Liquefied Natural Gas (LNG) Market Forecasts to 2028 – Global Analysis By Product (Atmospheric Pressure Chemical Ionization (APCI), Cascade Liquefaction Technology), Application (Power Generation, Mining) and By Geography
According to Stratistics MRC, the Global Liquefied Natural Gas (LNG) Market is accounted for $43.68 billion in 2020 and is expected to reach $80.85 billion by 2028 growing at a CAGR of 8.0% during the forecast period. Rapid growth in pipeline infrastructures with favorable government regulations and increasing demand for natural gas (NG) from downstream industries are the major factors propelling the market growth. However, inadequate pipeline infrastructure in remote locations is hampering market growth.
Liquefied natural gas is natural gas it is in liquid form for easiness and protection of non-pressurized storage or transport. It takes up about 1/600th of the volume of natural gas in the gaseous state. Liquefied natural gas is colorless, odorless, non-toxic, and non-corrosive.
Based on the application, the transportation fuel segment is estimated to have a lucrative growth due to the growing use of liquefied natural gas as fuel in vehicles. The liquefied natural gas fuel vehicle system carries natural gas (NG) to the engine at a necessary supply pressure while maximizing the fuel density of the fueling and tanks stations.
By geography, the Asia Pacific holds the largest share in the market. India is expected to remain an attractive location for exporters and manufacturers due to the upsurge in infrastructure development. Moreover, the projects have faced planning pressure and considerable cost, making them a challenge for the operators and developers due to the drastic decrease in LNG prices.
Some of the key players profiled in the Liquefied Natural Gas (LNG) Market include BP, Cheniere Energy, Chevron Corporation, China National Petroleum Corporation, China Petroleum & Chemical Corporation, ConocoPhillips Company, Eni SpA, Equinor ASA, Exxon Mobil Corporation, Gazprom, PetroChina Company Limited, Petroliam Nasional Berhad (PETRONAS), Petronet LNG Limited, Qatar Petroleum, Royal Dutch Shell, Sinopec Group, Snam SPA, Total, and Woodside Petroleum.
Products Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
Liquefied natural gas is natural gas it is in liquid form for easiness and protection of non-pressurized storage or transport. It takes up about 1/600th of the volume of natural gas in the gaseous state. Liquefied natural gas is colorless, odorless, non-toxic, and non-corrosive.
Based on the application, the transportation fuel segment is estimated to have a lucrative growth due to the growing use of liquefied natural gas as fuel in vehicles. The liquefied natural gas fuel vehicle system carries natural gas (NG) to the engine at a necessary supply pressure while maximizing the fuel density of the fueling and tanks stations.
By geography, the Asia Pacific holds the largest share in the market. India is expected to remain an attractive location for exporters and manufacturers due to the upsurge in infrastructure development. Moreover, the projects have faced planning pressure and considerable cost, making them a challenge for the operators and developers due to the drastic decrease in LNG prices.
Some of the key players profiled in the Liquefied Natural Gas (LNG) Market include BP, Cheniere Energy, Chevron Corporation, China National Petroleum Corporation, China Petroleum & Chemical Corporation, ConocoPhillips Company, Eni SpA, Equinor ASA, Exxon Mobil Corporation, Gazprom, PetroChina Company Limited, Petroliam Nasional Berhad (PETRONAS), Petronet LNG Limited, Qatar Petroleum, Royal Dutch Shell, Sinopec Group, Snam SPA, Total, and Woodside Petroleum.
