Small-Scale LNG Market to Reach USD 166.56 Billion by 2032

From GlobeNewswire: 2025-06-03 10:00:00

The Small-Scale LNG Market was valued at USD 56.52 billion in 2024, projected to reach USD 166.56 billion by 2032 with a CAGR of 14.46%. The US market size is expected to reach USD 31.22 billion by 2032, driven by natural gas reserves and infrastructure. Key players include Shell, Linde, and Gazprom.

LNG demand in transportation and power generation is growing due to emissions standards. Liquefaction segment holds a 64% market share, while truck-to-tank supply mode dominates at 48%. The transportation segment leads the market, with Asia-Pacific holding the largest share at 40.12%.

Recent developments include Wartsila’s LNG plant in Norway, Shell’s LNG fueling stations in Germany, and Gazprom’s micro-LNG production units in Siberia. SNS Insider offers market research and consulting services globally to provide clients with current market data and insights for confident decision-making.



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