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Global Natural Gas Liquids Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Oct 30, 2025
Length 159 Pages
SKU # BOSS20729933

Description

Report Overview

Natural Gas Liquids (NGLs) encompass a group of hydrocarbons—ethane, propane, butanes (normal butane and isobutane), and natural gasoline—that are extracted from natural gas streams during processing. These liquids are separated through various methods such as condensation, absorption, or cryogenic distillation. NGLs play a pivotal role in the energy sector, serving as essential feedstocks for petrochemical production, particularly in the manufacturing of plastics and synthetic materials. Additionally, they are utilized as fuels for heating, cooking, and in transportation, offering cleaner alternatives to traditional fuels. Their extraction and processing are integral to optimizing natural gas resources, contributing significantly to the energy infrastructure and economy.

The global Natural Gas Liquids market was valued at approximately USD 15.4 billion in 2024 and is projected to reach USD 21.59 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during this period. This growth trajectory reflects the increasing demand for NGLs across various sectors, driven by their versatility and essential role in energy and industrial applications. The market's expansion is further supported by advancements in extraction technologies and infrastructure development, enhancing the efficiency and capacity of NGL production and distribution.

The global Natural Gas Liquids market size was estimated at USD XX million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of XX% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Natural Gas Liquids market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Natural Gas Liquids market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Natural Gas Liquids market.

Global Natural Gas Liquids Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

ExxonMobil

Chesapeake Energy

BP Plc

Range Resources

Royal Dutch Shell Plc

SM Energy

ConocoPhillips Company

Swift Energy Company

Equinor

Linn Energy LLC

Chevron

Canadian Natural Resources Limited

Anadarko Petroleum

RBN Energy

Eni SpA

Devon Energy

Encana

Gas Liquid Engineering

Market Segmentation (by Type)

Ethane

Propane

Isobutane

Other

Market Segmentation (by Application)

Residential Sector

Petrochemical Plants Refineries

Industries

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Natural Gas Liquids Market

Overview of the regional outlook of the Natural Gas Liquids Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Natural Gas Liquids Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Natural Gas Liquids, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

159 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Natural Gas Liquids
1.2 Key Market Segments
1.2.1 Natural Gas Liquids Segment by Type
1.2.2 Natural Gas Liquids Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Natural Gas Liquids Market Overview
2.1 Global Market Overview
2.1.1 Global Natural Gas Liquids Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Natural Gas Liquids Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Natural Gas Liquids Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Natural Gas Liquids Product Life Cycle
3.3 Global Natural Gas Liquids Sales by Manufacturers (2020-2025)
3.4 Global Natural Gas Liquids Revenue Market Share by Manufacturers (2020-2025)
3.5 Natural Gas Liquids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Natural Gas Liquids Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Natural Gas Liquids Market Competitive Situation and Trends
3.8.1 Natural Gas Liquids Market Concentration Rate
3.8.2 Global 5 and 10 Largest Natural Gas Liquids Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Natural Gas Liquids Industry Chain Analysis
4.1 Natural Gas Liquids Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Natural Gas Liquids Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Natural Gas Liquids Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Natural Gas Liquids Market
5.7 ESG Ratings of Leading Companies
6 Natural Gas Liquids Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Natural Gas Liquids Sales Market Share by Type (2020-2025)
6.3 Global Natural Gas Liquids Market Size Market Share by Type (2020-2025)
6.4 Global Natural Gas Liquids Price by Type (2020-2025)
7 Natural Gas Liquids Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Natural Gas Liquids Market Sales by Application (2020-2025)
7.3 Global Natural Gas Liquids Market Size (M USD) by Application (2020-2025)
7.4 Global Natural Gas Liquids Sales Growth Rate by Application (2020-2025)
8 Natural Gas Liquids Market Sales by Region
8.1 Global Natural Gas Liquids Sales by Region
8.1.1 Global Natural Gas Liquids Sales by Region
8.1.2 Global Natural Gas Liquids Sales Market Share by Region
8.2 Global Natural Gas Liquids Market Size by Region
8.2.1 Global Natural Gas Liquids Market Size by Region
8.2.2 Global Natural Gas Liquids Market Size Market Share by Region
8.3 North America
8.3.1 North America Natural Gas Liquids Sales by Country
8.3.2 North America Natural Gas Liquids Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Natural Gas Liquids Sales by Country
8.4.2 Europe Natural Gas Liquids Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Natural Gas Liquids Sales by Region
8.5.2 Asia Pacific Natural Gas Liquids Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Natural Gas Liquids Sales by Country
8.6.2 South America Natural Gas Liquids Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Natural Gas Liquids Sales by Region
8.7.2 Middle East and Africa Natural Gas Liquids Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Natural Gas Liquids Market Production by Region
9.1 Global Production of Natural Gas Liquids by Region(2020-2025)
9.2 Global Natural Gas Liquids Revenue Market Share by Region (2020-2025)
9.3 Global Natural Gas Liquids Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Natural Gas Liquids Production
9.4.1 North America Natural Gas Liquids Production Growth Rate (2020-2025)
9.4.2 North America Natural Gas Liquids Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Natural Gas Liquids Production
9.5.1 Europe Natural Gas Liquids Production Growth Rate (2020-2025)
9.5.2 Europe Natural Gas Liquids Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Natural Gas Liquids Production (2020-2025)
9.6.1 Japan Natural Gas Liquids Production Growth Rate (2020-2025)
9.6.2 Japan Natural Gas Liquids Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Natural Gas Liquids Production (2020-2025)
9.7.1 China Natural Gas Liquids Production Growth Rate (2020-2025)
9.7.2 China Natural Gas Liquids Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 ExxonMobil
10.1.1 ExxonMobil Basic Information
10.1.2 ExxonMobil Natural Gas Liquids Product Overview
10.1.3 ExxonMobil Natural Gas Liquids Product Market Performance
10.1.4 ExxonMobil Business Overview
10.1.5 ExxonMobil SWOT Analysis
10.1.6 ExxonMobil Recent Developments
10.2 Chesapeake Energy
10.2.1 Chesapeake Energy Basic Information
10.2.2 Chesapeake Energy Natural Gas Liquids Product Overview
10.2.3 Chesapeake Energy Natural Gas Liquids Product Market Performance
10.2.4 Chesapeake Energy Business Overview
10.2.5 Chesapeake Energy SWOT Analysis
10.2.6 Chesapeake Energy Recent Developments
10.3 BP Plc
10.3.1 BP Plc Basic Information
10.3.2 BP Plc Natural Gas Liquids Product Overview
10.3.3 BP Plc Natural Gas Liquids Product Market Performance
10.3.4 BP Plc Business Overview
10.3.5 BP Plc SWOT Analysis
10.3.6 BP Plc Recent Developments
10.4 Range Resources
10.4.1 Range Resources Basic Information
10.4.2 Range Resources Natural Gas Liquids Product Overview
