Global LNG Liquefaction Equipment Market Growth 2025-2031
The global LNG Liquefaction Equipment market size is predicted to grow from US$ 814 million in 2025 to US$ 1089 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.
LNG Liquefaction Equipment consists of a natural gas pretreatment process, a liquefaction process, a storage system, a control system, and a fire protection system. The liquefaction process is its most important component
Middle East&Africa is the largest LNG Liquefaction Equipment market with about 29% market share. Americas is follower, accounting for about 26% market share.The key manufacturers are Air Products and Chemicals, Linde Group, ConocoPhillips Company, Atlas Copco, Ingersoll Rand, General Electric, Kobelco Compressors, Chart Energy and Chemicals, Elliott, MITSUI E&S, MCO, IHI Corporation etc. Top 3 companies occupied about 30% market share.
LP Information, Inc. (LPI) ' newest research report, the “LNG Liquefaction Equipment Industry Forecast” looks at past sales and reviews total world LNG Liquefaction Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected LNG Liquefaction Equipment sales for 2025 through 2031. With LNG Liquefaction Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LNG Liquefaction Equipment industry.
This Insight Report provides a comprehensive analysis of the global LNG Liquefaction Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LNG Liquefaction Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LNG Liquefaction Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LNG Liquefaction Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LNG Liquefaction Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of LNG Liquefaction Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Heat Exchanger
Compressor
LNG Pump
Others
Segmentation by Application:
Small LNG Plants (Below 0.25 MTPA)
Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
Large LNG Plants (Above 2.0 MTPA)
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Air Products and Chemicals
Linde Group
ConocoPhillips Company
Atlas Copco
Ingersoll Rand
General Electric
Kobelco Compressors
Chart Energy and Chemicals
Elliott
MITSUI E&S
MCO
IHI Corporation
Mitsubishi Heavy Industries (MHI)
NEUMAN & ESSER
Cryostar
Nikkiso
Fives Group
Sichuan Air Separation Equipment (Group)
Liaoning CIMC Harbin Cryogenic Gas Liquefaction Equipment
Suzhou Oxygen Plant
Shaanxi Blower (Group)
Chengdu Shenleng Liquefaction Plant
Hangzhou Zhongtai Cryogenic Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global LNG Liquefaction Equipment market?
What factors are driving LNG Liquefaction Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LNG Liquefaction Equipment market opportunities vary by end market size?
How does LNG Liquefaction Equipment break out by Type, by Application?