Natural Gas Liquid Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine

Natural Gas Liquid Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine


The global natural gas liquid market is expected to grow at a CAGR of around 5.7% during 2025-2034. This report on global natural gas liquid market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global natural gas liquid market by segmenting the market based on product, application and region. Also, detailed profiles of companies operating in the natural gas liquid market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increased Demand for Space Heating
• Growing Urbanization

Market Challenges

• Lack of Geopolitical Uncertainty

Historical & Forecast Period

Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034

Market by Product

• Ethane
• Propane
• Butane
• Pentane
• Other Products

Market by Application

• Residential
• Commercial
• Industrial

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Natural Gas Liquid Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Natural Gas Liquid Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Natural Gas Liquid Market by Product
5.1. Introduction
5.2. Ethane
5.3. Propane
5.4. Butane
5.5. Pentane
5.6. Other Products
6. Global Natural Gas Liquid Market by Application
6.1. Introduction
6.2. Residential
6.3. Commercial
6.4. Industrial
7. Global Natural Gas Liquid Market by Region
7.1. Introduction
7.2. Europe
7.2.1. Germany
7.2.2. United Kingdom
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Russia
7.2.7. Netherlands
7.2.8. Rest of the Europe
7.3. North America
7.3.1. United States
7.3.2. Canada
7.4. Asia Pacific
7.4.1. China
7.4.2. Japan
7.4.3. India
7.4.4. South Korea
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Rest of the Asia Pacific
7.5. Latin America
7.5.1. Mexico
7.5.2. Brazil
7.5.3. Argentina
7.5.4. Rest of Latin America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. Turkey
7.6.3. Iran
7.6.4. United Arab Emirates
7.6.5. Rest of Middle East & Africa
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. ChelPipe Group
11.2.2. Mott Macdonald Group Ltd
11.2.3. Nippon Steel Corporation
11.2.4. OMK Steel Ltd
11.2.5. Shengli Oil & Gas Pipe Holdings Limited
11.2.6. TechnipFMC PLC
11.2.7. Tenaris Inc.
11.2.8. TMK Group
11.2.9. United States Steel Corporation
List of Figures
Figure 1: Global Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 2: Global Natural Gas Liquid Market by Product, 2024
Figure 3: Global Natural Gas Liquid Market by Application, 2024
Figure 4: Global Natural Gas Liquid Market by Region, 2024
Figure 5: Global Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 6: Global Natural Gas Liquid Market by Product (in %), 2024 & 2034
Figure 7: Global Ethane Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 8: Global Ethane Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 9: Global Propane Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 10: Global Propane Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 11: Global Butane Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 12: Global Butane Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 13: Global Pentane Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 14: Global Pentane Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 15: Global Other Products Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 16: Global Other Products Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 17: Global Natural Gas Liquid Market by Application (in %), 2024 & 2034
Figure 18: Global Residential Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 19: Global Residential Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 20: Global Commercial Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 21: Global Commercial Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 22: Global Industrial Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 23: Global Industrial Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 24: Global Natural Gas Liquid Market by Region (in %), 2024 & 2034
Figure 25: Europe Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 26: Europe Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 27: Europe Natural Gas Liquid Market by Country (in %), 2024 & 2034
Figure 28: Germany Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 29: United Kingdom Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 30: France Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 31: Italy Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 32: Spain Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 33: Russia Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 34: Netherlands Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 35: North America Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 36: North America Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 37: North America Natural Gas Liquid Market by Country (in %), 2024 & 2034
Figure 38: United States Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 39: Canada Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 40: Asia Pacific Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 41: Asia Pacific Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 42: Asia Pacific Natural Gas Liquid Market by Country (in %), 2024 & 2034
Figure 43: China Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 44: Japan Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 45: India Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 46: South Korea Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 47: Australia Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 48: Indonesia Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 49: Latin America Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 50: Latin America Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 51: Latin America Natural Gas Liquid Market by Country (in %), 2024 & 2034
Figure 52: Mexico Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 53: Brazil Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 54: Argentina Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 55: Middle East & Africa Natural Gas Liquid Market (in US$ Million), 2020-2024
Figure 56: Middle East & Africa Natural Gas Liquid Market (in US$ Million), 2025-2034
Figure 57: Middle East & Africa Natural Gas Liquid Market by Country (in %), 2024 & 2034
Figure 58: Saudi Arabia Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 59: Turkey Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 60: Iran Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 61: UAE Natural Gas Liquid Market (in US$ Million), 2020-2034
Figure 62: Market Value Chain
List of Tables
Table 1: Global Natural Gas Liquid Market Portraiture
Table 2: Global Natural Gas Liquid Market by Product (in US$ Million), 2024 & 2034
Table 3: Global Natural Gas Liquid Market by Application (in US$ Million), 2024 & 2034
Table 4: Global Natural Gas Liquid Market by Region (in US$ Million), 2024 & 2034
Table 5: Europe Natural Gas Liquid Market by Country (in US$ Million), 2024 & 2034
Table 6: North America Natural Gas Liquid Market by Country (in US$ Million), 2024 & 2034
Table 7: Asia Pacific Natural Gas Liquid Market by Country (in US$ Million), 2024 & 2034
Table 8: Latin America Natural Gas Liquid Market by Country (in US$ Million), 2024 & 2034
Table 9: Middle East & Africa Natural Gas Liquid Market by Country (in US$ Million),
2024 & 2034
Table 10: List of Key Players

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