FLNG Market size for 2016 was valued over USD 10 billion and is set to exceed 300 MTPA by 2027.
Floating liquefied natural gas is an offshore vessel designed to enable the production and development of offshore NG resources. It provides an economically efficient and ecofriendly solution and can be relocated or redeployed. It can act as a liquefaction facility and processing platform thereby eliminating the cost of production facilities, site preparation and pipelines. The ships are used for short or prolonged periods and can be leased or owned as unlike the onshore terminals which are developed for decades of use.
Increasing demand for clean fuel technologies along with rising focus toward sustainable energy mix will accelerate the FLNG market growth. Rapid depletion of fossil fuel coupled with ongoing measures to reduce carbon footprint will facilitate positive business growth. As per the International Energy Agency (IEA), the global NG demand witnessed a 4.6% rise in 2018 when compared with 2017 levels. The U.S. and China are the largest contributors for the rise in gas production with a share of over 50% of the total increase.
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Top Key Players Covered in FLNG Market:
Höegh LNG, Golar LNG, Excelerate Energy, Eni, Exmar, Ophir Energy, Royal Dutch Shell, Mitsui O.S.K. Lines, Petronas, Woodside Petroleum and Noble Energy.
Regionally, the Global FLNG Market Report explores the impending of the global market in North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. In addition to this, the countries generating high revenue in these mentioned regions have also been examined along with comprehensive coverage and innovation in these countries. The challenge for this market is the augmented use of casting and stamping process. The industry entails expanding the efficiency of logistics to meet the needs of the IT Industry.
This Global FLNG Market statistical report provides a wide-ranging research on the key players and in-depth insights which include the competitiveness of the trending players. Mergers, acquisitions, partnerships, collaborations and contracts are the most significant business tactics that are adopted by the foremost players and are also recognized and scrutinized in the report. The research report recognizes their manufacturing base, product type, competitors, applications, pricing, gross margin and specifications. SWOT analysis is one of the major parameters based on which these companies are outlined.
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Report Consultant has added a new report to its database that qualifies an expressive and professional look into this market. The report is titled a Global FLNG Market. Thus, the report scrutinizes the present-day environment of the market in order to generate a comprehensive understanding of the future plans of the market. The primary and secondary research techniques have been used to analyze the data, which helps to make informative decisions in the businesses.
Segment by Regions/Countries, This FLNG Market Report Covers
- United States
- Southeast Asia
In This Study, The Years Considered To Estimate The Size Of FLNG Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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Table of Content:
The Global FLNG Market Report Contains:
- Global market overview
- Global market competition by manufacturers, type and application
- USA/China/Japan/Europe/India and Southeast Asia are the regional analysis of FLNG (volume, value and sales price)
- Analysis of global market by manufacturer
- FLNG manufacturing cost analysis
- Industrial chain, sourcing strategy and downstream buyers
- Marketing strategy analysis, distributors/traders
- Market effect factors analysis
- Global market forecast (2019-2025)
- Conclusion of the global FLNG market
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