Press release
COVID-19 is Impacting the Global Substitute Natural Gas Market 2020 | Major players are Basin Electric Power Cooperative, Zentrum fur Sonnenenergie- und Wasserstoff-Forschung Baden-Wurttemberg, Air Liquide, TransTech Energy, LLC and National Gas Company
Global Substitute Natural Gas Market
Market Analysis:
Global substitute natural gas market is expected to register a substantial CAGR of 9.6% in the forecast period of 2019-2026. The rise in the market value can be attributed to the increasing government initiatives for a greener environment and high price of natural gas.
Get a Sample Copy of Report @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-substitute-natural-gas-market
Key Developments in the Market:
In June 2018, GAIL and IOCL are planning to set up two new synthetic natural gas (SNG) projects in Odisha, India. GAIL will set up their project at Talcher, while, IOCL will set up their project at Paradip. The new projects will help the companies to penetrate in the SNG market, giving new avenues for them to grow in future
In May 2018, Karlsruhe Institute of Technology (KIT) have launched renewable methane from a biomass-based synthesis gas mixture with the help of honeycomb catalyst in their pilot plant for methanation. The synthetic natural gas (SNG) produced by it shows similar properties to that of fossil natural gas. This launch will help to improve honeycomb methanation and for optimizing the catalysts for the use in large facilities
Global Substitute Natural Gas Market By Source (Coal, Oil, Biomass, Solid Waste, Others), Application (Transportation (Automotive (Passenger Cars, Two/Three Wheelers, Commercial Vehicles), Agricultural Vehicles, Marine, Railways, Aviation, Others), Energy, Residential Heating, Industrial, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Drivers:
Rising requirement for substitute natural gas (SNG) from Asia-Pacific region is expected to drive the market in the forecast period
Increasing government initiatives for environmental greenery is a driver for this market
Restricted supply and high price of natural gas is boosting the market growth
Increased demand of substitute natural gas for various applications, will also propel the market growth
Market Restraints:
High initial investment for the installation of SNG plant is expected to restrain the market in the forecast period
Increase in prices of fossil fuel due to the high usage of aluminium nitride, will also hampers the market growth
Competitive Analysis:
Global substitute natural gas market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of substitute natural gas market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Global Substitute Natural Gas Market
By Source
Coal
Oil
Biomass
Solid Waste
Others
By Application
Transportation
Automotive
Passenger Cars
Two/Three Wheelers
Commercial Vehicles
Agricultural Vehicles
Marine
Railways
Aviation
Others
Energy
Residential Heating
Industrial
Others
Research objectives
To perceive the most influencing pivoting and hindering forces in Substitute Natural Gas Market and its footprint in the international market.
Learn about the market policies that are being endorsed by ruling respective organizations.
To gain a perceptive survey of the market and have an extensive interpretation of the Substitute Natural Gas Market and its materialistic landscape.
To understand the structure of Substitute Natural Gas Market by identifying its various sub segments.
Focuses on the key global Substitute Natural Gas Market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Substitute Natural Gas Market submarkets, with respect to key regions (along with their respective key countries).
To strategically profile the key players and comprehensively analyze their growth strategies
To analyze the Substitute Natural Gas Market with respect to individual growth trends, future prospects, and their contribution to the total market.
Market Definition: Global Substitute Natural Gas Market
Substitute natural gas or also called as synthetic natural gas (SNG) is a fuel gas that is produced from fossil fuels and renewable sources such as coal and biofuels. They are ideal for transmission in natural gas pipelines and serves as a substitute for natural gas. SNG is produced by the gasification of biomass and coal, after which methanation is done. They can be converted from coal through five processes which are underground hydrogasification, underground steam-oxygen gasification, hydrogasification, catalytic steam gasification and steam-oxygen gasification.
Inquire about this report from our expert's @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-substitute-natural-gas-market
Key Developments in the Market:
In June 2018, GAIL and IOCL are planning to set up two new synthetic natural gas (SNG) projects in Odisha, India. GAIL will set up their project at Talcher, while, IOCL will set up their project at Paradip. The new projects will help the companies to penetrate in the SNG market, giving new avenues for them to grow in future
In May 2018, Karlsruhe Institute of Technology (KIT) have launched renewable methane from a biomass-based synthesis gas mixture with the help of honeycomb catalyst in their pilot plant for methanation. The synthetic natural gas (SNG) produced by it shows similar properties to that of fossil natural gas. This launch will help to improve honeycomb methanation and for optimizing the catalysts for the use in large facilities
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.??
