The Business Research Company’s Compressed Natural Gas Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Compressed Natural Gas Global Market Report 2023 evaluates compressed natural gas market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global compressed natural gas market size is expected to grow from $147.16 billion in 2022 to $166.90 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global compressed natural gas market size is expected to reach $269.99 billion in 2027 at a CAGR of 12.8%.
The Compressed Natural Gas Market Segments In The Report Are:
Compressed Natural Gas Market By Type
- Non-Associated Gas
- Associated Gas
- Unconventional Sources
Compressed Natural Gas Market By Product Type
- Dedicated Fuel
- Bi-Fuel
- Dual Fuel
Compressed Natural Gas Market By Application
- Light Passenger Vehicles
- Medium or Heavy Duty Vehicles
- Other Applications
Get More Information On The Compressed Natural Gas Market Report:
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The table of contents in TBRC’s compressed natural gas market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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