Tuesday, 02 January 2024 12:17 GMT

LNG Terminals Market Global Forecast To 2030, By Technology, Function, Terminal Type, Capacity, And Region


(MENAFN- GlobeNewsWire - Nasdaq) The global LNG terminals market is poised to expand from USD 7.86 billion in 2025 to USD 13.15 billion by 2030, reflecting a CAGR of 10.9%. This growth is fueled by surging LNG trade, an increasing demand for clean energy, and stringent environmental regulations. The import segment, crucial for energy diversification and security, will witness robust growth, driven by tech advancements in regasification and automation systems, bolstered by governmental and private investments. Asia Pacific leads the market, with countries like China, India, Japan, and South Korea prioritizing LNG to replace coal and nuclear options, enhancing energy stability.

Dublin, Aug. 26, 2025 (GLOBE NEWSWIRE) -- The "LNG Terminals Market by Technology, Function, Terminal Type, Capacity, and Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.

The global LNG terminals market is set to grow significantly, projected to increase from USD 7.86 billion in 2025 to USD 13.15 billion by 2030, at a CAGR of 10.9%.

This growth is attributed to the increasing LNG trade, rising global energy demands, and a shift towards cleaner energy sources. Stringent regulations and energy transition policies across various regions are also promoting investment in long-haul LNG infrastructure.

Import Segment Accelerates Growth

The LNG import terminals market is rapidly expanding due to the growing global demand for natural gas and the strategic need for diverse energy supplies to bolster energy security. These terminals are crucial for countries with limited natural gas production. Technological advancements in regasification, automation, and safety systems are further fueling this segment, paired with investments to transition to cleaner energy sources.

Regasification Technology on the Rise

As a key component of the LNG terminals market, the regasification segment covers essential infrastructure elements like vaporizers and pumps, responsible for converting LNG back into gas. The segment is experiencing growth driven by increased demand for cleaner energy and the reliance on LNG imports in emerging markets. Advances in automation and maintenance technology are optimizing operational performance and reducing downtime, impacting the sector's capital and operational expenditures.

Asia Pacific Leads the LNG Market

Asia Pacific is the frontrunner in the LNG terminals market, backed by escalating energy demand and significant infrastructure investments. In 2023, the region exported approximately 352 bcm of LNG, accounting for 64% of global imports. China remains the largest importer, with policies shifting focus from coal and nuclear energy to LNG for energy stability. India's regulatory changes, such as the Open General License for LNG imports, underline the region's strategic shifts toward gas infrastructure expansion.

Key Industry Participants and Insights

Research involved comprehensive interviews with industry experts, market players, and consultants to gain qualitative and quantitative insights. The study included Technip Energies N.V., Bechtel Corporation, McDermott, and other major companies as key players, featuring competitive analyses and strategic evaluations in the LNG terminals market.

Study Scope and Market Dynamics

The report covers LNG terminals by technology, terminal type, function, and region, providing insights into market drivers, restraints, opportunities, and challenges. It highlights the key benefits of purchasing the report, including in-depth analyses of market trends, technological innovations, EPC strategies, and competitive market diversification.

  • Key drivers identified include increased demand for low-emission energy, shifting preferences from coal, and rising LNG adoption in various industrial applications.
  • Opportunities focus on natural gas reliance to reduce carbon footprints and expanding energy source diversity.
  • Challenges such as climate risks and operational costs of floating storage regasification units (FSRU) are addressed.

The report showcases how EPC companies leverage innovations such as AI, remote construction monitoring, and low-carbon designs to enhance project management efficiency. Market diversification strategies are analyzed, emphasizing geographical and customer segment opportunities for strategic entry.

Key Attributes:

Report Attribute Details
No. of Pages 250
Forecast Period 2025 - 2030
Estimated Market Value (USD) in 2025 $7.86 Billion
Forecasted Market Value (USD) by 2030 $13.15 Billion
Compound Annual Growth Rate 10.9%
Regions Covered Global


Key Topics Covered:
Market Dynamics

  • Drivers
    • Mounting Demand for Low-Emission Energy Amid Rapid Industrialization
    • Shifting Preference from Coal to Cleaner Alternative Fuels
    • Increasing Adoption of LNG in Power Generation, Heating, and Other Industrial Applications
  • Restraints
    • Requirement for Substantial Financial Resources and Long Payback Period
    • Issues Related to Compliance with Safety, Environmental, and Land Use Regulations
  • Opportunities
    • Increasing Reliance on Natural Gas to Curb Carbon Footprint
    • Growing Focus on Diversifying Energy Sources and Enhancing Energy Security
    • Rising Emphasis on Supporting Regions with Under-Developed Gas Infrastructure
  • Challenges
    • Climate Risks and High Operational Costs of FSRUs
    • Geopolitical Instability Impacting Supply Security
  • Case Study Analysis
    • Tema LNG Terminal Project Introduces Floating Regasification Unit for Reliable Electricity Generation in Ghana
    • Technip Energies and Its Partners Help Yamal LNG Complex Overcome Challenges in Remote Artic Using Modular Engineering Solutions
    • Petronet LNG Limited Addresses Dahej Terminal's Operation Challenges Through Capacity Expansions and Technology Upgrades

Company Profiles

  • Technip Energies N.V.
  • Samsung C&T Corporation
  • Bechtel Corporation
  • JGC Holdings Corporation
  • Saipem Spa
  • CTCI
  • KBR Inc.
  • Vinci
  • Worley
  • Chiyoda Corporation
  • Hyundai E&C
  • Fluor Corporation
  • Aker Solutions
  • John Wood Group PLC
  • IHI Corporation
  • Mcdermott
  • Archirodon SA
  • Uniper SE
  • China Petrochemical Corporation
  • Larsen & Toubro Limited
  • Técnicas Reunidas S. A.
  • Posco E&C
  • GS E&C
  • Daewoo Engineering & Construction Co. Ltd.
  • Toyo Engineering Corporation
  • MT Group

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