Global Liquid Natural Gas Market Growth 2023-2029

Global Liquid Natural Gas Market Growth 2023-2029

The global Liquid Natural Gas market size is projected to grow from US$ 221220 million in 2022 to US$ 282960 million in 2029; it is expected to grow at a CAGR of 3.6% from 2023 to 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.

LPI (LP Information)' newest research report, the “Liquid Natural Gas Industry Forecast” looks at past sales and reviews total world Liquid Natural Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Natural Gas sales for 2023 through 2029. With Liquid Natural Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Natural Gas industry.

This Insight Report provides a comprehensive analysis of the global Liquid Natural Gas 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 Liquid Natural Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Natural Gas market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Natural Gas 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 Liquid Natural Gas.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Natural Gas market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology

Segmentation by application
Transportation Fuel
Power Generation
Mining & Industrial

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 analyzing the company's coverage, product portfolio, its market penetration.
Cheniere Energy
ConocoPhillips
QatarEnergy
Woodside
BP
TotalEnergies​
Shell
ExxonMobil
Chevron

Key Questions Addressed in this Report

What is the 10-year outlook for the global Liquid Natural Gas market?

What factors are driving Liquid Natural Gas market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Liquid Natural Gas market opportunities vary by end market size?

How does Liquid Natural Gas break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.