Global Natural Gas Utilities Market Insights and Forecast to 2031

Report ID: 1235844 | Published Date: Jan 2025 | No. of Page: 92 | Base Year: 2024 | Rating: 4.4 | Webstory: Check our Web story
1 Report Business Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Natural Gas Utilities Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
        1.2.2 Free Type
        1.2.3 Dissolved Type
    1.3 Market by Application
        1.3.1 Global Natural Gas Utilities Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
        1.3.2 Household
        1.3.3 Commercial
    1.4 Study Objectives
    1.5 Years Considered
2 Global Growth Trends
    2.1 Global Natural Gas Utilities Market Perspective (2017-2028)
    2.2 Natural Gas Utilities Growth Trends by Region
        2.2.1 Natural Gas Utilities Market Size by Region: 2017 VS 2021 VS 2028
        2.2.2 Natural Gas Utilities Historic Market Size by Region (2017-2022)
        2.2.3 Natural Gas Utilities Forecasted Market Size by Region (2023-2028)
    2.3 Natural Gas Utilities Market Dynamics
        2.3.1 Natural Gas Utilities Industry Trends
        2.3.2 Natural Gas Utilities Market Drivers
        2.3.3 Natural Gas Utilities Market Challenges
        2.3.4 Natural Gas Utilities Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Natural Gas Utilities Players by Revenue
        3.1.1 Global Top Natural Gas Utilities Players by Revenue (2017-2022)
        3.1.2 Global Natural Gas Utilities Revenue Market Share by Players (2017-2022)
    3.2 Global Natural Gas Utilities Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Natural Gas Utilities Revenue
    3.4 Global Natural Gas Utilities Market Concentration Ratio
        3.4.1 Global Natural Gas Utilities Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Natural Gas Utilities Revenue in 2021
    3.5 Natural Gas Utilities Key Players Head office and Area Served
    3.6 Key Players Natural Gas Utilities Product Solution and Service
    3.7 Date of Enter into Natural Gas Utilities Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Natural Gas Utilities Breakdown Data by Type
