Market Overview:
The global liquefied natural gas container market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for liquefied natural gas as a fuel source for transportation and power generation applications. In addition, the growing popularity of LNG-powered vessels is also contributing to the growth of the global liquefied natural gas container market. The global liquefied natural gas container market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into < 25 ft containers, 25-40 ft containers, and > 40 ft containers. The < 25 ft segment is projected to grow at a CAGR of 6% duringthe forecast period from 2018to 2030 due to its low cost and easy portability.
Product Definition:
A Liquefied Natural Gas Container is a container used to store liquefied natural gas. Liquefied natural gas is a fuel that is used to power vehicles and heat homes.
< 25 ft:
The term “25 feet” is used to define the size of a shipping container that can carry LNG. The size of the container depends on the type of gas it carries, for example, 25-foot LNG containers are used to transport LNG and other gaseous substances.
Global < 25 ft.
25-40 ft:
25-40 ft is the size of a standard shipping container used to transport LNG. It is built to withstand high pressure, temperature and corrosion resistance. The 25-40 ft containers are widely accepted for transportation of LNG owing to its properties such as safety, reliability and efficiency.
Application Insights:
The land transportation segment dominated the global liquefied natural gas container market in terms of revenue share in 2017. The application is projected to witness significant growth over the forecast period owing to rising demand for LNG as a fuel in road vehicles across various regions, including Europe and Asia Pacific. Increasing government initiatives towards reducing greenhouse emissions are expected to further propel industry growth over the coming years.
Marine transportation is anticipated to be one of the fastest-growing segments with a CAGR of XX% from 2018 to 2030 owing to increasing adoption of liquefied natural gas as fuel on account of its cleaner combustion quality than that of diesel or gasoline fuels on account of lower sulfur content which results into fewer emissions during vehicle operation at different temperatures ranging from -40°C up till 746°C when compared with other fossil fuels such as coal.
Regional Analysis:
Asia Pacific emerged as the largest regional market in 2017 and accounted for a volume share of over 54%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand from countries, such as China, India, South Korea, Japan and Indonesia. Factors such as growing population coupled with rising disposable income are likely to boost the transportation sector in these economies which will result in increased utilization of LNG containers.
North America is anticipated to witness significant growth over the forecast period owing to an increase in shale gas production that has resulted into lowering prices for natural gas compared with other regions. Europe also holds a considerable share owing liquefied natural gas (LNG) container shipments by sea across long distances between major ports worldwide.-shipments by sea across long distances between major ports worldwide.-shipments by sea across long distances between major ports worldwide.-shipments by sea across long distances between major ports worldwide.
Growth Factors:
- Increasing demand for LNG as a fuel source for transportation and power generation
- Growing popularity of LNG as a cleaner alternative to other fossil fuels
- Technological advancements that have made LNG more efficient and economical to produce and transport
- Regulatory support for the development of the LNG industry
- Rising global energy demand, which is expected to create opportunities for the expansion of the LNG market
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquefied Natural Gas Container Market Research Report
By Type
< 25 ft, 25-40 ft, > 40 ft
By Application
Marine Transportation, Land Transportation
By Companies
CIMC, Rootselaar Group, FURUISE, Uralcryomash, UBH International, M1 Engineering, Air Water Plant & Engineering, LUXI Group, Corban Energy Group, Bewellcn Shanghai, CIMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Liquefied Natural Gas Container Market Report Segments:
The global Liquefied Natural Gas Container market is segmented on the basis of:
Types
< 25 ft, 25-40 ft, > 40 ft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Marine Transportation, Land Transportation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CIMC
- Rootselaar Group
- FURUISE
- Uralcryomash
- UBH International
- M1 Engineering
- Air Water Plant & Engineering
- LUXI Group
- Corban Energy Group
- Bewellcn Shanghai
- CIMC
Highlights of The Liquefied Natural Gas Container Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- < 25 ft
- 25-40 ft
- > 40 ft
- By Application:
- Marine Transportation
- Land Transportation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquefied Natural Gas Container Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A liquefied natural gas container is a large, cylindrical container made of steel or aluminum that is used to store LNG.
Some of the major companies in the liquefied natural gas container market are CIMC, Rootselaar Group, FURUISE, Uralcryomash, UBH International, M1 Engineering, Air Water Plant & Engineering, LUXI Group, Corban Energy Group, Bewellcn Shanghai, CIMC.
The liquefied natural gas container market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquefied Natural Gas Container Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Liquefied Natural Gas Container Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Liquefied Natural Gas Container Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Liquefied Natural Gas Container Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Liquefied Natural Gas Container Market Size & Forecast, 2018-2028 4.5.1 Liquefied Natural Gas Container Market Size and Y-o-Y Growth 4.5.2 Liquefied Natural Gas Container Market Absolute $ Opportunity
Chapter 5 Global Liquefied Natural Gas Container Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Liquefied Natural Gas Container Market Size Forecast by Type
5.2.1 < 25 ft
5.2.2 25-40 ft
5.2.3 > 40 ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquefied Natural Gas Container Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Liquefied Natural Gas Container Market Size Forecast by Applications
6.2.1 Marine Transportation
6.2.2 Land Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquefied Natural Gas Container Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liquefied Natural Gas Container Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Liquefied Natural Gas Container Analysis and Forecast
9.1 Introduction
9.2 North America Liquefied Natural Gas Container Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Liquefied Natural Gas Container Market Size Forecast by Type
9.6.1 < 25 ft
9.6.2 25-40 ft
9.6.3 > 40 ft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Liquefied Natural Gas Container Market Size Forecast by Applications
9.10.1 Marine Transportation
9.10.2 Land Transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Liquefied Natural Gas Container Analysis and Forecast
10.1 Introduction
10.2 Europe Liquefied Natural Gas Container Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Liquefied Natural Gas Container Market Size Forecast by Type
10.6.1 < 25 ft
10.6.2 25-40 ft
10.6.3 > 40 ft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Liquefied Natural Gas Container Market Size Forecast by Applications
10.10.1 Marine Transportation
10.10.2 Land Transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Liquefied Natural Gas Container Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquefied Natural Gas Container Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Liquefied Natural Gas Container Market Size Forecast by Type
11.6.1 < 25 ft
11.6.2 25-40 ft
11.6.3 > 40 ft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Liquefied Natural Gas Container Market Size Forecast by Applications
11.10.1 Marine Transportation
11.10.2 Land Transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Liquefied Natural Gas Container Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquefied Natural Gas Container Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Liquefied Natural Gas Container Market Size Forecast by Type
12.6.1 < 25 ft
12.6.2 25-40 ft
12.6.3 > 40 ft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Liquefied Natural Gas Container Market Size Forecast by Applications
12.10.1 Marine Transportation
12.10.2 Land Transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Liquefied Natural Gas Container Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquefied Natural Gas Container Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Liquefied Natural Gas Container Market Size Forecast by Type
13.6.1 < 25 ft
13.6.2 25-40 ft
13.6.3 > 40 ft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Liquefied Natural Gas Container Market Size Forecast by Applications
13.10.1 Marine Transportation
13.10.2 Land Transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liquefied Natural Gas Container Market: Competitive Dashboard
14.2 Global Liquefied Natural Gas Container Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CIMC
14.3.2 Rootselaar Group
14.3.3 FURUISE
14.3.4 Uralcryomash
14.3.5 UBH International
14.3.6 M1 Engineering
14.3.7 Air Water Plant & Engineering
14.3.8 LUXI Group
14.3.9 Corban Energy Group
14.3.10 Bewellcn Shanghai
14.3.11 CIMC