Products Covered:
- Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology
- Cascade Liquefaction Technology
- Power Generation
- Transportation Fuel
- Mining and Industrial
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL LIQUEFIED NATURAL GAS (LNG) MARKET, BY PRODUCT
5.1 Introduction
5.2 Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology
5.3 Cascade Liquefaction Technology
6 GLOBAL LIQUEFIED NATURAL GAS (LNG) MARKET, BY APPLICATION
6.1 Introduction
6.2 Power Generation
6.3 Transportation Fuel
6.4 Mining and Industrial
7 GLOBAL LIQUEFIED NATURAL GAS (LNG) MARKET, BY GEOGRAPHY
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 KEY DEVELOPMENTS
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 COMPANY PROFILING
9.1 BP
9.2 Cheniere Energy
9.3 Chevron Corporation
9.4 China National Petroleum Corporation
9.5 China Petroleum & Chemical Corporation
9.6 ConocoPhillips Company
9.7 Eni SpA
9.8 Equinor ASA
9.9 Exxon Mobil Corporation
9.10 Gazprom
9.11 PetroChina Company Limited
9.12 Petroliam Nasional Berhad (PETRONAS)
9.13 Petronet LNG Limited
9.14 Qatar Petroleum
9.15 Royal Dutch Shell
9.16 Sinopec Group
9.17 Snam SPA
9.18 Total
9.19 Woodside Petroleum
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL LIQUEFIED NATURAL GAS (LNG) MARKET, BY PRODUCT
5.1 Introduction
5.2 Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology
5.3 Cascade Liquefaction Technology
6 GLOBAL LIQUEFIED NATURAL GAS (LNG) MARKET, BY APPLICATION
6.1 Introduction
6.2 Power Generation
6.3 Transportation Fuel
6.4 Mining and Industrial
7 GLOBAL LIQUEFIED NATURAL GAS (LNG) MARKET, BY GEOGRAPHY
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 KEY DEVELOPMENTS
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 COMPANY PROFILING
9.1 BP
9.2 Cheniere Energy
9.3 Chevron Corporation
9.4 China National Petroleum Corporation
9.5 China Petroleum & Chemical Corporation
9.6 ConocoPhillips Company
9.7 Eni SpA
9.8 Equinor ASA
9.9 Exxon Mobil Corporation
9.10 Gazprom
9.11 PetroChina Company Limited
9.12 Petroliam Nasional Berhad (PETRONAS)
9.13 Petronet LNG Limited
9.14 Qatar Petroleum
9.15 Royal Dutch Shell
9.16 Sinopec Group
9.17 Snam SPA
9.18 Total
9.19 Woodside Petroleum
LIST OF TABLES
Table 1 Global Liquefied Natural Gas (LNG) Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 3 Global Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 4 Global Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 5 Global Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 6 Global Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 7 Global Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 8 Global Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 9 North America Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 10 North America Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 11 North America Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 12 North America Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 13 North America Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 14 North America Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 15 North America Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 16 North America Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 17 Europe Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 18 Europe Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 19 Europe Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 20 Europe Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 21 Europe Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 22 Europe Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 23 Europe Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 24 Europe Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 25 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 26 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 27 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 28 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 29 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 30 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 31 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 32 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 33 South America Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 34 South America Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 35 South America Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 36 South America Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 37 South America Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 38 South America Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 39 South America Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 40 South America Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 41 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 42 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 43 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 44 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 45 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 46 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 47 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 48 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 1 Global Liquefied Natural Gas (LNG) Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 3 Global Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 4 Global Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 5 Global Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 6 Global Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 7 Global Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 8 Global Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 9 North America Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 10 North America Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 11 North America Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 12 North America Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 13 North America Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 14 North America Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 15 North America Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 16 North America Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 17 Europe Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 18 Europe Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 19 Europe Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 20 Europe Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 21 Europe Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 22 Europe Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 23 Europe Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 24 Europe Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 25 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 26 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 27 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 28 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 29 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 30 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 31 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 32 Asia Pacific Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 33 South America Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 34 South America Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 35 South America Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 36 South America Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 37 South America Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 38 South America Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 39 South America Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 40 South America Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)
Table 41 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Country (2019-2028) ($MN)
Table 42 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Product (2019-2028) ($MN)
Table 43 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Atmospheric Pressure Chemical Ionization (APCI) Liquefaction Technology (2019-2028) ($MN)
Table 44 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Cascade Liquefaction Technology (2019-2028) ($MN)
Table 45 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Application (2019-2028) ($MN)
Table 46 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Power Generation (2019-2028) ($MN)
Table 47 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Transportation Fuel (2019-2028) ($MN)
Table 48 Middle East & Africa Liquefied Natural Gas (LNG) Market Outlook, By Mining and Industrial (2019-2028) ($MN)