Global Liquefied natural gas Market Report 2024

Liquefied natural gas Global Market Report 2025 – By Type (APCI Liquefaction Technology, Cascade Liquefaction Technology, Other Liquefaction Technology), By Application (Power Generation, Transportation Fuel, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

Liquefied natural gas Global Market Report 2025

Report Price : $4490.00 | Pages : | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

Need assistance or more information before the purchase?

Enquire Before Buying
Liquefied natural gas Global Market Report 2025

Proud Members Of

checkslacipN checkaoirsN checkscipN

Liquefied natural gas Market Definition

Liquefied Natural Gas (LNG) refers to natural gas that has been cooled to a liquid state at approximately-162°C (-260°F) for ease of storage and transport. It is used to transport natural gas over long distances where pipelines are not feasible, and as a cleaner alternative to other fossil fuels in power generation and heating. LNG can also be utilized as a fuel for vehicles, particularly in heavy-duty and maritime applications.

The main liquefied natural gas types are APCI liquefaction technology, cascade liquefaction technology, and others. APCI liquefaction technology refers to multistage propane (C3) precooling system that involves liquefaction employing a nitrogen, methane, ethane, and propane MR system. The various applications are power generation, transportation fuel, and others.

Liquefied natural gas Market Segmentation

The liquefied natural gas market covered in this report is segmented –

1) By Type: APCI Liquefaction Technology, Cascade Liquefaction Technology, Other Liquefaction Technology

2) By Application: Power Generation, Transportation Fuel, Other Applications

Subsegments:

1) By APCI Liquefaction Technology: APCI Process (Single Mixed Refrigerant), APCI Process (Dual Mixed Refrigerant)

2) By Cascade Liquefaction Technology: Cascade Process (Conventional), Cascade Process (Modified)

3) By Other Liquefaction Technology: Optimized Cascade, Mixed Refrigerant Process, Cryogenic Process, Other Emerging Technologies

Liquefied natural gas Global Market Report 2025 Market Size and growth rate 2025 to 2029: Graph

Liquefied natural gas Market Size 2025 And Growth Rate

The liquefied natural gas market size has grown strongly in recent years. It will grow from $143.35 billion in 2024 to $155.85 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to global energy demand, geopolitical factors, environmental regulations, infrastructure development, price dynamics.

Liquefied natural gas Market Growth Forecast

The liquefied natural gas market size is expected to see strong growth in the next few years. It will grow to $205.95 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to policy and regulatory landscape, infrastructure expansion, price competitiveness, evolving environmental considerations, geopolitical developments. Major trends in the forecast period include increasing demand for cleaner energy, technological advancements, decarbonization initiatives, green hydrogen integration.

Liquefied natural gas Market Driver: Unveiling The Dynamics As Surging Demand Propels Liquefied Natural Gas Market Growth

The rising demand for liquefied natural gas is projected to expand the growth of the liquefied natural gas market going forward. Liquefied natural gas is produced by purifying natural gas and transforming it to-260°F. It is natural gas that has gone through cooling to become liquid. The rising demand for growing motor petrol use, and increasing big semi-urban and rural population will boost the demand for liquefied natural gas market growth. For instance, in July 2022, according to Energy Information Administration, a US-based government agency, during 2021, an average of 49.0 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally. Therefore, the rising demand for liquefied natural gas is driving the growth of the liquefied natural gas market going forward.

Liquefied natural gas Market Driver: Higher Energy Efficiency Propelling Growth In The Liquefied Natural Gas Market

The increasing demand for higher energy efficiency is expected to propel the growth of the liquefied natural gas market going forward. Energy efficiency refers to the effective utilization of energy resources to achieve a desired output or result with minimal waste or loss of energy. Improved energy efficiency typically leads to a low carbon footprint, reduced greenhouse gas emissions, resource conservation, long-term sustainability, and reduced operational costs in the liquefied natural gas market. For instance, in December 2022, according to Eurostat, an EU-based statistical office, the European Union planned to increase energy efficiency, setting goals of at least 32.5% by 2030. Therefore, the increasing demand for higher energy efficiency is driving the growth of the liquefied natural gas market.

