Global SSLNG Liquefaction Plant Market Outlook to 2024: A $219.6 Million Opportunity - ResearchAndMarkets.com
The "Global SSLNG Liquefaction Plant Market By Capacity (Up to 0.16 MTPA, 0.17 - 0.33 MTPA, 0.34 - 0.65 MTPA, 0.66 - 1 MTPA) By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa), Forecast & Opportunities, 2014 - 2024" report has been added to ResearchAndMarkets.com's offering.
The global SSLNG liquefaction plant market stood at $142.2 million in 2018 and is projected to grow at a CAGR of around 7.2% to reach $219.6 million by 2024, on account of growing LNG liquefaction plant capacities, incremental benefits of using natural gas compared with other fuels.
Moreover, government initiatives of different countries across the world to reduce carbon footprint to maintain environmental sustainability are further expected to boost the demand for the global SSLNG liquefaction plant market. The Asia-Pacific region is the major demand generating region for SSLNG Liquefaction plant market globally, followed by Europe and Middle East & Africa.
Some of the major players operating in SSLNG liquefaction plant market are Wartsila Corporation & Chart Industries, Linde AG, Air Products & Chemicals Ltd., General Electric, Chiyoda Corporation, Honeywell International Inc, Kosan Crisplant (MAKEEN Energy), etc.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-202....