Global Small-Scale LNG Market is Expected to Grow at 13.4% in the Forecast Period of 2020 to 2027

Global Small-Scale LNG Market is forecasted to grow at 13.4% with factors such as increasing consumption of small-scale LNG in the coating industry.

Small-scale LNG market has shown an exceptional penetration in countries such as U.S., Germany and China. Growing usage of small-scale LNG is increasing the penetration in developed countries. In developing countries, increasing demand of natural gages in industrial, commercial & residential sector is creating opportunity for the global small-scale LNG market.

Small-Scale LNG Market Scenario

According to Data Bridge Market Research the market for small-scale LNG in Asia-Pacific region has the highest market share followed by North America and Europe Market leader are ENGIE, Siemens and Eni which accounts an estimated market share of approximately 35% to 38% in the Asia-Pacific. The company has gained outstanding sales through their wide range of Small-Scale LNG that have wide range of application in ink sector.

  • In November 2018, Linde received a project from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd for supplying a small-scale LNG plant near Beinichuan in Inner Mongolia. Through this project, the company will able to gain more trust of its customers.
  • In January 2020, Eni S.p.A. announced that they had signed an agreement for purchasing 1.5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG). Through this, the company aims to fulfil the growing demand of its customers in the market.

Trends Impacting the Market

Now the question is which other regions ENGIE, Siemens, Eni S.p.A. are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific small-scale LNG market and the market leaders targeting China and India to be their next revenue pockets for 2020.

The small-scale LNG market is becoming more competitive every year with companies such as ENGIE, Siemens, Eni S.p.A. as they are the market leaders for small-scale LNG. The data bridge market research new reports highlight the major growth factors and opportunities in the small-scale LNG market.

For more analysis on the small-scale LNG market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-small-scale-lng-market

Small-Scale LNG Market Development

  •  In March 2020, Wärtsilä announced that they have been selected for the supplying of the cargo 18,000 cbm LNG bunkering vessel. Wärtsilä’s small-scale LNG production is the factor in the award of this latest contract

Scope of the Small-Scale LNG Market

Global small-scale LNG market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East & Africa.

  • All country based analysis of small-scale LNG market is further analyzed based on further segmentation on the basis of type, mode of supply, storage tank, and application. On the basis of type, the global small-scale LNG market is segmented into liquefaction terminal and regasification terminal. On the basis of mode of supply, the global small-scale LNG market is segmented into trucks, shipment & bunkering, rail tanks, pipeline and others. On the basis of storage tank, the global small-scale LNG market is segmented into, atmospheric, pressurized and floating storage (FSU). On the basis of application, the global small-scale LNG market is segmented into transportation, industrial and power and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-small-scale-lng-market

Key Pointers Covered in Small-Scale LNG Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness
  • Value Chain Analysis

Key Market Competitors Covered in the Report

  • Linde
  • Sofregaz Company
  • WÄRTSILÄ
  • Stabilis Energy, Inc.
  • Baker Huges
  • a GE company LLC (A Subsidiary of GENERAL ELECTRIC)
  • Honeywell (A Subsidiary of Honeywell International)
  • Total
  • Royal Dutch Shell plc
  • Siemens
  • Air Products and Chemicals, Inc.
  • Gasum Oy
  • Black & Veatch Holding Company
  • ENGIE
  • Gazprom
  • Excelerate Energy. L. P.
  • Equinor ASA
  • PT Pertamina (Persero)
  • China National Offshore Oil Corporation
  • Eni S.p.A.
  • Kunlun Energy Company Limited
  • bp p.l.c.

Above are the key players covered in the report, to know about more and exhaustive list of small-scale LNG companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-small-scale-lng-market

Research Methodology: Global Small-Scale LNG Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Ink Industry, Coating Industry, Textile Industry
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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