Compressed Natural Gas (CNG) Market

The Compressed Natural Gas (CNG) market consists of natural gas compressed to less than 1% of its volume, serving as a clean-burning alternative fuel. The primary customers are in the transportation sector, including operators of light-duty vehicles, trucks, and buses, with additional use in industrial applications and power generation. Key growth drivers include government policies promoting cleaner fuels, the cost-effectiveness of CNG compared to gasoline and diesel, and stringent environmental regulations aimed at reducing air pollution and carbon emissions.