With the Global Sulphur Cap 2020, the latest regulation adopted by the International Maritime Organization (IMO), merchant vessels’ owners have to comply with new Sulphur oxide emissions of not more than 0.5% worldwide since January 1st 2020, against 3.5% previously.
This report contains market size and forecasts of LNG for Marine in global, including the following market information:
Global LNG for Marine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LNG for Marine Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five LNG for Marine companies in 2021 (%)
The global LNG for Marine market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
APCI Liquefaction Technology Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LNG for Marine include Cheniere Energy, ConocoPhillips, Qatar Petroleum, Woodside Petroleum, Sinopec Group, BP, TOTAL, Shell and ExxonMobil and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LNG for Marine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LNG for Marine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global LNG for Marine Market Segment Percentages, by Type, 2021 (%)
APCI Liquefaction Technology
Cascade Liquefaction Technology
Other
Global LNG for Marine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global LNG for Marine Market Segment Percentages, by Application, 2021 (%)
Cruisers
Ferries
Barges
Tug Boats
Others
Global LNG for Marine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global LNG for Marine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LNG for Marine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LNG for Marine revenues share in global market, 2021 (%)
Key companies LNG for Marine sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies LNG for Marine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cheniere Energy
ConocoPhillips
Qatar Petroleum
Woodside Petroleum
Sinopec Group
BP
TOTAL
Shell
ExxonMobil
Chevron