Natural Gas Refueling Infrastructure Market to Reflect Impressive Growth Rate by 2022

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Natural Gas Refueling Infrastructure Market

• - Global Industry Analysis, Size, Share, Growth
  Trends  2014 - 2022

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Natural Gas Refueling Infrastructure Market
Overview

• Several new projects for developing natural gas
  facilities have surfaced across the globe. These
  projects have played a key role in driving demand
  within the global natural gas refuelling
  infrastructure market. 
• A recent agreement between Snam, the European
  giant in gas infrastructure, and Italys renowned
  fuel station company, IP, has sent ripples across
  the global energy sector.
• The companies agreed to collaborate on building
  26 new gas refuelling plants across Italy in
  2020. This development, coupled with several
  other announcements related to the energy
  industry, has bolstered market growth.

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Growing Use of CNG and LNG in Automobiles
The presence of a stellar automobile industry has
played an integral role in the growth of the
global natural gas refuelling infrastructure
market. Several types of vehicles run on
natural gas, and this factor necessitates the
need for CNG and LNG power stations.
Furthermore, the importance of diesel and
gasoline stations in urban centers has also
generated huge-scale demand within the global
natural gas refuelling infrastructure market.
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Safety Concerns Related to Development of Gas
Refuelling Stations

• The U.S. Department of Energy releases key
  stipulations and standards that need to be
  adhered while developing refuelling stations.
• The renewable energy domain of the department has
  imposed tall standards for safety and resilience.
• The National Fire Prevention Association's
  Vehicular Gaseous Fuel Systems Code is one of the
  guidelines that need to be followed while
  developing energy infrastructure.

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Some of the leading players in market 

• Abu Dhabi National Oil Company
• Blu LNG, Clean Energy Fuels
• ENN Energy Holdings Limited
• Fuel System Solutions, Inc.

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