The global Small Scale LNG (SSLNG) market is valued at 6350 million US$ in 2018 is expected to reach 12500 million US$ by the end of 2025, growing at a CAGR of 10.1% during 2019-2025.
Small-scale liquefied natural gas (SSLNG), a niche but nascent industry that is already profitable and scalable, boasts significant potential. It is well placed to meet the growing demand from the shipping and trucking industries for fuels that are more environmentally friendly than oil and diesel.
SSLNG also enjoys advantages in addressing off-grid power generation for industrial and residential needs in remote locations. Because LNG burns more cleanly than other fossil fuels such as petroleum and coal, SSLNG is likely to gain further traction as market and regulatory pressures to transition to lower-carbon energy intensify.
In the same way that “fracking” transformed the U.S. energy landscape, SSLNG has the potential to transform the role of gas in a number of key geographies and industry sectors.
SSLNG industry has been developing fast due to its high cost performance. The SSLNG 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 27.1% of the revenue market.
Regionally, China is the biggest revenue area, also the leader in the whole SSLNG industry.
Asia Pacific occupied 54.3% of the sales market in 2017. It is followed by Europe and NA, which respectively account for around 36.7% and 4.8% of the global total industry.
Other countries have a small amount of sales.
This report focuses on Small Scale LNG (SSLNG) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Small Scale LNG (SSLNG) market size by analyzing historical data and future prospect.
Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Xilan Natural Gas
Shaanxi Yanchang Petroleum
China National Coal Group
Hebei Huaqi Natural Gas
Segment by Regions
Segment by Type
Storage and Boil Off Gas
SSLNG Shipping Characteristics
Small Regasification and Import Terminal
Segment by Application
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