Global LNG Market to Enjoy Growth at High Rate through 2021, Expects Daedal Research in Its Insightful Report Available at MarketPublishers.com
22 May 2017 • by Natalie Aster
LONDON – The volume of the world’s liquefied natural gas (LNG) trade has considerably increased over the years. Key factors propelling robust growth in the LNG trade volume include rapid economic growth particularly in the emerging markets, startup of novel projects in Indonesia and Australia, continuously escalating demand for environmentally-friendly fuels, among others.
Furthermore, the overall LNG market is forecast to continue increasing at a high rate during 2017-2021. Through 2021, the world’s LNG market is likely to be spurred by uptake in LNG exports, ongoing technological advancements, lower shipping costs and expanding access to new markets, etc. however, this market is still facing a number of challenges, for example, supply-demand balance, strong competition from fossil fuels and renewable energy, lower LNG prices and emergence of regional trade.
The most prominent players in the world’s LNG market include ExxonMobil Corporation, BP Global, Royal Dutch Shell and Chevron Corporation.
The insightful report by Daedal Research, “Global Liquefied Natural Gas (LNG) Market Size, Trends & Forecasts (2017-2021)”, offers an extensive analysis of the world’s LNG market. It contains reliable data on the market size and shares, dynamics and growth rates, the major growth influencing factors and also prevailing and emerging trends. This topical study touches upon the demand dynamics, export and import trends, as well as investigates the present scenario across the key geographical markets. The report includes trustworthy updated statistics, outlines the key growth challenges and opportunities, reviews the market historical growth patterns, draws a clear picture of the present market landscape and also gives an all-round future outlook through 2021. It examines the competitive environment and profiles dominant players.
More topical research reports by this publisher can be found at the Daedal Research online page at MarketPublishers.com.