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Liquified Natural Gas (LNG) Market Report 2023-2033

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    Report

  • 345 Pages
  • April 2023
  • Region: Global
  • Visiongain
  • ID: 5806093
The Liquified Natural Gas (LNG) Market Report 2023-2033: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Important Trend in the LNG Market Is the Growing Number of New Liquefaction Projects

The liquefied natural gas (LNG) market has grown rapidly in recent years and is expected to continue to do so in the coming years. The demand for LNG is driven by several factors, including the increasing need for cleaner energy sources, the growth of natural gas production, and the expansion of the global energy market.

One of the major trends in the LNG market is the increasing demand from Asia, particularly China and India. These countries are experiencing significant economic growth, leading to an increase in energy demand. The increasing use of natural gas in the power generation sector, coupled with the rise in demand for cleaner-burning fuels, has led to a surge in LNG imports.

Another important trend in the LNG market is the growing number of new liquefaction projects. Several countries, including the United States, Russia, and Qatar, have invested heavily in new LNG projects in recent years. These projects are aimed at increasing LNG production capacity and meeting the growing demand for LNG.

Despite the growth potential of the LNG market, there are several challenges that need to be addressed. One of the major challenges is the high cost of building new LNG infrastructure, such as liquefaction plants, regasification terminals, and shipping vessels. The volatility of LNG prices is also a concern, as it makes it difficult for buyers and sellers to plan for the future.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the liquified natural gas (LNG) market evolving?
  • What is driving and restraining the liquified natural gas (LNG) market?
  • How will each liquified natural gas (LNG) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
  • How will the market shares for each liquified natural gas (LNG) submarket develop from 2023 to 2033?
  • What will be the main driver for the overall market from 2023 to 2033?
  • Will leading liquified natural gas (LNG) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the liquified natural gas (LNG) projects for these leading companies?
  • How will the industry evolve during the period between 2023 and 2033?What are the implications of liquified natural gas (LNG) projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the liquified natural gas (LNG) market?
  • Where is the liquified natural gas (LNG) market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the liquified natural gas (LNG) market today, and over the next 10 years:

  • Our 345-page report provides 165 tables and 207 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the liquified natural gas (LNG) market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2033, the new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising liquified natural gas (LNG) prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by

  • Value (US$ Billion)
  • Volume (BCM)

Market Segment by Transport Fuel

  • Heavy-Duty Vehicles
  • Passenger Vehicles
  • Marine Transport
  • Other Transport Fuel

Market Segment by End-Use

  • Domestic Use
  • Industrial Use
  • Commercial Use
  • Transportation Use
  • Utilities and Power Use
  • Other End-Use
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • Russia
  • United Kingdom
  • France
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Thailand
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Argentina
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Liquified Natural Gas (LNG) Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

  • BG Group plc
  • BP Plc
  • Chesapeake Energy Corporation
  • Chevron Corporation
  • ConocoPhillips Company
  • Eni S.p.A.
  • Equinor ASA
  • ExxonMobil Corporation
  • Gazprom PJSC
  • INPEX Corporation
  • Petronas Dagangan Berhad
  • Qatargas
  • Royal Dutch Shell Plc.
  • TotalEnergies SE
  • Woodside Energy Group Ltd
Overall world revenue for Liquified Natural Gas (LNG) Market, 2023 to 2033 in terms of value the market will surpass US$286.58 billion in 2023, this work calculates. We predict strong revenue growth through to 2033. this work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Liquified Natural Gas (LNG) Market, 2023 to 2033 report help you?

In summary, this 340+ page report provides you with the following knowledge:
  • Revenue forecasts to 2033 for Liquified Natural Gas (LNG) Market, 2023 to 2033 Market, with forecasts for market value, market volume, transport fuel, and end-use, each forecast at a global and regional level - discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2033 for four regional and 20 key national markets - See forecasts for the Liquified Natural Gas (LNG) Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Russia, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Liquified Natural Gas (LNG) Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only this report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. The study is for everybody needing commercial analyses for the Liquified Natural Gas (LNG) Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.

