LNG Storage Tank Market Size, Share & Trends Analysis Report By Type (Self-Supporting, Non-Self Supporting), By Material (Steel, 9% Nickel Steel, Aluminum Alloy), By Region, And Segment Forecasts, 2024 - 2030
LNG Storage Tank Market Size & Trends
The global LNG storage tank market was estimated at USD 16.11 billion in 2023 and is expected to grow at a CAGR of 7.3% from 2024 to 2030. The increasing global demand for liquefied natural gas (LNG) as a cleaner energy source, particularly in power generation, transportation, and industrial applications, is a major driver. Expanding LNG production capacity, investments in liquefaction and regasification facilities, and growing LNG trade volumes are propelling the need for more storage infrastructure. Supportive government policies and regulations promoting the adoption of LNG to reduce carbon emissions are also propelling market growth.
Technological advancements in LNG storage tank design, materials, and construction techniques that enhance safety, efficiency, and reliability are further driving investments in new storage capacity. The rising focus on energy security and diversification of energy sources is another key factor underpinning the increasing demand for LNG storage tanks globally.
Global LNG Storage Tank Market Report Segmentation
This report forecasts revenue growth and provides an analysis on the latest trends in each of the sub-segments from 2018 to 2030. For this report, Grand View Research has segmented the global LNG storage tank market based on type, material, and region:
- Type Outlook (Revenue, USD Million; 2018 - 2030)
- Self-Supporting
- Non-Self Supporting
- Material Outlook (Revenue, USD Million; 2018 - 2030)
- Steel
- 9% Nickel Steel
- Aluminum Alloy
- Others
- Regional Outlook (Revenue, USD Million; 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Russia
- Norway
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Kuwait
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Textile Coatings Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Paints & Coatings Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter’s Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
- Chapter 4. Textile Coatings Market: Polymer Type Estimates & Trend Analysis
- 4.1. Polymer Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Textile Coatings Market Estimates & Forecast, By Polymer Type, 2018 to 2030 (Kilo Tons) (USD Million)
- 4.3. Thermoplastics
- 4.3.1. Textile Coatings Thermoplastics Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. Thermosets
- 4.4.1. Textile Coatings Thermosets Market Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.5. Other Polymer Types
- 4.5.1. Other Textile Coatings Polymer Types Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- Chapter 5. Textile Coatings Market: End Use Estimates & Trend Analysis
- 5.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 5.2. Textile Coatings Market Estimates & Forecast, By End Use, 2018 to 2030 (Kilo Tons) (USD Million)
- 5.3. Transportation
- 5.3.1. Textile Coatings Market Estimates and Forecasts in Transportation, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Building & Construction
- 5.4.1. Textile Coatings Market Estimates and Forecasts in Building & Construction, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Protective Clothing
- 5.5.1. Textile Coatings Market Estimates and Forecasts in Protective Clothing, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Industrial
- 5.6.1. Textile Coatings Market Estimates and Forecasts in Industrial Uses, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.7. Medical
- 5.7.1. Textile Coatings Market Estimates and Forecasts in Medical Uses, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.8. Other End Uses
- 5.8.1. Textile Coatings Market Estimates and Forecasts in Other End Uses, 2018 - 2030 (Kilo Tons) (USD Million)
- Chapter 6. Textile Coatings Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key Country Dynamics
- 6.2.3.2. Canada Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key Country Dynamics
- 6.2.4.2. Mexico Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3. Europe
- 6.3.1. Europe Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key Country Dynamics
- 6.3.2.2. Germany Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key Country Dynamics
- 6.3.3.2. UK Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.4. France
- 6.3.4.1. Key Country Dynamics
- 6.3.4.2. France Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Key Country Dynamics
- 6.3.5.2. Italy Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Key Country Dynamics
- 6.3.6.2. Spain Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.2. China
- 6.4.2.1. Key Country Dynamics
- 6.4.2.2. China Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key Country Dynamics
- 6.4.3.2. Japan Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.4. India
- 6.4.4.1. Key Country Dynamics
- 6.4.4.2. India Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. Key Country Dynamics
- 6.4.5.2. South Korea Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key Country Dynamics
- 6.5.2.2. Brazil Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Key Country Dynamics
- 6.5.3.2. Argentina Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middle East & Africa Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key Country Dynamics
- 6.6.2.2. Saudi Arabia Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6.3. South Africa
- 6.6.3.1. Key Country Dynamics
- 6.6.3.2. South Africa Textile Coatings Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- Chapter 7. Textile Coatings Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share/Position Analysis, 2023
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research And Development
- 7.6. Company Profiles
- 7.6.1. Arkema
- 7.6.1.1. Participant’s overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Product benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. Clariant
- 7.6.2.1. Participant’s overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Product benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. Covestro AG
- 7.6.3.1. Participant’s overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Product benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. Huntsman International LLC
- 7.6.4.1. Participant’s overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Product benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. Solvay
- 7.6.5.1. Participant’s overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Product benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. OMNOVA North America Inc.
- 7.6.6.1. Participant’s overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Product benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. The Lubrizol Corporation
- 7.6.7.1. Participant’s overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Product benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. Sumitomo Chemical Co. Ltd.
- 7.6.8.1. Participant’s overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Product benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. Tanatex Chemicals B.V.
- 7.6.9.1. Participant’s overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Product benchmarking
- 7.6.9.4. Recent developments
- 7.6.10. Formulated Polymer Products Ltd.
- 7.6.10.1. Participant’s overview
- 7.6.10.2. Financial performance
- 7.6.10.3. Product benchmarking
- 7.6.10.4. Recent developments
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