Modular Gas Processing Plant Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Modular Gas Processing Plant Market covers analysis By Type (LNG, LPG, CNG, Others); Location (Onshore, Offshore) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00029590
  • Category : Energy and Power
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW
Rapid industrialization is boosting the growth of the modular gas processing plant market. This is because natural gas is more environmentally friendly than petroleum fuels such as gasoline and diesel. Demand for modular gas processing plants is presently increasing. This trend is expected to rise shortly, as these plants can be installed in remote locations where the availability of resources is limited. Thus, companies focus on providing cost-effective and easy-to-install modular gas processing plants.

MARKET SCOPE
The "Global Modular Gas Processing Plant Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the modular gas processing plant market with detailed market segmentation by type, location, and geography. The report provides key statistics on the market status of the leading modular gas processing plant market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •  Based on type, the market is segmented into LNG, LPG, CNG, and others.
  •  Based on location, the market is segmented into onshore and offshore.


MARKET DYNAMICS

Drivers:
    -
  •  Increasing demand for cleaner energy fuels is boosting the growth of the modular gas processing plant market.
Restraints:
    -
  •  The high cost may hinder the growth of the modular gas processing plant market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The modular gas processing plant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the modular gas processing plant market in these regions.

IMPACT OF COVID-19 ON MODULAR GAS PROCESSING PLANT MARKET
COVID-19 has severely affected the growth of the modular gas processing plant market globally. The expansions in the renewable energy sector which the government planned have also got shut-down due to COVID-19. Additionally, companies had to shut down their manufacturing plants and services as lockdowns were imposed to contain the pandemic. This resulted in increased costs of raw materials due to the shortage of supplies. Thus, the pandemic has negatively impacted the modular gas processing plant market.

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MARKET PLAYERS

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The modular gas processing plant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the modular gas processing plant market in these regions.

IMPACT OF COVID-19 ON MODULAR GAS PROCESSING PLANT MARKET
COVID-19 has severely affected the growth of the modular gas processing plant market globally. The expansions in the renewable energy sector which the government planned have also got shut-down due to COVID-19. Additionally, companies had to shut down their manufacturing plants and services as lockdowns were imposed to contain the pandemic. This resulted in increased costs of raw materials due to the shortage of supplies. Thus, the pandemic has negatively impacted the modular gas processing plant market.

MARKET PLAYERS
The report covers key developments in the modular gas processing plant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the modular gas processing plant market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the modular gas processing plant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •  Black and Veatch
  •  Chiyoda Corporation
  •  Gas Processing Equipment
  •  GazSurf Engineering company
  •  Honeywell International Inc.
  •  JFE Engineering
  •  JGC Holding
  •  Lukoil Oil Company
  •  Pioneer Energy
  •  The Linda Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Modular Gas Processing Plant Market - By Type
1.3.2 Modular Gas Processing Plant Market - By Location
1.3.3 Modular Gas Processing Plant Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MODULAR GAS PROCESSING PLANT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. MODULAR GAS PROCESSING PLANT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MODULAR GAS PROCESSING PLANT MARKET - GLOBAL MARKET ANALYSIS
6.1. MODULAR GAS PROCESSING PLANT - GLOBAL MARKET OVERVIEW
6.2. MODULAR GAS PROCESSING PLANT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MODULAR GAS PROCESSING PLANT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LNG
7.3.1. Overview
7.3.2. LNG Market Forecast and Analysis
7.4. LPG
7.4.1. Overview
7.4.2. LPG Market Forecast and Analysis
7.5. CNG
7.5.1. Overview
7.5.2. CNG Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. MODULAR GAS PROCESSING PLANT MARKET - REVENUE AND FORECASTS TO 2028 - LOCATION
8.1. OVERVIEW
8.2. LOCATION MARKET FORECASTS AND ANALYSIS
8.3. ONSHORE
8.3.1. Overview
8.3.2. Onshore Market Forecast and Analysis
8.4. OFFSHORE
8.4.1. Overview
8.4.2. Offshore Market Forecast and Analysis

