Industrial Gases & Cryogenic · Direct
Monitoring · monthly
Procurement Category Intelligence

LNG (Liquefied Natural Gas)

Overview
Market size
$350
global, USD
CAGR
5.5%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity

Market outlook

2031$457

What changed

Demand by region

East Asia demand50%
Europe demand25%
South and Southeast Asia demand15%
North America demand5%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Natural gas feedstock sourcing45%
Liquefaction facility plant operations and energy cost25%
Maritime shipping and cryogenic transport freight15%
Regasification and port terminal processing10%
Compliance, carbon offsets, and regulatory fees5%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked