Global LNG Market Outlook 2022

Liquefied natural gas or LNG is natural gas that has been processed to remove either valuable components e.g. helium, or those impurities that could cause difficulty downstream.
The global LNG market is expected to grow with rising energy consumption, growing urban population, increasing demand of natural gas vehicles, accelerating economic growth and increasing preference of LNG in developing economies.

Market Analysis and Insights: Global LNG Market
The global LNG market was valued at US$ 7682.1 million in 2020 and it is expected to reach US$ 15590 million by the end of 2027, growing at a CAGR of 10.2% during 2021-2027.

Global LNG Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global LNG Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Ethane
Propane
Butane
Nitrogen

Segment by Application
Construction
Furnaces
Fluid Bed Dryers
Food Processing
Manufacturing
Mining
Power Generation Sector
Rotary Kilns

By Company
Air Products & Chemicals
BG
BP
Cheniere Energy
Chevron
ConocoPhillips
Exxon Mobil
Gazprom OAO
Inpex
Petroleos De Venezuela
Petronas

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E