LPG Demand in India Growing by Leaps and Bounds

According to our new research report, "Indian Natural Gas Sector Analysis", the natural gas market in India is expected to be one of the fastest growing in the world during the next two decades. Among its segments, LPG has made a substantial progress to become the most convenient, cost effective, and pollution free means of fuel, especially among the Indian middle class segment. It is expected that, LPG consumption in the country will grow at a CAGR of around 9% during FY 2011–FY 2013.

 

The main reason for the growth of this segment is fast urbanization and rising income levels in the country that has fueled up the LPG demand. Moreover, in the villages LPG is fast becoming the most favorable source of cooking and vehicle fuels.

 

Apart from LPG, LNG and CNG are also are also showing promising future prospects. LNG and CNG segments have shown a tremendous growth in the past and we anticipate that these segments will grow significantly in the coming years on the back of various reasons discussed in our report.

 

Further, our report reveals that India is currently facing severe shortfalls in natural gas demand and supply, which is anticipated to expand rapidly. Owing to the considerable gap between natural gas consumption and production, liquefied natural gas imports are set to register impressive growth during the forecast period.

 

Besides, the report analyzes current industry developments like, coal bed methane, city gas distribution, underground coal gasification, gas hydrates, natural gas vehicles, etc. The report also identifies key players in the country and includes their detail business description, strengths and weaknesses along with their recent activities.

 

Our report "Indian Natural Gas Sector Analysis" provides unmatched market analysis and facilitates cutting edge market intelligence of the natural gas industry. The report provides qualitative as well as quantitative analysis of ongoing as well as future market trends for all prominent market segments. The report provides exhaustive analysis on gas demand and supply, gas allocation, gas pricing, exploration & development, etc. to facilitate deeper market understanding.

For more information visit: http://www.rncos.com/Report/IM232.htm