LNG Carrier Market Overview, Growth, Trends, Analysis, Research Report (2025-2031)

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: LNG Carrier Market covers analysis By Type (Moss Type, Membrane Type); Storage Capacity (Under 120,000 cubic m, 120,000 â" 160,000 cubic m, Above 160,000 cubic m) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Nov 2025
  • Report Code : TIPRE00019362
  • Category : Automotive and Transportation
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Feb 2021

MARKET INTRODUCTION



An LNG carrier is a type of tankship that is specially designed for transporting LPG (liquefied natural gas). These carriers have high resistance to mechanical and thermal stress and strain. The increasing population across the world has surged the demand for fuel such as LNG, this factor is likely to propel the demand for the LNG carrier market. LNG carrier market. Moreover, increase in import and export activities through the sea and growing offshore oil and gas projects are also anticipating the growth of the LNG carrier market.

MARKET DYNAMICS



Increasing demand for clean energy sources coupled with the rising natural gas discoveries is leading to LNG export terminal expansion, which significantly impacts the growth of the LNG carrier market. However, several stringent marine pollution regulations may hamper the growth of the LNG carrier market. Furthermore, growing innovation and development in LNG carriers to save cost, increase carrier capacity and improve carrier design. This factor is expected to provide ample growth opportunities for the LNG carrier market.

MARKET SCOPE



The "Global LNG Carrier Market Analysis to 2031" is a specialized and in-depth study of the LNG carrier industry with a special focus on the global market trend analysis. The report aims to provide an overview LNG carrier market with detailed market segmentation as type, storage capacity, and geography. The global LNG carrier market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading LNG carrier market players and offers key trends and opportunities in the LNG carrier market.

MARKET SEGMENTATION



The global LNG carrier market is segmented on the basis of type, storage capacity. On the basis of type the market is segmented as moss type, membrane type. On the basis of storage capacity the market is segmented as under 120,000 cubic m, 120,000 â" 160,000 cubic m, above 160,000 cubic m.



REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global LNG carrier market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The LNG carrier market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting LNG carrier market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the LNG carrier market in these regions.

MARKET PLAYERS



The reports cover key developments in the LNG carrier market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from LNG carrier market are anticipated to lucrative growth opportunities in the future with the rising demand for LNG carrier in the global market. Below mentioned is the list of few companies engaged in the LNG carrier market.

The report also includes the profiles of key LNG carrier companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   GasLog Ltd
  •   Golar LNG
  •   Hyundai Heavy Industries
  •   Kawasaki Heavy Industries, Ltd.
  •   Mitsubishi Heavy Industries, Ltd.
  •   Mitsui O.S.K. Lines, Ltd. (MOL)
  •   Royal Dutch Shell PLC
  •   Samsung Heavy Industries Co. Ltd
  •   STX Offshore & Shipbuilding Co., Ltd.
  •   Teekay Corporation


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

LNG Carrier Report Scope

Report Attribute Details
Market size in 2024 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Moss Type
  • Membrane Type
By Storage Capacity
  • Under 120
  • 000 cubic m
  • 120
  • 000 " 160
  • 000 cubic m
  • Above 160
  • 000 cubic m
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • GasLog Ltd
  • Golar LNG
  • Hyundai Heavy Industries
  • Kawasaki Heavy Industries, Ltd.
  • Mitsubishi Heavy Industries, Ltd.
  • Mitsui O.S.K. Lines, Ltd. (MOL)
  • Royal Dutch Shell PLC
  • Samsung Heavy Industries Co. Ltd
  • STX Offshore and Shipbuilding Co., Ltd.
  • Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Our Clients
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo