LNG market

LNG Market - Global Outlook and Forecast 2022-2028

  • 13 July 2022
  • Energy and Natural Resources
  • 71 Pages
  • Report code : PMR-7203906

  • 4.7 (158)

LNG Market

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Liquefied natural gas or LNG is natural gas that has been processed to remove either valuable components e.g. helium, or those impurities that could cause difficulty downstream.

LNG Market contains market size and forecasts of LNG in global, including the following market information:

  • Global LNG Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global LNG Market Sales, 2017-2022, 2023-2028, (K MT)
  • Global top five LNG companies in 2021 (%)

The global LNG market was valued at 7904.5 million in 2021 and is projected to reach US$ 15170 million by 2028, at a CAGR of 9.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Ethane Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of LNG include Air Products & Chemicals, BG, BP, Cheniere Energy, Chevron, ConocoPhillips, Exxon Mobil, Gazprom OAO and Inpex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the LNG manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global LNG Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global LNG Market Segment Percentages, by Type, 2021 (%)

  • Ethane
  • Propane
  • Butane
  • Nitrogen

Global LNG Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global LNG Market Segment Percentages, by Application, 2021 (%)

  • Construction
  • Furnaces
  • Fluid Bed Dryers
  • Food Processing
  • Manufacturing
  • Mining
  • Power Generation Sector
  • Rotary Kilns

Global LNG Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global LNG Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies LNG revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies LNG revenues share in global market, 2021 (%)
  • Key companies LNG sales in global market, 2017-2022 (Estimated), (K MT)
  • Key companies LNG sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Air Products & Chemicals
  • BG
  • BP
  • Cheniere Energy
  • Chevron
  • ConocoPhillips
  • Exxon Mobil
  • Gazprom OAO
  • Inpex
  • Petroleos De Venezuela
  • Petronas

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