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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