Natural Gas and LNG Market Grow at a CAGR of 5.06% by 2025: Top Key Players are Petronet LNG limited, Royal Dutch Shell PLC, Chevron Corporation, Total S.A., GAIL
India Natural Gas and LNG market is expected to grow from US$ 19.7 billion in 2015 to US$ 30.7 billion by 2025 at a CAGR of 5.06% between 2016 and 2025
Natural gas including R-LNG in India has been widely recognized as the fuel with multiple promising aspects. The present situation of the gas sector in India is going through multiple challenging phase. Due to its high macroeconomic growth visions and increasing population, the country is facing major challenge in terms of growing energy demand and greenhouse gas emission.
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Therefore, the appearance of natural gas is coming into existence with larger force. These situation makes government to take some crucial steps in order to increase consumption of natural gas over other tradition fuels in the gas sector on numerous causes such as domestic gas availability, infrastructure creation, affordability, pricing and government regulations.
Leading key market players mentioned in the report:-
• Petronet LNG limited
• Royal Dutch Shell PLC
• Chevron Corporation
• Total S.A.
• Hindustan Petroleum Corporation Ltd.,
• Mahanagar Gas Pvt. Ltd.,
• Oil and Natural Gas Corporation Ltd.,
• Gujarat Gas Ltd.
• Indraprastha Gas Limited
The report focuses on an in-depth segmentation of this market based on end-user. The end-user segmentation of the report covers five major segments including; fertilizer, power, industrial, City Gas Distribution (CGD), and others. The study focuses upon market of natural gas produced from different on-shore and off-shore ports of country. Among all end-user segments, Power generation sector is the second largest consumer of natural gas in India after the fertilizer industry. However, city gas distribution segment shows large opportunity in the coming years and is expected to grow at highest CAGR in the forecast period from 2016 to 2025.
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
What the report features:-
• Global analysis of Natural Gas and LNG market from 2015 – 2025 illustrating the progression of the market.
• Forecast and analysis of Natural Gas and LNG market by Dosage, Route of Administration and Application from 2015 – 2025
• Forecast and analysis of Natural Gas and LNG market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
This market research report administers a broad view of the Natural Gas and LNG market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Natural Gas and LNG market’s growth in terms of revenue.
The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Natural Gas and LNG market growth during the forecast period. Segmentations of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Dosage, Route of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Natural Gas and LNG market through the segments and sub-segments.
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The report also provides the market size and estimates a forecast from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Natural Gas and LNG market.
The report also analyzes the factors affecting Natural Gas and LNG market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
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