Compressed natural gas (CNG) is widely used in heavy duty vehicles due to its economical and environmentally friendly properties. With increasing environmental issues such as climate change and ozone depletion, many countries around the world are starting to use CNG for power generation.
Due to the recovery of oil prices, many countries prefer cheap CNG. In addition, the use of unconventional fuels such as compressed natural gas is driving the CNG market due to the increasing demand for energy in several countries. In addition, stringent government regulations on pollution control and increasing fiscal health in many countries around the world are fueling the compressed natural gas market.
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Following are the segments covered by the report are:
- Associated Gas
- Non-Associated Gas
- Unconventional Methods
By Application:
- Light Duty Vehicles
- Medium/Heavy Duty Buses
- Medium/Heavy Duty Trucks
The Key manufacturers that are operating in the global Compressed Natural Gas (CNG) market are:
- Mahanagar Gas
- J-W Power
- OAO Gazprom
- GNVert
- ANGI Energy Systems
- NeoGas
- China Natural Gas
A full report of Global Compressed Natural Gas Market is available at: https://www.orionmarketreports.com/compressed-natural-gas-market/39167/
Scope of the Report
The research study analyzes the global Compressed Natural Gas industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Compressed Natural Gas Market Report
1. What was the Compressed Natural Gas Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Compressed Natural Gas Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Compressed Natural Gas Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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