Liquefied Natural Gas Market

Transparency Market
Research
Liquefied Natural Gas Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019
Published Date
30-May-2014
66 Page Report
Buy Now
Request Sample
Press Release
Liquefied Natural Gas Market to Reach US$196.4 million by
2019 owing to Rise in Demand for Electricity
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Liquefied Natural Gas Market
REPORT DESCRIPTION
Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019
A new report has been published by Transparency Market Research, titled “Liquefied Natural Gas Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. TMR, a market intelligence
company based in the U.S., states that the global liquefied natural gas market was estimated at US$161.4
million in 2012. Growing at a CAGR of 2.8% between 2013 and 2019, it is anticipated to reach 196.4 million by
2019.As per the TMR report, based on end user analysis, the global liquefied natural gas market is segmented
into electric power, industrial, and others. The industrial sector is predicted to dominate the market on the basis
of demand for LNG.Numerous industries, namely fertilizers, chemicals, and steel, use high amounts of LNG in
the form of operational fuel. Distillate fuels are consumed in huge amounts by industrial processes. Due to a
rise in demand for electricity and rising awareness on global warming, LNG’s demand in the electric power
sector is increasing. LNG’s usage for power generation is much more environment-friendly and economical as
compared to traditional fossil fuels such as diesel and coal, which is leading to higher demand.
Download the Free Exclusive Report Sample :http://bit.ly/2hSErzh
According to this TMR report, vehicle emission is the major factor that drives the usage of LNG in the sector of
transportation. On combustion, petrol and diesel, which are the conventional fuels, release large quantities of
carbon compounds. This raises the total carbon footprint. Countries such as Spain and France utilize LNG to
lower the reliance on oil imports as well as to prevent pollution via combustion of fossil fuels. The TMR report
states that LNG is highly in demand in the sector for electric power owing to the favorable heat rate and its cost
friendly nature. Along with LNG being a preferred fuel, numerous policies implemented by the government
make LNG’s utilization compulsory in the industrial sector for the reduction of greenhouse gas emissions.
High load is being supported by LNG-based electric power plants efficiently and effectively, amid peak hours. It
is also a favored fuel in small-scale captive power plants specially designed for in-house power generation.
Additionally, a load of about 100MW is easily supported by such small-scale power plants. Industries situated
Transparency Market Research
2
Liquefied Natural Gas Market
in remote areas are able to function easily through the installation of captive power plants, utilizing LNG as
fuel.As per this TMR research report, this market is segmented into Europe, Asia Pacific, and Rest of the World
(RoW). The global LNG market has been governed by Asia Pacific on the basis of volume, owing to high
demand from South Korea, Taiwan, and Japan.The developing economies of India and China both import huge
amounts of LNG, since domestic production is not sufficient to meet the requirements of these dynamic
countries. In addition, Europe is also predicted to be a dominant market for LNG, due to the high import of LNG
by nations such as the U.K, France, and Spain. Rest of the World (RoW) is predicted to experience a growth
rate moderate in amount due to the huge quantities of gas reserves prevalent in the Middle East.Key
participants in the liquefied natural gas market include BG Group Plc, Apache Corporation, ConocoPhillips,
Cheniere Energy Inc, Kinder Morgan Inc, Dominion Resources Inc, Qatar Petroleum, Veresen Inc, Woodside
Petroleum Ltd, and Sempra Energy.
Browse the full Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/liquefied-natural-gasmarket.html
Key Segments of the Liquefied Natural Gas Market
Liquefied Natural Gas Market: End-User Analysis
Industrial
Electric power
Others
Transparency Market Research
3
Liquefied Natural Gas Market
TABLE OF CONTENT
Chapter 1 Preface 8
1.1 Report Description 8
1.2 Research Scope 8
1.3 Market Segmentation 9
1.4 Research Methodology 10
Chapter 2 Executive Summary 12
Chapter 3 Liquefied Natural Gas Market – Industry Analysis 15
3.1 Introduction 15
3.2 Market Drivers 15
3.2.1 Excellent Clean Fuel in the Marine Industry 16
3.2.2 Stringent Environmental Regulations Coupled with Rising Demand for Cleaner Fuel in Transportation
Sector 18
3.2.2.1 Global Vehicle Emission Norms 19
3.2.2.2 North America 19
Transparency Market Research
4
Liquefied Natural Gas Market
3.2.2.2.1 U.S. 20
3.2.2.2.2 Canada 20
3.2.2.2.3 Mexico 20
3.2.2.3 South America 21
3.2.2.3.1 Argentina 21
3.2.2.3.2 Brazil 22
3.2.2.3.3 Costa Rica 22
3.2.2.3.4 Chile 23
3.2.2.4 EU Transport 2050 Strategy 23
3.2.2.5 Increase in LNG Applications in Africa 23
3.3 Market Restraints 24
3.3.1 Limited Awareness regarding benefits of LNG as a clean fuel 24
3.4 Market Opportunities 25
3.4.1 LNG for Power Generation 25
3.5 Value Chain Analysis 26
Transparency Market Research
5
Liquefied Natural Gas Market