Table of Contents

1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Liquified Natural Gas Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who is This Report for?
1.7 Research Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About
2 Executive Summary
2.1 Segment analysis
2.1.1 Transport Fuel Segment: Market Attractiveness Index
2.1.2 End-Use Segment: Market Attractiveness Index
2.2 Regional Analysis
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 High Demand for Small-Scale Liquefied Natural Gas (LNG)
3.2.1.2 Clean Energy Demand
3.2.2 Market Restraining Factors
3.2.2.1 Oversupply: A Major Cause of Concern
3.2.2.2 Geopolitical Uncertainty Leading to Low Rate of Growth
3.2.2.3 Environmental Concerns as a Restraint to the Growth of LNG Market
3.2.3 Market Opportunities
3.2.3.1 Technology and Government Policy Integration
3.2.3.2 Improved Economics Aiding the Growth of the LNG Market
3.2.3.3 Fuel Flexibility is Aided by LNG Infrastructure
3.3 COVID-19 Impact Analysis
3.3.1 V-Shaped Recovery
3.3.2 W-Shaped Recovery
3.3.3 U-Shaped Recovery
3.3.4 L-Shaped Recovery
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Competitive Rivalry
3.4.4 Threat from Substitutes
3.4.5 Threat of New Entrants
3.5 PEST Analysis
3.5.1 Political Factors
3.5.2 Economic Factors
3.5.3 Social Factors
3.5.4 Technological Factors
4 Liquified Natural Gas Market Analysis by Transport Fuel
4.1 Key Findings
4.2 Transport Fuel Segment: Market Attractiveness Index
4.3 Liquified Natural Gas Market Size Estimation and Forecast by Transport Fuel
4.4 Heavy-Duty Vehicles Market
4.4.1 Market Size by Region, 2023-2033 (US$ bn)
4.4.2 Market Share by Region, 2023 & 2033 (%)
4.5 Passenger Vehicles Market
4.5.1 Market Size by Region, 2023-2033 (US$ bn)
4.5.2 Market Share by Region, 2023 & 2033 (%)
4.6 Marine Transport Market
4.6.1 Market Size by Region, 2023-2033 (US$ bn)
4.6.2 Market Share by Region, 2023 & 2033 (%)
4.7 Other Transport Fuel Market
4.7.1 Market Size by Region, 2023-2033 (US$ bn)
4.7.2 Market Share by Region, 2023 & 2033 (%)
5 Liquified Natural Gas Market Analysis by End-Use
5.1 Key Findings
5.2 End-Use Segment: Market Attractiveness Index
5.3 Liquified Natural Gas Market Size Estimation and Forecast by End-Use
5.4 Domestic Use Market
5.4.1 Market Size by Region, 2023-2033 (US$ bn)
5.4.2 Market Share by Region, 2023 & 2033 (%)
5.5 Industrial Use Market
5.5.1 Market Size by Region, 2023-2033 (US$ bn)
5.5.2 Market Share by Region, 2023 & 2033 (%)
5.6 Commercial Use Market
5.6.1 Market Size by Region, 2023-2033 (US$ bn)
5.6.2 Market Share by Region, 2023 & 2033 (%)
5.7 Transportation Use Market
5.7.1 Market Size by Region, 2023-2033 (US$ bn)
5.7.2 Market Share by Region, 2023 & 2033 (%)
5.8 Utilities and Power Use Market
5.8.1 Market Size by Region, 2023-2033 (US$ bn)
5.8.2 Market Share by Region, 2023 & 2033 (%)
5.9 Other End-Use Market
5.9.1 Market Size by Region, 2023-2033 (US$ bn)
5.9.2 Market Share by Region, 2023 & 2033 (%)
6 Liquified Natural Gas Market Analysis by Region
6.1 Key Findings
6.2 Regional Market Size Estimation and Forecast
6.3 Global Liquified Natural Gas (LNG) Market by Region
6.4 Global Liquified Natural Gas (LNG) Market by Transport Fuel
6.5 Global Liquified Natural Gas (LNG) Market by End-Use
7 North America Liquified Natural Gas Market Analysis
7.1 Key Findings
7.2 North America Liquified Natural Gas Market Attractiveness Index
7.3 North America Liquified Natural Gas Market Size Estimation and Forecast by Value
7.4 North America Liquified Natural Gas (LNG) Market by Country
