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Compressed Natural Gas (CNG) Market, Global Outlook and Forecast 2022-2028

Compressed Natural Gas (CNG) Market, Global Outlook and Forecast 2022-2028

  • Published on : 06 July 2022
  • Pages :77
  • Report Code:SMR-7185004

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Report overview

Compressed natural gas is a fuel which can be used in place of gasoline (petrol), diesel fuel and propane/LPG.
This report contains market size and forecasts of Compressed Natural Gas (CNG) in global, including the following market information:

  • Global Compressed Natural Gas (CNG) Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global Compressed Natural Gas (CNG) Market Sales, 2017-2022, 2023-2028, (K MT)
  • Global top five Compressed Natural Gas (CNG) companies in 2021 (%)

The global Compressed Natural Gas (CNG) market was valued at 189400 million in 2021 and is projected to reach US$ 277500 million by 2028, at a CAGR of 5.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Associated Gas Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Compressed Natural Gas (CNG) include Indraprastha Gas, National Iranian Gas, Mahanagar Gas, J-W Power, OAO Gazprom, GNVert, ANGI Energy Systems, NeoGas and China Natural Gas. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Compressed Natural Gas (CNG) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Compressed Natural Gas (CNG) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Compressed Natural Gas (CNG) Market Segment Percentages, by Type, 2021 (%)

  • Associated Gas
  • Non-Associated Gas
  • Unconventional Methods

Global Compressed Natural Gas (CNG) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Compressed Natural Gas (CNG) Market Segment Percentages, by Application, 2021 (%)

  • Light Duty Vehicles
  • Medium/Heavy Duty Buses
  • Medium/Heavy Duty Trucks

Global Compressed Natural Gas (CNG) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Compressed Natural Gas (CNG) Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Compressed Natural Gas (CNG) revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Compressed Natural Gas (CNG) revenues share in global market, 2021 (%)
  • Key companies Compressed Natural Gas (CNG) sales in global market, 2017-2022 (Estimated), (K MT)
  • Key companies Compressed Natural Gas (CNG) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Indraprastha Gas
  • National Iranian Gas
  • Mahanagar Gas
  • J-W Power
  • OAO Gazprom
  • GNVert
  • ANGI Energy Systems
  • NeoGas
  • China Natural Gas