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Feb. 28, 2020, 5:50 a.m. EST

Natural Gas Liquid Market Global Industry Trends, Future Growth, Regional Overview and Growth Forecast Outlook till 2026

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Feb 28, 2020 (The Expresswire) -- Top Players in Natural Gas Liquid Market are BP, ExxonMobil, Petrobras, ConocoPhillips, Statoil, Anadarko Petroleum Corporation, Devon Energy, Chesapeake Energy, Southwestern Energy, Range Resources, SM Energy Company, Swift Energy Company, Royal Dutch Shell, Eni S.p.A., Rosneft, Linn Energy LLC

The global natural gas liquid market is likely to witness considerable growth in the coming years due to the growing awareness regarding the use of combustible fuels releasing harmful gases. According to a report by Fortune Business Insights, titled “Natural Gas Liquid Market Size, Share and Global Trend by Product (Ethane, Propane, Butane, Pentane, and Others), By Application (Petrochemical Feedstock, Space Heating, Blend Stock, and Others), and Geography Forecast till 2026,” the market will derive growth from the use of natural gas liquids over diverse applications.

The natural gas liquids or hydrocarbons are widely used in several applications across a diversified sector. The property of liquefied natural gas to occupy a significantly low volume has led to advantages such as easy transportation and low space occupancy. Transportation of large amounts of natural gas liquids over longer distances has encouraged trade activities. In addition to transportation, the chemical composition of the natural gas liquid allows their use in applications such as petroleum, oil refineries, cooking, and as a transportation fuel for vehicles. The report provides segmentation of the global natural gas liquids market and signifies the applications of several product types, in addition to describing their impact on the growth of the market. Additionally, the report highlights the latest industry developments and states the impact of these developments on the global natural gas liquids market.

Listof the leading companiesin natural gas liquids market:

  • Exxon Mobil Corporation

  • ConocoPhillips

  • Chesapeake Energy Corporation

  • Eni S.p.A.

  • Rosneft

  • Petrobras

  • SM Energy

  • Linn Energy LLC

  • BP Plc

  • Statoil ASA

  • Swift Energy Company

  • Range Resources Corporation

  • Devon Energy Corporation

  • Royal Dutch Shell Plc

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