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Global Liquefied natural gas Market 2023 Business Strategies, Competitive Landscape, Industry Development And Leading Key Players Till 2032 | BP PLC, Chevron Corporation, Eni SpA, Exxon Mobil Corporation, Total Energies
Liquefied natural gas Market
Liquefied natural gas Market Size, Growth Rate, And Forecast:
The global liquefied natural gas market size is expected to grow from $121.94 billion in 2022 to $132.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global liquefied natural gas market size is expected to reach $178.86 billion in 2027 at a CAGR of 7.7%.
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Liquefied natural gas Market Drivers:
The rising demand for liquefied natural gas is projected to expand the growth of the liquefied natural gas market going forward. Liquefied natural gas is produced by purifying natural gas and transforming it to -260°F. It is natural gas that has gone through cooling to become liquid. The rising demand for growing motor petrol use, and increasing big semi-urban and rural population will boost the demand for liquefied natural gas market growth.
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Liquefied natural gas Market Segments:
By Type: APCI Liquefaction Technology, Cascade Liquefaction Technology, Other Liquefaction Technology
By Application: Power Generation, Transportation Fuel, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Liquefied natural gas Market.
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Liquefied natural gas Market Key Players:
Major competitors in the liquefied natural gas market include BP PLC, Chevron Corporation, Eni SpA, Exxon Mobil Corporation, Total Energies, Cheniere Energy Inc., ConocoPhillips Company.
The Business Research Company's "Global Liquefied natural gas Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Liquefied natural gas Market Include:
1. Executive Summary
2. Liquefied Natural Gas Market Characteristics
3. Liquefied Natural Gas Market Trends And Strategies
4. Liquefied Natural Gas Market - Macro Economic Scenario
5. Liquefied Natural Gas Market Size And Growth
……
25. Key Mergers And Acquisitions In The Liquefied natural gas Market
26. Africa Liquefied Natural Gas Market
27. Liquefied Natural Gas Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Liquefied Natural Gas Market
29. Liquefied Natural Gas Market Future Outlook and Potential Analysis
30. Appendix
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