January 21, 2021


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Dec 03, 2020 (Market Insight Reports) —
Selbyville, Delaware, Growth forecast report ” Automotive Natural Gas Vehicle (NGV) Market size by Product Type (CNG Vehicle and LNG Vehicle), By Application (Passenger Cars and Commercial Vehicle), By Region Outlook (United States, China, Europe, Japan, Southeast Asia & India), Top Manufacturer, Growth Potential, Price Trends, Competitive Market Share & Forecast 2020-2026 added by Market Study Report LLC.

Market Analysis and Insights: Global Automotive Natural Gas Vehicle (NGV) Market

The global Automotive Natural Gas Vehicle (NGV) market is valued at 8510 million US$ in 2020 is expected to reach 14200 million US$ by the end of 2026, growing at a CAGR of 7.5% during 2021-2026.

A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). Natural gas vehicles should not be confused with vehicles powered by LPG (mainly propane), which is a fuel with a fundamentally different composition.

Request a sample Report of Automotive Natural Gas Vehicle (NGV) Market at: https://www.marketstudyreport.com/request-a-sample/2412541?utm_source=Marketwatch.com&utm_medium=SP

Natural gas vehicles play an important role in business and personal use.Huge downstream demand has driven production of natural gas vehicles.The main sales markets are located in the asia-pacific region dominated by China and South America.After sweeping the asia-pacific region, South America, North America and Europe also have a strong procurement market.Asia-pacific is the region with the largest consumption of natural gas vehicles, with a market share of more than 50 percent in 2019.

How extensively has the industry been segmented in terms of the product and application landscapes?

The competitive spectrum holds a pivotal position in the Automotive Natural Gas Vehicle (NGV) market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.

As per the report, the Automotive Natural Gas Vehicle (NGV) market is segmented into Maruti Suzuki, Volkswagen, Fiat, Honda, General Motors, Renault, Hyundai, Ford, Iran Khodro, Volvo Group, PSA, C&C Truck and etc with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.

Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.

A detailed cover-up of the regional landscapes of the Automotive Natural Gas Vehicle (NGV) market:

For More Details On this Report:https://www.marketstudyreport.com/reports/global-automotive-natural-gas-vehicle-ngv-market-research-report-2020

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Pune, Nov. 18, 2020 (GLOBE NEWSWIRE) — The global natural gas liquids market is likely to witness considerable growth in the coming years due to the growing awareness regarding the use of combustible fuels releasing harmful gases. According to a report by Fortune Business Insights, titled “Natural Gas Liquid Market Size, Share and Global Trend by Product (Ethane, Propane, Butane, Pentane, and Others), By Application (Petrochemical Feedstock, Space Heating, Blend Stock, and Others), and Geography Forecast till 2026,” the market will derive growth from the use of natural gas liquids over diverse applications.

Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit:https://www.fortunebusinessinsights.com/industry-reports/natural-gas-liquid-market-100426

Natural gas liquids or hydrocarbons are widely used in several applications across a diversified sector. The property of liquefied natural gas to occupy a significantly low volume has led to advantages such as easy transportation and low space occupancy. Transportation of large amounts of natural gas liquids over longer distances has encouraged trade activities. In addition to transportation, the chemical composition of the natural gas liquid allows their use in applications such as petroleum, oil refineries, cooking, and as a transportation fuel for vehicles. The report provides segmentation of the global natural gas liquids market and signifies the applications of several product types, in addition to describing their impact on the growth of the market. Additionally, the report highlights the latest industry developments and states the impact of these developments on the global natural gas liquids market.

Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/natural-gas-liquid-market-100426

Increasing Investment in Gas Delivery Systems to Favor Market Growth

The diverse applications of natural gas liquids have created a greater adoption among end-users across the world. The escalating demand for natural gas liquids has encouraged companies to forge feasible delivery systems across the world. Enhanced delivery and transportation systems will subsequently create more opportunities for growth for the natural gas liquids market companies as well as influence the growth of the market in a positive manner. In a bid to establish a market stronghold, companies have raised their investment in natural gas liquid manufacturing processes as well as transportation and delivery systems. In April 2019, ONEOK announced the extension of its pipeline coverage with the aim of serving more people. The company announced that it will expand its pipeline coverage by 75 miles, ranging from its natural gas liquid processing plant to third party distributors. ONEOK has decided on an initial US$ 100 Mn investment in developing this pipeline. Fortune Business Insights has predicted that such projects will have a significant impact on the global natural gas liquids market. The report identifies industry developments that have had a direct positive impact on the growth of the market.

Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/natural-gas-liquid-market-100426

Asia Pacific Will Witness Substantial Growth, owing to Its Recent Efforts to Tackle Air Pollution

The growing efforts put in by companies operating in the Asia Pacific have led to the rising adoption of natural gas