Global Liquefied natural gas Market Report 2024

Liquefied natural gas Global Market Report 2024 – 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 2024-2033

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Liquefied natural gas Global Market Report 2023

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Liquefied Natural Gas Market Definition And Segments

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.

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.

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

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.

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.

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.

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 .

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.

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.

Total Energies' Strategic Move By Acquiring Engie's Upstream LNG Business To Expand Presence In Fast-Growing LNG Market And Enter The US LNG Sector

In March 2021, Total Energies, a French-based multi-energy company that produces and markets energies, acquired Engie’s Upstream LNG Business for $1.5 billion. Through this acquisition, Total Energies strengthen and expands the fast-growing and increasingly commoditized LNG market and build a position in the US LNG market. ENGIE SA is a French-based energy and services group operating low-carbon electricity generation, energy infrastructures, and customer solutions.

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

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.

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.

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.

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 Scope
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 Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; 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
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    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

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Liquefied natural gas Market Size and Growth

    5.1. Global Liquefied natural gas Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Liquefied natural gas Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Liquefied natural gas Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Liquefied natural gas Market Segmentation

    6.1. Global Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    APCI Liquefaction Technology

    Cascade Liquefaction Technology

    Other Liquefaction Technology

    6.2. Global Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Power Generation

    Transporation Fuel

    Other Applications

    7. Liquefied natural gas Market Regional And Country Analysis

    7.1. Global Liquefied natural gas Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Liquefied natural gas Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Liquefied natural gas Market  

    8.1. Asia-Pacific Liquefied natural gas Market Overview  

    Region Information, Impact Of COVID-19, 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Liquefied natural gas Market  

    10.1. India Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Liquefied natural gas Market  

    12.1. Australia Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Liquefied natural gas Market  

    13.1. Indonesia Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Liquefied natural gas Market  

    16.1. UK Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Liquefied natural gas Market  

    17.1. Germany Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Liquefied natural gas Market  

    18.4. France Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.5. France Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Liquefied natural gas Market  

    19.7. Italy Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.8. Italy Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Liquefied natural gas Market  

    20.10. Spain Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.11. Spain Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Liquefied natural gas Market  

    22.1. Russia Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Liquefied natural gas Market  

    27.1. Brazil Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Chevron Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Eni SpA

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Exxon Mobil Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. TotalEnergies SE

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Liquefied natural gas Market Competitive Benchmarking

    32. Global Liquefied natural gas Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Liquefied natural gas Market

    34. Liquefied natural gas Market Future Outlook and Potential Analysis

    34.1 Liquefied natural gas Market In 2028 - Countries Offering Most New Opportunities

    34.2 Liquefied natural gas Market In 2028 - Segments Offering Most New Opportunities

    34.3 Liquefied natural gas Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Liquefied natural gas Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Liquefied natural gas Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: BP plc Financial Performance
  • Table 52: Chevron Corporation Financial Performance
  • Table 53: Eni SpA Financial Performance
  • Table 54: Exxon Mobil Corporation Financial Performance
  • Table 55: TotalEnergies SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Liquefied natural gas Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Liquefied natural gas Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Liquefied natural gas Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Liquefied natural gas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: BP plc Financial Performance
  • Figure 52: Chevron Corporation Financial Performance
  • Figure 53: Eni SpA Financial Performance
  • Figure 54: Exxon Mobil Corporation Financial Performance
  • Figure 55: TotalEnergies SE Financial Performance
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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.