Global Small-Scale Liquefaction Industry 2016-2020

About Liquefied Natural Gas (LNG)

Natural gas normally accompanies crude oil in oil and gas reservoirs. Earlier, there was no way of tapping the natural gas stream that was produced during crude oil extraction (onshore or offshore). Any such gas was flared off. However, with the advent of advanced technologies and commercialization of natural gas, it started getting stored and supplied to gas stations. One issue faced by the oil and gas industry was the transportation of gas. Eventually, liquefaction of gas became the norm of the industry to reduce its volume and transport it efficiently. Conversion of natural gas from gaseous to liquid form by decreasing its temperature is known as liquefied natural gas (LNG).

Technavios analysts forecast the global small-scale liquefaction industry to grow at a CAGR of 7.48% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global small-scale liquefaction industry for 2016-2020. The report discusses market segmentation based on end-user segment (roadways, bunkering, power and others) and geography (APAC, the Americas, and EMEA).

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Small-Scale Liquefaction Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Black & Veatch
GE
Linde
Royal Dutch Shell (Shell)
Siemens

Other prominent vendors
Chart Industries
Cryostar
GTI
Wrtsil

Market driver
Stringent maritime emission regulations propelling SSLNG growth
For a full, detailed list, view our report

Market challenge
Perceived high switch over costs hampering swift market penetration of SSLNG
For a full, detailed list, view our report

Market trend
On and off competition for SSLNG from oil prices
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.