North America Natural Gas Liquids Market Size & Outlook
Related Markets
North America natural gas liquids market highlights
- The North America natural gas liquids market generated a revenue of USD 3,955.7 million in 2024.
- The market is expected to grow at a CAGR of 6.4% from 2025 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2024.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 3,955.7 million |
| Market revenue in 2030 | USD 5,721.3 million |
| Growth rate | 6.4% (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, North America region accounted for 25.7% of the global natural gas liquids market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 71.2 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 |
North America 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 42.35% in 2024. Horizon Databook has segmented the North America natural gas liquids market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of North America 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 continent-level data and insights on the North America natural gas liquids market , including forecasts for subscribers. This continent databook contains high-level insights into North America natural gas liquids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America natural gas liquids market size, by country, 2018-2030 (US$M)
North America Natural Gas Liquids Market Outlook Share, 2024 & 2030 (US$M)
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