This Small-Scale LNG Market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. This market research report is very crucial in several ways for business growth and to thrive in the market. Competitive analysis is the major feature of any market research report, and hence Small-Scale LNG report covers many points including strategic profiling of key players in the market, analyse core competencies of key players, and draw a competitive landscape for the Chemical and Materials industry. This market report gives an edge to compete and to outdo the competition.
Businesses can achieve practical and enduring results which are driven by accurate and timely research. Small-Scale LNG Market report evaluates the growth rate and the market value based on market dynamics and growth inducing factors. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Chemical and Materials industry.
Global Small-Scale LNG Market is expected to rise from its initial estimated value of USD 29.31 billion in 2018 to an estimated value of USD 49.66 billion by 2026, registering a CAGR of 6.81% in the forecast period of 2019-2026. Increasing demand for the LNG is the major factor for the growth of this market.
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The small scale LNG is especially used for the places where there is less production of LNG and they also don’t require large plants. They usually use tanker, ships and trucks. These small LNG has production capacity of 500000 TPY and are usually used where there is requirement of LNG by the consumers. Increasing demand of LNG in marine and heavy transport is the major factor for the growth of this market.
Segmentation: Global Small-Scale LNG Market
Industrial & Power
By Modes of Supply:
Trans- Shipment and Bunkering
Captive Consumption through Pipeline & Rail
Truck Fuelling Stations
Top Manufacturers Covered in the Report:
Few of the major competitors currently working in small- scale LNG market are Linde plc, Wärtsilä, Honeywell International Inc, GENERAL ELECTRIC, ENGIE, Gazprom, Sofregaz Company, Dresser-Rand, , Excelerate Energy. L. P., Cryostar, Equinor ASA, PT Pertamina(Persero), Eni, Total, Gasum Oy, Kunlun Energy Company Limited, Royal Dutch Shell, BP p.l.c.
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Regions & Top Countries Data Covered in this Report:
Small-scale LNG market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Small-Scale LNG Market Development:
In May 2019, Pivotal LNG and NorthStar Midstream announced the operation of their JAX LNG facility. This plant is small- scale LNG facility which is specially designed for truck loading and marine and is suitable for other industries such as power generation, rail, commercial, drilling and others. This new plant has the ability to produce 120,000 gallons of LNG in a day and can store around 2 million gallons of LNG.
Some of the key questions answered in this report:
Detailed Overview of Small-Scale LNG Market helps deliver clients and businesses making strategies.
Influential factors that are thriving demand and constraints in the market.
What trends, challenges and barriers will impact the development and sizing of Small-Scale LNG Market?
SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
What growth momentum or acceleration market carries during the forecast period?
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