Portland, OR -- (SBWire) -- 07/31/2017 --Global Large-scale Liquefied Natural Gas (LNG) Terminal Market is expected to grow at a CAGR of 5.8% from 2017 to 2025. An LNG terminal is a facility made for regasifying the LNG gas transported by containers. Large-scale LNG terminals are mainly used where the demand and requirements of LNG are high. The LNG can be transported to these terminals through heavy cargo ships having huge capacity LNG containers or via pipelines. A conventional large-scale LNG terminal consists of four functions of berthing of LNG tankers and unloading or reloading of cargoes, storage of LNG in cryogenic tanks (160c), regasification of LNG, and sending out this gas into the transmission grid. LNG is the cleanest fuel compared to its counterparts because of its low environmental impact, no emission of soot, dust or fumes, and reduction in the emission of greenhouse gases, which make it a more desirable fuel.
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The global large-scale LNG terminal market is segmented based on technology and geography. Technology-based classification of the large-scale LNG terminal market yields liquefaction and regasification. Liquefaction and regasification technology is further bifurcated as onshore and offshore, respectively. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Stringent rules and regulations from governing agencies regarding environmental impact is expected to drive the market for large-scale LNG terminal.
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MARKET LANDSCAPE
By Technology
Liquefaction
Onshore
Offshore
Regasification
Onshore
Offshore
By Geography
North America
U.S.
Canada
Mexico
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Table Of Contents:
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
Global Large-Scale Liquefied Natural Gas (LNG) Terminal Market Is Expected to Grow at a CAGR of 5.8% from 2017 to 2025
Global Large-scale Liquefied Natural Gas (LNG) Terminal Market is expected to grow at a CAGR of 5.8% from 2017 to 2025