Natural Gas Liquids (NGLs) Market Size 2025-2029
The natural gas liquids (NGLs) market size is forecast to increase by USD 21.5 billion, at a CAGR of 6.7% between 2024 and 2029.
- The market is experiencing significant growth, driven by the expanding petrochemical industry and increasing demand for renewable energy. The petrochemical sector's growth is fueled by the rising production of plastics and other chemicals, which require NGLs as feedstocks. Moreover, the shift towards cleaner energy sources is creating new opportunities for NGLs as they are often used as feedstocks in the production of biofuels and other renewable energy applications. However, the market faces challenges as well. Growing environmental concerns are pushing for stricter regulations on the production and use of NGLs due to their carbon footprint. Additionally, the volatility of crude oil prices and the availability of alternative feedstocks can impact the profitability of NGLs.
- Companies operating in the NGLs market must navigate these challenges by investing in sustainable production methods, exploring alternative feedstocks, and building strategic partnerships to stay competitive. By capitalizing on the growth opportunities and addressing these challenges effectively, players in the NGLs market can secure a strong market position and drive long-term success.
What will be the Size of the Natural Gas Liquids (NGLs) Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The natural gas liquids (NGL) market is a dynamic and evolving sector, characterized by continuous shifts in supply and demand patterns and applications across various industries. NGLs, including propane, butane, and pentane, are derived from the natural gas value chain through a process called natural gas processing. These liquids find extensive use in various sectors, such as diesel production, hydrogen generation, and synthetic rubber manufacturing. Environmental regulations continue to shape the NGL market, with a focus on reducing greenhouse gas emissions and promoting carbon capture and energy efficiency. Cryogenic separation is a critical process in NGL production, enabling the separation of NGLs from natural gas through low-temperature distillation.
Fuel blending is another significant application of NGLs, with propane and butane used as fuel additives in gasoline and diesel to enhance combustion efficiency and reduce emissions. The ongoing transition towards renewable resources and sustainable development has led to the emergence of bio-based NGLs derived from renewable feedstocks. The NGL market is subject to market volatility due to price fluctuations and supply and demand imbalances. LNG terminals and LNG carriers play a crucial role in facilitating global trade, enabling the transportation of NGLs to markets where demand is high. The circular economy concept is gaining traction in the NGL industry, with a focus on maximizing the value of by-products and minimizing waste.
Fischer-tropsch synthesis is an emerging technology in the NGL market, enabling the conversion of natural gas into liquid hydrocarbons, including jet fuel and diesel. The potential for CO2 sequestration and emissions reduction through the utilization of NGLs in industrial processes and power generation is a significant area of research and development. Overall, the NGL market is a dynamic and evolving sector, with ongoing innovations and regulatory developments shaping its future.
How is this Natural Gas Liquids (NGLs) Industry segmented?
The natural gas liquids (NGLs) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- Application
- Industrial
- Residential
- Commercial
- Product
- Propane
- Butane
- Pentane
- Ethane
- Geography
- North America
- Europe
- Middle East and Africa
- APAC
- Rest of World (ROW)
.
By Application Insights
The industrial segment is estimated to witness significant growth during the forecast period.
NGLs, such as ethane and propane, are vital components in the petrochemical industry, serving as essential feedstocks for the production of chemicals and plastics like ethylene, propylene, butadiene, and synthetic rubber. These building blocks are integral to various products, including plastics, synthetic rubber, detergents, and solvents. Propane and butane are also widely used as heating fuels for residential and industrial applications and as fuel for vehicles in areas with limited natural gas access or as LPG for cooking and heating. In refining operations, NGLs play a significant role. They undergo cryogenic separation to isolate individual components, which are then transported via pipelines or tankers for further processing.
Hydrogen production is another application for NGLs, which is increasingly gaining traction due to its use in hydrogen fuel cells and as a feedstock for ammonia and methanol production. The value chain of NGLs includes natural gas processing, storage, transportation, and end-use applications. Environmental regulations continue to shape the market, with a focus on reducing greenhouse gas emissions and promoting carbon capture and energy efficiency. Renewable resources and bio-based NGLs are emerging as alternatives, contributing to the circular economy and sustainable development. Market volatility is a constant factor, driven by supply and demand imbalances and price fluctuations.
NGLs are used as fuel blending components, fuel additives, and in the production of jet fuel, LNG, and LPG. The market's evolution is influenced by factors such as technological advancements, including Fischer-Tropsch synthesis and CO2 sequestration, and the increasing importance of emissions reduction strategies.

