Abstract, Snapshot, Market Analysis & Market Definition: LNG Filling Stations Market
Natural gas is a major source of energy. Liquefied natural gas or LNG is natural gas that has been converted to a liquid form for the ease of storage or transport by cooling natural gas to approximately 162 °C. Afterwards, it is stored at essentially atmospheric pressure. Liquefied natural gas takes up about one six hundredth the volume of natural gas in the gaseous state. It is odourless, colourless, non-toxic and non-corrosive.
LNG, or liquefied natural gas, is natural gas that is cooled to -260° Fahrenheit until it becomes a liquid and then stored at essentially atmospheric pressure. Converting natural gas to LNG, a process that reduces its volume by about 600 times - similar to reducing the volume of a beach ball to the volume of a ping-pong ball - allows it to be transported internationally via cargo ships.
A LNG filling station is a facility which sells LNG to vehicles. Liquefied natural gas filling stations rely on bulk delivery of fuel via tanker trucks similar to the way in which gasoline and diesel are delivered to filling stations. As LNG needs to be stored at -160 Celsius in order to stay in a liquid state, the fuel is delivered to the station site and stored in a special insulated cryogenic tank. The fuel is pumped from the storage tank and dispensed in a way that is similar to liquid fuels. As LNG dispensers operate at cryogenic temperatures, training is needed in order to dispense the fuel safely. Protective gloves and face shields must also be worn by personnel.
LNG Filling Stations consist of LNG tank, pump skid and submersible pump, booster truck carburetor, carburetor, EAG heater (the three carburetor will change with different processing,), plus liquid machine etc.
The Blue Corridors project's aim is to establish LNG as a real alternative for medium & long distance transport - first as a complementary fuel and later as an adequate substitute for diesel.
Up to now the common use of gas as fuel was for heavy vehicles running on Natural Gas (NG) only for municipal use, urban buses and garbage collection trucks. In both types of application engine performance and autonomy are good with present technologies, being well adapted to this alternative and cleaner fuel.
In 2019, the market size of LNG Filling Stations is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LNG Filling Stations.
This report studies the global market size of LNG Filling Stations, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the LNG Filling Stations production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: LNG Filling Stations Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Mobile Station
Permanent Station
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Vehicle
Ship
Key Players, Recent Developments & Sector Viewpoints: LNG Filling Stations Market
Kunlun Energy
CNOOC
ENN Energy Holding
Guanghui
Sinopec
Cryostar
Engie
FortisBC
Key Insights Covered: Exhaustive LNG Filling Stations Market
1. Market size (sales, revenue and growth rate) of LNG Filling Stations industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of LNG Filling Stations industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of LNG Filling Stations industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of LNG Filling Stations industry.
Research Methodology: LNG Filling Stations Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.