+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Planned LNG Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Pre Book Price: $ 5216

Original Price: $ 5795

Liquefied Natural Gas (LNG) is a natural gas that can be converted into the liquid state by cooling it to below -163°C. Setting up an LNG chain entails investment in exploration and production, liquefaction, shipping, and storage and regasification.  Planned LNG is a term associated with expansion of storage and regasification terminal capacities. The planned LNG market can be segmented into liquefaction terminal and regasification terminal. Liquefaction and regasification terminals are further categorized into onshore and offshore terminals. Planned LNG terminal helps lower transportation costs. LNG is a clean burning fuel; hence, it is used for long haul vehicles. It lowers emissions as compared to alternative fossil fuels. This has encouraged many fuel service providers to adopt LNG as alternate fuel. In turn, this is propelling the demand for planned LNG.

Development of unconventional gas sources, advancement in offshore liquefaction technology & offshore gas discoveries, and fluctuation in supply of crude oil are some of the factors driving the global planned LNG market. Development of planned liquefaction plants and increase in demand for LNG are also contributing to market growth. Rise in exploration of shale gas has lowered the dependence on natural gas imports and created surplus for LNG exports. This, in turn, is boosting the planned LNG market. However, increase in number of domestic and foreign terminals that are already completed, rise in cost of building LNG terminals, and storage of LNG may hamper the planned LNG market. Introduction of floating terminals and floating production storage offloading (FPSO) platforms has provided immense opportunities to market players to limit the need of LNG storage tanks, undersea pipelines, and related construction. This has helped lower the cost of LNG production. Floating LNG production terminals can be stationed directly over an offshore field, and relocated once the field is depleted, or in case of bad weather. Hence, development of floating terminals is anticipated to augment the demand for planned LNG terminals.

In terms of region, the planned LNG market has been segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa.  North America, Europe, and Asia Pacific are estimated to dominate the planned LNG market in the near future. Rise in demand for energy in countries such as India and China has led to the development of planned LNG terminals at various locations. Increase in demand for natural gas, rise in consumption of gas in power generation, and cold weather in Europe are some of the factors driving the planned LNG market. Growth in LNG liquefaction capacity has also led to the development of planned LNG terminals in the U.S, Australia, Iran, and Papua New Guinea. Increase in gas discoveries and investment by foreign market players are further fuelling the establishment of planned LNG export terminals. Difference in spot gas prices in the U.S., Asia Pacific, and Europe, and increase in the drilling of shale gas in the U.S. and Canada are driving the growth of planned LNG export terminals. 

Major players operating in the planned LNG market include Shell Plc, LNG Croatia LLC, Chevron Corporation, Petrobras, Southern Union Company, Corpus Christi Liquefaction, LLC, Freeport LNG Development, L.P., Sempra Energy, ConocoPhillips Co., Queensland Gas Co. Ltd, Inpex Corporation, Skangass AS, Emirates LNG LLC, Nippon Gas Co. Ltd., and Prometheus Energy Company.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


To receive discount, please click on the button below.

Please click on the button below to customize this report.

 
 
Back To Top