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release COVID-19 is Impacting the Global Substitute Natural Gas Market 2020 | Major players are Basin Electric Power Cooperative, Zentrum fur Sonnenenergie- und Wasserstoff-Forschung Baden-Wurttemberg, Air Liquide, TransTech Energy, LLC and National Gas Company here
News-ID: 2034362 • Views: …
More Releases from Data Bridge Market Research
Preparative and Process Chromatography Market CAGR of 8.8% by 2029, Size, Share, …
"Preparative and Process Chromatography Market research report has been prepared with the systematic gathering and evaluation of market information for industry which is presented in a form that explains various facts and figures to the business. Report saves valuable time as well as adds credibility to the work that is performed to grow business. This quality report has been planned with full commitment and transparency in research and analysis.…
Neonatal Seizures Drugs Market CAGR of 3.40% by 2029, Size, Share, Trends, Deman …
"Global Sodium Lactate Market report focuses on several essential parameters related to the market that includes but are not limited to a competitive landscape, brief segmentation and industrial infrastructure. The document also explains key elements such as revenue, business distribution, market share, shipment, gross profit, and more. All these elements help the readers to understand more information about industry competitors. Being the most suitable example of the above attributes, the…
Cold Chain Monitoring Components Market CAGR of 15.3% by 2028, Size, Share, Tren …
Data Bridge Market research has recently released expansive research titled Global Cold Chain Monitoring Components Market guarantees you will remain better informed than your competition.The report is formulated based on the market type, organization size, availability on-premises, the end-users' organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Businesses can accomplish knowledge about complete background analysis of the…
Sodium Hypophosphite: Unveiling the Power of this Essential Chemical Compound
The rise in demand for water treatment in industrial applications across the globe acts as one of the major factors driving the growth of sodium hypophosphite market. The rise in usage of sodium hypophosphite in the electroplating application as reducing agents, and increase in electroplating of metal surface assist in enhancing properties such as abrasion resistance, hardness, corrosion resistance, and strength among others accelerate the market growth. The increase in…
More Releases for Substitute
Global Artificial blood substitute Market Competitive Landscape 2021
Market Overview
This market report can help the companies to make crucial business plans on production techniques, raw materials procurement, and to increase the industry chain cycle of the market globally. The case study report is a brief history and a detailed assessment of the Artificial blood substitute market 2021 including key company profiles, and overall competitive scenario, key market trends, upcoming technologies, industry drivers, challenges, regulatory policies. The report marks…
Global Natural Sugar Substitute Market Analysis (2020-2025)
Global Info Research offers a latest published report on Natural Sugar Substitute Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Natural Sugar Substitute Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report TOC, figure…
Meat Substitute Market (2019-2025) – Get detailed COVID-19 impact analysis on …
Meat substitute is a food that may have a taste, texture, and appearance similar to meat but does not contain meat. Nowadays, growing awareness in the population about healthy and sustainable foods has led to a rising interest in meat substitutes across the globe. The new consumer group of flexitarians, who reduce their meat consumption in their daily diet, is growing rapidly. This change in eating pattern requires new products…
Meat Substitute Market (2019-2025) – Get detailed COVID-19 impact analysis on …
Meat substitute is a food that may have a taste, texture, and appearance similar to meat but does not contain meat. Nowadays, growing awareness in the population about healthy and sustainable foods has led to a rising interest in meat substitutes across the globe. The new consumer group of flexitarians, who reduce their meat consumption in their daily diet, is growing rapidly. This change in eating pattern requires new products…
Dural Substitute Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Dural Substitute Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Dural Substitute players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Dural Substitute with respect to individual growth…
Global Meat Substitute Market Research Report 2018
This report studies the size of the global market of meat substitutes in major areas such as North America, Europe, Asia Pacific, Central and South the America, and the Middle East and Africa; focuses on the consumption of meat substitutes in these areas. This research report categorizes the global Meat Substitute market by players/brands, region, type and application. This report also studies the analysis of the five forces of global…
