Global Natural Gas Market Gains From Rising Demand for Clean
According to ChemAnalyst report, “ Global Natural Gas Market Analysis: Industry Market Size, Demand & Supply, End-Use, Sales Channel, Regional Demand, Foreign Trade, Manufacturing Process, and Policy and Regulatory Landscape, 2015-2032,” the market for natural gas across the world is likely to reach 1,85,300 MMBtu by 2032 at an impressive CAGR of 2.80% during the forecast period. The market is expected to gain from the demand for natural gas in the residential and commercial sectors over the forecast period. Natural gas, composed mainly of methane and ethane, is well-known for its environmentally friendly combustion, affordability, and versatility. It finds wide use in electricity generation, residential, commercial, petrochemical, and pharmaceutical sectors. Often found alongside crude oil, it's a vital part of the petroleum industry. Noted for clean burning, flexibility, cost-efficiency, and high effectiveness, natural gas stands out among fossil fuels, playing...