Press release
Natural Gas Global Market Size, Share, Growth, Trends, By Type, By Source, By Application, By End User And Forecast 2023-2032 | PetroChina Co. Ltd., Husky Energy Inc., NGL Energy Partners LP, Devon Energy Corp
As per the natural gas market report by The Business Research Company, the growth in the natural gas market is due to increased global economic activity, an increase in usage of electricity, and refined petroleum from developing nations is expected to drive the market in the future.
The global natural gas market size will grow from $955.74 billion in 2022 to $1025.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The natural gas market size is expected to grow from $1372.08 billion in 2027 at a CAGR of 7.5%.
Read More On The Natural Gas Market Report Here:
https://www.thebusinessresearchcompany.com/report/natural-gas-global-market-report
Major competitors in the natural gas market include PetroChina Co. Ltd., Husky Energy Inc., NGL Energy Partners LP, Devon Energy Corp, and VNG - Verbundnetz Gas Aktiengesellschaft.
The natural gas market is segmented -
• By Type: Transport, Industrial, Electric Power, and Other Types
• By Source: Associated Gas, Non-Associated Gas, Unconventional Sources
• By End User: Light Duty Vehicles, Medium Or Heavy Duty Buses, Medium Or Heavy Duty Trucks
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the natural gas market.
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Natural gas refers to a natural mixture of gaseous hydrocarbons consisting of methane in addition to various smaller amounts of other higher alkanes. In combined heat and power systems, natural gas is used as a fuel.It is also used for heating and generating electricity.
The Table of Content For The Natural Gas Market Include:
1. Executive Summary
2. Report Structure
3. Natural Gas Market Characteristics
4. Natural Gas Market Product Analysis
5. Natural Gas Market Supply Chain
.....
20. Key Mergers And Acquisitions In The Natural Gas Market
21. Market Background: Oil & Gas Upstream Activities Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The "Global Natural Gas Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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