Global Liquid Natural Gas Supply, Demand and Key Producers, 2023-2029
The global Liquid Natural Gas market size is expected to reach $ 292090 million by 2029, rising at a market growth of 3.3% CAGR during the forecast period (2023-2029).
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 studies the global Liquid Natural Gas production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Liquid Natural Gas, 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 Liquid Natural Gas that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Liquid Natural Gas total production and demand, 2018-2029, (Tons)
Global Liquid Natural Gas total production value, 2018-2029, (USD Million)
Global Liquid Natural Gas production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Liquid Natural Gas consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Liquid Natural Gas domestic production, consumption, key domestic manufacturers and share
Global Liquid Natural Gas production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Liquid Natural Gas production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Liquid Natural Gas production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)
This reports 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, BP, TotalEnergies, Shell, ExxonMobil and Chevron, 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 Liquid Natural Gas market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, 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 Liquid Natural Gas Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Liquid Natural Gas Market, Segmentation by Type
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology
Global Liquid Natural Gas Market, Segmentation by Application
Transportation Fuel
Power Generation
Mining & Industrial
Companies Profiled:
Cheniere Energy
ConocoPhillips
QatarEnergy
Woodside
BP
TotalEnergies
Shell
ExxonMobil
Chevron
Key Questions Answered
1. How big is the global Liquid Natural Gas market?
2. What is the demand of the global Liquid Natural Gas market?
3. What is the year over year growth of the global Liquid Natural Gas market?
4. What is the production and production value of the global Liquid Natural Gas market?
5. Who are the key producers in the global Liquid Natural Gas market?
6. What are the growth factors driving the market demand?