Global Liquefied natural gas Market Major Players

Major companies operating in the liquefied natural gas market include BP plc, Chevron Corporation, Eni SpA, Exxon Mobil Corporation, TotalEnergies SE, Cheniere Energy Inc., ConocoPhillips Company, Sempra Energy, Woodside Energy Group Ltd., Gazprom Energy, PetroChina Company Limited, Shell plc, Equinor ASA, China Petrochemical Corporation, INPEX Corporation, GAIL India Limited, Indian Oil Corporation Limited, China National Petroleum Corporation, Petronet LNG Ltd., PJSC Gazprom, QatarEnergy, Freeport LNG Development L.P., Kinder Morgan Inc., Tellurian Inc., Venture Global LNG Inc., Apache Corporation, BP Trinidad and Tobago LLC, CNOOC Limited, Devon Energy Corporation, Hess Corporation, JERA Co. Inc., Occidental Petroleum Corporation, Origin Energy Limited, Santos Limited, Woodfibre LNG Limited

Global Liquefied natural gas Market Trend: Technological Advancements Reshaping The Liquefied Natural Gas Market

Technological advancements are a key trend gaining popularity in the liquefied natural gas market. Companies operating in the liquefied Natural gas market are adopting new technologies to sustain their position in the market. For instance, in February 2023, New Fortress Energy Inc., a US-based energy infrastructure company, adopted Honeywell UOP technology to eliminate contaminants from natural gas. Honeywell UOP is the provider of gas processing technology. Its pollutant removal and hydrocarbon management technologies are employed in the production of about 40% of the world's liquefied natural gas.

Global Liquefied natural gas Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the liquefied natural gas market are focusing on development of innovative products such as SnapLNG to drive revenues in their market. SnapLNG is a new modular and standardized solution for low-carbon and faster time-to-market LNG production. For instance, in September 2023, Technip Energies N.V. a Netherlands-based company that specializes in engineering and technology for the energy industry launched SnapLNG. This pre-engineered and standardized system offers a complete LNG liquefaction plant with streamlined project execution for the decarbonized production of LNG. SnapLNG's innovative design provides previously unheard-of levels of assurance regarding cost execution, supply schedule, plant dependability, and availability. This electrically powered 2.5 Mtpa LNG train solution is made up of repeatable modules that are prepared for delivery and installation.

Liquefied natural gas Market Merger And Acquisition: Woodside Energy Acquires Tellurian Inc. to Strengthen U.S. LNG Market Position

In October 2024, Woodside Energy, an Australia-based energy company that supplies energy for homes, industry, and cooling, acquired Tellurian Inc. for an $1.2 billion amount. With this acquisition, Woodside Energy aims to enhance its position in the U.S. liquefied natural gas (LNG) market and expand its global operations. Tellurian Inc. is a US-based natural gas company that develops low-cost liquefied natural gas (LNG) projects.

Regional Analysis For The Global Liquefied natural gas Market

Asia-Pacific was the largest region in the liquefied natural gas market in 2024. The regions covered in the liquefied natural gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the liquefied natural gas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Liquefied natural gas Market?

The liquefied natural gas market consists of sales of propane, butane, and isobutane. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Liquefied natural gas Industry?

