Compressed Natural Gas Market - Global Opportunity Analysis and Industry Forecast, 2016-2023
Compressed natural gas (CNG) is produced by compressing natural gas to less than 1 percent of the volume and is stored in cylinders at a pressure of 2025 MPa. CNG is used in internal combustion engine of automobiles that are modified for gasoline/diesel, which further propels its market growth. Global consumption of CNG is dependent upon the number of CNG powered natural gas vehicles in operation.
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