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Global $47 Billion Small Scale LNG (SSLNG) Market By Application, By Mode of Supply, Competition Forecast & Opportunities, 2011-2021 - Research and MarketsDUBLIN, April 28, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Small Scale LNG (SSLNG) Market By Application, By Mode of Supply, Competition Forecast & Opportunities, 2011-2021" report to their offering. The global small scale LNG market is anticipated to cross $47 billion by 2021 Globally, growing demand for SSLNG from remote areas, especially for power generation, is one of the major factors driving the global market of small scale LNG. Other factors such as increasing inclination towards greener and cleaner fuel coupled with low prices of natural gas are also aiding global small scale LNG market. Increasing exploration & production activities, favorable government policies supporting the adoption of LNG and growing demand from remote areas are some of the major factors anticipated to aid the global small scale LNG market during 2016 - 2021. Moreover, drop in natural gas prices and fluctuations in crude oil prices are further expected to encourage customers across the globe to opt for small scale LNG over diesel, furnace oil or coal in the coming years. Advanced economies of the world have implemented strict emission norms that regulate the harmful emission levels of desel as a fuel. This has resulted in increased use of small scale LNG in industrial and commercial sectors. In addition, growing natural gas production is expected to boost demand for small scale LNG over a span of next five years. Asia-Pacific dominated the global small scale LNG market in 2015, and the region is anticipated to maintain its dominance over the next five years as well owing to continuing economic growth, high power deficits, new technological advancements and increasing adoption of stringent emission norms, particularly in China. Global Small Scale LNG (SSLNG) Market report discusses the following aspects of global small scale LNG (SSLNG) market:
Market Trends & Developments
Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/smzk3b/global_small Media Contact: Laura Wood, Senior Manager
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