Small Scale LNG Terminals Market by Product type and by Region 2017 – 2025

Global Small-scale Liquefied Natural Gas (LNG) Terminals Market: Snapshot

Small-scale liquefied natural gas (LNG) terminals is a nascent industry that is proving both profitable and scalable. It serves to meet the ever-soaring demand for fuel by the trucking and shipping industries and is also a viable alternative to highly polluting fossil fuel that still powers most vehicles.

Despite large-scale LNG terminals constructed worldwide, the demand for small-scale liquefied natural gas (LNG) terminals is rising on account of the demand from remote places that also use LNG to generate power off-grid for residential and industrial needs. This has led to a growing thrust on miniaturizing LNG infrastructure. Technology has made it possible to design state-of-the-art small-scale LNG terminals and this is gradually serving to up competition in the market.

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Relatively less entry-level challenges as compared to large LNG projects have opened up avenues for development of creative and new technologies and have increased the number of new entrants in the market over the years. Apart from that, regulatory pressures forcing heavy-duty vehicles to adopt greener fuels is also stoking market growth.

From a geographical standpoint, North America and Europe are key markets for small scale liquefied natural gas (LNG) terminals on account of the stringent regulations pertaining to environmental preservation in the region. Norway in Europe is said to have a very developed small scale liquefied natural gas infrastructure.

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In order to become more viable operation-wise, incumbent players in the global market for small-scale liquefied natural gas (LNG) terminals are envisaging various business models. They are also expected to take the organic route of mergers and acquisitions in order to gain access to technological and other resources.

Global Small Scale LNG Terminals Market: Overview

The clean burning nature of natural is driving initiatives encouraging its increased usage across a number of industrial applications and across the transportation industry. The transportation industry, which largely relies on petrochemicals-based fuels with high emission levels to power engines, making it one of the most significant contributor to the rising levels of air pollution across the globe.

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In a bid to lower down the levels of environment-degrading emissions and pollutants, government bodies are increasing their participation in initiatives aimed at the increased the usage of natural gas and are focusing on the development of LNG infrastructure at a rapid pace. These initiatives are expected to pace up the rate of deployment and development of LNG terminal infrastructures. Although large LNG terminals have been conventionally the more preferred type of LNG supply centers, the rising demand for LNG from remote-located consumers is rapidly making small-scale LNG terminals the norm for the supply of natural gas across small geographies.

Global Small Scale LNG Terminals Market: Trends and Opportunities

Over the past few years, the global commoditization of LNG has led to a significant rise in the number of new applications and market of LNG. Technological solutions enabling small scale LNG terminals have become mature and modularization, standardization, and the rate of competitiveness have increased.

Relatively lower entry-level challenges as compared to large LNG projects have opened up vast stores of opportunity for the rapid development of creative and new technologies and have increased the number of new entrants in the market over the years. The increased adoption of LNG as a fuel in the automotive industry, especially for powering heavy-duty vehicles, is also a key factor to have increased the adoption of small-scale LNG terminals across several regional markets.

Global Small Scale LNG Terminals Market: Regional Overview

From a regional perspective, the small scale LNG terminals market is highly attractive across environment-conscious regions such as North America and Europe. Strict regulations in the marine sector have increased the scope of usage of LNG as a bunker fuel in Europe, stimulating the development of strategically located small scale terminals. In the next few years also, North America and Europe will continue to contribute significantly to the global small-scale LNG terminals market in terms of new installations and capacity expansions.

Asia Pacific is also a highly promising market owing to its mammoth transportation industry. In China, several efforts in place to educate masses about the need to switch to clean fuels to lower down the levels of air pollution in cities, easy availability of natural gas, and substantial price difference between diesel and natural gas are driving the increased deployment of small scale LNG terminals.

Global Small Scale LNG Terminals Market: Market Potential

The field of LNG bunkering is increasingly becoming one of the key end-use segments of the global small scale LNG terminals market and companies operating in the field are registering large-scale expansion of operations and capacities at a rapid pace. In a recent development, the privately-owned company LNG Gorskaya has received funding worth $20.04 mn, which the company will use to develop its LNG bunkering plants in Estonia. With further funding, the company is planning to finance its LNG bunkering centers in Finland, Germany, Estonia, Latvia, and Sweden, establishing a series of small-scale terminals to be able to provide LNG to ships at around 320 km from its LNG bunkering stations.

Global Small Scale LNG Terminals Market: Competitive Landscape

The highly competitive vendor landscape of the global small scale LNG terminals market is expected to witness the introduction of several new business models in the next few years. The market is expected to witness a rise in mergers and acquisitions as companies focus on leveraging their project management competence and technological expertise to stay ahead of competition.

Some of the leading companies operating in the global small scale LNG terminals market are Nippon Gas Co., Ltd., EcoEléctrica Inc., Plum Energy, LLC, Linde AG, Santos Ltd, PT Donggi Senoro LNG, Prometheus Energy Company, Emirates Liquefied Natural Gas (LNG) LLC, Petroliam Nasional Berhad (PETRONAS), and Skangass AS.

Ever Increasing Demand for LNG to Drive Small Scale LNG Terminals

San Francisco, California, December 28, 2017: Small Scale LNG Terminals Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025 is the latest report added in the vast repository of study reports of TMR Research. The research report which sheds light on the global market landscape of the small scale LNG . The research report is a result of compilation of extensive primary as well as secondary research methodologies. The research report makes use of inputs from industry experts, surveys, and personal interviews to provide an in-depth qualitative as well as quantitative evaluation of the global plastic packaging market. The report also consists of crucial information gathered from the prominent companies that are playing their trade in the global plastic packaging market. A separate evaluation of the macro as well as micro-economic directives, driving factors of the market, current trends, mandates, and regulation that govern the overall development of the global market for plastic packaging are also given out in the report.

Small scale LNG or liquefied natural gas terminals is a developing industry that is turning out to be both scalable as well as profitable. It is serving to the ever increasing demand for the small scale liquefied natural gas is growing on account of the demand from far off places that also use liquefied natural gas to create power off grid for industrial and residential necessities. This has resulted to an increasing thrust on a miniaturizing liquefied natural gas infrastructure. Technology has now made it possible to create state of the art small scale liquefied natural gas terminals. This is also slowly serving to up the overall competition present in the market.

There are comparatively less challenges for the entry level than to the large LNG projects. This has also opened up new avenues for the overall development of new as well as creative technologies and have helped in increasing the number of upcoming players in the market. Apart from this, the issues related to regulatory authorities is enforcing heavy duty vehicles to use eco friendly fuels is also helping in the overall development of the global market for small scale liquefied natural gas terminals.

From a geographical viewpoint, the global market for small scale liquefied natural gas terminals can be segmented into key regions such as North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. The global market for small scale liquefied natural gas terminals is expected to be dominated by North America. Europe market is also expected to significantly help in the overall development of the global market. North America and Europe are expected to turn out to be key regions owing to the strict regulations related to the environmental conservation in the regions. Norway in the Europe regions is thought to have a very well developed small scale liquefied natural gas terminals infrastructure.

In order to become a more feasible option in terms of operation, the current players in the global market for small scale liquefied natural gas terminals for trying out different models for business. They are also projected to take the usual and well known route of mergers, takeovers, joint ventures in order to enhance their overall market presence.

Some of the key players in the global market for small scale liquefied natural gas terminals include names such as Nippon Gas Co., Ltd., EcoEléctrica Inc., Plum Energy, LLC, Linde AG, Santos Ltd, PT Donggi Senoro LNG, Prometheus Energy Company, Emirates Liquefied Natural Gas (LNG) LLC, Petroliam Nasional Berhad (PETRONAS), and Skangass AS.

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