Compressed Natural Gas Market Size Is Anticipated To Reach USD 345.3 Billion By 2030
San Francisco, 4 March 2026: The Report Compressed Natural Gas Market (2024 - 2030) Size, Share & Trends Analysis Report By Source (Refinery, Associated Gas, Non Associated Gas), By Application (Chemical), By End Use, By Region, And Segment Forecasts The global compressed natural gas market size is anticipated to reach USD 345.3 billion by 2030, registering a CAGR of 11.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growth of global natural gas vehicles (NGVs) industry coupled with increased automobile fuel efficiency attributed by compressed natural gas (CNG) is anticipated to remain a key driving factor for the global market. Government subsidiaries in form of financial incentives particularly in Asia Pacific and Latin America is also expected to have a positive impact on the market growth. Positive outlook on exploration of unconventional resources including shale gas particularly in U.S. and China is expected to provide growth o...