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June 8, 2020, 2:55 a.m. EDT

Natural Gas Market Exhibit a Steady 4.41% CAGR by 2024: Including Market Trends, Business Outlook, Future Opportunities, Market Size & Growth | 360 Research Reports

360 Research Reports Adds "GLOBAL NATURAL GAS MARKET (VALUE, VOLUME) - ANALYSIS BY PRICE (VALUE, MID, PREMIUM), MARKET SHARE, DISTRIBUTION CHANNEL, BY REGION, BY COUNTRY (2020 EDITION): MARKET INSIGHT, COMPETITION AND FORECAST (2020-2024)" Global Natural Gas Market 2020 Research Report is an accomplished and comprehensive report on the Natural Gas industry. The Natural Gas Market Report observes the key trends and market drivers in the current scenario and offers on-the-ground insights.

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Jun 08, 2020 (The Expresswire) -- ""Final Report will add the analysis of the impact of COVID-19 on this industry.""

Global Natural Gas Market 2020 report is a capable and inside and out research report on the world's major economic situations, producers with best statistical data points, definition, expert conclusions and the most recent improvements over the globe. The Report likewise figure the market size, Sales, Price, Revenue, Gross Margin and Market Share, cost structure and development rate. The report considers the income produced from the deals of This Report and advancements by different application fragments.

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT - REQUEST SAMPLE

Global Natural Gas Market: About this market

Natural gas market analysis considers sales from conventional and unconventional resource types. Our study also finds the sales of natural gas in APAC, Europe, MEA, North America, and South America. In 2019, the conventional segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising demand for natural gas and increasing investments in the upstream sector will play a significant role in the conventional segment to maintain its market position. Also, our global natural gas market report looks at factors such as rising investments in upstream projects, increasing focus on unconventional exploration and production activities, and growing demand for natural gas. However, volatility in oil and gas prices, environmental concerns related to drilling, and change in energy mix may hamper the growth of the natural gas industry over the forecast period.

Natural Gas Market Top Player Analysis:

  • BP Plc

  • Chevron Corp.

  • ConocoPhillips Co.

  • Eon Mobil Corp.

  • PetroChina Co. Ltd.

  • PJSC Gazprom

  • Royal Dutch Shell Plc

  • Saudi Arabian Oil Co.

  • Suncor Energy Inc.

  • and TOTAL SA.

Request a sample copy of Natural Gas Market Report @ https://www.360researchreports.com/enquiry/request-sample/15066032

The Natural Gas Market report presents the worldwide Natural Gas market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2024), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Global Natural Gas Market: Overview

  • Rising investments in upstream projects

  • The growing population and industrial development have been increasing the demand for energy across the world. Therefore, many countries are exploring untapped oil and gas resources using technological advances in the oil and gas industry. Moreover, the production of oil and natural gas is declining from several conventional oilfields. To address this issue and maximize the revenue from such oilfields, oil and gas operators are increasing investments in mature oil and gas fields. Such increasing investments in the upstream oil and gas sector across the world will lead to the expansion of the global natural gas market at a CAGR of about 5% during the forecast period.

  • Commoditization of LNG

  • An increase in the demand for LNG and a rise in its supply is essential for the growth of this commodity market. The growing diversity in the LNG contract terms among the producers and buyers is leading to an increase in the number of floating liquefaction and regasification plants, as well as to the rising liquidity of tradable LNG, thereby commoditizing LNG. Hence, the global LNG market is eventually transitioning toward a more transparent, efficient, and liquid market. The economic viability of the LNG form of natural gas makes it highly preferred for transporting over long distances. The reduced prices of LNG have increased its use, driving the shift from coal to natural gas. Hence, the commoditization of LNG has increased LNG trading activities and benefitted vendors. This development is expected to have a positive impact on the overall market growth.

  • For the detailed list of factors that will drive the global natural gas market during the forecast period 2020-2024, click here.

Competitive Landscape

  • With the presence of several major players, the global natural gas market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading natural gas manufacturers, that include BP Plc, Chevron Corp., ConocoPhillips Co., Eon Mobil Corp., PetroChina Co. Ltd., PJSC Gazprom, Royal Dutch Shell Plc, Saudi Arabian Oil Co., Suncor Energy Inc., and TOTAL SA.

  • Also, the natural gas market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Enquire before purchasing this report @ https://www.360researchreports.com/enquiry/pre-order-enquiry/15066032

Target Audience:

  • Natural Gas Equipment and Technology Providers

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