7.5 North America Liquified Natural Gas (LNG) Market by Transport Fuel
7.6 North America Liquified Natural Gas (LNG) Market by End-Use
7.7 U.S. Liquified Natural Gas Market Analysis
7.8 Canada Liquified Natural Gas Market Analysis
8 Europe Liquified Natural Gas Market Analysis
8.1 Key Findings
8.2 Europe Liquified Natural Gas Market Attractiveness Index
8.3 Europe Liquified Natural Gas Market Size Estimation and Forecast by Value
8.4 Europe Liquified Natural Gas (LNG) Market by Country
8.5 Europe Liquified Natural Gas (LNG) Market by Transport Fuel
8.6 Europe Liquified Natural Gas (LNG) Market by End-Use
8.7 Russia Liquified Natural Gas Market Analysis
8.8 Germany Liquified Natural Gas Market Analysis
8.9 Italy Liquified Natural Gas Market Analysis
8.10 UK Liquified Natural Gas Market Analysis
8.11 France Liquified Natural Gas Market Analysis
8.12 Rest of Europe Liquified Natural Gas Market Analysis
9 Asia Pacific Liquified Natural Gas Market Analysis
9.1 Key Findings
9.2 Asia Pacific Liquified Natural Gas Market Attractiveness Index
9.3 Asia Pacific Liquified Natural Gas Market Size Estimation and Forecast by Value
9.4 Asia-Pacific Liquified Natural Gas (LNG) Market by Country
9.5 Asia-Pacific Liquified Natural Gas (LNG) Market by Transport Fuel
9.6 Asia-Pacific Liquified Natural Gas (LNG) Market by End-Use
9.7 China Liquified Natural Gas Market Analysis
9.8 Japan Liquified Natural Gas Market Analysis
9.9 South Korea Liquified Natural Gas Market Analysis
9.10 India Liquified Natural Gas Market Analysis
9.11 Thailand Liquified Natural Gas Market Analysis
9.12 Rest of Asia Pacific Liquified Natural Gas Market Analysis
10 Middle East & Africa Liquified Natural Gas Market Analysis
10.1 Key Findings
10.2 Middle East & Africa Liquified Natural Gas Market Attractiveness Index
10.3 Middle East & Africa Liquified Natural Gas Market Size Estimation and Forecast by Value
10.4 Middle East & Africa Liquified Natural Gas (LNG) Market by Country
10.5 Middle East & Africa Liquified Natural Gas (LNG) Market by Transport Fuel
10.6 Middle East & Africa Liquified Natural Gas (LNG) Market by End-Use
10.7 GCC Liquified Natural Gas Market Analysis
10.8 South Africa Liquified Natural Gas Market Analysis
10.9 Rest of Middle East & Africa Liquified Natural Gas Market Analysis
11 Latin America Liquified Natural Gas Market Analysis
11.1 Key Findings
11.2 Latin America Liquified Natural Gas Market Attractiveness Index
11.3 Latin America Liquified Natural Gas Market Size Estimation and Forecast by Value
11.4 Latin America Liquified Natural Gas (LNG) Market by Country
11.5 Latin America Liquified Natural Gas (LNG) Market by Transport Fuel
11.6 Latin America Liquified Natural Gas (LNG) Market by End-Use
11.7 Argentina Liquified Natural Gas Market Analysis
11.8 Mexico Liquified Natural Gas Market Analysis
11.9 Rest of Latin America Liquified Natural Gas Market Analysis
12 Company Profiles
12.1 Competitive Landscape, 2022
12.2 Strategic Outlook
12.2.1 Acquisitions as Key Business Strategy
12.2.2 Partnership as Key Business Strategy
12.2.3 Collaboration as Key Business Strategy
12.2.4 New Product Launch as Key Business Strategy
12.2.5 Expansion as Key Business Strategy
12.3 Royal Dutch Shell Plc.
12.3.1 Company Snapshot
12.3.2 Company Overview
12.3.3 Financial Analysis
12.3.3.1 Net Revenue, 2018-2022
12.3.3.2 R&D, 2018-2022
12.3.3.3 Regional Market Shares, 2022
12.3.3.4 Business Segment Market Shares, 2022
12.3.4 Product Benchmarking
12.3.5 Strategic Outlook