9. MODULAR GAS PROCESSING PLANT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Modular Gas Processing Plant Market Overview
9.1.2 North America Modular Gas Processing Plant Market Forecasts and Analysis
9.1.3 North America Modular Gas Processing Plant Market Forecasts and Analysis - By Type
9.1.4 North America Modular Gas Processing Plant Market Forecasts and Analysis - By Location
9.1.5 North America Modular Gas Processing Plant Market Forecasts and Analysis - By Countries
9.1.5.1 United States Modular Gas Processing Plant Market
9.1.5.1.1 United States Modular Gas Processing Plant Market by Type
9.1.5.1.2 United States Modular Gas Processing Plant Market by Location
9.1.5.2 Canada Modular Gas Processing Plant Market
9.1.5.2.1 Canada Modular Gas Processing Plant Market by Type
9.1.5.2.2 Canada Modular Gas Processing Plant Market by Location
9.1.5.3 Mexico Modular Gas Processing Plant Market
9.1.5.3.1 Mexico Modular Gas Processing Plant Market by Type
9.1.5.3.2 Mexico Modular Gas Processing Plant Market by Location
9.2. EUROPE
9.2.1 Europe Modular Gas Processing Plant Market Overview
9.2.2 Europe Modular Gas Processing Plant Market Forecasts and Analysis
9.2.3 Europe Modular Gas Processing Plant Market Forecasts and Analysis - By Type
9.2.4 Europe Modular Gas Processing Plant Market Forecasts and Analysis - By Location
9.2.5 Europe Modular Gas Processing Plant Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Modular Gas Processing Plant Market
9.2.5.1.1 Germany Modular Gas Processing Plant Market by Type
9.2.5.1.2 Germany Modular Gas Processing Plant Market by Location
9.2.5.2 France Modular Gas Processing Plant Market
9.2.5.2.1 France Modular Gas Processing Plant Market by Type
9.2.5.2.2 France Modular Gas Processing Plant Market by Location
9.2.5.3 Italy Modular Gas Processing Plant Market
9.2.5.3.1 Italy Modular Gas Processing Plant Market by Type
9.2.5.3.2 Italy Modular Gas Processing Plant Market by Location
9.2.5.4 United Kingdom Modular Gas Processing Plant Market
9.2.5.4.1 United Kingdom Modular Gas Processing Plant Market by Type
9.2.5.4.2 United Kingdom Modular Gas Processing Plant Market by Location
9.2.5.5 Russia Modular Gas Processing Plant Market
9.2.5.5.1 Russia Modular Gas Processing Plant Market by Type
9.2.5.5.2 Russia Modular Gas Processing Plant Market by Location
9.2.5.6 Rest of Europe Modular Gas Processing Plant Market
9.2.5.6.1 Rest of Europe Modular Gas Processing Plant Market by Type
9.2.5.6.2 Rest of Europe Modular Gas Processing Plant Market by Location
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Modular Gas Processing Plant Market Overview
9.3.2 Asia-Pacific Modular Gas Processing Plant Market Forecasts and Analysis
9.3.3 Asia-Pacific Modular Gas Processing Plant Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Modular Gas Processing Plant Market Forecasts and Analysis - By Location
9.3.5 Asia-Pacific Modular Gas Processing Plant Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Modular Gas Processing Plant Market
9.3.5.1.1 Australia Modular Gas Processing Plant Market by Type
9.3.5.1.2 Australia Modular Gas Processing Plant Market by Location
9.3.5.2 China Modular Gas Processing Plant Market
9.3.5.2.1 China Modular Gas Processing Plant Market by Type
9.3.5.2.2 China Modular Gas Processing Plant Market by Location
9.3.5.3 India Modular Gas Processing Plant Market
9.3.5.3.1 India Modular Gas Processing Plant Market by Type
9.3.5.3.2 India Modular Gas Processing Plant Market by Location
9.3.5.4 Japan Modular Gas Processing Plant Market
9.3.5.4.1 Japan Modular Gas Processing Plant Market by Type
9.3.5.4.2 Japan Modular Gas Processing Plant Market by Location
9.3.5.5 South Korea Modular Gas Processing Plant Market
9.3.5.5.1 South Korea Modular Gas Processing Plant Market by Type
