Natural Gas Market Details

1
Opportunity Analysis and Industry Forecast,
2016-2023
Natural Gas Market by Type, by Application
Global Opportunity Analysis and Industry
Forecast, 2021-2031
Pages 260 Tables 126 Charts83
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• Top Impacting Factors
• The Natural Gas Market size was valued at 300.4
  billion in 2021, and is projected to reach424.7
  trillion by 2031, at a CAGR of 3.4 from 2022 to
  2031.
• Natural gas is a mixture of several hydrocarbons
  majorly accounting for 90 of methane with other
  hydrocarbons such as ethane, propane, and others.
  
• The rise in demand for natural gas from
  residential consumers, the rapid growth of smart
  city infrastructure , and the rise in investment
  toward the upgradation of aged government
  infrastructure are the key factors that
  significantly contribute toward the growth of the
  global natural gas market trends.
• The expansion of the electric power industry with
  the growing power stations in China, and the US,
  electric power transmission, and distribution of
  electricity act as a driving factor for the
  global natural gas market. since are used
  primarily in the generation process of
  electricity.

Global Natural Gas Market Outlook (2021 2031)
Pages 260 Tables 126 Charts83
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Global Natural Gas Market Outlook (2021 2031)

• Depending on the type, the methane segment
  registered the highest market share of about 94
  in 2021 and is expected to maintain its dominance
  during the forecast period.
• For consumers with continuous demand for food,
  natural gas is the best option since it is used
  as a fuel for cooking purposes, which in turn is
  anticipated to fuel the market growth in the
  coming years.
• The surge in demand for natural gas from
  commercial applications such as hotels,
  warehouses, educational sites, offices, food
  sales/services, healthcare, and others are
  anticipated to drive the growth of the market
  from 2022 to 2031

Pages 260 Tables 126 Charts83
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Global Natural Gas Market Outlook (2021 2031)

• Key Findings of The Lithium Ion Battery Market
• In 2021, the methane segment accounted for about
  90 of the share in the global natural gas market
  and is expected to maintain its dominance till
  the end of the forecast period.
• In 2021, the industrial segment accounted for
  37.32 global natural gas market
• share in the year 2021 and is anticipated to grow
  at a rate of 3.9 in terms of
• revenue, increasing its share in the global
  natural gas market.
• Industrial sector is also the fastest-growing
  application segment in the global natural gas
  market forecast for 2022-2031 with a CAGR of
  3.9.
• North America is expected to grow at the fastest
  rate, registering a CAGR of 3.9, throughout the
  forecast period.
• In 2021, Europe dominated the global natural gas
  market with more than 37.0 of the share, in
  terms of revenue.

Pages 260 Tables 126 Charts83
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• The key players profiled in the report include
• Exxon Mobil Corporation
• General Electric
• GAZPROM NEFT PJSC
• Chevron Corporation
• Lukoil
• Eni
• Occidental Petroleum Corporation
• Shell Plc
• ConocoPhillips

Global Natural Gas Market Outlook (2021 2031)
Pages 260 Tables 126 Charts83
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Global Natural Gas Market Outlook (2021 2031)
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