A report on LNG Market was added by Kenneth Research which covers the market size and growth over a span of 8 years, i.e., over the forecast period 2020-2028. The market study involves analysis of the product demand and market on the basis of various factors and through a number of analytical tools.

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 Market products.

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According to Azoth Analytics research report “Global LNG Market (Value, Volume) – Analysis By Liquefaction Technology (AP-C3MR, AP-C3MR/Split MR AP-X, APC-OTHER, Shell Proprietary, CASCADE, Linde MFC, Others), By End User Application (Transportation, Industry, Commercial, Residential, Others), By Region, By Country (2019 Edition): Opportunities and Forecast (2013-2023)”, gobal LNG market is likely to witness significant growth over the forecast period owing to rising demand of electricity and increasing awareness of natural gas potential to alleviate pollution, reduce carbon emission and provide energy access.

Asia Pacific LNG market is projected to display a growth represented by a CAGR of over 8.40% during 2018 – 2023, primarily driven by growing economy and establishment of manufacturing facilities. China and India are the biggest market in the current period and expected to be followed by Japan, South Korea in forecast period. Market of LNG is driven by rapid price reductions and growing customer demands for increased functionality.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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The report titled “Global LNG Market (Value, Volume) – Analysis By Liquefaction Technology (AP-C3MR, AP-C3MR/Split MR AP-X, APC-OTHER, Shell Proprietary, CASCADE, Linde MFC, Others), By End User Application (Transportation, Industry, Commercial, Residential, Others), By Region, By Country (2019 Edition): Opportunities and Forecast (2013-2023)” has covered and analysed the potential of Global LNG 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 Market (Actual Period: 2017, Forecast Period: 2018-2023)
• Global LNG Market (Value, Volume) – Size, Growth, Forecast
• Analysis By Liquefaction Technology – AP-C3MR, AP-C3MR/Split MR AP-X, APC-OTHER, Shell Proprietary, CASCADE, Linde MFC, Others
• By End User Application – Transportation, Industry, Commercial, Residential, Others

Regional Analysis – Americas, Europe, Asia Pacific, iddle East & Africa (Actual Period: 2017, Forecast Period: 2018-2023)
• Global LNG Market (Value, Volume) – Size, Growth, Forecast
• Analysis By Liquefaction Technology – AP-C3MR, AP-C3MR/Split MR AP-X, APC-OTHER, Shell Proprietary, CASCADE, Linde MFC, Others
• By End User Application – Transportation, Industry, Commercial, Residential, Others

Country Analysis – India, Japan, China, South Korea, United States, Canada, Mexico, Argentina, Spain, Italy, Turkey, France
• Global LNG Market (Value, Volume) – Size, Growth, Forecast
• Analysis By Liquefaction Technology – AP-C3MR, AP-C3MR/Split MR AP-X, APC-OTHER, Shell Proprietary, CASCADE, Linde MFC, Others
• By End User Application – Transportation, Industry, Commercial, Residential, Others

Other Report Highlights:
• Global Trade Analysis
• Market Share Analysis
• SWOT Analysis
• Market Dynamics – Drivers and Restraints
• Market Trends
• Porter Five Force Analysis
• Policy and Regulatory Landscape
• Competitive Landscape
• Company Analysis – Gazprom, Chevron, ExxonMobil, Total, Qatargas, Royal Dutch Shell, BP, Engie, Equinor, ConocoPhillips

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.

About Kenneth Research:

Kenneth Research is a multi-client market research database that aims at providing reports that help industry professionals including various individuals and organizations to identify the market trends and scope, thereby making it easier for them to take decisions and form strategies after complete assessment of the market. The various industries catered by the company include healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence and several others. Being a global market research reselling firm, Kenneth Research provides strategic business consultancy services at a global level and offers a single platform for the best market research reports.

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