DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2cj8jh/global_lng_market) has announced the addition of the "Global LNG Market 2014-2018" report to their offering.
The Global LNG market to grow at a CAGR of 5.6% over the period 2013-2018
Liquefied natural gas (LNG) is a type of hydrocarbon, mainly methane that has been converted into liquid form for ease of storage or transport. It is non-toxic, odorless, non-corrosive, and colorless. It becomes flammable after vaporization into a gaseous state and can also cause unconsciousness. LNG achieves a higher reduction in volume that makes it cost efficient to transport over long distances, where pipelines do not exist.
One key trend emerging in this market is the increased number of autogas vehicles. Carbon emissions from LNG- based vehicles are very low, which has attracted investment from various investors across the globe.
According to the report, one of the main drivers for this market is increased global energy demand. Rising demand for energy from various sectors has boosted the demand for different energy products such as LNG, thereby propelling the growth of the market during the forecast period.
Further, the report states that one of the major challenges confronting the market is high construction costs, which result in the delay of LNG plant constructions, therefore delaying the supply.
The Global LNG market can be divided into four segments based on end-users:
- Industrial
- Commercial & Residential
- Power
- Transportation
Key Vendors
- Chubu Electric
- Enagas
- Korea Gas
- Sonatrach
- Tokyo Electric
Other Prominent Vendors
- Osaka Gas Company
- Petroliam Nasional Berhad
- Qatar Petroleum
- Royal Dutch Shell P
- Woodside Petroleum
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/2cj8jh/global_lng_market
