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LNG Filling Stations-Global Market Insights and Sales Trends 2024
Synopsis
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 odourless, colourless, 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.
A LNG filling station is a facility which sells LNG to vehicles. Liquefied natural gas filling stations rely on bulk delivery of fuel via tanker trucks similar to the way in which gasoline and diesel are delivered to filling stations. As LNG needs to be stored at -160 Celsius in order to stay in a liquid state, the fuel is delivered to the station site and stored in a special insulated cryogenic tank. The fuel is pumped from the storage tank and dispensed in a way that is similar to liquid fuels. As LNG dispensers operate at cryogenic temperatures, training is needed in order to dispense the fuel safely. Protective gloves and face shields must also be worn by personnel.
LNG Filling Stations consist of LNG tank, pump skid and submersible pump, booster truck carburetor, carburetor, EAG heater (the three carburetor will change with different processing,), plus liquid machine etc.
The global LNG Filling Stations market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LNG Filling Stations in various end use industries. The expanding demands from the Vehicle and Ship, are propelling LNG Filling Stations market. Mobile Station, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Permanent Station segment is estimated at % CAGR for the next seven-year period.
The major players in global LNG Filling Stations market include Kunlun Energy, CNOOC, etc. The top 2 players occupy about 50% shares of the global market. China is the main market, and occupies about 80% of the global market. Permanent Station and Mobile Station are the main types, Vehicle and Ship are two main applications.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LNG Filling Stations, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LNG Filling Stations market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LNG Filling Stations market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LNG Filling Stations sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LNG Filling Stations covered in this report include Kunlun Energy, CNOOC, ENN Energy, Guanghui, Sinopec, Cryostar, Engie and FortisBC, etc.
The global LNG Filling Stations market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kunlun Energy
CNOOC
ENN Energy
Guanghui
Sinopec
Cryostar
Engie
FortisBC
Global LNG Filling Stations market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LNG Filling Stations market, Segment by Type:
Mobile Station
Permanent Station
Global LNG Filling Stations market, by Application
Vehicle
Ship
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LNG Filling Stations manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LNG Filling Stations in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 odourless, colourless, 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.
A LNG filling station is a facility which sells LNG to vehicles. Liquefied natural gas filling stations rely on bulk delivery of fuel via tanker trucks similar to the way in which gasoline and diesel are delivered to filling stations. As LNG needs to be stored at -160 Celsius in order to stay in a liquid state, the fuel is delivered to the station site and stored in a special insulated cryogenic tank. The fuel is pumped from the storage tank and dispensed in a way that is similar to liquid fuels. As LNG dispensers operate at cryogenic temperatures, training is needed in order to dispense the fuel safely. Protective gloves and face shields must also be worn by personnel.
LNG Filling Stations consist of LNG tank, pump skid and submersible pump, booster truck carburetor, carburetor, EAG heater (the three carburetor will change with different processing,), plus liquid machine etc.
The global LNG Filling Stations market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of LNG Filling Stations in various end use industries. The expanding demands from the Vehicle and Ship, are propelling LNG Filling Stations market. Mobile Station, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Permanent Station segment is estimated at % CAGR for the next seven-year period.
The major players in global LNG Filling Stations market include Kunlun Energy, CNOOC, etc. The top 2 players occupy about 50% shares of the global market. China is the main market, and occupies about 80% of the global market. Permanent Station and Mobile Station are the main types, Vehicle and Ship are two main applications.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LNG Filling Stations, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LNG Filling Stations market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LNG Filling Stations market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LNG Filling Stations sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LNG Filling Stations covered in this report include Kunlun Energy, CNOOC, ENN Energy, Guanghui, Sinopec, Cryostar, Engie and FortisBC, etc.
