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#Petrol and Diesel prices increase in Pakistan Latest News
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پٹرول اور ڈیزل کی قیمتوں میں مزید 30 روپے فی لٹر اضافہ متوقع ہے، مصطفی نواز
پٹرول اور ڈیزل کی قیمتوں میں مزید 30 روپے فی لٹر اضافہ متوقع ہے، مصطفی نواز
اسلام آباد (آواز نیوز)پاکستان پیپلز پارٹی کے سینیٹر مصطفی نواز کھوکھر نے کہا ہے کہ پٹرول اور ڈیزل کی قیمتوں میں مزید 30 روپے فی لٹر اضافہ متوقع ہے۔ سماجی رابطے کی ویب سائٹ ٹوئٹر پر پیغام جاری کرتے ہوئے سینیٹر مصطفی نواز کھوکھر نے لکھا کہ پٹرول اور ڈیزل کی قیمتوں میں مزید 30 روپے فی لٹر اضافہ متوقع ہے، آئی ایم ایف شاید کئے گئے اضافہ سے مطمئن نہ ہو، سخت بجٹ بھی دینا پڑے گا۔ Petrol and Diesel…
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new-haryanvi-ragni · 1 year
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Petrol-Diesel Prices Hiked Again in Pakistan Amid Economic Crisis; Check Latest Rates
Following a new increase in fuel prices, Pakistani citizens will now pay PKR 272 per litre for gasoline and PKR 280 for diesel. source https://zeenews.india.com/international-business/petrol-diesel-prices-hiked-again-in-pakistan-amid-economic-crisis-check-latest-rates-2573891.html
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theeurasianpost · 2 years
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Latest petrol, diesel prices in Pakistan from May 27
Latest petrol, diesel prices in Pakistan from May 27
Finance Minister Miftah Ismail addressing a press conference in Islamabad on Thursday, May 26, 2022. — Screengrab via YouTube/ Hum News Live ISLAMABAD: The Government of Pakistan on Thursday announced increasing the prices of petroleum products by Rs30 in line with the conditions set forth by the International Monetary Fund (IMF) to remove subsidies from commodities. The decision, announced by …
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tezlivenews · 3 years
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पाकिस्‍तान में तेल के कीमतों में लगी आग, पेट्रोल 10 रुपये, डीजल 12 रुपये महंगा
पाकिस्‍तान में तेल के कीमतों में लगी आग, पेट्रोल 10 रुपये, डीजल 12 रुपये महंगा
इस्‍लामाबादइमरान खान के शासन में बढ़ती महंगाई से परेशान जनता के लिए एक और बुरी खबर है। पाकिस्‍तान सरकार ने अगले पखवाड़े के लिए पेट्रोल की कीमतों में 10.49 रुपये और हाई स्‍पीड डीजल के दाम में 12.44 रुपये की वृद्धि कर दी है। इससे एक दिन पहले ही इमरान सरकार ने बिजली के दामों में भी 1.39 रुपये प्रति यूनिट की वृद्धि करके आम जनता को जोरदार झटका दिया था। पाकिस्‍तान के वित्‍त मंत्रालय के मुताबिक केरोसिन…
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awesomesakshi1992 · 4 years
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Infrastructural Push from Government to Drive CNG Vehicles Market
CNG Vehicles Market Overview
With rising awareness for use of clean energy and increased demand for environment-friendly transit options, the CNG vehicles market is expected to witness healthy growth. CNG vehicles run on Current Natural Gas (CNG), instead of conventional fuels such as petrol and diesel. The CNG vehicles market is estimated to witness a 5.96% CAGR during the assessment period, according to the latest report published by Market Research Future. Such growth is attributable to factors including rising prices of conventional fossil fuels, government initiatives to support CNG based automobiles, and stringent laws regarding emission of pollutants from automobiles to encourage adoption of clean energy based vehicles.
Segmental Analysis
The CNG vehicles market has been segmented on the basis of product type, application, and region. On the basis of product type, the market has been segmented into OEM and car modification. Among the types of products in CNG vehicles, the segment of car modifications has accounted for the largest market share in 2017 and is expected to witness the same during the forecast period. The market for car modifications is expected to note the fastest growth rate during the forecast period. Hike in the prices of conventional fuels and rising demand for environment-friendly automobiles are some of the factors responsible for the surge in demand for CNG vehicles in the market.
