Global Floating Liquefied Natural Gas Market Outlook: Growth Forecast and Industry Dynamics #240
Open
opened 3 weeks ago by PrathameshGavade
·
0 comments
Loading…
Reference in new issue
There is no content yet.
Delete Branch '%!s(MISSING)'
Deleting a branch is permanent. It CANNOT be undone. Continue?
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 report offers a complete analysis of the global Floating Liquefied Natural Gas Market market on a global and regional scale and offers a forecast for the market. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position.
Download Free Sample Report of Global Floating Liquefied Natural Gas Market Market @ https://www.emergenresearch.com/request-sample/1778
Key companies profiled in the report include:
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
Key inclusions of the Floating Liquefied Natural Gas Market Market report:
COVID-19 effects on Floating Liquefied Natural Gas Market market growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/floating-liquefied-natural-gas-market
The Global Floating Liquefied Natural Gas Market Market Research Report offers a critical analysis of the competitive landscape, profiling key industry players, their market position, product portfolios, and recent developments. The report provides actionable insights that enable companies to adapt and stay resilient in an ever-evolving market environment. By offering a holistic view of the competition, businesses can better formulate strategies to enhance their market presence
Segments Covered in this report are:
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
Regional Outlook :
Global growth in the Floating Liquefied Natural Gas Market market is driven by diverse regional dynamics. North America and Europe lead with technological advancements and strong regulatory frameworks, though supply chain disruptions and compliance issues pose challenges. Asia-Pacific, particularly China and India, is experiencing rapid expansion due to urbanization and rising consumer demand. Meanwhile, emerging markets in Latin America, the Middle East, and Africa are showing potential, supported by economic reforms and increasing investments, though political instability and infrastructure gaps remain obstacles to long-term growth.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/1778
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Floating Liquefied Natural Gas Market market?
What are the key product types and applications of the Floating Liquefied Natural Gas Market industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Floating Liquefied Natural Gas Market market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Floating Liquefied Natural Gas Market Market by 2027?
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1778
Look Over transcripts provided by Emergen Research @
Smart Agriculture Market Size
Smart Agriculture Market Share
Smart Agriculture Market Trends
Smart Agriculture Regional Market Demand
Smart Agriculture Market Analysis
Smart Agriculture Market Top Companies
Smart Agriculture Market News
Smart Agriculture Market Executive Summary
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
About Us:
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 cons umer 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.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services