India Natural Gas Liquid Market (2024-2030) Outlook | Industry, Analysis, Growth, Companies, Trends, Revenue, Forecast, Share, Value & Size

India Natural Gas Liquid Market Synopsis

India has been ranked third in the world for natural gas liquids (NGL) production. The country is expected to remain as one of the leading NGL producers, with an estimated output of 11 million tonnes per annum by 2021-22. This rise in production can be attributed mainly to increasing domestic exploration and enhanced exploitation activities in offshore fields, which have increased significantly over the past few years.

Drivers of the Market:

One of the major drivers in India?s natural gas liquid market is its improving energy infrastructure. With huge investments being made into expanding pipelines and storage facilities, it has helped increase access to clean burning fuel sources like LNG and CNG. In addition, initiatives taken by various government bodies such as Make In India campaign and Energy Conservation Building Code also help promote utilization of these resources across different industries. Furthermore, rising demand from key end users such as transportation sector are likely to further drive growth opportunities for this industry in coming years

Challenges of the Market:

Despite growing demand for natural gas liquids in India , there still remains a number of challenges facing this particular industry segment . Firstly , high capital cost associated with development projects is one major challenge hampering penetration rate . Secondly , lack of adequate pipeline network remains another factor limiting expansion plans . Thirdly , stringent regulatory norms coupled with environmental concerns poses thrid hurdle impeding rapid progress.

Trends of the Market:

Growing focus towards developing renewable energy sources such as solar power will continue to limit scope for conventional fuels like NGLs going forward . Moreover , advent of technologies like smart metering systems are also anticipated to reduce dependence on fossil fuels gradually . Lastly , emergence of new business models focusing more on sustainability & ecofriendly alternatives are expected to influence future outlook further.

Key Players of the Market:

Some key players operating within Indian Natural Gas Liquid Market includes Reliance Industries Ltd., Essar Oil Ltd., Bharat Petroleum Corpn Ltd., Hindustan Petroleum Corpn Ltd etc apart from several international companies who have significant presence within country`s oil & gas landscape

The COVID - 19 Impact on the Market:

Covid-19 pandemic had extremely disruptive impact upon global economy resulting into slowdown among almost all sectors including Oil & Gas Industry too which was no exception here . As far as Natural Gas Liquid Sector specifically goes then due sudden decline witnessed among industrial usage alongwith dropdown observed amongst export volumes caused prices go southwards during lockdown period especially between April - July 2020 timeframe.

Key Highlights of the Report:

• India Natural Gas Liquid Market Outlook
• Market Size of India Natural Gas Liquid Market, 2020
• Forecast of India Natural Gas Liquid Market, 2027
• Historical Data and Forecast of India Natural Gas Liquid Revenues & Volume for the Period 2023 - 2027
• India Natural Gas Liquid Market Trend Evolution
• India Natural Gas Liquid Market Drivers and Challenges
• India Natural Gas Liquid Price Trends
• India Natural Gas Liquid Porter's Five Forces
• India Natural Gas Liquid Industry Life Cycle
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Type for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Ethane for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Propane for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Butane for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Pentane Plus for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Application for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Petrochemical Feedstock for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Space Heating for the Period 2023 - 2027
• Historical Data and Forecast of India Natural Gas Liquid Market Revenues & Volume By Blend stock for the Period 2023 - 2027
• India Natural Gas Liquid Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• India Natural Gas Liquid Top Companies Market Share
• India Natural Gas Liquid Competitive Benchmarking By Technical and Operational Parameters
• India Natural Gas Liquid Company Profiles
• India Natural Gas Liquid Key Strategic Recommendations

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