The ‘Global LNG Carrier Containment Market – Analysis By Carrier Type, By Propulsion Type, By Capacity, By Region, By Country (2019 Edition): Opportunities and Forecast (2014 – 2024)’ report has been added to ResearchAndMarkets.com's offering. A summary of the report’s findings can be found below.
The global LNG carrier containment market is likely to witness significant growth over the forecast period owing to growing manufacturing sectors, increasing customer demands, technological innovations and growing economy.
The Asia Pacific LNG carrier containment market is projected to display growth represented by a CAGR of over 2.30% during 2019 – 2024, primarily driven by growing economy and establishment of manufacturing facilities as well as surging government regulations for the use of cleaner fuel.
South Korea and China are the biggest market in the current period and expected to be followed by Japan in forecast period. The market for LNG carrier containment is driven by rapid price reductions and growing customer demands for increased functionality.
The full ResearchAndMarkets report can be found here.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/11042019/global-lng-carrier-containment-market-report-released/