Industrial Gases & Cryogenic · Direct
Monitoring · monthlyProcurement 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)