Floating Liquefied Natural Gas Market Segmentation and Opportunities: In-Depth Market Research

 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 Global Floating Liquefied Natural Gas Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Floating Liquefied Natural Gas Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.

To avail Sample Copy of the report@ https://www.emergenresearch.com/request-sample/1778

Effect of COVID-19 on the global market for Floating Liquefied Natural Gas Market

The COVID-19 pandemic had a significant negative influence on the market for Floating Liquefied Natural Gas Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Floating Liquefied Natural Gas Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Floating Liquefied Natural Gas Market in 2020. Additionally, demand for Floating Liquefied Natural Gas Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.

Floating Liquefied Natural Gas Market market : Competitive Landscape

The prominent players operating in the Floating Liquefied Natural Gas Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Floating Liquefied Natural Gas Market market .

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 

Make an enquiry of this report @ https://www.emergenresearch.com/industry-report/floating-liquefied-natural-gas-market

the Global Floating Liquefied Natural Gas Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.

Based on types, the market is segmented into

  • 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 :

The growth of the Floating Liquefied Natural Gas Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1778

Look Over transcripts provided by Emergen Research @ 

Lateral Flow Assays Market Size

 Lateral Flow Assays Market Share

 Lateral Flow Assays Market Trends

 Lateral Flow Assays Regional Market Demand

 Lateral Flow Assays Market Analysis

 Lateral Flow Assays Market Top Companies

 Lateral Flow Assays Market News

 Lateral Flow Assays Market Executive Summary

Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to 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 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.

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

Comments

Post a Comment

Popular posts from this blog

Market Entry Strategies for Polyimides Market : Challenges and Opportunities

Image
  The report sheds light on the minute details of the Polyimides Market industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till   2033 . Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The polyimides market is expected to grow from an estimated USD 5.6 billion in 2024 to USD 10.3 billion in 2033 at a CAGR of 7.0%. The global polyimides market size is expected to grow from 5.6 billion by the end of 2024 to 10.3 billion by 2033, registering a revenue CAGR of 7.0% during the forecast period. The major polyimides market growth factor is the growing demand for electric vehicles. The high performance of EV components, including battery modules, motor insulation, and flexible printed circ...
Read more

Temperature Monitoring Systems Market Analysis By Industry Share, Merger, Acquisition, Size Estimation, New Investment Opportunities, Statistics, Overview, and Forecast till 2028

Image
  The latest research report serves as a perfect example of the precise analysis of the global   Temperature Monitoring Systems Market   . It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide   Temperature Monitoring Systems Market   industry. The global  temperature monitoring systems market  size is expected to reach USD 6.23 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Major factors driving market revenue growth are increasing adoption of temperature monitoring systems across a wide range of end-use sectors, technological advancements in temperature monitoring technology, rising investment for technological research activities, and growing demand for advanced temperature monitoring devi...
Read more

European Bioplastics Market : A Deep Dive into the Industry's Key Applications and Technologies

Image
  The   European Bioplastics Market   is expected to grow from an estimated USD 3.6 billion in 2024 to USD 6.2 billion in 2033, at a CAGR of 6.2%. The European bioplastics market is expected to be driven by favorable government policies and regulations. The European Union has framed strict policy measures to decrease plastic pollution and consequently increase the usage of environment-friendly alternatives. Of these, the most striking is the Single-Use Plastics Directive that seeks to reduce plastic waste by banning or restricting a clearly defined set of single-use plastic products found most in marine litter. The new report titled ‘Global European Bioplastics Market  ’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Europe...
Read more