(MENAFNEditorial) iCrowdNewswire - Jul 4, 2018
The GCC Natural Gas Report consists of all the basic information regarding the GCC Natural Gas market. The all-inclusive report will aid users to understand the market current trends, industry growth drivers, share, analysis, size, production, forecast trends, supply, sales, demands, and many other aspects. The analysis is accomplish using an objective amalgamation of primary and secondary data including contributions from major participants in the market. The global GCC Natural Gas report is an essential reserve of data, primarily for the industry administrators.
The prime objective of GCC Natural Gas Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.
GCC Natural Gas Market is predicted to reach over USD 50 Billion by 2024. Stringent government mandates to reduce emissions along with rising concerns pertaining to fossil fuel sustainability will positively influence the GCC natural gas market. In 2016, Saudi Arabia projected the Nationally Determined Contribution (NDC) target that aims to curb 130 metric tons of CO2 per year by 2030.
Increasing focus toward development of non-conventional reservoirs with an aim to minimize dependency on imports will fuel the GCC natural gas Market. Low electricity generation cost, environmental proximity and cost effectiveness will make the product adoption preferable over other alternatives. According to BP energy outlook, natural gas is predicted to witness growth over 60% where total energy utilization is projected to gain over 50% escalation by 2040.
Qatar natural gas market is predicted to surpass 50 million tons by 2024. Positive consumer outlook toward LNG production accompanied by abundant availability of natural gas reserves will propel the market penetration. The Government of Qatar, in 2018, announced its plans to boost LNG production by 30% from 77 to 100 million metric tons per annum by 2023.
This report focuses on the top Manufacturers and players in global market are given bellow:-
Qatar Petroleum, GAZPROM, British Petroleum, Exxon Mobil, ConocoPhillips, Bahrain Petroleum Company, Eni, Lukoil, Chevron, Royal Dutch Shell, ONGC Videsh, General Electric, Occidental Petroleum Corporation, Petroleum Development Oman, Statoil, Rosneft, Occidental Petroleum Corporation and Total.
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Qatar natural gas market is predicted to surpass 50 million tons by 2024. Positive consumer outlook toward LNG production accompanied by abundant availability of natural gas reserves will propel the market penetration. The Government of Qatar, in 2018, announced its plans to boost LNG production by 30% from 77 to 100 million metric tons per annum by 2023.
Unconventional natural gas Market is set to expand over 9% by 2024. Rising demand for clean fuel from high energy intensive industry will positively influence the industry landscape. Non-toxins, ability to provide greater efficiency and less carbon emission are some of the eminent features which will positively influence the business outlook.
CNG natural gas market is projected to surpass USD 3 billion by 2024. Shifting trend toward energy security coupled with rising number of automotive vehicle will boost the product demand. In Saudi Arabia, passenger vehicle sales are predicted to grow by 50%.
GCC Natural Gas Market Size By Product [Unconventional {Gas (Shale, Tight, Others)
Transfer Mode (LNG, LPG, CNG, Others)},Conventional (Transfer Mode ( LNG, LPG, CNG, Others)],
By Application {Residential, Commercial (Hotels, Hospitals, Educational Institutes, Government Buildings, Others)
Industrial (Cement, Food & Beverages, Metal, Power Plant, Others)
By End Use
Transportation, Steam Generation, Cooking, Space Heating, Others
Industry Analysis Report, Regional Outlook
Saudi Arabia, UAE, Kuwait, Qatar, Oman, Bahrain
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Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market definition and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1.1 Paid Sources
1.4.2.1.2 Public Sources
Chapter 2 Executive Summary
2.1 GCC Natural Gas Market industry 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 End Use trends
2.1.5 Country trends
Chapter 3 GCC Natural Gas Market Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013-2024 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation and Sustainability
3.4.1 ExxonMobil
3.4.2 Royal Dutch Shell
3.4.3 Eni
3.4.4 Other innovations
3.5 Regulatory landscape
3.5.1 Saudi Arabia
3.5.1.1 Tax Law
3.5.1.2 Saudi Vision 2030
3.5.2 UAE
3.5.3 Bahrain
3.5.4 Kuwait
3.5.5 Oman
3.5.6 Qatar
3.6 Price trend analysis
3.7 Primary energy consumption trend, 2011 - 2016
3.8 LNG import/export
3.9 Customer requirement
3.10 Customer group requirements
3.11 Entry barrier
3.12 Natural gas movements
3.12.1 Pipeline
3.12.2 LNG
3.13 Natural gas potential, by country
3.14 GCC shale gas industry outlook
3.15 Industry impact forces
3.15.1 Growth drivers
3.15.1.1 Increasing exploration and production of unconventional resources
3.15.1.2 Increasing focus toward sustainable energy source
3.15.1.3 Increasing government focus toward clean fuel
3.15.2 Industry pitfalls & challenges
3.15.2.1 Lack of gas infrastructure and geopolitical uncertainty
3.16 Growth potential analysis
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