Small scale LNG Market 2018 Historical Analysis, Comprehensive Research Study, Opportunities, Competitive Landscape and Trends by Forecast 2022

The report studies key players, providing a Future trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW).The scope of the study segments the Global Small Scale LNG Market its material, product, manufacturing process, application and region. T

Market Overview:-

Liquefied natural gas (LNG) is natural gas in its, liquid form. The gas is cooled at -1600C to convert it into an odorless, colorless liquid, that can be again re-gasified at end use destination. The typical value chain for the LNG includes gas production & transmission, treatment & liquefaction plant, storage, LNG shipping in ballasts, receiving terminals, regasification, and then to end user. The major demand for LNG comes from power plants, fertilizer industry, and transportation fueling, cooking and heating for industrial, commercial & residential sector. In recent scenario, the smaller scale LNG projects have boosted up with increasing demand for LNG and emerging markets as net importers and exporters. According to Shell’s LNG outlook, global gas demand growth by sectors including power, transport, and others, expanded at 2% CAGR, in 2017.

Top Key Player:-

• The Linde Group 
• Honeywell International Inc.
• General Electric
• Wärtsilä Corporation
• Skangas AS 
• Prometheus Energy 
• Excelerate Energy L.P 

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Segments:-

Global small-scale LNG market has been segmented on the basis of mode of supply, type, application, and region. Based on type, the market is further segmented into liquefaction and regasification terminals. Liquefaction terminal segments holds larger market share due to increasing natural gas storage infrastructure. On the basis of mode of supply, global small-scale LNG market is classified as Trucks, Trans-shipment and Bunkering, Captive Consumption through Pipeline & Rail. The trans-shipment and Bunkering market is prominent in the market due to booming shipping industry. Based on applications, the market is segmented as utilities, residential, industrial & commercial, marine, and transportation.

Scope of the Report:-

This study provides an overview of the global small scale LNG market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global small scale LNG market by its type, application, operational depth and regions.

By Type

• Liquefaction terminal,
• Regasification terminal

By Application

• Utilities
• Residential
• Industrial and Commercial
• Marine
• Transportation

By Region

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

Global Small Scale LNG MarketAnalysis:-

Global Small Scale LNG market is expected to witness phenomenal growth during the forecast period. The market is expected to grow in Asia Pacific region and Africa region due to increasing demand for natural gas as fuel for power and automobile industry. Besides, the regions are experiencing surge in projects of liquefaction and regasification terminal. For instance, Japan and South Korea are increasing their liquefaction capacity, thus, driving the market. Egypt has emerged as new importer for LNG while Mozambique has discovered a new gas field, which will make the nation a huge gas exporter. Europe region is likely to follow the small-scale LNG market after Asia Pacific and Africa regions. According to European Union policies, the nations are phasing out coal-based power plants, thus creating surge in demand for LNG

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