Articles

Liquefied Natural Gas (LNG) Market Forecast Report 2020 – 2027 – Top Key Players Analysis

by Shaqib Akram Digital Marketer

This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.

Market Overview:

The market report offers a detailed analysis of the market size, regional and country-level market size, segmentation, market growth, market share, competitive landscape, and the impact of domestic and global leading players.

Market Drivers:

The strong demand for the liquified natural gas from various countries, such as China due to the increasing energy consumption and the significant shifting from the traditional and polluting energy sources such as coal and oil towards clean energy are the major factors contributing to the growth of the Liquefied Natural Gas (LNG) market size. For example, the demand for the development of different liquefaction projects from the traditional and new suppliers to capture the growing demand for LNG and the increasing imports of the gas are bringing numerous opportunities for the growth of the market.

Continuous technological advancements are resulting in the decreasing of costs in all components of the value chain of LNG with improved efficiency through design innovations, various favorable government regulations, and the growing emphasis to use clean energy to decrease the greenhouse gas emissions are further accelerating the market growth. In addition to this, growing urbanization, rapid industrialization, and the increasing volume of power-related projects are further surging the demand of the market. However, the lack of proper pipeline infrastructure in distant areas will hamper the market growth.

Market Segmentation:

The Liquefied Natural Gas (LNG) Market is split by application, and regions. For the forecast period, the growth among the segments provides accurate calculations and forecasts for sales by different segments in terms of volume and value. This analysis will help in expanding the business by targeting qualified niche markets.

Segment by Application:

  • Transportation
  • Power Generation
  • Mining & Industrial
  • Others

Segment by Region:

  • North America

o   United States of America

o   Canada

  • Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

  • Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

  • RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape and Analysis:

The Liquefied Natural Gas (LNG) Market offers detailed information including company overview, company total revenue, market potential, global presence, and total revenue generated. The report will also provide market share, production sites, SWOT analysis, product launch, and other relevant data.

The key players for the Liquefied Natural Gas (LNG) Market are Total, Royal Dutch Shell PLC, Equinor ASA, Canadian Natural, PetroChina Company Limited, Exxon Mobil Corporation, Chevron Corporation, China Petrochemical Corporation, Gazprom, and BP p.l.c., among others.

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.


Sponsor Ads


About Shaqib Akram Innovator   Digital Marketer

28 connections, 1 recommendations, 90 honor points.
Joined APSense since, April 30th, 2020, From Gurgaon, India.

Created on Aug 21st 2020 06:22. Viewed 205 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.