LNG Carrier Containment Market Report: Trends, Forecast and Competitive Analysis to 2030

LNG Carrier Containment Trends and Forecast

The future of the global LNG carrier containment market looks promising with opportunities in the membrane type and moss type markets. The global LNG carrier containment market is expected to reach an estimated $15.6 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing advancements and improvements in LNG carrier confinement and growing population-related need for LNG as a fuel source.

A more than 150-page report is developed to help in your business decisions.

LNG Carrier Containment by Segment

The study includes a forecast for the global LNG carrier containment by carrier type, propulsion type, capacity, and region.

LNG Carrier Containment Market by Carrier Type [Shipment Analysis by Value from 2018 to 2030]:

• Membrane Type
• Moss Type

LNG Carrier Containment Market by Propulsion Type [Shipment Analysis by Value from 2018 to 2030]:

• Steam Turbine
• Steam Reheat
• ME-GI
• DFDE
• Others

LNG Carrier Containment Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:

• 30,000 To 1,24,999 Cubic Meters
• 1,25,000 To 1,49,999 Cubic Meters
• 1,50,000 To 1,80,000 Cubic Meters
• Above 1,80,000 Cubic Meters

LNG Carrier Containment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of LNG Carrier Containment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LNG carrier containment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LNG carrier containment companies profiled in this report include-

• Mitsui
• NYK Line
• MISC Berhad
• BW Gas
• Hudong-Zhonghua Shipbuilding
• Gaztransport & Technigaz
• Teekay LNG Partners
• GasLog
• Dynagas LNG Partners
• Kawasaki Heavy Industries

LNG Carrier Containment Market Insights

Lucintel forecasts that steam turbine is expected to witness the highest growth over the forecast period due to generating mechanical power efficiently for ship propulsion through steam-produced rotation.

Within this market, membrane type will remain the largest segment due to elevated capacity and enhanced visibility.

APAC will remain the largest region over the forecast period due to surge in natural gas demand is a result of swift industrial expansion.

Features of the Global LNG Carrier Containment Market

Market Size Estimates: LNG carrier containment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: LNG carrier containment market size by carrier type, propulsion type, capacity, and region in terms of value ($B).

Regional Analysis: LNG carrier containment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different carrier type, propulsion type, capacity, and regions for the LNG carrier containment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LNG carrier containment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the LNG carrier containment market size?

Answer: The global LNG carrier containment market is expected to reach an estimated $15.6 billion by 2030.

Q2. What is the growth forecast for LNG carrier containment market?

Answer: The global LNG carrier containment market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the LNG carrier containment market?

Answer: The major drivers for this market are increasing advancements and improvements in LNG carrier confinement and growing population-related need for LNG as a fuel source.

Q4. What are the major segments for LNG carrier containment market?

Answer: The future of the LNG carrier containment market looks promising with opportunities in the membrane type and moss type markets.

Q5. Who are the key LNG carrier containment market companies?

Answer: Some of the key LNG carrier containment companies are as follows.

• Mitsui
• NYK Line
• MISC Berhad
• BW Gas
• Hudong-Zhonghua Shipbuilding
• Gaztransport & Technigaz
• Teekay LNG Partners
• GasLog
• Dynagas LNG Partners
• Kawasaki Heavy Industries

Q6. Which LNG carrier containment market segment will be the largest in future?

Answer: Lucintel forecasts that steam turbine is expected to witness the highest growth over the forecast period due to generating mechanical power efficiently for ship propulsion through steam-produced rotation.

Q7. In LNG carrier containment market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to surge in natural gas demand is a result of swift industrial expansion.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the LNG carrier containment market by carrier type (membrane type and moss type), propulsion type (steam turbine, steam reheat, ME-GI, DFDE, and others), capacity (30,000 to 1,24,999 cubic meters, 1,25,000 to 1,49,999 cubic meters, 1,50,000 to 1,80,000 cubic meters, and above 1,80,000 cubic meters), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?