3.6 Porter’s Five Forces Analysis 29
3.6.1 Bargaining Power of Suppliers 29
3.6.2 Bargaining Power of Buyers 30
3.6.3 Threat from Substitutes 30
3.6.4 Threat of New Entrants 30
3.6.5 Degree of Competition 30
3.7 Market Attractive Analysis 32
Chapter 4 LNG Market – End-User Analysis 33
4.1 LNG Market: End-User Overview 33
4.1.1 Global LNG Market Volume Share, by End-User, 2012 & 2019 33
4.2 Industrial 34
4.2.1 Global Industrial LNG Market, Volume & Revenue, 2012 – 2019, (Bcf) (USD Million) 34
4.3 Electric Power 36
Transparency Market Research
6
Liquefied Natural Gas Market
4.3.1 Global LNG in Electric Power, Market Volume & Revenue, 2012 – 2019, (Bcf) (USD Million) 36
4.4 Others 38
4.4.1 Global Others LNG Market, Volume & Revenue, 2012 – 2019, (Bcf) (USD Million) 38
Chapter 5 LNG Market: Regional Analysis 40
5.1 Global LNG market: Regional analysis 40
5.1.1 Global LNG Market Volume Share, by Geography, 2012 & 2019 40
5.2 Asia-Pacific 42
5.2.1 Asia-Pacific LNG Market Estimates and Forecasts, 2012 – 2019 (Bcf) (USD Million) 42
5.2.2 Asia-Pacific LNG Market Volume, by End-User, 2012 – 2019 (Bcf) 44
5.3 Europe 46
5.3.1 Europe LNG Market Estimates and Forecasts, 2012 – 2019 (Bcf) (USD Million) 46
Transparency Market Research
7
Liquefied Natural Gas Market
5.3.2 Europe LNG Market Volume, by End-User, 2012 – 2019 (Bcf) 48
5.4 Rest of the World (RoW) 50
5.4.1 RoW LNG Market Estimates and Forecast, 2012 – 2019 (Bcf) (USD Million) 50
5.4.2 RoW LNG Market Volume, by End-User, 2012 – 2019 (Bcf) 51
Chapter 6 Company Profiles 53
6.1 Apache Corporation 53
6.1.1 Company overview 53
6.1.2 Financial overview 53
6.1.3 Business strategy 53
Transparency Market Research
8
Liquefied Natural Gas Market
6.1.4 SWOT Analysis 54
6.1.5 Recent developments 54
6.2 BG Group plc 55
6.2.1 Company overview 55
6.2.2 Financial overview 55
6.2.3 Business strategy 55
6.2.4 SWOT Analysis 56
6.2.5 Recent developments 56
6.3 Cheniere Energy, Inc. 57
6.3.1 Company Overview 57
Transparency Market Research
9
Liquefied Natural Gas Market
6.3.2 Financial Overview 57
6.3.3 Business Strategy 57
6.3.4 SWOT Analysis 58
6.3.5 Recent developments 58
6.4 ConocoPhillips 59
6.4.1 Company Overview 59
6.4.2 Financial Overview 59
6.4.3 Business Strategy 59
6.4.4 SWOT analysis 60
6.4.5 Recent developments 60
Transparency Market Research
10
Liquefied Natural Gas Market
6.5 Dominion Resources, Inc. 61
6.5.1 Company Overview 61
6.5.2 Financial Overview 61
6.5.3 Business Strategy 61
6.5.4 SWOT Analysis 62
6.5.5 Recent Developments 62
6.6 Kinder Morgan, Inc. 63
6.6.1 Company Overview 63
6.6.2 Financial Overview 63
6.6.3 Business Strategy 63
Transparency Market Research
11
Liquefied Natural Gas Market
6.6.4 SWOT Analysis 64
6.6.5 Recent Developments 64
6.7 Qatar Petroleum 65
6.7.1 Company Overview 65
6.7.2 Financial Overview 65
6.7.3 Business Strategy 65
6.7.4 SWOT analysis 66
6.7.5 Recent developments 66
6.8 Sempra Energy 67
6.8.1 Company Overview 67
Transparency Market Research
12
Liquefied Natural Gas Market
6.8.2 Financial Overview 67
6.8.3 Business Strategy 67
6.8.4 SWOT analysis 68
6.8.5 Recent developments 68
6.9 Veresen Inc. 69
6.9.1 Company Overview 69
6.9.2 Financial Overview 69
6.9.3 Business Strategy 69
6.9.4 SWOT analysis 70
6.9.5 Recent developments 70
Transparency Market Research
13
Liquefied Natural Gas Market
6.10 Woodside Petroleum Ltd. 71
6.10.1 Company Overview 71
6.10.2 Financial Overview 71
6.10.3 Business Strategy 71
6.10.4 SWOT analysis 72
6.10.5 Recent developments 72
Browse All Energy Market Research Reports:
http://www.transparencymarketresearch.com/energy-market-reports-3.html
Transparency Market Research
14
Liquefied Natural Gas Market
About Us
Transparency Market Research is a market intelligence company providing global business information reports
and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our business
offerings represent the latest and the most reliable information indispensable for businesses to sustain a
competitive edge.
Contact
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Browse The Market Research Blog : http://CMFEGlobalReports.blogspot.com/
Transparency Market Research
15

A new report has been published by Transparency Market Research, titled “Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. TMR, a market intelligence company based in the U.S., states that the global liquefied natural gas market was estimated at US$161.4 million in 2012. Growing at a CAGR of 2.8% between 2013 and 2019, it is anticipated to reach 196.4 million by 2019.As per the TMR report, based on end user analysis, the global liquefied natural gas market is segmented into electric power, industrial, and others. The industrial sector is predicted to dominate the market on the basis of demand for LNG.Numerous industries, namely fertilizers, chemicals, and steel, use high amounts of LNG in the form of operational fuel. Distillate fuels are consumed in huge amounts by industrial processes. Due to a rise in demand for electricity and rising awareness on global warming, LNG’s demand in the electric power sector is increasing. LNG’s usage for power generation is much more environment-friendly and economical as compared to traditional fossil fuels such as diesel and coal, which is leading to higher demand. Download the Free Excluive Sample Report :http://bit.ly/2hSErzh