The global LNG Filling Stations market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kunlun Energy
CNOOC
ENN Energy
Guanghui
Sinopec
Cryostar
Engie
FortisBC
Global LNG Filling Stations market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LNG Filling Stations market, Segment by Type:
Mobile Station
Permanent Station
Global LNG Filling Stations market, by Application
Vehicle
Ship
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LNG Filling Stations manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LNG Filling Stations in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 LNG Filling Stations Market Overview
1.1 LNG Filling Stations Product Overview
1.2 LNG Filling Stations Market Segment by Type
1.2.1 Mobile Station
1.2.2 Permanent Station
1.3 Global LNG Filling Stations Market Size by Type
1.3.1 Global LNG Filling Stations Market Size Overview by Type (2018-2029)
1.3.2 Global LNG Filling Stations Historic Market Size Review by Type (2018-2023)
1.3.3 Global LNG Filling Stations Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LNG Filling Stations Sales Breakdown by Type (2018-2023)
1.4.2 Europe LNG Filling Stations Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LNG Filling Stations Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LNG Filling Stations Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LNG Filling Stations Sales Breakdown by Type (2018-2023)
2 Global LNG Filling Stations Market Competition by Company
2.1 Global Top Players by LNG Filling Stations Sales (2018-2023)
2.2 Global Top Players by LNG Filling Stations Revenue (2018-2023)
2.3 Global Top Players by LNG Filling Stations Price (2018-2023)
2.4 Global Top Manufacturers LNG Filling Stations Manufacturing Base Distribution, Sales Area, Product Type
2.5 LNG Filling Stations Market Competitive Situation and Trends
2.5.1 LNG Filling Stations Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LNG Filling Stations Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LNG Filling Stations as of 2022)
2.7 Date of Key Manufacturers Enter into LNG Filling Stations Market
2.8 Key Manufacturers LNG Filling Stations Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LNG Filling Stations Status and Outlook by Region
3.1 Global LNG Filling Stations Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LNG Filling Stations Historic Market Size by Region
3.2.1 Global LNG Filling Stations Sales in Volume by Region (2018-2023)
3.2.2 Global LNG Filling Stations Sales in Value by Region (2018-2023)
3.2.3 Global LNG Filling Stations Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LNG Filling Stations Forecasted Market Size by Region
3.3.1 Global LNG Filling Stations Sales in Volume by Region (2024-2029)
3.3.2 Global LNG Filling Stations Sales in Value by Region (2024-2029)
3.3.3 Global LNG Filling Stations Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LNG Filling Stations by Application
4.1 LNG Filling Stations Market Segment by Application
4.1.1 Vehicle
4.1.2 Ship
4.2 Global LNG Filling Stations Market Size by Application
4.2.1 Global LNG Filling Stations Market Size Overview by Application (2018-2029)
4.2.2 Global LNG Filling Stations Historic Market Size Review by Application (2018-2023)
4.2.3 Global LNG Filling Stations Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LNG Filling Stations Sales Breakdown by Application (2018-2023)
4.3.2 Europe LNG Filling Stations Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LNG Filling Stations Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LNG Filling Stations Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LNG Filling Stations Sales Breakdown by Application (2018-2023)
5 North America LNG Filling Stations by Country
5.1 North America LNG Filling Stations Historic Market Size by Country
5.1.1 North America LNG Filling Stations Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LNG Filling Stations Sales in Volume by Country (2018-2023)
5.1.3 North America LNG Filling Stations Sales in Value by Country (2018-2023)
5.2 North America LNG Filling Stations Forecasted Market Size by Country
5.2.1 North America LNG Filling Stations Sales in Volume by Country (2024-2029)
5.2.2 North America LNG Filling Stations Sales in Value by Country (2024-2029)
6 Europe LNG Filling Stations by Country
6.1 Europe LNG Filling Stations Historic Market Size by Country
6.1.1 Europe LNG Filling Stations Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LNG Filling Stations Sales in Volume by Country (2018-2023)
6.1.3 Europe LNG Filling Stations Sales in Value by Country (2018-2023)
