The global Floating Liquefied Natural Gas (FLNG) market is projected to grow at a CAGR of 4.7% by 2034.
“The Floating Liquefied Natural Gas (FLNG) Market Report 2024-2034”: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
FLNG Technology Stands Out for its Ability to Monetize Remote and Stranded Natural Gas Reserves Cost-Effectively
The floating liquefied natural gas (FLNG) market is experiencing notable growth, underpinned by key drivers shaping the global energy landscape. Currently, FLNG technology stands out for its ability to monetize remote and stranded natural gas reserves cost-effectively, providing a viable solution for offshore fields. The sector's modular and scalable nature enhances project economics and mitigates risks associated with uncertain gas field characteristics. Additionally, FLNG projects contribute to the global energy transition, aligning with sustainability goals through cleaner alternatives and operational efficiency.
Opportunities in the FLNG market abound, particularly in unlocking new markets with untapped offshore reserves. Ongoing technological advancements, including liquefaction methods and modular designs, offer prospects for efficiency improvements and cost reductions. Furthermore, the integration of renewable energy sources with FLNG projects positions the industry at the forefront of clean energy production.
However, the sector faces challenges, including substantial upfront capital requirements, making securing financing a persistent challenge. Navigating complex regulatory frameworks and obtaining necessary permits pose hurdles, affecting project timelines and costs. FLNG projects are also sensitive to geopolitical uncertainties and market fluctuations, emphasizing the need for strategic risk management.
What Questions Should You Ask before Buying a Market Research Report?
- How is the floating liquefied natural gas (FLNG) market evolving?
- What is driving and restraining the floating liquefied natural gas (FLNG) market?
- How will each floating liquefied natural gas (FLNG) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each floating liquefied natural gas (FLNG) submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading floating liquefied natural gas (FLNG) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the floating liquefied natural gas (FLNG) projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of floating liquefied natural gas (FLNG) projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the floating liquefied natural gas (FLNG) market?
- Where is the floating liquefied natural gas (FLNG) market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the floating liquefied natural gas (FLNG) market today, and over the next 10 years:
- Our 374-page report provides 120 tables and 181 charts/graphs exclusively to you
- The report highlights key lucrative areas in the industry so you can target them - NOW
- It contains in-depth analysis of global, regional and national sales and growth
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the floating liquefied natural gas (FLNG) market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares
- You will find original analyses, with business outlooks and developments
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising floating liquefied natural gas (FLNG) prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, ""V" ", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report:
Market Segment by Vessel Type
- Converted LNG Carriers
- Newbuild (Purpose-built) FLNG Vessels
Market Segment by Capacity
- Small-Scale FLNG (Up to 1 MTPA)
- Mid-Scale FLNG (1-3 MTPA)
- Large-Scale FLNG (Above 3 MTPA)
Market Segment by Storage
- Onboard Storage Tanks
- Membrane-type Storage Systems
- Moss-type Storage Systems
- Other Storage Type
Market Segment by Technology
- Nitrogen-based Liquefaction
- Mixed Refrigerant Liquefaction
- Shell's Prelude FLNG Technology
- Petronas PFLNG Technology
- Other Technologies
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
Europe
- Germany
- Russia
- United Kingdom
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- Malaysia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies profiled in the report:
- ABB Limited
- Baker Hughes Company
- BASF SE
- Black & Veatch
- BP Plc
- Chiyoda Corporation
- Excelerate Energy
- Golar LNG Limited
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- Hoegh LNG Holding
- JGC Holdings Corporation
- Linde Plc
- Petroliam Nasional Berhad
- Shell plc
- Technip Energies N.V
- TotalEnergies SE
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Overall world revenue for Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034 in terms of value the market will surpass US$21.0 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the “Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034” report help you?
In summary, our 370+ page report provides you with the following knowledge:
- Revenue forecasts to 2034 for Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034 Market, with forecasts for vessel type, capacity, storage, and technology, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Russia, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Floating Liquefied Natural Gas (FLNG) Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.