openPR Logo
Press release

LNG market Forecasted to Surge to USD 623.60 Million by 2030: Key Insights and Trends

LNG market

LNG market

The ๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ, valued at USD 440.24 million in 2023, is expected to grow at a compound annual growth rate (CAGR) of 5.1%, reaching approximately USD 623.60 million by 2030.

๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Liquefied Natural Gas (LNG) is natural gas cooled into a liquid state to facilitate easier storage and transportation. It shrinks to 1/600th of its original volume, making it cost-effective and practical for global supply chains. LNG is non-pressurized, non-corrosive, odorless, and safe in liquid form, ensuring reliable transport and storage. After regasification at its destination, LNG is widely used in power generation, industrial applications, and residential sectors, playing a crucial role in global energy supply and the transition toward cleaner energy solutions.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š๐ฒ! https://www.maximizemarketresearch.com/request-sample/117001/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ:

The global LNG market is driven by the increasing shift toward cleaner energy sources and the need to reduce industrial emissions. Natural gas is a key player in the energy transition, offering 36% lower CO2 emissions compared to coal. Rising demand for natural gas across power generation, industrial, and transportation sectors, supported by government regulations and investments in pipeline infrastructure, fuels market growth. LNG's flexibility in storage and transport also addresses growing energy demands in emerging markets.

๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Key trends in the LNG market include the adoption of LNG as a cleaner alternative to coal and oil in power generation and industrial applications. The expansion of intercontinental pipeline infrastructure, supported by favorable policies, is driving demand. Additionally, LNG is gaining traction as a transportation fuel, particularly in Europe and Asia. Innovations in regasification and liquefaction technologies are improving efficiency and reducing costs, while global net-zero targets encourage increased investment in LNG supply chains.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/inquiry-before-buying/117001/

๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The LNG market offers significant growth opportunities through technological advancements and infrastructure development. Investments in regasification plants and pipeline projects are enhancing the accessibility of LNG in emerging markets. LNG's role in supporting the energy transition and reducing emissions provides long-term prospects, particularly as industries and governments prioritize decarbonization. Additionally, growing demand for LNG in Asia-Pacific and Europe creates lucrative export and market entry opportunities for key players.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

The Asia-Pacific region dominates the global LNG market, accounting for the largest market share due to increasing population, growing energy demand, and government subsidies for LNG adoption. Countries like China, India, South Korea, and Japan drive regional growth with expanding infrastructure and rising imports. Australia is a leading LNG exporter, while Europe seeks diversification in energy imports, investing in LNG infrastructure and supply agreements to reduce dependence on traditional energy sources.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/117001/ ๏ปฟ๏ปฟ

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ

by Application

Power Generation
Transportation Fuel
Other

by Type

Liquefaction
Regasification

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐‹๐๐† ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Saudi Aramco
2. Sinopec
3. ADNOC
4. CNPC
5. Exxon Mobil
6. Reliance Industries
7. KNPC
8. Phillips66
9. Bharat Petroleum Corporation Ltd.
10. Pemex
11. Total Corp.
12. Qatar Petroleum
13. Equinor
14. BP Corp.
15. Gazprom Corp.

๐†๐ž๐ญ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐Ž๐ง ๐“๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐Ž๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/global-lng-market/117001/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past LNG market Size and Competitive Landscape
LNG market Size, Share, Size & Forecast by different segment
LNG market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
LNG market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - LNG market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ญ๐ซ๐ž๐ง๐๐ฌ:

โ™ฆ Online Travel Booking Market https://www.maximizemarketresearch.com/market-report/global-online-travel-booking-market/26269/

โ™ฆ Blockchain Technology Market https://www.maximizemarketresearch.com/market-report/global-blockchain-technology-market/29388/

โ™ฆ Global Wireless Connectivity Market https://www.maximizemarketresearch.com/market-report/wireless-connectivity-market/13738/

โ™ฆ Global Prostate Cancer Therapeutics Market https://www.maximizemarketresearch.com/market-report/global-prostate-cancer-therapeutics-market/25682/

โ™ฆ Global Maple Syrup Market: https://www.maximizemarketresearch.com/market-report/maple-syrup-market/147930/

โ™ฆ Microcontroller Market https://www.maximizemarketresearch.com/market-report/global-microcontroller-market/16152/

โ™ฆ Global Functional Food Market https://www.maximizemarketresearch.com/market-report/global-functional-food-market/101443/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release LNG market Forecasted to Surge to USD 623.60 Million by 2030: Key Insights and Trends here

