The Business Research Company’s latest report Natural Gas Distribution Market Report 2020 covers Natural Gas Distribution market drivers, Natural Gas Distribution market trends, Natural Gas Distribution market segments, Natural Gas Distribution market growth rate, Natural Gas Distribution market major players, and Natural Gas Distribution market size. The report provides in-depth analysis of the impact of COVID-19 on the Natural Gas Distribution industry, along with revised market numbers due to the effects of the coronavirus.
Natural Gas Distribution Market Report 2020 is the most comprehensive report available on this market and will help gain a truly perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The natural gas distribution market is expected to decline from $571.8 billion in 2019 to $555 billion in 2020 at a compound annual growth rate (CAGR) of -3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4% from 2021 and reach $615.1 billion in 2023.
The natural gas distribution market is segmented by type into industrial and commercial natural gas distribution, household natural gas distribution, by type of operator into public operator, private operator.
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