The “Natural Gas Refueling Infrastructure: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global natural gas refueling infrastructure to grow with a CAGR of 10% over the forecast period of 2018-2024.
The use of natural gas as a vehicular fuel is expected to reduce the dependence of countries on the imports of crude oil. Thus, the use of natural gas as vehicular fuel appreciates support from the governments of various countries. This is also expected to increase the number of natural gas vehicles, which in turn is expected to drive the natural gas refueling infrastructure market. Moreover, large number of benefits such as low cost, non-toxic nature have large demand for natural gas as a vehicular fuel.
On the other hand, governments of various countries are promoting the use of clean fuel (in vehicles) by reducing the fuel duty on cleaner fuels such as LNG and CNG. Natural gas vehicles (NGVs) are similar to gasoline or diesel vehicles with regard to power, acceleration, and cruising speed. The driving range of NGVs is generally less than that of comparable gasoline and diesel vehicles because, with natural gas, less overall energy content can be stored in the same size tank. This in turn is fueling the growth of the natural gas refueling infrastructure market.
Furthermore, the use of natural gas is safer for the environment and human health as it does not emit harmful gases, which is the case with petrol and diesel. This is expected to create lucrative opportunities for the global natural gas refueling infrastructure market in the coming years.
- Apache Corporation
- Blu LNG
- Cryostar SAS
- Trillium CNG
- Abu Dhabi National Oil Company
- Indraprastha Gas Limited
- ENN Energy Holdings Limited
- GNC Galileo
Key Topics Covered
2. Executive Summary
3. Global Natural Gas Refueling Infrastructure Overview
4. Natural Gas Refueling Infrastructure Macro Indicator Analysis
5. Global Natural Gas Refueling Infrastructure by Station Type
6. Global Natural Gas Refueling Infrastructure by Applications
7. Global Natural Gas Refueling Infrastructure by Region 2018-2024
8. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/lz6zqq/natural_gas?w=4