Liquefied Natural Gas Market To Witness A Significant Growth Of USD 208.85 Billion By 2030
San Francisco, 21 June 2022: The Report Liquefied Natural Gas Market Size, Share & Trends Analysis Report By Application (Transportation Fuel, Power Generation, Others), By Region (Europe, MEA), And Segment Forecasts, 2022 - 2030 The global liquefied natural gas market size is expected to reach USD 208.85 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.1% from 2022 to 2030. The growing demand for electric power through clean energy sources is likely to propel the market growth over the coming years. A growing focus on projects related to distributed power & utility is anticipated to bolster the market growth over the next eight years. The projected growth in natural gas in the power generation business is also likely to create more demand for liquefied natural gas (LNG) across various countries. The power generation application segment accounted for the largest volume share of 47.44% in 2021. Growing d