Gas Pipeline Infrastructure Market size was valued at USD 3.82 trillion in 2023 and is set to exceed USD 5.33 trillion by 2036, expanding at over 2.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of gas pipeline infrastructure is estimated at USD 3.9 trillion.
The demand for gas is continuously growing across the commercial as well as residential sectors which can be attributed to the growth of gas pipeline infrastructure market. Shift of the industry from coal to gas, along with the fast growth of industrialization, is anticipated to drive the market growth. As the adoption of natural gas in manufacturing, power generation and chemical plants is rising, this is estimated to aid in complementing the landscape of the industry in the upcoming years.
Author Credits: Dhruv Bhatia
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