Based on application, the CNG vehicles market has been segmented into personal use and commercial use. The widespread range of products within the CNG conversion kit for cars, trucks, and buses will boost demand in both, the personal use segment as well as the commercial use segment. The segment of personal use is expected to grow at the fastest pace during the forecast period. In addition, the personal use segment is also projected to capture the largest market share for CNG vehicles. A rise in the affordability of CNG based vehicles and an increasing number of refueling stations for CNG vehicles are factors that are likely to induce market growth for the same.
Detailed Regional Analysis
According to the MRFR report, the CNG vehicle market has been regionally segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). RoW accounts for 46% share of the global market for CNG vehicles. The government in various economies comprised in RoW market has initiated policies such as tax reduction, subsidies, affordable pricing, and tough emission norms to promote the use of CNG vehicles. Countries like Thailand, South Africa, Egypt, Iraq, Columbia, Argentina, Brazil, Iran, and Pakistan are some of the major contributors to the CNG market in the RoW. Iran has mandated a dual fuel capacity in all new cars, further promoting the use of CNG vehicles. Dubai and Saudi Arabia are also creating awareness about the benefits of CNG vehicles, driving the CNG vehicles market.
China is projected to experience significant growth during the forecast period and accounts for 18% of the global share for CNG vehicles. In addition, Japan is expected to pose as a potential market for CNG vehicles owing to the presence of major CNG automobile manufacturers such as Nissan, Honda, Suzuki, and Toyota.
Key Players
Some of the prominent players in the CNG vehicle market include Toyota Motor Corporation, Honda Motor Co. Ltd., Daimler AG, Hyundai Motor Company, Fiat Chrysler Automobiles, Groupe PSA, General Motors, Volvo Group, Renault, Suzuki Motor Corporation, Ford Motor Company, and Volkswagen Group.
Industry Updates
February 27, 2019: Kwik Trip is expected to be a primary dispenser of renewable natural gas (RNG) produced at the Wisconsin county’s landfill biogas project when it reaches completion later this year.
February 12, 2019: ECO-GATE has introduced the ECO-G brand, designed to rename natural gas for CNG based vehicles. ECO-GATE is a European consortium co-financed by the European Union and led by NEDGIA (Naturgy group’s gas distributor).
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newseedailynews · 3 years
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WORLD NEWS SUPERFAST
India News - Big terrorist conspiracy foiled in J&K - According to information received by World News superfast, on the second anniversary of the Pulwama attack, the security forces foiled a major conspiracy of terror attack. 
Security forces recovered about 6 kg improvised explosive device (IED) from Jammu bus stand on Sunday. According to the police, the Pakistan-backed terrorist organization Al Badr conspired to blast the second anniversary of the Pulvaama attack.
This time the blast was to be held in Jammu
According to information received by the World News superfast, a person named Sohail in this case came to plant an IED on the instructions of Al Badr. He had to place explosives at one of the Raghunath temple, bus stand, railway station and Lakhdata Bazar. After that he was about to flee from Srinagar to flight.
5 day remand towards Bengaluru
Greta Thanberg's account on the farmers' movement has received important information from Activist Disha Ravi, arrested in the Share Toolkit case. According to the Delhi Police, Disha itself created the toolkit by creating a Google Dock and circulated it. For this, he formed a WhatsApp group. She was also involved in drafting this toolkit. 
Police said that Disha added many information to the toolkit and edited it and went viral on social media. He edited the toolkit and shared it with Greta Thunberg. The Delhi court has sent him to the custody of the special cell for 5 days.
LPG becomes expensive for the second time in February
According to the information received by the World News superfast, people suffering from rising prices of diesel and petrol have received another blow. The government has directly increased the price of LPG gas cylinder by Rs 50. After this, the price of 14.2 kg domestic gas cylinder in Delhi will be Rs 769. 
The increased prices have come into force from 12 pm on Sunday night. Gas cylinder prices have been raised for the second time in February. Earlier, on February 4, the non-subsidized cylinder became expensive by Rs 25. Now 10 days later, on February 14, its price has been increased by 50 rupees. This means that so far in the month of February, the price of domestic cylinders has increased by Rs 75.
12 bodies found on Sunday in Tapovan (Forest Era)
According to information received by World News superfast, 12 bodies were found on Sunday, the eighth day of the rescue operation in Tapovan, Chamoli. 5 more bodies were recovered from NTPC tunnel, while 6 bodies were also found from Raini village. 
At the same time, a corpse (human organ) was found from Rudraprayag. So far, 50 bodies have been found after the accident. In the evening, another body was found inside the tunnel, which was trying to remove it. The rescue team said that we still hope to rescue those trapped in the tunnel. In this tunnel, 32 workers are feared trapped.
CM of Gujarat fainted on stage
According to information received by World News superfast, Gujarat Chief Minister Vijay Rupani fainted while giving a speech on stage on Sunday. He reached Nizampura in Vadodara to campaign for the civic elections. The Chief Minister fell round at the meeting held here. After this, his further schedule was canceled. 
The doctors gave Rupani the first aid on the stage itself. After this he himself descended down the stairs. After treatment, he left for Ahmedabad. This was Rupani's third rally of the day. He reached Nizampura after holding election meetings in Tarsali and Karelibagh. According to doctors, Rupani's condition is fine. He fainted due to low blood pressure.
Rakesh Tikait lashed on the government again
According to information received by the World News superfast, Sunday was the 81st day of the peasant movement. At the Mahapanchayat in Karnal, Haryana, Rakesh Tikait, leader of the Bharatiya Kisan Union (BKU), attacked the central government. He said, 'Right now the soldiers and farmers have raised the slogan of return of law, we have not raised the slogan of return to the throne. 
Whatever the government, we will talk about the policy for farmers. Here, Haryana Agriculture Minister JP Dalal has given a controversial statement. He said that if the farmers were at home, would they not have died? Will not even 200 people die in 6 months? Farmers have died due to their will.
India's weight is heavy in Chennai Test
According to information received by World News superfast, the second match of the 4-Test series between India and England is being played in Chennai. On the second day, Team India scored 329 runs in the first innings. Rohit Sharma scored 161 runs. In response, England team could not even match Rohit's score and was reduced to 134 runs. However, with a faltering innings, the English team saved the follow-on. 
The team needed 130 runs to save the follow-on. By the end of the second day, Team India scored 54 after losing 1 wicket in the second innings. In this context, it took a 249-run lead over England. At the moment, Rohit Sharma (25) and Cheteshwar Pujara (7) are unbeaten.
Modi handed over 118 Arjun tanks to army
According to information received by World News superfast, Prime Minister Narendra Modi visited Tamil Nadu and Kerala on Sunday. In Chennai, he handed over 118 Hitech Arjun tanks (MK-1A) to the army. During this, Army Chief MM Narwane was also present. This tank has been built by DRDO at a cost of 8400 crores. 
After this the Prime Minister reached Kerala. Here he dedicated BPCL's Rs 6,000 crore propylene derivatives petrochemicals complex to the nation in Kochi. Modi also paid tribute to the soldiers who were martyred in the Pulwama attack in Tamil Nadu.
Rahul said - CAA will not apply
Congress leader Rahul Gandhi went to Assam on Sunday. He used the slogan Hum Do-Hamare, in Sivasagar district, while taunting Modi-Shah. Rahul and the rest of the Congress leaders appeared on stage wearing a "No CAA" scotch. We have put a cross on it. No matter what it means, CAA will not. Let us hear our two, anything will happen but there will not be a CAA here. ' Exactly one week ago Narendra Modi also visited Assam.
Expander
Fastag required on toll from today
According to information received by the World News superfast, from today i.e. Monday, Fastag will become mandatory in the whole country. Fastag will be required in all types of vehicles except two wheelers and tractors. If the car is not fastened, then double toll tax or penalty will have to be paid. From April 1, the government is also going to make fastag mandatory to buy third party insurance. 
In such a situation, for those vehicles that do not cross the toll plaza, it will be necessary to take fastag. There are currently over 2.54 crore Fastag users in the country. Fastag accounts for 80% of the total toll collection. NHAI has set a target of 100% cashless tax collection at toll plazas across the country.
Positive news
Million rupees a month earnings from startup
Delhi-based Divya Rajput has done more than 20 years of work in the education sector. She has also worked in the Ministry of Corporate Affairs. Right now Divya is running an eco friendly startup with four of her friends. 
Where they are selling almost everything they need everyday. Just three months ago these people launched their online platform. Up to 200 orders are coming in every month and business up to one lakh rupees is being done. Along with this, more than 200 women are being directly and indirectly connected with them, making their own living.
Earthquake for the second consecutive day in Japan
The earthquake was felt for the second consecutive day in Fukushima province of Japan on Sunday. According to the Meteorological Agency, its intensity was 5.2. The agency said that there was an earthquake at around 4.15 pm. 
Its center was 50 km deep from the ground. A tsunami warning has not been issued after the earthquake. Fukushima also experienced a magnitude 7.3 earthquake on Saturday night. 140 people were injured in it. Its tremors were felt as far as Tokyo. At the same time, the electricity supply of 9.50 lakh houses of the country was stopped.
Actress Dia Mirza's wedding today
According to information received by World News superfast, actress Dia Mirza is going to tie the knot with businessman Vaibhav Rekhi on 15 February. She had a pre-wedding bash on Saturday. The ceremony and wedding function will involve only close family members and close friends. 
The two have been dating each other for a long time. Vaibhav is a Mumbai-based businessman and lives in the Pali Hill area of ​​Bandra. According to reports, Vaibhav's first wife was Yoga and lifestyle coach Sunaina Rekhi and they also have a daughter.
What's more in the headlines
After the introduction of the Corona vaccine in the country, the number of people who lost their lives has reached 27. However, the government has claimed that these deaths have nothing to do with vaccination.
So far, about 1000 cases of new variants of Corona have been reported in 44 US states. The highest number of 981 cases are from the new strain of Corona found in Britain.
from WORLD NEWS SUPERFAST - LATEST BREAKING NEWS https://ift.tt/3ppAfJ8
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blogyamini · 4 years
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Compressed Natural Gas (CNG) Market Analysts Expect Robust Growth in 2026
New York, NY 13 July 2020:  The global compressed natural gas market is anticipated to reach USD 218.18 billion by 2026 according to a new study published by Polaris Market Research.
CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions. Higher prices of petrol/diesel compared to CNG and increasing concerns for environmental pollution, CNG has found a prominent space in the league of transportation fuels for all types of vehicles. The initial conversion cost to CNG is a barrier for the users as a transportation fuel. However, the public transportation vehicles have been the early adopters of the product, as it is easy to amortize the money invested at a faster rate in the new fuel type. Apart from these, the number of CNG vehicles worldwide has grown annually at 30% for the past five years.
CNG itself has been a significant phenomenon which is out in the global market for the past decade. Its benefits of being the cleanest fossil fuel that emit the least amount of impurities that gasoline or diesel produces. Moreover, CNG is much more fuel efficient in comparison to gasoline. Owing to its clean-characteristics, it increases vehicles longevity and increases the maintenance intervals. Change of engine oil with filter is required to be done after every 3,000 to 4,000 miles for a typical gasoline vehicle, but for the CNG vehicles it extends over 9,000 to 10,000 miles. Technological developments in CNG vehicles which are currently equipped with clean burning fuel systems, CNG enables to save almost half of the gasoline price along with much lower levels of emission thus contributing towards a greener environment. Therefore, these factors of CNG being the cleanest transportation fuel for vehicles with an offering of similar vehicle performance, relatively low product cost and with significantly low carbon emissions compared to other fossil fuels, the industry is expected to develop significantly over the forecast period.
Request for a sample of this research report @https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/request-for-sample
Asia Pacific was the largest regional market in 2017. Pakistan was the largest market in terms of presence of CNG vehicles in the region. India, China and Thailand are yet other emerging nations for growing product demand.  Latin America is expected to be one of the fastest growing regional markets backed by momentous demand from Argentina and Brazil. Europe on the other hand is a potential contributor to its demand with Russia and Italy leading the way, however, growing popularity of electric vehicles in many of the nations such as the Netherlands is projected to hinder industry growth over the forecast period.
Some of the leading industry participants include China Natural Gas Inc., NeoGas Inc, ANGI Energy Systems Inc, GNVert, Trillium CNG, OAO GasProm, J-W Power Company, Mahanagar gas Limited (MNGL), National Iranian Gas Company, and Indraprastha Gas Limited (IGL).
Get Exclusive Discount on This Report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/request-for-discount-pricing
About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
Contact Us: Polaris Market Research Phone: 1–646–568–9980 Email: [email protected] Web: www.polarismarketresearch.com 
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Govt. Increases Petrol, Diesel Prices Abbtakk delivers the latest headlines news and information on the latest top stories from Pakistan and around the world on weather, business, entertainment, politics, sports and more.
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new-haryanvi-ragni · 1 year
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Petrol-Diesel Prices Hiked Again in Pakistan Amid Economic Crisis; Check Latest Rates
Following a new increase in fuel prices, Pakistani citizens will now pay PKR 272 per litre for gasoline and PKR 280 for diesel. source https://zeenews.india.com/international-business/petrol-diesel-prices-hiked-again-in-pakistan-amid-economic-crisis-check-latest-rates-2573891.html
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Is Gas Program Better Than Electric Central Heating?
LPG gas conversion has become very prominent nowadays utilizing increasing rise in price of diesels and petrol. For people who have a car that runs in petrol or diesel and want it to convert it to a LPG fuel system, hurry up! You'll convert your car from a single fuel to bi-fuel engine system now ,. However, now you may be thinking in regard to the cost of converting your car to LPG. Isn't which it?
Airtricity, another competitor to Bord Gais and the ESB, are progressing with their own campaign and they inform us that 13 per cent off ESB rates is actually getting five weeks free and Bord Gais's latest message is this : there's no excuse for not making and also the Switch.
The best news for the ESB, dwindles consumers, is the fact , the regulator has imply ESB saving money light permit for them collection their own prices and compete on price with Bord Gais and Airtricity.
Answer: No there are absolutely no hidden charges or can cost. You will see the best possible suppliers in your area on the outcomes screen and also you choose 1 you select to sign up with - assuming you in order to be switch supplier in very first. You may decide stay with your overall lpg supplier Singapore.
The thermocouple is the first consumable part to wear out, this part can range between 12 if happen to be unlucky if not more to many years depending across the constant involving the patio heater, storage and aid. Changing a thermocouple will fix 80% most lighting fears. An quick and uncomplicated way to function out what the thermocouple looks like and discover how to fix them will be always to view a patio heater spares to the match for your personal type of patio tank.
Hyundai visited India they were pleasantly surprised liberalization among the Indian country's economy. The company showed up with its first car Hyundai Santro in the nation. It hired film actor Shahrukh Khan as the emblem ambassador of Santro and popular at a time Indian car buyers.
Hyundai has seen great success in the Indian provide. The company has become India's second biggest car manufacturer in the event the market leader Maruti Suzuki. One reason of discuss of an additional is launching small cars in Pakistan. As most of Indians do n't have any car and individuals are price-conscious, small cars are purchased in the biggest numbers in the states.
These would be easy and safe in order to pack the majority of the items of kitchen. If you find yourself thinking of hiring a qualified moving company then you are hire one of the reliable Pune Packers Moving services. The professional moving agencies provide all kinds of services and facilities to pack it and move clients' valuable goods in a proper fashion. They help people in all forms of relocations. Aid people in residential relocation, commercial relocation and industrial moving. Most of the packers movers Pune are registered. You can hire any company that is there to provide required services with your limited investing.
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blogyamini · 4 years
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Compressed Natural Gas Market : Leading Segments and their Growth Drivers 2020-2026
New York, NY 13 May 2020 :The global compressed natural gas market is anticipated to reach USD 218.18 billion by 2026 according to a new study published by Polaris Market Research.
CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions. Higher prices of petrol/diesel compared to CNG and increasing concerns for environmental pollution, CNG has found a prominent space in the league of transportation fuels for all types of vehicles. The initial conversion cost to CNG is a barrier for the users as a transportation fuel. However, the public transportation vehicles have been the early adopters of the product, as it is easy to amortize the money invested at a faster rate in the new fuel type. Apart from these, the number of CNG vehicles worldwide has grown annually at 30% for the past five years.
