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.

This upcoming business intelligence report is intended to be a one-stop market research solution to guide organizations in taking timely and effective decisions for their business growth. The ongoing study is the culmination of our deep expertise on data science methods, combined with an unparalleled understanding of the external environment and analysis of the industries. Each of the reports by TMR aims at offering a detailed scrutiny of the value chain of our current and prospective customers, takes them from identifying value propositions, and subsequently assist their business executives to implement right strategies to create customer value. We believe that creating and sustaining the customer value is the key pivot on which business executives can create profits for their organizations and increase the market shares, continuously and with sustainability.

Each of our touchpoints through which we engage with the organization/enterprise during the primary research enables us to understand the internal environment it operates in and the ways in which the external environment influences its growth.

Always Evolving with Competition

Excellence is built into the DNA of TMR, and all our teams work collaboratively and committedly toward achieving that in whatever they do. From the very first interaction our teams of research analysts have with any interested market participant to the final preparation processes in each of our reports reflects a rigorous understanding of the dynamic industry environment that businesses operate in.

We relentlessly work to be a differentiator in whatever we do in the current era of hypercompetitive global environment. The result of our unceasing focus on excellence is reflected clearly in the insights and guidance we offer to our customers in order to empower them to create brand equity. Our simple yet very powerful underpinning for navigating the competition is to always keep evolving with changing business environments. Our close-kinit team of research analysts not only believe in this simple philosophy but also implement the same.

Constantly Innovating Our Research Methodologies and Models

We do not limit with any specific market research tool or one standard approach for obtaining or analyzing data. Undoubtedly, our report making process is ever-evolving to meet the customer needs and demands supported broadly by a vast knowledge of data science methods that we combine with business acumen our teams have built upon for several years. Evidently, our primary and secondary research data about customers and consumers have shown that we can go to any lengths to obtain them. This is followed by applying next-gen automation tools integrated with human judgement to clear the clutter, ascertain the most relevant and recent qualitative and quantitative insights, and package them in digestible chunks in our reports for our customers.

We Take Pride in No-One-Size-Fits-All Approach

Over the past several years, we have been conducting market intelligence studies across all industries for all types of organizations — big and small, profit and not-for-profit, and Fortune 500 and Unicorns, as we believe that a sound decision making must be based on no-one-size-fits-all approach. Without doubt, each of the organizations regardless of the industry they are in are affected differently by changes in political, economic, socio-culture, legal, ecological, and legal environments. The research models and the value chain analysis process that our analysts employ for conducting the study uphold this approach.

We look at myriad components of internal and external business environment affecting the growth strategies of organizations. Some of the broader aspects that we focus on are:

  • Our team of Analysts and Support Teams always strive to see the bigger picture in life cycle stages of any industry
  • The Teams focus on obtaining valuable insights into different models of competitive advantage while making an internal environment analysis
  • They keep on modifying the value chain analysis processes of organizations to understand on how customer value is created

Some areas of assessing market dynamics that are used in the research models and methodologies adopted by our analysts can be summarized as:

  • Corporate and business strategies underlying new brand positioning strategies
  • Mapping for strategic planning for business units
  • Various metrics for business portfolio analysis, including BCG matrix
  • Value chain analysis

These will help create and sustain competitive advantage for our prospects and current customers.

Key focus areas and agenda that underpin and catalyze our primary and secondary research initiatives and endeavors are:

  • What are some of the core competencies and distinctive competencies of new entrants and established players in the industry we are analyzing?
  • What are some of the branding opportunities that are emerging at a rapid pace?
  • What are the major competitive forces and elements of external environment shaping the industry life cycle stages of most organizations?
  • Why some competitive strategies are popular than others among leaders in a certain market?
  • What customer-based brand equity strategies companies have leveraged in a certain industry or set of related industries in a sector?
  • What are some of the key pricing strategies that companies in an industry are implementing for marketing their products internationally?
  • Identifying whether market-push or market-pull strategies are more relevant to a certain product or a service?

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying