India City Gas Distribution Market Grew at a CAGR of around 6.25% during 20132015, Says

India City Gas Distribution Market Grew at a CAGR of around 6.25% during 20132015, Says

TechSci Research

MENAFN Press) Continuous expansion of City Gas Distribution (CGD) network coupled with increasing

accessibility & availability of natural gas to drive city gas distribution market in India through 2021 

According to recently published TechSci Research report India City Gas Distribution Market Forecast &

Opportunity, 2030, the City Gas Distribution (CGD) market in India grew at a CAGR of 6.25% during 2013 –

2015, owing to easy availability as well as accessibility of Natural Gas, an colourless and odourless gas

which can be easily transported via pipeline. Moreover, backed by increasing number of vehicles, growing

population and increasing urbanization, the countrys CGD network is anticipated to grow at a robust pace

over the next five years. 

Browse 108 market data Tables and 45 Figures spread through 257 Pages and an in-depth TOC on "India

City Gas Distribution Market" gas-distribution- market-forecast- and-opportunities-


In CGD, Natural Gas is converted to Compressed Natural Gas (CNG), which is used in transportation

sector, and Piped Natural Gas (PNG), which is used as a fuel by domestic consumers (households),

commercial consumers (hotels, offices, canteens, etc.), and industrial consumers (dryers, boilers, furnace,

etc.). In 2015, CGD market in India is majorly dominated by the transportation sector on account of

growing environmental concerns among consumers coupled with increase in the number of CNG

vehicles. Moreover, PNG segment is projected to grow at around 5% through 2030 due to anticipated

advancements in CGD sector and increasing government focus to expand PNG network throughout the


Power sector is the leading consumer of natural gas in India. The sector consumes nearly 30% to 35% of

the total natural gas supply in India annually. Demand for natural gas in power sector is projected to grow

at a CAGR of 10.69% during 2015-2020 due to implementation of a new policy reform known as e-bid

RLNG. In addition to power sector, fertilizer sector is another major consumer of natural gas in the

country. Demand for fertilizers is anticipated to grow at a CAGR of 6.25% during 2015-2025ue to

announcement of new pooling gas policy, which is expected to address the demand from fertilizer sector.

Hence, backed by booming power and fertilizers sectors, the countrys CGD network is anticipated to

witness robust expansion during 2016-2030.

Owing to the presence of huge reserves of Natural Gas in the country, the expansion of CGD network in

India is among the governments top-most priorities. The countrys government aims to make India a

natural gas based nation as it is more economical and environment friendly as compared to other liquid

fuels. As a result, to promote Natural Gas imports, the government is taking various initiatives such as

long term contracts, signing MoUs with various countries and building regasification terminals. Said Mr.

Vipul Tiwari, Consultant with TechSci Research. 

India City Gas Distribution Market Forecast & Opportunity, 2030 has evaluated the future growth

potential of City Gas Distribution (CGD) market across India and provides statistics and information on

market structure, industry behavior and trends. The report includes market projections and demand

forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers

to take sound investment evaluation. Besides, the report also identifies and analyzes drivers, challenges

and opportunities available in India CGD market. 

About TechSci Research 

TechSci Research is a leading global market research firm publishing premium market research reports.

Serving 700 global clients with more than 600 premium market research studies, TechSci Research is

serving clients across 11 different industrial verticals. TechSci Research specializes in research based

consulting assignments in high growth and emerging markets, leading technologies and niche

applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative

research solutions and tracking global and country specific high growth markets helps TechSci clients to

lead rather than follow market trends. Gas-Distribution- Market-Grew- at-a- CAGR-of-

around-625- during-20132015- Says-TechSci- Research

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