Liquefied Natural Gas (LNG) Market Size, Share & Trends

Research Methodology – Liquefied Natural Gas (LNG) Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Liquefied Natural Gas (LNG) Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Liquefied Natural Gas (LNG) Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

Working LNG capacity in the market
Domestic and international consumption of LNG
Annual production and Export-import volume
Existing and potential competitors- their market share and strategy
Technological advancement in extraction, production, and distribution
Contracts, investments, and mergers in the LNG industry
Price dynamics and trends in the international market
Government policies, regulatory framework, and political stability
Infrastructural aspects like storage and transportation facilities

Key Market Indicators

Global and regional energy demands
Environmental impact and carbon footprint of LNG production and consumption
Fluctuations in crude oil and natural gas prices
Rate of industrialization in developing and underdeveloped nations
Changes in government regulations and policies
Growth or reduction in LNG trade partnerships and agreements
Level of market competition and player strengths

Growth Trends

Increase in demand for natural gas as a cleaner alternative to coal and oil for electricity generation
Rising use of LNG in industries such as power generation, transportation, and mining
Development and implementation of advanced technologies increasing LNG production efficiency
Growing investments in LNG infrastructure including the development of new LNG terminals
Initiatives by governments worldwide to reduce greenhouse gas emissions boosting the adoption of LNG
Emergence of floating LNG terminals
Exploration of unconventional gas reserves

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Liquefied Natural Gas (LNG) Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Liquefied Natural Gas (LNG) Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: