Natural gas is a clean source fossil fuel with lowest emission of pollutants. The energy sector is facing issues owing to strict regulations against climate change, widening supply and demand gap, rising concern relating to cleaner and sustainable source of energy, and depleting fossil resources. Natural gas is sustainable energy source. However, the source faces storage issues as the volume of natural gas is high. To solve this problem, natural gas is converted to liquid form at liquefaction terminals, for ease of transportation. At the destination of end use, the liquefied gas is again converted to gas at regasification terminals. Liquefied natural gas (LNG) is natural gas in its, liquid form. The gas is cooled at -1600C to convert it into an odorless, colorless liquid, that can be again re-gasified at end use destination. The typical value chain for the LNG includes gas production & transmission, treatment & liquefaction plant, storage, LNG shipping in ballasts, receiving terminals, regasification, and then to end user.
Global Small Scale LNG market is expected to witness phenomenal growth during the forecast period. The market is expected to grow in Asia Pacific region and Africa region due to increasing demand for natural gas as fuel for power and automobile industry. Besides, the regions are experiencing surge in projects of liquefaction and regasification terminal. For instance, Japan and South Korea are increasing their liquefaction capacity, thus, driving the market. Egypt has emerged as new importer for LNG while Mozambique has discovered a new gas field, which will make the nation a huge gas exporter. Europe region is likely to follow the small-scale LNG market after Asia Pacific and Africa regions. According to European Union policies, the nations are phasing out coal-based power plants, thus creating surge in demand for LNG.
The global Small Scale LNG market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Small Scale LNG volume and value at global level, regional level and company level. From a global perspective, this report represents overall Small Scale LNG market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Small Scale LNG in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Small Scale LNG manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
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The following manufacturers are covered:
Engie SA (France)
Honeywell International Inc. (US)
W?rtsil? Corporation (Finland)
The Linde Group (Germany)
Skangas AS (Norway)
IHI Corporation (Japan)
Excelerate Energy L.P (U.S)
Prometheus Energy (U.S)
GE Oil & Gas (US)
Segment by Regions
Segment by Type
Segment by Application
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