Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state, at about -260°Fahrenheit, for shipping and storage. The volume of natural gas in its liquid state is about 600 times smaller than its volume in its gaseous state. This process, which was developed in the 19th century, makes it possible to transport natural gas to places pipelines do not reach and to use natural gas as a transportation fuel.
The global market for Liquid Natural Gas was estimated to be worth US$ 226140 million in 2023 and is forecast to a readjusted size of US$ 332210 million by 2030 with a CAGR of 3.5% during the forecast period 2024-2030
Global key players of Liquid Natural Gas include QatarEnergy, Shell, ConocoPhillips, °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​, etc. The top four players hold a share over 40%. Asia-Pacific is the largest market, has a share about 57%, followed by Europe, and North America, with share 30% and 8%, separately. In terms of product type, APCI Liquefaction Technology is the largest segment, occupied for a share of 75%, and in terms of application, Power Generation has a share about 47%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Liquid Natural Gas, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Liquid Natural Gas by region & country, by Type, and by Application.
The Liquid Natural Gas market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquid Natural Gas.
Âé¶¹Ô´´ Segmentation
By Company
Cheniere Energy
ConocoPhillips
QatarEnergy
Woodside
BP
°Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​
Shell
ExxonMobil
Chevron
Segment by Type:
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology
Segment by Application
Transportation Fuel
Power Generation
Mining & Industrial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Liquid Natural Gas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Liquid Natural Gas in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Liquid Natural Gas in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Âé¶¹Ô´´ Overview
1.1 Liquid Natural Gas Product Introduction
1.2 Global Liquid Natural Gas Âé¶¹Ô´´ Size Forecast
1.2.1 Global Liquid Natural Gas Sales Value (2019-2030)
1.2.2 Global Liquid Natural Gas Sales Volume (2019-2030)
1.2.3 Global Liquid Natural Gas Sales Price (2019-2030)
1.3 Liquid Natural Gas Âé¶¹Ô´´ Trends & Drivers
1.3.1 Liquid Natural Gas Industry Trends
1.3.2 Liquid Natural Gas Âé¶¹Ô´´ Drivers & Opportunity
1.3.3 Liquid Natural Gas Âé¶¹Ô´´ Challenges
1.3.4 Liquid Natural Gas Âé¶¹Ô´´ Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Liquid Natural Gas Players Revenue Ranking (2023)
2.2 Global Liquid Natural Gas Revenue by Company (2019-2024)
2.3 Global Liquid Natural Gas Players Sales Volume Ranking (2023)
2.4 Global Liquid Natural Gas Sales Volume by Company Players (2019-2024)
2.5 Global Liquid Natural Gas Average Price by Company (2019-2024)
2.6 Key Manufacturers Liquid Natural Gas Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Liquid Natural Gas Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Liquid Natural Gas
2.9 Liquid Natural Gas Âé¶¹Ô´´ Competitive Analysis
2.9.1 Liquid Natural Gas Âé¶¹Ô´´ Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Liquid Natural Gas Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Liquid Natural Gas as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 APCI Liquefaction Technology
3.1.2 Cascade Liquefaction Technology
3.1.3 Other Liquefaction Technology
3.2 Global Liquid Natural Gas Sales Value by Type
3.2.1 Global Liquid Natural Gas Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Liquid Natural Gas Sales Value, by Type (2019-2030)
3.2.3 Global Liquid Natural Gas Sales Value, by Type (%) (2019-2030)
3.3 Global Liquid Natural Gas Sales Volume by Type
3.3.1 Global Liquid Natural Gas Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Liquid Natural Gas Sales Volume, by Type (2019-2030)
3.3.3 Global Liquid Natural Gas Sales Volume, by Type (%) (2019-2030)
3.4 Global Liquid Natural Gas Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Transportation Fuel
4.1.2 Power Generation
4.1.3 Mining & Industrial
4.2 Global Liquid Natural Gas Sales Value by Application
4.2.1 Global Liquid Natural Gas Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Liquid Natural Gas Sales Value, by Application (2019-2030)
4.2.3 Global Liquid Natural Gas Sales Value, by Application (%) (2019-2030)
4.3 Global Liquid Natural Gas Sales Volume by Application
4.3.1 Global Liquid Natural Gas Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Liquid Natural Gas Sales Volume, by Application (2019-2030)
4.3.3 Global Liquid Natural Gas Sales Volume, by Application (%) (2019-2030)
4.4 Global Liquid Natural Gas Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Liquid Natural Gas Sales Value by Region
5.1.1 Global Liquid Natural Gas Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Liquid Natural Gas Sales Value by Region (2019-2024)
5.1.3 Global Liquid Natural Gas Sales Value by Region (2025-2030)
5.1.4 Global Liquid Natural Gas Sales Value by Region (%), (2019-2030)
5.2 Global Liquid Natural Gas Sales Volume by Region
5.2.1 Global Liquid Natural Gas Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Liquid Natural Gas Sales Volume by Region (2019-2024)
5.2.3 Global Liquid Natural Gas Sales Volume by Region (2025-2030)