    4.1 Global Natural Gas Utilities Historic Market Size by Type (2017-2022)
    4.2 Global Natural Gas Utilities Forecasted Market Size by Type (2023-2028)
5 Natural Gas Utilities Breakdown Data by Application
    5.1 Global Natural Gas Utilities Historic Market Size by Application (2017-2022)
    5.2 Global Natural Gas Utilities Forecasted Market Size by Application (2023-2028)
6 North America
    6.1 North America Natural Gas Utilities Market Size (2017-2028)
    6.2 North America Natural Gas Utilities Market Size by Type
        6.2.1 North America Natural Gas Utilities Market Size by Type (2017-2022)
        6.2.2 North America Natural Gas Utilities Market Size by Type (2023-2028)
        6.2.3 North America Natural Gas Utilities Market Share by Type (2017-2028)
    6.3 North America Natural Gas Utilities Market Size by Application
        6.3.1 North America Natural Gas Utilities Market Size by Application (2017-2022)
        6.3.2 North America Natural Gas Utilities Market Size by Application (2023-2028)
        6.3.3 North America Natural Gas Utilities Market Share by Application (2017-2028)
    6.4 North America Natural Gas Utilities Market Size by Country
        6.4.1 North America Natural Gas Utilities Market Size by Country (2017-2022)
        6.4.2 North America Natural Gas Utilities Market Size by Country (2023-2028)
        6.4.3 U.S.
        6.4.4 Canada
7 Europe
    7.1 Europe Natural Gas Utilities Market Size (2017-2028)
    7.2 Europe Natural Gas Utilities Market Size by Type
        7.2.1 Europe Natural Gas Utilities Market Size by Type (2017-2022)
        7.2.2 Europe Natural Gas Utilities Market Size by Type (2023-2028)
        7.2.3 Europe Natural Gas Utilities Market Share by Type (2017-2028)
    7.3 Europe Natural Gas Utilities Market Size by Application
        7.3.1 Europe Natural Gas Utilities Market Size by Application (2017-2022)
        7.3.2 Europe Natural Gas Utilities Market Size by Application (2023-2028)
        7.3.3 Europe Natural Gas Utilities Market Share by Application (2017-2028)
    7.4 Europe Natural Gas Utilities Market Size by Country
        7.4.1 Europe Natural Gas Utilities Market Size by Country (2017-2022)
        7.4.2 Europe Natural Gas Utilities Market Size by Country (2023-2028)
        7.4.3 Germany
        7.4.4 France
        7.4.5 U.K.
        7.4.6 Italy
        7.4.7 Russia
        7.4.8 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Natural Gas Utilities Market Size (2017-2028)
    8.2 Asia-Pacific Natural Gas Utilities Market Size by Type
        8.2.1 Asia-Pacific Natural Gas Utilities Market Size by Type (2017-2022)
        8.2.2 Asia-Pacific Natural Gas Utilities Market Size by Type (2023-2028)
        8.2.3 Asia-Pacific Natural Gas Utilities Market Share by Type (2017-2028)
    8.3 Asia-Pacific Natural Gas Utilities Market Size by Application
        8.3.1 Asia-Pacific Natural Gas Utilities Market Size by Application (2017-2022)
        8.3.2 Asia-Pacific Natural Gas Utilities Market Size by Application (2023-2028)
        8.3.3 Asia-Pacific Natural Gas Utilities Market Share by Application (2017-2028)
    8.4 Asia-Pacific Natural Gas Utilities Market Size by Region
        8.4.1 Asia-Pacific Natural Gas Utilities Market Size by Region (2017-2022)
        8.4.2 Asia-Pacific Natural Gas Utilities Market Size by Region (2023-2028)
        8.4.3 China
        8.4.4 Japan
        8.4.5 South Korea
        8.4.6 Southeast Asia
        8.4.7 India
        8.4.8 Australia 
9 Latin America
    9.1 Latin America Natural Gas Utilities Market Size (2017-2028)
    9.2 Latin America Natural Gas Utilities Market Size by Type
        9.2.1 Latin America Natural Gas Utilities Market Size by Type (2017-2022)
        9.2.2 Latin America Natural Gas Utilities Market Size by Type (2023-2028)
        9.2.3 Latin America Natural Gas Utilities Market Share by Type (2017-2028)
    9.3 Latin America Natural Gas Utilities Market Size by Application
        9.3.1 Latin America Natural Gas Utilities Market Size by Application (2017-2022)
        9.3.2 Latin America Natural Gas Utilities Market Size by Application (2023-2028)
        9.3.3 Latin America Natural Gas Utilities Market Share by Application (2017-2028)
    9.4 Latin America Natural Gas Utilities Market Size by Country
        9.4.1 Latin America Natural Gas Utilities Market Size by Country (2017-2022)
        9.4.2 Latin America Natural Gas Utilities Market Size by Country (2023-2028)
        9.4.3 Mexico
        9.4.4 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Natural Gas Utilities Market Size (2017-2028)
    10.2 Middle East & Africa Natural Gas Utilities Market Size by Type
        10.2.1 Middle East & Africa Natural Gas Utilities Market Size by Type (2017-2022)
        10.2.2 Middle East & Africa Natural Gas Utilities Market Size by Type (2023-2028)
