Industrial, Manufacturing & Heavy Industry Market News

New report shares details about the Global planned LNG market that is expected to grow at a CAGR of 5.0% from 2017 to 2025

New report shares details about the Global planned LNG market that is expected to grow at a CAGR of 5.0% from 2017 to 2025

Liquefied natural gas (LNG) is produced by converting natural gas into liquid state by exposing it to temperatures as low as 160C. The LNG production process includes five stages or steps, namely, pretreatment, acid gas removal, dehydration, liquefaction, and heavy oil separation.

- Advertising -

The first four steps involve the removal of pollutants like H2S and CO2, undesirable substances, water, and mercury. Water is removed to prevent ice formation during the heavy oil separation stage.

- Advertising -

In the last step, natural gas is cooled to 160C to form LNG. The global planned LNG market is expected to grow at a CAGR of 5.0% from 2017 to 2025.

Request Sample At: www.progressivemarkets.com/industr…lanned-lng-market

Based on type, the global planned LNG market is segmented into liquefaction terminal and regasification terminal. Liquefaction and regasification terminals are further bifurcated into liquefaction offshore & onshore terminals, and regasification offshore & onshore terminals.

Geographically, the market is segmented across North America, Europe, Asia-Pacific, and LAMEA regions.

Market Dynamics:

Drivers:

The global planned LNG market is driven by the extent of technical advancements in the industry coupled with the discovery of new offshore gas reserves.

Fluctuations or unpredictability in crude oil supply is also fueling the demand for LNG.

Restraints:

High storage cost of LNG and manufacturing cost of LNG terminals is expected to hinder market growth during the forecast period.

Enquire About Report At: www.progressivemarkets.com/enquiry…lanned-lng-market

Market Players:

The top players in the global planned LNG market include Chevron Corporation, Queensland Gas Co. Ltd., Nippon Gas Co. Ltd., Royal Dutch Shell plc, Freeport LNG Development, Petrleo Brasileiro S.A., Skangass AS, Emirates LNG LLC, ConocoPhillips Co., and Southern Union Company.

MARKET LANDSCAPE

By Type

Liquefaction Terminal

Offshore

Onshore

Regasification Terminal

Offshore

Onshore

By Geography

North America

U.S.

Canada

Mexico

Request Report At: www.progressivemarkets.com/request…lanned-lng-market

Table Of Contents:
Executive summary

1.1. Key Findings

1.2. Market Attractiveness and Trend analysis

1.3. Competitive Landscape and recent industry development analysis
Introduction

2.1. Report Description

2.2. Scope and Definitions

2.3. Research Methodology
Market landscape

3.1. Growth Drivers

3.1.1. Impact Analysis

3.2. Restrains and Challenges
Market by Type

4.1. Liquefaction Terminal

4.1.1. Offshore

4.1.1.1. Historical Market Size by Region, 2014-2016

4.1.1.2. Market Forecast by Region, 2017-2025

4.1.2. Onshore

4.1.2.1. Historical Market Size by Region, 2014-2016

4.1.2.2. Market Forecast by Region, 2017-2025

4.2. Regasification Terminal

News From

Progressive MarketsProgressive Markets
Category: Market Research Publishers and RetailersCompany profile: Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S.  that aims to deliver conversant executive support to foster overall growth of an organization in its domain. With more than 442 syndicate and customized research reports for 11 industry verticals at hand, the plausible resolutions to your business concerns are just one-query away. The company offers client-centric customizations on research reports ...