City Gas Distribution Market in India

03rdAugust 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “India City Gas Distribution Market” City Gas Distribution is expected to play a pivotal role in the growth of all sectors such as transportation, domestic, commercial and industrial in the coming years.

Natural Gas, which is colourless and odourless, is converted to Compressed Natural Gas (CNG) and Piped Natural Gas (PNG), which is distributed to the end users through City Gas Distribution (CGD) network. Owing to availability of huge reserves of natural gas in India, its environmental friendliness and easy transportability, city gas distribution is forecast to witness robust growth in the country over the next decade. In India, major areas where CGD network is almost fully established include Delhi, Mumbai and Gujarat. CNG is being increasingly used in transportation sector, where it acts as a fuel for vehicles like taxi, cars, LCVs/RTVS and autos, while Piped Natural Gas (PNG) is used as a fuel by domestic consumers (households), commercial consumers (hotels, offices, canteens, etc.), and industrial consumers (dryers, boilers, furnace, etc.) in the country. City Gas Distribution is expected to play a pivotal role in the growth of all sectors such as transportation, domestic, commercial and industrial in the coming years.

“India City Gas Distribution Market Forecast & Opportunities, 2030”, the City Gas Distribution (CGD) market in India grew at a CAGR of 6.25% during 2013 - 2015. During 2016-2030, the country’s CGD network is anticipated to witness robust expansion on account of increasing number of vehicles coupled with rising urbanization in the country. With an increasing number of favorable initiatives taken by the Government of India in CGD sector, various companies are foraying into CGD business in different geographies across the country. In 2015, India CGD market was dominated by transportation sector owing to increasing number of Compressed Natural Gas (CNG)...