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Household Natural Gas Distribution Market
Household Natural Gas Distribution Market
Household Natural Gas Distribution Market Size, Growth Rate, And Forecast
The global household natural gas distribution market size is expected to grow from $169.49 billion in 2022 to $179.20 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. 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 global household natural gas distribution market size is expected to reach $223 billion in 2027 at a CAGR of 5.6%.
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Household Natural Gas Distribution Market Drivers
The rising demand for natural gas is expected to propel the growth of the household natural gas distribution market going forward. Natural gas refers to a naturally occurring mixture of gaseous hydrocarbons, mainly methane but also including a number of other higher alkanes in smaller amounts. In household application, natural gas is used to heat a home and supply the energy source for cooking, clothes drying, and water heating using it with the appropriate appliances. The rise in applications of for natural gas for household purposes will increase the demand for sehold natural gas distribution services, and will propel the growth of market.
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Household Natural Gas Distribution Market Segments
• By Type: Pipelines, LNG Vessels
• By Type of Operator: Public Operator, Private Operator
• By Source: Conventional Gas, Unconventional Gas
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the household natural gas distribution market.
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Household Natural Gas Distribution Market Key Players
Major competitors in the household natural gas distribution market include Eni S p A, Chevron Corporation, Royal Dutch Shell Plc, BP Plc, PJSC Lukoil Oil Company, ExxonMobil Corporation, Saudi Arabian Oil Group, PJSC Gazprom, Tokyo Gas Co Ltd, Osaka Gas Co Ltd., Centrica plc, Williams Companies Inc., Sempra Energy, China National Petroleum Corporation.
The Business Research Company's "Global Household Natural Gas Distribution Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Household Natural Gas Distribution Market Include:
1. Executive Summary
2. Household Natural Gas Distribution Market Characteristics
3. Household Natural Gas Distribution Market Trends And Strategies
4. Household Natural Gas Distribution Market - Macro Economic Scenario
5. Household Natural Gas Distribution Market Size And Growth
……
26. Africa Household Natural Gas Distribution Market
27. Household Natural Gas Distribution Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Household Natural Gas Distribution Market
29. Household Natural Gas Distribution Market Future Outlook and Potential Analysis
30. Appendix
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