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Recent advancements in exploration and drilling technology have led to a surge in domestic oil and gas production in recent years with economic and geopolitical implications. Relatively long and higher-pressure transmission pipelines allow greater economies of scale in the delivery of gas from remote sources of supply to consuming markets.
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Opportunity Analysis and Industry Forecast, 2016-2023 Dry Natural Gas Market by Source by End Use Global Opportunity Analysis and Industry Forecast, 2021-2031 • Pages: 356 Tables: 108 Charts: 73
Globa Dry Natural Gas Market Outlook (2021– 2031) • Top Impacting Factors: • The global Dry natural gas market size was valued at $0.7 trillion in 2021, and is projected to reach $1.4 trillion by 2031, growing at a CAGR of 7.7% from 2022 to 2031. • Natural gas is predominantly methane with smaller amounts of ethane, propane, butanes, pentanes, and heavier hydrocarbons. • Dry gas is obtained by extracting moisture from natural gas. It comprises of processes such as use of pressure reduction, gravity separation, and emulsion “breaking” techniques. • By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • Pages: 356 Tables: 108 Charts: 73
Global Dry Natural Gas Market Outlook (2021 – 2031) • In addition, the Indian government authorized $774 million in January 2020 for an onshore natural gas pipeline network in the northeast region as a component of a national gas grid being constructed to connect distant areas of the nation. • The 1,656 km pipeline is estimated to cost up to $1.15 billion and is expected to be completed by 2023. In 2012, production of gas in U.S. shifted to the Eagle Ford Basin in South Texas and the Marcellus Basin in Ohio and Pennsylvania • According to analysis by the Office of Energy Policy and Systems Analysis (EPSA) of the Department of Energy (DOE), the Northeast (Marcellus and Utica) witnessed the fastest production by 2030. . • Pages: 356 Tables: 108 Charts: 73
Key Findings of Global Smart Well Market: • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dry natural gas market from 2021 to 2031 to identify the prevailing dry natural gas market opportunities. • The market research is offered along with information related to key drivers, restraints, and opportunities. • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. • In-depth analysis of the dry natural gas market segmentation assists to determine the prevailing market opportunities. • Major countries in each region are mapped according to their revenue contribution to the global market. • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.. Global Dry Natural Gas Market Outlook (2021– 2031) • Pages: 356 Tables: 108 Charts: 73
The key players profiled in the report include: • ExxonMobil • Lukoil, • Rosneft • Shell • China National Petroleum Corporation • EQT Corporation • Coterra Energy • Chevron • Southwestern Energy • TotalEnergies Global Dry Natural Gas Market Outlook (2021– 2031) • Pages: 356 Tables: 108 Charts: 73
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