Floating Storage and Regasification Unit (FSRU) Market 2018 Global Market Challenge, Driver, Trends & Forecast to 2023

1. FSRU (Floating Storage and Regasification Unit) Market Research Report – Forecast to 2023

2. FSRU (Floating Storage and Regasification Unit) Market Research Report – Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

3. FSRU (Floating Storage and Regasification Unit) Market - 2023 Global FSRU (Floating Storage and Regasification Unit) Market Research Report: Information by construction (Newly built and Converted), by storage (Small, Medium and Large), by application (Industrial and Power Generation), and by Regions– Forecast till 2023 Market Scenario The global Floating Storage and Regasification Unit (FSRU) market is expected to grow at a high rate and the main reason is the boom in the LNG (Liquified Natural Gas) market. This acts as a catalyst for the economic growth in various countries worldwide, as it is environment-friendly and viable to be adopted in a shorter period of time to reduce the carbon emissions. Recent discoveries in offshore regions have been made, which focu s on fulfilment of the demand for various sectors, such as transportation, power generation as a feedstock for petrochemical manufacturers, and other end-users. FSRU market helps get natural gas on time and makes it readily available to local markets. Diversification in the market is prominent, fulfilling the demands for LNG and natural gas, globally. FSRU business is growing exponentially to meet the demand for green fuel. The FSRU emerged nearly 15 years back in early 2000. There are currently 26 FSRUs in the world, out of which 23 are operated as terminals, three operated as LNG tankers, and approx. 11 are under construction. The main reason behind the growth of this industry is commercial flexibility, scheduling, and lower cost.   Moreover, it attracts the countries, which have land constraints to construct any stationary onshore regasification facilities and it takes years to build, commission, and operate. Due to that, FSRU acts as a perfect solution because it can be deployed anywhere.  The cost of a new FSRU is just 50-60% of an onshore terminal and that is to be delivered in half the time.  An FSRU costs approx. USD 250-300 million, is constructed in 25- 40 months, and the specifications depend on the client requirements & location. www.marketresearchfuture.com

4. FSRU (Floating Storage and Regasification Unit) Market - 2023 Scope of the Report This report provides an in-depth analysis of the global FSRU market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia Pacific (APAC), Middle East, Africa and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the FSRU market by construction type, storage, application, and by region. By Construction Type Newly Built Converted By Storage Small Medium Large By Application Industrial Power Generation Others By Regions North America Europe Asia Pacific Middle East and Africa Latin America www.marketresearchfuture.com

5. FSRU (Floating Storage and Regasification Unit) Market - 2023 Market Highlights The emerging business of LNG has been growing since a decade ago; now FSRUs are being used to transfer LNG from one place to another through oceans. The FSRU terminals take up LNG, regasify the LNG in gaesour form and further it can be usedas natural gas.. As per the estimation, the global FSRU market is expected to increase from 85 MTPA in 2018 to 230 MTPA in 2023 at a CAGR of approx. 13.88% which is due to the demand for natural gas is increased, development on port also increased. Presently, FSRU market is gaining popularity because of cost effectivity, purpose, and demand. At the moment, major FSRUs present in the Middle East and Latin America. The market is looking for new investors and stakeholders to grow further. The market is dominated by few players only, but it has still potential to expand because most of the countries are updating their energy mix. Regionwise, Asia Pacific has more chances to develop strategies and market share in LNG market which ultimately help this segment to grow up in future. The global FSRU market has been segmented by construction into newly built and converted. Based on storage, the market has been segmented into small, medium, and large FSRU, which is constructed and depends on the capacity and requirements of clients. By application, the market has been segmented into industrial, power generation, and others. Based on region, the market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. North America and the Middle East are expected to dominate the market as several new FSRU projects are currently being constructed in these regions. www.marketresearchfuture.com

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