Canada Liquefied Natural Gas Market Size & Outlook

The liquefied natural gas market in Canada is expected to reach a projected revenue of US$ 58.8 million by 2030. A compound annual growth rate of 4.2% is expected of Canada liquefied natural gas market from 2021 to 2030.
Revenue, 2020 (US$M)
$38.9
Forecast, 2030 (US$M)
$58.8
CAGR, 2021 - 2030
4.2%
Report Coverage
Canada

Canada liquefied natural gas market highlights

  • The Canada liquefied natural gas market generated a revenue of USD 38.9 million in 2020 and is expected to reach USD 58.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.2% from 2021 to 2030.
  • In terms of segment, power generation was the largest revenue generating application in 2020.
  • Power Generation is the most lucrative application segment registering the fastest growth during the forecast period.


Liquefied natural gas market data book summary

Market revenue in 2020USD 38.9 million
Market revenue in 2030USD 58.8 million
Growth rate4.2% (CAGR from 2021 to 2030)
Largest segmentPower generation
Fastest growing segmentPower Generation
Historical data2018 - 2019
Base year2020
Forecast period2021 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransportation Fuel, Power Generation


Other key industry trends

  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, Mexico liquefied natural gas market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 258.4 million by 2030.

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Liquefied Natural Gas Market Scope

Liquefied Natural Gas Market Companies

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Canada 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 46.79% in 2020. Horizon Databook has segmented the Canada liquefied natural gas market based on transportation fuel, power generation covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada liquefied natural gas market databook

  • 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada liquefied natural gas market , including forecasts for subscribers. This country databook contains high-level insights into Canada liquefied natural gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Canada Liquefied Natural Gas Market Outlook Share, 2020 & 2030 (US$M)

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

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