APAC Liquefaction Market - Industry Trends and Forecast to 2030
Asia-Pacific Liquefaction Market, By Mode of Supply (Bunkering/Ship, Pipeline, Truck, and Rail), Application (Chemicals and Petrochemicals, Power Generation, Industrial Feedstock, and Others), Country (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Thailand, Singapore, Malaysia, Philippines, and Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Market Definition
Liquefaction of gases is the process by which substances in their gaseous state are converted to the liquid state. This change is the outcome of changes in physical conditions such as temperature, pressure, and volume.
Market Segmentation
The Asia-Pacific liquefaction market is segmented into two notable segments based on mode of supply and application
• Based on mode of supply, the market is segmented into bunkering/ship, pipeline, truck, and rail
• Based on application, the market is segmented into chemicals and petrochemicals, power generation, industrial feedstock, and others
Market Players
Some of the major market players operating in the Asia-Pacific liquefaction market are:
• Air Products and Chemicals, Inc.
• Baker Hughes Company
• ENGIE
• Eni SpA
• Excelerate Energy, Inc.
• Honeywell International Inc.
• Kunlun Energy Company Limited
• Linde plc
• Shell plc
• Siemens Gas and Power GmbH & Co. KG
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