Global Industrial And Commercial Natural Gas Distribution Market Overview And Prospects – Includes Industrial And Commercial Natural Gas Distribution Market Size
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The global industrial and commercial natural gas distribution market is expected to grow from $608.17 billion in 2021 to $657.16 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The global industrial and commercial natural gas distribution market size is expected to grow to $756.34 billion in 2026 at a compound annual growth rate (CAGR) of 3.6%.
The growth in the industrial and commercial natural gas distribution market is due to the higher disposable income and rising demand from commercial customers.
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The industrial and commercial natural gas distribution market consists of sales of industrial and commercial natural gas distribution by entities (organizations, sole traders, and partnerships) that are used to operate gas distribution systems. Industrial and commercial natural gas refers to natural gas used for industrial and commercial purposes such as steam generation, metal casting, metal tempering, electricity generation, and as a fuel for commercial vehicles.
Global Industrial And Commercial Natural Gas Distribution Market Segments Include:
By Type: Industrial Natural Gas Distribution, and Commercial Natural Gas Distribution
By Source: Associated Gas, Non Associated Gas, Unconventional Sources
By End User: Light Duty Vehicles, Medium or Heavy Duty Buses, Medium or Heavy Duty Trucks
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global industrial and commercial natural gas distribution market in 2021.
The establishment of new city gas distribution plants is the key trend gaining popularity in the industrial and commercial natural gas distribution market. Major companies operating in the market are introducing gas distribution plants in every city to sustain their position in the market.
TBRC’s Industrial And Commercial Natural Gas Distribution Market Report Covers:
Major Market Players: Gas Natural Sdg SA, Ultrapar Participacoes SA, Air Liquide SA, L`Air Liquide SA, and Korea Gas Corp (KOGAS).
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Industrial And Commercial Natural Gas Distribution Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides industrial and commercial natural gas distribution market overviews, analyzes and forecasts market size, share, industrial and commercial natural gas distribution market players, industrial and commercial natural gas distribution market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s industrial and commercial natural gas distribution market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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