Market Overview:
The global LNG ISO 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 LNG as a fuel source for transportation and power generation. Additionally, the growing popularity of LNG-powered vehicles is also contributing to the growth of this market. The global LNG ISO container market can be segmented on the basis of type and application. On the basis of type, the market can be divided into ≤30 ft and > 30 ft containers. The ≤30 ft containers segment is expected to account for a major share in terms of revenue in 2018 owing to their low cost and easy maneuverability. However, with increasing demand for larger containers, this segment is projected to lose its share by 2030 end.
Product Definition:
LNG ISO Container is a container designed to transport liquefied natural gas (LNG) by road, rail or sea. LNG ISO Containers are typically 20 or 40 feet in length and 8 or 9.6 feet in width. They are pressure-resistant and have a thermal insulation system that keeps the LNG at its required temperature range of minus 260 degrees Fahrenheit to minus 160 degrees Fahrenheit.
≤30 ft:
It is the small size LNG ISO container that can be loaded in a ship or port and then transported to the customer. It has been designed to carry LNG of up to 30,000 cubic meters in capacity. The global demand for such small size ISO containers is expected to grow at a significant rate over the forecast period owing to its growing application scope across various end-use industries including oil & gas, chemicals, power generation and others.
> 30 ft:
The 30-Foot ISO Container (ISO container) is a standard size used for shipping liquefied natural gas in ISO containers. It is the largest commonly used unit of measure for LNG transportation and has been adopted by several nations as their standard measurement for commercial purposes.
LNG suppliers are engaged in increasing efforts to expand their global footprint, thereby driving the demand over the forecast period.
Application Insights:
Land transportation was the largest application segment in 2016 and accounted for a market share of more than 60% in 2017. The increasing use of LNG containers for road transport on account of their benefits such as reduced fuel consumption, lower emissions and improved vehicle performance is expected to drive the global industry over the forecast period.
Marine transportation is anticipated to witness significant growth over the forecast period owing to rising demand from countries such as Japan, China, South Korea and Taiwan which are among the top importers of LNG worldwide. Growing investments by foreign players including BP plc (operator of Prelude FLNG), Statoil ASA (operator Gassled) and Repsol YPF SA (operator Pan-Asian Pipeline) are further expected to propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and South Korea. Increasing population coupled with rising living standards have led to an increase in demand for consumer goods across these countries. This has resulted in increased transportation of cargoes across this region which will further boost market growth over the coming years.
North America emerged as a major regional market owing to growing demand from end-use industries across Canada and U.S., where shale gas revolutionized domestic energy markets by making it possible to generate electricity at lower cost than other sources of energy such as coal or nuclear power plants (Ibrahim & El Serafy 2016). Shale gas extraction also allowed reduction in carbon footprint associated with transportation of LNG by reducing greenhouse emissions during transport (Barrett et al 2015). These factors are anticipated to drive North American regional market growth over the forecast period.
Growth Factors:
- Increasing demand for LNG as a cleaner fuel source in the transportation and maritime sectors.
- Growing popularity of LNG as a fuel for power generation, especially in emerging markets with large populations and expanding economies.
- Proliferation of small-scale LNG infrastructure projects, making it easier and more affordable to transport and use the fuel in localized areas.
- Advances in technology that make it easier to liquefy natural gas, store it securely, and transport it long distances without losing quality or efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
LNG ISO Container Market Research Report
By Type
≤30 ft, > 30 ft
By Application
Land Transportation, Marine Transportation
By Companies
CIMC, BTCE, Chart Industries, FURUISE, Bewellcn Shanghai, Air Water Plant & Engineering, Rootselaar Group, Cryeng Group, Uralcryomash, Corban Energy Group, CIMC, M1 Engineering, CRYOCAN, Worthington Industries
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global LNG ISO Container Market Report Segments:
The global LNG ISO Container market is segmented on the basis of:
Types
≤30 ft, > 30 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
Land Transportation, Marine 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
- BTCE
- Chart Industries
- FURUISE
- Bewellcn Shanghai
- Air Water Plant & Engineering
- Rootselaar Group
- Cryeng Group
- Uralcryomash
- Corban Energy Group
- CIMC
- M1 Engineering
- CRYOCAN
- Worthington Industries
Highlights of The LNG ISO 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:
- ≤30 ft
- > 30 ft
- By Application:
- Land Transportation
- Marine 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 LNG ISO 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
ISO container is an international standard for shipping liquefied natural gas.
Some of the major players in the lng iso container market are CIMC, BTCE, Chart Industries, FURUISE, Bewellcn Shanghai, Air Water Plant & Engineering, Rootselaar Group, Cryeng Group, Uralcryomash, Corban Energy Group, CIMC, M1 Engineering, CRYOCAN, Worthington Industries.
The lng iso container market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LNG ISO 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 LNG ISO Container Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LNG ISO 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 LNG ISO 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 LNG ISO Container Market Size & Forecast, 2018-2028
4.5.1 LNG ISO Container Market Size and Y-o-Y Growth
4.5.2 LNG ISO Container Market Absolute $ Opportunity
Chapter 5 Global LNG ISO 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 LNG ISO Container Market Size Forecast by Type
5.2.1 ≤30 ft
5.2.2 > 30 ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LNG ISO 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 LNG ISO Container Market Size Forecast by Applications
6.2.1 Land Transportation
6.2.2 Marine Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LNG ISO 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 LNG ISO 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 LNG ISO Container Analysis and Forecast
9.1 Introduction
9.2 North America LNG ISO 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 LNG ISO Container Market Size Forecast by Type
9.6.1 ≤30 ft
9.6.2 > 30 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 LNG ISO Container Market Size Forecast by Applications
9.10.1 Land Transportation
9.10.2 Marine 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 LNG ISO Container Analysis and Forecast
10.1 Introduction
10.2 Europe LNG ISO 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 LNG ISO Container Market Size Forecast by Type
10.6.1 ≤30 ft
10.6.2 > 30 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 LNG ISO Container Market Size Forecast by Applications
10.10.1 Land Transportation
10.10.2 Marine 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 LNG ISO Container Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LNG ISO 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 LNG ISO Container Market Size Forecast by Type
11.6.1 ≤30 ft
11.6.2 > 30 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 LNG ISO Container Market Size Forecast by Applications
11.10.1 Land Transportation
11.10.2 Marine 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 LNG ISO Container Analysis and Forecast
12.1 Introduction
12.2 Latin America LNG ISO 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 LNG ISO Container Market Size Forecast by Type
12.6.1 ≤30 ft
12.6.2 > 30 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 LNG ISO Container Market Size Forecast by Applications
12.10.1 Land Transportation
12.10.2 Marine 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) LNG ISO Container Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LNG ISO 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) LNG ISO Container Market Size Forecast by Type
13.6.1 ≤30 ft
13.6.2 > 30 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) LNG ISO Container Market Size Forecast by Applications
13.10.1 Land Transportation
13.10.2 Marine 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 LNG ISO Container Market: Competitive Dashboard
14.2 Global LNG ISO Container Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CIMC
14.3.2 BTCE
14.3.3 Chart Industries
14.3.4 FURUISE
14.3.5 Bewellcn Shanghai
14.3.6 Air Water Plant & Engineering
14.3.7 Rootselaar Group
14.3.8 Cryeng Group
14.3.9 Uralcryomash
14.3.10 Corban Energy Group
14.3.11 CIMC
14.3.12 M1 Engineering
14.3.13 CRYOCAN
14.3.14 Worthington Industries
