Title: Liquefied Natural Gas (LNG) Market Size, Share, Industry Report, 2030
1Liquefied Natural Gas (LNG) Market Analysis
Plant Capacity, Production, Operating
Efficiency, Technology, Demand Supply, End-
User Industries, Distribution Channel, Regional
Demand, 2015-2030
Liquefied Natural Gas (LNG) Market has witnessed
significant growth as it reached 390 million
tonnes in 2020 and is anticipated to achieve a
healthy global CAGR of 5.00 in the forecast
period until 2030. Read Full Report Here
https//www.chemanalyst.com/industry-report/liquef
ied-natural- gas-lng-market-636 Online
Quarterly Update Liquefied Natural Gas Market
has witnessed a considerable growth as it
reached 390 million tonnes in 2020 and is
projected to achieve a CAGR of 5.00 in the next
ten years until 2030. Liquefied Natural Gas
(LNG) is a cooled-down liquid form of natural
gas. LNG is approximately -162ÂșC in temp. and
widely used for the storage and transportation
purposes. It is usually doorless, colourless,
non-corrosive, and non-toxic in nature. The
liquefaction process of natural gas involves the
removal of certain components including helium,
dust, hydrogen sulphide, carbon dioxide,
benzene, water, heavy hydrocarbons, and other
components that can freeze under the low
temperatures, which is then condensed into liquid
form by cooling it to -260 Fahrenheit.
Developments made in the production processes
cryogenic storage are opening new opportunities
for commercializing natural gas into the market
across the globe. Liquefied Natural Gas find its
applications in heating homes, electric power
plants, manufacturing of chemicals and
fertilizers, and fuel trucks, cruise ships,
cargo vessels, and others. The emergence of
large-scale cryogenic storage made it possible
to create long-term gas storage reserves. These
reserves of Liquefied Gas are the main means for
networks to handle local peak requirements. LNG
is primarily used to store and transport natural
gas from the source to a destination. LNG is
likely to become a mainstream fuel for
transportation needs. It is currently being
evaluated for over-the-road trucking, off-road,
marine, and train applications. Based on the
application, the Liquefied Natural Gas market is
segmented into transportation fuel, power
generation, and others. The transportation fuel
segment dominates the LNG market owing to the
increasing usage of LNG as a fuel in vehicles,
especially in the Asia Pacific
2- region. As China is the major consumer of LNG,
therefore there is high demand for LNG in the
Asia Pacific region. Rising demand for LNG for
power generation purposes as it is piped into
homes, businesses, and industries where it is
burnt for heat or to generate electricity, is
expected the augment the market of LNG around
the world in upcoming years. A number of power
generation projects, especially in emerging
countries like China, India, and others, are
expected to fuel the demand for LNG in the
forecast years. - The Liquefied Natural Gas market was negatively
affected globally due to the outbreak of
COVID-19. Leading authorities in different
countries imposed countrywide lockdowns and
strict regulations, which led to the decline in
demand and sales of Liquefied Natural Gas during
the first of 2020. Power generation facilities
were severely affected due to the coronavirus
pandemic. There was a halt in the transportation
services which resulted in zero shipment of
natural gases during the lockdown. As soon as
the operation resumes, the demand for LNG in
end-use industries is likely to boost the global
market in the future. - Objective of the Study
- To assess the demand-supply scenario of Liquefied
Natural Gas which covers production, demand, and
supply of Liquefied Natural Gas market globally. - To analyse and forecast the market size of
Liquefied Natural Gas. - To classify and forecast Liquefied Natural Gas
market based on application, technology, end-
use and regional distribution. - To identify drivers and challenges for Liquefied
Natural Gas market. - To examine competitive developments such as
expansions, new product launches, mergers
acquisitions, etc., in Liquefied Natural Gas
market. - To identify and analyse the profile of leading
players involved in the manufacturing of
Liquefied Natural Gas.
