South Korea Liquefaction Market to 2032

Overview

The South Korea Liquefaction Market is expected to reach a 40.83 USD Million by 2032 and is projected to grow at a CAGR of 8.65% from 2025 to 2032.

Revenue, 2024 (USD Million)
25.52
Forecast, 2032 (USD Million)
40.83
CAGR, 2024 - 2032
8.65%
Report Coverage
South Korea

South Korea Liquefaction Market 2018-2032 USD Million

South Korea Liquefaction Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 25.52 USD Million
  • Projected Market Size (2032): 40.83 USD Million
  • CAGR (2025-2032): 8.65%

Key Findings of South Korea Liquefaction Market

  • The South Korea Liquefaction Market was valued at 25.52 USD Million in 2024.
  • The South Korea Liquefaction Market is likely to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Bunkering/Ship in Mode of Supply Segment accounted for the largest share of the market with a revenue of 11.29 USD Million
  • The fastest growing segment Chemicals and Petrochemicals in Application Segment grew Fastest with a CAGR of 9.11% during the forecast period from 2024 to 2032.

South Korea Liquefaction Market Scope

South Korea Liquefaction Market Segmentation & Scope
Mode of Supply
  • Rail
  • Truck
  • Pipeline
  • Bunkering/Ship
Application
  • Others
  • Industrial Feedstock
  • Power Generation
  • Chemicals and Petrochemicals

South Korea Liquefaction Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 25.52 USD Million
Market Value in 2032 40.83 USD Million
CAGR (2025-2032) 8.65%
Historic Data 2016-2023
Market Segments Covered Mode of Supply,Application

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 25.52 USD Million in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 25.52 USD Million in 2024.

Segments and Scope

  • South Korea Liquefaction Market to 2032, By Mode of Supply
    • Bunkering/Ship is the largest segment in South Korea Liquefaction Market to 2032 with a revenue of 11.29 USD Million in the year 2024.
    • Bunkering/Ship is the Fastest growing segment in South Korea Liquefaction Market to 2032 with a Growth rate of 8.99 % in forecast period 2025-2032.
  • South Korea Liquefaction Market to 2032, By Application
    • Chemicals and Petrochemicals is the largest segment in South Korea Liquefaction Market to 2032 with a revenue of 10.63 USD Million in the year 2024.
    • Chemicals and Petrochemicals is the Fastest growing segment in South Korea Liquefaction Market to 2032 with a Growth rate of 9.11 % in forecast period 2025-2032.

South Korea Liquefaction Market Company Share Analysis

 
Company Name Company Share Analysis
Eni Spa
Shell
Air Products and Chemicals, Inc.
Linde Plc
Siemens Energy,
South Korea Liquefaction Market Company Share Analysis

South Korea Liquefaction Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Liquefaction Market Geographical Sales Distribution, 2018-2032 USD Million

South Korea Liquefaction Market Company Profiling

South Korea Liquefaction Market Company Profiling
Frequently Asked Questions
The South Korea Liquefaction Market is segmented based on Segmentation Mode of Supply,Application.
South Korea Liquefaction Market was valued at USD 25.52(Revenue in USD Million) in 2021.
South Korea Liquefaction Market is projected to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
The Bunkering/Ship segment is expected to dominate the South Korea Liquefaction Market, holding a largest market share of 11.29 USD Million in 2024

South Korea Liquefaction Market Scope

South Korea Liquefaction Market Segmentation & Scope
Mode of Supply
  • Rail
  • Truck
  • Pipeline
  • Bunkering/Ship
Application
  • Others
  • Industrial Feedstock
  • Power Generation
  • Chemicals and Petrochemicals
Frequently Asked Questions
The South Korea Liquefaction Market is segmented based on Segmentation Mode of Supply,Application.
South Korea Liquefaction Market was valued at USD 25.52(Revenue in USD Million) in 2021.
South Korea Liquefaction Market is projected to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Liquefaction Market for final year is USD 40.83 (USD Million).

South Korea Liquefaction Market Company Profiling

South Korea Liquefaction Market Company Profiling
Frequently Asked Questions
The South Korea Liquefaction Market is segmented based on Segmentation Mode of Supply,Application.
South Korea Liquefaction Market was valued at USD 25.52(Revenue in USD Million) in 2021.
South Korea Liquefaction Market is projected to grow at a CAGR of 8.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Liquefaction Market for final year is USD 40.83 (USD Million).

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