The latest report, titled ‘Global Floating Liquefied Natural Gas Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Floating Liquefied Natural Gas market scenario. The research report provides the reader with an in-depth interpretation of the Floating Liquefied Natural Gas market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Floating Liquefied Natural Gas industry. The market intelligence report is a prototype of the 360° overview of the global Floating Liquefied Natural Gas industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
The global Floating Liquefied Natural Gas (FLNG) market size reached USD 19.21 Billion in 2022 and is expected to register a revenue CAGR of 4.7 % during the forecast period, according to latest analysis by Emergen Research. Rapid demand for floating liquefied natural gas (FLNG) for power generation is driving revenue growth of the market. Several leading offshore drilling companies are acquiring onshore floating liquefied natural gas technology to fuel production of Liquefied Natural Gas (LNG) in order to meet rising demand for industrial gas globally. According to the International Energy Agency (IEA), global gas production is expected to growth 30% by 2040. Additionally, technological advancements in offshore drilling technology is accelerating market revenue growth. FLNG technology helps to extract gas from underwater fields that were previously difficult to access due to economic or environmental reasons. Many industries are sourcing significant volumes of LNG to ease supply chain processes. Companies are investing in latest floating drilling technology to reduce costs and additional investments in compression units, dredging, pipelines, and others. However, rising concerns regarding regulatory, pollution, and climate change are restraining growth of the market. According to World Economic Forum (WEF), global emissions of carbon dioxide from fossil fuels and cement production rose by 1.0% in 2022, reaching a record high of 36.6 billion tons of CO2 (GtCO2). In January 2023, a German environmental organization filed a complaint against permission for a newly built floating liquefied natural gas terminal in Wilhelmshaven, claiming release of chlorine is harmful and German climate targets could be put at risk.
The latest research report is dubbed as the first document encompassing the latest information about the Floating Liquefied Natural Gas market that has been gravely affected by the COVID-19 pandemic. The global health crisis poses significant threats to the future growth of the Floating Liquefied Natural Gas industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Market Overview:
The report bifurcates the Floating Liquefied Natural Gas market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Floating Liquefied Natural Gas Market Segmentation:
Technology Outlook (Revenue, USD Billion; 2019-2032)
Floating Storage Regasification Unit (FSRU)
Floating Production Storage and Offloading (FPSO)
Capacity Outlook (Revenue, USD Billion; 2019-2032)
Large-scale FLNG
Mid-scale FLNG
Small-scale FLNG
End-use Outlook (Revenue, USD Billion; 2019-2032)
Power Generation
Industrial
Others
It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Shell Plc, BASF SE, ABB Limited, Chiyoda Corporation, Samsung Heavy Industries Co., Ltd., Linde plc, JGC Holdings Corporation., Excelerate Energy, Inc., BP Plc, TotalEnergies Trading SA, Petronas LNG Ltd. , Baker Hughes Company, Technip Energies N.V., Höegh LNG AS, Golar LNG Limited, Black & Veatch Holding Company
Global Floating Liquefied Natural Gas Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
R&D Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
Regional Landscape section of the Floating Liquefied Natural Gas report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Overview of Global Floating Liquefied Natural Gas Market
Competitive analysis of the Floating Liquefied Natural Gas market
Regional analysis of Global Floating Liquefied Natural Gas market production and revenue
Regional analysis of Global Floating Liquefied Natural Gas market supply, consumption, and export & import
Type-based market analysis of global Floating Liquefied Natural Gas production, revenue, and price trends
Application-based analysis of the global Floating Liquefied Natural Gas market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Floating Liquefied Natural Gas market
Global Floating Liquefied Natural Gas market forecast (2020-2027)
Conclusion of the research report
Appendix
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Look Over transcripts provided by Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
