Australia Liquefied Natural Gas Market Size & Outlook

The liquefied natural gas market in Australia is expected to reach a projected revenue of US$ 19,891.0 million by 2030. A compound annual growth rate of 13.2% is expected of Australia liquefied natural gas market from 2024 to 2030.
Revenue, 2023 (US$M)
$8,334.2
Forecast, 2030 (US$M)
$19,891.0
CAGR, 2024 - 2030
13.2%
Report Coverage
Australia

Australia liquefied natural gas market highlights

  • The Australia liquefied natural gas market generated a revenue of USD 8,334.2 million in 2023 and is expected to reach USD 19,891.0 million by 2030.
  • The Australia market is expected to grow at a CAGR of 13.2% from 2024 to 2030.
  • In terms of segment, power generation was the largest revenue generating application in 2023.
  • Transportation Fuel is the most lucrative application segment registering the fastest growth during the forecast period.

Liquefied natural gas market data book summary

Market revenue in 2023USD 8,334.2 million
Market revenue in 2030USD 19,891.0 million
Growth rate13.2% (CAGR from 2023 to 2030)
Largest segmentPower generation
Fastest growing segmentTransportation Fuel
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransportation Fuel, Power Generation
Key market players worldwideBP PLC, Chevron Corp, China Petroleum & Chemical Corp Class H, Eni SpA, Equinor ASA, Exxon Mobil Corp, Gazprom, PetroChina Co Ltd Class H, Shell PLC, TotalEnergies SE

Other key industry trends

  • In terms of revenue, Australia accounted for 7.2% of the global liquefied natural gas market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China liquefied natural gas market is projected to lead the regional market in terms of revenue in 2030.
  • Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 19,891.0 million by 2030.

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Liquefied Natural Gas Market Scope

Liquefied natural gas market segmentation & scope

Liquefied Natural Gas Market Companies

Name Profile # Employees HQ Website

Australia liquefied natural gas market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liquefied natural gas market will help companies and investors design strategic landscapes.


Power generation was the largest segment with a revenue share of 46.45% in 2023. Horizon Databook has segmented the Australia liquefied natural gas market based on transportation fuel, power generation covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Liquefied Natural Gas Application Outlook (Revenue, USD Million, 2018-2030)
    • Residential / Commercial
    • Chemical
    • Industrial
    • Autogas
    • Refinery
    • Transportation Fuel
    • Power Generation
    • Others

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  • Our clientele includes a mix of liquefied natural gas market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia liquefied natural gas market , including forecasts for subscribers. This country databook contains high-level insights into Australia liquefied natural gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia liquefied natural gas market size, by application, 2018-2030 (US$M)

Australia Liquefied Natural Gas Market Outlook Share, 2023 & 2030 (US$M)

Australia liquefied natural gas market size, by application, 2018-2030 (US$M)

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