Report ID: SQMIG55E2014
Report ID:
SQMIG55E2014 |
Region:
Global |
Published Date: February, 2024
Pages:
293
|
Tables:
116 |
Figures:
77
North America dominated the global market in 2021. Attributable to the increased demand for fiber cement Small-Scale Liquefied Natural Gas (LNG) in the region. Due to growing LNG exports from the United States, Canada, and Mexico as a result of rising supply due to rising development plans by companies like Royal Dutch Shell Plc., ExxonMobil Corp., and Chevron Corp., North America was the second-largest regional market with a volume share of more than 20% in 2021.
In comparison, the Asia-Pacific region is anticipated to grow profitably between 2022 and 2030 due to the region's significant concentration of fiber cement Small-Scale Liquefied Natural Gas (LNG) market players. The demand in the region is further increased by the increasing requirement for the construction of houses and businesses. As the need for natural gas keeps rising in nations like China, India, Singapore, Japan, and others, there has been an increase in interest in the usage of small-scale LNG (SSLNG) in recent years.
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Report ID: SQMIG55E2014