Compressed Natural Gas (CNG) Market Analysis APAC, Middle East and Africa, South America, Europe, North America - US, Iran, Qatar, Turkmenistan, Russia - Size and Forecast 2024-2028

Published: Feb 2024

Pages: 174

SKU: IRTNTR72024

Snapshot

Compressed Natural Gas (CNG) Market 2024-2028

The compressed natural gas (CNG) market size is forecast to increase by USD 19.77 billion at a CAGR of 7.51% between 2023 and 2028. The report includes historic market data from 2018-2022. CNG is considered a cleaner alternative to traditional fossil fuels, as it emits lower levels of pollutants and greenhouse gases. The CNG market is growing globally due to increasing environmental concerns and the need for energy diversification.

The market growth analysis depends on the increase in the supply of natural gas, the rising energy demand leading to improvements in CNG storage tanks and the technological advances in the market. The market report also includes an in-depth analysis of the increase in number of CNG-powered vehicles, the increase in the supply of natural gas, and the fluctuation in global oil and gas prices.

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Market Segmentation

LDV Segment Analysis

The US EIA classifies cars and trucks in the light-duty vehicle (LDV) segment as fleet and passenger vehicles with a gross vehicle weight rating (GVWR) of 8,500 lbs. or less. To meet the International Energy Agency (IEA) Net Zero Emissions Scenario by 2050, the automotive industry will need to increase the market share of electric vehicles and accelerate improvements in the fuel efficiency of new conventional vehicles. As a result, there is a great chance that CNG light-duty vehicles will be widely used for transportation during the forecast period.

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Further, the development of the carbon correction factor is attributed to the significant benefits, reduced GHG emissions, and the overall WtW impact of switching from diesel and petrol to CNG as a fuel in passenger cars as well as light and heavy duty buses. Thus, owing to the significant emissions of GHGs from gasoline-powered LDVs and regulations worldwide to reduce the same, there has been significant adoption of CNG-operated LDVs across the world, which will propel the market growth during the forecast period.

Market Regional Analysis

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APAC is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth in demand in APAC is driven by countries such as Japan, Pakistan, China, South Korea, India, and Taiwan. Pakistan is one of the largest users of CNG across the world. There has been significant demand in China, and it is expected to grow rapidly.

Moreover, initiatives are being undertaken to increase the adoption in the transportation sector. Additionally, there has been significant adoption of CNG in the transportation sector in India. The Government of India has been supporting the infrastructure developments to ensure its availability. Thus, the market in APAC is expected to grow rapidly during the forecast period due to the demand for clean fuels such as CNG and the development of infrastructure to support the adoption of CNG as a transportation fuel.

Market Dynamics and Customer Landscape

The Compressed Natural Gas (CNG) Market experiences growth driven by the surge in CNG-powered vehicles, particularly in the automobile industry catering to light duty vehicles, medium duty trucks, medium duty buses, and heavy duty trucks. An evident trend in this market is the increase in the supply of natural gas vehicles, facilitated by advancements in gas exploration techniques, including unconventional sources such as shale gas reserves.

However, the industry faces challenges such as the fluctuation in global oil and gas prices, impacting the competitiveness of CNG against conventional fuels and influencing adoption rates among truck and fleet owners. Despite challenges, the global compressed natural gas market continues to expand, driven by efforts to reduce emissions and mitigate ozone depletion, with a focus on promoting cleaner transportation solutions through the adoption of CNG-powered vehicles across heavy-duty transport trucks and other segments of the automotive industry.

Key Market Driver

The surge in CNG-powered vehicles stands out as the primary driver of market expansion. CNG, known for its eco-friendly attributes, significantly contributes to improved air quality and sustainability, making it an ideal choice for urban settings. This positive momentum is further fueled by supportive government policies and robust CNG infrastructure development, fostering greater consumer acceptance and enhancing the cost competitiveness of CNG vehicles.

