Compressed Natural Gas Cng Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026
Compressed Natural Gas (CNG) market by Manufacturers, Countries, Type and Application, forecast to 2026 Report “Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators
(EMAILWIRE.COM, September 20, 2018 ) The Global CNG Market is anticipated to reach USD 218.18 billion by 2026 according to a new study published by Polaris Market Research.
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Top Key Players:-
China Natural Gas Inc.
NeoGas Inc
ANGI Energy Systems Inc
GNVert, Trillium CNG
OAO GasProm
J-W Power Company
Mahanagar gas Limited (MNGL)
National Iranian Gas Company
Indraprastha Gas Limited (IGL)
Make an inquiry before buying this report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/inquire-before-buying
CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions. Higher prices of petrol/diesel compared to CNG and increasing concerns for environmental pollution, CNG has found a prominent space in the league of transportation fuels for all types of vehicles. The initial conversion cost to CNG is a barrier for the users as a transportation fuel. However, the public transportation vehicles have been the early adopters of the product, as it is easy to amortize the money invested at a faster rate in the new fuel type. Apart from these, the number of CNG vehicles worldwide has grown annually at 30% for the past five years.
Browse Full Report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/
CNG itself has been a significant phenomenon which is out in the global market for the past decade. Its benefits of being the cleanest fossil fuel that emit the least amount of impurities that gasoline or diesel produces. Moreover, CNG is much more fuel efficient in comparison to gasoline. Owing to its clean-characteristics, it increases vehicles longevity and increases the maintenance intervals. Change of engine oil with filter is required to be done after every 3,000 to 4,000 miles for a typical gasoline vehicle, but for the CNG vehicles it extends over 9,000 to 10,000 miles. Technological developments in CNG vehicles which are currently equipped with clean burning fuel systems, CNG enables to save almost half of the gasoline price along with much lower levels of emission thus contributing towards a greener environment. Therefore, these factors of CNG being the cleanest transportation fuel for vehicles with an offering of similar vehicle performance, relatively low product cost and with significantly low carbon emissions compared to other fossil fuels, the industry is expected to develop significantly over the forecast period.
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analysing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: +1-646-568-9980
E-Mail: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Follow us- LinkedIn | Twitter | Facebook
Request for Sample of This Research Report @ https://bit.ly/2D7azy9
Top Key Players:-
China Natural Gas Inc.
NeoGas Inc
ANGI Energy Systems Inc
GNVert, Trillium CNG
OAO GasProm
J-W Power Company
Mahanagar gas Limited (MNGL)
National Iranian Gas Company
Indraprastha Gas Limited (IGL)
Make an inquiry before buying this report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/inquire-before-buying
CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions. Higher prices of petrol/diesel compared to CNG and increasing concerns for environmental pollution, CNG has found a prominent space in the league of transportation fuels for all types of vehicles. The initial conversion cost to CNG is a barrier for the users as a transportation fuel. However, the public transportation vehicles have been the early adopters of the product, as it is easy to amortize the money invested at a faster rate in the new fuel type. Apart from these, the number of CNG vehicles worldwide has grown annually at 30% for the past five years.
Browse Full Report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/
CNG itself has been a significant phenomenon which is out in the global market for the past decade. Its benefits of being the cleanest fossil fuel that emit the least amount of impurities that gasoline or diesel produces. Moreover, CNG is much more fuel efficient in comparison to gasoline. Owing to its clean-characteristics, it increases vehicles longevity and increases the maintenance intervals. Change of engine oil with filter is required to be done after every 3,000 to 4,000 miles for a typical gasoline vehicle, but for the CNG vehicles it extends over 9,000 to 10,000 miles. Technological developments in CNG vehicles which are currently equipped with clean burning fuel systems, CNG enables to save almost half of the gasoline price along with much lower levels of emission thus contributing towards a greener environment. Therefore, these factors of CNG being the cleanest transportation fuel for vehicles with an offering of similar vehicle performance, relatively low product cost and with significantly low carbon emissions compared to other fossil fuels, the industry is expected to develop significantly over the forecast period.
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analysing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: +1-646-568-9980
E-Mail: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Follow us- LinkedIn | Twitter | Facebook
Contact Information:
Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
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Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results