Small-Scale LNG Market by 2026 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 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.

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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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.

Key Developments in the Market:

In December 2018, Novatek announced the launch of their new small- scale LNG plant at Baltic Sea which has a capacity of 660,000 tonnes of the frozen gas per year and will expand it to 800,000 tonnes by 2021. It is the first cargo of liquefied natural gas as per the contractor Atomtekhenergo.
In November 2018, Edison announced the launch of their first Italy first integrated logistics chain of small scale LNG along with PIR (Petrolifera Italiana Rumena). It will have storage capacity of 20,000 cubic meters of LNG and will come into operation in 2021.

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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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