Market Overview:
The global LNG receiving terminal market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for LNG as a fuel source and the growing number of LNG receiving terminals across the globe. The global LNG receiving terminal market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into onshore storage and floating storage. Onshore storage accounted for a larger share of the global LNG receiving terminal market in 2017 owing to its advantages such as easy land availability and low-cost construction. However, with an increase in demand for floating storage terminals due to their ability to handle large capacities, this segment is expected to grow at a higher CAGR during forecast period. On the basis of application, commercial accounted for majority share in 2017 owing high usage rates across various industries such as transportation & logistics; food & beverage; chemicals; metals & mining; oil & gas; power generation among others. Industrial was second largest application segment followed by residential applications segments respectively in 2017 .However ,with rising awareness about environmental benefits offered by natural gas over other conventional fuels such as petrol or diesel fuel ,the residential sector is projected register highest CAGR during forecast period .
Product Definition:
A receiving terminal for LNG is a facility where natural gas is unloaded from ships and transferred to pipelines or other storage facilities. The importance of LNG receiving terminals lies in their ability to provide a large, stable supply of natural gas to consumers.
Onshore Storage:
Onshore storage is a facility where gas is stored on-site in the form of tanks, cylinders or liquid. The facility can be owned by an individual or company and used as a service to store gas for future use. Onshore storage has become an important aspect of LNG receiving terminals owing to the growing demand for liquefied natural gas (LNG).
Floating Storage:
Floating storage is a facility where there is an on-site presence of tanks or vessels that are used to store liquid petroleum gas (LPG) for offloading into production facilities. The floating storage system market size was valued at USD 1,Bn in 2016 and it is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The global LNG receiving terminal market has been segmented on the basis of application into commercial, industrial and residential. The commercial segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. Growing demand for natural gas as a fuel from various industries including power generation, steel manufacturing, automotive and heating & cooling is expected to drive growth over the forecast period.
Increasing use of LNG as an energy source in countries such as Japan, China and India owing to its cleaner combustion quality compared to that of conventional fossil fuels will further propel its demand in power generation applications across several industries globally thereby driving growth 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 a large number of receiving terminals, which are primarily concentrated in China, Indonesia, and Australia. The growing demand for natural gas as a fuel for power generation is expected to drive the regional market growth over the forecast period.
The European region accounted for 24% of global revenue share in 2017 owing to increasing imports of LNG from countries such as Russia and Norway. In addition, rising investments by various companies such as Shell Gas & Power (SGP) and Total S.A., coupled with new developments at existing terminals are anticipated to boost regional growth over the next eight years till 2030 time frame).
North America accounted for 18% share of total revenue in 2017 owing to high consumption levels coupled with stringent environmental regulations by U.
Growth Factors:
- Increasing demand for natural gas from various industrial and commercial sectors
- Rapid growth in the global LNG market
- Stringent environmental regulations for traditional fuel sources such as coal and oil
- Development of new LNG receiving terminals to meet the growing demand for natural gas
- Technological advancements in the field of liquefaction and storage of natural gas
Scope Of The Report
Report Attributes
Report Details
Report Title
LNG Receiving Terminal Market Research Report
By Type
Onshore Storage, Floating Storage
By Application
Commercial, Industrial, Residential
By Companies
Linde, Royal Dutch Shell, Exxon Mobil, Santos, Chevron, PETROLIAM NASIONAL BERHAD (PETRONAS), Equinor, ConocoPhillips Company, Gasum Oy, Rosneft, Nippon Gas
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global LNG Receiving Terminal Market Report Segments:
The global LNG Receiving Terminal market is segmented on the basis of:
Types
Onshore Storage, Floating Storage
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
Commercial, Industrial, Residential
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:
- Linde
- Royal Dutch Shell
- Exxon Mobil
- Santos
- Chevron
- PETROLIAM NASIONAL BERHAD (PETRONAS)
- Equinor
- ConocoPhillips Company
- Gasum Oy
- Rosneft
- Nippon Gas
Highlights of The LNG Receiving Terminal 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:
- Onshore Storage
- Floating Storage
- By Application:
- Commercial
- Industrial
- Residential
- 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 Receiving Terminal 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 receiving terminal is a facility that receives liquefied natural gas (LNG) from ships.
Some of the major companies in the lng receiving terminal market are Linde, Royal Dutch Shell, Exxon Mobil, Santos, Chevron, PETROLIAM NASIONAL BERHAD (PETRONAS), Equinor, ConocoPhillips Company, Gasum Oy, Rosneft, Nippon Gas.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LNG Receiving Terminal 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 Receiving Terminal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LNG Receiving Terminal 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 Receiving Terminal 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 Receiving Terminal Market Size & Forecast, 2018-2028
4.5.1 LNG Receiving Terminal Market Size and Y-o-Y Growth
4.5.2 LNG Receiving Terminal Market Absolute $ Opportunity
Chapter 5 Global LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Type
5.2.1 Onshore Storage
5.2.2 Floating Storage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LNG Receiving Terminal 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 Receiving Terminal 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 Receiving Terminal Analysis and Forecast
9.1 Introduction
9.2 North America LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Type
9.6.1 Onshore Storage
9.6.2 Floating Storage
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 Receiving Terminal Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
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 Receiving Terminal Analysis and Forecast
10.1 Introduction
10.2 Europe LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Type
10.6.1 Onshore Storage
10.6.2 Floating Storage
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 Receiving Terminal Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
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 Receiving Terminal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Type
11.6.1 Onshore Storage
11.6.2 Floating Storage
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 Receiving Terminal Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
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 Receiving Terminal Analysis and Forecast
12.1 Introduction
12.2 Latin America LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Type
12.6.1 Onshore Storage
12.6.2 Floating Storage
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 Receiving Terminal Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
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 Receiving Terminal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LNG Receiving Terminal 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 Receiving Terminal Market Size Forecast by Type
13.6.1 Onshore Storage
13.6.2 Floating Storage
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 Receiving Terminal Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
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 Receiving Terminal Market: Competitive Dashboard
14.2 Global LNG Receiving Terminal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde
14.3.2 Royal Dutch Shell
14.3.3 Exxon Mobil
14.3.4 Santos
14.3.5 Chevron
14.3.6 PETROLIAM NASIONAL BERHAD (PETRONAS)
14.3.7 Equinor
14.3.8 ConocoPhillips Company
14.3.9 Gasum Oy
14.3.10 Rosneft
14.3.11 Nippon Gas
