Market Overview:
The global LNG liquefaction low temperature pump market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for LNG across the globe. Additionally, the growing investments in LNG infrastructure are also contributing to the growth of the market. The centrifugal pump segment is expected to dominate the global LNG liquefaction low temperature pump market during the forecast period. This segment is anticipated to account for a majority share ofthe global market by 2030 owingto its high efficiency and reliability.
Product Definition:
LNG Liquefaction Low Temperature Pump is a device used to move liquefied natural gas (LNG) from one location to another. LNG must be kept at a very low temperature in order to remain in a liquid state, and the pump helps ensure that the gas is transported safely and efficiently.
Centrifugal Pump:
A centrifugal pump is a mechanical device used to move fluid. The working principle of centrifugal pumps is based on the rotation of an impeller which causes the fluid to be moved from one place to another with greater force and velocity. Centrifugal pumps are widely used in various industries such as chemical, oil & gas, power generation, food & beverage and mining among others owing to their ability to handle high viscosity fluids with ease at low temperatures.
Reciprocating Pump:
Reciprocating pumps are used in LNG liquefaction low temperature applications. They are widely used for transferring fluids at high pressure and low temperatures. These equipment have a capacity between 0 - 100 bar, with the working range being from 10-90 bar. The main function of these equipment is to move liquid without any substantial change in its properties such as volume or density (aside from the fact that it would be colder).
Application Insights:
The global demand for LNG has witnessed a paradigm shift due to rising awareness regarding environment protection and energy security. Governments across the world are promoting the use of natural gas as an alternative fuel with an aim to reducing carbon emissions. This is expected to drive the market over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has emerged as a major exporter of LNG with several projects under construction or development. China, Australia, India, South Korea and Indonesia are among the largest consumers of LNG globally. Asia Pacific is also projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing demand for cleaner burning fuels coupled with growing industrialization across emerging economies including China and India.
The European market was valued at USD X million in 2017 owing to rising demand for clean energy sources from countries such as Germany and U.K., which have mandated stringent measures against carbon emissions associated fuel types such as natural gas or coal based power plants under EU’s Clean Development Mechanism (CDM).
Growth Factors:
- Increasing demand for LNG in the transportation and power generation sectors
- Growing popularity of LNG as a cleaner fuel source compared to other traditional fuels
- Proliferation of liquefaction terminals and regasification facilities worldwide
- Technological advancements that have made liquefaction process more efficient and cost-effective
- Rising global energy prices, which are making LNG an increasingly attractive option for various industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
LNG Liquefaction Low Temperature Pump Market Research Report
By Type
Centrifugal Pump, Reciprocating Pump, Others
By Application
Small LNG Plants (<0.25 MTPA), Mid-Scale LNG Plants (0.25 to 2.0 MTPA), Large LNG Plants (>2.0 MTPA)
By Companies
Cryostar, Nikkiso, Fives, Liaoning CIMC Hashenleng gas liquefaction Equipment, Suzhou Oxygen Plant, Air Products and Chemicals, Linde Group, Cryostar
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global LNG Liquefaction Low Temperature Pump Market Report Segments:
The global LNG Liquefaction Low Temperature Pump market is segmented on the basis of:
Types
Centrifugal Pump, Reciprocating Pump, Others
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
Small LNG Plants (<0.25 MTPA), Mid-Scale LNG Plants (0.25 to 2.0 MTPA), Large LNG Plants (>2.0 MTPA)
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:
- Cryostar
- Nikkiso
- Fives
- Liaoning CIMC Hashenleng gas liquefaction Equipment
- Suzhou Oxygen Plant
- Air Products and Chemicals
- Linde Group
- Cryostar
Highlights of The LNG Liquefaction Low Temperature Pump 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:
- Centrifugal Pump
- Reciprocating Pump
- Others
- By Application:
- Small LNG Plants (<0.25 MTPA)
- Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
- Large LNG Plants (>2.0 MTPA)
- 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 Liquefaction Low Temperature Pump 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?
LNG Liquefaction Low Temperature Pump is a kind of equipment used to liquefy natural gas. It has the ability to liquefy at low temperatures, which makes it an ideal choice for applications where high purity gas is required.
Some of the major companies in the lng liquefaction low temperature pump market are Cryostar, Nikkiso, Fives, Liaoning CIMC Hashenleng gas liquefaction Equipment, Suzhou Oxygen Plant, Air Products and Chemicals, Linde Group, Cryostar.
The lng liquefaction low temperature pump 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 LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size & Forecast, 2018-2028
4.5.1 LNG Liquefaction Low Temperature Pump Market Size and Y-o-Y Growth
4.5.2 LNG Liquefaction Low Temperature Pump Market Absolute $ Opportunity
Chapter 5 Global LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Type
5.2.1 Centrifugal Pump
5.2.2 Reciprocating Pump
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Applications
6.2.1 Small LNG Plants (<0.25 MTPA)
6.2.2 Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
6.2.3 Large LNG Plants (>2.0 MTPA)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Analysis and Forecast
9.1 Introduction
9.2 North America LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Type
9.6.1 Centrifugal Pump
9.6.2 Reciprocating Pump
9.6.3 Others
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 Liquefaction Low Temperature Pump Market Size Forecast by Applications
9.10.1 Small LNG Plants (<0.25 MTPA)
9.10.2 Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
9.10.3 Large LNG Plants (>2.0 MTPA)
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 Liquefaction Low Temperature Pump Analysis and Forecast
10.1 Introduction
10.2 Europe LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Type
10.6.1 Centrifugal Pump
10.6.2 Reciprocating Pump
10.6.3 Others
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 Liquefaction Low Temperature Pump Market Size Forecast by Applications
10.10.1 Small LNG Plants (<0.25 MTPA)
10.10.2 Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
10.10.3 Large LNG Plants (>2.0 MTPA)
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 Liquefaction Low Temperature Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Type
11.6.1 Centrifugal Pump
11.6.2 Reciprocating Pump
11.6.3 Others
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 Liquefaction Low Temperature Pump Market Size Forecast by Applications
11.10.1 Small LNG Plants (<0.25 MTPA)
11.10.2 Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
11.10.3 Large LNG Plants (>2.0 MTPA)
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 Liquefaction Low Temperature Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Type
12.6.1 Centrifugal Pump
12.6.2 Reciprocating Pump
12.6.3 Others
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 Liquefaction Low Temperature Pump Market Size Forecast by Applications
12.10.1 Small LNG Plants (<0.25 MTPA)
12.10.2 Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
12.10.3 Large LNG Plants (>2.0 MTPA)
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 Liquefaction Low Temperature Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LNG Liquefaction Low Temperature Pump 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 Liquefaction Low Temperature Pump Market Size Forecast by Type
13.6.1 Centrifugal Pump
13.6.2 Reciprocating Pump
13.6.3 Others
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 Liquefaction Low Temperature Pump Market Size Forecast by Applications
13.10.1 Small LNG Plants (<0.25 MTPA)
13.10.2 Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
13.10.3 Large LNG Plants (>2.0 MTPA)
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 Liquefaction Low Temperature Pump Market: Competitive Dashboard
14.2 Global LNG Liquefaction Low Temperature Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cryostar
14.3.2 Nikkiso
14.3.3 Fives
14.3.4 Liaoning CIMC Hashenleng gas liquefaction Equipment
14.3.5 Suzhou Oxygen Plant
14.3.6 Air Products and Chemicals
14.3.7 Linde Group
14.3.8 Cryostar