The liquefied natural gas market research report is one of a series of new reports from The Business Research Company that provides liquefied natural gas market statistics, including liquefied natural gas industry global market size, regional shares, competitors with a liquefied natural gas market share, detailed liquefied natural gas market segments, market trends and opportunities, and any further data you may need to thrive in the liquefied natural gas industry. This liquefied natural gas market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Liquefied natural gas Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $144.45 billion
Revenue Forecast In 2033 $192.57 billion
Growth Rate CAGR of 7.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: APCI Liquefaction Technology, Cascade Liquefaction Technology, Other Liquefaction Technology
2) By Application: Power Generation, Transportation Fuel, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled BP plc; Chevron Corporation; Eni SpA; Exxon Mobil Corporation; TotalEnergies SE; Cheniere Energy Inc.; ConocoPhillips Company; Sempra Energy; Woodside Energy Group Ltd.; Gazprom Energy; PetroChina Company Limited; Shell plc; Equinor ASA; China Petrochemical Corporation; INPEX Corporation; GAIL India Limited; Indian Oil Corporation Limited; China National Petroleum Corporation; Petronet LNG Ltd.; PJSC Gazprom; QatarEnergy; Dominion Energy Inc.; Freeport LNG Development L.P.; Kinder Morgan Inc.; Tellurian Inc.; Venture Global LNG Inc.; Anadarko Petroleum Corporation; Apache Corporation; BG Group; BHP Group Ltd.; BP Trinidad and Tobago LLC; CNOOC Limited; Devon Energy Corporation; Hess Corporation; JERA Co. Inc.; Occidental Petroleum Corporation; Origin Energy Limited; Santos Limited; Woodfibre LNG Limited
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Liquefied Natural Gas Market Characteristics

    3. Liquefied Natural Gas Market Trends And Strategies

    4. Liquefied Natural Gas Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Liquefied Natural Gas Growth Analysis And Strategic Analysis Framework

    5.1. Global Liquefied Natural Gas PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Liquefied Natural Gas Market Growth Rate Analysis

    5.4. Global Liquefied Natural Gas Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Liquefied Natural Gas Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Liquefied Natural Gas Total Addressable Market (TAM)

    6. Liquefied Natural Gas Market Segmentation

    6.1. Global Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    APCI Liquefaction Technology

    Cascade Liquefaction Technology

    Other Liquefaction Technology

    6.2. Global Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Power Generation

    Transporation Fuel

    Other Applications

    6.3. Global Liquefied Natural Gas Market, Sub-Segmentation Of APCI Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    APCI Process (Single Mixed Refrigerant)

    APCI Process (Dual Mixed Refrigerant)

    6.4. Global Liquefied Natural Gas Market, Sub-Segmentation Of Cascade Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Cascade Process (Conventional)

    Cascade Process (Modified)

    6.5. Global Liquefied Natural Gas Market, Sub-Segmentation Of Other Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Optimized Cascade

    Mixed Refrigerant Process

    Cryogenic Process

    Other Emerging Technologies

    7. Liquefied Natural Gas Market Regional And Country Analysis

    7.1. Global Liquefied Natural Gas Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Liquefied Natural Gas Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Liquefied Natural Gas Market

    8.1. Asia-Pacific Liquefied Natural Gas Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Liquefied Natural Gas Market

    9.1. China Liquefied Natural Gas Market Overview

    9.2. China Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Liquefied Natural Gas Market

    10.1. India Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Liquefied Natural Gas Market

    11.1. Japan Liquefied Natural Gas Market Overview

    11.2. Japan Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Liquefied Natural Gas Market

    12.1. Australia Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Liquefied Natural Gas Market

    13.1. Indonesia Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Liquefied Natural Gas Market

    14.1. South Korea Liquefied Natural Gas Market Overview

    14.2. South Korea Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Liquefied Natural Gas Market

    15.1. Western Europe Liquefied Natural Gas Market Overview

    15.2. Western Europe Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Liquefied Natural Gas Market

    16.1. UK Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Liquefied Natural Gas Market

    17.1. Germany Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Liquefied Natural Gas Market

    18.1. France Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Liquefied Natural Gas Market

    19.1. Italy Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Liquefied Natural Gas Market

    20.1. Spain Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Liquefied Natural Gas Market

    21.1. Eastern Europe Liquefied Natural Gas Market Overview

    21.2. Eastern Europe Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Liquefied Natural Gas Market

    22.1. Russia Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Liquefied Natural Gas Market

    23.1. North America Liquefied Natural Gas Market Overview

    23.2. North America Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Liquefied Natural Gas Market

    24.1. USA Liquefied Natural Gas Market Overview

    24.2. USA Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Liquefied Natural Gas Market

    25.1. Canada Liquefied Natural Gas Market Overview

    25.2. Canada Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Liquefied Natural Gas Market

    26.1. South America Liquefied Natural Gas Market Overview

    26.2. South America Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Liquefied Natural Gas Market

    27.1. Brazil Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Liquefied Natural Gas Market

    28.1. Middle East Liquefied Natural Gas Market Overview

    28.2. Middle East Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Liquefied Natural Gas Market

    29.1. Africa Liquefied Natural Gas Market Overview

    29.2. Africa Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Liquefied Natural Gas Market Competitive Landscape And Company Profiles

