Globally, LNG liquefaction capacity is expected to more than double by 2021. North America leads globally with the highest planned liquefaction capacity additions and the highest expected capital spending on planned projects over the next four years.
Albany, NY -- (SBWIRE) -- 05/22/2017 -- In the present scenario, the LNG terminals market is acquiring a lot of business opportunities owing to the growing demand for high-quality gas. Looking into this market demand, a fresh study has been added to the huge online repository of Market Research Hub (MRH), with the title ''H1 2017 Global Capacity and Capital Expenditure Outlook for LNG Terminals: North America to Disrupt Global LNG Supply with Record Liquefaction Capacity Growth''. The study aims to present a deep analysis of the major planned, announced and stalled projects in the leading regions; as well as analysis of the international manufacturers to offer valuable insights during the forecast period from 2017 to 2021.
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Currently, due to the rising need among industries for liquefied natural gas (LNG), the business potential within the huge sector has increased rapidly. The report begins with the clear introduction of the sector where it presents the definition and evaluates the types of products available in the market. Later, the report describes the development of this industry through the introspection of the different applications as well as details of the planned, announced, stalled and canceled LNG liquefaction and regasification projects in the world till the year 2021. Furthermore, the newly built liquefaction and regasification terminals are also studied in this report. Such major information regarding the market, terminals and business projects eases the work production immensely.
Another important facet of this report is the industry outlook in the geographically active regions of the market, such as Africa, Asia, Caribbean, Central America, in Europe, Former Soviet Union, Middle East, North America, Oceania, and South America. It analyzes the LNG liquefaction & regasification capacity additions that are planned as well as the capital expenditure considering major countries, regions and companies across the world. Additionally, the study informs that the LNG liquefaction capacity is expected to grow more than double in the year 2021. In this section, the investor can easily learn about the proposed expenditure in this market and try to improve the budgets appropriately.
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In the concluding section of the report, it studies the companies in this sector who have been successful in creating maximum profits. It also includes additional knowledge about the LNG regasification industry expecting to acquire a capacity growth of around 41% at the end of the analysis period. Moreover, the study informs that North America leads globally with the highest planned liquefaction capacity additions and the highest expected capital spending on planned projects over the next four years. Such data regarding the region-wise development of the market can help investors to create fruitful projects in the future.
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