Global LNG Storage Tank Market Assessment, By Type [Moss tanks (Spherical IMO type B LNG tanks), Membrane Tanks, Self-supporting Prismatic shape IMO type B (SPB), Others], By Material [Aluminum, Stainless Steel, Nickel steel (9%), Others], By End-use Industry [Energy and Power, Metal Processing, Transportation and Logistics, Others], By Region, Opportunities and Forecast, 2017-2031F

Global LNG storage tank market is projected to witness a CAGR of 8.06% during the forecast period 2024-2031, growing from USD 15.84 billion in 2023 to USD 29.45 billion in 2031.

LNG Storage Tank Market Global Forecast to 2031

Global LNG Storage Tank Market Assessment, Opportunities and Forecast, 2017-2031F

Global LNG Storage Tank market is growing at an exponential rate due to frequent utilization of moss and membrane tanks. Moreover, a steep surge in usage of LNG storage tanks in the transportation and logistics industry is further fueling the market prosperity.

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