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LNG Carrier Containment Trends and Forecast
The future of the global LNG carrier containment market looks promising with opportunities in the membrane type and moss type markets. The global LNG carrier containment market is expected to reach an estimated $15.6 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing advancements and improvements in LNG carrier confinement and growing population-related need for LNG as a fuel source.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
LNG Carrier Containment by Segment
The study includes a forecast for the global LNG carrier containment by carrier type, propulsion type, capacity, and region.
LNG Carrier Containment Market by Carrier Type [Shipment Analysis by Value from 2018 to 2030]:
• Membrane Type
• Moss Type
LNG Carrier Containment Market by Propulsion Type [Shipment Analysis by Value from 2018 to 2030]:
• Steam Turbine
• Steam Reheat
• ME-GI
• DFDE
• Others
LNG Carrier Containment Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:
• 30,000 To 1,24,999 Cubic Meters
• 1,25,000 To 1,49,999 Cubic Meters
• 1,50,000 To 1,80,000 Cubic Meters
• Above 1,80,000 Cubic Meters
LNG Carrier Containment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of LNG Carrier Containment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LNG carrier containment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LNG carrier containment companies profiled in this report include-
• Mitsui
• NYK Line
• MISC Berhad
• BW Gas
• Hudong-Zhonghua Shipbuilding
• Gaztransport & Technigaz
• Teekay LNG Partners
• GasLog
• Dynagas LNG Partners
• Kawasaki Heavy Industries
LNG Carrier Containment Market Insights
Lucintel forecasts that steam turbine is expected to witness the highest growth over the forecast period due to generating mechanical power efficiently for ship propulsion through steam-produced rotation.
Within this market, membrane type will remain the largest segment due to elevated capacity and enhanced visibility.
APAC will remain the largest region over the forecast period due to surge in natural gas demand is a result of swift industrial expansion.
Features of the Global LNG Carrier Containment Market
Market Size Estimates: LNG carrier containment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: LNG carrier containment market size by carrier type, propulsion type, capacity, and region in terms of value ($B).
Regional Analysis: LNG carrier containment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different carrier type, propulsion type, capacity, and regions for the LNG carrier containment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LNG carrier containment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the LNG carrier containment market size?
Answer: The global LNG carrier containment market is expected to reach an estimated $15.6 billion by 2030.
Q2. What is the growth forecast for LNG carrier containment market?
Answer: The global LNG carrier containment market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the LNG carrier containment market?
Answer: The major drivers for this market are increasing advancements and improvements in LNG carrier confinement and growing population-related need for LNG as a fuel source.
Q4. What are the major segments for LNG carrier containment market?
Answer: The future of the LNG carrier containment market looks promising with opportunities in the membrane type and moss type markets.
Q5. Who are the key LNG carrier containment market companies?
Answer: Some of the key LNG carrier containment companies are as follows:
• Mitsui
• NYK Line
• MISC Berhad
• BW Gas
• Hudong-Zhonghua Shipbuilding
• Gaztransport & Technigaz
• Teekay LNG Partners
• GasLog
• Dynagas LNG Partners
• Kawasaki Heavy Industries
Q6. Which LNG carrier containment market segment will be the largest in future?
Answer: Lucintel forecasts that steam turbine is expected to witness the highest growth over the forecast period due to generating mechanical power efficiently for ship propulsion through steam-produced rotation.
Q7. In LNG carrier containment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to surge in natural gas demand is a result of swift industrial expansion.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the LNG carrier containment market by carrier type (membrane type and moss type), propulsion type (steam turbine, steam reheat, ME-GI, DFDE, and others), capacity (30,000 to 1,24,999 cubic meters, 1,25,000 to 1,49,999 cubic meters, 1,50,000 to 1,80,000 cubic meters, and above 1,80,000 cubic meters), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Lng Carrier Containment Market, Lng Carrier Containment Market Size, Lng Carrier Containment Market Growth, Lng Carrier Containment Market Analysis, Lng Carrier Containment Market Report, Lng Carrier Containment Market Share, Lng Carrier Containment Market Trends, Lng Carrier Containment Market Forecast, Lng Carrier Containment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global LNG Carrier Containment Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global LNG Carrier Containment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global LNG Carrier Containment Market by Carrier Type
3.3.1: Membrane Type
3.3.2: Moss Type
3.4: Global LNG Carrier Containment Market by Propulsion Type
3.4.1: Steam Turbine
3.4.2: Steam Reheat
3.4.3: ME-GI
3.4.4: DFDE
3.4.5: Others
3.5: Global LNG Carrier Containment Market by Capacity
3.5.1: 30,000 to 1,24,999 Cubic Meters
3.5.2: 1,25,000 to 1,49,999 Cubic Meters
3.5.3: 1,50,000 to 1,80,000 Cubic Meters
3.5.4: Above 1,80,000 Cubic Meters
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global LNG Carrier Containment Market by Region
4.2: North American LNG Carrier Containment Market
4.2.2: North American LNG Carrier Containment Market by Propulsion Type: Steam Turbine, Steam Reheat, ME-GI, DFDE, and Others
4.3: European LNG Carrier Containment Market
4.3.1: European LNG Carrier Containment Market by Carrier Type: Membrane Type and Moss Type
4.3.2: European LNG Carrier Containment Market by Propulsion Type: Steam Turbine, Steam Reheat, ME-GI, DFDE, and Others
4.4: APAC LNG Carrier Containment Market
4.4.1: APAC LNG Carrier Containment Market by Carrier Type: Membrane Type and Moss Type
4.4.2: APAC LNG Carrier Containment Market by Propulsion Type: Steam Turbine, Steam Reheat, ME-GI, DFDE, and Others
4.5: ROW LNG Carrier Containment Market
4.5.1: ROW LNG Carrier Containment Market by Carrier Type: Membrane Type and Moss Type
4.5.2: ROW LNG Carrier Containment Market by Propulsion Type: Steam Turbine, Steam Reheat, ME-GI, DFDE, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global LNG Carrier Containment Market by Carrier Type
6.1.2: Growth Opportunities for the Global LNG Carrier Containment Market by Propulsion Type
6.1.3: Growth Opportunities for the Global LNG Carrier Containment Market by Capacity
6.1.4: Growth Opportunities for the Global LNG Carrier Containment Market by Region
6.2: Emerging Trends in the Global LNG Carrier Containment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global LNG Carrier Containment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global LNG Carrier Containment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Mitsui
7.2: NYK Line
7.3: MISC Berhad
7.4: BW Gas
7.5: Hudong-Zhonghua Shipbuilding
7.6: Gaztransport & Technigaz
7.7: Teekay LNG Partners
7.8: GasLog
7.9: Dynagas LNG Partners
7.10: Kawasaki Heavy Industries
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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