September 4, 2018 - 3:36 PM EDT
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Global Autogas Market 2018-2022 - Key Vendors are Aygaz, BP, LUKOIL, Royal Dutch Shell & SK Gas - ResearchAndMarkets.com

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The "Global Autogas Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global autogas market, in terms of volume is expected to grow close to 30 MT by 2022.

Global Autogas Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in the market is rising need for cleaner fuel. Globally, there are rising concerns over the amount of CO2 produced from various activities. CO2 emissions have been growing in accordance with an increase in economic activities.

Autogas is an alternative fuel used in transportation applications including automobiles such as light-duty vehicle (LDVs) and heavy-duty vehicles (HDVs). It is produced as a by-product of petroleum gas processing in petroleum refining industries. It is usually present in the gaseous form at atmospheric temperature and pressure, and it liquefies in colder temperatures or under refrigeration.

One trend in the market is increasing use of natural gas in the transportation sector. The transportation sector is a significant source of air pollution globally. Emissions from air, road, and water transport are largely responsible for climate change and the declining air quality in urban areas.

Further, the report states that one challenge in the market is increasing number of EVs. EVs were introduced in the early 1990s. However, they did not become popular immediately among end-users. Extensive marketing by vendors and widespread awareness have led to a rise in the popularity of EVs.

Market trends

  • Increasing use of natural gas in the transportation sector
  • Government support for natural gas vehicles (NGV) infrastructure
  • Fluctuating oil and gas prices

Key vendors

  • Aygaz
  • BP
  • LUKOIL
  • Royal Dutch Shell
  • SK Gas

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Application

Part 08: Customer Landscape

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/h92bt7/global_autogas?w=4

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Related Topics: Gasoline and Diesel


Source: Business Wire (September 4, 2018 - 3:36 PM EDT)

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