Global LNG Trade Supply, Demand and Key Producers, 2023-2029
The global LNG Trade market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
The market prospects for LNG trade are exceptionally promising in the coming years. The increasing global demand for cleaner energy sources, coupled with the abundant availability of natural gas reserves, is driving the growth of the LNG trade market. LNG offers numerous advantages, including reduced emissions and enhanced energy security. Developing countries in Asia and the Middle East are expanding their LNG import capabilities, while major exporters such as the United States and Australia are increasing their production capacities. Additionally, the growing adoption of LNG as a fuel for transportation and power generation further boosts the market. However, challenges such as infrastructure development, price volatility, and competition from other energy sources may impact market growth. Overall, the LNG trade market is poised for substantial expansion.
LNG trade refers to the buying and selling of liquefied natural gas (LNG) between countries or regions. LNG is natural gas that has been cooled to a liquid state for ease of storage and transportation. The trade involves the production of LNG from natural gas reserves, transportation of the LNG via specialized carriers such as LNG tankers, and delivery to the receiving terminal at the destination. LNG trade enables countries to access natural gas resources from different regions and diversify their energy sources. It plays a crucial role in meeting global energy demands, providing cleaner fuel options, and promoting economic growth and energy security for importing and exporting nations.
This report studies the global LNG Trade demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for LNG Trade, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of LNG Trade that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global LNG Trade total market, 2018-2029, (USD Million)
Global LNG Trade total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: LNG Trade total market, key domestic companies and share, (USD Million)
Global LNG Trade revenue by player and market share 2018-2023, (USD Million)
Global LNG Trade total market by Type, CAGR, 2018-2029, (USD Million)
Global LNG Trade total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global LNG Trade market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Trafigura, Vitol, Gunvor, Glencore, Shell, Pavilion Energy, ENH Energy Trading, Poten & Partners and Enn Energy Trading, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World LNG Trade market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global LNG Trade Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global LNG Trade Market, Segmentation by Type
LNG Import and Export
LNG Retail
Others
Global LNG Trade Market, Segmentation by Application
Power Generation
Industrial
Automotive
Household
Others
Companies Profiled:
Trafigura
Vitol
Gunvor
Glencore
Shell
Pavilion Energy
ENH Energy Trading
Poten & Partners
Enn Energy Trading
China Gas Hongda Energy Trading
Senton Energy
ZACA
China Energy North Natural Gas Sales
Zhuhai Jinshi Petrochemical
China Zhenhua Oil
Key Questions Answered
1. How big is the global LNG Trade market?
2. What is the demand of the global LNG Trade market?
3. What is the year over year growth of the global LNG Trade market?
4. What is the total value of the global LNG Trade market?
5. Who are the major players in the global LNG Trade market?
6. What are the growth factors driving the market demand?