Global Micro LNG Liquefaction Market Consumption Study by Region: North America, Asia-Pacific, Europe, South America, Middle East & Africa

Liquefied natural gas (LNG) is natural gas in its liquid form. When natural gas is cooled to −162°C (or −259°F) through a process known as liquefaction, it transforms into a clear, odorless liquid. This liquid takes up 600 times less space than natural gas, thus offering ease in terms of storage and transport. However, small- and micro-scale LNG are gradually emerging as solutions to provide small volumes of gas to demand points that are located far away from supply infrastructure. Mini/micro LNG facilities currently consist of LNG liquefaction plants supplying LNG satellite stations with annual LNG volumes of up to 0.2 MTPA. As an indication, these LNG quantities correspond to the yearly LNG demand for a power plant of up to 100 MW approximately.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Truck
  • Barge

Segment by Application

  • Transportation
  • Industrial Feedstock
  • Others

By Company

  • Siemens
  • Snam
  • Baker Hughes
  • Cosmodyne
  • Galileo Technologies
  • Chart Industries
  • Eagle LNG
  • Linde Group
  • Molgas
  • Gasum
  • Gazprom
  • Petronas

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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