Zion Market Research Global Automotive Natural Gas Vehicle Market, 2016 | Page 2

Automotive Natural Gas Vehicle Market
Zion Market Research, the market research group announced the analysis report titled ‘Automotive
Natural Gas Vehicle Market: Global Industry Analysis, Size, Share, Growth, Trends, and
Forecasts 2016–2024’
Global Automotive Natural Gas Vehicle Market: Overview
An alternative fuel vehicle that utilizes liquefied natural gas or natural gas as a cleaner alternative to
other fossil fuels is known as a natural gas vehicle. Vehicles powered by propane possess
fundamentally different composition and are different from natural gas vehicles. As crude oil reserves
are rapidly depleting, many developing nations extensively depend on foreign countries for oil
export. Owing to this, governments are focusing on controlling their export spending, which results in
high demand for abundantly and inexpensively available natural gas. Natural gas is considered
environment-friendly and leads to the economic growth of the country.
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gas-vehicle-market