5.2.4 Global Liquid Natural Gas Sales Volume by Region (%), (2019-2030)
5.3 Global Liquid Natural Gas Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Liquid Natural Gas Sales Value, 2019-2030
5.4.2 North America Liquid Natural Gas Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Liquid Natural Gas Sales Value, 2019-2030
5.5.2 Europe Liquid Natural Gas Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Liquid Natural Gas Sales Value, 2019-2030
5.6.2 Asia Pacific Liquid Natural Gas Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Liquid Natural Gas Sales Value, 2019-2030
5.7.2 South America Liquid Natural Gas Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Liquid Natural Gas Sales Value, 2019-2030
5.8.2 Middle East & Africa Liquid Natural Gas Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Liquid Natural Gas Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Liquid Natural Gas Sales Value
6.2.1 Key Countries/Regions Liquid Natural Gas Sales Value, 2019-2030
6.2.2 Key Countries/Regions Liquid Natural Gas Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Liquid Natural Gas Sales Value, 2019-2030
6.3.2 United States Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Liquid Natural Gas Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Liquid Natural Gas Sales Value, 2019-2030
6.4.2 Europe Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Liquid Natural Gas Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Liquid Natural Gas Sales Value, 2019-2030
6.5.2 China Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.5.3 China Liquid Natural Gas Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Liquid Natural Gas Sales Value, 2019-2030
6.6.2 Japan Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Liquid Natural Gas Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Liquid Natural Gas Sales Value, 2019-2030
6.7.2 South Korea Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Liquid Natural Gas Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Liquid Natural Gas Sales Value, 2019-2030
6.8.2 Southeast Asia Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Liquid Natural Gas Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Liquid Natural Gas Sales Value, 2019-2030
6.9.2 India Liquid Natural Gas Sales Value by Type (%), 2023 VS 2030
6.9.3 India Liquid Natural Gas Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Cheniere Energy
7.1.1 Cheniere Energy Company Information
7.1.2 Cheniere Energy Introduction and Business Overview
7.1.3 Cheniere Energy Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Cheniere Energy Liquid Natural Gas Product Offerings
7.1.5 Cheniere Energy Recent Development
7.2 ConocoPhillips
7.2.1 ConocoPhillips Company Information
7.2.2 ConocoPhillips Introduction and Business Overview
7.2.3 ConocoPhillips Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.2.4 ConocoPhillips Liquid Natural Gas Product Offerings
7.2.5 ConocoPhillips Recent Development
7.3 QatarEnergy
7.3.1 QatarEnergy Company Information
7.3.2 QatarEnergy Introduction and Business Overview
7.3.3 QatarEnergy Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.3.4 QatarEnergy Liquid Natural Gas Product Offerings
7.3.5 QatarEnergy Recent Development
7.4 Woodside
7.4.1 Woodside Company Information
7.4.2 Woodside Introduction and Business Overview
7.4.3 Woodside Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Woodside Liquid Natural Gas Product Offerings
7.4.5 Woodside Recent Development
7.5 BP
7.5.1 BP Company Information
7.5.2 BP Introduction and Business Overview
7.5.3 BP Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.5.4 BP Liquid Natural Gas Product Offerings
7.5.5 BP Recent Development
7.6 °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​
7.6.1 °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​ Company Information
7.6.2 °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​ Introduction and Business Overview
7.6.3 °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​ Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.6.4 °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​ Liquid Natural Gas Product Offerings
7.6.5 °Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​ Recent Development
7.7 Shell
7.7.1 Shell Company Information
7.7.2 Shell Introduction and Business Overview
7.7.3 Shell Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Shell Liquid Natural Gas Product Offerings
7.7.5 Shell Recent Development
7.8 ExxonMobil
7.8.1 ExxonMobil Company Information
7.8.2 ExxonMobil Introduction and Business Overview
7.8.3 ExxonMobil Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.8.4 ExxonMobil Liquid Natural Gas Product Offerings
7.8.5 ExxonMobil Recent Development
7.9 Chevron
7.9.1 Chevron Company Information
7.9.2 Chevron Introduction and Business Overview
7.9.3 Chevron Liquid Natural Gas Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Chevron Liquid Natural Gas Product Offerings
7.9.5 Chevron Recent Development
8 Industry Chain Analysis
8.1 Liquid Natural Gas Industrial Chain
8.2 Liquid Natural Gas Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Liquid Natural Gas Sales Model
8.5.2 Sales Channel
8.5.3 Liquid Natural Gas Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Cheniere Energy
ConocoPhillips
QatarEnergy
Woodside
BP
°Õ´Ç³Ù²¹±ô·¡²Ô±ð°ù²µ¾±±ð²õ​
Shell
ExxonMobil
Chevron
Ìý
Ìý
*If Applicable.