https://www.noahresearch.com/report/liquefied-natural-gas-lng-market/

Waaiz28 Jan, 2021Business

The rising favorable government regulations, increasing development of pipeline infrastructures, and strong demand for natural gas from downstream sectors are the major factors surging the growth of the global liquefied natural gas (LNG) market size during the forecast period. According to the liquefied natural gas (LNG) market overview, the growing emphasis on the development of adequate support infrastructure in developing countries and rapid industrialization and urbanization are some other factors that boost the growth of the market. Liquefied natural gas (LNG) plays a vital part in the power generation, mining sector, and industrial, thus fuelling the growth of liquefied natural gas (LNG) market share in terms of revenue. On the other edge of the spectrum, inadequate pipeline infrastructure in remote areas is a major factor that is restraining the growth of the global LNG market.