    30.1. Liquefied Natural Gas Market Competitive Landscape

    30.2. Liquefied Natural Gas Market Company Profiles

    30.2.1. BP plc Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Chevron Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Eni SpA Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Exxon Mobil Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. TotalEnergies SE Overview, Products and Services, Strategy and Financial Analysis

    31. Liquefied Natural Gas Market Other Major And Innovative Companies

    31.1. Cheniere Energy Inc.

    31.2. ConocoPhillips Company

    31.3. Sempra Energy

    31.4. Woodside Energy Group Ltd.

    31.5. Gazprom Energy

    31.6. PetroChina Company Limited

    31.7. Shell plc

    31.8. Equinor ASA

    31.9. China Petrochemical Corporation

    31.10. INPEX Corporation

    31.11. GAIL India Limited

    31.12. Indian Oil Corporation Limited

    31.13. China National Petroleum Corporation

    31.14. Petronet LNG Ltd.

    31.15. PJSC Gazprom

    32. Global Liquefied Natural Gas Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Liquefied Natural Gas Market

    34. Recent Developments In The Liquefied Natural Gas Market

    35. Liquefied Natural Gas Market High Potential Countries, Segments and Strategies

    35.1 Liquefied Natural Gas Market In 2029 - Countries Offering Most New Opportunities

    35.2 Liquefied Natural Gas Market In 2029 - Segments Offering Most New Opportunities

    35.3 Liquefied Natural Gas Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Liquefied Natural Gas Market, Sub-Segmentation Of APCI Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Liquefied Natural Gas Market, Sub-Segmentation Of Cascade Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Liquefied Natural Gas Market, Sub-Segmentation Of Other Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Liquefied Natural Gas Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Liquefied Natural Gas Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Asia-Pacific, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: China, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: China, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: India, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: India, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Japan, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Japan, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: Australia, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Australia, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Indonesia, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Indonesia, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: South Korea, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: South Korea, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Western Europe, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Western Europe, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: UK, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: UK, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Germany, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Germany, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: France, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: France, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Italy, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Italy, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Spain, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Spain, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Eastern Europe, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Eastern Europe, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Russia, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Russia, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: North America, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: North America, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: USA, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: USA, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Canada, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Canada, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: South America, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: South America, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Brazil, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Brazil, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Middle East, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Middle East, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Africa, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Africa, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: BP plc Financial Performance
  • Table 55: Chevron Corporation Financial Performance
  • Table 56: Eni SpA Financial Performance
  • Table 57: Exxon Mobil Corporation Financial Performance
  • Table 58: TotalEnergies SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Liquefied Natural Gas Market, Sub-Segmentation Of APCI Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Liquefied Natural Gas Market, Sub-Segmentation Of Cascade Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Liquefied Natural Gas Market, Sub-Segmentation Of Other Liquefaction Technology, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Liquefied Natural Gas Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Liquefied Natural Gas Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Asia-Pacific, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: China, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: China, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: India, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: India, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Japan, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Japan, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: Australia, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Australia, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Indonesia, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Indonesia, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: South Korea, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: South Korea, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Western Europe, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Western Europe, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: UK, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: UK, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Germany, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Germany, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: France, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: France, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Italy, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Italy, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Spain, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Spain, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Eastern Europe, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Eastern Europe, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Russia, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Russia, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: North America, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: North America, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: USA, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: USA, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Canada, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Canada, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: South America, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: South America, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Brazil, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Brazil, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Middle East, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Middle East, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Africa, Liquefied Natural Gas Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Africa, Liquefied Natural Gas Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: BP plc Financial Performance
  • Figure 55: Chevron Corporation Financial Performance
  • Figure 56: Eni SpA Financial Performance
  • Figure 57: Exxon Mobil Corporation Financial Performance
  • Figure 58: TotalEnergies SE Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report
View Report

Frequently Asked Questions

What is the definition of the liquefied natural gas market?

