Natural Gas Liquid Market Is Anticipated To Grow At An Impressive Cagr During 2023-2028

May 22, 2023 ⚊ 1 Min read ⚊ Views 77 ⚊ BUSINESS

The natural gas liquid market is estimated to grow from USD 8.3 billion in 2022 to USD 12.73 billion by 2028 at a CAGR of 7.20% during the forecast period. The petrochemical industry is a major consumer of NGLs, as these hydrocarbons are used as feedstocks to produce a wide range of chemicals and plastics. With the growing demand for petrochemicals, particularly in emerging economies such as China and India.

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Tags: NATURAL GAS LIQUID Market

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