News-ID: 3751754 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Robotic Vacuum Cleaner Market Showing Impressive Growth during Forecast Period 2025 - 2032
Robotic Vacuum Cleaner Market Showing Impressive Growth during Forecast Period 2 โ€ฆ
โ–บThe global Robotic Vacuum Cleaner Market reached a valuation of approximately USD 6.36 billion in 2024, and is projected to surge to nearly USD 32.04 billion by 2032, growing at a robust CAGR of 22.4% between 2025 and 2032. This dramatic expansion underscores escalating consumer demand for smart, efficient, and automated cleaning solutions. The competitive arena includes key players like Ecovacs Robotics, Xiaomi Corporation, Roborock Technology Co. Ltd., ILIFE Innovation Ltd.,โ€ฆ
Future of Electric Vehicle in Asia Pacific Market Showing Impressive Growth during Forecast Period 2023 - 2029
Future of Electric Vehicle in Asia Pacific Market Showing Impressive Growth duri โ€ฆ
โ–บ"Future-of-EV Growth Opportunities Across the Globe: From Asia Pacific Surge to U.S., Middle East & Europe Gains" The global electric vehicle (EV) market is experiencing staggering growth. In 2024, it was estimated at approximately USD 1,328.08 billion, and is projected to reach USD 6,523.97 billion by 2030, reflecting a robust CAGR of 32.5% (2025-2030). Asia Pacific already stands as the largest regional market, accounting for nearly half of global EV shareโ€ฆ
Floriculture Market to expand to a market value of USD 118.95 Bn by 2032, with a CAGR of 8.1%
Floriculture Market to expand to a market value of USD 118.95 Bn by 2032, with a โ€ฆ
โ–บThe global floriculture market reached USD 63.79 billion in 2024 and is projected to hit USD 118.95 billion by 2032, registering a robust CAGR of 8.1 % during the forecast period . In the competitive landscape, key players leverage variety, distribution networks, and branding. Growth is driven by rising ornamental demand, gifting trends, urban green lifestyle, and digital transformation via e-commerce . Curious to peek inside? Grab your sample copy of thisโ€ฆ
Trailers Market to expand to a market value of US$ 60.36 Bn. by 2032, with a CAGR of 6%
Trailers Market to expand to a market value of US$ 60.36 Bn. by 2032, with a CAG โ€ฆ
โ–บGlobal Trailers Market Set for Robust Expansion Driven by Logistics and E-commerce Growth The Global Trailers Market was valued at USD 60.8 billion in 2023 and is projected to reach nearly USD 85.4 billion by 2030, growing at a CAGR of 4.9% during the forecast period. This growth is driven by rising demand in freight transportation, expansion of e-commerce, and modernization of logistics fleets. The market is experiencing higher demand in Asiaโ€ฆ

All 5 Releases


More Releases for LNG

LNG Bunkering Market Growth, Trends & Opportunities 2025 | Top key players - Tre โ€ฆ
LNG Bunkering Market, as analyzed in the study by DataM Intelligence, presents a detailed overview of the industry with in-depth insights, historical data, and key statistics. The report thoroughly examines market dynamics, competitive strategies, and major players, highlighting their product lines, pricing structures, financials, growth plans, and regional outreach. The Global LNG Bunkering Market is expected to grow at a CAGR of 66.4% during the forecasting period (2024-2031). Get a Free Sampleโ€ฆ
Mea Floating Lng Power Vessel Market Emerging Trends and Growth Prospects 2034 | โ€ฆ
On April 8, 2025, Exactitude Consultancy., Ltd. released a research report titled "Mea Floating Lng Power Vessel Market". In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the Mea Floating Lng Power Vessel Market including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. It provides the industry overview with growth analysisโ€ฆ
What's Driving the LNG Bunkering Market Trends? Key Companies are Skangass AS., โ€ฆ
A research report on 'LNG Bunkering Market' Added by DEC Research features a succinct analysis on the latest market trends. The report also includes detailed abstracts about statistics, revenue forecasts and market valuation, which additionally highlights its status in the competitive landscape and growth trends accepted by major industry players. Request a sample of this research report @ https://www.decresearch.com/request-sample/detail/702 The size of LNG Bunkering Market was registered at USD 800 Million inโ€ฆ
LNG Bunkering Market Key Players Polskie LNG, Eagle LNG, ENN Energy, EVOL LNG, F โ€ฆ
The LNG Bunkering Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the LNG Bunkering industry based on product segment, technology, end user segment and region. As per a recent news snippet, the Caribbean is one of the most lucrative regions for LNG bunkering market, as the shipping sector seeks complianceโ€ฆ
LNG Bunkering Industry to surpass $12bn by 2024:ENGIE,Polskie LNG,Eagle LNG, ENN โ€ฆ
LNG Bunkering Market size is set to exceed USD 12 billion by 2024.Growing demand for cleaner fuel coupled with strict emission regulations to reduce the airborne emissions predominantly in North America and Europe will stimulate LNG bunkering market. In 2015, International Maritime Organization (IMO) introduced Tier III norms to curb NOx emissions from marine vessels among Emission Control Areas (ECAs) under maritime boundaries. Request for a sample copy of thisโ€ฆ
Global Liquefied Natural Gas (LNG) Market 2018-22 : LNG bunkering, progressing L โ€ฆ
ResearchMoz presents Professional and In-depth Study of "Global Liquefied Natural Gas (LNG) Market: Industry Analysis & Outlook (2018-2022)" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' Liquefied Natural Gas (LNG) is a liquid form of natural gas, which is composed mainly of methane and other gases such as Ethane, Propane, Butane and Nitrogen. LNG liquefaction is a procedureโ€ฆ