With an increase in the number of natural gas vehicles, significant growth in natural gas refueling infrastructure has been witnessed across the globe. Natural gas is primarily used in two forms, namely compressed natural gas (CNG) and liquefied natural gas (LNG). Natural gas when compressed over 200 bars gets converted into CNG and is stored in high-pressure storage tanks. Natural gas when cooled to -161?C gets converted in liquid form and is stored in highly-insulated tanks. Generally, CNG occupies more volume of gas at standard conditions while LNG occupies small volume of gas.
This report contains market size and forecasts of Natural Gas Refueling Infrastructure in Global, including the following market information:
- Global Natural Gas Refueling Infrastructure Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Natural Gas Refueling Infrastructure market was valued at 63360 million in 2021 and is projected to reach US$ 107090 million by 2028, at a CAGR of 7.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Compressed Natural Gas Stations Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Natural Gas Refueling Infrastructure include Apache, Blu LNG, Cryostar SAS, Trillium CNG, Gazprom, PETRONAS, Abu Dhabi National Oil Company, BP and Indraprastha Gas, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural Gas Refueling Infrastructure companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Natural Gas Refueling Infrastructure Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Natural Gas Refueling Infrastructure Market Segment Percentages, by Type, 2021 (%)
- Compressed Natural Gas Stations
- Liquefied Natural Gas Stations
Global Natural Gas Refueling Infrastructure Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Natural Gas Refueling Infrastructure Market Segment Percentages, by Application, 2021 (%)
- Natural Gas Vehicles (NGV)
- Large CNG Sub Station Vehicles
- Ships
- Others
Global Natural Gas Refueling Infrastructure Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Natural Gas Refueling Infrastructure 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 Natural Gas Refueling Infrastructure revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Natural Gas Refueling Infrastructure revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Apache
- Blu LNG
- Cryostar SAS
- Trillium CNG
- Gazprom
- PETRONAS
- Abu Dhabi National Oil Company
- BP
- Indraprastha Gas
- ENN Energy Holdings
- GE Oil & Gas
- GNC Galileo