Global Floating Liquefied Natural Gas Facilities Market Growth 2025-2031

The global Floating Liquefied Natural Gas Facilities market size is predicted to grow from US$ 1020 million in 2025 to US$ 1365 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.

The floating liquefied natural gas (FLNG) facilities market is expected to witness significant growth in the coming years. FLNG facilities are offshore facilities that are used for the production, liquefaction, storage, and transfer of natural gas. They offer several advantages over traditional onshore LNG facilities, such as reduced costs, shorter construction time, and flexibility in terms of location.The Asia-Pacific region is expected to dominate the FLNG facilities market due to the increasing demand for natural gas in countries like China, Japan, and South Korea. These countries are heavily dependent on LNG imports to meet their energy needs.The Middle East and Africa region is also expected to witness significant growth in the FLNG facilities market. Countries like Qatar, Nigeria, and Mozambique have large natural gas reserves and are investing in FLNG facilities to monetize these resources.Europe is another important market for FLNG facilities. The region is looking to diversify its energy sources and reduce dependence on traditional gas suppliers like Russia. FLNG facilities offer a flexible and cost-effective solution for importing LNG.The FLNG facilities market is highly concentrated, with a few major players dominating the industry. Companies like Royal Dutch Shell, ExxonMobil, and Chevron have been at the forefront of developing and deploying FLNG facilities. These companies have the financial resources and technical expertise to undertake large-scale FLNG projects.The growing demand for natural gas, particularly in Asia-Pacific, presents a significant opportunity for the FLNG facilities market. FLNG facilities can help meet this demand by enabling the development of offshore gas fields that are not economically viable for onshore LNG facilities.FLNG facilities can also be used for floating power generation. This presents an opportunity to provide electricity to remote areas or regions with limited infrastructure. Floating power generation using FLNG facilities can be a cost-effective and environmentally friendly solution.The development and deployment of FLNG facilities require significant upfront investment. This can be a challenge for companies, especially in a volatile market environment where the price of natural gas can fluctuate.FLNG facilities are complex engineering projects that require advanced technology and expertise. Overcoming technical challenges, such as ensuring safety and reliability in offshore environments, can be a hurdle for the market.In conclusion, the FLNG facilities market is expected to grow due to the increasing demand for natural gas and the advantages offered by these facilities. However, challenges such as high initial investment and technological complexities need to be addressed for the market to reach its full potential.

LP Information, Inc. (LPI) ' newest research report, the “Floating Liquefied Natural Gas Facilities Industry Forecast” looks at past sales and reviews total world Floating Liquefied Natural Gas Facilities sales in 2024, providing a comprehensive analysis by region and market sector of projected Floating Liquefied Natural Gas Facilities sales for 2025 through 2031. With Floating Liquefied Natural Gas Facilities sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Floating Liquefied Natural Gas Facilities industry.

This Insight Report provides a comprehensive analysis of the global Floating Liquefied Natural Gas Facilities landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Floating Liquefied Natural Gas Facilities portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Floating Liquefied Natural Gas Facilities market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Floating Liquefied Natural Gas Facilities and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Floating Liquefied Natural Gas Facilities.

This report presents a comprehensive overview, market shares, and growth opportunities of Floating Liquefied Natural Gas Facilities market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Floating Production Storage and Offloading (FPSO) Units
Floating Liquefaction Units (FLUs)
Floating Storage Units (FSUs)
Floating Regasification Units (FRUs)
Other

Segmentation by Application:
Oil and Gas
LNG Bunkering
Power Generation
Remote Areas
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shell
JGC
Golar LNG
Bechtel
Wison
ABB
Technip Energies
Black & Veatch
Chiyoda
BASF
Transborders Energy
Höegh LNG
Excelerate Energy
Exmar
Linde
UTM Offshore
Technip
DSME
Mitsubishi
Hyundai
MODEC
SBM Offshore

Key Questions Addressed in this Report

What is the 10-year outlook for the global Floating Liquefied Natural Gas Facilities market?

What factors are driving Floating Liquefied Natural Gas Facilities market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Floating Liquefied Natural Gas Facilities market opportunities vary by end market size?

How does Floating Liquefied Natural Gas Facilities break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.