Report overview
Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state, at about -260?Fahrenheit, for shipping and storage. The volume of natural gas in its liquid state is about 600 times smaller than its volume in its gaseous state. This process, which was developed in the 19th century, makes it possible to transport natural gas to places pipelines do not reach and to use natural gas as a transportation fuel.
This report aims to provide a comprehensive presentation of the global market for Liquefied Natural Gas (LNG), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquefied Natural Gas (LNG). This report contains market size and forecasts of Liquefied Natural Gas (LNG) in global, including the following market information:
Global Liquefied Natural Gas (LNG) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Liquefied Natural Gas (LNG) Market Sales, 2018-2023, 2024-2029, (MTPA)
Global top five Liquefied Natural Gas (LNG) companies in 2022 (%)
The global Liquefied Natural Gas (LNG) market was valued at US$ 151460 million in 2022 and is projected to reach US$ 219670 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Liquefied Natural Gas (LNG) key players include ConocoPhillips, Qatar Petroleum, Shell, etc. Global top three manufacturers hold a share ??30%.
Asia-Pacific is the largest market, with a share about 55%, followed by Europe and North America, both have a share over 35 percent.
In terms of product, APCI is the largest segment, with a share over 75%. And in terms of application, the largest application is Power Generation, followed by Mining & Industrial.
We surveyed the Liquefied Natural Gas (LNG) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Liquefied Natural Gas (LNG) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MTPA)
Global Liquefied Natural Gas (LNG) Market Segment Percentages, by Type, 2022 (%)
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology
Global Liquefied Natural Gas (LNG) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MTPA)
Global Liquefied Natural Gas (LNG) Market Segment Percentages, by Application, 2022 (%)
Transportation Fuel
Power Generation
Mining & Industrial
Global Liquefied Natural Gas (LNG) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MTPA)
Global Liquefied Natural Gas (LNG) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Liquefied Natural Gas (LNG) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Liquefied Natural Gas (LNG) revenues share in global market, 2022 (%)
Key companies Liquefied Natural Gas (LNG) sales in global market, 2018-2023 (Estimated), (MTPA)
Key companies Liquefied Natural Gas (LNG) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cheniere Energy
ConocoPhillips
Qatar Petroleum
Woodside Petroleum
Sinopec Group
BP
TOTAL
Shell
ExxonMobil
Chevron
Outline of Major Chapters:
Chapter 1: Introduces the definition of Liquefied Natural Gas (LNG), market overview.
Chapter 2: Global Liquefied Natural Gas (LNG) market size in revenue and volume.
Chapter 3: Detailed analysis of Liquefied Natural Gas (LNG) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Liquefied Natural Gas (LNG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Liquefied Natural Gas (LNG) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
