세계의 건식 천연가스 시장 예측(-2032년) : 공급원, 가스품질, 유통형태, 용도, 진입기업, 지역별 분석

According to Stratistics MRC, the Global Dry Natural Gas Market is accounted for $1,107.4 billion in 2025 and is expected to reach $1,789.9 billion by 2032 growing at a CAGR of 7.1% during the forecast period. Processed dry natural gas consists primarily of methane, with minimal traces of heavier hydrocarbons and impurities like hydrogen sulfide and water vapor. It is derived after extracting natural gas liquids (NGLs) such as ethane, propane, and butane, ensuring suitability for direct use and pipeline transport. Widely utilized for heating, electricity generation, and industrial processes, it serves as an efficient and cleaner-burning fossil fuel. Its lower emissions profile makes it a key contributor to energy sustainability across various sectors.

Market Dynamics:

Driver:

Increasing global population and rapid urbanization

Expanding urban infrastructure and industrialization require consistent fuel supplies, making natural gas a preferred choice for electricity generation and heating. Governments worldwide are investing in energy security, ensuring stable gas availability for growing urban centers. Additionally, technological advancements in extraction and processing enhance supply efficiency while minimizing environmental impact. As residential and commercial energy consumption rises, dry natural gas plays a vital role in meeting sustainability goals.

Restraint:

Infrastructure limitations and high capital expenditure

Establishing extensive pipeline networks and storage facilities requires significant financial investment, often delaying expansion projects. Developing economies face hurdles in integrating advanced gas infrastructure due to cost constraints and regulatory approvals. Additionally, geopolitical factors affecting cross-border gas transportation create supply chain disruptions. The reliance on costly LNG terminals for export and import further adds to operational expenses, impacting market accessibility for certain regions.

Opportunity:

Natural gas as a "bridge fuel" in energy transition

Compared to coal and oil, natural gas generates lower carbon emissions, making it an attractive interim solution for reducing environmental impact. Investments in carbon capture and efficient gas-fired power plants strengthen its role in energy transition strategies. As nations implement decarbonization policies, natural gas complements renewable energy by providing stable baseload power. Additionally, hybrid energy systems integrating gas and renewables are gaining traction, optimizing energy reliability while supporting climate goals.

Threat:

Rapid acceleration of renewable energy adoption

Solar, wind, and other renewable sources are gaining traction worldwide due to falling costs, improved storage solutions, and supportive policy frameworks. As countries accelerate their transition to zero-carbon energy, the demand for natural gas could diminish, particularly in regions with strong renewable integration. Additionally, advancements in battery storage and green hydrogen production challenge the long-term role of natural gas, potentially leading to reduced investments and market share.

Covid-19 Impact:

The pandemic significantly affected global natural gas markets, disrupting supply chains and delaying infrastructure projects. Reduced industrial activity and lower energy demand led to temporary declines in gas consumption. However, as economic recovery efforts gained momentum, demand rebounded with increased investments in energy security. The crisis highlighted the importance of stable fuel supply, reinforcing long-term commitments to natural gas infrastructure.

The conventional natural gas segment is expected to be the largest during the forecast period

The conventional natural gas segment is expected to account for the largest market share during the forecast period due to its well-established extraction and distribution infrastructure. This segment benefits from mature technologies, reliable supply chains, and widespread demand across residential, commercial, and industrial sectors. Conventional gas remains the backbone of many national energy portfolios, especially in regions with abundant natural reserves, ensuring its continued market leadership.

The pipeline segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the pipeline segment is predicted to witness the highest growth rate owing to expanding pipeline infrastructure to improve gas distribution efficiency and meet increasing consumption in remote and urban areas alike. Investments in pipeline modernization, safety enhancements, and cross-border gas connectivity projects contribute to this rapid expansion, facilitating seamless delivery and enhancing market accessibility.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share fueled by robust industrialization, rising energy demand from emerging economies like China and India, and increased urban development. Governments across the region are prioritizing natural gas to replace more polluting energy sources, supporting environmental goals while ensuring energy security.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR attributed to technological advancements, shale gas development, and supportive policies. The region's strong focus on expanding natural gas export capacity, along with investments in pipeline and liquefaction infrastructure, underpins this rapid growth. Additionally, increased adoption of natural gas in power generation and transportation sectors propels market expansion in North America.

Key players in the market

Some of the key players in Dry Natural Gas Market include ExxonMobil Corporation, Chevron Corporation, Royal Dutch Shell, BP P.L.C., TotalEnergies SE, ConocoPhillips, Equinor ASA, Gazprom, Saudi Aramco, PetroChina Company Limited, Sinopec Group, Eni S.p.A., Occidental Petroleum Corporation, CNOOC Limited, Hess Corporation, Woodside Energy Group Ltd., and Chesapeake Energy Corporation.

Key Developments:

In May 2025, ExxonMobil announced a long-term agreement to supply approximately 250,000 tonnes of low-carbon ammonia annually to Marubeni Corporation. This deal aims to support energy transition efforts and strengthen U.S.-Japan industrial cooperation.

In May 2025, PetroChina announced the establishment of a hydrogen energy-focused venture capital fund with an initial investment of 5 billion yuan ($690 million). The fund aims to support early-stage investments and the development of key materials, core equipment, and proprietary technologies in the hydrogen sector.

Sources Covered:

• Conventional Natural Gas
• Unconventional Natural Gas

Gas Qualities Covered:

• High-Btu Gas
• Low-Btu Gas

Distribution Modes Covered:

• Pipeline
• LNG (Liquefied Natural Gas)
• CNG (Compressed Natural Gas)

Applications Covered:

• Power Generation
• Industrial Heating
• Residential & Commercial Heating
• Transportation
• Other Applications

Participants Covered:

• Producers
• Distributors
• Suppliers
• Traders

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Dry Natural Gas Market, By Source

• 5.1 Introduction
• 5.2 Conventional Natural Gas
• 5.3 Unconventional Natural Gas
  • 5.3.1 Shale Gas
  • 5.3.2 Tight Gas
  • 5.3.3 Coalbed Methane (CBM)

6 Global Dry Natural Gas Market, By Gas Quality

• 6.1 Introduction
• 6.2 High-Btu Gas
• 6.3 Low-Btu Gas

7 Global Dry Natural Gas Market, By Distribution Mode

• 7.1 Introduction
• 7.2 Pipeline
• 7.3 LNG (Liquefied Natural Gas)
• 7.4 CNG (Compressed Natural Gas)

8 Global Dry Natural Gas Market, By Application

• 8.1 Introduction
• 8.2 Power Generation
• 8.3 Industrial Heating
• 8.4 Residential & Commercial Heating
• 8.5 Transportation
• 8.6 Other Applications

9 Global Dry Natural Gas Market, By Participant

• 9.1 Introduction
• 9.2 Producers
• 9.3 Distributors
• 9.4 Suppliers
• 9.5 Traders

10 Global Dry Natural Gas Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 ExxonMobil Corporation
• 12.2 Chevron Corporation
• 12.3 Royal Dutch Shell
• 12.4 BP P.L.C.
• 12.5 TotalEnergies SE
• 12.6 ConocoPhillips
• 12.7 Equinor ASA
• 12.8 Gazprom
• 12.9 Saudi Aramco
• 12.10 PetroChina Company Limited
• 12.11 Sinopec Group
• 12.12 Eni S.p.A.
• 12.13 Occidental Petroleum Corporation
• 12.14 CNOOC Limited
• 12.15 Hess Corporation
• 12.16 Woodside Energy Group Ltd.
• 12.17 Chesapeake Energy Corporation