Hydrocarbons & Petroleum Products · Direct
Monitoring · monthlyProcurement Category Intelligence
LNG
Overview
Market size
$285.0B
global, USD
CAGR
6.0%
base to forecast
Buyer power
-2.2
supplier-favoured
Suppliers
7
tracked players
Signals
12
7 high severity
Market outlook
2031$381.4B
What changed
Demand by region
Asia Pacific demand65%
Europe demand22%
North America demand7%
Latin America demand4%
Rest of world demand2%
share of global demandtotal 100%
Cost drivers
Upstream feed gas extraction and production45%
Liquefaction plant operations and capital recovery25%
Maritime shipping and cryogenic tanker freight15%
Regasification terminal operations and local storage10%
Regulatory compliance and carbon offset obligations5%
share of delivered cost (analyst estimate)