Global Natural Gas Liquids Market Size & Outlook, 2025-2030
Global natural gas liquids market, 2018-2030 (US$M)
Related Markets
Global natural gas liquids market highlights
- The global natural gas liquids market generated a revenue of USD 15,397.7 million in 2024 and is expected to reach USD 21,589.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.8% by 2030.
- In terms of segment, industrial accounted for a revenue of USD 7,454.5 million in 2024.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 15,397.7 million |
| Market revenue in 2030 | USD 21,589.8 million |
| Growth rate | 5.8% (CAGR from 2025 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Commercial, Residential |
Other key industry trends
- In terms of revenue, the North America accounted for 25.7% of the global natural gas liquids market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 20.8 million by 2030.
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Natural Gas Liquids Market Scope
Natural Gas Liquids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ONEOK | View profile | 1001-5000 | Tulsa, Oklahoma, United States, North America | http://www.oneok.com |
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| Saudi Aramco | View profile | 10001+ | Dhahran, Ash Sharqiyah, Saudi Arabia, Asia | http://www.saudiaramco.com |
| Enterprise Products Partners LP | View profile | - | 1100 Louisiana Street, 10th Floor, Houston, TX, United States, 77002 | https://www.enterpriseproducts.com |
| Occidental Petroleum Corp | View profile | 12570 | 5 Greenway Plaza, Suite 110, Houston, TX, United States, 77046 | https://www.oxy.com |
| Phillips 66 | View profile | 14000 | 2331 CityWest Boulevard, Houston, TX, United States, 77042 | https://www.phillips66.com |
| Gazprom | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.gazprom.com |
| Sherwin-Williams Co | View profile | 64088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | https://www.sherwin-williams.com |
| ConocoPhillips | View profile | 10000 | 925 North Eldridge Parkway, Houston, TX, United States, 77079 | https://www.conocophillips.com |
| KLM Royal Dutch Airlines | View profile | 21670 | Amsterdamseweg 55, Amstelveen, NH, Netherlands, 1182 GP | https://www.klm.com |
| BP PLC | View profile | 87800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | https://www.bp.com |
| Eni | View profile | 10001+ | Rome, Lazio, Italy, Europe | http://www.eni.com/en_IT/home.html |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
Global natural gas liquids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to natural gas liquids market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 48.41% in 2024. Horizon Databook has segmented the Global natural gas liquids market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Natural Gas Liquids Application Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Commercial
- Residential
- Global Natural Gas Liquids Product Outlook (Revenue, USD Million, 2018-2030)
- Isobutene
- Ethane
- Propane
- Natural Gasoline
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Target buyers of Global natural gas liquids market databook
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Our clientele includes a mix of natural gas liquids market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global natural gas liquids market , including forecasts for subscribers. This global databook contains high-level insights into Global natural gas liquids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global natural gas liquids market size, by regions, 2018-2030 (US$M)
Top 10 countries: Natural gas liquids market size, 2024 (US$M)
Global natural gas liquids market share, by application, 2024 & 2030 (%, US$M)
Natural gas liquids market: Opportunity assessment by country
Global natural gas liquids market, by region, 2024 (US$M)
Related statistics
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