Home > > > > > Report Detail

Global Liquefied Natural Gas (LNG) Market Report: Insights, Trends & Forecast (2019-2023)

Publisher Name :
Date: 11-Jul-2019
No. of pages: 143
Inquire Before Buying

The global liquefied natural gas (LNG) market is estimated to reach US$138.43 billion in 2023, growing at a CAGR of 5.15% for the period spanning 2019 to 2023. The factors such as rising energy consumption, growing urban population, increasing demand of natural gas vehicles, and increasing preference of LNG in developing economies are expected to drive the market. However, growth of the industry will be challenged by expiration of exports contracts, stringent regulations and lack of infrastructure facilities. A few notable trends include evolving LNG export capacity additions, growing demand for LNG bunkering, progressing LNG projects, growing LNG spot market and increasing shift towards modular technology.

Increased demand of LNG by domestic households for cooking and heating purposes was one of the key factors that have supported the LNG demand globally. Additionally, the LNG export volume has been stimulated by increased production of the exiting LNG projects and growing preference for LNG by the population for various commercial and domestic applications.

The largest LNG regional capacity is in Asia-Pacific due to higher production from existing projects in Asia-Pacific countries, such as India, China, and Japan that have a major impact on the growth of the market. China and India are highly established premium markets that contribute to significant shares in the global LNG capacity. Rising approval for liquefaction plants in the U.S. propelled the demand for LNG. The Qatar represents one of the largest markets for LNG and is already a well-penetrated market.

Scope of the report:


  • The report provides a comprehensive analysis of the global Liquefied Natural Gas (LNG) market to aid in identifying the current market opportunities.

  • The regional markets (Asia-Pacific, Middle East, Europe, Americas and Africa) have been analyzed, along with country coverage of the Australia, Japan, China, South Korea, India, Qatar and the U.S.

  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

  • The competitive landscape of the market, along with the company profiles of leading players (Equinor ASA, Gazprom Group, Royal Dutch Shell Plc, Exxon Mobil Corporation, British Petroleum Plc and Chevron Corporation) are also presented in detail.


Key Target Audience:


  • Liquefied Natural Gas (LNG) Manufacturers

  • Raw Material Suppliers

  • End User Industries (Heavy-Duty Vehicles, Electric Power Generation, and Marine Transport)

  • Consulting Firms

  • Investment Banks

  • Government Bodies & Regulating Authorities

Global Liquefied Natural Gas (LNG) Market Report: Insights, Trends & Forecast (2019-2023)

Table of Contents

1. Liquefied Natural Gas (LNG) Overview
1.1 Introduction
1.2 Properties
1.3 Value Chain
1.4 End Users and Applications

2. Global Liquefied Natural Gas (LNG) Market
2.1 Global LNG Liquefaction Capacity
2.2 Global LNG Liquefaction Capacity Forecast
2.3 Global LNG Market Forecast by Value
2.4 Global LNG Supply Volume Forecast
2.5 Global LNG Demand Volume
2.6 Global LNG Demand Volume Forecast
2.7 Global LNG Exports Volume Forecast
2.8 Global LNG Exports Volume by Region
2.9 Global LNG Imports Volume Forecast
2.10 Global LNG Imports Volume by Region

3. Regional Liquefied Natural Gas (LNG) Market
3.1 Asia Pacific
3.1.1 Asia-Pacific LNG Liquefaction Capacity Volume
3.1.2 Asia-Pacific LNG Liquefaction Capacity Volume Forecast
3.1.3 Asia-Pacific LNG Demand Volume
3.1.4 Asia-Pacific LNG Demand Volume Forecast
3.1.5 Australia LNG Liquefaction Capacity Volume Forecast
3.1.6 Australia LNG Exports Volume Forecast
3.1.7 Western Australia LNG Market by Value
3.1.8 Western Australia LNG Market Forecast by Value
3.1.9 Western Australia LNG Market by Volume
3.1.10 Western Australia LNG Market Forecast by Volume
3.1.11 Western Australia LNG Exports Volume Forecast
3.1.12 Japan LNG Demand Volume
3.1.13 Japan LNG Demand Volume Forecast
3.1.14 Japan LNG Imports Volume
3.1.15 Japan LNG Imports Volume Forecast
3.1.16 South Korea LNG Demand Volume
3.1.17 South Korea LNG Demand Volume Forecast
3.1.18 South Korea LNG Imports Volume
3.1.19 South Korea LNG Imports Volume Forecast
3.1.20 China LNG Demand Volume
3.1.21 China LNG Demand Volume Forecast
3.1.22 China LNG Imports Volume
3.1.23 China LNG Imports Volume Forecast
3.1.24 India LNG Demand Volume
3.1.25 India LNG Demand Volume Forecast
3.1.26 India LNG Imports Volume
3.1.27 India LNG Imports Volume Forecast
3.2 Middle East
3.2.1 Middle East LNG Liquefaction Capacity Volume
3.2.2 Middle East LNG Liquefaction Capacity Volume Forecast
3.2.3 Middle East LNG Demand Volume
3.2.4 Middle East LNG Demand Volume Forecast
3.2.5 Middle East LNG Imports Volume
3.2.6 Middle East LNG Imports Volume Forecast
3.2.7 Qatar LNG Liquefaction Capacity Volume
3.2.8 Qatar LNG Liquefaction Capacity Volume Forecast
3.2.9 Qatar LNG Exports Volume Forecast
3.3 Europe
3.3.1 Europe LNG Liquefaction Capacity Volume
3.3.2 Europe LNG Liquefaction Capacity Volume Forecast
3.3.3 Europe LNG Demand Volume
3.3.4 Europe LNG Demand Volume Forecast
3.3.5 Europe LNG Imports Volume
3.3.6 Europe LNG Imports Volume Forecast
3.3.7 Southern Europe LNG Imports Volume Forecast
3.3.8 North-Western Europe LNG Imports Volume Forecast
3.3.9 Russia LNG Exports Volume Forecast
3.4 The Americas
3.4.1 The Americas LNG Liquefaction Capacity Volume
3.4.2 The Americas LNG Liquefaction Capacity Volume Forecast
3.4.3 The Americas LNG Demand Volume
3.4.4 The Americas LNG Demand Volume Forecast
3.4.5 The Americas LNG Imports Volume
3.4.6 The Americas LNG Imports Volume Forecast
3.4.7 The U.S. LNG Exports Volume Forecast
3.5 Africa
3.5.1 Africa LNG Liquefaction Capacity Volume
3.5.2 Africa LNG Liquefaction Capacity Volume Forecast
3.5.3 Africa LNG Demand Volume
3.5.4 Africa LNG Demand Volume Forecast

4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Energy Consumption
4.1.2 Growing Urban Population
4.1.3 Increasing Demand of Natural Gas Vehicles
4.1.4 Accelerating Economic Growth
4.1.5 Growing Preference for LNG in Developing Economies
4.2 Key Trends and Developments
4.2.1 Evolving LNG Export Capacity Additions
4.2.2 Growing Demand for LNG Bunkering
4.2.3 Progressing LNG Projects
4.2.4 Growing LNG Spot Market
4.2.5 Increasing Shift towards Modular Technology
4.3 Challenges
4.3.1 Expiration of Exports Contracts
4.3.2 Stringent Regulations
4.3.3 Lack of Infrastructure Facilities

5. Competitive Landscape
5.1 Global Market
5.1.1 Revenue and Market Cap Comparison
5.1.2 Global LNG Sales including Third-Party Offtake by Company

6. Company Profiles
6.1 Equinor ASA
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Gazprom Group
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 Royal Dutch Shell Plc
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 Exxon Mobil Corporation
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies
6.5 British Petroleum Plc
6.5.1 Business Overview
6.5.2 Financial Overview
6.5.3 Business Strategies
6.6 Chevron Corporation
6.6.1 Business Overview
6.6.2 Financial Overview
6.6.3 Business Strategies

List of Tables

Properties of LNG
LNG End Users and Applications
Key Players - Revenue & Market Cap Comparison (2018)

