Liquefied Natural Gas Market - Insights, Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Liquefied Natural Gas Market - Insights, Size, Share, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Liquefied Natural Gas (LNG) is a liquid form of natural gas. The primary purpose for liquefaction of natural gas is to ease its transportation from source to destination. Liquefied natural gas market is projected to witness significant growth over the forecast period, due to increasing demand in power generation and industrial applications. Key drivers such as changing trend towards clean energy sources, increasing demand for liquefied natural gas in transportation, and government initiatives to improve production capacity in collaboration with global manufacturers across every region are expected to fuel growth of the global liquefied natural gas market over the forecast period.
Market Dynamics
The increasing focus on developing gas pipeline infrastructure and favorable government regulations is projected to fuel growth of global liquefied natural gas market over the forecast period. Asia Pacific held highest revenue share in the global liquefied natural gas market in 2021 and is expected to maintain its dominance in the near future. This is mainly due to presence of largest LNG exporter countries in the region such as Australia, Indonesia, and Malaysia. Increasing utilization of advanced biofuels in transportation sector, as it is a clean and readily available alternative source to fossil fuels, is expected to fuel growth of the liquefied natural gas market over the forecast period.
Key features of the study:

This report provides in-depth analysis of liquefied natural gas and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global liquefied natural gas market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Royal Dutch Shell, ExxonMobil, Chevron, Total SA, BP Plc, PetroChina, China Petroleum and Chemical Company, and Conoco Philips
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology upgrade, market expansion, and marketing tactics
The global liquefied natural gas market report caters to various stakeholders in this industry including investors, suppliers, liquefied natural gas manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the liquefied natural gas market

Detailed Segmentation:

Global Liquefied Natural Gas Market, By Application:

Power Generation
Transportation
Mining & Industrial
Others

Global Liquefied Natural Gas Market, By Geography:

North America

U.S.

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Canada

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Europe

U.K.

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Germany

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Italy

By Application:

Power Generation
Transportation
Mining & Industrial
Others

France

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Russia

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Rest of Europe

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Asia Pacific

China

By Application:

Power Generation
Transportation
Mining & Industrial
Others

India

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Japan

By Application:

Power Generation
Transportation
Mining & Industrial
Others

ASEAN

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Australia

By Application:

Power Generation
Transportation
Mining & Industrial
Others

South Korea

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Rest of Asia Pacific

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Latin America

Brazil

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Mexico

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Rest of Latin America

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Middle East

GCC

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Israel

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Africa

North Africa

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Central Africa

By Application:

Power Generation
Transportation
Mining & Industrial
Others

South Africa

By Application:

Power Generation
Transportation
Mining & Industrial
Others

Company Profiles

Royal Dutch Shell*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

ExxonMobil
Chevron
Total SA
BP Plc
PetroChina
CPCC
Conoco Philips

“*” marked represents similar segmentation in other categories in the respective section.