Stainless Steel World Americas Journal June 2024 | Page 15

Market Report

The LNG valve star market is close to USD $ 1 billion per year and consists of 10 planets with a total of 100 moons . The definition of these moons is flexible and depends on the million dollar per year lunar landings .
The question is how to coordinate lunar landings for 30 % EBITDA and 40 % market share .
Products : It can include a combination of products . Valve manufacturers now also offer cryogenic piping ( Crane ), pumps ( Flowserve ), and compressors ( Atlas Copco , Ingersoll Rand ).
Technology : There is a growing market for carbon capture . Liquefaction of CO 2
LNG is the front end of the chain , while CO 2 capture and sequestration are the end of the chain .
Locations : Valve companies active in Qatar can synchronize LNG with other opportunities .
Customers : Synchronization can be segmented into the three main LNG activities . Exxon Mobil and other large oil and gas companies are involved in the complete supply chain but may not be involved in the valve decisions for a new tanker .
Most Profitable Stainless Products for the Supplier
The most important synergy is among : 1 ) product type 2 ) size
3 ) service , general , unique ( severe and critical )
4 ) media : liquids , gases , vapors Summary
The LNG market for stainless products is large and growing . Many of the applications are challenging and require special features . This creates opportunities for 40 % market share and 30 % EBITDA .
Each million-dollar-per-year opportunity should be ranked and grouped in sets of lunar landings creating opportunities of USD $ 10 million dollars per year or more . These increments are large enough to justify product and regional manager activity .
Value propositions for each set should not only be the basis of the rankings but the guide for achieving the desired results .
About the Author
Robert McIlvaine founded the McIlvaine Company in 1974 and oversees the work of 30 analysts and researchers . He has a BA degree from Princeton University .
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