Product Code: RP-ID-10085494 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Energy & Power |
Report ID: 10085494
Market Overview:
Large-scale LNG Terminals Market By Technology (Liquefaction, Onshore, Offshore, Regasification, Onshore, Offshore), By End User (Residential, Commercial, Industrial), and By Region | Global Industry Opportunity and Current Growth Analysis 2019-2025
Liquefied natural gas terminal is a structure designed to store liquefied natural gas. It comprises of special tanks, building structures, port infrastructures, and pipelines. Liquefied natural gas is the form used to transport natural gas by sea over long distances. LNG terminals are ports purposely built to avail the export and import of LNG. Moreover, the rise in need for the development of small- and large-scale terminals for LNG enhances the Industry growth. Due to environmental benefits, LNG proves as an excellent alternative as a cleaner and economic fuel across industrial, commercial, and automobile sectors.
This report projects the trends and opportunities of the global large scale LNG terminals Industry. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the Industry behavior during the forecast period.
The global Industry is expected to register major growth owing to the increase in demand for LNG across the world. The rise in need for the development of small and large scale terminals for LNG enhances the Industry growth worldwide. In addition, long-haul vehicle fleet owners have started following a trend of preferring LNG as a more economical alternative fuel, thus making way for growth opportunities in the Industry. However, apart from robust growth, low infrastructural development, especially across emerging nations and the absence of adequate demand from end users restrain the global large-scale LNG terminal Industry.
The global large scale LNG terminals Industry is segmented based on technology, end user, and geography. On the basis of technology, it is bifurcated into liquefaction and regasification. Liquefaction is further classified into onshore and offshore. Regasification is sub-categorized into onshore and offshore. By end-user, the Industry is divided into residential, commercial, and industrial. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players in this sector involve Royal Dutch Shell Plc, Exxon-Mobil Corporation, Santos Limited, Statoil ASA, Linde AG, Chevron Corporation, PETRONAS, Cameron LNG, Gazprom, and BP.
Large-scale LNG Terminals Industry Segmentation:
Large-scale LNG Terminals Industry Overview, By Technology
Liquefaction
Onshore
Offshore
Regasification
Onshore
Offshore
Large-scale LNG Terminals Industry Overview, By End User
Residential
Commercial
Industrial
Large-scale LNG Terminals Industry Overview, By Region
North America
USA
Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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