Moreover, with the increasing demand for sustainable transportation solutions, CNG vehicles in India are poised for remarkable growth, anticipated to soar by 233.33% by 2024-2025 compared to 2018. This growth trajectory is further buoyed by the establishment of an additional 5,000 CNG filling stations. The entry of key industry players such as automotive supplier MAHLE, grid operator EWE NETZ, and lightweight alloy component manufacturer Hexagon Xperion into the CNG mobility consortium further bolsters the market outlook. Consequently, these developments are set to drive substantial market expansion in the foreseeable future.

Significant Market Trends

An increase in the supply of natural gas is the primary trend shaping market growth. It has become one of the fastest-growing fossil fuels globally due to the growth of the supply of tight gas, coalbed methane, and shale gas. Hence, the global oil and gas industry has experienced rapid growth in the unconventional oil and gas resources sector. Moreover, according to the IEA, global consumption is expected to increase from 3,630 bcm (billion cubic meters) in 2016 to 4,000 bcm by 2022.

Moreover, aligned with the market trends, the increase in natural gas production in countries such as the US and Russia will boost the supply of natural gas, thereby enabling them to meet the growing demand for CNG as a transportation fuel across the world. Thus, this will propel the growth of the market during the forecast period.

Major Market Challenges

Fluctuation in global oil and gas prices is a challenge that affects market growth. The recent surplus in crude oil supply has led to volatility in global crude oil prices since 2021. For example, in Japan, during the fiscal year 2022, the price of imported crude oil per kilogram was roughly USD 589.71, the highest amount when compared to the preceding ten years. The crude oil price was USD 104.16 per barrel in 2014. Thus, such steep price reductions impact the financials of companies involved in the upstream oil and gas sector and have a negative impact on their profit margins and the market.

Additionally, CNG-fueled vehicles might lose their popularity and result in the extension of a payback period for the fleet operators owing to the high upfront capital costs involved. According to the IEA, the changes in the fuel injection system and the size of the fuel storage tank as compared to conventional fuel vehicles result in an additional cost of USD 2,000- USD 10,000 for a new CNG vehicle. Hence, the volatility of crude oil prices can have an adverse impact on the availability and price of natural gas, thus restricting market growth during the forecast period.

Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market analysis and report also include key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Major Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BP Plc: The company offers compressed natural gas such as bio CNG for road transport and operates biomethane refueling stations, providing renewable solutions to the heavy goods vehicle industry.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is witnessing substantial growth owing to increasing concerns over air pollution and the transition away from traditional fuels like diesel fuel and propane/LPG. CNG, primarily composed of light hydrocarbons like nitrogen and carbon dioxide, is sourced from non-associated gas fields, reducing dependency on crude oil output and oil wells. Further, as the industrial sector seeks cleaner alternatives, CNG offers a viable solution, particularly in urbanized areas. The auto industry is embracing natural gas cars, driven by both environmental consciousness and economic factors like rising disposable income.

Furthermore, to address pressure difficulties and ensure efficient storage and transport, storage cylinders and continuous carbon fiber wrapping are utilized. Adsorbed natural gas technology further enhances storage capacity and safety. While initial investment and installation costs may be higher, the long-term maintenance expenses are comparatively lower. This makes CNG an attractive option for various sectors, including trash firms and emerging revenue pockets in the transportation sector.

However, challenges remain, including the impact of domestic and localized market players, but overall, the CNG market shows promise as a sustainable energy solution. The market is driven by the increasing demand for cleaner fuel alternatives amidst concerns over carbon emissions from traditional Internal combustion engines fueled by resources like Peat and Anthracite coal. With rapid Urbanization, cities are embracing CNG as a viable option for public transport, including buses and trunks, leading to a surge in demand. Major players like Chevron Corporation are investing in infrastructure and applications for CNG, enhancing awareness and facilitating the conversion and distribution of natural gas. Companies like ANGI Energy are pioneering advancements in CNG tank technology, promoting the adoption of gas vehicles and bolstering gas distribution networks alongside the growth of LNG and NGV sectors.

Segment Overview

The market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the market growth and forecasting and the latest market growth and trends opportunities from 2018 to 2028.