Regional Outlook Among different regions, the
Asia Pacific region holds the major share in the
Liquefied Natural Gas market across the globe
due to the continuously increasing investments in
LNG infrastructure development and rising
awareness about the benefits of eco-friendly
products across various end-use industries. The
demand for LNG is likely to boost in India due to
the increasing consumption of gas-
3- based facilities along with the robust growth of
the economy, which will fuel the LNG market in
the Asia Pacific region. Demand of LNG is
rapidly increasing in Europe, as Russia is
becoming a dominating player in transporting
fuel to remote locations. - Key Players By Region along with Geography
- Total
- Chevron Corporation
- Exxon Mobil Corporation
- Petronet LNG Limited
- Royal Dutch Shell
- China National Petroleum Corporation
- Petroleum Nasional Berhad (PETRONAS)
- Snam SPA
- PetroChina Company Limited
- Equinor ASA, Gazprom
- China Petroleum Chemical Corporation
- Eni SpA
- ConocoPhillips Company, and Others.
- To extract data for Liquefied Natural Gas market,
primary research surveys were conducted with
Liquefied Natural Gas manufacturers, suppliers,
distributors, wholesalers and end users. While
interviewing, the respondents were also inquired
about their competitors. Through this technique,
ChemAnalyst was able to include manufacturers
that could not be identified due to the
limitations of secondary research. Moreover,
ChemAnalyst analyzed various end user segments
and projected a positive outlook for Global
Liquefied Natural Gas market over the coming
years. - ChemAnalyst calculated Liquefied Natural Gas
demand globally by analyzing the historical data
and demand forecast which was carried out
considering imported Liquefied Natural Gas,
styrene prices, monomers used for production of
Liquefied Natural Gas. ChemAnalyst sourced these
values from industry experts and company
representatives and externally validated through
analyzing historical sales data of respective
manufacturers to arrive at the overall market
size. Various secondary sources such as company
websites, association reports, annual reports,
etc., were also studied by ChemAnalyst.
4Report Scope In this report, Liquefied Natural
Gas market has been segmented into following
categories, in addition to the industry trends
which have also been detailed below
Attribute Details
Market size volume in 2020 390 million Tonnes
Growth Rate CAGR of 5.00 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2021 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered Application (Transportation Fuel, Power Generation, and Others) End-Use (Heating Homes and Businesses, Fertilizers, Chemicals, Power Generation, and Others) Sales Channel (Direct Company Sale, Direct Import, Distributors Traders)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Total, Chevron Corporation, Exxon Mobil Corporation, Petronet LNG Limited, Royal Dutch Shell, China National Petroleum Corporation, Petroliam Nasional Berhad (PETRONAS), Snam SPA, PetroChina Company Limited, Equinor ASA, Gazprom, China Petroleum Chemical Corporation, Eni SpA, ConocoPhillips Company, and Others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
5- Table of Contents
- Global Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- Production, By Volume
- By Company
- Operating Efficiency
- By Company
- Global Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End use
- By Application
- By Region
- By Company
- North America Liquefied Natural Gas Market
Outlook, 2015-2030 - Capacity, By Volume
- By Country
- Production
- By Country
- Operating Efficiency
6- Operating Efficiency
- By Company
- United States Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- United States Liquefied Natural Gas Demand
Outlook, 2015-2030, By Volume - By End use
- By Application
- By Company Share (At least top 3 companies
market share) - By Region
- By Sales Channel
- Mexico Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
7- Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- Canada Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Canada Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End Use
- By Application
- By Company Share (At least top 3 companies
market share) - By Region
- By Sales Channel
- Asia Pacific Liquefied Natural Gas Market
Outlook, 2015-2030 - Capacity, By Volume
8- 6.4.1.2. By Location
- Production
- By Company
- Operating Efficiency
- By Company
- China Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- China Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End Use
- By Application
- By Company Share (At least top 3 companies
market share) - By Region
- By Sales Channel
- India Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- By Location
96.5.5.4.
By Region
- 6.5.5.5. By Sales Channel
- Japan Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- Japan Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Japan Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End Use
- By Application
- By Company Share (At least top 3 companies
market share) - By Region
- By Sales Channel
106.7.4.3.