10.4.3 Range Resources Natural Gas Liquids Product Market Performance
10.4.4 Range Resources Business Overview
10.4.5 Range Resources Recent Developments
10.5 Royal Dutch Shell Plc
10.5.1 Royal Dutch Shell Plc Basic Information
10.5.2 Royal Dutch Shell Plc Natural Gas Liquids Product Overview
10.5.3 Royal Dutch Shell Plc Natural Gas Liquids Product Market Performance
10.5.4 Royal Dutch Shell Plc Business Overview
10.5.5 Royal Dutch Shell Plc Recent Developments
10.6 SM Energy
10.6.1 SM Energy Basic Information
10.6.2 SM Energy Natural Gas Liquids Product Overview
10.6.3 SM Energy Natural Gas Liquids Product Market Performance
10.6.4 SM Energy Business Overview
10.6.5 SM Energy Recent Developments
10.7 ConocoPhillips Company
10.7.1 ConocoPhillips Company Basic Information
10.7.2 ConocoPhillips Company Natural Gas Liquids Product Overview
10.7.3 ConocoPhillips Company Natural Gas Liquids Product Market Performance
10.7.4 ConocoPhillips Company Business Overview
10.7.5 ConocoPhillips Company Recent Developments
10.8 Swift Energy Company
10.8.1 Swift Energy Company Basic Information
10.8.2 Swift Energy Company Natural Gas Liquids Product Overview
10.8.3 Swift Energy Company Natural Gas Liquids Product Market Performance
10.8.4 Swift Energy Company Business Overview
10.8.5 Swift Energy Company Recent Developments
10.9 Equinor
10.9.1 Equinor Basic Information
10.9.2 Equinor Natural Gas Liquids Product Overview
10.9.3 Equinor Natural Gas Liquids Product Market Performance
10.9.4 Equinor Business Overview
10.9.5 Equinor Recent Developments
10.10 Linn Energy LLC
10.10.1 Linn Energy LLC Basic Information
10.10.2 Linn Energy LLC Natural Gas Liquids Product Overview
10.10.3 Linn Energy LLC Natural Gas Liquids Product Market Performance
10.10.4 Linn Energy LLC Business Overview
10.10.5 Linn Energy LLC Recent Developments
10.11 Chevron
10.11.1 Chevron Basic Information
10.11.2 Chevron Natural Gas Liquids Product Overview
10.11.3 Chevron Natural Gas Liquids Product Market Performance
10.11.4 Chevron Business Overview
10.11.5 Chevron Recent Developments
10.12 Canadian Natural Resources Limited
10.12.1 Canadian Natural Resources Limited Basic Information
10.12.2 Canadian Natural Resources Limited Natural Gas Liquids Product Overview
10.12.3 Canadian Natural Resources Limited Natural Gas Liquids Product Market Performance
10.12.4 Canadian Natural Resources Limited Business Overview
10.12.5 Canadian Natural Resources Limited Recent Developments
10.13 Anadarko Petroleum
10.13.1 Anadarko Petroleum Basic Information
10.13.2 Anadarko Petroleum Natural Gas Liquids Product Overview
10.13.3 Anadarko Petroleum Natural Gas Liquids Product Market Performance
10.13.4 Anadarko Petroleum Business Overview
10.13.5 Anadarko Petroleum Recent Developments
10.14 RBN Energy
10.14.1 RBN Energy Basic Information
10.14.2 RBN Energy Natural Gas Liquids Product Overview
10.14.3 RBN Energy Natural Gas Liquids Product Market Performance
10.14.4 RBN Energy Business Overview
10.14.5 RBN Energy Recent Developments
10.15 Eni SpA
10.15.1 Eni SpA Basic Information
10.15.2 Eni SpA Natural Gas Liquids Product Overview
10.15.3 Eni SpA Natural Gas Liquids Product Market Performance
10.15.4 Eni SpA Business Overview
10.15.5 Eni SpA Recent Developments
10.16 Devon Energy
10.16.1 Devon Energy Basic Information
10.16.2 Devon Energy Natural Gas Liquids Product Overview
10.16.3 Devon Energy Natural Gas Liquids Product Market Performance
10.16.4 Devon Energy Business Overview
10.16.5 Devon Energy Recent Developments
10.17 Encana
10.17.1 Encana Basic Information
10.17.2 Encana Natural Gas Liquids Product Overview
10.17.3 Encana Natural Gas Liquids Product Market Performance
10.17.4 Encana Business Overview
10.17.5 Encana Recent Developments
10.18 Gas Liquid Engineering
10.18.1 Gas Liquid Engineering Basic Information
10.18.2 Gas Liquid Engineering Natural Gas Liquids Product Overview
10.18.3 Gas Liquid Engineering Natural Gas Liquids Product Market Performance
10.18.4 Gas Liquid Engineering Business Overview
10.18.5 Gas Liquid Engineering Recent Developments
11 Natural Gas Liquids Market Forecast by Region
11.1 Global Natural Gas Liquids Market Size Forecast
11.2 Global Natural Gas Liquids Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Natural Gas Liquids Market Size Forecast by Country
11.2.3 Asia Pacific Natural Gas Liquids Market Size Forecast by Region
11.2.4 South America Natural Gas Liquids Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Natural Gas Liquids by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Natural Gas Liquids Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Natural Gas Liquids by Type (2026-2033)
12.1.2 Global Natural Gas Liquids Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Natural Gas Liquids by Type (2026-2033)
12.2 Global Natural Gas Liquids Market Forecast by Application (2026-2033)
12.2.1 Global Natural Gas Liquids Sales (K MT) Forecast by Application
12.2.2 Global Natural Gas Liquids Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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