In recent years, China has increasingly emphasized the utilization of natural gas due to its near-zero pollution characteristics upon combustion, making it widely favored. Natural gas primarily consists of methane and other hydrocarbon gases, forming an important mixture. Besides using methane as fuel, other gases in natural gas can be separated and recovered through specific technologies for use in the chemical industry. The development of natural gas condensate recovery technology is influenced by various factors, including technical requirements, recovery equipment performance, and process parameter settings. Common recovery methods include condensation, adsorption, membrane separation, and cryogenic distillation, each with its own advantages and disadvantages. Natural gas condensate recovery not only improves resource utilization and provides high-quality raw materials for the chemical industry but also promotes green development. Future technological innovations will continue to optimize the recovery process, reduce energy consumption and emissions, and further enhance the role of natural gas.