Global Market Research Group

"LNG Compressor Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020" The Report covers current Market Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- The growing demand of LNG in the global energy portfolio has led to the development of many essential types of equipment in the LNG value chain. The market for natural gas is slowly expanding and the LNG trade is anticipated to grow at a rapid rate owing to increased natural gas production. LNG compressors are vital equipments used in the LNG liquefaction process. These systems are installed before refrigeration process in the LNG plant and are also known as refrigeration compressors. With increasing LNG contracts, it is essential that LNG operators achieve the lowest possible delivery costs by attaining larger economies of scale and optimizing reliability. Advanced LNG compressors reduce the liquefaction time and thus provid