6.2 Europe LNG Filling Stations Forecasted Market Size by Country
6.2.1 Europe LNG Filling Stations Sales in Volume by Country (2024-2029)
6.2.2 Europe LNG Filling Stations Sales in Value by Country (2024-2029)
7 Asia-Pacific LNG Filling Stations by Region
7.1 Asia-Pacific LNG Filling Stations Historic Market Size by Region
7.1.1 Asia-Pacific LNG Filling Stations Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LNG Filling Stations Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LNG Filling Stations Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LNG Filling Stations Forecasted Market Size by Region
7.2.1 Asia-Pacific LNG Filling Stations Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LNG Filling Stations Sales in Value by Region (2024-2029)
8 Latin America LNG Filling Stations by Country
8.1 Latin America LNG Filling Stations Historic Market Size by Country
8.1.1 Latin America LNG Filling Stations Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LNG Filling Stations Sales in Volume by Country (2018-2023)
8.1.3 Latin America LNG Filling Stations Sales in Value by Country (2018-2023)
8.2 Latin America LNG Filling Stations Forecasted Market Size by Country
8.2.1 Latin America LNG Filling Stations Sales in Volume by Country (2024-2029)
8.2.2 Latin America LNG Filling Stations Sales in Value by Country (2024-2029)
9 Middle East and Africa LNG Filling Stations by Country
9.1 Middle East and Africa LNG Filling Stations Historic Market Size by Country
9.1.1 Middle East and Africa LNG Filling Stations Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LNG Filling Stations Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LNG Filling Stations Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LNG Filling Stations Forecasted Market Size by Country
9.2.1 Middle East and Africa LNG Filling Stations Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LNG Filling Stations Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Kunlun Energy
10.1.1 Kunlun Energy Company Information
10.1.2 Kunlun Energy Introduction and Business Overview
10.1.3 Kunlun Energy LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Kunlun Energy LNG Filling Stations Products Offered
10.1.5 Kunlun Energy Recent Development
10.2 CNOOC
10.2.1 CNOOC Company Information
10.2.2 CNOOC Introduction and Business Overview
10.2.3 CNOOC LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CNOOC LNG Filling Stations Products Offered
10.2.5 CNOOC Recent Development
10.3 ENN Energy
10.3.1 ENN Energy Company Information
10.3.2 ENN Energy Introduction and Business Overview
10.3.3 ENN Energy LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ENN Energy LNG Filling Stations Products Offered
10.3.5 ENN Energy Recent Development
10.4 Guanghui
10.4.1 Guanghui Company Information
10.4.2 Guanghui Introduction and Business Overview
10.4.3 Guanghui LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Guanghui LNG Filling Stations Products Offered
10.4.5 Guanghui Recent Development
10.5 Sinopec
10.5.1 Sinopec Company Information
10.5.2 Sinopec Introduction and Business Overview
10.5.3 Sinopec LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sinopec LNG Filling Stations Products Offered
10.5.5 Sinopec Recent Development
10.6 Cryostar
10.6.1 Cryostar Company Information
10.6.2 Cryostar Introduction and Business Overview
10.6.3 Cryostar LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cryostar LNG Filling Stations Products Offered
10.6.5 Cryostar Recent Development
10.7 Engie
10.7.1 Engie Company Information
10.7.2 Engie Introduction and Business Overview
10.7.3 Engie LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Engie LNG Filling Stations Products Offered
10.7.5 Engie Recent Development
10.8 FortisBC
10.8.1 FortisBC Company Information
10.8.2 FortisBC Introduction and Business Overview
10.8.3 FortisBC LNG Filling Stations Sales, Revenue and Gross Margin (2018-2023)
10.8.4 FortisBC LNG Filling Stations Products Offered
10.8.5 FortisBC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LNG Filling Stations Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LNG Filling Stations Industrial Chain Analysis
11.4 LNG Filling Stations Market Dynamics
11.4.1 LNG Filling Stations Industry Trends
11.4.2 LNG Filling Stations Market Drivers
11.4.3 LNG Filling Stations Market Challenges
11.4.4 LNG Filling Stations Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LNG Filling Stations Distributors
12.3 LNG Filling Stations Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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