Natural gas distribution market size by 2031 (2023)

The MarketWatch News Department was not involved in the creation of this content.

April 07, 2023 (The Expresswire) --The latest market research report on the "Natural Gas Distribution MarketIt is segmented by regions, countries, companies, and other segments. The global Natural Gas Distribution market is dominated by leading players such as[Oneok Inc., Southern Co., National Grid Plc., Kinder Morgan Inc., Dominion Energy Inc., Sempra Energy, Williams Companies Inc., Enel SpA, TC Energy Corporation, Enbridge Inc.]these players adopted various strategies to increase their market penetration and strengthen their position in the sector. Interested parties and other participants in the global Natural Gas Distribution market will be able to gain an advantage by using the report as a powerful resource for their business needs.

What is the growth of the Natural Gas Distribution market?

The natural gas distribution market size is projected to reach multi-billion USD by 2031, compared to 2023, at an unexpected CAGR over the 2023-2031 forecast period.

Explore detailed TOC, charts and figures with charts spread over 115 pages providing exclusive data, perspectives, vital statistics, trends and details of the competitive landscape in this niche industry.

non-client focus

1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Natural Gas Distribution market?

Yes. Since COVID-19 and the Russia-Ukraine war are deeply affecting the global supply chain relationship and commodity pricing system, we definitely take them into account throughout the investigation, and in the chapters we elaborate in detail the impact of the pandemic and the war in the natural gas distribution industry

The final report will add an analysis of the impact of the Russia-Ukraine War and COVID-19 on this natural gas distribution industry.


This research report is the result of an extensive primary and secondary research effort into the natural gas distribution market. It provides a comprehensive overview of current and future market objectives, along with competitive industry analysis broken down by application, type, and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. The research uses a variety of methodologies and analyzes to ensure accurate and complete information about the natural gas distribution market.

What are the key factors driving the global Natural Gas Distribution market?

growing demand for[Industrial, Electrical Sector, Residential and Commercial Buildings, Transportation]worldwide had a direct impact on the growth of Natural Gas Distribution

The Natural Gas Distribution segments and market sub-section are highlighted below:

According to the types of products, the market is classified into[Compressed Natural Gas (CNG), Pipeline Natural Gas (PNG)]which held the highest market share in Natural Gas Distribution in 2022.

Get a sample PDF of the report -

Natural Gas Distribution Market - Competitive Analysis and Segmentation:

2. How do you determine the list of key stakeholders included in the report?

(Video) Natural Gas 101

In order to clearly reveal the competitive situation of the industry, we take a concrete look at not only the leading companies that have a voice on a global scale, but also the regional small and medium-sized companies that play important roles and have a lot of growth. potential.

Brief description of the natural gas distribution market:

The global Natural Gas Distribution market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2031. In 2021, the market is growing at a steady rate and with increased adoption of strategies by major actors, you can be sure that the market exits on the projected horizon.

Natural gas distribution market revenue was in the millions of dollars in 2016, grew to millions of dollars in 2020, and will reach several million dollars in 2026, with an impressive CAGR during 2020-2026.

North America, especially the United States, will continue to play an important role that cannot be ignored. Any change in the United States may affect the development trend of Natural Gas Distribution. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of major players in this region are likely to create ample growth opportunities for the market.

Europe also plays an important role in the global market, with magnificent growth in CAGR over the forecast period 2022-2029.

The natural gas distribution market size is projected to reach multi-billion dollars by 2029, compared to 2022, at an unexpected CAGR during 2022-2029.

Despite the presence of intense competition, as the global recovery trend is clear, investors are still optimistic about this area, and there will still be more new investment entering the field in the future.

This report focuses on the Natural Gas Distribution in the global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type, and application.

The report focuses on the Natural Gas Distribution market size, segment size (mainly covering product type, application, and geography), competition landscape, recent status, and development trends. Additionally, the report provides detailed supply chain and cost analysis.

Innovation and technological advancement will further optimize the performance of the product, making it more widely used in downstream applications. In addition, the analysis of consumer behavior and market dynamics (drivers, constraints, opportunities) provide crucial information to understand the natural gas distribution market.

Get a sample copy of the 2023 Natural Gas Distribution Report

3.What are your main sources of data?Both primary and secondary data sources are used during report compilation.

Primary sources include extensive interviews with key thought leaders and industry experts (such as experienced frontline employees, directors, CEOs, and marketing executives), downstream distributors, and end users. Secondary sources include researching the annual and financial reports of major companies, public records, new newspapers, etc. We also cooperate with some third party databases.

Geographically, the chapters cover the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2027) of the following regions:

● North America (United States, Canada and Mexico)

(Video) Why we need to ditch natural gas (asap)

● Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)

● Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, the Philippines, Malaysia, and Vietnam)

● South America (Brazil, Argentina, Colombia, etc.)

● Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)

This Natural Gas Distribution Market Research/Analysis Report Contains Answers to Your Following Questions

● What are the global Natural Gas Distribution market trends? Would the market witness a rise or fall in demand in the coming years?

● What is the estimated demand for the different types of products in the Natural Gas Distribution? What are the upcoming applications and market trends for the Natural Gas Distribution Market?

● What are the projections for the global natural gas distribution industry considering capacity, production and production value? What will be the estimated cost and profit? What will be the market share, supply and consumption? What about import and export?

● Where will strategic developments lead the industry in the medium and long term?

● What are the factors that contribute to the final price of Natural Gas Distribution? What are the raw materials used in the manufacture of Natural Gas Distribution?

● How big is the opportunity for the natural gas distribution market? How will the increasing adoption of natural gas distribution for mining affect the overall growth rate of the market?

● How much is the global Natural Gas Distribution market worth? What was the market value in 2020?

● Who are the key players operating in the Natural Gas Distribution market? Which companies are the pioneers?

● What are the recent industry trends that can be implemented to generate additional revenue streams?

● What should be the entry strategies, economic impact countermeasures, and marketing channels for the natural gas distribution industry?

Report customization

Can I modify the scope of the report and customize it according to my needs?

(Video) Lubricants Market | Global Industry Report, 2031

Si. Multi-dimensional, deep-level, high-quality customized requirements can help our customers accurately seize market opportunities, effortlessly meet market challenges, formulate market strategies properly, and act promptly, to gain enough time and space for competition in the market.

Learn more and share questions, if any, prior to purchase in this report at:

Detailed TOC of Global Natural Gas Distribution Market Information and Forecasts to 2031

main index points

Global Natural Gas Distribution Market Research Report 2023-2031 by Manufacturers, Regions, Types and Applications

1. Introduction
1.1 Purpose of the study
1.2 Market definition
1.3 Scope of the market
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Main regions covered (North America, Europe, Asia Pacific, Middle East and Africa)
1.4 years considered for the study (2015-2031)
1.5 Currency considered (US dollar)
1.6 Interested parties

2 Main conclusions of the study

3 Market dynamics
3.1 Drivers of this market
3.2 Factors that challenge the market
3.3 Global Natural Gas Distribution Market Opportunities (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and market evolution in the natural gas distribution market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Strategic Recommendations Market Investment Scenario Analysis

4 Distribution of natural gas Market value chain

4.1 Situation of the Value Chain
4.2 Upstream Raw Materials Analysis
4.3 Analysis of the main intermediary companies (by manufacturing base, by product type)
4.4 Distributors/Traders
4.5 Analysis of Major Downstream Customers (by Region)

5 Global Natural Gas Distribution Market Segmentation by Type
6 Global Natural Gas Distribution Market Segmentation by Application

7 Global Natural Gas Market Segmentation by Marketing Channels
7.1 Traditional Marketing Channel (Offline)
7.2 Online channel

8 Competitive Intelligence Company Profiles

9 Geographical Segmentation of Global Natural Gas Distribution Market

9.1 North America
9.2 Europa
9.3 Asia-Pacific
9.4 Latin America

(Video) This Natural Gas Plant Has Achieved Zero Emissions

9.5 Middle East and Africa

10 Future Predictions of the Global Natural Gas Distribution Market from 2023 to 2031

10.1 Global Natural Gas Distribution Market Forecast from 2023 to 2031, Segment by Region
10.2 Global Natural Gas Distribution Production and Growth Rate Forecast by Type (2023-2031)
10.3 Global Natural Gas Distribution Consumption and Forecasted Growth Rate by Application (2023-2031)

11 Appendix
11.1 Methodology
12.2 Source of research data


Buy this report (price 4000 USD for a single user license) -

About us:

Precision Reports is the trusted source for market reports that will provide the leadership your business needs. At Precision Reports, our goal is to provide a platform for many top-tier market research companies around the world to publish their research reports, as well as help decision makers find market research solutions. most appropriate under one roof. Our goal is to provide the best solution that exactly matches the customer's requirements. This leads us to provide you with customized or syndicated research reports.

Press release Distributed bythe express wire

To view the original version on The Express Wire, visitNatural gas distribution market size by 2031

Natural gas distribution market size by 2031 (1)


Is there a problem with this press release? Contact your Comtex source supplier You can also contact MarketWatch customer service through ourClient services.

The MarketWatch News Department was not involved in the creation of this content.

(Video) Natural Gas Main & Service Line Replacement with PE Piping


Natural gas distribution market size by 2031? ›

Natural gas is expected to trade at 2.61 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.19 in 12 months time. Natural gas accounts for almost a quarter of United States energy consumption.

What is the trend for natural gas market? ›

Natural gas is expected to trade at 2.61 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.19 in 12 months time. Natural gas accounts for almost a quarter of United States energy consumption.

What is the natural gas projection for 2023? ›

Natural gas prices.

With inventories remaining above the five-year average in 2023, we expect natural gas prices to average less than $3.00/MMBtu for 2023, a more than 50% decrease from last year.

What is the size of the gas market globally? ›

The global natural gas market size will grow from $955.74 billion in 2022 to $1025.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.

What is the LNG demand forecast for 2025? ›

Total demand is projected to reach around 450 million metric tons, of which 326 million tons is driven by markets in Asia Pacific.

What is the size of the U.S. natural gas market? ›

The market size, measured by revenue, of the Natural Gas Distribution industry is $216.9bn in 2023.

Is demand for natural gas increasing? ›

In the News:

Overall, natural gas production increased 5.5%, or 5.2 billion cubic feet per day (Bcf/d), compared with the 2021–22 heating season, while U.S. natural gas consumption increased 1.7% (1.6 Bcf/d) over the same period, according to data from S&P Global Commodity Insights.

What is the future outlook for natural gas? ›

Anticipating growing US natural gas production that will top prior highs, the US Energy Information Administration scaled back its near-term natural gas price forecasts, expecting Henry Hub spot prices will average $4.90/MMBtu in 2023, down from $6.42/MMBtu in 2022.

What will gas be in 2030? ›

Gas Price Prediction 2030
YearsAvg PriceLowest Price
January 2030$14.78$13.75
February 2030$15.14$14.08
March 2030$15.49$14.41
April 2030$15.85$14.74
8 more rows

What will natural gas prices be in 2025? ›

Fitch Rating's long-term natural gas price forecast on 5 December expected Henry Hub to average $2.75 per 1,000 cubic feet (Mcf) and Dutch TTF to average $5.0/Mcf in 2026 and beyond, dropping from $3/MMBtu and $10/MMBtu in 2025 respectively.

What is the global gas & LNG market outlook to 2030? ›

Their forecast called for global LNG demand to reach 575 Mt/y in 2030, an increase of 55% from current levels.

What is the market size for fuel distribution? ›

The market size, measured by revenue, of the Fuel Dealers industry is $55.8bn in 2023. What is the growth rate of the Fuel Dealers industry in the US in 2023? The market size of the Fuel Dealers industry is expected to decline -6% in 2023.

Who is the worlds largest gas distributor? ›

Russia. As the largest exporter and the next largest producer of natural gas in the world, Russia also holds the biggest-known natural gas reserves on the planet. The country's state-owned energy group Gazprom reportedly holds a 16.3 percent share of global natural gas reserves.

What will LNG export capacity be in 2030? ›

In total, East Daley forecasts nearly 30 Bcf/d of export capacity by 2030. Assuming 90% utilization, we expect 26.7 Bcf/d of LNG exports by 2028, a 260% increase over recent volumes.

What is the long term future of natural gas? ›

In our forecast, U.S. natural gas production averages 100.9 Bcf/d for 2023, 3% more than in 2022. However, if production were to increase by more than our forecast, it could put downward pressure on natural gas prices.

What is the global LNG industry outlook to 2023? ›

Global LNG outlook for 2023 can remain strong but LNG demand growth will eventually decline, but not until 2030 – when Europe's decarbonisation and energy security policies take effect. It's not a good sign for the global LNG industry.

Is U.S. natural gas production declining? ›

US gas production growth outlook in 2023 dims amid falling IRRs, slower rig activity. Falling internal rates of return for dry gas producers and a faltering rig count could mean slower-than-expected growth in US natural gas production this year as producers adapt to a weaker market outlook in 2023.

What is the lot size of natural gas in commodity market? ›

Natural gas, another commodity in the energy market segment is also getting mini futures contracts from 14 March 2023., with a lot size of 250 MMBtu (20% of 1,250 MMBtu for its larger counterpart). The tick size is INR 0.1 and the maximum order that can be placed is 60,000 MMBtu (240 contracts).

