The Report Cube which is one of the leading market research company in UAE expects the LNG Terminals Market to grow at a CAGR of around 4.82% through 2032, as highlighted in their latest research report. The study provides an in-depth analysis of the emerging trends shaping the LNG Terminals Market and offers detailed forecasts for its potential growth during 2026–2032. The report also presents a comprehensive assessment of the competitive landscape, including profiles of leading players, their performance metrics, and recent strategic developments. Additionally, it explores the key market drivers, challenges, opportunities, and provides insights into historical and future revenue trends at the global, regional, and country levels.
LNG Terminals Market Overview:
Market Size (2025): USD 14.21 Billion
Market Size (2032): USD 19.76 Billion
CAGR (2026–2032): 4.82%
Top Companies in LNG Terminals Market: Shell, Inpex Corporation, Sempra Energy, Engie, Gunvor, Glencore, SK E, Vitol, Cheniere Energy, TotalEnergies, Woodside Energy, China National Offshore Oil Corporation (CNOOC), Trafigura, Mitsui Co., Others.
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LNG Terminals Industry Recent News and Developments:
Cheniere Energy declared the completion of the Sabine Pass Expansion Phase 2, improving storage capacity & increasing liquefaction capacity by 6 MTPA, strengthening its supremacy among LNG export terminals in the US.
TotalEnergies engaged in a strategic partnership with Indian Oil Corporation to develop a new regasification terminal on India’s eastern coast, aiming to meet increasing LNG import demand in South Asia & support regional energy security.
Key Growth Drivers of the LNG Terminals Market:
Driver: Mounting Demand for Energy Security & Cleaner Energy Sources to Enhance Market Demand
The alteration toward cleaner energy sources & the rising focus on energy security are key drivers for the LNG Terminal Market. Also, with geopolitical tensions & variability in traditional gas supply regions, nations are investing in LNG infrastructure to expand their energy sources. Furthermore, LNG offers flexibility & decreases reliance on pipeline gas, specifically for regions such as Europe & Asia-Pacific. Along with this, countries, including Japan, India, and Germany, are rapidly expanding their regasification terminals to safeguard stable gas supplies, thus aiding in enhancing the market size.
LNG Terminals Market Segmentation
The LNG storage tanks market is segmented by type, cycle type, capacity, purpose, and region to highlight key growth areas and industry trends. Among types, full containment and submerged tanks are gaining prominence due to enhanced safety and efficiency. Single-cycle tanks dominate the cycle type segment, while mid- and large-scale capacities lead in production and storage applications. In terms of purpose, import and export terminals drive demand, supported by growing global LNG trade, while peak shaving and storage terminals ensure supply stability. Regionally, Asia-Pacific and North America hold significant shares, fuelled by increasing energy demand and infrastructure expansion.
Market Share, By Type
· Gravity-based (above-ground tanks)
· Hybrid Tanks (partially buried & partially above-ground)
· Full Containment (fully below-ground)
· Submerged Tanks (fully below-ground)
Market Share, By Cycle Type
· Single Cycle
· Dual Cycle
Market Share, By Capacity Source
· Small-scale (less than 1 million tonnes per annum (mtpa))
· Mid-scale (1-5 mtpa)
· Large-scale (more than 5 mtpa)
Market Share, By Purpose
· Import terminals (receiving LNG from other countries)
· Export terminals (delivering LNG to other countries)
· Peak shaving terminals (balancing supply and demand during peak periods)
· Storage terminals (storing LNG for future use)
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Market Share, By Region
· North America
· South America
· Europe
· The Middle East & Africa
· Asia-Pacific
Note:
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