The
liquefied natural gas market report by Transparency Market Research
provides an in-depth analysis of the global liquefied natural gas
industry. The report segments the market on the basis of end-users
and regions, and also provide forecasts and estimates for each
end-user. The report analyzes demand and supply characteristics of
the market by providing a detailed forecast and analysis of volume
and revenue for the period from 2013 to 2019.
Browse
Liquefied Natural Gas Market Report with Full TOC at
http://www.transparencymarketresearch.com/liquefied-natural-gas-market.html
Liquefied
natural gas market primarily comprises three end-users: industrial
sector, electric power and others. The industrial sector is
anticipated to be one of the most dominant sectors in terms of demand
for LNG. Various industries such as plastics, fertilizers and
chemicals use LNG to run different processes. It is the preferred
fuel for the industrial sector in many parts of the world due to low
carbon intensity and negligible emissions as compared to coal and
oil. Many countries have enforced strict regulations to use cleaner
fuel and power sources in industries in order to reduce greenhouse
gas emissions. Transition from conventional fuels to LNG can help
industries save significant capital and reap all the associated
economic and environmental benefits.
Demand
for LNG in the electric power sector is high due to global warming
awareness and high demand for electricity. LNG is more economical and
environment-friendly than traditional fuels such as coal and diesel.
It also holds an added advantage of having a long-term fixed pricing
structure. LNG has established itself as a suitable alternative to
diesel in the electric power generation market. High calorific value
of LNG in comparison to charcoal and hard coal makes it a prominent
fuel in the power generation market. Other sectors such as
transportation and commercial are also the major consumers of LNG.
Rising fuel prices and depleting natural oil and gas reserves are
driving the demand for cleaner and green fuels. Conventional fuels
such as diesel and petrol emit high amount of COx on combustion. This
raises the overall carbon footprint. However, LNG is comparatively
cleaner and emits less COx and Sox.
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The
global LNG demand is expected to grow at a healthy rate especially in
Asia-Pacific countries such as India, China, Japan and South Korea.
Japan, South Korea and Taiwan (JKT) are expected to remain the
backbone of LNG market owing to high LNG imports. Countries such as
Japan and South Korea are completely relying on LNG to cater to their
domestic needs. European countries such as Spain, France and Italy
are importing high quantities of LNG to reduce oil dependence and
protect the atmosphere from harmful emissions. RoW countries such as
UAE and Kuwait are importing high quantities of LNG to meet their
demand-supply gap. In the future, demand for LNG market is expected
to rise at a healthy rate.
Asia
Pacific, Europe, and Rest of the World (RoW) are the major
geographical areas covered in the report. Each geographical region
has been segmented further on the basis of technology. Volume
forecasts and estimates for each segment have been provided for the
period from 2013 to 2019.
Browse
Press Release Of Liquefied Natural Gas Market
http://www.transparencymarketresearch.com/pressrelease/liquefied-natural-gas-market.htm
The
report also provides thorough analysis and revenue of companies such
as Apache Corporation, BG Group Plc, Cheniere Energy Inc,
ConocoPhillips, Dominion Resources Inc, Kinder Morgan Inc, Qatar
Petroleum, Sempra Energy, Veresen Inc and Woodside Petroleum Ltd.
These companies are likely to dominate the liquefied natural gas
market. The report provides a detailed analysis of various factors
influencing liquefied natural gas industry with the help of Porter’s
five forces analysis. The analysis also helps understand the degree
of competition prevalent in the market. The report also analyzes the
value chain and various drivers and restraints of the liquefied
natural gas market.
Liquefied
Natural Gas Market: End-user Analysis
- Industrial
- Electric power
- Others
Liquefied
Natural Gas Market: Regional Analysis
- Europe
- Asia Pacific
- Rest of the World (RoW)
Article
Of Liquefied Natural Gas Market
http://www.transparencymarketresearch.com/article/liquefied-natural-gas-market.htm
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Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
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