List of Figures

Composition of LNG
LNG Value Chain
Global LNG Liquefaction Capacity (2014-2018)
Global LNG Liquefaction Capacity Forecast (2019-2023)
Global LNG Market Forecast by Value (2018-2023)
Global LNG Supply Volume Forecast (2018-2023)
Global LNG Demand Volume (2014-2018)
Global LNG Demand Volume Forecast (2019-2023)
Global LNG Exports Volume Forecast (2018-2023)
Global LNG Exports Volume by Region (2018)
Global LNG Imports Volume Forecast (2018-2023)
Global LNG Imports Volume by Region (2018)
Asia- Pacific LNG Liquefaction Capacity Volume (2014-2018)
Asia- Pacific LNG Liquefaction Capacity Volume Forecast (2019-2023)
Asia-Pacific LNG Demand Volume (2014-2018)
Asia- Pacific LNG Demand Volume Forecast (2019-2023)
Australia LNG Liquefaction Capacity Volume Forecast (2018-2023)
Australia LNG Exports Volume Forecast (2018-2023)
Western Australia LNG Market by Value (2014-2018)
Western Australia LNG Market Forecast by Value (2019-2023)
Western Australia LNG Market by Volume (2014-2018)
Western Australia LNG Market Forecast by Volume (2019-2023)
Western Australia LNG Exports Volume Forecast (2018-2023)
Japan LNG Demand Volume (2014-2018)
Japan LNG Demand Volume Forecast (2019-2023)
Japan LNG Imports Volume (2014-2018)
Japan LNG Imports Volume Forecast (2019-2023)
South Korea LNG Demand Volume (2014-2018)
South Korea LNG Demand Volume Forecast (2019-2023)
South Korea LNG Imports Volume (2014-2018)
South Korea LNG Imports Volume Forecast (2019-2023)
China LNG Demand Volume (2014-2018)
China LNG Demand Volume Forecast (2019-2023)
China LNG Imports Volume (2014-2018)
China LNG Imports Volume Forecast (2019-2023)
India LNG Demand Volume (2014-2018)
India LNG Demand Volume Forecast (2019-2023)
India LNG Imports Volume (2014-2018)
India LNG Imports Volume Forecast (2019-2023)
Middle East LNG Liquefaction Capacity Volume (2014-2018)
Middle East LNG Liquefaction Capacity Volume Forecast (2019-2023)
Middle East LNG Demand Volume (2014-2018)
Middle East LNG Demand Volume Forecast (2019-2023)
Middle East LNG Imports Volume (2014-2018)
Middle East LNG Imports Volume Forecast (2019-2023)
Qatar LNG Liquefaction Capacity Volume (2014-2018)
Qatar LNG Liquefaction Capacity Volume Forecast (2019-2023)
Qatar LNG Exports Volume Forecast (2018-2023)
Europe LNG Liquefaction Capacity Volume (2014-2018)
Europe LNG Liquefaction Capacity Volume Forecast (2019-2023)
Europe LNG Demand Volume (2014-2018)
Europe LNG Demand Volume Forecast (2019-2023)
Europe LNG Imports Volume (2014-2018)
Europe LNG Imports Volume Forecast (2019-2023)
Southern Europe LNG Imports Volume Forecast (2018-2023)
North-Western Europe LNG Imports Volume Forecast (2018-2023)
Russia LNG Exports Volume Forecast Volume Forecast (2018-2023)
The Americas LNG Liquefaction Capacity Volume (2014-2018)
The Americas LNG Liquefaction Capacity Volume Forecast (2019-2023)
The Americas LNG Demand Volume (2014-2018)
The Americas LNG Demand Volume Forecast (2019-2023)
The Americas LNG Imports Volume (2014-2018)
The Americas LNG Imports Volume Forecast (2019-2022)
The U.S. LNG Exports Volume Forecast (2018-2023)
Africa LNG Liquefaction Capacity Volume (2014-2018)
Africa LNG Liquefaction Capacity Volume Forecast (2019-2023)
Africa LNG Demand Volume (2014-2018)
Africa LNG Demand Volume Forecast (2019-2023)
Global Primary Energy Consumption (2014-2018)
Global Urban Population (2014-2018)
Global Natural Gas Vehicles in Operation (2014-2018)
Global GDP per Capita (2014-2018)
Global LNG Export Capacity Additions (2014-2018)
Global LNG Bunkering (2018-2023)
Global LNG Projects (2017-2020)
Total LNG Spot and Short Term Volume (2014-2018)
Global LNG Exports Contracts Roll-Off (2014-2018)
Global LNG Sales including Third-Party Offtake by Company (2018-2023F)
Equinor ASA Revenue Share by Segments (2018)
Equinor ASA Revenue Share by Country (2018)
Equinor ASA Revenue and Net Income (Loss)(2014-2018)
Gazprom Group Sales Share by Segments (2018)
Gazprom Group Sales and Net Income (2014-2018
Royal Dutch Shell Plc Revenues by Business Segments (2018)
Royal Dutch Shell Plc Revenues by Origin (2018)
Royal Dutch Shell Plc Revenues and Income (2014-2018)
Exxon Mobil Corporation Revenues by Business Segments (2018)
Exxon Mobil Corporation Revenues by Geographical Segments (2018)
Exxon Mobil Corporation Revenues and Net Income (2014-2018)
British Petroleum Plc Revenues by Business Segments (2018)
British Petroleum Plc Revenues by Geographical Area (2018)
British Petroleum Plc Revenues and Profit (Loss) (2014-2018)
Chevron Corporation Sales by Business Segments (2017)
Chevron Corporation Upstream Sales by Geographical Area (2018)
Chevron Corporation Downstream Sales by Geographical Area (2018)
Chevron Corporation Sales and Net Income (Loss) (2014-2018)

