Future Outlook of the Household Natural Gas Distribution Market: Growth, Trends, and Emerging Opportunities Explored
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How has the household natural gas distribution market grown in recent years?
The domestic natural gas distribution market has seen robust growth in recent years. Its size is projected to rise from $209.49 billion in 2024 to $223.62 billion in 2025, resulting in a compound annual growth rate (CAGR) of 6.7%. This growth experienced in the past can be linked to factors such as urbanization trends, rising population, concerns about energy efficiency, government policies and incentives, and consumer preferences.
How is the household natural gas distribution market size expected to evolve during the forecast period?
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Which key drivers are propelling the household natural gas distribution market’s growth?
The growth of the household natural gas distribution market is projected to be fuelled by an increasing demand for natural gas. A compound mixture of gaseous hydrocarbons, mainly methane, along with other higher alkanes, natural gas naturally comes into existence. It finds application in domestic use for home heating, cooking, clothes drying, and water heating with suitable devices. This surge in the use of natural gas for domestic needs is likely to boost the demand for natural gas distribution services, promoting market growth. For instance, data from the US Energy Information Administration in May 2022 revealed that the United Kingdom had produced 934,000 barrels per day (b/d) in total liquid fuels and 1.1 trillion cubic feet (Tcf) of natural gas in 2021. Hence, the escalating demand for natural gas is stimulating the expansion of the household natural gas distribution market.
What are the market segments in the household natural gas distribution industry?
The household natural gas distribution market covered in this report is segmented –
1) By Type: Pipelines, LNG Vessels
2) By Type of Operator: Public Operator, Private Operator
3) By Source: Conventional Gas, Unconventional Gas
Subsegments:
1) By Pipelines: Transmission Pipelines, Distribution Pipelines, Gathering Pipelines
2) By LNG Vessels: LNG Carrier Ships, LNG Storage Vessels, Floating Storage And Regasification Units (FSRUs)
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Which leading companies are shaping the growth of the household natural gas distribution market?
Major companies operating in the household natural gas distribution market include China Petroleum & Chemical Corporation, PetroChina Company Limited, China National Petroleum Corporation, PJSC Gazprom, Centrica plc, Tokyo Gas Co. Ltd., Osaka Gas Co. Ltd., Sempra Energy, Williams Companies Inc., Southwest Gas Corporation, Atmos Energy Corporation, New Jersey Resources Corporation, South Jersey Industries Inc., ONE Gas Inc., WGL Holdings Inc., National Fuel Gas Company, Spire Inc., Chesapeake Utilities Corporation, UGI Corporation, Northwest Natural Holding Company, CentralPoint Energy Inc.
What key trends are currently impacting the household natural gas distribution market’s development?
Notable participants in the household natural gas distribution market comprise of China Petroleum & Chemical Corporation, PetroChina Company Limited, China National Petroleum Corporation, PJSC Gazprom, Centrica plc, Tokyo Gas Co. Ltd., Osaka Gas Co. Ltd., Sempra Energy, Williams Companies Inc., Southwest Gas Corporation, Atmos Energy Corporation, New Jersey Resources Corporation, South Jersey Industries Inc., ONE Gas Inc., WGL Holdings Inc., National Fuel Gas Company, Spire Inc., Chesapeake Utilities Corporation, UGI Corporation, Northwest Natural Holding Company, CentralPoint Energy Inc.
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Which geographic areas are influencing the growth of the household natural gas distribution market?
Asia-Pacific was the largest region in the household natural gas distribution market in 2024. The regions covered in the household natural gas distribution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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