An LNG storage tank is a specific storage tank used for storing Liquefied Natural Gas (LNG). It can be utilized for the transportation of LNG through waterways and land. The main property of LNG storage tanks is their ability to store LNG at a temperature of
-260°F. LNG storage tanks generally have double containers, where the inner part contains LNG and the outer part comprises insulation materials for maintaining the temperature. These tanks vary in size, depending on their use.
Technavio’s analysts forecast the global LNG tank container market to grow at a CAGR of 6.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global LNG tank container market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of LNG container services to oil and gas extraction industrial companies for carrying LNG between various regions.
The market is divided into the following segments based on geography:
Technavio's report, Global LNG Tank Container Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.