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Natural Gas Pipeline Transport Market Size, Gross Margin Analysis, Opportunities And Trends By Forecast 2032
Natural Gas Pipeline Transport Market
The Business Research Company's Natural Gas Pipeline Transport Global Market Report 2023 identifies increased consumption of natural gas as the major driver for the Natural Gas Pipeline Transport market's growth in the forecast period. Natural gas refers to a type of fossil fuel created from plant and animal remains. Gas is transported by natural gas pipelines to markets, frequently across provincial or international borders to meet the demand; hence, increased consumption of natural gas is expected to boost the natural gas pipeline transport market
The global natural gas pipeline transport market size is expected to grow from $16.42 billion in 2022 to $17.45 billion in 2023 at a compound annual growth rate (CAGR) of 6.22%. 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 natural gas pipeline transport market size is expected to reach $21.27 billion in 2027 at a CAGR of 5.1%.
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Major competitors in the Natural Gas Pipeline Transport market are ABB Ltd., General Electric Company, Saipem S.p.A., Technip Energies N.V., Enterprise Products Partners L.P., Kinder Morgan Inc., Chevron Corporation, PetroChina Company Limited, China Petroleum & Chemical Corporation, Transneft PJSC, Enbridge Inc., Oneok Inc., Berkshire Hathaway Energy, Energy Transfer LP, and Pembina Pipeline Corporation
A key trend in the Natural Gas Pipeline Transport market includes technological advancement. Major companies operating in the natural gas pipeline transport market are focusing on developing new technologies to sustain their position in the market.
Read More On The Global Natural Gas Pipeline Transport Market Report Here:
https://www.thebusinessresearchcompany.com/report/natural-gas-pipeline-transport-global-market-report
The Natural Gas Pipeline Transport market is segmented -
1) By Type: Gathering Pipeline, Transportation Pipeline, Distribution Pipeline
2) By Pipeline Component: Transmission Pipes, Compressor Stations, Metering Stations, Valves
3) By Application: Onshore, Offshore
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Natural Gas Pipeline Transport market.
The Business Research Company's "Global Natural Gas Pipeline Transport Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Natural Gas Pipeline Transport Market Include:
1. Executive Summary
2. Natural Gas Pipeline Transport Market Characteristics
3. Natural Gas Pipeline Transport Market Trends And Strategies
4. Natural Gas Pipeline Transport Market - Macro Economic Scenario
5. Natural Gas Pipeline Transport Market Size And Growth
.......
26. Africa Natural Gas Pipeline Transport Market
27. Natural Gas Pipeline Transport Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Gas Pipeline Transport Market
29. Natural Gas Pipeline Transport Market Future Outlook and Potential Analysis
30. Appendix
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