Gap
6.7.5. South Korea Liquefied Natural Gas Demand
Outlook, 2015-2030, By Volume
6.7.5.1.
By End Use
6.7.5.2.
By Application
6.7.5.3.
By Company Share (At least top 3 companies
market share)
6.7.5.4.
By Region
- 6.7.5.5. By Sales Channel
- Taiwan Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- Taiwan Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Taiwan Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End Use
- By Application
- By Region
- By Sales Channel
- By Company Share (At least top 3 companies
market share)
11- Operating Efficiency
- By Company
- Singapore Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Singapore Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End Use
- By Application
- By Region
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - Europe Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Country
- Production
- By Country
- Operating Efficiency
- By Country
128.5.3.1.
By Company
8.5.4. Germany Liquefied Natural Gas
Demand-Supply Scenario, 2015-2030, By Volume
8.5.4.1.
Demand
8.5.4.2.
Supply
8.5.4.3.
Gap
8.5.5. Germany Liquefied Natural Gas Demand
Outlook, 2015-2030, By Volume
8.5.5.1.
By Type
8.5.5.2.
By Application
8.5.5.3.
By Company Share (At least top 3 companies
market share)
8.5.5.4.
By Region
8.5.5.5.
By Sales Channel
8.5.6. Belgium Liquefied Natural Gas Market
Outlook, 2015-2030
8.5.6.1.
Capacity, By Volume
8.5.6.1.1.
By Company
8.5.6.1.2.
By Location
8.5.6.2.
Production
8.5.6.2.1.
By Company
8.5.6.3.
Operating Efficiency
- 8.5.6.3.1. By Company
- Belgium Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Belgium Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End Use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- France Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
138.6.1.1.
By Company
- 8.6.1.2. By Location
- Production
- By Company
- Operating Efficiency
- By Company
- France Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- France Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- United Kingdom Liquefied Natural Gas Market
Outlook, 2015-2030 - Capacity, By Volume
- By Company
- By Location
148.7.5.3.
By Sales Channel
8.7.5.4.
By Company Share (At least top 3 companies
market share)
- 8.7.5.5. By Region
- Spain Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- Spain Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Spain Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
158.9.4.2.
Supply
8.9.4.3.
Gap
8.9.5. Italy Liquefied Natural Gas Demand
Outlook, 2015-2030, By Volume
8.9.5.1.
By End use
8.9.5.2.
By Application
8.9.5.3.
By Sales Channel
8.9.5.4.
By Company Share (At least top 3 companies
market share)
8.9.5.5.
By Region
8.10.
Sweden Liquefied Natural Gas Market Outlook,
2015-2030
- Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- Sweden Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Sweden Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- Austria Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
16- 8.11.2.1. By Company
- Operating Efficiency
- By Company
- Austria Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Austria Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- MEA Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Country
- Production
- By Country
- Operating Efficiency
17- Operating Efficiency
- By Company
- Saudi Arabia Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Saudi Arabia Liquefied Natural Gas Demand
Outlook, 2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- Iran Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
18- Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- South Africa Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- South Africa Liquefied Natural Gas Demand
Outlook, 2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- South America Liquefied Natural Gas Market
Outlook, 2015-2030 - Capacity, By Volume
19- Capacity, By Volume
- By Company
- By Location
- Production
- By Company
- Operating Efficiency
- By Company
- Brazil Liquefied Natural Gas Demand-Supply
Scenario, 2015-2030, By Volume - Demand
- Supply
- Gap
- Brazil Liquefied Natural Gas Demand Outlook,
2015-2030, By Volume - By End use
- By Application
- By Sales Channel
- By Company Share (At least top 3 companies
market share) - By Region
- Argentina Liquefied Natural Gas Market Outlook,
2015-2030 - Capacity, By Volume
2012.7.5.2.
By Application
12.7.5.3.
By Sales Channel
12.7.5.4.
By Company Share (At least top 3 companies
market share
- 12.7.5.5. By Region
- Country-wise Import
- Country-wise Export
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