For the full year 2024, global gas demand is forecast to grow by more than 2.5% and reach an all-time high. The Asia Pacific region is expected to account for nearly 45% of the increase in global gas demand. Own energy use is emerging as the main driver of increased gas use and is projected to contribute more than half of demand growth. This is partly due to the continued economic situation of expansion in fast-growing Asian markets. The recovery in Europe is also contributing to demand for industrial gas, although it remains well below its pre-crisis levels. Global gas demand is forecast to rise another 2.3% in 2025. Similar to 2024, this growth is largely supported by Asia, which is the only one expected to account for more than half of incremental gas demand.
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