LNG Filling Stations Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Kunlun Energy, CNOOC, ENN Energy Holding

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global LNG Filling Stations Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.8% during the review period (2022 to 2027).

LNG Filling Stations Market Overview:

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 odorless, colorless, 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. The storing of natural gas as liquefied petroleum instead of gases is more flexible owing to the less volume which results in cost-effective more storage of petroleum. LNG combustion reduces pollution and improves the drive run of a vehicle in city crowds due to its lighter weight and is promoted by the authorities to overcome the rising pollution.

Recent Development:

Kunlun Energy Once Again Named Among ‘Most Honored Companies’ in Asia by Institutional Investor

On June 30, 2021, Kunlun Energy Company Limited (“Kunlun Energy”) is pleased to announce that the Company was once again recognized as a “Most Honored Company” in Institutional Investor’s 2021 Annual Asia Executive Team survey, among 1,438 companies nominated across 18 sectors. The Company also took first place in all eligible categories for the power sector in All-Asia, including the “Best CEO”, “Best CFO”, “Best IR Professionals”, “Best IR Team”, “Best IR Company” and “Best ESG”.

Apr. 19, 2021, Clean Energy Fuels Corp. announced that it has signed an agreement with Amazon (Nasdaq: AMZN) to provide low and negative carbon renewable natural gas (RNG). The fuel will be provided at 27 existing Clean Energy fueling stations and another 19 non-exclusive new or upgraded Clean Energy-owned stations that Clean Energy expects to be constructed by the end of the year. The new and existing stations will provide RNG in 15 different states.

What are the major Applications, Types, and Regions of LNG Filling Stations Market?

By Type, it is segmented into

• Mobile Station


• Permanent Station


• Other

By Applications, it is segmented into

• Vehicle


• Ship


• Other

LNG Filling Stations Market Regional Analysis

Asia-Pacific garnered the highest share in the solar (PV) inverter market in 2020, in terms of revenue, and is anticipated to maintain its dominance during the forecast period. This is attributed to the presence of key players and a huge consumer base in the region. In addition, expansion of the renewable energy sector, rise in investment toward up-gradation of aging power infrastructure, and rapid industrialization in the region are further anticipated to fuel the growth of the market in the upcoming years.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
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  • Italy
  
  
  • Spain
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The LNG filling stations market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global LNG filling stations market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of LNG filling stations positively.

What is our LNG Filling Stations Market Report Scope?

Key Takeaways from this LNG Filling Stations Report

• Evaluate LNG Filling Stations market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the LNG Filling Stations market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

  FAQ -

What is the study period of this market?

The LNG Filling Stations Market is studied from 2017 - 2027.

 What is the growth rate of LNG Filling Stations Market?

The LNG Filling Stations Market is growing at a CAGR of 6.6% over the next 5 years.

What regions does this LNG Filling Stations Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.