        10.2.3 Middle East & Africa Natural Gas Utilities Market Share by Type (2017-2028)
    10.3 Middle East & Africa Natural Gas Utilities Market Size by Application
        10.3.1 Middle East & Africa Natural Gas Utilities Market Size by Application (2017-2022)
        10.3.2 Middle East & Africa Natural Gas Utilities Market Size by Application (2023-2028)
        10.3.3 Middle East & Africa Natural Gas Utilities Market Share by Application (2017-2028)
    10.4 Middle East & Africa Natural Gas Utilities Market Size by Country
        10.4.1 Middle East & Africa Natural Gas Utilities Market Size by Country (2017-2022)
        10.4.2 Middle East & Africa Natural Gas Utilities Market Size by Country (2023-2028)
        10.4.3 Turkey
        10.4.4 Saudi Arabia
        10.4.5 UAE
11 Key Players Profiles
    11.1 PJSC Gazprom
        11.1.1 PJSC Gazprom Company Details
        11.1.2 PJSC Gazprom Business Overview
        11.1.3 PJSC Gazprom Natural Gas Utilities Introduction
        11.1.4 PJSC Gazprom Revenue in Natural Gas Utilities Business (2017-2022)
        11.1.5 PJSC Gazprom Recent Developments
    11.2 Sempra Energy
        11.2.1 Sempra Energy Company Details
        11.2.2 Sempra Energy Business Overview
        11.2.3 Sempra Energy Natural Gas Utilities Introduction
        11.2.4 Sempra Energy Revenue in Natural Gas Utilities Business (2017-2022)
        11.2.5 Sempra Energy Recent Developments
    11.3 PETRONAS
        11.3.1 PETRONAS Company Details
        11.3.2 PETRONAS Business Overview
        11.3.3 PETRONAS Natural Gas Utilities Introduction
        11.3.4 PETRONAS Revenue in Natural Gas Utilities Business (2017-2022)
        11.3.5 PETRONAS Recent Developments
    11.4 Centrica
        11.4.1 Centrica Company Details
        11.4.2 Centrica Business Overview
        11.4.3 Centrica Natural Gas Utilities Introduction
        11.4.4 Centrica Revenue in Natural Gas Utilities Business (2017-2022)
        11.4.5 Centrica Recent Developments
    11.5 Osaka Gas
        11.5.1 Osaka Gas Company Details
        11.5.2 Osaka Gas Business Overview
        11.5.3 Osaka Gas Natural Gas Utilities Introduction
        11.5.4 Osaka Gas Revenue in Natural Gas Utilities Business (2017-2022)
        11.5.5 Osaka Gas Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Author Details
    13.3 Disclaimer
List of Tables
    Table 1. Global Natural Gas Utilities Market Size Growth Rate by Type (US$ Million), 2017 VS 2021 VS 2028
    Table 2. Key Players of Free Type
    Table 3. Key Players of Dissolved Type
    Table 4. Global Natural Gas Utilities Market Size Growth Rate by Application (US$ Million), 2017 VS 2021 VS 2028
    Table 5. Global Natural Gas Utilities Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
    Table 6. Global Natural Gas Utilities Market Size by Region (2017-2022) & (US$ Million)
    Table 7. Global Natural Gas Utilities Market Share by Region (2017-2022)
    Table 8. Global Natural Gas Utilities Forecasted Market Size by Region (2023-2028) & (US$ Million)
    Table 9. Global Natural Gas Utilities Market Share by Region (2023-2028)
    Table 10. Natural Gas Utilities Market Trends
    Table 11. Natural Gas Utilities Market Drivers
    Table 12. Natural Gas Utilities Market Challenges
    Table 13. Natural Gas Utilities Market Restraints
    Table 14. Global Natural Gas Utilities Revenue by Players (2017-2022) & (US$ Million)
    Table 15. Global Natural Gas Utilities Revenue Share by Players (2017-2022)
    Table 16. Global Top Natural Gas Utilities by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Natural Gas Utilities as of 2021)
    Table 17. Ranking of Global Top Natural Gas Utilities Companies by Revenue (US$ Million) in 2021
    Table 18. Global 5 Largest Players Market Share by Natural Gas Utilities Revenue (CR5 and HHI) & (2017-2022)
    Table 19. Key Players Headquarters and Area Served
    Table 20. Key Players Natural Gas Utilities Product Solution and Service
    Table 21. Date of Enter into Natural Gas Utilities Market
    Table 22. Mergers & Acquisitions, Expansion Plans
    Table 23. Global Natural Gas Utilities Market Size by Type (2017-2022) & (US$ Million)
    Table 24. Global Natural Gas Utilities Revenue Market Share by Type (2017-2022)
    Table 25. Global Natural Gas Utilities Forecasted Market Size by Type (2023-2028) & (US$ Million)
    Table 26. Global Natural Gas Utilities Revenue Market Share by Type (2023-2028)
    Table 27. Global Natural Gas Utilities Market Size by Application (2017-2022) & (US$ Million)
    Table 28. Global Natural Gas Utilities Revenue Share by Application (2017-2022)
    Table 29. Global Natural Gas Utilities Forecasted Market Size by Application (2023-2028) & (US$ Million)
    Table 30. Global Natural Gas Utilities Revenue Share by Application (2023-2028)
