Kenneth Research, in its repository of market research reports, has recently added a report on LNG Carrier Containment Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The LNG Carrier Containment Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for LNG Carrier Containment Market products.
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A report on LNG Carrier Containment Market has been added by Kenneth Research into its market research repository. The report provides an extensive analysis of the market by determining the relationship between the dependent and independent variables through correlation and regression for the forecast period, i.e., 2021 2025. The report on LNG Carrier Containment Market further provides the supply and demand risks associated with the growth of the market, and consists of macro-economic indicators that are contributing to the market growth. The market is thriving on account of the growing trade on fuel worldwide, backed by the rising demand for energy from the end-users.
According to the statistics by the World Bank, exports of fuel increased from 12.91% of merchandise exports in 2001 to 14.25% of merchandise exports in 2018. Additionally, imports of fuel registered a growth by 1.28x between the years 2001 and 2018. In 2001, the import of fuel was 10.30% of merchandise exports whereas in 2018, it was 13.19% of merchandise exports. On the other hand, the increasing focus of the players in the energy and power industry to lower their cost of operations so as to enhance their profitability, is also anticipated to contribute to the market growth. The natural gas rents, which is defined as the difference between the total cost of production of natural gas and the production value at world prices, decreased significantly from 0.40% of GDP in 2001 to 0.18% of GDP in 2017. Alternatively, the oil rents, which increased from 1.09% of GDP in 2001 to 1.30% of GDP in 2019, portrays the need amongst the players to enhance their focus in reducing the cost of production of oil.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global LNG Carrier Containment Market. The Global LNG Carrier Containment market has been analysed By Carrier Type (Moss Type, Membrane Type), By Propulsion Type(Steam Reheat, ME-GI, DFDE, SSD Steam, TFDE, XDF, Others), By Capacity (30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm). The Global LNG Carrier Containment market has been analysed By Region (Americas, Europe, APAC, ROW) and By Country (United States, Bermuda, Greece, Norway, United Kingdom, China, Japan, Malaysia, South Korea, Qatar) for the historical period of 2014-2018 and the forecast period of 2019-2024.
According to Azoth Analytics research report “Global LNG Carrier Containment Market – Analysis By Carrier Type (Moss, Membrane), By Propulsion Type (Steam Reheat, ME-GI, DFDE, SSD, Steam, XDF, TFDE, Others), By Capacity (30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) – By Region (Americas, Europe, APAC, ROW), By Country (United States, Bermuda, Greece, Norway, United Kingdom, China, Japan, Malaysia, South Korea, Qatar)”, Global LNG Carrier Containment market is likely to witness significant growth over the forecast period owing to growing manufacturing sectors, increasing customer demands, technological innovations and growing economy.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Asia Pacific LNG Carrier Containment market is projected to display growth represented by a CAGR of over 2.30% during 2019 – 2024, primarily driven by growing economy and establishment of manufacturing facilities as well as surging government regulations for the use of cleaner fuel. South Korea and China are the biggest market in the current period and expected to be followed by Japan in forecast period. Market of LNG Carrier Containment is driven by rapid price reductions and growing customer demands for increased functionality.
The report titled “Global LNG Carrier Containment Market – Analysis By Carrier Type (Moss, Membrane), By Propulsion Type (Steam Reheat, ME-GI, DFDE, SSD, Steam, XDF, TFDE, Others), By Capacity (30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) – By Region (Americas, Europe, APAC, ROW), By Country (United States, Bermuda, Greece, Norway, United Kingdom, China, Japan, Malaysia, South Korea, Qatar)” has covered and analysed the potential of Global LNG Carrier Containment Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation.
Scope of the Report
Global LNG Carrier Containment Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global LNG Carrier Containment Market (Value) – Size, Growth, Forecast
• Analysis By Carrier Type – Moss Type, Membrane Type
• By Propulsion Type – Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
• By Capacity – 30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm
Regional Analysis – Americas, Europe, Asia Pacific, ROW (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global LNG Carrier Containment Market (Value) – Size, Growth, Forecast
• Analysis By Carrier Type – Moss Type, Membrane Type
• By Propulsion Type – Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
• By Capacity – 30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm
Country Analysis – United States, Bermuda, Greece, Norway, United Kingdom, China, Japan, Malaysia, South Korea, Qatar (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global LNG Carrier Containment Market (Value) – Size, Growth, Forecast
• Analysis By Carrier Type – Moss Type, Membrane Type
• By Propulsion Type – Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
• By Capacity – 30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm
Other Report Highlights:
• Global Trade Analysis
• SWOT Analysis
• Market Dynamics – Drivers and Restraints
• Market Trends
• Porter Five Force Analysis
• Policy and Regulatory Landscape
• Competitive Landscape
• Company Analysis – Nakilat, Gaztransport & Technigaz (GTT), Mitsui O.S.K Lines (MOL), Teekay LNG Partners L.P., NYK Line, Gaslog Ltd, MISC Berhad, Dynagas LNG Partners LP, BW Gas, Golar LNG.
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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