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Natural Gas Market ppt

Natural gas is a mixture of several hydrocarbons majorly accounting for 90% of methane<br>with other hydrocarbons such as ethane, propane, and others. Usually, fewer amounts of<br>nitrogen, hydrogen sulfide, helium, carbon dioxide, and other hydrocarbon are also<br>present in natural gas.

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Natural Gas Market ppt

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  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 Charts:83

  2. Top Impacting Factors: • The Natural Gas Market size was valued at $300.4 billion in 2021, and is projected to reach$424.7 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 Charts:83

  3. 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 Charts:83

  4. 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 Charts:83

  5. Global Natural Gas Market Outlook (2021– 2031) • 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 • Pages: 260 Tables: 126 Charts:83

  6. Global Natural Gas Market Outlook (2021– 2031) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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