12.4 Gazprom PJSC
12.4.1 Company Snapshot
12.4.2 Company Overview
12.4.3 Product Benchmarking
12.4.4 Strategic Outlook
12.5 Petronas Dagangan Berhad
12.5.1 Company Snapshot
12.5.2 Company Overview
12.5.3 Product Benchmarking
12.5.4 Strategic Outlook
12.6 Equinor ASA
12.6.1 Company Snapshot
12.6.2 Company Overview
12.6.3 Financial Analysis
12.6.3.1 Net Revenue, 2018-2022
12.6.3.2 R&D, 2018-2022
12.6.3.3 Regional Market Shares, 2022
12.6.3.4 Business Segment Market Shares, 2022
12.6.4 Strategic Outlook
12.7 ExxonMobil Corporation
12.7.1 Company Snapshot
12.7.2 Company Overview
12.7.3 Financial Analysis
12.7.3.1 Net Revenue, 2018-2022
12.7.3.2 R&D, 2018-2022
12.7.3.3 Regional Market Shares, 2022
12.7.3.4 Business Segment Market Shares, 2022
12.7.4 Product Benchmarking
12.7.5 Strategic Outlook
12.8 Chevron Corporation
12.8.1 Company Snapshot
12.8.2 Company Overview
12.8.3 Financial Analysis
12.8.3.1 Net Revenue, 2018-2022
12.8.3.2 R&D, 2018-2022
12.8.3.3 Regional Market Shares, 2022
12.8.3.4 Business Segment Market Shares, 2022
12.8.4 Product Benchmarking
12.8.5 Strategic Outlook
12.9 BP Plc
12.9.1 Company Snapshot
12.9.2 Company Overview
12.9.3 Financial Analysis
12.9.3.1 Net Revenue, 2018-2022
12.9.3.2 R&D, 2018-2022
12.9.3.3 Business Segment Market Shares, 2022
12.9.4 Product Benchmarking
12.10 TotalEnergies SE
12.10.1 Company Snapshot
12.10.2 Company Overview
12.10.3 Financial Analysis
12.10.3.1 Net Revenue, 2018-2022
12.10.3.2 R&D, 2018-2022
12.10.3.3 Regional Market Shares, 2022
12.10.3.4 Business Segment Market Shares, 2022
12.10.4 Product Benchmarking
12.10.5 Strategic Outlook
12.11 ConocoPhillips Company
12.11.1 Company Snapshot
12.11.2 Company Overview
12.11.3 Financial Analysis
12.11.3.1 Net Revenue, 2018-2022
12.11.3.2 R&D, 2018-2022
12.11.3.3 Regional Market Shares, 2022
12.11.3.4 Business Segment Market Shares, 2022
12.11.4 Product Benchmarking
12.11.5 Strategic Outlook
12.12 Eni S.p.A.
12.12.1 Company Snapshot
12.12.2 Company Overview
12.12.3 Financial Analysis
12.12.3.1 Net Revenue, 2018-2022
12.12.3.2 R&D, 2018-2022
12.12.3.3 Regional Market Shares, 2022
12.12.3.4 Business Segment Market Shares, 2022
12.12.4 Product Benchmarking
12.12.5 Strategic Outlook
12.13 Woodside Energy Group Ltd
12.13.1 Company Snapshot
12.13.2 Company Overview
12.13.3 Financial Analysis
12.13.3.1 Net Revenue, 2017-2021
12.13.3.2 Regional Market Shares, 2022
12.13.3.3 Business Segment Market Shares, 2022
12.13.4 Product Benchmarking
12.13.5 Strategic Outlook
12.14 BG Group plc
12.14.1 Company Snapshot
12.14.2 Company Overview
12.14.3 Financial Analysis
12.14.3.1 Net Revenue, 2018-2022
12.14.3.2 R&D, 2018-2022
12.14.3.3 Regional Market Shares, 2022
12.14.3.4 Business Segment Market Shares, 2022
12.14.4 Product Benchmarking
12.15 INPEX Corporation
12.15.1 Company Snapshot
12.15.2 Company Overview
12.15.3 Financial Analysis
12.15.3.1 Net Revenue, 2017-2021
12.15.3.2 R&D, 2017-2021
12.15.3.3 Regional Market Shares, 2021
12.15.3.4 Business Segment Market Shares, 2021
12.15.4 Product Benchmarking
12.15.5 Strategic Outlook
12.16 Chesapeake Energy Corporation
12.16.1 Company Snapshot
12.16.2 Company Overview
12.16.3 Financial Analysis
12.16.3.1 Net Revenue, 2018-2022
12.16.3.2 R&D, 2018-2022
12.16.3.3 Business Segment Market Shares, 2021
12.16.4 Product Benchmarking
12.17 Qatargas
12.17.1 Company Snapshot
12.17.2 Company Overview
12.17.3 Product Benchmarking
12.17.4 Strategic Outlook
13 Conclusion and Recommendations
13.1 Concluding Remarks from
13.2 Recommendations for Market Players

