Global Liquefied Natural Gas Market 2013 - 2019
Albany, New York (PRWEB) January 14, 2015
Transparency Market Research has announced the release of a report titled “Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. The report states that the global liquefied natural gas market was worth US$161.4 million in 2012 and – growing at a 2.8% CAGR from 2013-2019 – will reach US$196.4 million by 2019.
Browse the full Liquefied Natural Gas Market report: http://www.transparencymarketresearch.com/liquefied-natural-gas-market.html
The liquefied natural gas market can be segmented on the basis of end user and geography. The key end users include electric power, industrial, and others such as commercial and transportation. Geographically, the liquefied natural gas market can be divided into North America, Europe, Asia-Pacific, and Rest of the World.
Among the major end users, the industrial segment dominated the overall liquefied natural gas market in 2012, accounting for 43% of the industry share. This segment is expected to continue to lead the liquefied natural gas market throughout the forecast period.
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Region-wise, Asia-Pacific drives the global liquefied natural gas market owing to increased demand from developed and emerging economies such as South Korea, Japan, Taiwan, China, and India. European countries such as France, Spain, and the U.K. have been importing increased quantities of liquefied natural gas as a result of which, the European market is anticipated to witness considerable growth during the forecast period.
Browse the full Press Release of Liquefied Natural Gas Market : http://www.transparencymarketresearch.com/pressrelease/liquefied-natural-gas-market.htm
The liquefied natural gas market is highly competitive. Some of the prominent participants of the liquefied natural gas market include Dominion Resources Inc., Veresen Inc., Qatar Petroleum, BG Group Plc, Apache Corporation, Cheniere Energy Inc., Woodside Petroleum Ltd., and Kinder Morgan Inc.
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