Compressed Natural Gas (CNG) Analysis and Forecast 2019-2026, Global Trends and Demands, Global Market Overview, End Users and Top key players
Compressed Natural Gas (CNG) is a natural gas comprised of methane that is stored under high pressures. This compressed gas can be transported or stored for later use as a vehicle fuel. In this form it remains clear, odorless, and non-corrosive. Rising use of natural gas in the automotive industry, increasing demand of CNG for hybrid vehicles and stern guidelines are one of the major driving factors for compressed natural gas market growth. Furthermore, rising use of CNG is traditional internal combustion engines are also accelerating the compressed natural gas market across the globe.
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Scope of compressed natural gas market includes by Source (Associated Gas, Non Associated Gas, Unconventional Sources), by End User (Light Duty Vehicles, Medium Duty Vehicles, Heavy Duty Vehicles) & by Region (North America- U.S., Canada; Europe- Germany, U.K., France; Asia-Pacific- China, India, Japan; Latin America- Brazil, Mexico; Middle East & Africa- UAE, Saudi Arabia, South Africa).
However, lack of infrastructure and high installation cost for storage are major challenges to overcome for compressed natural gas market. Regardless of the challenges, rising demand of CNG will significantly grow compressed natural gas market in the forecast period.
Compressed Natural Gas Industry report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. On the basis of product, this report displays the cost structure, sales revenue, sales volume, gross margin, market share and growth rate.
Report Covers Market Segment by Manufacturers:
- Royal Dutch Shell PLC
- Gazprom
- Neogas Inc.
- Trillium CNG
- China Natural Gas Inc.
Report Covers Market Segment by Types:
- Associated Gas
- Non Associated Gas
- Unconventional Sources
Global Compressed Natural Gas Industry 2019 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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Report Covers Market Segment by Applications:
- Light Duty Vehicles
- Medium Duty Vehicles
- Heavy Duty Vehicles
Target Audience:
- Compressed Natural Gas providers
- Traders, Importer and Exporter
- Raw material suppliers and distributors
- Research and consulting firms
- Government and research organizations
- Associations and industry bodies
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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity Types, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the
Key Industry Participants (KIPs) which typically include:
- Original Equipment Manufacturer
- Component Supplier
- Distributors
- Government Body & Associations
- Research Institute
Table of Content
1 Executive Summary
2 Methodology And Market Scope
3 Compressed Natural Gas Market — Industry Outlook
4 Compressed Natural Gas Market By End User
5 Compressed Natural Gas Market Type
6 Compressed Natural Gas Market Regional Outlook
7 Competitive Landscape
End of the report
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