Global Liquefied Natural Gas LNG
Market Report
2024
Liquefied Natural Gas market is expected to reach at USD 205.66 Billion in 2029; growing at 8.2% CAGR from 2023 to 2029.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Liquefied Natural Gas market is expected to reach at USD 205.66 Billion in 2029; growing at 8.2% CAGR from 2023 to 2029.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Liquefied Natural Gas LNG Market Sales Revenue 2029 | $ 205.66 Billion |
Global Liquefied Natural Gas LNG Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.2% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Liquefied Natural Gas LNG Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
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. Due to which natural gas can now be transported to locations where pipes cannot go. It its compact liquid form, natural gas can be shipped in special tankers to terminals around the world. At these terminals, the LNG is returned to its gaseous state and transported by pipeline to distribution companies, industrial consumers, and power plants.
The use of natural gas for fuel stoves, water heaters, clothes dryers and other household appliances is one of the key factors driving the demand of liquefied natural gas. Hospitals, schools, office buildings, restaurants, stores and other commercial end-users depend on natural gas for space-heating, water-heating, cooking, air conditioning, dehumidification and on-site power generation. Rapidly growing population coupled with increasing need of energy and power expected to drive the growth of the market. Moreover, natural gas is a dominant fuel for the many industrial products including paper, metal, chemicals, petroleum, stone, clay, glass etc., which accelerate the overall liquefied natural gas (LNG) market.
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February 11, 2023
Freeport LNG sought permission from federal regulators to restart commercial operations at its long-idled liquefied natural gas (LNG) export plant in Texas,
October 10, 2022
Chief minister of Tamil Nadu (India), has inaugurated state's first liquefied, compressed natural gas (LCNG) station set up by AG & P Pratham near Manthangal village in Ranipet district.
September 2, 2022
Blue Energy Motors has unveiled India’s first LNG-fuelled green truck by launching a manufacturing plant at Chakan, Pune.
July 12, 2021
The Union Minister for Road Transport and Highways of India, has inaugurated India’s first private Liquefied Natural Gas (LNG) facility plant at Nagpur in Maharashtra.
April 11, 2022
TotalEnergies has signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd. and Japan LNG Investment – a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) – for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, U.S.
December 7, 2022
The United States and Britain has announced an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain and collaborating on ways to increase energy efficiency.
Top Companies Market Share in Liquefied Natural Gas LNG Industry: (In no particular order of Rank)
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Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America region is further bifurcated into U.S., Canada, Mexico. The Europe region is further characterized into U.K., France, Germany, and Rest of Europe. Asia Pacific is further divided into China, Japan, India, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, and Rest of Latin America. Middle East & Africa region covers the UAE, South Africa, and Rest of MEA. Asia Pacific holds major share and expected to be the fastest growing region of the global liquefied natural gas market due to the presence of Japan and China in the region
The current report Scope analyzes Liquefied Natural Gas LNG Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Liquefied Natural Gas LNG Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Liquefied Natural Gas LNG Industry growth. Liquefied Natural Gas LNG market has been segmented with the help of its Type, Application , and others. Liquefied Natural Gas LNG market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Liquefied Natural Gas LNG analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Liquefied Natural Gas LNG Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Liquefied Natural Gas LNG Market.
Some of the key Application of Liquefied Natural Gas LNG are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Liquefied Natural Gas LNG market report 2024 Edition by contacting our team.
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I am a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis, I thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making. My analytical mindset, coupled with effective communication skills, allows me to bridge the gap between data analysis and practical business applications.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Liquefied Natural Gas LNG Market is witnessing significant growth in the near future.
In 2023, the APCI Liquefaction Technology segment accounted for noticeable share of global Liquefied Natural Gas LNG Market and is projected to experience significant growth in the near future.
The Transportation Fuel segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Cheniere Energy , QatarEnergy and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | APCI Liquefaction Technology, Cascade Liquefaction Technology, Other Liquefaction Technology |
Application | Transportation Fuel, Power Generation, Mining & Industrial |
List of Competitors | Cheniere Energy, ConocoPhillips Company, QatarEnergy, Woodside Petroleum, Sinopec Corp, BP p.l.c., TotalEnergies, Shell PLC, ExxonMobil, Chevron Corporation, Others |
This chapter will help you gain GLOBAL Market Analysis of Liquefied Natural Gas LNG. Further deep in this chapter, you will be able to review Global Liquefied Natural Gas LNG Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Liquefied Natural Gas LNG Market Trends North America Liquefied Natural Gas LNG Technological Road Map North America Liquefied Natural Gas LNG Market Drivers North America Liquefied Natural Gas LNG Market Restraints North America Liquefied Natural Gas LNG Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Liquefied Natural Gas LNG market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why APCI Liquefaction Technology have a significant impact on Liquefied Natural Gas LNG market? |
What are the key factors affecting the APCI Liquefaction Technology and Cascade Liquefaction Technology of Liquefied Natural Gas LNG Market? |
What is the CAGR/Growth Rate of Transportation Fuel during the forecast period? |
By type, which segment accounted for largest share of the global Liquefied Natural Gas LNG Market? |
Which region is expected to dominate the global Liquefied Natural Gas LNG Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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