Latest research report on “Liquefied Natural Gas (LNG) Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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 contains market size and forecasts of Liquefied Natural Gas (LNG) in global, including the following market information:
Global Liquefied Natural Gas (LNG) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Liquefied Natural Gas (LNG) Market Sales, 2017-2022, 2023-2028, (MTPA)
Global top five Liquefied Natural Gas (LNG) companies in 2021 (%)
The global Liquefied Natural Gas (LNG) market was valued at 151460 million in 2021 and is projected to reach US$ 219670 million by 2028, at a CAGR of 5.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
APCI Liquefaction Technology Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Liquefied Natural Gas (LNG) include Cheniere Energy, ConocoPhillips, Qatar Petroleum, Woodside Petroleum, Sinopec Group, BP, TOTAL, Shell and ExxonMobil and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Liquefied Natural Gas (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 Liquefied Natural Gas (LNG) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MTPA)
Global Liquefied Natural Gas (LNG) Market Segment Percentages, by Type, 2021 (%)
– APCI Liquefaction Technology
– Cascade Liquefaction Technology
– Other Liquefaction Technology
Global Liquefied Natural Gas (LNG) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MTPA)
Global Liquefied Natural Gas (LNG) Market Segment Percentages, by Application, 2021 (%)
– Transportation Fuel
– Power Generation
– Mining & Industrial
Global Liquefied Natural Gas (LNG) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MTPA)
Global Liquefied Natural Gas (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 Liquefied Natural Gas (LNG) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Liquefied Natural Gas (LNG) revenues share in global market, 2021 (%)
Key companies Liquefied Natural Gas (LNG) sales in global market, 2017-2022 (Estimated), (MTPA)
Key companies Liquefied Natural Gas (LNG) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Cheniere Energy
– ConocoPhillips
– Qatar Petroleum
– Woodside Petroleum
– Sinopec Group
– BP
– TOTAL
– Shell
– ExxonMobil
– Chevron
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