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Small-Scale LNG Market Study To 2025 With Analysis On BP, Shell, Total, ENGIE, Eni, Air Products, Statoil, Wärtsilä, BG Group, GE Oil & Gas, Black & Veatch, The Linde Group, Gazprom transgaz Yugorsk, ConocoPhillips, PT.Pertamina (Persero)
The Small-Scale LNG market report provides with CAGR price fluctuation throughout the forecast amount of 2018-2025 for the market. The numerical knowledge is insured by applied mathematics tools like SWOT analysis, Porter's 5 Forces Analysis and else. The world Small-Scale LNG market report conjointly contains the drivers and restrains for the market that square measure derived from SOWT analysis, and conjointly shows what all the recent developments, product launches, joint ventures, merges and accusations by the many key players and types that square measure driving the market square measure by general company profiles.The Global Small-Scale LNG Market accounted for USD 265.25 million tons per annum and it is projected to grow at a CAGR of 3.0% during the forecast period.
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Report Forecasting Regional and Global Analysis on Small-Scale LNG Market By Type (Liquefaction Terminal, Regasification Terminal) By Application (Heavy-Duty Vehicles, Marine Transport, Industrial & Power) and Geography.
Developing interest for small scale LNG in rock solid vehicles, marine transport and modern and power exercises is relied upon to be one of the real drivers of the market throughout the following seven years. The small scale LNG market is uniquely focused in the spots where there is less generation of LNG and does not require huge LNG liquefaction plants. The global market is consolidated with the presence of a limited number of players. Some of the major players in small-scale LNG market include
· Chart Industries Inc.
· The Linde AG
· Air Products & Chemicals Inc.
· Siemens AG,
· General Electric (GE Oil & Gas)
· Wartsila, Black & Veatch
· ConocoPhillips
· Plum Energy LLC
· BP P.L.C.
· Royal Dutch Shell plc,
· Kunlun Energy Ltd,
Others: Skangass, Total S.A., China National Offshore Oil Corporation, Engie SA, Gazprom, Eni SpA, Pertamina, Statoil ASA and many more. Major small-scale LNG players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
· In March 2018, Okra Energy awarded the power generation contract for Peru’s first Small-Scale Natural Gas Liquefaction (ssLNG) facility.
· In February 2018, ICE developed new small-scale LNG carrier concept.
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The small-scale LNG market is segmented on the basis of type into
· Liquefaction Terminal
· Regasification Terminal
On the basis of application, the market is segmented into
· Heavy-Duty Vehicles
· Marine Transport
· Industrial & Power
On the basis of geography, the small-scale LNG market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are
· U.S.
· Canada
· Germany
· France
· U.K.
· Netherlands
· Switzerland
· Turkey
· Russia
· China
· India
· South Korea
· Japan
· Australia
· Singapore
· Saudi Arabia
· South Africa
· Brazil among others
Major Market Drivers:
· Energy cost advantage of LNG over alternate energy sources
· Environmental benefits
· Fiscal regime and subsidies by governments
Market Restraint:
· High initial cost for LNG terminals
· Lack of pipeline Infrastructure in Asia-Pacific
Report Coverage: Global Small-Scale LNG Market
· Provides profiles of major competitors of the market.
· Details of their operations, product and services.
· Recent developments and key financial metrics.
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Customization Options
· All segmentation provided above in this report is represented at country level and can be customized according to needs.
· All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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