Compressed Natural Gas (CNG) Market Top Key Players, Latest Trends ,Future Growth And Forecast To 2025: Grand View Research Inc.
San Francisco, 9 December 2019: The Report Compressed Natural Gas (CNG) Market Analysis By Source (Associated Gas, Non-Associated Gas, Unconventional Methods), Applications (Light Duty Vehicles, Medium/Heavy Duty Buses, Medium/Heavy Duty Trucks) And Segment Forecasts To 2020 Global compressed natural gas (CNG) market is anticipated to reach USD 129.77 billion by 2020, according to a new study by Grand View Research, Inc. Growth of global natural gas vehicles (NGVs) industry coupled with increased automobile fuel efficiency attributed by CNG is anticipated to remain a key driving factor for the global market. Government subsidiaries in form of financial incentives particularly in Asia Pacific and Latin America is also expected to have a positive impact on the market growth. Positive outlook on exploration of unconventional resources including shale gas particularly in U.S. and China is expected to provide growth opportunities for ...