Small-Scale Liquefaction Market Status and Future Forecast, Production, Value and Consumption Analysis, 2019-2025

One issue faced by the oil and gas industry was the transportation of gas. Eventually, liquefaction of gas became the norm of the industry to reduce its volume and transport it efficiently. Conversion of natural gas from gaseous to liquid form by decreasing its temperature is known as liquefied natural gas (LNG).

The roadways market segment accounted for about 70% of the total market shares and dominated the industry. Roadways account for approximately one-fifth of the GHG emissions which have induced governments to promote the use of natural gas. Several countries have started adopting the usage of SSLNG as a replacement for diesel as the preferred fuel for long-haul trucks due to its low GHG emissions. Countries such as China and the US have already started adopting the usage of natural gas for automobiles on a large scale and the next few years will see a number of countries following this trend which will drive the growth of the market in this segment.

Americas will dominate the small-scale liquefaction industry throughout the forecast period and will also account for about 70% of the total shares of the market by 2023. North America accounts for the majority of the revenue shares in this region wherein, backed by the government, the US is the major revenue contributor. Vendors in the US have also formed associations to spread awareness regarding the industry. Much of this region’s growth comes from the transportation sector that includes both the roadways and maritime.

The global Small-Scale Liquefaction market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Small-Scale Liquefaction market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Small-Scale Liquefaction in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Black & Veatch

GE

Linde

Shell

Siemens

Chart Industries

Cryostar

GTI

Wartsila

By the product type, the market is primarily split into

Direct Liquefaction

Indirect Liquefaction

By the end users/application, this report covers the following segments

Roadways

Bunkering

Power Industry

Other

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