LNG Filling Stations Market

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.

LNG Filling Stations Market contains market size and forecasts of LNG Filling Stations in global, including the following market information:

Global LNG Filling Stations Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global LNG Filling Stations Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five LNG Filling Stations companies in 2021 (%)

The global LNG Filling Stations market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mobile Station Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of LNG Filling Stations include Kunlun Energy, CNOOC, ENN Energy, Guanghui, Sinopec, Cryostar, Engie and FortisBC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LNG Filling Stations manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global LNG Filling Stations Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global LNG Filling Stations Market Segment Percentages, by Type, 2021 (%)

Mobile Station

Permanent Station

Global LNG Filling Stations Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global LNG Filling Stations Market Segment Percentages, by Application, 2021 (%)

Vehicle

Ship

Global LNG Filling Stations Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global LNG Filling Stations Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies LNG Filling Stations revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies LNG Filling Stations revenues share in global market, 2021 (%)

Key companies LNG Filling Stations sales in global market, 2017-2022 (Estimated), (K Units)

Key companies LNG Filling Stations sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Kunlun Energy

CNOOC

ENN Energy

Guanghui

Sinopec

Cryostar

Engie

FortisBC