Is U.S. largest natural gas exporter? ›

In this article

The US tied Qatar as the world's top exporter of liquefied natural gas last year, a milestone for the meteoric rise of America as a major supplier of the fuel. Both countries exported 81.2 million tons in 2022, according to ship-tracking data compiled by Bloomberg.

What is the global LNG demand forecast? ›

The wave will likely crest in 2026, with the addition of 64 million metric tons of annual liquefaction capacity—the most in the history of the global LNG industry. The supply additions will boost global liquefaction capacity by roughly 13% in a single year.

Does natural gas have a future? ›

Global gas demand is expected to rise by 3.6% in 2021 before easing to an average growth rate of 1.7% over the following three years, according to the IEA's latest quarterly Gas Market Report, which also provides a new medium-term forecast. By 2024, demand is forecast to be up 7% from 2019's pre-Covid levels.

How long will the natural gas industry last? ›

Assuming the same annual rate of U.S. dry natural gas production in 2021 of about 34.52 Tcf, the United States has enough dry natural gas to last about 86 years. The actual number of years the TRR will last depends on the actual amount of dry natural gas produced and on changes in natural gas TRR in future years.

What are the 3 biggest uses of natural gas? ›

The residential sector uses natural gas to heat buildings and water, to cook, and to dry clothes. About half of the homes in the United States use natural gas for space heating and water heating.

Will natural gas prices go down in 2024? ›

The U.S. natural gas market is predicted to be oversupplied this year from a warmer-than-normal start to the year and declining demand, which are likely to suppress prices into 2024.

What will natural gas prices be in 2030? ›

Will natural gas prices go up? According to Deloitte's forecast, gas prices could rise to an average of $6.35/Mcf in 2040, from an average of $5.40 in 2030. Remember, analysts' forecasts can be wrong. Always do your research before making any investment decisions.

What will happen to gas stations after 2035? ›

California's shift away from gas-powered vehicles could mean as many as 80 percent of gas stations would be unprofitable by 2035. The state has some 250,000 station owners and employees.

Will gas run out in 5 years? ›

Conclusion: how long will fossil fuels last? It is predicted that we will run out of fossil fuels in this century. Oil can last up to 50 years, natural gas up to 53 years, and coal up to 114 years.

How high will US natural gas prices go? ›

The firm said it now expects gas prices to average slightly more than $3/MMBtu in 2023, “down sharply from our previous expectations that gas prices would remain above $4.50/MMBtu.”

What is the long term outlook for natural gas prices? ›

The agency projected Henry Hub gas prices would average $3.40/MMBtu for full-year 2023 and $4.04/MMBtu in 2024, down from the previous month's estimates of $4.90/MMBtu in 2023 and $4.80/MMBtu in 2024. EIA's 2023 Henry Hub price outlook is down almost 50% from 2022 average prices of $6.42/MMBtu, the STEO said.

What is the outlook for natural gas in 2040? ›

U.S. consumption of natural gas is projected to rise from 28 trillion cubic feet (Tcf) in 2015 to 34 Tcf in 2040, an average increase of about 1% annually, according to EIA's Annual Energy Outlook 2016 (AEO2016) Reference case.

Who is the largest fuel distributor in the US? ›

Sunoco LP is one of the largest independent fuel distributors in the United States, providing motor fuel to convenience stores, independent dealers, commercial customers and distributors in more than 33 states and growing.

How big is the distribution industry? ›

The global industrial distribution market size was accounted at USD 7.72 trillion in 2022 and it is expected to reach around USD 11.93 trillion by 2032.

Who are the largest wholesale fuel distributors in the US? ›

Petroleum Traders is the largest pure wholesale fuel supplier in the United States.

Who is the largest US producer of natural gas? ›

Largest Natural Gas Companies
  1. BP. Annual revenue: $164.19 Billion. ...
  2. EQT. Annual revenue: $3.06 Billion. ...
  3. Southwestern Energy Company. Annual revenue: $6.67 Billion. ...
  4. Antero Resources. Annual revenue: $4.62 Billion. ...
  5. Exxon Mobil. Annual revenue: $285.64 Billion. ...
  6. Ascent Resources. Annual revenue: $1.20 Billion. ...
  7. Range Resources. ...
  8. Chevron.
Jan 31, 2023

Who is the largest natural gas distribution utility? ›

About SoCalGas®

As the nation's largest natural gas distribution utility, we deliver increasingly clean, safe and reliable energy to 21.1 million consumers through 5.9 million meters in more than 500 communities.

