LNG Re-Gasification Market - Global Industry Analysis, Market Size, Share, Growth, Trends And Forecast 2014 - 2020
Published By:
Transparency Market Research
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Report Description Increase in the oil and gas exploration activities to satisfy the global energy needs can have direct implications on the global LNG Re-gasification industry. The global market for LNG Re-gasification industry depends upon the demand for LNG, and hence any factor driving LNG demand could also drive the LNG Re-gasification market. Re-gasification is a process of converting back the Liquefied Natural Gas into its original form. The stringent environmental laws advocating the use of cleaner fuels can have positive impact on the demand of natural gas, and hence re-gasification equipments. The need to meet the energy and climate targets by various countries is one the major driver for the LNG re-gasification industry. Segmentation of the LNG Re-gasification market can be done on the basis of technology, plant location (Onshore and Offshore Re-gasification), end user industry and geography. Some of the major LNG-re-gasification technologies include the use of open rack vaporizers, submerged combustion vaporizers, shell and tube vaporizers, intermediate fluid vaporizers and ambient air vaporizers. Complete Report with TOC @ http://www.mrrse.com/lng-re-gasification-market .
Scope Increasing onshore and offshore natural gas exploration activities, advancements in re-gasification technologies, increasing demand for natural gas, stringent environment regulations advocating the use of cleaner fuels are the major drivers for the LNG Re-gasification industry. Moreover, the development of offshore re-gasification units can also have a positive impact on the LNG Re-gasification industry. High cost of installation for LNG re-gasification units is one of the major restraints to the LNG Regasification industry. Moreover, the development of bio-fuels and renewable energy technology can also be a restraint to the LNG market and hence the LNG Re-gasification industry. Increase in the number of vehicles especially in the Asia Pacific countries such as India and China can act as the opportunity for the LNG Regasification industry. Both of the countries import LNG in large quantities and hence can act opportunities for the companies planning to invest in LNG Re-gasification.
Key Players
Some of the major companies involved in LNG Re-gasification include KBR, Inc., Golar Management Ltd., Höegh lng AS, John Wood Group PLC, Wärtsilä, Excelerate Energy, L.P and others. Request a Sample Copy of the Report @ http://www.mrrse.com/sample/316 .
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