CNG itself has been a significant phenomenon which is out in the global market for the past decade. Its benefits of being the cleanest fossil fuel that emit the least amount of impurities that gasoline or diesel produces. Moreover, CNG is much more fuel efficient in comparison to gasoline. Owing to its clean-characteristics, it increases vehicles longevity and increases the maintenance intervals. Change of engine oil with filter is required to be done after every 3,000 to 4,000 miles for a typical gasoline vehicle, but for the CNG vehicles it extends over 9,000 to 10,000 miles. Technological developments in CNG vehicles which are currently equipped with clean burning fuel systems, CNG enables to save almost half of the gasoline price along with much lower levels of emission thus contributing towards a greener environment. Therefore, these factors of CNG being the cleanest transportation fuel for vehicles with an offering of similar vehicle performance, relatively low product cost and with significantly low carbon emissions compared to other fossil fuels, the industry is expected to develop significantly over the forecast period.
Request for a sample of this research report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/request-for-sample
Asia Pacific was the largest regional market in 2017. Pakistan was the largest market in terms of presence of CNG vehicles in the region. India, China and Thailand are yet other emerging nations for growing product demand. Latin America is expected to be one of the fastest growing regional markets backed by momentous demand from Argentina and Brazil. Europe on the other hand is a potential contributor to its demand with Russia and Italy leading the way, however, growing popularity of electric vehicles in many of the nations such as the Netherlands is projected to hinder industry growth over the forecast period.
Some of the leading industry participants include China Natural Gas Inc., NeoGas Inc, ANGI Energy Systems Inc, GNVert, Trillium CNG, OAO GasProm, J-W Power Company, Mahanagar gas Limited (MNGL), National Iranian Gas Company, and Indraprastha Gas Limited (IGL).
Get Exclusive Discount on This Report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/request-for-discount-pricing
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
Contact Us:
Polaris Market Research
Phone: 1-646-568-9980
Web: www.polarismarketresearch.com
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blogyamini · 4 years
Text
Compressed Natural Gas Market is Projected to Witness a Steady Growth by 2026
New York, NY 27 Mar 2020 :The global compressed natural gas market is anticipated to reach USD 218.18 billion by 2026 according to a new study published by Polaris Market Research.
CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions. Higher prices of petrol/diesel compared to CNG and increasing concerns for environmental pollution, CNG has found a prominent space in the league of transportation fuels for all types of vehicles. The initial conversion cost to CNG is a barrier for the users as a transportation fuel. However, the public transportation vehicles have been the early adopters of the product, as it is easy to amortize the money invested at a faster rate in the new fuel type. Apart from these, the number of CNG vehicles worldwide has grown annually at 30% for the past five years.
CNG itself has been a significant phenomenon which is out in the global market for the past decade. Its benefits of being the cleanest fossil fuel that emit the least amount of impurities that gasoline or diesel produces. Moreover, CNG is much more fuel efficient in comparison to gasoline. Owing to its clean-characteristics, it increases vehicles longevity and increases the maintenance intervals. Change of engine oil with filter is required to be done after every 3,000 to 4,000 miles for a typical gasoline vehicle, but for the CNG vehicles it extends over 9,000 to 10,000 miles. Technological developments in CNG vehicles which are currently equipped with clean burning fuel systems, CNG enables to save almost half of the gasoline price along with much lower levels of emission thus contributing towards a greener environment. Therefore, these factors of CNG being the cleanest transportation fuel for vehicles with an offering of similar vehicle performance, relatively low product cost and with significantly low carbon emissions compared to other fossil fuels, the industry is expected to develop significantly over the forecast period.
Request for a sample of this research report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/request-for-sample
Asia Pacific was the largest regional market in 2017. Pakistan was the largest market in terms of presence of CNG vehicles in the region. India, China and Thailand are yet other emerging nations for growing product demand. Latin America is expected to be one of the fastest growing regional markets backed by momentous demand from Argentina and Brazil. Europe on the other hand is a potential contributor to its demand with Russia and Italy leading the way, however, growing popularity of electric vehicles in many of the nations such as the Netherlands is projected to hinder industry growth over the forecast period.
Some of the leading industry participants include China Natural Gas Inc., NeoGas Inc, ANGI Energy Systems Inc, GNVert, Trillium CNG, OAO GasProm, J-W Power Company, Mahanagar gas Limited (MNGL), National Iranian Gas Company, and Indraprastha Gas Limited (IGL).
Get Exclusive Discount on This Report @ https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng-market/request-for-discount-pricing
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
Contact Us:
Mr. Likhil
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Web: www.polarismarketresearch.com
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