Operators in the Natural Gas Liquid Processing industry processes raw natural gas by separating out a group of hydrocarbons often called natural gas liquids (NGLs), which include ethane, propane, butane, isobutane, pentane plus and natural gasoline. As a result of the shale gas boom and exponential export growth, this industry has fared particularly well over the past five years. Moving forward, companies will build more processing plants to accommodate greater supply of NGLs.
This industry separates out natural gas liquids (NGLs) from natural gas. Natural gas arrives at processing facilities in a gaseous state, and processors clean the natural gas and extract liquid hydrocarbons including ethane, propane, butane, isobutane and natural gasoline. These liquids have various uses including home heating fuel, inputs in plastic products and heating or blowing fuel in industrial production. The production of NGLs from oil refining is not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.