Global Liquid Natural Gas Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Liquid Natural Gas market size was valued at USD 232680 million in 2022 and is forecast to a readjusted size of USD 292090 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Liquid Natural Gas include QatarEnergy, Shell, ConocoPhillips, TotalEnergies, etc. The top four players hold a share over 40%. Asia-Pacific is the largest market, has a share about 57%, followed by Europe, and North America, with share 30% and 8%, separately. In terms of product type, APCI Liquefaction Technology is the largest segment, occupied for a share of 75%, and in terms of application, Power Generation has a share about 47%.
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 is a detailed and comprehensive analysis for global Liquid Natural Gas 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 2023, are provided.
Key Features:
Global Liquid Natural Gas market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Liquid Natural Gas market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Liquid Natural Gas market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Liquid Natural Gas market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023
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 Liquid Natural Gas
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 Liquid Natural Gas market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cheniere Energy, ConocoPhillips, QatarEnergy, Woodside and BP, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Liquid Natural Gas market is split by Type and by Application. For the period 2018-2029, 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
QatarEnergy
Woodside
BP
TotalEnergies
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 Liquid Natural Gas product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Liquid Natural Gas, with price, sales, revenue and global market share of Liquid Natural Gas from 2018 to 2023.
Chapter 3, the Liquid Natural Gas competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Liquid Natural Gas breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Liquid Natural Gas market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Liquid Natural Gas.
Chapter 14 and 15, to describe Liquid Natural Gas sales channel, distributors, customers, research findings and conclusion.