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 has been analysed for the historical period of 2014-2018 and the forecast period of 2019 – 2024.
According to the report, the market is likely to witness significant growth over the forecast period owing to growing manufacturing sectors, increasing customer demands, technological innovations and growing economy.
Asia Pacific LNG Carrier Containment market is projected to display growth represented by a CAGR of over 2.3% 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. Market of LNG Carrier Containment is driven by rapid price reductions and growing customer demands for increased functionality.
The full report can be found here.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/23042019/global-lng-carrier-containment-market-assessment-2019-review-outlook-2014--2024-report-released/