LNG Carrier Containment Market Size Report, Industry Share, Analysis, Growth, 2030

Smart Grid Data Analytics Industry Prospective:

The global LNG Carrier Containment Market size was evaluated at $11.21 billion in 2018 and is slated to hit $15.56 billion by the end of 2025 with a CAGR of nearly 4.9% between 2019 and 2025.

The report covers a forecast and an analysis of the LNG carrier containment market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on both volume (K Units) and revenue (USD Billion). The study covers the key drivers and restraints of the global LNG carrier containment market and provides their market impact over the forecast period. Furthermore, the study also includes the analysis of opportunities available in the global LNG carrier containment market on a global level.Request Free Sample

In order to offer a comprehensive view of the global LNG carrier containment market, we have included a detailed value chain analysis. To understand the competitive landscape within the market, an analysis of Porter’s Five Forces model for the global LNG carrier containment market has additionally been included. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study also includes the market share of the key participants operating in the global LNG carrier containment market. Moreover, the report covers the strategic development in the market along with acquisitions & mergers, agreements partnerships, collaborations & joint ventures, and regional growth of key market players on a global basis.

LNG Carrier Containment Market: Report Scope

LNG Carrier Containment Market: Growth Factors

The increased demand for natural gas from a variety of industries, as well as the increasing number of residential and commercial applications of LNG, are the primary factors driving the market for LNG carrier containment. In addition, during the course of the recent past, there has been a meteoric rise in the demand for LNG as a fuel for automobiles. This has contributed to the strengthening of supportive government rules for cleaner fuel, which aim to minimize reliance on petroleum fuels.

The market for LNG carrier containment has benefited from technological developments that have been implemented for the purpose of making the liquefaction of natural gas more cost-effective and safe, as well as the transportation of LNG. However, the inconsistency of natural gas prices, the absence of infrastructure supportive of the liquefaction of natural gas, and the length of time needed for supply and acceptance of LNG in developing nations are all factors that could limit the market growth.

LNG Carrier Containment Market: Segmentation

The study provides a crucial view of the global LNG carrier containment market by segmenting it based on carrier type, propulsion type, capacity, and region. The regional segment includes North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

LNG Carrier Containment Market: Competitive Space

Some major players in the LNG carrier containment market are

• Gaztransport & Technigaz
• Mitsui O.S.K Lines
• Teekay LNG Partners
• NYK Line
• Gaslog
• MISC Berhad
• Dynagas LNG Partners
• BW Gas
• Samsung Heavy Industries
• Hudong-Zhonghua Shipbuilding
• Kawasaki Heavy Industries.

This report segments the global LNG carrier containment market into:

Global LNG Carrier Containment Market: Carrier Type Analysis

• Membrane Type
• Moss Type

Global LNG Carrier Containment Market: Propulsion Type Analysis

• Steam Turbine
• ME-GI
• DFDE
• SSD
• Steam Reheat
• XDF
• TFDE
• Others

Global LNG Carrier Containment Market: Capacity Analysis

• 30,000 to 1,24,999 Cubic Meters
• 1,25,000 to 1,49,999 Cubic Meters
• 1,50,000 to 1,80,000 Cubic Meters
• Above 1,80,000 Cubic Meters

Global LNG Carrier Containment Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa