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The global Compressed Natural Gas market was valued at US$ 41440 million in 2022 and is projected to reach US$ 60490 million by 2030, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Compressed natural gas (CNG) (methane stored at high pressure) is a fuel which can be used in place of gasoline , diesel fuel and propane/LPG. CNG combustion produces fewer undesirable gases than the fuels mentioned above. It is safer than other fuels in the event of a spill, because natural gas is lighter than air and disperses quickly when released. Biomethane - cleaned up biogas from anaerobic digestion or landfills - can be used.
This report aims to provide a comprehensive presentation of the global market for Compressed Natural Gas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compressed Natural Gas. This report contains market size and forecasts of Compressed Natural Gas in global, including the following market information:

• Global Compressed Natural Gas Market Revenue, 2018-2023, 2024-2030, ($ millions)
• Global Compressed Natural Gas Market Sales, 2018-2023, 2024-2030, (K Nm?)
• Global top five Compressed Natural Gas companies in 2022 (%)

In recent years, the share of natural gas in the global energy mix has drastically increased. The compressed natural gas (CNG) is used widely in heavy duty transportation vehicles due to affordability and eco-friendliness. With the rise in the environmental issues such as climatic changes and depleting ozone layer many nations across the globe have started using CNG in power production.
We surveyed the Compressed Natural Gas 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 Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Nm?)
Global Compressed Natural Gas Market Segment Percentages, by Type, 2022 (%)

• Associated Gas
• Non-Associated Gas
• Unconventional Sources (CNG)

Global Compressed Natural Gas Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Nm?)
Global Compressed Natural Gas Market Segment Percentages, by Application, 2022 (%)

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

Global Compressed Natural Gas Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Nm?)
Global Compressed Natural Gas Market Segment Percentages, By Region and Country, 2022 (%)

• 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 revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Compressed Natural Gas revenues share in global market, 2022 (%)
Key companies Compressed Natural Gas sales in global market, 2018-2023 (Estimated), (K Nm?)
Key companies Compressed Natural Gas sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• National Iranian Gas Company
• Indraprastha Gas Limited
• Royal Dutch Shell PLC
• Gazprom
• NEOgas
• Trillium CNG
• China Natural Gas
• Pakistan State Oil
• J-W Power Company
• GNVert
• Exxon Mobil Corporation
• BP P.L.C
• Total S.A
• Chevron Corporation
• Eni S.p.A.
• Equinor
• ConocoPhillips Co.
• Cabot Oil & Gas Corporation
• Southwestern Energy Company
• Chesapeake

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Compressed Natural Gas, market overview.
• Chapter 2: Global Compressed Natural Gas market size in revenue and volume.
• Chapter 3: Detailed analysis of Compressed Natural Gas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Compressed Natural Gas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Compressed Natural Gas capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.