The global natural gas industry has grown in recent years as the result of the growing awareness about the environmental viability of liquefied and compressed natural gas as a fuel, particularly in comparison to other fossil fuels such as petrol and diesel. LNG and CNG are being used on a large scale as vehicle fuel in the developed as well as the developing world. LNG is mainly used in passenger vehicles, whereas CNG is being adopted in public transportation and commercial vehicles.
Natural gas is extracted through sources either associated with oil and gas exploration projects or unconventional and non-associated sources. Due to the shrinking amounts of petroleum to be extracted from conventional crude oil sites, unconventional and non-associated natural gas extraction is picking up speed in the global natural gas market. This is expected to be a dominant trend to watch for industry players.
The reports on the global natural gas industry on QYResearchReports.com provide a comprehensive overview of the industry, with regional and product-wise segmentation of the global market taken into account while describing the industry. The reports contain data gathered through primary and secondary research methods and analyzed with the help of industry-standard analytical tools such as SWOT analysis, Porter’s five forces analysis, and market attractiveness analysis.
The reports on QYResearchReports.com are thus the best source of information about the global natural gas industry for both existing and prospective players.