Global small scale LNG liquefaction
plant market is forecast to grow at a CAGR of over 12% during 2019-2024, owing
to increasing demand for natural gas across the globe. Moreover, increasing
investments in exploration and production activities and growing consolidation
in the oil & gas industry is positively impacting the growth of small scale
LNG liquefaction plants globally. Liquefaction plant is a facility that
converts natural gas from its natural gaseous state to a liquid state. The gas
is first cleaned of all traces of CO2, water, mercury and sulphur. It is then
cooled to -160° Celsius in cold boxes until it becomes liquid. In this form, it
is stored in tanks.
In terms of region, global small
scale LNG liquefaction plant market is categorized into Asia-Pacific, North
America, Europe, Middle-East & Africa and South America. Among these
region, Asia-Pacific market small scale LNG liquefaction plant accounted for a
significant portion of the global market in 2018. China is one of the major
contributors to small scale LNG liquefaction plant market in the region.
Some of the major players
operating in global small scale LNG liquefaction plant market are Wartsila
Corporation; Chart Industries Inc.; Baker Hughes, a GE Company; The Linde AG;
Air Products & Chemicals Inc, among others
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyze and forecast global small scale LNG liquefaction plant market
size
- To forecast global small scale
LNG liquefaction plant market based on capacity and regional
distribution
- To identify drivers and challenges for global small scale LNG
liquefaction plant market
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in global small scale LNG
liquefaction plant market
- To conduct pricing analysis for global small scale LNG liquefaction
plant market
- To identify and analyze the profile of leading players operating in
global small scale LNG liquefaction plant market
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Some of the leading players in global small scale LNG
liquefaction plant market are Wartsila
Corporation; Chart Industries Inc.; Baker Hughes, a GE Company; The Linde AG;
Air Products & Chemicals Inc; Galileo Technologies SA; Kunlun Energy;
Siemens AG; China National Offshore Oil Corporation; Black & Veatch, etc.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of small scale LNG liquefaction plant EPC contractors, system
integrators and LNG producers across the globe. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research was able to include the EPC
contractors, system integrators and LNG producers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the product
offerings, distribution channels and presence of all major EPC contractors,
system integrators and LNG producers across the globe.
TechSci
Research calculated global small scale LNG liquefaction plant market size using a top down approach, wherein data for various applications across
various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target
Audience:
- Small scale LNG liquefaction plant contractors
- Small scale LNG liquefaction plant equipment
suppliers
- LNG producers
- Small scale LNG liquefaction plant system
integrators
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
small scale LNG liquefaction plant market
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as EPC
contractors, equipment suppliers and end users. The study would also help them
in identifying which market segments should be targeted over the coming years
in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, global small scale LNG liquefaction
plant market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- Market, by Capacity
- up to 0.16 MTPA
- 0.17 – 0.33 MTPA
- 0.34 – 0.65 MTPA
- 0.66 – 1 MTPA
- Market, by Region
- Asia-Pacific
- China
- India
- Japan
- Indonesia
- Singapore
- Europe
- France
- Russia
- United Kingdom
- Italy
- Spain
- Norway
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Chile
- Middle East
& Africa
- Algeria
- Saudi Arabia
- UAE
- Iran
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in global small scale LNG liquefaction plant market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect sales
channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com