Asia-Pacific Small Scale Liquefied Natural Gas (LNG) Market by Application, Technology, Type, CAGR and Key Players
The Asia-Pacific Small Scale Liquefied Natural Gas (LNG) Market Growth Globally at a rate of 14.30 % in the forecast period 2022 to 2029.
Small-scale
liquefied natural gas (LNG) refers to liquefied natural gas that is processed
in industrial units with limited capacity. The gas is transformed into an
odorless and colorless liquid that can be re-gasified for numerous uses after
being cooled to extremely low temperatures. Small-scale LNG is more
environmentally benign than oil and diesel, and it is commonly used to meet
off-grid power generation needs in isolated industrial and residential
complexes. In addition, it is widely employed in the industrial, commercial,
and residential sectors as a transportation fuel, an industrial feedstock, and
for heating.
Some of the major
players operating in the Asia-Pacific Small Scale Liquefied Natural Gas (LNG)
Market are:
·
Gazprom
(Russia)
·
Engie
(France)
·
Honeywell
International Inc. (U.S.)
·
Wärtsilä
(Finland)
·
Linde
plc (Germany)
·
Gasum
Ltd., (Norway)
·
IHI
Corporation (Japan)
·
Excelerate
Energy L.P (U.S)
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