Liquefied Natural Gas Market Size, Share, Analysis and Forecast, 2030

1. Liquefied Natural Gas (LNG) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

2. Liquefied Natural Gas (LNG) Market has witnessed considerable growth as it reached 390 million tonnes in 2020 and is projected to achieve a CAGR of 5.00% in the next ten years until 2030. Liquefied Natural Gas (LNG) is a cooled-down liquid form of natural gas. LNG is approximate -162ºC in temp. and widely used for storage and transportation purposes. It is usually odorless, colorless, non-corrosive, and non-toxic in nature. The liquefaction process of natural gas involves the removal of certain components including helium, dust, hydrogen sulfide, carbon dioxide, benzene, water, heavy hydrocarbons, and other components that can freeze under low temperatures, which is then condensed into liquid form by cooling it to −260° Fahrenheit. Developments made in the production processes; cryogenic storage are opening new opportunities for commercializing natural gas into the market across the globe. Liquefied Natural Gas finds its applications in heating homes, electric power plants, manufacturing of chemicals and fertilizers, and fuel trucks, cruise ships, cargo vessels, and others. The emergence of large-scale cryogenic storage made it possible to create long-term gas storage reserves. These reserves of Liquefied Gas are the main means for networks to handle local peak requirements. LNG is primarily used to store and transport natural gas from the source to a destination. LNG is likely to become a mainstream fuel for transportation needs. It is currently being evaluated for over-the-road trucking, off-road, marine, and train applications. Based on the application, the Liquefied Natural Gas market is segmented into transportation fuel, power generation, and others. The transportation fuel segment dominates the LNG market owing to the increasing usage of LNG as a fuel in vehicles, especially in the Asia Pacific region. As China is the major consumer of LNG, therefore there is high demand for LNG in the Asia Pacific region. Rising demand for LNG for power generation purposes as it is piped into homes, businesses, and industries where it is burnt for heat or to generate electricity, is expected the augment the market of LNG around the world in upcoming years. A number of power generation projects, especially in emerging countries like China, India, and others, are expected to fuel the demand for LNG in the forecast years. The Liquefied Natural Gas market was negatively affected globally due to the outbreak of COVID-19. Leading authorities in different countries imposed countrywide lockdowns and strict regulations, which led to the decline in demand and sales of Liquefied Natural Gas during the first half of 2020. Power generation facilities were severely affected due to the coronavirus pandemic. There was a halt in the transportation services which resulted in zero shipments of natural gases during the lockdown. As soon as the operation resumes, the demand for LNG in end-use industries is likely to boost the global market in the future. Among different regions, the Asia Pacific region holds the major share in the Liquefied Natural Gas market across the globe due to the continuously increasing investments in LNG infrastructure development and rising awareness about the benefits of eco-friendly products across various end-use industries. The demand for LNG is likely to boost in India due to the increasing consumption of gas-based facilities along with the robust growth of the economy, which will fuel the LNG market in the Asia Pacific region. The demand for LNG is rapidly increasing in Europe, as Russia is becoming a dominating player in transporting fuel to remote locations.

3. Key Players: • • • • • • • • • • • • • • Total ChevronCorporation Exxon Mobil Corporation Petronet LNG Limited Royal Dutch Shell China National PetroleumCorporation PetroleumNasional Berhad (PETRONAS) Snam SPA PetroChinaCompany Limited Equinor ASA Gazprom China Petroleum& Chemical Corporation Eni SpA ConocoPhillips Company, and Others. Years considered for this report: Historical Period: 2015-2019 Base Year: 2020 Estimated Year: 2021 Forecast Period: 2022–2030 Objective of the Study: The primary objective of the study was to evaluate and forecast LPG capacity, production, demand, and demand-supply gap globally.

5. • To analyse and forecast the market size of Liquefied Natural Gas. • To classify and forecast Liquefied Natural Gas market based on application, end-use and regional distribution. • To identify drivers and challenges for Liquefied Natural Gas market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Liquefied Natural Gas market. • To identify and analyse the profile of leading players involved in the manufacturing of Liquefied Natural Gas.

6. Report Scope: In this report, Liquefied Natural Gas market has been segmented into following categories, in addition to the industry trends which have also been detailed below: Attribute Market size volume in 2020 Growth Rate Base year for estimation Historic Data Forecast period Quantitative units Report coverage Details 390 million tons CAGR of 5.00% from 2021 to 2030 2020 2015 – 2019 2022 – 2030 Demand in tons and CAGR from 2021 to 2030 Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends Segments covered 1• By Application (Transportation Fuel, Power Generation, and Others) 2• By End-Use (Heating Homes and Businesses, Fertilizers, Chemicals, Power Generation, and Others) 3• By Sales Channel (Direct Company Sale, Direct Import, Distributors & Traders) Regional scope Country scope North America; Europe; Asia Pacific; South America; Middle East & Africa United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina Key companies profiled Total, Chevron Corporation, Exxon Mobil Corporation, Petronet LNG Limited, Royal Dutch Shell, China National Petroleum Corporation, Petroleum Nasional Berhad (PETRONAS), Snam SPA, PetroChina Company Limited, Equinor ASA, Gazprom, China Petroleum & Chemical Corporation, Eni SpA, ConocoPhillips Company, and Others. Free report customization with purchase. Addition or alteration to country, regional & segment scope. Customization scope Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options

7. TABLE OF CONTENTS: • • • • Global Liquefied Natural Gas Market Outlook, 2015-2030 Global Liquefied Natural Gas Demand Outlook, 2015-2030, By Volume North America Liquefied Natural Gas Market Outlook, 2015-2030 North America Liquefied Natural Gas Demand Outlook, 2015-2030, By Volume Asia Pacific Liquefied Natural Gas Market Outlook, 2015-2030 Asia Pacific Liquefied Natural Gas Demand Outlook, 2015-2030, By Volume Europe Liquefied Natural Gas Market Outlook, 2015-2030 Europe Liquefied Natural Gas Demand Outlook, 2015-2030, By Volume MEA Liquefied Natural Gas Market Outlook, 2015-2030 MEA Liquefied Natural Gas Demand Outlook, 2015-2030, By Volume South America Liquefied Natural Gas Market Outlook, 2015-2030 South America Liquefied Natural Gas Demand Outlook, 2015-2030, By Volume Country-wise Import Country-wise Export News and Deals • • • • • • • • • • • • View Full TOC @ Liquefied Natural Gas (LNG) Market Research Report

8. METHODOLOGY METHODOLOGY

9. ChemAnalyst identify firm planned capacities, planned expansions and closures in identified geographies and also provide list of idling capacities wherever wise product demand profile based on past user industry data, capacity utilization & year-wise growth rates for last 10 years including current year. applicable. ChemAnalyst derive segment- Finally, ChemAnalyst project future growth considering potential new applications up to next 15 years, along with detailed basis / assumption for arriving at the projected growth rates. Current sources of products’ import along with logistics details of shipping aspect, inland transportation and cost details has been taken through primary research. Export destinations to be targeted based on market study have been listed. Details of shipping aspect, inland transportation and cost details etc. will be based on primary research. Demand = Production + Import – Export – Inventory Demand Supply Gap = Production - Demand ChemAnalyst Research perform periodical checks on data being collected through surveys with logic checks and analyze survey results and data generated through its proprietary database. ChemAnalyst will also use data triangulation technique to fill the gaps and to present the more meaning picture of the market. ChemAnalyst will deliver the final comprehensive project report in online digital format.

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