Liquefied natural gas refers to a fuel gas that is produced by purifying natural gas and transforming it to -260°F. It is natural gas that has gone through cooling to become liquid. For further insights on the liquefied natural gas market, request a sample here

How will the liquefied natural gas market drivers and restraints affect the liquefied natural gas market dynamics? What forces will shape the liquefied natural gas industry going forward?

The liquefied natural gas market major growth driver - unveiling the dynamics as surging demand propels liquefied natural gas market growth. For further insights on the liquefied natural gas market, request a sample here

What is the forecast market size or the forecast market value of the liquefied natural gas market ?

The liquefied natural gas market size has grown strongly in recent years. It will grow from $132.78 billion in 2023 to $144.45 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to global energy demand, geopolitical factors, environmental regulations, infrastructure development, price dynamics. The liquefied natural gas market size is expected to see strong growth in the next few years. It will grow to $192.57 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to policy and regulatory landscape, infrastructure expansion, price competitiveness, evolving environmental considerations, geopolitical developments. Major trends in the forecast period include . For further insights on the liquefied natural gas market, request a sample here

How is the liquefied natural gas market segmented?

The liquefied natural gas market is segmented
1) By Type: APCI Liquefaction Technology, Cascade Liquefaction Technology, Other Liquefaction Technology
2) By Application: Power Generation, Transporation Fuel, Other ApplicationsFor further insights on the liquefied natural gas market,
request a sample here

Which region has the largest share of the liquefied natural gas market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the liquefied natural gas market in 2023. The regions covered in the liquefied natural gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the liquefied natural gas market, request a sample here.

Who are the major players in the liquefied natural gas market?

Major companies operating in the liquefied natural gas market report are BP plc, Chevron Corporation, Eni SpA, Exxon Mobil Corporation, TotalEnergies SE, Cheniere Energy Inc., ConocoPhillips Company, Sempra Energy, Woodside Energy Group Ltd., Gazprom Energy, PetroChina Company Limited, Shell plc, Equinor ASA, China Petrochemical Corporation, INPEX Corporation, GAIL India Limited, Indian Oil Corporation Limited, China National Petroleum Corporation, Petronet LNG Ltd., PJSC Gazprom, QatarEnergy, Dominion Energy Inc., Freeport LNG Development L.P., Kinder Morgan Inc., Tellurian Inc., Venture Global LNG Inc., Anadarko Petroleum Corporation, Apache Corporation, BG Group, BHP Group Ltd., BP Trinidad and Tobago LLC, CNOOC Limited, Devon Energy Corporation, Hess Corporation, JERA Co. Inc., Occidental Petroleum Corporation, Origin Energy Limited, Santos Limited, Woodfibre LNG Limited . For further insights on the liquefied natural gas market, request a sample here.

What are the key trends in the liquefied natural gas market?

Major trend in the liquefied natural gas market - technological advancements reshaping the liquefied natural gas market. For further insights on the liquefied natural gas market, request a sample here.

What are the major opportunities in the liquefied natural gas market? What are the strategies for the liquefied natural gas market?

For detailed insights on the major opportunities and strategies in the liquefied natural gas market, request a sample here.

How does the liquefied natural gas market relate to the overall economy and other similar markets?

For detailed insights on liquefied natural gas market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the liquefied natural gas industry?

For detailed insights on the mergers and acquisitions in the liquefied natural gas industry, request a sample here.

What are the key dynamics influencing the liquefied natural gas market growth? SWOT analysis of the liquefied natural gas market.

For detailed insights on the key dynamics influencing the liquefied natural gas market growth and SWOT analysis of the liquefied natural gas industry, request a sample here.