CLEVELAND, Nov. 26, 2019 /PRNewswire/ — US natural gas demand is projected to grow 1.6% annually in volume terms through 2023, according to Natural Gas: United States, a report recently released by Freedonia Focus Reports. Advances will derive from increased demand for energy in the electric power and industrial markets. The electric power market is forecast to remain the largest and fastest growing, as low natural gas prices will encourage construction of natural-gas-burning power plants and retirement of coal and nuclear plants, albeit at a slowing rate. Increasing competition from solar and wind energy generation will prevent faster growth. Increases in energy efficiency throughout the various markets will also constrain gains.