LNG Storage Tank Market - Top Companies and Manufacturers

  • Report ID: 3173
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Companies Dominating the LNG Storage Tank Landscape

    • McDermott International Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Linde Plc
    • Air Water Inc.
    • IHI Corporation
    • Chart Industries, Inc.
    • Cimc Enric
    • Isisan A.S
    • Carbon Energy Group
    • INOX India Pvt. Ltd.
    • Wartsila Corporation

Browse Key Market Insights with Data Illustration:

In the News

· April 14, 2021: McDermott International’s CB&I storage solutions business was awarded a contract by AG&P for the procurement and construction of Philippine’s first ever LNG import terminal, which will be located in Batangas.

· March 17, 2020: INOX signed an agreement with Shell India to deploy distribution infrastructure for LNG to provide access to those not connected to pipelines.  


Author Credits:  Dhruv Bhatia


  • Report ID: 3173
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major growth drivers for the market are growing demand for LNG in energy and power industries and increasing production of natural gas.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 – 2030.

High competition to LNG from fossil and renewable energy sources is estimated to hamper the market growth.

Asia Pacific will provide more business opportunities to the market on the back of rising investments for the construction of LNG bunkering facilities and increasing usage of natural gas in several end-user industries in the region.

The major players in the market are McDermott International Inc., Linde Plc, Air Water Inc., IHI Corporation, Chart Industries, Inc., and others.
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