The latest report on Small Scale LNG Terminals Market by Infinium Global Research gives complete coverage of the Small Scale LNG Terminals Market by terminal type (liquefaction terminal, regasification terminal), applications (heavy-duty vehicles, marine transport, industrial & power) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Small Scale LNG Terminals such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
For More Details Get FREE Sample Pages of this Premium Global Report@ https://www.infiniumglobalresearch.com/reports/sample-request/12856
The Energy Cost Advantage of LNG Over Alternate Energy Sources for End Users is the Major Driving Factor of the Small Scale LNG Terminals Industry
In recent years, a smaller scale LNG facility has developed. New liquefaction and distribution facilities are being created and operated across the world. Presently, the global small-scale LNG (SSLNG) installed production capacity is of 20 mtpa spread around more than hundred SSLNG facilities. This is on top of the installed capacity for conventional LNG plants of around 300 mtpa. The small scale LNG terminals market is emerging rapidly, particularly as a transportation fuel and to serve end users in remote areas or not connected to the main pipeline infrastructure.
The energy cost advantage of LNG over alternate energy sources for end users is the major driving factor of the small scale LNG terminals market. The small scale LNG significantly lowers emissions as compared to other fossil fuels due to its clean burning nature. Furthermore, factors such as environmental benefits and fiscal regime and subsidies are also driving the growth of the market.
Enquire here Get Customization & Check Discount for Report @ https://www.infiniumglobalresearch.com/reports/request-discount/12856
Electric Power Generation Plants and Global Commoditization of Liquefied Natural Gas (LNG) are Some Driving Factors of the Small Scale LNG Terminals Industry
Additionally, the rising demand for liquefied natural gas (LNG) for the use in electric power generation plants and global commoditization of liquefied natural gas (LNG) are some driving factors of the small scale LNG terminals market. However, limited receiving terminal infrastructure in the Asia-Pacific region restrain the growth of the market. Moreover, the use of small scale LNG terminals in transport and power generation applications are expected to provide growth opportunities to the market players.
Geographically, Asia-Pacific and Europe have a large market share of the small scale LNG terminals market. The Asia-Pacific region is growing due to the rising demand for small-scale LNG for use in heavy-duty vehicles and electric power generation. The demand for small scale LNG is increasing due to the easy availability of LNG, the growing adoption of LNG for electricity generation, and low trade prices LNG in this region. Europe is the second largest market of small scale LNG terminals owing to strict regulations on the marine sector and huge subsidies on the use of LNG in this region. Despite continual low oil prices and market uncertainty, there has been significant growth in small-scale LNG projects in this region.
Browse Complete Global Report and Detailed TOC: https://www.infiniumglobalresearch.com/energy-mining-infra/global-small-scale-lng-terminals-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Small Scale LNG Terminals.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.