Application Outlook
- LDV
- MDV
- HDV
Source Outlook
- Non associated gas
- Unconventional gas
- Associated gas
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Brazil
  - Argentina
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Compressed Natural Gas (CNG) Market Scope
Report Coverage	Details
Page number	174
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 7.51%
Market Growth 2024-2028	USD 19.77 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	6.68
Regional analysis	APAC, Middle East and Africa, South America, Europe, and North America
Performing market contribution	APAC at 44%
Key countries	US, Iran, Qatar, Turkmenistan, and Russia
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Bharat Petroleum Corp. Ltd., BP Plc, Chevron Corp., China National Petroleum Corp., Clean Energy Fuels Corp., E.ON SE, ENGIE SA, Eni SpA, Gazprom Nedra LLC, Gujarat Gas Ltd., Maharashtra Natural Gas Ltd., ONTRAS Gastransport GmbH, OrangeGas BV., Shell plc, Snam SpA., TotalEnergies SE, Trillium Transportation Fuels LLC, VERBIO Vereinigte BioEnergie AG, and Indraprastha Gas Ltd.
Market dynamics	Market trends and analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
Market forecast and size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across APAC, Middle East and Africa, South America, Europe, and North America
A thorough analysis of the market’s competitive landscape and detailed information about companies
Market forecasting of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global compressed natural gas (CNG) market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global compressed natural gas (cng) market 2018 - 2022 ($ billion)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)

4.3 Source Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Source Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 LDV - Market size and forecast 2023-2028
- Exhibit 34: Chart on LDV - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on LDV - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on LDV - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on LDV - Year-over-year growth 2023-2028 (%)

6.4 MDV and HDV - Market size and forecast 2023-2028
- Exhibit 38: Chart on MDV and HDV - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on MDV and HDV - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on MDV and HDV - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on MDV and HDV - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ billion)
- Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Source

7.1 Market segments
- Exhibit 44: Chart on Source - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Source - Market share 2023-2028 (%)

7.2 Comparison by Source
- Exhibit 46: Chart on Comparison by Source
- Exhibit 47: Data Table on Comparison by Source

7.3 Non associated gas - Market size and forecast 2023-2028
- Exhibit 48: Chart on Non associated gas - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Non associated gas - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Non associated gas - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Non associated gas - Year-over-year growth 2023-2028 (%)

7.4 Unconventional gas - Market size and forecast 2023-2028
- Exhibit 52: Chart on Unconventional gas - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Unconventional gas - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Unconventional gas - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Unconventional gas - Year-over-year growth 2023-2028 (%)

7.5 Associated gas - Market size and forecast 2023-2028
- Exhibit 56: Chart on Associated gas - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Associated gas - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Associated gas - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Associated gas - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Source
- Exhibit 60: Market opportunity by Source ($ billion)
- Exhibit 61: Data Table on Market opportunity by Source ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 71: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.5 South America - Market size and forecast 2023-2028
- Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.6 Europe - Market size and forecast 2023-2028
- Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.7 North America - Market size and forecast 2023-2028
- Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.8 Iran - Market size and forecast 2023-2028
- Exhibit 87: Chart on Iran - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on Iran - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on Iran - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Iran - Year-over-year growth 2023-2028 (%)

9.9 Russia - Market size and forecast 2023-2028
- Exhibit 91: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Russia - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Russia - Year-over-year growth 2023-2028 (%)

9.10 Qatar - Market size and forecast 2023-2028
- Exhibit 95: Chart on Qatar - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Qatar - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Qatar - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Qatar - Year-over-year growth 2023-2028 (%)

9.11 US - Market size and forecast 2023-2028
- Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)

9.12 Turkmenistan - Market size and forecast 2023-2028
- Exhibit 103: Chart on Turkmenistan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on Turkmenistan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on Turkmenistan - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Turkmenistan - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 BP Plc
- Exhibit 115: BP Plc - Overview
- Exhibit 116: BP Plc - Business segments
- Exhibit 117: BP Plc - Key news
- Exhibit 118: BP Plc - Key offerings
- Exhibit 119: BP Plc - Segment focus

12.4 Chevron Corp.
- Exhibit 120: Chevron Corp. - Overview
- Exhibit 121: Chevron Corp. - Business segments
- Exhibit 122: Chevron Corp. - Key news
- Exhibit 123: Chevron Corp. - Key offerings
- Exhibit 124: Chevron Corp. - Segment focus

12.5 China National Petroleum Corp.
- Exhibit 125: China National Petroleum Corp. - Overview
- Exhibit 126: China National Petroleum Corp. - Product / Service
- Exhibit 127: China National Petroleum Corp. - Key offerings

12.6 Clean Energy Fuels Corp.
- Exhibit 128: Clean Energy Fuels Corp. - Overview
- Exhibit 129: Clean Energy Fuels Corp. - Product / Service
- Exhibit 130: Clean Energy Fuels Corp. - Key news
- Exhibit 131: Clean Energy Fuels Corp. - Key offerings

12.7 CNG Fuels Ltd.
- Exhibit 132: CNG Fuels Ltd. - Overview
- Exhibit 133: CNG Fuels Ltd. - Product / Service
- Exhibit 134: CNG Fuels Ltd. - Key offerings

12.8 E.ON SE
- Exhibit 135: E.ON SE - Overview
- Exhibit 136: E.ON SE - Business segments
- Exhibit 137: E.ON SE - Key news
- Exhibit 138: E.ON SE - Key offerings
- Exhibit 139: E.ON SE - Segment focus

12.9 ENGIE SA
- Exhibit 140: ENGIE SA - Overview
- Exhibit 141: ENGIE SA - Business segments
- Exhibit 142: ENGIE SA - Key offerings
- Exhibit 143: ENGIE SA - Segment focus

12.10 Eni SpA
- Exhibit 144: Eni SpA - Overview
- Exhibit 145: Eni SpA - Business segments
- Exhibit 146: Eni SpA - Key offerings
- Exhibit 147: Eni SpA - Segment focus

12.11 Gazprom Nedra LLC
- Exhibit 148: Gazprom Nedra LLC - Overview
- Exhibit 149: Gazprom Nedra LLC - Product / Service
- Exhibit 150: Gazprom Nedra LLC - Key offerings

12.12 Gujarat Gas Ltd.
- Exhibit 151: Gujarat Gas Ltd. - Overview
- Exhibit 152: Gujarat Gas Ltd. - Business segments
- Exhibit 153: Gujarat Gas Ltd. - Key offerings
- Exhibit 154: Gujarat Gas Ltd. - Segment focus

12.13 Indraprastha Gas Ltd.
- Exhibit 155: Indraprastha Gas Ltd. - Overview
- Exhibit 156: Indraprastha Gas Ltd. - Business segments
- Exhibit 157: Indraprastha Gas Ltd. - Key offerings
- Exhibit 158: Indraprastha Gas Ltd. - Segment focus

12.14 Maharashtra Natural Gas Ltd.
- Exhibit 159: Maharashtra Natural Gas Ltd. - Overview
- Exhibit 160: Maharashtra Natural Gas Ltd. - Product / Service
- Exhibit 161: Maharashtra Natural Gas Ltd. - Key offerings

12.15 Shell plc
- Exhibit 162: Shell plc - Overview
- Exhibit 163: Shell plc - Business segments
- Exhibit 164: Shell plc - Key offerings
- Exhibit 165: Shell plc - Segment focus

12.16 TotalEnergies SE
- Exhibit 166: TotalEnergies SE - Overview
- Exhibit 167: TotalEnergies SE - Business segments
- Exhibit 168: TotalEnergies SE - Key news
- Exhibit 169: TotalEnergies SE - Key offerings
- Exhibit 170: TotalEnergies SE - Segment focus

12.17 Trillium Transportation Fuels LLC
- Exhibit 171: Trillium Transportation Fuels LLC - Overview
- Exhibit 172: Trillium Transportation Fuels LLC - Product / Service
- Exhibit 173: Trillium Transportation Fuels LLC - Key news
- Exhibit 174: Trillium Transportation Fuels LLC - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 175: Inclusions checklist
- Exhibit 176: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 177: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 178: Research methodology
- Exhibit 179: Validation techniques employed for market sizing
- Exhibit 180: Information sources

13.5 List of abbreviations
- Exhibit 181: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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