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Liquefied natural gas Global Market Report 2025
Global Liquefied natural gas Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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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) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Liquefied natural gas Market Overview

• Liquefied natural gas market size has reached to $143.35 billion in 2024

• Expected to grow to $202.28 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%

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

• Market Trend: Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Asia-Pacific was the largest region in 2024.

What Is Covered Under Liquefied natural gas Market?

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

What Is The 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 $153.65 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to global energy demand, geopolitical factors, environmental regulations, infrastructure development, price dynamics.

What Is The 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 $202.28 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. 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.

The forecast of 7.1% growth over the next five years indicates a slight reduction of 0.1% from the previous projection.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through restricted access to cryogenic storage tank insulation materials from France and heat exchanger components from Italy, potentially delaying liquefied natural gas (LNG) export terminal expansions.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Oil and Gas Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly affecting the oil and gas sector, particularly in exploration equipment, pipeline infrastructure, and refinery operations. Elevated duties on imported drilling rigs, steel pipes, and specialized machinery have driven up capital costs for both upstream and downstream activities. Midstream operators are burdened by price hikes on valves, compressors, and storage tanks, disrupting ongoing expansion projects. Meanwhile, refiners face rising costs for imported catalysts and control systems essential for processing efficiency. Retaliatory tariffs from key trade partners have also dampened U.S. exports of liquefied natural gas (LNG) and crude oil, weakening market competitiveness. To mitigate these challenges, companies are increasingly investing in domestic manufacturing partnerships, digital asset management, and energy diversification strategies to sustain operations and protect profit margins.

How Is The Liquefied natural gas Market 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

What Is Driving The Liquefied natural gas Market? 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 industry going forward.

What Is Driving The Liquefied natural gas Market? 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 industry.

Who Are The Major Players In The Global Liquefied natural gas Market?

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

What Are The Key Trends Of The Global Liquefied natural gas Market? 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.

What Are The Key Trends Of The Global Liquefied natural gas Market? 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.

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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 this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this 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 market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the liquefied natural gas industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Liquefied natural gas Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $153.65 billion
Revenue Forecast In 2034 $202.28 billion
Growth Rate CAGR of 7.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 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
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 are 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, 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
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, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

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

Frequently Asked Questions

The liquefied natural gas compressor refers to the compressor that is used in the liquefaction of natural gas. Gas pressure is mechanically increased by natural gas compressors in stages (or steps) until it reaches the required delivery threshold. A compressor's number of stages will depend on the initial pressure and the intended finishing pressure. For further insights on this market, request a sample here

The market major growth driver - Surging Shale Gas Production Ignites Growth In The Liquefied Natural Gas Compressor Market. For further insights on this market, request a sample here

The liquefied natural gas compressor market size has grown steadily in recent years. It will grow from $4.25 billion in 2024 to $4.41 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to global LNG demand growth, operational efficiency demands, regulatory and environmental compliance, global market penetration. The liquefied natural gas compressor market size is expected to see strong growth in the next few years. It will grow to $5.44 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to investments in LNG infrastructure, operational efficiency and cost reduction, market expansion in emerging economies, transition to cleaner energy sources, rising LNG demand and trade. Major trends in the forecast period include growing LNG demand and production, expansion of LNG infrastructure, energy transition and cleaner fuels adoption, global market expansion, focus on operational efficiency. For further insights on this market, request a sample here

The liquefied natural gas compressormarket covered in this report is segmented –
1) By Design: Vertically-Split Barrel, Horizontally-Split Barrel, Axial Compressors
2) By Application: Low Pressure Application, Medium Pressure Application
3) By End User: Vehicles, Electrical, Industrial, Residential, Other End Users Subsegments:
1) By Vertically-Split Barrel: Single-Stage Compressors, Multi-Stage Compressors
2) By Horizontally-Split Barrel: Single-Stage Compressors, Multi-Stage Compressors
3) By Axial Compressors: Single-Stage Axial Compressors, Multi-Stage Axial Compressors For further insights on this market,
request a sample here

North America was the largest region in the liquefied natural gas compressor market in 2024. The regions covered in the liquefied natural gas compressor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on this market, request a sample here.

Major companies operating in the liquefied natural gas compressor market include EagleBurgmann, General Electric Company, Siemens AG, Mitsubishi Heavy Industries Ltd., Elliott Group, Kobelco Compressors America Inc., IMW Industries Ltd., Sundyne, IHI Rotating Machinery Engineering Co Ltd., NEUMAN & ESSER GROUP, Atlas Copco AB, Burckhardt Compression AG, MOLGAS ENERGY SAU, Howden Group, Sulzer Ltd., Ariel Corporation, Bauer Compressor Inc., Ingersoll Rand Inc., HYDRAULIC MACHINES & SYSTEMS GROUP PLC. , Clean Energy Fuels Corp, Kobe Steel Ltd., Ebara Corporation, Hitachi Ltd., Gardner Denver Holdings Inc., Sullair LLC, Quincy Compressor LLC, Kaeser Kompressoren SE, Corken Inc., Baker Hughes Company, MAN Energy Solutions SE, Mitsui Seiki Kogyo Co Ltd., Rolls-Royce Holdings plc, Worthington Industries Inc. . For further insights on this market, request a sample here.

Major trends in this market include Innovative Technologies Revolutionize The Liquefied Natural Gas Compressor Market. For further insights on this market, request a sample here.

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