    Table 31. North America Natural Gas Utilities Market Size by Type (2017-2022) & (US$ Million)
    Table 32. North America Natural Gas Utilities Market Size by Type (2023-2028) & (US$ Million)
    Table 33. North America Natural Gas Utilities Market Size by Application (2017-2022) & (US$ Million)
    Table 34. North America Natural Gas Utilities Market Size by Application (2023-2028) & (US$ Million)
    Table 35. North America Natural Gas Utilities Market Size by Country (2017-2022) & (US$ Million)
    Table 36. North America Natural Gas Utilities Market Size by Country (2023-2028) & (US$ Million)
    Table 37. Europe Natural Gas Utilities Market Size by Type (2017-2022) & (US$ Million)
    Table 38. Europe Natural Gas Utilities Market Size by Type (2023-2028) & (US$ Million)
    Table 39. Europe Natural Gas Utilities Market Size by Application (2017-2022) & (US$ Million)
    Table 40. Europe Natural Gas Utilities Market Size by Application (2023-2028) & (US$ Million)
    Table 41. Europe Natural Gas Utilities Market Size by Country (2017-2022) & (US$ Million)
    Table 42. Europe Natural Gas Utilities Market Size by Country (2023-2028) & (US$ Million)
    Table 43. Asia Pacific Natural Gas Utilities Market Size by Type (2017-2022) & (US$ Million)
    Table 44. Asia Pacific Natural Gas Utilities Market Size by Type (2023-2028) & (US$ Million)
    Table 45. Asia Pacific Natural Gas Utilities Market Size by Application (2017-2022) & (US$ Million)
    Table 46. Asia Pacific Natural Gas Utilities Market Size by Application (2023-2028) & (US$ Million)
    Table 47. Asia Pacific Natural Gas Utilities Market Size by Region (2017-2022) & (US$ Million)
    Table 48. Asia Pacific Natural Gas Utilities Market Size by Region (2023-2028) & (US$ Million)
    Table 49. Latin America Natural Gas Utilities Market Size by Type (2017-2022) & (US$ Million)
    Table 50. Latin America Natural Gas Utilities Market Size by Type (2023-2028) & (US$ Million)
    Table 51. Latin America Natural Gas Utilities Market Size by Application (2017-2022) & (US$ Million)
    Table 52. Latin America Natural Gas Utilities Market Size by Application (2023-2028) & (US$ Million)
    Table 53. Latin America Natural Gas Utilities Market Size by Country (2017-2022) & (US$ Million)
    Table 54. Latin America Natural Gas Utilities Market Size by Country (2023-2028) & (US$ Million)
    Table 55. Middle East and Africa Natural Gas Utilities Market Size by Type (2017-2022) & (US$ Million)
    Table 56. Middle East and Africa Natural Gas Utilities Market Size by Type (2023-2028) & (US$ Million)
    Table 57. Middle East and Africa Natural Gas Utilities Market Size by Application (2017-2022) & (US$ Million)
    Table 58. Middle East and Africa Natural Gas Utilities Market Size by Application (2023-2028) & (US$ Million)
    Table 59. Middle East and Africa Natural Gas Utilities Market Size by Country (2017-2022) & (US$ Million)
    Table 60. Middle East and Africa Natural Gas Utilities Market Size by Country (2023-2028) & (US$ Million)
    Table 61. PJSC Gazprom Company Details
    Table 62. PJSC Gazprom Business Overview
    Table 63. PJSC Gazprom Natural Gas Utilities Product
    Table 64. PJSC Gazprom Revenue in Natural Gas Utilities Business (2017-2022) & (US$ Million)
    Table 65. PJSC Gazprom Recent Developments
    Table 66. Sempra Energy Company Details
    Table 67. Sempra Energy Business Overview
    Table 68. Sempra Energy Natural Gas Utilities Product
    Table 69. Sempra Energy Revenue in Natural Gas Utilities Business (2017-2022) & (US$ Million)
    Table 70. Sempra Energy Recent Developments
    Table 71. PETRONAS Company Details
    Table 72. PETRONAS Business Overview
    Table 73. PETRONAS Natural Gas Utilities Product
    Table 74. PETRONAS Revenue in Natural Gas Utilities Business (2017-2022) & (US$ Million)
    Table 75. PETRONAS Recent Developments
    Table 76. Centrica Company Details
    Table 77. Centrica Business Overview
    Table 78. Centrica Natural Gas Utilities Product
    Table 79. Centrica Revenue in Natural Gas Utilities Business (2017-2022) & (US$ Million)
    Table 80. Centrica Recent Developments
    Table 81. Osaka Gas Company Details
    Table 82. Osaka Gas Business Overview
    Table 83. Osaka Gas Natural Gas Utilities Product
    Table 84. Osaka Gas Revenue in Natural Gas Utilities Business (2017-2022) & (US$ Million)
    Table 85. Osaka Gas Recent Developments
    Table 86. Research Programs/Design for This Report
    Table 87. Key Data Information from Secondary Sources
    Table 88. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Natural Gas Utilities Market Share by Type: 2021 VS 2028
    Figure 2. Free Type Features
    Figure 3. Dissolved Type Features
    Figure 4. Global Natural Gas Utilities Market Share by Application: 2021 VS 2028
    Figure 5. Household Case Studies
    Figure 6. Commercial Case Studies
    Figure 7. Natural Gas Utilities Report Years Considered
    Figure 8. Global Natural Gas Utilities Market Size (US$ Million), Year-over-Year: 2017-2028
    Figure 9. Global Natural Gas Utilities Market Size, (US$ Million), 2017 VS 2021 VS 2028
    Figure 10. Global Natural Gas Utilities Market Share by Region: 2021 VS 2028
    Figure 11. Global Natural Gas Utilities Market Share by Players in 2021
    Figure 12. Global Top Natural Gas Utilities Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Natural Gas Utilities as of 2021)
    Figure 13. The Top 10 and 5 Players Market Share by Natural Gas Utilities Revenue in 2021
    Figure 14. North America Natural Gas Utilities Market Size YoY (2017-2028) & (US$ Million)
    Figure 15. North America Natural Gas Utilities Market Size Market Share by Type (2017-2028)
    Figure 16. North America Natural Gas Utilities Market Size Market Share by Application (2017-2028)
    Figure 17. North America Natural Gas Utilities Market Size Share by Country (2017-2028)
    Figure 18. United States Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 19. Canada Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 20. Europe Natural Gas Utilities Market Size YoY (2017-2028) & (US$ Million)
    Figure 21. Europe Natural Gas Utilities Market Size Market Share by Type (2017-2028)
    Figure 22. Europe Natural Gas Utilities Market Size Market Share by Application (2017-2028)
    Figure 23. Europe Natural Gas Utilities Market Size Share by Country (2017-2028)
    Figure 24. Germany Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 25. France Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 26. U.K. Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 27. Italy Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 28. Russia Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 29. Nordic Countries Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 30. Asia-Pacific Natural Gas Utilities Market Size YoY (2017-2028) & (US$ Million)
    Figure 31. Asia Pacific Natural Gas Utilities Market Size Market Share by Type (2017-2028)
    Figure 32. Asia Pacific Natural Gas Utilities Market Size Market Share by Application (2017-2028)
    Figure 33. Asia Pacific Natural Gas Utilities Market Size Share by Region (2017-2028)
    Figure 34. China Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 35. Japan Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 36. South Korea Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 37. Southeast Asia Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 38. India Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 39. Australia Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 40. Latin America Natural Gas Utilities Market Size YoY (2017-2028) & (US$ Million)
    Figure 41. Latin America Natural Gas Utilities Market Size Market Share by Type (2017-2028)
    Figure 42. Latin America Natural Gas Utilities Market Size Market Share by Application (2017-2028)
    Figure 43. Latin America Natural Gas Utilities Market Size Share by Country (2017-2028)
    Figure 44. Mexico Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 45. Brazil Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 46. Middle East & Africa Natural Gas Utilities Market Size YoY (2017-2028) & (US$ Million)
    Figure 47. Middle East and Africa Natural Gas Utilities Market Size Market Share by Type (2017-2028)
    Figure 48. Middle East and Africa Natural Gas Utilities Market Size Market Share by Application (2017-2028)
    Figure 49. Middle East and Africa Natural Gas Utilities Market Size Share by Country (2017-2028)
    Figure 50. Turkey Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 51. Saudi Arabia Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 52. UAE Natural Gas Utilities Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 53. PJSC Gazprom Revenue Growth Rate in Natural Gas Utilities Business (2017-2022)
    Figure 54. Sempra Energy Revenue Growth Rate in Natural Gas Utilities Business (2017-2022)
    Figure 55. PETRONAS Revenue Growth Rate in Natural Gas Utilities Business (2017-2022)
    Figure 56. Centrica Revenue Growth Rate in Natural Gas Utilities Business (2017-2022)
    Figure 57. Osaka Gas Revenue Growth Rate in Natural Gas Utilities Business (2017-2022)
    Figure 58. Bottom-up and Top-down Approaches for This Report
    Figure 59. Data Triangulation
    Figure 60. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
PJSC Gazprom
Sempra Energy
PETRONAS
Centrica
Osaka Gas
Frequently Asked Questions
Natural Gas Utilities report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Natural Gas Utilities report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Natural Gas Utilities report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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