United States LNG Storage Tank Market valuation $6.7 billion by 2030 - Exclusive Report by DatamIntelligence

"Global LNG Storage Tank Market reached USD 4.5 billion in 2022 and is expected to reach USD 6.7 billion by 2030, growing with a CAGR of 5.5% during the forecast period 2024-2031." As per DataM intelligence research report

Download your exclusive sample report today: (corporate email gets priority access): https://www.datamintelligence.com/download-sample/lng-storage-tank-market?sp

United States: Recent Industry Developments

✅ In October 2025, Bechtel Corporation launched advanced LNG storage tank solutions with enhanced insulation and safety features for industrial and utility applications, supported by a $50 million investment in R&D and construction.

✅ In September 2025, Fluor Corporation introduced high-capacity LNG storage tanks with integrated monitoring and leak detection systems, backed by $40 million in technology and deployment investment.

✅ In August 2025, McDermott International expanded its LNG storage tank portfolio with modular and scalable designs for export terminals, supported by $35 million in R&D and manufacturing upgrades.

✅ In July 2025, Kiewit Corporation launched next-generation LNG tanks with cryogenic insulation and automated monitoring systems, backed by $30 million in investment for technology and facility enhancement.

Japan: Recent Industry Developments

✅ In October 2025, Mitsubishi Heavy Industries launched high-efficiency LNG storage tanks with advanced insulation and safety features for industrial and energy applications, supported by ¥8 billion in R&D and production investment.

✅ In September 2025, Chiyoda Corporation introduced next-gen LNG storage tanks with modular designs and digital monitoring systems, backed by ¥6 billion in technology and deployment funding.

✅ In August 2025, IHI Corporation expanded its LNG tank offerings with cryogenic and scalable designs for terminal and industrial applications, supported by ¥5 billion in R&D and production upgrades.

✅ In July 2025, JGC Holdings launched advanced LNG storage tanks with real-time monitoring and energy efficiency features, with ¥4 billion invested in technology and manufacturing.

LNG Storage Tank Market: Drivers

The LNG storage tank market is witnessing significant growth as global demand for liquefied natural gas (LNG) rises due to its role as a cleaner and efficient energy source. LNG storage tanks are critical for safely storing large volumes of LNG at cryogenic temperatures, ensuring reliable supply for power generation, industrial use, and transportation. Increasing investments in LNG import/export terminals, infrastructure expansion, and liquefaction projects are driving market adoption. Stringent safety regulations, government initiatives promoting cleaner fuels, and the growing need for energy security are further supporting market growth. Additionally, the transition toward low-carbon energy sources is accelerating the development of advanced LNG storage solutions.

Technological advancements in double-walled insulation, vacuum insulation panels, and cryogenic materials are enhancing tank efficiency, safety, and durability. Rising adoption of modular and large-capacity storage tanks is enabling flexible solutions for terminals, shipping, and industrial applications. Companies are investing in R&D to improve construction methods, reduce boil-off gas, and optimize operational performance. Increasing global trade of LNG and the growing use of LNG in marine and heavy-duty transport are further fueling demand. With expanding LNG infrastructure, technological innovation, and the global push toward cleaner energy, the LNG storage tank market is poised for steady growth in the coming years.

Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/lng-storage-tank-market?sp

LNG Storage Tank Market: Major Players

Corban Energy Group, Linde plc, McDermott International Inc., Wartsila, IHI Corporation, CIMC ENRIC, Chart Industries, ISISAN ISI SAN. VE TİC.A. Ş, Cryolor SA and Trans Tech Energy LLC.

Segment Covered in the LNG Storage Tank Market:

➥ By Type: Self-Supportive, Non-Self Supportive

➥ By Materials: Steel, 9% Nickel Steel, Aluminum Alloy, Others

Research Process:

Both primary and secondary data sources have been used in the LNG Storage Tank Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the LNG Storage Tank Market Research Industry:

➠ Who leads the LNG Storage Tank industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do LNG Storage Tank market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting LNG Storage Tank market growth?
➠ What are the dominant sales and distribution strategies in the LNG Storage Tank industry?

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=lng-storage-tank-market

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Request for 2 Days FREE Trial Access:
https://www.datamintelligence.com/reports-subscription?sp

✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.