| Product Code: ETC7410739 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s compressed natural gas (CNG) import market saw substantial growth in 2024, with top exporting countries being the UK, USA, Trinidad and Tobago, and Norway. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high. The impressive Compound Annual Growth Rate (CAGR) of 17.23% from 2020 to 2024 illustrates the increasing demand for CNG in Guyana. Additionally, the remarkable growth rate of 1064.92% from 2023 to 2024 highlights the rapid expansion of CNG imports in the country, signaling a promising market outlook.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Compressed Natural Gas (CNG) Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Compressed Natural Gas (CNG) Market - Industry Life Cycle |
3.4 Guyana Compressed Natural Gas (CNG) Market - Porter's Five Forces |
3.5 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Compressed Natural Gas (CNG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on reducing greenhouse gas emissions and transitioning to cleaner energy sources. |
4.2.2 Government initiatives promoting the use of compressed natural gas (CNG) as a cleaner alternative to traditional fuels. |
4.2.3 Growing awareness among consumers and businesses about the environmental benefits and cost savings associated with using CNG. |
4.3 Market Restraints |
4.3.1 High initial investment costs in infrastructure for CNG distribution and refueling stations. |
4.3.2 Limited availability of CNG refueling infrastructure, hindering widespread adoption. |
4.3.3 Concerns about the safety and storage of CNG compared to conventional fuels. |
5 Guyana Compressed Natural Gas (CNG) Market Trends |
6 Guyana Compressed Natural Gas (CNG) Market, By Types |
6.1 Guyana Compressed Natural Gas (CNG) Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Associated Gas, 2021- 2031F |
6.1.4 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Non-Associated Gas, 2021- 2031F |
6.1.5 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Unconventional Sources, 2021- 2031F |
6.2 Guyana Compressed Natural Gas (CNG) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Light-Duty Vehicles, 2021- 2031F |
6.2.3 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Buses, 2021- 2031F |
6.2.4 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Trucks, 2021- 2031F |
6.2.5 Guyana Compressed Natural Gas (CNG) Market Revenues & Volume, By Others, 2021- 2031F |
7 Guyana Compressed Natural Gas (CNG) Market Import-Export Trade Statistics |
7.1 Guyana Compressed Natural Gas (CNG) Market Export to Major Countries |
7.2 Guyana Compressed Natural Gas (CNG) Market Imports from Major Countries |
8 Guyana Compressed Natural Gas (CNG) Market Key Performance Indicators |
8.1 Number of new CNG refueling stations opened in Guyana. |
8.2 Percentage increase in the number of vehicles converted to run on CNG. |
8.3 Average distance between CNG refueling stations to assess accessibility and convenience for consumers. |
9 Guyana Compressed Natural Gas (CNG) Market - Opportunity Assessment |
9.1 Guyana Compressed Natural Gas (CNG) Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Guyana Compressed Natural Gas (CNG) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Compressed Natural Gas (CNG) Market - Competitive Landscape |
10.1 Guyana Compressed Natural Gas (CNG) Market Revenue Share, By Companies, 2024 |
10.2 Guyana Compressed Natural Gas (CNG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |