2014-2023($Million)
  • Ethane
  • Propane
  • Isobutane
  • Other Product Types
  • Natural Gas Liquids Market, By Region, Estimates and Forecast, 2014-2023($Million)
    • North America
  • North America Natural Gas Liquids Market, By Country
  • North America Natural Gas Liquids Market, By Product Type
    • U.S. Natural Gas Liquids Market, By Product Type
    • Canada Natural Gas Liquids Market, By Product Type
    • Mexico Natural Gas Liquids Market, By Product Type
    • Europe
  • Europe Natural Gas Liquids Market, By Country
  • Europe Natural Gas Liquids Market, By Product Type
    • Germany Natural Gas Liquids Market, By Product Type
    • France Natural Gas Liquids Market, By Product Type
    • UK Natural Gas Liquids Market, By Product Type
    • Italy Natural Gas Liquids Market, By Product Type
    • Spain Natural Gas Liquids Market, By Product Type
    • Rest of Europe Natural Gas Liquids Market, By Product Type
    • Asia-Pacific
      • Asia-Pacific Natural Gas Liquids Market, By Country
      • Asia-Pacific Natural Gas Liquids Market, By Product Type
        • Japan Natural Gas Liquids Market, By Product Type
        • Australia Natural Gas Liquids Market, By Product Type
        • India Natural Gas Liquids Market, By Product Type
        • South Korea Natural Gas Liquids Market, By Product Type
        • Rest of Asia-Pacific Natural Gas Liquids Market, By Product Type
    • Rest of the World
      • Rest of the World Natural Gas Liquids Market, By Country
      • Rest of the World Natural Gas Liquids Market, By Product Type
        • Brazil Natural Gas Liquids Market, By Product Type
        • South Africa Natural Gas Liquids Market, By Product Type
        • Saudi Arabia Natural Gas Liquids Market, By Product Type
        • Turkey Natural Gas Liquids Market, By Product Type
        • United Arab Emirates Natural Gas Liquids Market, By Product Type
        • Others Natural Gas Liquids Market, By Product Type

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Rising Demand From Petrochemicals Plants and Refineries

3.2.1.2.    Growing Demand From Industrial and Residential Consumers

3.2.2.  Restraints

3.2.2.1.    Absence of Infrastructure to Handle NGLs

3.2.2.2.    High Competition from Other Energy Producing Products Such as Biogas and Methane Gas.

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Natural Gas Liquids Market, By Product Type

4.1.       Introduction

4.2.       Natural Gas Liquids Market Assessment and Forecast, By Product Type, 2014-2023

4.3.       Ethane

4.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.       Propane

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.       Isobutane

4.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.6.       Other Product Types

4.6.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.       Natural Gas Liquids Market, By Region

5.1.       Introduction

5.2.       Natural Gas Liquids Market  Assessment and Forecast, By Region, 2014-2023 ($Million)

5.3.       North America

5.3.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.3.2.  Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.3.3.  U.S.

5.3.3.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.3.4.  Canada

5.3.4.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.3.5.  Mexico

5.3.5.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.       Europe

5.4.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.4.2.  Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.3.  Germany

5.4.3.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.4.  France

5.4.4.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.5.  UK

5.4.5.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.6.  Italy

5.4.6.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.7.  Spain

5.4.7.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.4.8.  Rest of Europe

5.4.8.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.       Asia-Pacific

5.5.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.5.2.  Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.3.  Japan

5.5.3.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.4.  China

5.5.4.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.5.  Australia

5.5.5.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.6.  India

5.5.6.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.7.  South Korea

5.5.7.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.5.8.  Rest of Asia-Pacific

5.5.8.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.       Rest of the World

5.6.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

5.6.2.  Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.3.  Brazil

5.6.3.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.4.  Turkey

5.6.4.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.5.  Saudi Arabia

5.6.5.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.6.  South Africa

5.6.6.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.7.  United Arab Emirates

5.6.7.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

5.6.8.  Others

5.6.8.1.    Market Assessment and Forecast, By Product Type, 2014-2023 ($Million)

6.       Company Profiles

6.1.       ROYAL DUTCH SHELL PLC

6.1.1.  Business Overview

6.1.2.  Product Portfolio

6.1.3.  Key Financials

6.1.4.  Strategic Developments

6.2.        CHESAPEAKE ENERGY CORPORATION

6.2.1.  Business Overview

6.2.2.  Product Portfolio

6.2.3.  Key Financials

6.2.4.  Strategic Developments

6.3.       CONOCOPHILLIPS COMPANY

6.3.1.  Business Overview

6.3.2.  Product Portfolio

6.3.3.  Key Financials

6.3.4.  Strategic Developments

6.4.       SM ENERGY

6.4.1.  Business Overview

6.4.2.  Product Portfolio

6.4.3.  Key Financials

6.4.4.  Strategic Developments

6.5.       EXXON MOBIL CORPORATION

6.5.1.  Business Overview

6.5.2.  Product Portfolio

6.5.3.  Strategic Developments

6.6.       BP PLC

6.6.1.  Business Overview

6.6.2.  Product Portfolio

6.6.3.  Strategic Developments

6.7.       RANGE RESOURCES CORPORATION

6.7.1.  Business Overview

6.7.2.  Product Portfolio

6.7.3.  Strategic Developments

6.8.       STATOIL ASA

6.8.1.  Business Overview

6.8.2.  Product Portfolio

6.8.3.  Strategic Developments

6.9.       SWIFT ENERGY COMPANY

6.9.1.  Business Overview

6.9.2.  Product Portfolio

6.9.3.  Strategic Developments

6.10.    LINN ENERGY LLC

6.10.1.      Business Overview

6.10.2.      Product Portfolio

6.10.3.      Key Financials

6.10.4.      Strategic Developments


List of Tables

Table 1.Natural Gas Liquids Market, By Product Type ($Million), 2014-2023
Table 2.Ethane Market, By Region ($Million), 2014-2023
Table 3 Propane Market, By Region ($Million), 2014-2023
Table 4.Isobutane Market, By Region ($Million), 2014-2023
Table 5.Other Product Types Market, By Region ($Million), 2014-2023
Table 6.North America Natural Gas Liquids Market, By Country, 2014-2023 ($Million)
Table 7.North America Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 8.U.S.Natural Gas Liquids Market, by Product Type, 2014-2023 ($Million)
Table 9.Canada Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 10.Mexico Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 11.Europe Natural Gas Liquids Market, By Country, 2014-2023 ($Million)
Table 12.Europe Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 13.Germany Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 14.France Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 15.UK Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 16.Italy Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 17.Spain Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 18.Rest of Europe Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 19.Asia-Pacific Natural Gas Liquids Market, By Country, 2014-2023 ($Million)
Table 20.Asia-Pacific Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 21.Japan Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 22.China Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 23.Australia Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 24.India Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 25.South Korea Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 26.Rest of Asia-Pacific Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 27.Rest of the World Natural Gas Liquids Market, By Country, 2014-2023 ($Million)
Table 28.Rest of the World Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 29.Brazil Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 30.Turkey Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 31.Saudi Arabia Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 32.South Africa Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 33.United Arab Emirates Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 34.Others Natural Gas Liquids Market, By Product Type, 2014-2023 ($Million)
Table 35.ROYAL DUTCH SHELL PLC: Key Strategic Developments, 2015-2017
Table 36.CHESAPEAKE ENERGY CORPORATION: Key Strategic Developments, 2015-2017
Table 37.CONOCOPHILLIPS COMPANY: Key Strategic Developments, 2015-2017
Table 38.SM ENERGY: Key Strategic Developments, 2015-2017
Table 39.EXXON MOBIL CORPORATION: Key Strategic Developments, 2015-2017
Table 40.BP PLC: Key Strategic Developments, 2015-2017
Table 41.RANGE RESOURCES CORPORATION: Key Strategic Developments, 2015-2017
Table 42.STATOIL ASA: Key Strategic Developments, 2015-2017
Table 43.SWIFT ENERGY COMPANY: Key Strategic Developments, 2015-2017
Table 44.LINN ENERGY LLC: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Natural Gas Liquids Market Share, By Product Type, 2014 & 2023
Figure 2Natural Gas Liquids Market, By Region, 2014 & 2023 ($Million)
Figure 3.ROYAL DUTCH SHELL PLC: Net Revenues, 2014-2016 ($Million)
Figure 4.ROYAL DUTCH SHELL PLC: Net Revenue Share, By Segment, 2016
Figure 5.ROYAL DUTCH SHELL PLC: Net Revenue Share, By Geography, 2016
Figure 6.CHESAPEAKE ENERGY CORPORATION: Net Revenues, 2014-2016 ($Million)
Figure7.CHESAPEAKE ENERGY CORPORATION: Net Revenue Share, By Segment, 2016
Figure8.CHESAPEAKE ENERGY CORPORATION: Net Revenue Share, By Geography, 2016
Figure9.CONOCOPHILLIPS COMPANY: Net Revenues, 2014-2016 ($Million)
Figure10.CONOCOPHILLIPS COMPANY: Net Revenue Share, By Segment, 2016
Figure 11.CONOCOPHILLIPS COMPANY: Net Revenue Share, By Geography, 2016
Figure 12.SM ENERGY: Net Revenues, 2014-2016 ($Million)
Figure 13.SM ENERGY: Net Revenue Share, By Segment, 2016
Figure 14.SM ENERGY: Net Revenue Share, By Geography, 2016
Figure 15.LINN ENERGY LLC: Net Revenues, 2014-2016 ($Million)
Figure 16.LINN ENERGY LLC: Net Revenue Share, By Segment, 2016
Figure 17.LINN ENERGY LLC: Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

License Type

For Any Assistance

*
*
*