Category : Energy and Power | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC761
Introduction
Liquefied Natural Gas (LNG) is natural gas which has been converted into liquid form from gaseous state. LNG takes up 600 times fewer spaces than natural gas present in gaseous state, and it is much easier to transport or store. Increasing focus on improvement and expanding gas pipeline infrastructure and escalating mandate for natural gas from oil and gas industry (downstream sectors) is an essential energetic factor for the industry growth.
Market Dynamics
Increasing urbanization, industrialization along with growing amount of power associated projects such as petrochemical and city gas distribution are some of the factors driving the growth of this market. However, inadequate pipeline infrastructure in under developed areas is expected to hamper growth of this market. Nevertheless, replacing coal in power generation and other industrialized applications are expected to boost growth of this market during years to come.
Market Classification
The market can be bifurcated on the basis of application and geography. By application, liquid natural gas market can be segmented into transportation fuel, power generation and mining & industrial. On the basis of geography, liquid natural gas market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Report Coverage
|
Market |
Liquid Natural Gas Market |
|
Analysis Period |
2015 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Application, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
|
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players involved in Liquid Natural Gas Market include Chevron Corp., Exxon Mobil Corp, PetroChina Company Ltd., Total SA, Statoil, Eni S.p.A., BP plc, Royal Dutch Shell, Conoco Philips and CPCC among others.
Market Segmentation
Market By Application
- Transportation Fuel
- Power Generation
- Mining & Industrial
Market By Geography
-
North America
- U.S.
- Canada
- Mexico
-
Europe
- UK
- France
- Germany
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
-
Latin America
- Brazil
- Chile
- Rest of LATAM
-
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
