Small Scale Liquefied natural gas (SSLNG) Market

HYDERABAD, India - Oct. 19, 2021 - PRLog -- The development of small-scale LNG (SSLNG) is strongly guided by global policies, targeting GHG emissions and the increase of sustainability in the transport sector, particularly heavy road transport. Increasing natural gas requirement from remote-located off-grid consumers, lack of pipeline infrastructure, lower capital expenditure, shorter commissioning schedules and faster return on investment is further stimulating growth in SSLNG market.

SSLNG development is dependent of complete supply chain which includes production, processing and transporting, but the logistics chain is still nascent, which leaves very little room for profits for SSLNG markets.

The demand for SSLNG is projected to reach at 95 million tons by 2030 and Asia Pacific Region, particularly China will be major contributor to the market share followed by Europe and North America.

Recent Developments

In August 2020, Uniper SE, leading International Energy Company along with Wipro has created the block chain trading platform to address the complexity of the European SSLNG market.

North America is expected to witness highest global SSLNG capacity additions by 2024, as twenty six new small scale terminals are under construction.

Blackridge Research's Global SSLNG Market report provides deep insights into the market's current and future growth outlook. The study offers a detailed analysis of various factors instrumental in affecting the SSLNG market growth.

The report also addresses present and future market opportunities, market trends, developments, SSLNG transportation trends, charter rate, orderbook analysis, important commercial developments, regions, and segments poised for the fastest-growth, competitive landscape, and impact of Covid-19 on the SSLNG market. Further, the SSLNG market size, demand forecast, and growth rates will also be provided in the report.

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