The global Liquid Natural Gas market was valued at US$ 232680 million in 2022 and is projected to reach US$ 292090 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Liquid Natural Gas include QatarEnergy, Shell, ConocoPhillips, TotalEnergies, 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%.
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.
This report aims to provide a comprehensive presentation of the global market for Liquid Natural Gas, 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. This report contains market size and forecasts of Liquid Natural Gas in global, including the following market information:
Global Liquid Natural Gas Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Liquid Natural Gas Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Liquid Natural Gas companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Liquid Natural Gas 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 Liquid Natural Gas Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Liquid Natural Gas Market Segment Percentages, by Type, 2022 (%)
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology
Global Liquid Natural Gas Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Liquid Natural Gas Market Segment Percentages, by Application, 2022 (%)
Transportation Fuel
Power Generation
Mining & Industrial
Global Liquid Natural Gas Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Liquid Natural Gas Market Segment Percentages, By Region and Country, 2022 (%)
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 Liquid Natural Gas revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Liquid Natural Gas revenues share in global market, 2022 (%)
Key companies Liquid Natural Gas sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Liquid Natural Gas sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cheniere Energy
ConocoPhillips
QatarEnergy
Woodside
BP
TotalEnergies
Shell
ExxonMobil
Chevron
Outline of Major Chapters:
Chapter 1: Introduces the definition of Liquid Natural Gas, market overview.
Chapter 2: Global Liquid Natural Gas market size in revenue and volume.
Chapter 3: Detailed analysis of Liquid Natural Gas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Liquid Natural Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
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: Global Liquid Natural Gas capacity by region & country.
Chapter 9: Introduces 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Liquid Natural Gas Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Liquid Natural Gas Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Liquid Natural Gas Overall Market Size
2.1 Global Liquid Natural Gas Market Size: 2022 VS 2029
2.2 Global Liquid Natural Gas Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Liquid Natural Gas Sales: 2018-2029
3 Company Landscape
3.1 Top Liquid Natural Gas Players in Global Market
3.2 Top Global Liquid Natural Gas Companies Ranked by Revenue
3.3 Global Liquid Natural Gas Revenue by Companies
3.4 Global Liquid Natural Gas Sales by Companies
3.5 Global Liquid Natural Gas Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Liquid Natural Gas Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Liquid Natural Gas Product Type
3.8 Tier 1, Tier 2 and Tier 3 Liquid Natural Gas Players in Global Market
3.8.1 List of Global Tier 1 Liquid Natural Gas Companies
3.8.2 List of Global Tier 2 and Tier 3 Liquid Natural Gas Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Liquid Natural Gas Market Size Markets, 2022 & 2029
4.1.2 APCI Liquefaction Technology
4.1.3 Cascade Liquefaction Technology
4.1.4 Other Liquefaction Technology
4.2 By Type - Global Liquid Natural Gas Revenue & Forecasts
4.2.1 By Type - Global Liquid Natural Gas Revenue, 2018-2023
4.2.2 By Type - Global Liquid Natural Gas Revenue, 2024-2029
4.2.3 By Type - Global Liquid Natural Gas Revenue Market Share, 2018-2029
4.3 By Type - Global Liquid Natural Gas Sales & Forecasts
4.3.1 By Type - Global Liquid Natural Gas Sales, 2018-2023
4.3.2 By Type - Global Liquid Natural Gas Sales, 2024-2029
4.3.3 By Type - Global Liquid Natural Gas Sales Market Share, 2018-2029
4.4 By Type - Global Liquid Natural Gas Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Liquid Natural Gas Market Size, 2022 & 2029
5.1.2 Transportation Fuel
5.1.3 Power Generation
5.1.4 Mining & Industrial
5.2 By Application - Global Liquid Natural Gas Revenue & Forecasts
5.2.1 By Application - Global Liquid Natural Gas Revenue, 2018-2023
5.2.2 By Application - Global Liquid Natural Gas Revenue, 2024-2029
5.2.3 By Application - Global Liquid Natural Gas Revenue Market Share, 2018-2029
5.3 By Application - Global Liquid Natural Gas Sales & Forecasts
5.3.1 By Application - Global Liquid Natural Gas Sales, 2018-2023
5.3.2 By Application - Global Liquid Natural Gas Sales, 2024-2029
5.3.3 By Application - Global Liquid Natural Gas Sales Market Share, 2018-2029
5.4 By Application - Global Liquid Natural Gas Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Liquid Natural Gas Market Size, 2022 & 2029
6.2 By Region - Global Liquid Natural Gas Revenue & Forecasts
6.2.1 By Region - Global Liquid Natural Gas Revenue, 2018-2023
