Global Market Size of LNG Storage Tanks Market – 10 Year Market Forecast
ChemicalsLNG Storage Tanks Market Size Forecast 2022-2029
The market size for the global LNG storage tank market is anticipated to reach a value of USD 12.9 billion in 2022 at USD 25.48 billion by 2029, at a calculated CAGR of 10%. The cumulative market size over the study period is estimated at USD 165 billion. The APAC region is the largest market for LNG storage tanks and is expected to account for the major market shares. Steel is the most widely used material, followed by aluminium alloy. Growing demand for LNG in various end-use sectors such as steel, energy and power, attributes to the growth of the LNG storage tank market.
LNG Storage Tanks Market Size of United States
LNG Storage Tanks Market Analysis of United Kingdom
LNG Storage Tanks Market Trends of Germany
LNG Storage Tanks Market Forecast of France
LNG Storage Tanks Market Growth of Italy
Market Size of LNG Storage Tanks in Poland
Market Analysis of LNG Storage Tanks in Switzerland
Market Trends of LNG Storage Tanks in Sweden
Market Forecast of LNG Storage Tanks in Spain
Market Growth of LNG Storage Tanks Netherland
Belgium LNG Storage Tanks Market
Finland LNG Storage Tanks Market
Japan LNG Storage Tanks Market
South Korea LNG Storage Tanks Market
China LNG Storage Tanks Market
LNG Storage Tanks Market Size of Russia
LNG Storage Tanks Market Analysis of Malaysia
LNG Storage Tanks Market Trends of Singapore
LNG Storage Tanks Market Forecast of India
LNG Storage Tanks Market Growth of Brazil
Market segments - LNG Storage Tanks Market
By Type
– Self Supportive
– Non-Self Supportive
By Region
– North America
– Europe
– Middle East
– APAC
– ROW
By Material
– Steel
– 9% Nickel Steel
– Aluminium Alloy
– Others
Frequently Asked Questions(FAQ)
-
What is Global Market Database?
- ?Global Market Database is a market research tool that is used by various industry leaders to study the changing market trends across 12 different industries.
-
What is the base year for the LNG storage tanks market report?
- The base year for the LNG storage tanks market report is 2022.
-
What is the CAGR of the LNG storage tanks market?
- The CAGR for LNG storage tanks market is 10%.
-
Which end-use industries have high demand for LNG storage tanks?
- End-use industries like steel, power and energy have high demands for LNG storage tanks.
-
What are the materials segmented in the LNG storage tanks market report?
- The segmented materials in the LNG storage tanks market report are steel, 9% nickel steel and aluminium alloy
Release date
Jan 2025
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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