Infinium Global Research Natural Gas Liquids Market | Page 9

Natural Gas Liquids Market: Global Industry Analysis, Trends, Market Size and Forecasts up
to 2023
ConocoPhillips Company, SWIFT ENERGY COMPANY, STATOIL ASA, and Linn Energy LLC,
Chevron Corp., Canadian Natural Resources Limited, and Anadarko Petroleum Corp., and
Alkcon Corp.
Global Natural Gas Liquids Market Projection
GLOBAL NATURAL GAS LIQUIDS MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Natural Gas Liquids Market is expected to experience rapid growth globally. However, the
market size in terms of value is expected to grow at a higher rate due to 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. The
global market size of natural gas liquids market in terms of value was USD xxx.x million in
2015.
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