Small Scale LNG Market Research Report – Forecast to 2023

Small Scale LNG Market Research Report – Forecast to 2023

ID: MRFR/E&P/2012-HCRR | August, 2018 | Region: Global | 111 pages | Half-Cooked Research Reports

Global Small Scale LNG Market Research Report: Information by Type (Liquefaction Terminal, Regasification Terminal), Mode of Supply, Application (Utilities, Residential, Industrial, Commercial, Marine, Transportation), and Region - Forecast till 2023

Market Scenario


Natural gas is a clean source fossil fuel with lowest emission of pollutants. The energy sector is facing issues owing to strict regulations against climate change, widening supply and demand gap, rising concern relating to cleaner and sustainable source of energy, and depleting fossil resources. Natural gas is sustainable energy source. However, the source faces storage issues as the volume of natural gas is high. To solve this problem, natural gas is converted to liquid form at liquefaction terminals, for ease of transportation. At the destination of end use, the liquefied gas is again converted to gas at regasification terminals. Globally, the number of liquefaction & regasification terminals are increasing, given the increasing demand for energy fuel.    


Liquefied natural gas (LNG) is natural gas in its, liquid form. The gas is cooled at -1600C to convert it into an odorless, colorless liquid, that can be again re-gasified at end use destination. The typical value chain for the LNG includes gas production & transmission, treatment & liquefaction plant, storage, LNG shipping in ballasts, receiving terminals, regasification, and then to end user. The major demand for LNG comes from power plants, fertilizer industry, and transportation fueling, cooking and heating for industrial, commercial & residential sector. In recent scenario, the smaller scale LNG projects have boosted up with increasing demand for LNG and emerging markets as net importers and exporters. According to Shell’s LNG outlook, global gas demand growth by sectors including power, transport, and others, expanded at 2% CAGR, in 2017.


Small-scale LNG are altogether the LNG transportation from liquefaction terminal to regasification terminals through tankers, ship, and trucks. The need for small-scale LNG arises from increasing demand for LNG, increasing number for lesser capacity liquefaction terminals, and simpler storage facilities. These terminals have maximum capacity of 0.5 MMTPA. For instance, in Singapore the small-scale LNG terminal has capacity of only 11 MTPA. By the end of 2017, China had 4 small-scale LNG terminals, which can meet the demand of natural gas for small-scale projects. The advantage of small-scale LNG are adjustable annual delivery contracts, and minimum counterparty risks.


Global small-scale LNG market has been segmented on the basis of mode of supply, type, application, and region. Based on type, the market is further segmented into liquefaction and regasification terminals. Liquefaction terminal segments holds larger market share due to increasing natural gas storage infrastructure. On the basis of mode of supply, global small-scale LNG market is classified as Trucks, Trans-shipment and Bunkering, Captive Consumption through Pipeline & Rail. The trans-shipment and Bunkering market is prominent in the market due to booming shipping industry. Based on applications, the market is segmented as utilities, residential, industrial & commercial, marine, and transportation.


Small-scale LNG market is expected to have huge number of advancements over the forecast period owing to Liquefaction providers offering plug-and-play concepts with a reduced price tag, operating cost, and deployment time. The market is also expected to have high expansion activities by multinationals and well-established companies.


The global small-scale LNG market is expected to expand at ~2.5% CAGR during the forecast period.


Market Segmentation


 small-scale LNG market


Global Small Scale LNG Market


Global Small Scale LNG market is expected to witness phenomenal growth during the forecast period. The market is expected to grow in Asia Pacific region and Africa region due to increasing demand for natural gas as fuel for power and automobile industry. Besides, the regions are experiencing surge in projects of liquefaction and regasification terminal. For instance, Japan and South Korea are increasing their liquefaction capacity, thus, driving the market. Egypt has emerged as new importer for LNG while Mozambique has discovered a new gas field, which will make the nation a huge gas exporter. Europe region is likely to follow the small-scale LNG market after Asia Pacific and Africa regions. According to European Union policies, the nations are phasing out coal-based power plants, thus creating surge in demand for LNG.   


Key Players


The key players of global small-scale LNG market are Gazprom (Russia), Engie SA (France), Honeywell International Inc. (U.S.), Wärtsilä Corporation (Finland), and The Linde Group (Germany). Skangas AS (Norway), IHI Corporation (Japan), Excelerate Energy L.P (U.S), Prometheus Energy (U.S), Cryostar (U.S.), GE Oil & Gas (U.S.), and Novatek (Russia), are among others.

Table of content



1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model



3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis



4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends



5 Global Small Scale LNG Market, By Mode of supply

5.1 Introduction

5.2 Trucks

5.2.1 Market Estimates & Forecast, 2018-2023

5.2.2 Market Estimates & Forecast by Region, 2018-2023

5.3 Trans-shipment and Bunkering

5.3.1 Market Estimates & Forecast, 2018-2023

5.3.2 Market Estimates & Forecast by Region, 2018-2023

5.4 Captive Consumption through Pipeline & Rail

5.4.1 Market Estimates & Forecast, 2018-2023

5.4.2 Market Estimates & Forecast by Region, 2018-2023



6 Global Small Scale LNG Market, By Type

6.1 Introduction

6.2 Liquefaction terminal

6.2.1 Market Estimates & Forecast, 2018-2023

6.2.2 Market Estimates & Forecast by Region, 2018-2023

6.3 Regasification terminal

6.3.1 Market Estimates & Forecast, 2018-2023

6.3.2 Market Estimates & Forecast by Region, 2018-2023



7 Global Small Scale LNG Market, By Application

7.1 Introduction

7.2 Utilities

7.2.1 Market Estimates & Forecast, 2018-2023

7.2.2 Market Estimates & Forecast by Region, 2018-2023

7.3 Residential

7.3.1 Market Estimates & Forecast, 2018-2023

7.3.2 Market Estimates & Forecast by Region, 2018-2023

7.4 Industrial & Commercial

7.4.1 Market Estimates & Forecast, 2018-2023

7.4.2 Market Estimates & Forecast by Region, 2018-2023

7.5 Marine

7.5.1 Market Estimates & Forecast, 2018-2023

7.5.2 Market Estimates & Forecast by Region, 2018-2023

7.6 Transportation

7.6.1 Market Estimates & Forecast, 2018-2023

7.6.2 Market Estimates & Forecast by Region, 2018-2023



8 Global Small Scale LNG Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2018-2023

8.2.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.2.3 Market Estimates & Forecast by Type, 2018-2023

8.2.4 Market Estimates & Forecast by Application, 2018-2023

8.2.5 U.S.

8.2.5.1 Market Estimates & Forecast, 2018-2023

8.2.5.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.2.5.3 Market Estimates & Forecast by Type, 2018-2023

8.2.5.4 Market Estimates & Forecast by Application, 2018-2023

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2018-2023

8.2.6.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.2.6.3 Market Estimates & Forecast by Type, 2018-2023

8.2.6.4 Market Estimates & Forecast by Application, 2018-2023



8.3 Europe

8.3.1 Market Estimates & Forecast, 2018-2023

8.3.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.3.3 Market Estimates & Forecast by Type, 2018-2023

8.3.4 Market Estimates & Forecast by Application, 2018-2023

8.3.5 U.K.

8.3.5.1 Market Estimates & Forecast, 2018-2023

8.3.5.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.3.5.3 Market Estimates & Forecast by Type, 2018-2023

8.3.5.4 Market Estimates & Forecast by Application, 2018-2023

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2018-2023

8.3.6.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.3.6.3 Market Estimates & Forecast by Type, 2018-2023

8.3.6.4 Market Estimates & Forecast by Application, 2018-2023

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2018-2023

8.3.7.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.3.7.3 Market Estimates & Forecast by Type, 2018-2023

8.3.7.4 Market Estimates & Forecast by Application, 2018-2023

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2018-2023

8.3.8.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.3.8.3 Market Estimates & Forecast by Type, 2018-2023

8.3.8.4 Market Estimates & Forecast by Application, 2018-2023

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2018-2023

8.3.9.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.3.9.3 Market Estimates & Forecast by Type, 2018-2023

8.3.9.4 Market Estimates & Forecast by Application, 2018-2023



8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2018-2023

8.4.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.4.3 Market Estimates & Forecast by Type, 2018-2023

8.4.4 Market Estimates & Forecast by Application, 2018-2023

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2018-2023

8.4.5.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.4.5.3 Market Estimates & Forecast by Type, 2018-2023

8.4.5.4 Market Estimates & Forecast by Application, 2018-2023

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2018-2023

8.4.6.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.4.6.3 Market Estimates & Forecast by Type, 2018-2023

8.4.6.4 Market Estimates & Forecast by Application, 2018-2023

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2018-2023

8.4.7.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.4.7.3 Market Estimates & Forecast by Type, 2018-2023

8.4.7.4 Market Estimates & Forecast by Application, 2018-2023

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2018-2023

8.4.8.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.4.8.3 Market Estimates & Forecast by Type, 2018-2023

8.4.8.4 Market Estimates & Forecast by Application, 2018-2023

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2018-2023

8.5.2 Market Estimates & Forecast by Mode of supply, 2018-2023

8.5.3 Market Estimates & Forecast by Type, 2018-2023

8.5.4 Market Estimates & Forecast by Application, 2018-2023



9 Competitive Landscape



10 Company Profile

10.1 Baker Hughes GE (U.S.)

10.1.1 Company Overview

10.1.2 Product/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Schlumberger (U.S.)

10.2.1 Company Overview

10.2.2 Product /Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 National Oilwell Varco, Inc. (U.S.)

10.3.1 Company Overview

10.3.2 Product /Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Patterson-UTI Energy (U.S.)

10.4.1 Company Overview

10.4.2 Product /Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 FracChem LLC. (U.S.)

10.5.1 Company Overview

10.5.2 Product /Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 TechnipFMC (UK)

10.6.1 Company Overview

10.6.2 Product /Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 U.S. Silica Holdings (U.S.)

10.7.1 Company Overview

10.7.2 Product /Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Halliburton (U.S.)

10.8.1 Company Overview

10.8.2 Product /Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Nuverra (U.S.)

10.9.1 Company Overview

10.9.2 Product /Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 FTS International (U.S.)

10.10.1 Company Overview

10.10.2 Product /Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

10.11 US Well Services (U.S.)

10.11.1 Company Overview

10.11.2 Product /Services Offering

10.11.3 Financial Overview

10.11.4 Key Developments

10.11.5 Strategy

10.11.6 SWOT Analysis

10.12 Franklin Well Service LLC (U.S.)

10.12.1 Company Overview

10.12.2 Product /Services Offering

10.12.3 Financial Overview

10.12.4 Key Developments

10.12.5 Strategy

10.12.6 SWOT Analysis

10.13 EOG Resources (U.S.)

10.13.1 Company Overview

10.13.2 Product /Services Offering

10.13.3 Financial Overview

10.13.4 Key Developments

10.13.5 Strategy

10.13.6 SWOT Analysis





List of Tables

Table 1 Global Small Scale LNG Market: By Region, 2018-2023

Table 2 North America Small Scale LNG Market: By Country, 2018-2023

Table 3 Europe Small Scale LNG Market: By Country, 2018-2023

Table 4 Asia Pacific Small Scale LNG Market: By Country, 2018-2023

Table 5 RoW Small Scale LNG Market: By Country, 2018-2023

Table 6 Global Small Scale LNG Market by Mode of supply Market: By Regions, 2018-2023

Table 7 North America Small Scale LNG Market by Mode of supply: By Country, 2018-2023

