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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:
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 (%)
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 (%)
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 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: