A latest report has been added to the wide database of Natural Gas Liquids Market by Infinium
Global Research. This report studies the Natural Gas Liquids Market by type (ethane, propane,
butane, iso-butane, pentane and pentane plus) market status and outlook of global and major
regions, from manufacturers, and end industries. The objective of the study is to identify market
sizes of different segments & countries in recent years and to forecast the values for the next six
years. Natural Gas Liquids Market provides opportunities in micro markets for stakeholders to
invest along with the detailed analysis of competitive landscape, latest trends, and product
offerings of the major companies in the Natural Gas Liquids Market
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Market Insights
The global natural gas liquids market is projected to grow with a CAGR between 6.5% and 7.0%
during 2017-2023. Increasing demand for ethane, butane and propane with their application in
petrochemical industry is the key factor driving the growth of global natural gas liquid market.
Furthermore, rising demand for natural gas liquid products in refineries such as to convert ethane
into ethylene by steam cracking, propane used for cracking petroleum into gasoline and ISO-
butane to increase the octane number of motor gasoline to improve its quality will drive this
market globally. Moreover, increasing population with changing lifestyle and high residential
usage of propane and butane products for burning, heating and cooking which in turn will drive
the global natural gas liquid market over the forecast period. However, decline in crude oil prices
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