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The compressed natural gas (CNG) market is forecasted to grow by USD 19.77 bn during 2023-2028, accelerating at a CAGR of 7.51% during the forecast period. The report on the compressed natural gas (CNG) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of CNG -powered vehicles, increase in demand for cleaner transportation fuels, and increased government support for adoption of CNG .
The compressed natural gas (CNG) market is segmented as below:
By Application
- LDV
- MDV
- HDV
By Source
- Non associated gas
- Unconventional gas
- Associated gas
By Geographical Landscape
- APAC
- Middle East and Africa
- South America
- Europe
- North America
The report on the compressed natural gas (CNG) market covers the following areas:
- Compressed natural gas (CNG) market sizing
- Compressed natural gas (CNG) market forecast
- Compressed natural gas (CNG) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global compressed natural gas (CNG) market: Bharat Petroleum Corp. Ltd., BP Plc, Chevron Corp., China National Petroleum Corp., Clean Energy Fuels Corp., CNG Fuels Ltd., E.ON SE, ENGIE SA, Eni SpA, Gazprom Nedra LLC, Gujarat Gas Ltd., Maharashtra Natural Gas Ltd., ONTRAS Gastransport GmbH, OrangeGas BV., Shell plc, Snam SpA., TotalEnergies SE, Trillium Transportation Fuels LLC, VERBIO Vereinigte BioEnergie AG, and Indraprastha Gas Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increase in supply of natural gas.'
According to the report, one of the major drivers for this market is the increase in number of CNG-powered vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bharat Petroleum Corp. Ltd.
- BP Plc
- Chevron Corp.
- China National Petroleum Corp.
- Clean Energy Fuels Corp.
- CNG Fuels Ltd.
- E.ON SE
- ENGIE SA
- Eni SpA
- Gazprom Nedra LLC
- Gujarat Gas Ltd.
- Maharashtra Natural Gas Ltd.
- ONTRAS Gastransport GmbH
- OrangeGas BV.
- Shell plc
- Snam SpA.
- TotalEnergies SE
- Trillium Transportation Fuels LLC
- VERBIO Vereinigte BioEnergie AG
- Indraprastha Gas Ltd.
