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Compressed Natural Gas Market is Going to Boom by 2022-2027 Earthing Equipment Market to enjoy ‘explosive growth’ to 2028

Global Compressed Natural Gas Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include,
ANGI Energy Systems Inc. (United States), British Gas (United Kingdom), Royal Dutch Shell PLC (Netherlands), Trillium CNG (United States), China Natural Gas Inc (China), GNVert (France), Gujarat Gas (India), Hexagon Composites ASA (Norway), Indraprastha Gas Limited (IGL) (India), J-W Power Company (United States),

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Natural gas consists of methane, ethane, propane and butane. Among them the major component is methane. As it contains lower energy density as compared to other fuels, it is compressed by cooling it to -162 oC and stored in insulated tanks. Compressed Natural Gas is used in place of gasoline, diesel fuel and LPG for transportation, industrial, agricultural and raw material. It is lighter than air and gets dispersed quickly after releasing it. Due to the rising environmental issues various countries are using it for transportation. In 2018, Minister of petroleum and natural gas in India stated that 10,000 CNG gas stations will be rolled out in 10 years

 

Market Drivers

  • Government Regulations Available for Pollution Control
  • Lower Cost of CNG than Other Fuels

Market Trend

  • High Investment in Research and Development

Opportunities

  • Rising Adoption of CNG is Fueling the Growth of the Market
  • Lesser Maintenance Requirement of Vehicles and Greater Engine Life

Challenges

  • Larger Space Requirement to Store the Fuel
  • High Competition Due to the Presence of Major Players

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In this research study, the prime factors that are impelling the growth of the Global Compressed Natural Gas market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Compressed Natural Gas market study is being classified by CNG tank type (Aluminium, Carbon), Vehicle type (Cars, Buses, Light commercial vehicles, Trucks), CNG stations (Fast-fill stations, Time fill stations), Source (Associated Gas, Non-Associated Gas, Unconventional Sources (CNG))

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Compressed Natural Gas market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Extracts from Table of Contents
Compressed Natural Gas Market Research Report
Chapter 1 Compressed Natural Gas Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued

This report also analyzes the regulatory framework of the Global Markets Compressed Natural Gas Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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