6.2.2 By Region - Global Liquid Natural Gas Revenue, 2024-2029
6.2.3 By Region - Global Liquid Natural Gas Revenue Market Share, 2018-2029
6.3 By Region - Global Liquid Natural Gas Sales & Forecasts
6.3.1 By Region - Global Liquid Natural Gas Sales, 2018-2023
6.3.2 By Region - Global Liquid Natural Gas Sales, 2024-2029
6.3.3 By Region - Global Liquid Natural Gas Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Liquid Natural Gas Revenue, 2018-2029
6.4.2 By Country - North America Liquid Natural Gas Sales, 2018-2029
6.4.3 US Liquid Natural Gas Market Size, 2018-2029
6.4.4 Canada Liquid Natural Gas Market Size, 2018-2029
6.4.5 Mexico Liquid Natural Gas Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Liquid Natural Gas Revenue, 2018-2029
6.5.2 By Country - Europe Liquid Natural Gas Sales, 2018-2029
6.5.3 Germany Liquid Natural Gas Market Size, 2018-2029
6.5.4 France Liquid Natural Gas Market Size, 2018-2029
6.5.5 U.K. Liquid Natural Gas Market Size, 2018-2029
6.5.6 Italy Liquid Natural Gas Market Size, 2018-2029
6.5.7 Russia Liquid Natural Gas Market Size, 2018-2029
6.5.8 Nordic Countries Liquid Natural Gas Market Size, 2018-2029
6.5.9 Benelux Liquid Natural Gas Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Liquid Natural Gas Revenue, 2018-2029
6.6.2 By Region - Asia Liquid Natural Gas Sales, 2018-2029
6.6.3 China Liquid Natural Gas Market Size, 2018-2029
6.6.4 Japan Liquid Natural Gas Market Size, 2018-2029
6.6.5 South Korea Liquid Natural Gas Market Size, 2018-2029
6.6.6 Southeast Asia Liquid Natural Gas Market Size, 2018-2029
6.6.7 India Liquid Natural Gas Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Liquid Natural Gas Revenue, 2018-2029
6.7.2 By Country - South America Liquid Natural Gas Sales, 2018-2029
6.7.3 Brazil Liquid Natural Gas Market Size, 2018-2029
6.7.4 Argentina Liquid Natural Gas Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Liquid Natural Gas Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Liquid Natural Gas Sales, 2018-2029
6.8.3 Turkey Liquid Natural Gas Market Size, 2018-2029
6.8.4 Israel Liquid Natural Gas Market Size, 2018-2029
6.8.5 Saudi Arabia Liquid Natural Gas Market Size, 2018-2029
6.8.6 UAE Liquid Natural Gas Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Cheniere Energy
7.1.1 Cheniere Energy Company Summary
7.1.2 Cheniere Energy Business Overview
7.1.3 Cheniere Energy Liquid Natural Gas Major Product Offerings
7.1.4 Cheniere Energy Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.1.5 Cheniere Energy Key News & Latest Developments
7.2 ConocoPhillips
7.2.1 ConocoPhillips Company Summary
7.2.2 ConocoPhillips Business Overview
7.2.3 ConocoPhillips Liquid Natural Gas Major Product Offerings
7.2.4 ConocoPhillips Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.2.5 ConocoPhillips Key News & Latest Developments
7.3 QatarEnergy
7.3.1 QatarEnergy Company Summary
7.3.2 QatarEnergy Business Overview
7.3.3 QatarEnergy Liquid Natural Gas Major Product Offerings
7.3.4 QatarEnergy Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.3.5 QatarEnergy Key News & Latest Developments
7.4 Woodside
7.4.1 Woodside Company Summary
7.4.2 Woodside Business Overview
7.4.3 Woodside Liquid Natural Gas Major Product Offerings
7.4.4 Woodside Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.4.5 Woodside Key News & Latest Developments
7.5 BP
7.5.1 BP Company Summary
7.5.2 BP Business Overview
7.5.3 BP Liquid Natural Gas Major Product Offerings
7.5.4 BP Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.5.5 BP Key News & Latest Developments
7.6 TotalEnergies
7.6.1 TotalEnergies Company Summary
7.6.2 TotalEnergies Business Overview
7.6.3 TotalEnergies Liquid Natural Gas Major Product Offerings
7.6.4 TotalEnergies Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.6.5 TotalEnergies Key News & Latest Developments
7.7 Shell
7.7.1 Shell Company Summary
7.7.2 Shell Business Overview
7.7.3 Shell Liquid Natural Gas Major Product Offerings
7.7.4 Shell Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.7.5 Shell Key News & Latest Developments
7.8 ExxonMobil
7.8.1 ExxonMobil Company Summary
7.8.2 ExxonMobil Business Overview
7.8.3 ExxonMobil Liquid Natural Gas Major Product Offerings
7.8.4 ExxonMobil Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.8.5 ExxonMobil Key News & Latest Developments
7.9 Chevron
7.9.1 Chevron Company Summary
7.9.2 Chevron Business Overview
7.9.3 Chevron Liquid Natural Gas Major Product Offerings
7.9.4 Chevron Liquid Natural Gas Sales and Revenue in Global (2018-2023)
7.9.5 Chevron Key News & Latest Developments
8 Global Liquid Natural Gas Production Capacity, Analysis
8.1 Global Liquid Natural Gas Production Capacity, 2018-2029
8.2 Liquid Natural Gas Production Capacity of Key Manufacturers in Global Market
8.3 Global Liquid Natural Gas Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Liquid Natural Gas Supply Chain Analysis
10.1 Liquid Natural Gas Industry Value Chain
10.2 Liquid Natural Gas Upstream Market
10.3 Liquid Natural Gas Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Liquid Natural Gas Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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