What are the top 3 producers of natural gas? ›

Natural gas is a fossil fuel that is found beneath the Earth's surface or it can be produced in a process called fracking. Top producers include the United States, Russia, and China. Gazprom is the largest natural gas producer with more than 18 trillion cubic feet in 2021.

What is the future of natural gas prices? ›

In our January Short-Term Energy Outlook (STEO), we forecast the natural gas spot price at the U.S. benchmark Henry Hub will average $4.90 per million British thermal units (MMBtu) in 2023, more than $1.50/MMBtu lower than the 2022 average.

What is the gas price trend prediction? ›

Will Gas Prices Go Up or Down in the Future? Future gas prices depend on a number of factors that aren't easy to predict, but as a benchmark, the U.S. Energy Information Administration released predictions for lower gas prices, averaging $3.32 per gallon in 2023 and $3.09 per gallon in 2024 for regular gasoline.

What is the future price target for natural gas? ›

Stock price target for NATURAL GAS NATURALGAS are 172.3 on downside and 190.6 on upside.
Tomorrow Target 1168.1
Tomorrow Target 2176.5
Tomorrow Target 3186.4
Tomorrow Target 4194.8
Tomorrow Target 5204.7

What is the price trend for natural gas in the US? ›

Henry Hub Natural Gas Spot Price is at a current level of 2.02, down from 2.04 the previous market day and down from 5.52 one year ago. This is a change of -0.98% from the previous market day and -63.41% from one year ago. The Henry Hub Natural Gas Spot Price measures the price in US Dollar per 1 Million Btu.

What will gas prices be in 2030? ›

Gas Price Prediction 2030
YearsAvg PriceLowest Price
January 2030$14.64$13.61
February 2030$14.99$13.94
March 2030$15.34$14.26
April 2030$15.68$14.59
8 more rows

Will natural gas prices go down in 2023? ›

Expected 2023 natural gas prices are around 44% lower than forward market expectations in December,” Moody's said. That has resulted in 2023 expected power prices more than 40% lower than 2022 in some regions, according to the research note which cited S&P Global Market Intelligence data.

How long will natural gas prices stay high? ›

“With fewer wells, you have less production,” he said. Although the nosebleed level of natural gas prices now may prove an anomaly, both the California Air Resources Board and the California Energy Commission expect average natural gas prices to trend higher at least through 2030.

How much will gas be in 2029? ›

Gas's Long Term Price Prediction
YearsAvg PriceLowest Price
8 more rows

Why are natural gas prices falling in us? ›

Global natural gas prices tumbled in the second half of 2022, from the heights reached in August. Unseasonably warm weather, improved energy efficiency, and behavioral changes in gas consumption contributed to the decline.

Why are U.S. natural gas prices soaring? ›

High demand: Unusually cold weather has pushed Californians to throttle their thermostats. Low supply: Infrastructure repairs in Texas and high gasoline demand in Canada resulted in fewer imports to California, which gets almost 90% of its natural gas from out of state.

Why are natural gas prices surging? ›

They attribute the historic prices to a combination of things: widespread below-average temperatures, high consumption, reduced natural gas flows, and pipeline constraints. Rising natural gas prices, which are passed through at-cost directly to utility customers, are running about five times higher than last January.


1. NWGA Webinar Understanding the 2015 Outlook
(Northwest Gas Association)
2. ERRA LNG Webinar on Regulation of Supply and Terminals
(Energy Regulators Regional Association ERRA)
3. The End of Oil, Explained | FULL EPISODE | Vox + Netflix
4. The journey of natural gas
(Santos GLNG)
5. How Dying Gas Wells Are Making One Company Rich
(Bloomberg Originals)
6. The Future Of Natural Gas - The role of Methane in a clean energy system
(Electrify Now)


Top Articles
Latest Posts
Article information

Author: Maia Crooks Jr

Last Updated: 07/10/2023

Views: 5539

Rating: 4.2 / 5 (43 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Maia Crooks Jr

Birthday: 1997-09-21

Address: 93119 Joseph Street, Peggyfurt, NC 11582

Phone: +2983088926881

Job: Principal Design Liaison

Hobby: Web surfing, Skiing, role-playing games, Sketching, Polo, Sewing, Genealogy

Introduction: My name is Maia Crooks Jr, I am a homely, joyous, shiny, successful, hilarious, thoughtful, joyous person who loves writing and wants to share my knowledge and understanding with you.