The newly released research at Market Study Report titled “2018-2023 Global Compressed Natural Gas Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
Selbyville, DE -- (SBWIRE) -- 12/03/2018 -- The Compressed Natural Gas market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
This report presents a comprehensive overview, market shares, and growth opportunities of Compressed Natural Gas Market by product type, application, key manufacturers and key regions. Over the next five years projects that Compressed Natural Gas will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Royal Dutch Shell PLC, Gazprom, NEOgas Inc., Trillium CNG, China Natural Gas Inc., J-W Power Company, GNVert, Exxon Mobil Corporation, BP P.L.C, Total S.A, Chevron Corporation, Eni S.p.A., Statoil ASA, ConocoPhillips Co.
Compressed natural gas (CNG) (methane stored at high pressure) is a fuel which can be used in place of gasoline , diesel fuel and propane/LPG. CNG combustion produces fewer undesirable gases than the fuels mentioned above. It is safer than other fuels in the event of a spill, because natural gas is lighter than air and disperses quickly when released. Biomethane - cleaned up biogas from anaerobic digestion or landfills - can be used.
This report focuses on the Compressed Natural Gas in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In recent years, the share of natural gas in the global energy mix has drastically increased. The compressed natural gas (CNG) is used widely in heavy duty transportation vehicles due to affordability and eco-friendliness. With the rise in the environmental issues such as climatic changes and depleting ozone layer many nations across the globe have started using CNG in power production.
The worldwide market for Compressed Natural Gas is expected to grow at a CAGR of roughly 14.6% over the next five years, will reach 36800 million US$ in 2023, from 16200 million US$ in 2017, according to a new study.
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Segmentation by product type:
Associated Gas
Non-Associated Gas
Unconventional Sources (CNG)
Segmentation by application:
Light Duty Vehicles
Medium Duty/Heavy Duty Buses
Medium Duty/Heavy Duty Trucks
Research objectives:
To study and analyze the global Compressed Natural Gas consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Compressed Natural Gas market by identifying its various subsegments.
Focuses on the key global Compressed Natural Gas manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compressed Natural Gas with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Compressed Natural Gas submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
For More Details about this report: https://www.marketstudyreport.com/reports/global-compressed-natural-gas-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RW-AN
Table of Contents:
1 Market Overview
2 Manufacturers Profiles
3 Global Compressed Natural Gas Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Compressed Natural Gas Market Analysis by Regions
5 North America Compressed Natural Gas by Countries
6 Europe Compressed Natural Gas by Countries
7 Asia-Pacific Compressed Natural Gas by Countries
8 South America Compressed Natural Gas by Countries
9 Middle East and Africa Compressed Natural Gas by Countries
10 Global Compressed Natural Gas Market Segment by Type
11 Global Compressed Natural Gas Market Segment by Application
12 Compressed Natural Gas Market Forecast (2018-2023)
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