LNG (Liquefied Natural Gas): Market Size & Forecast 2026

The global liquefied natural gas market stands at approximately USD 350 billion in 2025 (base year), structurally rebalanced by the post-2022 European pivot away from Russian pipeline gas, a wave of US Gulf Coast liquefaction FIDs, and the IEA projection that global gas demand peaks before 2030 under announced climate policies. The 7-year forward CAGR of 5.5 percent reflects both genuine demand growth in Asia and maritime bunkering and the inflationary effect of new long-term contract pricing anchored to higher Henry Hub and JKM benchmarks. > **Analyst Take.** Our view: the consensus 5.5% CAGR is directionally right but underweights the bunkering demand vector. LNG bunkering grows at roughly 12 percent CAGR through 2030 off a low base, and by 2030 it will represent approximately 4 percent of total LNG demand -- not enough to move the headline growth rate, but enough to create a structura

Get in touch and our analysts will be happy to help with custom market sizing, deeper segmentation, supplier detail or a bespoke study built for you.