Los Angeles, CA -- (SBWIRE) -- 04/23/2019 -- LNG Liquefaction Equipment consists of a natural gas pretreatment process, a liquefaction process, a storage system, a control system, and a fire protection system. The liquefaction process is its most important component
LNG Liquefaction Equipment industry has been developing fast due to its high cost performance. The LNG Liquefaction Equipment industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 51.24% of the revenue market. Regionally, Asia Pacific is the biggest revenue area, also the leader in the whole LNG Liquefaction Equipment industry.
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Asia Pacific occupied 31.41% of the sales market in 2017. It is followed by South America, Middle East and Africa, which respectively account for around 43.33 of the global total industry. Other countries have a small amount of sales.
The global LNG Liquefaction Equipment market was 570 million US$ in 2018 and is expected to 650 million US$ by the end of 2025, growing at a CAGR of 1.7% between 2019 and 2025.
This report studies the LNG Liquefaction Equipment market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LNG Liquefaction Equipment in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Air Products and Chemicals
Linde Group
ConocoPhillips Company
Atlas Copco
Ingersoll Rand
General Electric
Kobelco Compressors
Chart Energy and Chemicals
Elliott
MITSUI E&S
MCO
IHI Corporation
By the product type, the market is primarily split into:
Heat Exchanger
Compressor
Others
By the end users/application, this report covers the following segments:
Small LNG Plants (Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
Large LNG Plants (>2.0 MTPA)
FLNG Plants (offshore floating plants)
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