Global Small Scale LNG Terminals Market Estimated to Reach 173.85 MMTPA by 2027 - PowerPoint PPT Presentation

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Global Small Scale LNG Terminals Market Estimated to Reach 173.85 MMTPA by 2027

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Title: Global Small Scale LNG Terminals Market Estimated to Reach 173.85 MMTPA by 2027


1
Small Scale LNG Terminals Market  Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast, 2027
2
Global Biogas Plant Market Key Highlights
  • The global small scale LNG terminals market was
    around 70.90 MMTPA in 2018 and is anticipated to
    rise at a CAGR of more than 10.4 during the
    forecast period
  • The regasification segment accounted for major
    share of the small scale LNG terminals market in
    2018, due to the increasing demand and
    consumption of natural gas in automotive and
    industrial sector
  • The onshore segment held prominent share of the
    small scale LNG terminals market in 2018.
  • High demand of onshore facilities for supply of
    LNG to the urban transportation network as well
    as to LNG bunkering facilities.
  • Asia Pacific is expected to grow at a significant
    pace in the near future, due to the rising demand
    for natural gas in the region as a cleaner
    alternative to coal and refined products for
    power generation and as a fuel, especially in
    developing countries such as China and India

3
  • The small scale LNG terminals market faces
    promising prospect ahead as US Energy Department
    reported a near 100 rise in LNG exports
    during 2018-19 period. In 2018, the total
    domestically manufactured LNG in the US, one of
    the worlds biggest exporter, stood at 1,972.3
    Billion cubic feet (bcf).
  • The figure rose to an incredible 3,379.9 bcf of
    natural gas at the end of 2019.  Additionally,
    the demand for the products has risen
    considerably in new regions including those of
    Latin America, wherein 933.8 bcf were exported
    which made the region extremely prominent in the
    market with a share of 27.6 in Oct 2019.
  • The growing demand for LNG products, and
    promising opportunities in small LNG terminals
    will drive tremendous growth for the market.
  • Growing demand for bunker fuels will drive robust
    growth for the small scale LNG terminals market
    in the near future. The growing demand for
    sustainability, and recent changes in European
    naval regulations will drive growth for the
    liquid variety of natural gas in the near future.

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4
Despite Barriers to Growth, LNG to Reach 10
Global Crude Production
  • This has brought new changes in The
    sulphur-emission from global shipping has emerged
    as a major threat for climate conditions. It is
    estimated that the industry results in 18
    harmful emissions of air-pollutants globally.
  • the industry, which will go into effect starting
    from January 1, 2020. The new regulations allow
    for 0.5 emission of sulphur from previous 3.5. 
  • The major reduction in proposed emissions will
    require the industry to use much cleaner sources
    of fuel, including LNG. The liquid variety of
    natural gas has remained restricted in growth
    previously as its production costs and the need
    for storage remained barriers to its growth.
  • However, new regulations and growing exports of
    countries like the US ensure that the energy from
    LNG will form 10 of crude production by 2020. 
  • It is likely to increase thereafter as new
    players in production like the United States,
    promise lower prices due to advance manufacturing
    techniques, and considerably supply of the clean
    energy.

Request For Multiple Chapters of Small Scale LNG
Terminals Market Here
5
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

6
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