Global Liquefied Natural Gas (LNG) Market Size, Trends & Forecasts 2017-2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Liquefied Natural Gas (LNG) Market Size, Trends & Forecasts (2017-2021)" report to their offering.

Global Liquefied Natural Gas (LNG) Market Size, Trends & Forecasts (2017-2021) provides a detailed analysis of the global LNG market with an analysis of market size and growth. The analysis includes market size in terms of trade volume, demand, and LNG export and import market share by country.

The global LNG trade volume has increased over the years, and projections are made that the market would rise in the next five years, i.e. 2017 to 2021, at a rapid pace. Major factors contributing in the increasing trade volume of LNG are the startup of several new projects in Australia and Indonesia, rapid economic growth, especially of emerging economies, and rising demand for environmentally cleaner fuels, etc.

In the forecasted period, the market would be pushed by an increase in LNG exports, lower shipping costs, technological advancements and access to new markets, etc. In spite of high growth in trade volumes of LNG, the market is still facing some challenges that are obstructing the growth of the global LNG market. Challenges faced by the LNG industry are supply and demand imbalance, lower LNG prices, competition from fossil fuels and renewable energy, and emergence of regional trade.

A brief company profiling of major market players, namely Royal Dutch Shell, ExxonMobil, BP Global and Chevron Corporation, has been provided in the report on the basis of aspects like business overview, financial overview and business strategies adopted by respective companies.

Market Dynamics

Growth Drivers

  • Growing Volume of Liquefaction Capacity
  • Strong Economic Growth in Asia
  • Rising Demand for Environmentally Cleaner Fuels
  • Global Economic Growth and Increasing Energy Demand
  • Rising Use in Major Industrial Sectors

Challenges

  • Supply and Demand Imbalance
  • Low LNG Prices
  • Emergence of Regional Trade
  • Competition from Fossil and Renewable Energy
  • Financial Constraints in Projects
  • Impact of Government Actions
  • Development of Downstream Markets

Market Trends

  • Increase in LNG Exports
  • Lower Shipping Cost
  • Access to New Markets
  • Technological Advancements

Company Coverage

  • ExxonMobil Corporation
  • Royal Dutch Shell
  • BP Global
  • Chevron Corporation

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Global Market Analysis

4. Region/Country Analysis

5. Market Dynamics

6. Competitive Landscape

7. Company Profiling

For more information about this report visit http://www.researchandmarkets.com/research/s9wds5/global_liquefied.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: LNG (Liquefied Natural Gas)

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: LNG (Liquefied Natural Gas)