Compressed Natural Gas (CNG) Market is estimated to reach US$ 120.4 billion by 2032 | Major players - Gazprom, Rosneft, Lukoil, BP PLC.

Market Size and Growth:

The Global Compressed Natural Gas (CNG) Market size was worth US$ 92.0 billion in 2024 and is estimated to reach US$ 120.4 billion by 2032, growing at a CAGR of 3.45% during the forecast period (2025-2032).

The Compressed Natural Gas (CNG) Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Compressed Natural Gas (CNG) Market encompasses the production, distribution, and utilization of natural gas stored at high pressure for use as a cleaner alternative fuel. CNG is primarily employed in transportation, industrial applications, and power generation, offering lower emissions and cost-effectiveness compared to conventional fuels. Market growth is driven by environmental regulations, rising fuel prices, and adoption of sustainable energy solutions.

Recent Key Developments of United States:

✅ December 2025: US regulators expedited approvals for new CNG refueling infrastructure in California to support fleet transitions amid rising diesel costs, enhancing station capacity by 15% in key highways.​

✅ November 2025: A major partnership between a Texas energy firm and vehicle manufacturers launched CNG-compatible heavy-duty trucks, targeting logistics sectors with emissions reductions of up to 25%.​

✅ October 2025: Federal incentives under the 2025 energy bill boosted CNG vehicle adoption in public transit, adding 500 buses nationwide through subsidized conversions.​

Recent Key Developments of Japan:

✅ December 2025: Niigata prefecture approved restarts of natural gas facilities, indirectly supporting CNG infrastructure by improving regional supply chains for non-associated gas used in compression.​

✅ November 2025: JERA announced supply measures for winter, including strategic buffer LNG that aids CNG blending for industrial vehicles, stabilizing prices for light-duty applications.​

✅ October 2025: Government-backed research advanced methane hydrate extraction, positioning it as a domestic source for CNG production to cut import reliance by 10% in transport sectors.

List of the Key Players in the Compressed Natural Gas (CNG) Market:

Gazprom
Rosneft
Lukoil
PAO Novatek
BP PLC
Royal Dutch Shell PLC
Saudi Arabian Oil Co.
TotalEnergies
Exxon Mobil Corporation
China National Petroleum Corporation.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Compressed Natural Gas (CNG) Market:

By Type: Type I, Type II, Type III.

By Source: Associated, Non-Associated, Unconventional.

By Application: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Heavy Duty Truck.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Compressed Natural Gas (CNG) market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Compressed Natural Gas (CNG) Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Compressed Natural Gas (CNG) market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Compressed Natural Gas (CNG) Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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