Global Liquefied Natural Gas (LNG) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Liquefied Natural Gas (LNG) market size was valued at US$ 160830 million in 2023 and is forecast to a readjusted size of USD 234010 million by 2030 with a CAGR of 5.6% during review period.
Global Liquefied Natural Gas (LNG) key players include ConocoPhillips, Qatar Petroleum, Shell, etc. Global top three manufacturers hold a share 大约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.
This report is a detailed and comprehensive analysis for global Liquefied Natural Gas (LNG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Liquefied Natural Gas (LNG) market size and forecasts, in consumption value ($ Million), sales quantity (MTPA), and average selling prices (USD/Tonne), 2019-2030
Global Liquefied Natural Gas (LNG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MTPA), and average selling prices (USD/Tonne), 2019-2030
Global Liquefied Natural Gas (LNG) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MTPA), and average selling prices (USD/Tonne), 2019-2030
Global Liquefied Natural Gas (LNG) market shares of main players, shipments in revenue ($ Million), sales quantity (MTPA), and ASP (USD/Tonne), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Liquefied Natural Gas (LNG)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Liquefied Natural Gas (LNG) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cheniere Energy, ConocoPhillips, Qatar Petroleum, Woodside Petroleum, Sinopec Group, BP, TOTAL, Shell, ExxonMobil, Chevron, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Liquefied Natural Gas (LNG) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology
Market segment by Application
Transportation Fuel
Power Generation
Mining & Industrial
Major players covered
Cheniere Energy
ConocoPhillips
Qatar Petroleum
Woodside Petroleum
Sinopec Group
BP
TOTAL
Shell
ExxonMobil
Chevron
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Liquefied Natural Gas (LNG) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Liquefied Natural Gas (LNG), with price, sales quantity, revenue, and global market share of Liquefied Natural Gas (LNG) from 2019 to 2024.
Chapter 3, the Liquefied Natural Gas (LNG) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Liquefied Natural Gas (LNG) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Liquefied Natural Gas (LNG) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Liquefied Natural Gas (LNG).
Chapter 14 and 15, to describe Liquefied Natural Gas (LNG) sales channel, distributors, customers, research findings and conclusion.