Global Liquefied Natural Gas LNG Market
Liquefied natural gas LNG is natural gas that has been cooled to a liquid state, at about -260°Fahrenheit, for shipping and storage. The volume of natural gas in its liquid state is about 600 times smaller than its volume in its gaseous state. This process, which was developed in the 19th century, makes it possible to transport natural gas to places pipelines do not reach and to use natural gas as a transportation fuel.
According to the Segmentation of types, all the market of Liquefied Natural Gas LNG can be divided as follows:
The first kind need to mention is APCI, it hold a comparatively larger share in global market, which accounts for about 78.34% in 2018.
The following is Cascade took 15.41% market share in 2018. And Other took 6.25% market share in 2018.
From the view of region, APAC have a larger market share in 2018 which account for 54.19% and will witness a stable growth in following years. Europe hold a market share of 29.06% will still play an important role which cannot be ignored. Any changes from North America, which share a 7.65% market share in 2018, might affect the development trend of Liquefied Natural Gas LNG . South America and Middle East and Africa are also play important role in Global market.
According to this study, over the next five years the Liquefied Natural Gas LNG market will register a 6.0% CAGR in terms of revenue, the global market size will reach US$ 162310 million by 2024, from US$ 121550 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Liquefied Natural Gas LNG business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Liquefied Natural Gas LNG market by product type, application, key manufacturers and key regions and countries.
This study considers the Liquefied Natural Gas LNG value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other Liquefaction Technology
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Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transportation Fuel
Power Generation
Mining & Industrial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cheniere Energy
ConocoPhillips
Qatar Petroleum
Woodside Petroleum
Sinopec Group
BP
TOTAL
Shell
ExxonMobil
Chevron
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Liquefied Natural Gas LNG consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Liquefied Natural Gas LNG market by identifying its various subsegments.
Focuses on the key global Liquefied Natural Gas LNG manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Liquefied Natural Gas LNG with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Liquefied Natural Gas LNG submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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