9.3.5.5.2 South Korea Modular Gas Processing Plant Market by Location
9.3.5.6 Rest of Asia-Pacific Modular Gas Processing Plant Market
9.3.5.6.1 Rest of Asia-Pacific Modular Gas Processing Plant Market by Type
9.3.5.6.2 Rest of Asia-Pacific Modular Gas Processing Plant Market by Location
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Modular Gas Processing Plant Market Overview
9.4.2 Middle East and Africa Modular Gas Processing Plant Market Forecasts and Analysis
9.4.3 Middle East and Africa Modular Gas Processing Plant Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Modular Gas Processing Plant Market Forecasts and Analysis - By Location
9.4.5 Middle East and Africa Modular Gas Processing Plant Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Modular Gas Processing Plant Market
9.4.5.1.1 South Africa Modular Gas Processing Plant Market by Type
9.4.5.1.2 South Africa Modular Gas Processing Plant Market by Location
9.4.5.2 Saudi Arabia Modular Gas Processing Plant Market
9.4.5.2.1 Saudi Arabia Modular Gas Processing Plant Market by Type
9.4.5.2.2 Saudi Arabia Modular Gas Processing Plant Market by Location
9.4.5.3 U.A.E Modular Gas Processing Plant Market
9.4.5.3.1 U.A.E Modular Gas Processing Plant Market by Type
9.4.5.3.2 U.A.E Modular Gas Processing Plant Market by Location
9.4.5.4 Rest of Middle East and Africa Modular Gas Processing Plant Market
9.4.5.4.1 Rest of Middle East and Africa Modular Gas Processing Plant Market by Type
9.4.5.4.2 Rest of Middle East and Africa Modular Gas Processing Plant Market by Location
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Modular Gas Processing Plant Market Overview
9.5.2 South and Central America Modular Gas Processing Plant Market Forecasts and Analysis
9.5.3 South and Central America Modular Gas Processing Plant Market Forecasts and Analysis - By Type
9.5.4 South and Central America Modular Gas Processing Plant Market Forecasts and Analysis - By Location
9.5.5 South and Central America Modular Gas Processing Plant Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Modular Gas Processing Plant Market
9.5.5.1.1 Brazil Modular Gas Processing Plant Market by Type
9.5.5.1.2 Brazil Modular Gas Processing Plant Market by Location
9.5.5.2 Argentina Modular Gas Processing Plant Market
9.5.5.2.1 Argentina Modular Gas Processing Plant Market by Type
9.5.5.2.2 Argentina Modular Gas Processing Plant Market by Location
9.5.5.3 Rest of South and Central America Modular Gas Processing Plant Market
9.5.5.3.1 Rest of South and Central America Modular Gas Processing Plant Market by Type
9.5.5.3.2 Rest of South and Central America Modular Gas Processing Plant Market by Location

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. MODULAR GAS PROCESSING PLANT MARKET, KEY COMPANY PROFILES
11.1. BLACK AND VEATCH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHIYODA CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GAS PROCESSING EQUIPMENT
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GAZSURF ENGINEERING COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HONEYWELL INTERNATIONAL INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JFE ENGINEERING
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. JGC HOLDING
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. LUKOIL OIL COMPANY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PIONEER ENERGY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE LINDA GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Black and Veatch
2.Chiyoda Corporation
3.Gas Processing Equipment
4.GazSurf Engineering company
5.Honeywell International Inc.
6.JFE Engineering
7.JGC Holding
8.Lukoil Oil Company
9.Pioneer Energy
10.The Linda Group

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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