Small Scale LNG (SSLNG) Market: Competitive Dynamics & Global Outlook 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Small Scale LNG (SSLNG) market.

Small-scale liquefied natural gas (SSLNG), a niche but nascent industry that is already profitable and scalable, boasts significant potential. It is well placed to meet the growing demand from the shipping and trucking industries for fuels that are more environmentally friendly than oil and diesel. SSLNG also enjoys advantages in addressing off-grid power generation for industrial and residential needs in remote locations. Because LNG burns more cleanly than other fossil fuels such as petroleum and coal, SSLNG is likely to gain further traction as market and regulatory pressures to transition to lower-carbon energy intensify. In the same way that “fracking” transformed the U.S. energy landscape, SSLNG has the potential to transform the role of gas in a number of key geographies and industry sectors.

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Global Small Scale LNG (SSLNG) Market: Forecast by Type / Application / Region

SSLNG industry has been developing fast due to its high cost performance. The SSLNG industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 27.1% of the revenue market. Regionally, China is the biggest revenue area, also the leader in the whole SSLNG industry.

Asia Pacific occupied 54.3% of the sales market in 2017. It is followed by Europe and NA, which respectively account for around 36.7% and 4.8% of the global total industry. Other countries have a small amount of sales.

According to this study, over the next five years the Small Scale LNG (SSLNG) market will register a 10.4% CAGR in terms of revenue, the global market size will reach US$ 10400 million by 2024, from US$ 6350 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Small Scale LNG (SSLNG) business, shared in Chapter 3.

Global Small Scale LNG (SSLNG) Market: Key Players
Guanghui Energy
Gasnor
Kunlun Energy
Xilan Natural Gas
Shaanxi Yanchang Petroleum
Skangas
Hanas
Yuanheng Energy
China National Coal Group
Hebei Huaqi Natural Gas
Statoil
Nippon Gas
Engie
PetroChina
Linde
CNOOC

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Related Information:
United States Small Scale LNG (SSLNG) Market Research Report 2018
Europe Small Scale LNG (SSLNG) Market Research Report 2018
North America Small Scale LNG (SSLNG) Market Research Report 2018
Asia-Pacific Small Scale LNG (SSLNG) Market Research Report 2018
China Small Scale LNG (SSLNG) Market Research Report 2018
EMEA Small Scale LNG (SSLNG) Market Research Report 2018
Global Small Scale LNG (SSLNG) Market Research Report 2018

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