Table 8 Europe Small Scale LNG Market by Mode of supply: By Country, 2018-2023

Table 9 Asia Pacific Small Scale LNG Market by Mode of supply: By Country, 2018-2023

Table 10 RoW Small Scale LNG Market by Mode of supply: By Country, 2018-2023

Table 11 Global Small Scale LNG Market, by Type, By Regions, 2018-2023

Table 12 North America Small Scale LNG Market, by Type, By Country, 2018-2023

Table 13 Europe Small Scale LNG Market, by Type, By Country, 2018-2023

Table 14 Asia Pacific Small Scale LNG Market, by Type, By Country, 2018-2023

Table 15 RoW Small Scale LNG Market, by Type, By Country, 2018-2023

Table 16 Global Small Scale LNG Market, by Application, By Regions, 2018-2023

Table 17 North America Small Scale LNG Market, by Application, By Country, 2018-2023

Table 18 Europe Small Scale LNG Market, by Application, By Country, 2018-2023

Table 19 Asia Pacific Small Scale LNG Market, by Application, By Country, 2018-2023

Table 20 RoW Small Scale LNG Market, by Application, By Country, 2018-2023

Table 21 Global Small Scale LNG Market: By Region, 2018-2023

Table 22 Global Small Scale LNG Market: By Region, 2018-2023

Table 23 Global Small Scale LNG Market: By Region, 2018-2023

Table 24 North America Small Scale LNG Market, By Country

Table 25 North America Small Scale LNG Market, by Mode of supply

Table 26 North America Small Scale LNG Market, By Type

Table 27 North America Small Scale LNG Market, By Application

Table 28 Europe: Small Scale LNG Market, By Country

Table 29 Europe: Small Scale LNG Market, by Mode of supply

Table 30 Europe: Small Scale LNG Market, By Type

Table 31 Europe: Small Scale LNG Market, By Application

Table 32 Europe: Small Scale LNG Market, By Application

Table 33 Asia Pacific: Small Scale LNG Market, By Country

Table 34 Asia Pacific: Small Scale LNG Market, by Mode of supply

Table 35 Asia Pacific: Small Scale LNG Market, By Type

Table 36 Asia Pacific: Small Scale LNG Market, By Application

Table 37 RoW: Small Scale LNG Market, By Region

Table 38 RoW Small Scale LNG Market, by Mode of supply

Table 39 RoW Small Scale LNG Market, By Type

Table 40 RoW Small Scale LNG Market, By Application









List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL SMALL SCALE LNG MARKETSHARE, BY END-USE, 2016 (%)

FIGURE 9 GLOBAL SMALL SCALE LNG MARKET, BY END-USE, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL SMALL SCALE LNG MARKETSHARE, BY TYPE, 2016 (%)

FIGURE 11 GLOBAL SMALL SCALE LNG MARKET, BY TYPE, 2015-2023 (USD MILLION)

FIGURE 12 GLOBAL SMALL SCALE LNG MARKET SHARE (%), BY REGION, 2016

FIGURE 13 GLOBAL SMALL SCALE LNG MARKET, BY REGION, 2015-2023 (USD MILLION)

FIGURE 14 NORTH AMERICA SMALL SCALE LNG MARKETSHARE (%), 2016

FIGURE 15 NORTH AMERICA SMALL SCALE LNG MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 16 EUROPE SMALL SCALE LNG MARKETSHARE (%), 2016

FIGURE 17 EUROPE SMALL SCALE LNG MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 18 ASIA PACIFIC SMALL SCALE LNG MARKETSHARE (%), 2016

FIGURE 19 ASIA PACIFIC SMALL SCALE LNG MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 20 REST OF THE WORLD SMALL SCALE LNG MARKETSHARE (%), 2016

FIGURE 21 REST OF THE WORLD SMALL SCALE LNG MARKETBY COUNTRY, 2015-2023 (USD MILLION)