Global Lgc And Vlgc Lng Shipyard Carrier Market Size & Outlook

The global lgc and vlgc lng shipyard carrier market size was estimated at USD 12,318.7 million in 2024 and is projected to reach USD 67,323.1 million by 2040, growing at a CAGR of 11.2% from 2025 to 2040.
Revenue, 2024 (US$M)
$12,318.7
Forecast, 2040 (US$M)
$67,323.1
CAGR, 2025 - 2040
11.2%
Report Coverage
Worldwide

Global lgc and vlgc lng shipyard carrier market, 2021-2040 (US$M)

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Global lgc and vlgc lng shipyard carrier market highlights

  • The global lgc and vlgc lng shipyard carrier market generated a revenue of USD 12,318.7 million in 2024 and is expected to reach USD 67,323.1 million by 2040.
  • The market is expected to grow at a CAGR (2025 - 2040) of 11.2% by 2040.
  • In terms of segment, moss type accounted for a revenue of USD 7,943.7 million in 2024.
  • Membrane Type is the most lucrative containment type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, Indonesia is expected to register the highest CAGR from 2025 to 2040.

Global data book summary

Market revenue in 2024USD 12,318.7 million
Market revenue in 2040USD 67,323.1 million
Growth rate11.2% (CAGR from 2025 to 2040)
Largest segmentMoss type
Fastest growing segmentMembrane Type
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2040
Quantitative unitsRevenue in USD million
Market segmentationMoss Type, Membrane Type

Other key industry trends

  • In terms of revenue, the North America accounted for 27.1% of the global lgc and vlgc lng shipyard carrier market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2040.
  • By country, Indonesia is the fastest growing regional market and is projected to reach USD 1,685.6 million by 2040.

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LGC And VLGC LNG Shipyard Carrier Market Companies

Name Profile # Employees HQ Website
Samsung Heavy Industries View profile 10001+ Seongnam, Kyonggi-do, South Korea, Asia http://www.samsungshi.com
Daewoo Shipbuilding & Marine Engineering (DSME) View profile 5001-10000 Gyeongsan, Kyongsang-bukto, South Korea, Asia https://www.dsme.co.kr/epub/main/index.do
China State Shipbuilding Corporation View profile - Shanghai, Shanghai, China, Asia http://csscholdings.cssc.net.cn/
Hyundai Heavy Industries View profile 10001+ Ulsan, Kyongsang-bukto, South Korea, Asia http://english.hhi.co.kr/
Nippon Yusen Kabushiki Kaisha View profile 46545 3 - 2, Marunouchi 2 Chome, Chiyoda-Ku, Tokyo, Japan, 100-0005 http://www.nyk.com
Mitsui O.S.K. Lines Ltd View profile 11233 1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, Japan, 105-8688 http://www.mol.co.jp
STX Group View profile 251-500 Amsterdam, Noord-Holland, The Netherlands, Europe https://www.stxgroup.com/
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
Kawasaki Heavy Industries Ltd View profile 38254 Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, Japan, 650-8680 http://www.khi.co.jp
Mitsubishi Heavy Industries Ltd View profile 86331 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 https://www.mhi.com

Global lgc and vlgc lng shipyard carrier 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 lgc and vlgc lng shipyard carrier market will help companies and investors design strategic landscapes.


Moss type was the largest segment with a revenue share of 64.48% in 2024. Horizon Databook has segmented the Global lgc and vlgc lng shipyard carrier market based on moss type, membrane type covering the revenue growth of each sub-segment from 2021 to 2040.


  • Global LGC And VLGC LNG Shipyard Carrier Containment Type Outlook (Revenue, USD Million, 2021-2040)
    • Moss Type
    • Membrane Type
      • 96 System (Gaz Transport System)
      • Mark III System (Technigaz System)

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Horizon Databook provides a detailed overview of global-level data and insights on the Global lgc and vlgc lng shipyard carrier market , including forecasts for subscribers. This global databook contains high-level insights into Global lgc and vlgc lng shipyard carrier market from 2021 to 2040, including revenue numbers, major trends, and company profiles.

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Global lgc and vlgc lng shipyard carrier market size, by regions, 2021-2040 (US$M)

Top 10 countries: Lgc and vlgc lng shipyard carrier market size, 2024 (US$M)

Global lgc and vlgc lng shipyard carrier market share, by containment type, 2024 & 2040 (%, US$M)

Lgc and vlgc lng shipyard carrier market: Opportunity assessment by country

Global lgc and vlgc lng shipyard carrier market, by region, 2024 (US$M)

Global lgc and vlgc lng shipyard carrier market size, by regions, 2021-2040 (US$M)

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