Transparency Market Research has published a new report "Small Scale LNG Terminals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022" to its report store.
Albany, NY -- (SBWIRE) -- 06/15/2016 -- The global small scale LNG market terminals has been examined in a market intelligence document recently published by Transparency Market Research. The report is titled "Small Scale LNG Terminals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022," and is available on the company's website for sale. The report states that the market will exhibit an impressive 10% CAGR and rise twofold over the period between 2014 and 2022, from nearly 42 million metric tonnes per annum (MMTPA) in 2013 to over 102 MMTPA in 2022.
Complete Report with TOC : http://www.transparencymarketresearch.com/small-scale-lng-terminals-market.html
The report gives an all-inclusive account of the major drivers, restraints, trends, and opportunities that the market offers and analyzes the impact of these factors on the growth prospects of the market over the said period.
The global small scale LNG terminals market has significantly benefitted from the rising global consumption of LNG in the past few years. Certain other factors have also indirectly helped the small scale LNG terminals market witness significant growth in the past years. These include the fluctuating prices of crude oil and the rising concerns regarding CO2 emissions from oil-based applications, which have prompted companies to devise better ways of reducing the overall reliance on oil-based fuels. LNG being a cleaner and abundant option, the world's focus on making it a mainstream fuel hasled to the rapid development of LNG infrastructure across the globe.
The development of small scale LNG terminals, which are the more focused, smaller extraction centers, paves the way for lowering transportation costs – a major expense for LNG producers at present and one of the major challenges for the LNG industry. Massive LNG production terminals, similar to conventional oil rigs in the oil production industry, produce natural gas that needs to be transported from remote locations to urban centers for further distribution. Making production terminals smaller brings a drastic difference to the overall LNG distribution cycle, making it a viable choice in line with the global fuel consumption pattern.
The global small scale LNG terminal market has been examined from the point of view of two broad criteria so as to make results of the study easy for comprehension and application to business issues: Small scale LNG terminal types and geography.
On the basis of terminal type, the market has been segmented into liquefaction terminals and regasification terminals. Both the segments are further examined for onshore and offshore locations.
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On the basis of geography, the market has been segmented into Asia Pacific, North America, South America, Europe, and Middle East and Africa.
The report also gives a detailed overview of the competitive landscape of the global small scale LNG terminals market. Some of the most prominent vendors operating in the market profiled in the report are EcoEléctrica Inc., Nippon Gas Co., Ltd., Plum Energy, LLC, Santos Ltd, Linde AG, Petroliam Nasional Berhad (PETRONAS), Prometheus Energy Company, PT Donggi Senoro LNG, Emirates Liquefied Natural Gas (LNG) LLC, and Skangass AS.
The market is segmented as:
LNG Terminal Market: Type Analysis
Liquefaction Terminals, by type
Regasification Terminals, by type
LNG Terminal Market: Regional Analysis
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East Africa
Rest of Middle East and Africa
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