  • Global Coal Bed Methane (CBM) Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 133
    According to our LPI (LP Information) latest study, the global Coal Bed Methane (CBM) market size was valued at US$ 17340 million in 2023. With growing demand in downstream market, the Coal Bed Methane (CBM) is forecast to a readjusted size of US$ 25230 million by 2030 with a CAGR of 5.5% during review period. The research report highlights the growth potential of the global Coal Bed Methane (CBM) market. Coal Bed Methane (CBM) are expected to show stable growth in the future market. How......
  • Global LNG Filling Stations Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 87
    According to our LPI (LP Information) latest study, the global LNG Filling Stations market size was valued at US$ million in 2023. With growing demand in downstream market, the LNG Filling Stations is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth potential of the global LNG Filling Stations market. LNG Filling Stations are expected to show stable growth in the future market. However, product differenti......
  • Global Compressed Natural Gas (CNG) Cylinders Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 115
    According to our LPI (LP Information) latest study, the global Compressed Natural Gas (CNG) Cylinders market size was valued at US$ 926.4 million in 2023. With growing demand in downstream market, the Compressed Natural Gas (CNG) Cylinders is forecast to a readjusted size of US$ 1462.8 million by 2030 with a CAGR of 6.7% during review period. The research report highlights the growth potential of the global Compressed Natural Gas (CNG) Cylinders market. Compressed Natural Gas (CNG) Cylin......
  • Global Coal Bed Methane (CBM) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
    Published: 01-Jan-2024        Price: US 3480 Onwards        Pages: 138
    According to our (Global Info Research) latest study, the global Coal Bed Methane (CBM) market size was valued at USD 18240 million in 2023 and is forecast to a readjusted size of USD 25790 million by 2030 with a CAGR of 5.1% during review period. CBM refers to methane that is found in coal seams. It is formed during the process of coalification, the transformation of plant material into coal. CBM is also known as virgin coal seam methane or coal seam gas. It is widely considered an "unc......
  • Global LNG Truck Market (2024 Edition): Analysis By Value and Volume, Truck Type (Tractor Truck, Dump Truck, Others), Weight Type (Light, Medium, Heavy), By Application, By Region, By Country: Market Insights and Forecast (2019-2029)
    Published: 01-Jan-2024        Price: US 2450 Onwards        Pages: 260
    Executive Summary Azoth Analytics has released a research report titled "Global LNG Truck Market (2023 Edition)" which provides a complete analysis of the Global LNG Truck industry in terms of value and volume (number of LNG trucks), market segmentation by Type (Tractor Truck, Dump Truck, Other Types), Application (Construction and Mining, Freight and Logistics and Other Applications), Weight Type (Light Truck, Medium Truck and Heavy Truck) for the historical period of 2019-2022, ......
  • Global Floating LNG Market Research Report 2024 (Status and Outlook)
    Published: 15-Dec-2023        Price: US 3200 Onwards        Pages: 108
    Report Overview: The FLNG is one of the methods for developing offshore natural gas fields in which the natural gas is extracted from the seabed, then processed, liquefied, and stored on a floating vessel that will be moored permanently over the field. The stored liquefied natural gas (LNG) will be offloaded to a tanker and taken directly to the market. The Global Floating LNG Market Size was estimated at USD 9459.30 million in 2022 and is projected to reach USD 12616.33 million by 2......
  • Global Floating LNG Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 14-Nov-2023        Price: US 3380 Onwards        Pages: 122
    Market Overview of Global Floating LNG market: According to our latest research, the global Floating LNG market looks promising in the next 5 years. As of 2022, the global Floating LNG market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years. This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Floating LNG market, with a systema......
  • Global Compressed Natural Gas (CNG) Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
    Published: 07-Nov-2023        Price: US 3380 Onwards        Pages: 117
    Market Overview of Global Compressed Natural Gas (CNG) market: According to our latest research, the global Compressed Natural Gas (CNG) market looks promising in the next 5 years. As of 2022, the global Compressed Natural Gas (CNG) market was estimated at USD 40473.37 million, and it's anticipated to reach USD 175020.63 million in 2028, with a CAGR of 27.64% during the forecast years. Compressed natural gas is natural gas for fuel. As an alternative energy source for oil, it......
  • Global Coal Bed Methane (CBM) Professional Survey Report 2023, Forecast to 2028
    Published: 06-Nov-2023        Price: US 3280 Onwards        Pages: 138
    Coalbed methane, coalbed methane, coalbed methane or coal mine methane is a form of natural gas extracted from coal seams. In recent decades, it has become an important energy source for the United States, Canada, Australia and other countries. The term refers to methane adsorbed into the solid matrix of coal. Because it does not contain hydrogen sulfide, it is called "sweet gas". Our market research experts provide qualitative and quantitative analysis of the market based on involving ec......
    • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs