Liquefied Natural Gas Infrastructure Market

Liquefied Natural Gas (LNG) Infrastructure Market Segmentation By Terminal Type (Liquefaction and Regasification) and By Application (Heavy-duty Vehicles, Electric Power Generation, Marine Transport and Others) – Global Demand Analysis & Opportunity Outlook 2028

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Report ID: 2309 | Published On: Feb 01, 2022
  1. Introduction
    • Market Definition
    • Market Segmentation
    • Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology
  4. Research Process
    • Primary Research
    • Manufacturers
    • Distributors
    • End Users
    • Secondary Research
    • Market Size Estimation
  5. Executive Summary - Global Advanced Therapy Medicinal Products Market
  6. Analysis of Market Dynamics
  7. Drivers
  8. Trends
  9. Key Market Opportunities for Business Growth
  10. Major Roadblocks for the Market Growth
  11. Regulatory & Standard Landscape
  12. Value Chain Analysis
  13. Potential ATMP Treatment Analysis
  14. Pricing Analysis of Global Advanced Therapy Medicinal Products Market
  15. Use Case Analysis
  16. Pipeline Analysis
  17. Analysis on the Manufacturing Process
  18. Analysis of COVID-19 Impact on the Global Advanced Therapy Medicinal Products Market
  19. Analysis of End-User Market Share of Global Advanced Therapy Medicinal Products
  20. Competitive Positioning
  21. Competitive Landscape
  22. Market Share Analysis of Major Players (%), 2021
  23. Competitive Benchmarking
  24. Novartis AG.
  25. Takeda Pharmaceutical Company Limited
  26. Gilead Sciences, Inc.
  27. Bluebird Bio, Inc
  28. BioMarin Pharmaceutical Inc
  29. Vericel Corporation
  30. Mallinckrodt Pharmaceuticals
  31. UniQure N.V.
  32. JCR Pharmaceuticals Co., Ltd.
  33. Spark Therapeutics, Inc. (Parent Company: Roche)
  34. Kolon TissueGene, Inc.
  35. Global Advanced Therapy Medicinal Products Market Outlook
  36. By Value (USD million)
  37. By Product
  38. CAR-T Therapy, 2021-2031F (USD million)
  39. Gene Therapy, 2021-2031F (USD million)
  40. Cell Therapy, 2021-2031F (USD million)
  41. Tissue Engineered Product, 2021-2031F (USD million)
  42. By Disease
  43. Oncology, 2021-2031F (USD million)
  44. Genetic Disorders, 2021-2031F (USD million)
  45. CNS, 2021-2031F (USD million)
  46. Dermatology, 2021-2031F (USD million)
  47. Others, 2021-2031F (USD million)
  48. By End-User
  49. Hospitals & Clinics, 2021-2031F (USD million)
  50. Research & Academic Institutes, 2021-2031F (USD million)
  51. Global Advanced Therapy Medicinal Products Market by Region
  52. North America, 2021-2031F (USD million)
  53. Europe, 2021-2031F (USD million)
  54. Asia-Pacific, 2021-2031F (USD million)
  55. Latin America, 2021-2031F (USD million)
  56. Middle East & Africa, 2021-2031F (USD million)
  57. North America Advanced Therapy Medicinal Products Market Outlook
  58. By Value (USD million)
  59. By Product
  60. CAR-T Therapy, 2021-2031F (USD million
  61. Gene Therapy, 2021-2031F (USD million)
  62. Cell Therapy, 2021-2031F (USD million)
  63. Tissue Engineered Product, 2021-2031F (USD million)
  64. By Disease
  65. Oncology, 2021-2031F (USD million)
  66. Genetic Disorders, 2021-2031F (USD million)
  67. CNS, 2021-2031F (USD million)
  68. Dermatology, 2021-2031F (USD million)
  69. Others, 2021-2031F (USD million)
  70. By End-User
  71. Hospitals & Clinics, 2021-2031F (USD million)
  72. Research & Academic Institutes, 2021-2031F (USD million)
  73. By Country
  74. US, 2021-2031F (USD million)
  75. Canada, 2021-2031F (USD million)
  76. Europe Advanced Therapy Medicinal Products Market Outlook
  77. By Product
  78. By Disease
  79. By End User
  80. By Country
  81. UK, 2021-2031F (USD Million)
  82. Germany, 2021-2031F (USD Million)
  83. France, 2021-2031F (USD Million)
  84. Italy, 2021-2031F (USD Million)
  85. Spain, 2021-2031F (USD Million)
  86. Russia, 2021-2031F (USD Million)
  87. Netherlands, 2021-2031F (USD Million)
  88. Rest of Europe, 2021-2031F (USD Million)
  89. Asia Pacific Advanced Therapy Medicinal Products Market Outlook
  90. By Product
  91. By Disease
  92. By End User
  93. By Country
  94. China, 2021-2031F (USD Million)
  95. India, 2021-2031F (USD Million)
  96. Japan, 2021-2031F (USD Million)
  97. South Korea, 2021-2031F (USD Million)
  98. Singapore, 2021-2031F (USD Million)
  99. Australia, 2021-2031F (USD Million)
  100. Rest of Asia-Pacific, 2021-2031F (USD Million)
  101. Latin America Advanced Therapy Medicinal Products Market Outlook
  102. By Product
  103. By Disease
  104. By End User
  105. By Country
  106. Brazil, 2021-2031F (USD Million)
  107. Argentina, 2021-2031F (USD Million)
  108. Mexico, 2021-2031F (USD Million)
  109. Rest of Latin America, 2021-2031F (USD Million)
  110. Middle East & Africa Advanced Therapy Medicinal Products Market Outlook
  111. By Product
  112. By Disease
  113. By End User
  114. By Country
  115. GCC, 2021-2031F (USD Million)
  116. Israel, 2021-2031F (USD Million)
  117. South Africa, 2021-2031F (USD Million)
  118. Rest of Middle East & Africa, 2021-2031F (USD Million)

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Inflation and Looming Recession to Haunt Businesses:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


In The News

  • August 2019: Occidental Petroleum Corporation announced that the company has successfully completed the acquisition of Anadarko Petroleum Corporation which included a transaction worth USD 55 billion.
  • December 2019: Chevron Corporation announced that one of its subsidiaries, Chevron Australia Downstream Pty Ltd., has signed a conditional Share Sale Agreement with Puma Energy Asia Pacific B.V. for the acquisition of all shares and equity interests of Puma Energy (Australia) Holdings Pty Ltd. for an amount worth around USD 295.34 million.

Introduction to Liquefied Natural Gas (LNG) Infrastructure

Liquefied Natural Gas or LNG is referred to the liquid form of natural gas which has a predominant chemical composition of methane (CH4) and some mixture of ethane (C2H6). LNG is formed by cooling the natural gas. This is done for ease and safety of non-pressurized storage and transport of the natural gas. Liquid natural gas or LNG is colorless, odorless, non-toxic and non-corrosive in nature. A typical life cycle of the LNG includes pre-treatment of natural gas which is done to remove the impurities present, such as H2S, CO2, H2O and others. It is followed by the liquefaction process, which cools down the gas to its liquid form. This liquid form is then stored and transported further for delivery to end-users.

LNG-infrastructure-market

The development of basic physical and organizational structures for the production, operation, extraction and transportation of LNG is referred to the LNG infrastructure.

Market Size and Forecast

The global liquefied natural gas or LNG infrastructure market is thriving on the back of growing demand for clean fuel energy around the world coupled with the rising production of LNG and the need for the distribution of LNG as an energy source to end users around the globe. According to the International Energy Agency (IEA), total production of natural gas around the world increased from 126194778 Tera Joule (TJ) in the year 2010 to 147137783 Tera Joule (TJ) in the year 2017.

LNG-infrastructure-market-size

The global LNG infrastructure market is anticipated to record a CAGR of around 5.5% throughout the forecast period, i.e. 2020-2028. The market is segmented by terminal type into liquefaction and regasification, out of which, regasification terminal segment is anticipated to hold the largest market share on the back of increasing regasification capacity around the world  along with the addition of several new regasification capacities, which are under construction, to meet the growing demand of LNG across end users. Moreover, development of several floating regasification projects around the globe are also anticipated to contribute towards the growth of the segment in the global LNG infrastructure market. According to the International Gas Union (IGU), global regasification capacity including the floating regasification terminals increased to 824 MTPA by February 2019. CLICK TO DOWNLOAD SAMPLE REPORT

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Growth Drivers

Growing Trade of LNG As An Energy Source

According to the International Energy Agency (IEA) imports of natural gas around the world increased from 38382048 TJ in the year 2010 to 45875233 TJ in the year 2017.

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The trade for natural gas around the world has expanded rapidly over the years owing to the demand for natural gas from several nations around the globe along with the presence of several natural gas resources in countries globally. Demand for natural gas in several nations has raised the need for investments from LNG infrastructure companies to provide rapid and flexible import solutions, for instance floating storage and regasification units. Transformation in the demand for natural gas from local to regional and global markets, coupled with increasing competition and diversity among the suppliers and customers, and the investment decisions taken by companies during the previous decade is contributing towards the increasing trade for LNG around the globe, which is anticipated to drive the growth of the global LNG infrastructure market in the upcoming years.

Growing Number of LNG Projects Under Construction and Planned Start Up

According to other statistics by the IEA, as of Q3 2018, more than seventeen new LNG projects are planned and are under construction around the world.

LNG-infrastructure-market-scope

Several LNG producing companies around the world are increasingly investing on numerous new LNG projects which are under construction and are planned to come up in the near future. The increasing investments can be attributed to the lower initial investment costs and shorter installation periods required for the setting up floating storage and regasification units (FSRUs). As such, to meet the rising demand for LNG as an energy source, companies are increasingly investing to develop new plants for the production of LNG. Such a factor is anticipated to drive the growth of the global LNG infrastructure market.


Restraints

Rising Demand for Alternative Source of Energy

Several nations around the globe are opting for alternative energy sources, such as nuclear energy as well as renewable energy sources, such as solar, wind and others. Additionally, high cost of equipment is also anticipated to hamper the growth of the global LNG infrastructure market throughout the forecast period.


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Market Segmentation

Our in-depth analysis of the global LNG infrastructure market includes the following segments:

By Terminal Type

  • Liquefaction
  • Regasification

By Application

  • Heavy-duty Vehicles
  • Electric Power Generation
  • Marine Transport
  • Others


By Region

On the basis of regional analysis, the global LNG infrastructure market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Asia Pacific is anticipated to hold the largest market share on the back of rising demand for LNG as an energy source from nations such as China, Japan, Korea, India and others, for the ambition of the nations to improve the air quality as well as to promote a clean and green environment.

The global LNG infrastructure market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis


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