The global LNG infrastructure market is expected to continue to grow over the next five years, according to the LNG Infrastructure Market — Growth, Trends and Forecast (2020–2025) report.
According to the research, the LNG gas flow is projected to grow at a compound annual growth rate of 5.8 percent during the forecast period.
The report states Asia Pacific is expected to dominate the LNG infrastructure market with both liquefaction and regasification terminals. Countries such as Australia, Indonesia and Malaysia have the highest capacity liquefaction terminals, while Japan, South Korea, China and India have the highest capacity infrastructure for regasification of LNG.
One of the key drivers of the market is the growing use of natural gas in various sectors such as power, to have lower carbon emissions. However, alternative sources of energy, such as nuclear energy production, and renewable technology developments in various regions may restrain gr
