PUBLISHER: Value Market Research | PRODUCT CODE: 1342886
PUBLISHER: Value Market Research | PRODUCT CODE: 1342886
Liquefied natural gas (LNG) is the liquid natural gas at a cryogenic temperature of 161°C (157°C). Natural gas can be transported easily & cheaply across great distances because of liquefaction, which reduces its volume. The term LNG train referred to equipment arranged in series and used to treat and liquefy natural gas.
Industries are now looking for green solutions due to increased awareness of environmental issues and the enforcement of strict laws and regulations by regulatory agencies of governments. LNG has now been utilized in place of gasoline and diesel. Consumers can find a cost-effective solution with LNG. Therefore, a sharp rise in the use of LNG across a range of industries will fuel the growth of the global LNG liquefaction equipment market in the coming years. Liquefied Natural gas is a popular, safe, and convenient energy source. The LNG liquefication equipment market has been in massive demand over the past few years due to ease in transportation and greater storage capacity. Additionally, expanding exploration and production activities from unconventional oil and liquids-rich reservoirs such as tight gas, shale, and coalbed methane (CBM) and the construction of massive onshore liquefaction and regasification facilities are also factors responsible for the global market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of lng liquefaction equipment. The growth and trends of lng liquefaction equipment industry provide a holistic approach to this study.
This section of the lng liquefaction equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the LNG Liquefaction Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the lng liquefaction equipment market include Air Products and Chemicals, Chart Energy and Chemicals, Atlas Copco, Linde Group Kobelco Compressors, ConocoPhillips Company, General Electric, Ingersoll Rand, Elliott, IHI Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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