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The Industrial segment was valued at USD 28.29 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 45% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American the market is experiencing substantial growth due to the increasing demand from the petrochemical industry. NGLs serve as crucial feedstocks for producing a vast array of chemicals and plastics. The expansion of industries such as automotive, construction, and packaging is driving the petrochemical sector's growth, consequently increasing NGL demand. The emergence of shale gas and oil production, particularly in the US, has led to a significant increase in natural gas production. Rich in NGL content, shale reservoirs further boost NGL output. The development of Liquefied Natural Gas (LNG) export facilities in North America has fueled the demand for NGLs, as they are often separated from natural gas before liquefaction and can be exported as a valuable product.
The value chain of NGLs includes cryogenic separation, storage in tanks, fuel blending, and various applications such as hydrogen production, synthetic rubber, and fuel additives. Environmental regulations have led to the adoption of carbon capture, energy efficiency, and emissions reduction technologies in NGL processing. Market volatility, price fluctuations, and the integration of renewable resources and bio-based NGLs are shaping the market's future trends. The circular economy and sustainable development are also influencing the NGL market, with LPG blending and CO2 sequestration gaining importance.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Natural Gas Liquids (NGLs) Industry?
- The significant growth in demand for renewable energy serves as the primary market catalyst.
- The global market for Natural Gas Liquids (NGLs) is experiencing significant growth due to the increasing energy demand and the shift towards cleaner-burning fuels. NGLs, which include natural gas and its components such as ethane, propane, butane, and pentane, are gaining popularity as they emit fewer greenhouse gases compared to coal and oil during combustion. The demand for NGLs is driven by their extensive use as feedstock in various industries, particularly in the petrochemical sector. They are utilized in the production of plastics, chemicals, and synthetic rubber, among other products. The growth in these industries, fueled by industrial and commercial activities, is propelling the demand for NGLs.
- Moreover, NGLs are also used as feedstock in hydrogen production and diesel production processes. Hydrogen is a clean energy source that is increasingly being used for power generation and transportation. The renewable production of hydrogen using NGLs from renewable resources is also gaining traction. Pipeline transportation is the primary mode of transporting NGLs due to their liquid state at room temperature and their high energy density. The availability of ample storage capacity in the form of underground storage tanks ensures a consistent supply of NGLs to meet the growing demand. In conclusion, the NGLs market is poised for growth due to the increasing energy demand, the shift towards cleaner-burning fuels, and the extensive use of NGLs as feedstock in various industries.
- The market dynamics are driven by industrial growth, the need for cleaner energy, and the availability of efficient transportation and storage solutions.
What are the market trends shaping the Natural Gas Liquids (NGLs) Industry?
- The petrochemical industry is experiencing significant growth, making it a noteworthy market trend for professionals. This expansion signifies a promising opportunity for businesses and investments within this sector.
- The Natural Gas Liquids (NGL) market plays a pivotal role in the petrochemical industry as they serve as essential feedstocks for producing various products, including plastics, chemicals, and synthetic materials. Ethane, a significant component of NGLs, is particularly valuable as it is used in the production of ethylene, which is a fundamental building block for numerous petrochemicals. The escalating demand for these feedstocks has fueled the growth of the NGL market. A notable trend in the petrochemical sector is the construction and expansion of ethane cracker plants, which convert ethane into ethylene. These facilities have been established to capitalize on the abundant supply of low-cost ethane derived from NGLs.
- As the petrochemical industry expands, downstream processes, such as plastic and chemical production, follow suit. Moreover, environmental regulations are increasingly influencing the NGL market, with a focus on reducing greenhouse gas emissions and improving energy efficiency. Technological advancements, such as cryogenic separation and fuel blending, have been instrumental in addressing these concerns. Additionally, carbon capture and Fischer-Tropsch synthesis are emerging technologies that offer potential solutions for reducing the carbon footprint of the petrochemical industry. In conclusion, the NGL market is experiencing robust growth due to the increasing demand for feedstocks in the petrochemical industry.
- The construction of ethane cracker plants and the expansion of downstream processes are significant trends. Furthermore, environmental regulations and technological advancements are shaping the market's future direction, with a focus on reducing greenhouse gas emissions, improving energy efficiency, and developing sustainable production methods.
What challenges does the Natural Gas Liquids (NGLs) Industry face during its growth?
- The expansion of the industry faces significant hurdles due to increasing environmental concerns, which necessitates implementing sustainable business practices to ensure continued growth.
