Natural Gas and LNG Market 2025 Led by Key Vendors like Petronet LNG, Royal Dutch Shell, Chevron Corporation, Total S.A., GAIL, Hindustan Petroleum, Mahanagar Gas, Oil and Natural Gas Corporation, Gujarat Gas, Indraprastha Gas

A comprehensive research study on “Natural Gas and LNG Market”, report introduced by Premium Market Insights classifies the India Natural Gas and LNG Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

India natural gas market is expected to grow to US$ 30.7 billion by 2025 from US$ 19.7 billion in 2015.

Fertilizer and power segment together comprise more than 50% of overall market. However, city gas project shows highest growth rate during the forecast period. In the attempt to promote clean fuel usage in India, the government has accorded city gas distribution (CGD) projects. Natural gas is generally used in households for cooking and heating purpose and they are also used in compressed natural gas (CNG) automobiles for powering them. Various state governments have implemented CNG public transport vehicles ranging from busses to auto rickshaws to bring down greenhouse gas emission in their respected states. The city gas distribution includes domestic Piped Natural Gas (PNG), CNG, and commercial PNG.

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The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Natural Gas and LNG market.

The List of Companies:

Petronet LNG Limited
Royal Dutch Shell PLC
Chevron Corporation
Total S.A.
GAIL
Hindustan Petroleum Corporation Ltd.
Mahanagar Gas private Ltd.
Oil and Natural Gas Corporation Ltd.
Gujarat Gas Ltd.
Indraprastha Gas Limited

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Key opportunity which will predominantly effect the market in coming year is exploration of new fields in India. To cope up with the fluctuating natural gas prices while importing, India must explore new fields for extraction of natural gas within the country. More than 75% of the country's sedimentary area is yet to be explored. India is the fifth largest coal based reserve in the world, which gives an opportunity for Coal Bed Methane (CBM) exploration to produce natural gas in house. Additionally the country has around 96 tcf of recoverable resources of natural gas that is trapped in shale rock formation. This will help to bring down the cost of natural gas in India by bringing down import of LNG.

India natural gas market by end-user is segmented as into power, fertilizer, industrial, city gas distribution (CGD) and others. The increasing awareness towards reduction in carbon footprints are some of the trends contributing to the growing natural gas market.

The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using government and private sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, chief manager, market intelligence managers and sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the India oil and gas industry.

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