Natural Gas Liquids Market Growth Trends: Exploring Size, Share, and Future Projections
The natural gas liquids (NGLs) market is experiencing significant growth, driven by the escalating demand for cleaner and more sustainable fuel alternatives. With global concerns over rising CO2 emissions from various economic sectors such as manufacturing and transportation, the need for eco-friendly energy sources has never been more critical. According to the International Energy Agency, CO2 emissions surged by 40% from 2018 to 2020, with a 1.5% increase in 2020 alone. The transportation sector accounted for nearly one-quarter of these emissions, marking a 71% increase since 1990. Additionally, emissions from the household sector, largely attributed to fossil fuel combustion, GHG-emitting products, and inadequate waste management, represented 19% of total GHG emissions in the United Sta...
