South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032
Overview
The South Korea Small-Scale Liquefied Natural Gas (LNG) Market is expected to reach a 1,066.75 USD Billion by 2032 and is projected to grow at a CAGR of 19.18% from 2025 to 2032.
Revenue, 2024 (USD Billion)
357.04
Forecast, 2032 (USD Billion)
1,066.75
CAGR, 2024 - 2032
19.18%
Report Coverage
South Korea
South Korea Small-Scale Liquefied Natural Gas (LNG) Market 2018-2032 USD Billion
South Korea Small-Scale Liquefied Natural Gas (LNG) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 357.04 USD Billion
- Projected Market Size (2032): 1,066.75 USD Billion
- CAGR (2025-2032): 19.18%
Key Findings of South Korea Small-Scale Liquefied Natural Gas (LNG) Market
- The South Korea Small-Scale Liquefied Natural Gas (LNG) Market was valued at 357.04 USD Billion in 2024.
- The South Korea Small-Scale Liquefied Natural Gas (LNG) Market is likely to grow at a CAGR of 19.18% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Liquefaction Terminal in Type Segment accounted for the largest share of the market with a revenue of 270.48 USD Billion
- The fastest growing segment Atmospheric in Storage Tank Segment grew Fastest with a CAGR of 19.71% during the forecast period from 2024 to 2032.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Scope
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Segmentation & Scope
Storage Tank
- Floating Storage (FSU)
- Pressurized
- Atmospheric
Mode of Supply
- Others
- Pipeline
- Shipment & Bunkering
- Rail Tanks
- Trucks
Type
- Regassification Terminal
- Liquefaction Terminal
Application
- Others
- Industrial and Power
- Transportation
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 357.04 USD Billion |
| Market Value in 2032 | 1,066.75 USD Billion |
| CAGR (2025-2032) | 19.18% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Storage Tank,Mode of Supply,Type,Application |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 357.04 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 357.04 USD Billion in 2024.
Segments and Scope
-
South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032, By Storage Tank
- Atmospheric is the largest segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a revenue of 248.67 USD Billion in the year 2024.
- Atmospheric is the Fastest growing segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a Growth rate of 19.71 % in forecast period 2025-2032.
-
South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032, By Mode of Supply
- Trucks is the largest segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a revenue of 226.46 USD Billion in the year 2024.
- Trucks is the Fastest growing segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a Growth rate of 19.68 % in forecast period 2025-2032.
-
South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032, By Type
- Liquefaction Terminal is the largest segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a revenue of 270.48 USD Billion in the year 2024.
- Liquefaction Terminal is the Fastest growing segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a Growth rate of 19.42 % in forecast period 2025-2032.
-
South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032, By Application
- Transportation is the largest segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a revenue of 256.23 USD Billion in the year 2024.
- Transportation is the Fastest growing segment in South Korea Small-Scale Liquefied Natural Gas (LNG) Market to 2032 with a Growth rate of 19.46 % in forecast period 2025-2032.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Company Share Analysis
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Small-Scale Liquefied Natural Gas (LNG) Market is segmented based on Segmentation Storage Tank,Mode of Supply,Type,Application.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market was valued at USD 357.04(Revenue in USD Billion) in 2022.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market is projected to grow at a CAGR of 19.18% during the forecast period of 2024 to 2032.
The Liquefaction Terminal segment is expected to dominate the South Korea Small-Scale Liquefied Natural Gas (LNG) Market, holding a largest market share of 270.48 USD Billion in 2024
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South Korea Small-Scale Liquefied Natural Gas (LNG) Market Scope
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Segmentation & Scope
Storage Tank
- Floating Storage (FSU)
- Pressurized
- Atmospheric
Mode of Supply
- Others
- Pipeline
- Shipment & Bunkering
- Rail Tanks
- Trucks
Type
- Regassification Terminal
- Liquefaction Terminal
Application
- Others
- Industrial and Power
- Transportation
Frequently Asked Questions
The South Korea Small-Scale Liquefied Natural Gas (LNG) Market is segmented based on Segmentation Storage Tank,Mode of Supply,Type,Application.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market was valued at USD 357.04(Revenue in USD Billion) in 2022.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market is projected to grow at a CAGR of 19.18% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Small-Scale Liquefied Natural Gas (LNG) Market for final year is USD 1,066.75 (USD Billion).
South Korea Small-Scale Liquefied Natural Gas (LNG) Market Company Profiling
Frequently Asked Questions
The South Korea Small-Scale Liquefied Natural Gas (LNG) Market is segmented based on Segmentation Storage Tank,Mode of Supply,Type,Application.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market was valued at USD 357.04(Revenue in USD Billion) in 2022.
South Korea Small-Scale Liquefied Natural Gas (LNG) Market is projected to grow at a CAGR of 19.18% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Small-Scale Liquefied Natural Gas (LNG) Market for final year is USD 1,066.75 (USD Billion).
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