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Natural gas is a mixture of several hydrocarbons majorly accounting for 90% of methane with other hydrocarbons such as ethane, propane, and others. Usually, fewer amounts of nitrogen, hydrogen sulfide, helium, carbon dioxide, and other hydrocarbon are also present in natural gas.
Natural Gas Market ppt
Natural Gas Market by Type, by
Application: Global
Opportunity Analysis and
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Pages: 260 Tables: 126 Charts:83
Global Natural Gas Market Outlook (2021 – 2031)
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.
Pages: 260 Tables: 126 Charts:83
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
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. Pages: 260 Tables: 126 Charts:83
• In 2021, Europe dominated the global natural gas market with more than 37.0%
of the share, in terms of revenue.
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
Global Natural Gas Market Outlook (2021– 2031)
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