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Compressed Natural Gas Market Size, Share, Trends, Growth

CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions.

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Compressed Natural Gas Market Size, Share, Trends, Growth

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  1. Compressed Natural Gas Market Market Size Worth $218.18 Billion by 2026 | CAGR 11.9%

  2. Compressed Natural Gas Market Size Worth $218.18 Billion by 2026 “Compressed Natural Gas (CNG) Market [By Product Type (Associated Gas, Non- Associated Gas, Unconventional Gas); By Application (Light Passenger Vehicles, Medium/Heavy Duty Vehicles, Three Wheeler Vehicles); By Regions]: Market size & Forecast, 2017 – 2026” The global compressed natural gas market is anticipated to reach USD 218.18 billion by 2026 according to a new study published by Polaris Market Research. CNG has been gaining importance as clean fuel in traditional internal combustion gasoline engines. CNG fueled vehicles are increasingly being used in Asia-Pacific region, Europe, Latin America, and North America owing to the increasing gasoline prices and as an important initiative to reduce carbon emissions. Higher prices of petrol/diesel compared to CNG and increasing concerns for environmental pollution, CNG has found a prominent space in the league of transportation fuels for all types of vehicles. The initial conversion cost to CNG is a barrier for the users as a transportation fuel. However, the public transportation vehicles have been the early adopters of the product, as it is easy to amortize the money invested at a faster rate in the new fuel type. Apart from these, the number of CNG vehicles worldwide has grown annually at 30% for the past five years. Browse Detailed Research Report On Compressed Natural Gas Market Analysis: https://www.polarismarketresearch.com/industry-analysis/compressed-natural-gas-cng- market CNG itself has been a significant phenomenon which is out in the global market for the past decade. Its benefits of being the cleanest fossil fuel that emit the least amount of impurities that gasoline or diesel produces. Moreover, CNG is much more fuel efficient in comparison to gasoline. Owing to its clean- characteristics, it increases vehicles longevity and increases the maintenance intervals. Change of engine oil with filter is required to be done after every 3,000 to 4,000 miles for a typical gasoline vehicle, but for the CNG vehicles it extends over 9,000 to 10,000 miles. Asia Pacific was the largest regional market in 2017. Pakistan was the largest market in terms of presence of CNG vehicles in the region. India, China and Thailand are yet other emerging nations for growing product demand. Latin America is expected to be one of the fastest growing regional markets backed by momentous demand from Argentina and Brazil. Europe on the other hand is a potential contributor to its demand with Russia and Italy leading the way, however, growing popularity of electric vehicles in many of the nations such as the Netherlands is projected to hinder industry growth over the forecast period. - 2 -

  3. Compressed Natural Gas Market Size Worth $218.18 Billion by 2026 Some of the leading industry participants include China Natural Gas Inc., NeoGas Inc, ANGI Energy Systems Inc, GNVert, Trillium CNG, OAO GasProm, J-W Power Company, Mahanagar gas Limited (MNGL), National Iranian Gas Company, and Indraprastha Gas Limited (IGL). Request for sample: https://www.polarismarketresearch.com/industry-analysis/compressed- natural-gas-cng-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. CNG Market Insights 3.1. CNG– Industry snapshot 3.2. CNG -Ecosystem analysis 3.3. CNG market dynamics 3.3.1. CNG– Market Forces 3.3.1.1. 3.3.1.2. CNG Market driver analysis CNG Market restraint/challenges analysis - 3 -

  4. Compressed Natural Gas Market Size Worth $218.18 Billion by 2026 3.3.1.3. 3.3.2. Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier 3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3. CNG market PEST analysis, 2017 3.3.4. CNG market Value Chain analysis 3.3.5. CNG Industry trends 3.3.6. Competitive Ranking Analysis 4. CNG Market Size and Forecast by Product Type 4.1. Key Findings 4.2. Associated gas 4.2.1. Global Market Estimates and Forecasts, 2017-2026 4.3. Non Associated Gas 4.3.1. Global Market Estimates and Forecasts, 2017-2026 4.4. Unconventional Gas 4.4.1. Global Market Estimates and Forecasts, 2017-2026 5. CNG Market Size and Forecast by Vehicle Type 5.1. Key Findings 5.2. Light Passenger Vehicles 5.2.1. Global Market Estimates and Forecasts, 2017-2026 5.3. Medium/Heavy Duty Vehicles 5.3.1. Global Market Estimates and Forecasts, 2017-2026 5.4. Three Wheeler Vehicles 5.4.1. Global Market Estimates and Forecasts, 2017-2026 6. CNG Market Size and Forecast by Regions 6.1. Key findings 6.2. North America 6.2.1. CNG market by product type, 2017 - 2026 6.2.2. CNG market by application type, 2017 - 2026 6.2.3. U.S. 6.2.3.1. CNG market by product type, 2017 - 2026 6.2.3.2. CNG market by application type, 2017 - 2026 6.2.4. Canada 6.2.4.1. CNG market by product type, 2017 - 2026 6.2.4.2. CNG market by application type, 2017 - 2026 6.3. Europe 6.3.1. CNG market by product type, 2017 - 2026 6.3.2. CNG market by application type, 2017 - 2026 6.3.3. Germany 6.3.3.1. CNG market by product type, 2017 - 2026 6.3.3.2. CNG market by application type, 2017 - 2026 6.3.4. UK 6.3.4.1. CNG market by product type, 2017 - 2026 6.3.4.2. CNG market by application type, 2017 - 2026 6.3.5. France 6.3.5.1. CNG market by product type, 2017 - 2026 6.3.5.2. CNG market by application type, 2017 - 2026 6.4. Asia Pacific 6.4.1. CNG market by product type, 2017 - 2026 CNG Market opportunity analysis - 4 -

  5. Compressed Natural Gas Market Size Worth $218.18 Billion by 2026 6.4.2. CNG market by application type, 2017 - 2026 6.4.3. China 6.4.3.1. CNG market by product type, 2017 - 2026 6.4.3.2. CNG market by application type, 2017 - 2026 6.4.4. India 6.4.4.1. CNG market by product type, 2017 - 2026 6.4.4.2. CNG market by application type, 2017 - 2026 6.4.5. Pakistan 6.4.5.1. CNG market by product type, 2017 - 2026 6.4.5.2. CNG market by application type, 2017 - 2026 6.5. Latin America 6.5.1. CNG market by product type, 2017 - 2026 6.5.2. CNG market by application type, 2017 - 2026 6.5.3. Brazil 6.5.3.1. CNG market by product type, 2017 - 2026 6.5.3.2. CNG market by application type, 2017 - 2026 6.5.4. Mexico 6.5.4.1. CNG market by product type, 2017 - 2026 6.5.4.2. CNG market by application type, 2017 - 2026 6.6. Middle East & Africa 6.6.1. CNG market by product type, 2017 - 2026 6.6.2. CNG market by application type, 2017 - 2026 7. Company Profiles 7.1. Total SA 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. StatOil 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. Royal Dutch Shell plc. 7.3.1. Overview 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. Reliance Industries Ltd. (RIL) 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Gazprom 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. ExxonMobil 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking - 5 -

  6. Compressed Natural Gas Market Size Worth $218.18 Billion by 2026 7.6.4. Recent Developments 7.7. Eni S.p.A 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. ConocoPhillips 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. Sinopec 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. Chevron 7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Compressed Natural Gas Market: https://www.polarismarketresearch.com/press-releases/compressed-natural-gas-cng-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 6 -

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