Transparency Market Research: Global Liquefied Natural Gas Market to Reach US$196.4 Million By 2019

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Transparency Market Research

Jan 14, 2015, 05:15 ET


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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TMR is a U.S. based market intelligence company driven by a global team of high-pedigree industry consultants, analysts, and researchers. TMR leverages its worldwide Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. The company’s multi-disciplinary expertise has made it the preferred growth partner of hundreds of companies worldwide, from multibillion dollar conglomerates to emerging regional businesses. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources, tools, and techniques. TMR’s data repository is continuously updated by team of research experts, so it always reflects latest trends and information.

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