Companies Mentioned

  • BG Group plc
  • BP Plc
  • Chesapeake Energy Corporation
  • Chevron Corporation
  • ConocoPhillips Company
  • Eni S.p.A.
  • Equinor ASA
  • ExxonMobil Corporation
  • Gazprom PJSC
  • INPEX Corporation
  • Petronas Dagangan Berhad
  • Qatargas
  • Royal Dutch Shell Plc.
  • TotalEnergies SE
  • Woodside Energy Group Ltd
  • Anadarko Petroleum Corporation
  • Bechtel Corporation
  • BG Group
  • Bharat Petroleum Corporation Limited (BPCL)
  • Cheniere Energy, Inc.
  • China National Offshore Oil Corporation (CNOOC)
  • China National Petroleum Corporation (CNPC)
  • CNOOC Limited
  • Concho Resources Inc.
  • ConocoPhillips
  • Dominion Cove Point LNG, LP
  • Dominion Energy
  • Dominion Energy Cove Point LNG, LP
  • ENI S.p.A.
  • ENN Energy Holdings Limited
  • Equinor
  • Freeport LNG
  • Gasum Oy
  • Gazprom
  • Golar LNG
  • Hyundai Heavy Industries Co. Ltd.
  • JERA Co. Inc.
  • Kinder Morgan, Inc.
  • Korea Gas Corporation
  • LNG Canada
  • Marubeni Corporation
  • Mitsubishi Corporation
  • NextDecade Corporation
  • Novatek
  • Occidental Petroleum Corporation
  • Origin Energy
  • Petróleo Brasileiro S.A. (Petrobras)
  • Petronas
  • PTT Public Company Limited
  • Qatar Petroleum
  • Repsol
  • Royal Vopak N.V.
  • Santos Ltd.
  • Sempra Energy
  • Shell Gas B.V.
  • Sinopec
  • Tellurian Inc.
  • Tokyo Gas Co. Ltd.
  • Venture Global LNG, Inc.
  • Woodside Petroleum
  • American Gas Association (AGA)
  • Gas Exporting Countries Forum (GECF)
  • Gas Processors Association (GPA)
  • Gas Technology Institute (GTI)
  • Global Gas Analytics (GGA)
  • International Association of Classification Societies (IACS)
  • International Association of Dredging Companies (IADC)
  • International Association of Energy Economics (IAEE)
  • International Association of LNG Suppliers (IALNGS)
  • International Association of Oil and Gas Producers (IOGP)
  • International Energy Agency (IEA)
  • International Energy Forum (IEF)
  • International Gas Research Conference (IGRC)
  • International Gas Union (IGU)
  • International Gas Union Research Conference (IGRC)
  • International Group of Liquefied Natural Gas Importers (GIIGNL)
  • LNG Bunkering & Refuelling Association (LNG BFR)
  • LNG Marine Fuel Institute (LNG MFI)
  • LNG Producers Association (LNGPA)
  • National Association of Regulatory Utility Commissioners (NARUC)
  • Society for Gas as a Marine Fuel (SGMF)
  • Society of Gas Lighters (SGL)
  • Society of International Gas Tanker and Terminal Operators (SIGTTO)
  • The LNG Marine Fuel Institute (LNG MFI)
  • World LNG Report