US NAICS OD5404|Statistics

Natural Gas Liquid Processing in the US - Number of Businesses (2020-2030)

Name: Natural Gas Liquid Processing in the US
Creator: IBISWorld
License: https://www.ibisworld.com/about/termsofuse/

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There are xx businesses in the Natural Gas Liquid Processing industry in the US, which is expected to grow at xx% over the next five years. This industry separates out natural gas liquids (NGLs) from natural gas. Natural gas arrives at processing facilities in a gaseous state, and processors clean the natural gas and extract liquid hydrocarbons including ethane, propane, butane, isobutane and natural gasoline. These liquids have various uses including home heating fuel, inputs in plastic products and heating or blowing fuel in industrial production. The production of NGLs from oil refining is not included in this industry.

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Number of Businesses

Total value (#) and annual change from 2012 – 2030.

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Revenue

$XX

2020-2025 XX%

2025-2030 XX%

Employees

XX

2020-2025 XX%

2025-2030 XX%

Businesses

XX

2020-2025 XX%

2025-2030 XX%

Profit

$XX

2020-2025 XX%

Profit Margin

XX%

2020-2025 XX%

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Industries related to this market

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Industry	Sector	Last 5-yr CAGR	Forecast 5-year CAGR	Revenue
Oil Drilling & Gas Extraction in the US	Specialist Engineering, Infrastructure and Contractors	XX%	XX%	$XX
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Coal & Natural Gas Power in the US	Specialist Engineering, Infrastructure and Contractors	XX%	XX%	$XX
Global Oil & Gas Exploration & Production	Specialist Engineering, Infrastructure and Contractors in Global	XX%	XX%	$XX
Oil Drilling & Gas Extraction in Canada	Specialist Engineering, Infrastructure and Contractors in Canada	XX%	XX%	$XX
Oil and Gas Extraction in Australia	Specialist Engineering, Infrastructure and Contractors in Australia	XX%	XX%	$XX
Oil and Gas Extraction in New Zealand	Specialist Engineering, Infrastructure and Contractors in New Zealand	XX%	XX%	$XX
Crude Petroleum & Natural Gas Extraction in the UK	Specialist Engineering, Infrastructure and Contractors in the UK	XX%	XX%	$XX
Oil & Gas Drilling in China	Specialist Engineering, Infrastructure and Contractors in China	XX%	XX%	$XX

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Frequently Asked Questions

How many businesses are there in the Natural Gas Liquid Processing in the US in 2025?

There is 157 Natural Gas Liquid Processing in the US businesses as of 2025, an increase of 1.9% from 2024.

Has the number of Natural Gas Liquid Processing in the US businesses grown or declined over the past 5 years?

The number of Natural Gas Liquid Processing in the US businesses has grown 2.3% per year on average over the five years between 2020 and 2025.

What is forecast business growth of Natural Gas Liquid Processing in the US over the next 5 years?

See our full analysis of the Natural Gas Liquid Processing in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

What companies have the highest market share in the Natural Gas Liquid Processing in the US?

The Natural Gas Liquid Processing in the US has low market share concentration and the largest business is Targa Resources Corp..

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