The purpose of the report is to illustrate the state of the market of CNG Cylinders, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
Browse here for full report with Toc: https://www.credenceresearch.com/report/cng-cylinders-market
Rising environmental concerns over the emission of greenhouse gases inclining economies across the globe to reduce their dependence on oil and shift towards natural gas to control air pollution. Moreover, macroeconomic factors such as setting of new greenhouse gases emission targets at Paris climate change conference which includes agreement and commitment by both G20 and the G7 countries to improve on energy efficiency, increasing the investment in development of CNG storage and distribution infrastructure which in turn is driving the demand for CNG cylinders over the forecast period. Various government across the globe are taking various initiatives such as tax benefits and subsidies to increase the adoption of natural gas including CNG and LNG. Further, increasing market penetration of CNG along with growth in NGV (Natural Gas Vehicles) is anticipated to drive the demand for CNG cylinders. Furthermore, increasing consumer awareness about associated advantages such as improved fuel efficiency over the conventional fuels including gasoline and diesel oil is another factor anticipated to drive the demand for CNG cylinders overs over the forecast period. High demand form key consuming economies including China, India, Brazil, etc. are anticipated to fuel the demand for CNG cylinders over the forecast period (2017-2025).
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global CNG Cylinders buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of CNG Cylinders contains:
Analysis and forecast of CNG Cylinders market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the CNG Cylinders market;
Assessment and forecast of CNG Cylinders market development;
Financial and business profiles of the leading companies in the CNG Cylinders industry.
Also you can request us for sample in PDF with depth details and graph: https://www.credenceresearch.com/sample-request/58478
– Up to date working CNG Cylinders data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed CNG Cylinders for the period 2018 to 2026
– Planned CNG Cylinders additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new CNG Cylinders projects by region, key countries, and companies
– Details of major planned CNG Cylinders projects in the world up to 2026
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Credence Research Inc.
105 N 1st ST #429
Toll Free (US/CANADA): +1-800-361-8290