Qatar LNG Market to Grow at a steady CAGR During Forecast Period
Growing industrialization
& urbanization coupled with increasing number of power related projects to
drive the growth of Qatar LNG market
According
to TechSci Research report, “Qatar
LNG Market By Mode of Supply, By Application, By End Use, By Region,
Competition, Forecast & Opportunities, 2025” the Qatar LNG market is expected to grow at a steady rate during
the forecast period owing to the rising energy consumption, growing urban
population, increasing demand of natural gas vehicles, accelerating economic
growth, among others. Additionally, expansion of existing LNG terminals and
growing demand for natural gas as an alternate fuel are major factors projected
to propel the market during the coming years. However, insufficient pipeline
infrastructure can hamper the growth of market during forecast period.
Browse
market data Tables and Figures spread through
Pages and an in-depth TOC on " Qatar LNG
Market"
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The Qatar LNG market is segmented based on mode of supply, application,
end use, region and company. Based on application, the market can be categorized
into heating, process and power generation. The power generation segment is
expected to dominate the market through 2025 attributable to the reduced amount
of harmful environmental impacts, low fuel switching cost, as well as the
decline in the prices, among others.
Qatar Liquefied Gas Company
Limited, RasGas Company Limited, Nakilat, Qatar Petroleum, Exxon Mobil
Corporation and others are some of the leading players
operating in Qatar LNG market. The companies operating in the market are using
organic strategies such as product launches, mergers and collaborations to
boost their share.
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“Qatar
LNG market is expected to witness significant growth through 2025 owing to the
growing demand for natural gas and increasing disposable income of consumers in
the country. Additionally, growing adoption of natural gas in various
downstream industries due to concerns associated with poor air quality, coupled
with booming downstream infrastructural developments, increasing capital
investments in oil & gas exploration and production activities, and
favorable policy environment is anticipated to further propel the market over
the next five years.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Qatar LNG Market By Mode of Supply, By Application,
By End Use, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Qatar LNG
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Qatar LNG market.
Contact
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