Argentina, Brazil, Pakistan and Italy Account for 78% of the Worlds CNG Vehicle Market.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c30592) has announced the addition of Extended Expert View: CNG in Europe - Current Trends and Future Prospects to their offering.

The environmental and economic advantages of Compressed Natural Gas (CNG) are well documented. However, utilisation of CNG as a road fuel in Europe remains very modest with only limited penetration into the European car parc. This report examines the existing penetration of CNG as a road fuel in Europe and highlights its future prospects.

Scope

--Insight into the current level of CNG penetration in Europe

--Analysis of the structural and market based factors impacting CNG use

--Broadly based insight into the dynamics within Europe's leading CNG markets and an overview of the factors that have promoted growth in these markets

--Insight into how rising gasoline prices have increased the viability of CNG

Highlights

Globally, CNG consumption is heavily concentrated into a small number of markets. Collectively Argentina, Brazil, Pakistan and Italy account for 78% of the worlds CNG powered vehicles.

In Europe, other than in Italy, CNG use remains very minimal. France, Germany, Italy, Ireland and Sweden are the main European CNG markets outside of Italy though even here rates of penetration into the overall car parc are minimal and represent only a fraction of the global CNG market.

Europe has, or can easily put in place, the factors required to support greater utilisation of CNG. Thus, given sufficient political willingness, the wider spread use of CNG as a road fuel in Europe can be achieved with relative ease.

Reasons to Purchase

--Assess the likely future direction of the European CNG market

--Highlight which individual markets are currently leading CNG use in Europe and why

--Gain an understanding of how structural factors impact on the future development of the European CNG market

Topics Covered

CHAPTER 1

CNG use in Europe is currently very limited, though could be significantly increased with relatively little effort.

CHAPTER 2 INTRODUCTION

CNG technology has a number of cost and environmental advantages which are contributing to its continued growth globally.

CHAPTER 3 MARKET CONTEXT

There are five main factors driving CNG penetration and impacting its future growth in individual markets.

Around 78% of the world's 4.7 million NGVs are located in four countries.

The penetration of NGVs into the wider Car Parc elsewhere in Europe outside of Italy is minimal.

Outside of Italy, five markets account for around 14% of European NGVs, though numbers vary widely.

CHAPTER 4 MARKET TRENDS

The relatively well developed nature of the Italian CNG market has been driven by proactive Government initiatives.

The recent growth in the popularity of CNG in Germany has been driven by a Governmental and industry protocol developed in 2001.

Strong tax incentives and support from motor manufacturers have catalysed French CNG use. CNG use in Sweden and Ireland is surprisingly high given the limited penetration of gas into the wider energy mix.

Natural gas plays a sufficiently strong role in the European energy mix to prevent supply availability being a barrier to wider CNG use.

Rising petrol prices have increased the attractiveness of CNG in Europe's leading.

CNG markets

CHAPTER 5 CONCLUSIONS

The advantages of CNG are clear and as such the onus must now be on governments to further develop its use in Europe.

Related reports and contact details

LIST OF FIGURES

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