Natural Gas Distribution Global Market Sees Growth Rate Of 11% Through 2022

The global natural gas distribution market size is expected to grow from $818.70 billion in 2021 to $905.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The growth in the natural gas distribution market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The natural gas distribution market is expected to reach $1,320.13 billion in 2026 at a CAGR of 9.9%.

What is the Global Natural Gas Distribution Market?

The natural gas distribution market consists of sales of natural gas by entities (organizations, sole traders and partnerships) that operate gas distribution systems (e.g., mains, meters) including gas marketers that buy gas from the well and sell it to a distribution system, gas brokers or agents that arrange the sale of gas over gas distribution systems operated by others and establishments that transmit and distribute gas to final consumers. The natural gas distribution is segmented into industrial and commercial natural gas distribution and household natural gas distribution.

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What drives the Global Natural Gas Distribution Market?

Companies in the natural gas distribution market are using alternate modes of natural gas transportation for the delivery of natural gas through land. Natural gas is transported mostly through pipes or through shipping vessels. However, companies are now exploring the use of railroads for the delivery of natural gas. Transporting natural gas through rails might allow the companies to expand its reach to remote industrial areas. Following the trend, the U.S Pipeline and Hazardous Materials Safety Administration approved the New Fortress Energy 's plan to transport natural gas from Pennsylvania’s Marcellus Shale by train for about 175 miles to South Jersey, U.S.

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Global Natural Gas Distribution Market Segments
The global natural gas distribution market is segmented:
By Type: Industrial And Commercial Natural Gas Distribution, Household Natural Gas Distribution
By Type of Operator: Public Operator, Private Operator
By Geography: The regions covered in the natural gas distribution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Eastern Europe accounts for the largest share in the global natural gas distribution market.

Natural Gas Distribution Global Market Report 2022provides market size and growth forecasts for the global natural gas distribution market, global natural gas distribution market share, natural gas distribution market segments and geographies, natural gas distribution market competitive landscape including leading competitors’ revenues, profiles and market shares. The natural gas distribution market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Natural Gas Distribution Industry Playersinclude Uniper, Centrica plc, Eni S.p.A., E. ON SE, Chubu Electric Power, Engie, Tokyo Gas, Polish Oil and Gas Co (PGNiG) SA, OSAKA GAS CO, and National Grid Plc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.