Industrial Gases & Cryogenic · Direct
Monitoring · monthly
Procurement Category Intelligence

Compressed Natural Gas (CNG)

Overview
Market size
$155.7B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity

Market outlook

2031$200.6B

What changed

Demand by region

Asia Pacific demand45%
North America demand25%
Europe demand15%
Latin America demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Natural Gas Feedstock55%
Compression and Processing Energy Costs18%
Logistics and Specialized Distribution12%
Capital Infrastructure and Station Maintenance10%
Regulatory Compliance and Carbon Credits5%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked