Global Market Size, Forecast, and Trend Highlights Over 2025-2037
LNG Infrastructure Market size is set to expand at significant growth rate during the forecast period i.e., between 2025-2037.
The global liquefied natural gas market is thriving on the back of growing demand for clean fuel energy around the world coupled with the rising production of LNG and the need for the distribution of LNG as an energy source to end users around the globe. According to the International Energy Agency (IEA), total production of natural gas around the world increased from 126194778 Tera Joule (TJ) in the year 2010 to 147137783 Tera Joule (TJ) in the year 2017.
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Frequently Asked Questions (FAQ)
LNG Infrastructure Market size is set to expand at significant growth rate during the forecast period i.e., between 2025-2037.
LNG Infrastructure Market size is set to expand at significant growth rate during the forecast period i.e., between 2025-2037.
Asia Pacific industry is predicted to account for largest revenue share by 2037, backed by rising demand for LNG as an energy source for the ambition to improve the air quality as well as to promote a clean and green environment.
The major players in the market are Occidental Petroleum Corporation, Inpex Corporation, Gazprom, Rosneft, Novatek, Cheniere Energy, Inc., Woodside Petroleum Ltd., Petroliam Nasional Berhad (PETRONAS), National Iranian Oil Company, Chevron Corporation, and others.