- Natural Gas Liquids (NGLs) are essential by-products of natural gas processing. The supply and demand dynamics of NGLs are influenced by various factors. Methane emissions, a potent greenhouse gas, are a significant concern in the extraction and transportation of natural gas and NGLs. Strict environmental regulations, such as methane emissions limits, increase compliance costs for producers and impact the economics of NGL projects. Moreover, the rapid growth of renewable energy sources, like wind and solar, poses a competitive challenge to natural gas and NGLs in power generation. Renewable energy provides carbon-free electricity, reducing the demand for natural gas.
- These factors contribute to market volatility and price fluctuations in the NGL market. Propane blending and use as fuel additives are primary applications for NGLs. Propane is widely used as a fuel for heating and cooking in residential and commercial applications. As a fuel additive, it enhances the combustion efficiency of gasoline and diesel fuels. These uses provide stability to the NGL market despite the challenges. In conclusion, the NGL market faces challenges from environmental regulations and renewable energy sources. However, the demand for propane as a fuel and fuel additive provides stability to the market.
- Understanding these market dynamics is crucial for businesses involved in the production, transportation, and consumption of NGLs.
Exclusive Customer Landscape
The natural gas liquids (NGLs) market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the natural gas liquids (NGLs) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, natural gas liquids (ngls) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
BP Plc - The company specializes in the production and distribution of natural gas liquids (NGLs), including Ethane, Propane, Normal Butane, and Isobutane.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- BP Plc
- Canadian Natural Resources Ltd.
- Chevron Corp.
- Citizen Energy
- ConocoPhillips Co.
- Equinor ASA
- Expand Energy Corp.
- Exxon Mobil Corp.
- Nigeria LNG Ltd.
- Ovintiv Inc.
- Petroleos de Venezuela SA
- PJSC LUKOIL
- PT Pertamina Persero
- Repsol S.A.
- Saudi Arabian Oil Co.
- Shell plc
- SilverBow Resources Inc.
- SM ENERGY CO.
- TotalEnergies SE
- Valero Energy Corp.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Natural Gas Liquids (NGLs) Market
- In March 2024, Shell and Chevron announced a strategic collaboration to expand their NGLs business in the Permian Basin. The partnership aimed to increase their combined NGLs production capacity by 25%, making them major players in the region (Shell press release, 2024).
- In July 2024, Kinder Morgan, the leading pipeline transportation and energy infrastructure company, completed the expansion of its Seaway Pipeline system, which increased its capacity to transport NGLs from the Mont Belvieu hub in Texas to the Gulf Coast by 20%. This expansion further strengthened Kinder Morgan's position as a key player in the NGLs market (Kinder Morgan press release, 2024).
- In November 2024, ExxonMobil received regulatory approval from the U.S. Department of Energy to construct a new NGLs export terminal in Texas. The terminal, named the Golden Pass NGL Export Terminal, will have an initial capacity of 1.4 million metric tons per year and is expected to create significant economic opportunities in the region (ExxonMobil press release, 2024).
- In February 2025, Linde plc, a leading industrial gases company, launched a new technology called 'Cryo-Flex', which enables the transportation of NGLs in flexible pipelines. This innovation is expected to reduce the capital investment required for NGLs infrastructure projects and increase the efficiency of the NGLs supply chain (Linde press release, 2025).
Research Analyst Overview
- Natural Gas Liquids (NGLs) are a valuable byproduct of the natural gas industry, consisting of ethane, propane, butane, isobutane, pentanes, and other hydrocarbons. These components are extracted from natural gas through a process called fractionation, which separates the NGLs from the methane gas. NGLs play a significant role in various industries, including petrochemicals, energy, and transportation. Ethane and propane are commonly used as feedstocks in the production of ethylene and propylene, key building blocks for the manufacturing of plastics and other chemicals. Butane and isobutane are utilized as fuel components and as feedstocks in the production of butylene and other petrochemicals.
- The NGL market is influenced by several factors. The energy sector's demand for NGLs as refinery feedstocks and as fuel components in power generation is a significant driver. Natural gas processing plants and fractionation facilities are essential infrastructure for NGL production and distribution. Gas pipelines, tanker transport, rail transport, and truck transport are critical for the movement of NGLs from production sites to markets. Underground and aboveground storage facilities are necessary for the storage of NGLs, particularly for those used as fuel components. Export and import terminals facilitate international trade in NGLs. The petrochemical industry's demand for NGLs as feedstocks is a significant driver for the market's growth.
- In the Natural Gas Liquids market is a critical component of the global energy landscape, with applications ranging from fuel to petrochemical feedstocks. The market's dynamics are influenced by various factors, including production capacity, demand, and the supply chain. The versatility of NGLs and their role in various industries make them an essential component of the global energy landscape.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Natural Gas Liquids (NGLs) Market insights. See full methodology.
Market Scope
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Report Coverage
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Details
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Page number
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207
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Base year
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2024
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Historic period
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2019-2023 |
Forecast period
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2025-2029
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Growth momentum & CAGR
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Accelerate at a CAGR of 6.7%
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Market growth 2025-2029
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USD 21.5 billion
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Market structure
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Fragmented
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YoY growth 2024-2025(%)
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6.2
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Key countries
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US, Russia, China, Iran, Canada, Saudi Arabia, Qatar, UAE, Norway, and Australia
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Competitive landscape
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Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
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What are the Key Data Covered in this Natural Gas Liquids (NGLs) Market Research and Growth Report?
- CAGR of the Natural Gas Liquids (NGLs) industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across North America, Middle East and Africa, Europe, APAC, and South America
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the natural gas liquids (ngls) market growth of industry companies
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Natural Gas Liquids (NGLs) Market 2019 - 2023
- Historic Market Size - Data Table on Global Natural Gas Liquids (NGLs) Market 2019 - 2023 ($ million)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The AI impact on Global Natural Gas Liquids (NGLs) Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
- 8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 8.3 Industrial - Market size and forecast 2024-2029
- Chart on Industrial - Market size and forecast 2024-2029 ($ million)
- Data Table on Industrial - Market size and forecast 2024-2029 ($ million)
- Chart on Industrial - Year-over-year growth 2024-2029 (%)
- Data Table on Industrial - Year-over-year growth 2024-2029 (%)
- 8.4 Residential - Market size and forecast 2024-2029
- Chart on Residential - Market size and forecast 2024-2029 ($ million)
- Data Table on Residential - Market size and forecast 2024-2029 ($ million)
- Chart on Residential - Year-over-year growth 2024-2029 (%)
- Data Table on Residential - Year-over-year growth 2024-2029 (%)
- 8.5 Commercial - Market size and forecast 2024-2029
- Chart on Commercial - Market size and forecast 2024-2029 ($ million)
- Data Table on Commercial - Market size and forecast 2024-2029 ($ million)
- Chart on Commercial - Year-over-year growth 2024-2029 (%)
- Data Table on Commercial - Year-over-year growth 2024-2029 (%)
- 8.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Propane - Market size and forecast 2024-2029
- Chart on Propane - Market size and forecast 2024-2029 ($ million)
- Data Table on Propane - Market size and forecast 2024-2029 ($ million)
- Chart on Propane - Year-over-year growth 2024-2029 (%)
- Data Table on Propane - Year-over-year growth 2024-2029 (%)
- 9.4 Butane - Market size and forecast 2024-2029
- Chart on Butane - Market size and forecast 2024-2029 ($ million)
- Data Table on Butane - Market size and forecast 2024-2029 ($ million)
- Chart on Butane - Year-over-year growth 2024-2029 (%)
- Data Table on Butane - Year-over-year growth 2024-2029 (%)
- 9.5 Pentane - Market size and forecast 2024-2029
- Chart on Pentane - Market size and forecast 2024-2029 ($ million)
- Data Table on Pentane - Market size and forecast 2024-2029 ($ million)
- Chart on Pentane - Year-over-year growth 2024-2029 (%)
- Data Table on Pentane - Year-over-year growth 2024-2029 (%)
- 9.6 Ethane - Market size and forecast 2024-2029
- Chart on Ethane - Market size and forecast 2024-2029 ($ million)
- Data Table on Ethane - Market size and forecast 2024-2029 ($ million)
- Chart on Ethane - Year-over-year growth 2024-2029 (%)
- Data Table on Ethane - Year-over-year growth 2024-2029 (%)
- 9.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 11.4 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 11.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 11.6 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 11.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 11.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 11.9 Russia - Market size and forecast 2024-2029
- Chart on Russia - Market size and forecast 2024-2029 ($ million)
- Data Table on Russia - Market size and forecast 2024-2029 ($ million)
- Chart on Russia - Year-over-year growth 2024-2029 (%)
- Data Table on Russia - Year-over-year growth 2024-2029 (%)
- 11.10 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 11.11 Iran - Market size and forecast 2024-2029
- Chart on Iran - Market size and forecast 2024-2029 ($ million)
- Data Table on Iran - Market size and forecast 2024-2029 ($ million)
- Chart on Iran - Year-over-year growth 2024-2029 (%)
- Data Table on Iran - Year-over-year growth 2024-2029 (%)
- 11.12 Saudi Arabia - Market size and forecast 2024-2029
- Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
- Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
- Chart on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2024-2029 (%)
- 11.13 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 11.14 Qatar - Market size and forecast 2024-2029
- Chart on Qatar - Market size and forecast 2024-2029 ($ million)
- Data Table on Qatar - Market size and forecast 2024-2029 ($ million)
- Chart on Qatar - Year-over-year growth 2024-2029 (%)
- Data Table on Qatar - Year-over-year growth 2024-2029 (%)
- 11.15 UAE - Market size and forecast 2024-2029
- Chart on UAE - Market size and forecast 2024-2029 ($ million)
- Data Table on UAE - Market size and forecast 2024-2029 ($ million)
- Chart on UAE - Year-over-year growth 2024-2029 (%)
- Data Table on UAE - Year-over-year growth 2024-2029 (%)
- 11.16 Norway - Market size and forecast 2024-2029
- Chart on Norway - Market size and forecast 2024-2029 ($ million)
- Data Table on Norway - Market size and forecast 2024-2029 ($ million)
- Chart on Norway - Year-over-year growth 2024-2029 (%)
- Data Table on Norway - Year-over-year growth 2024-2029 (%)
- 11.17 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ million)
- Data Table on Australia - Market size and forecast 2024-2029 ($ million)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
- 11.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 BP Plc
- BP Plc - Overview
- BP Plc - Business segments
- BP Plc - Key news
- BP Plc - Key offerings
- BP Plc - Segment focus
- SWOT
- 14.5 Canadian Natural Resources Ltd.
- Canadian Natural Resources Ltd. - Overview
- Canadian Natural Resources Ltd. - Product / Service
- Canadian Natural Resources Ltd. - Key offerings
- SWOT
- 14.6 Chevron Corp.
- Chevron Corp. - Overview
- Chevron Corp. - Business segments
- Chevron Corp. - Key news
- Chevron Corp. - Key offerings
- Chevron Corp. - Segment focus
- SWOT
- 14.7 ConocoPhillips Co.
- ConocoPhillips Co. - Overview
- ConocoPhillips Co. - Business segments
- ConocoPhillips Co. - Key offerings
- ConocoPhillips Co. - Segment focus
- SWOT
- 14.8 Equinor ASA
- Equinor ASA - Overview
- Equinor ASA - Business segments
- Equinor ASA - Key news
- Equinor ASA - Key offerings
- Equinor ASA - Segment focus
- SWOT
- 14.9 Expand Energy Corp.
- Expand Energy Corp. - Overview
- Expand Energy Corp. - Product / Service
- Expand Energy Corp. - Key offerings
- SWOT
- 14.10 Exxon Mobil Corp.
- Exxon Mobil Corp. - Overview
- Exxon Mobil Corp. - Business segments
- Exxon Mobil Corp. - Key news
- Exxon Mobil Corp. - Key offerings
- Exxon Mobil Corp. - Segment focus
- SWOT
- 14.11 Nigeria LNG Ltd.
- Nigeria LNG Ltd. - Overview
- Nigeria LNG Ltd. - Product / Service
- Nigeria LNG Ltd. - Key offerings
- SWOT
- 14.12 Ovintiv Inc.
- Ovintiv Inc. - Overview
- Ovintiv Inc. - Business segments
- Ovintiv Inc. - Key offerings
- Ovintiv Inc. - Segment focus
- SWOT
- 14.13 Petroleos de Venezuela SA
- Petroleos de Venezuela SA - Overview
- Petroleos de Venezuela SA - Product / Service
- Petroleos de Venezuela SA - Key offerings
- SWOT
- 14.14 PJSC LUKOIL
- PJSC LUKOIL - Overview
- PJSC LUKOIL - Product / Service
- PJSC LUKOIL - Key offerings
- SWOT
- 14.15 PT Pertamina Persero
- PT Pertamina Persero - Overview
- PT Pertamina Persero - Business segments
- PT Pertamina Persero - Key offerings
- PT Pertamina Persero - Segment focus
- SWOT
- 14.16 Saudi Arabian Oil Co.
- Saudi Arabian Oil Co. - Overview
- Saudi Arabian Oil Co. - Product / Service
- Saudi Arabian Oil Co. - Key offerings
- SWOT
- 14.17 Shell plc
- Shell plc - Overview
- Shell plc - Business segments
- Shell plc - Key news
- Shell plc - Key offerings
- Shell plc - Segment focus
- SWOT
- 14.18 Valero Energy Corp.
- Valero Energy Corp. - Overview
- Valero Energy Corp. - Business segments
- Valero Energy Corp. - Key offerings
- Valero Energy Corp. - Segment focus
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations