| Product Code: ETC7475629 | 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 |
Hong Kong`s compressed natural gas (CNG) import market continues to show strong growth, with a high Herfindahl-Hirschman Index (HHI) indicating high concentration among suppliers. In 2024, China, Malaysia, South Korea, Belgium, and Singapore were the top exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 8.77%, with a notable growth rate of 13.36% from 2023 to 2024. This data suggests a sustained demand for CNG in Hong Kong, with key suppliers maintaining a significant presence in the market.

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 Hong Kong Compressed Natural Gas (CNG) Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Compressed Natural Gas (CNG) Market - Industry Life Cycle |
3.4 Hong Kong Compressed Natural Gas (CNG) Market - Porter's Five Forces |
3.5 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Compressed Natural Gas (CNG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to promote clean energy and reduce emissions in Hong Kong |
4.2.2 Rising concerns about air pollution and the need for sustainable transportation solutions |
4.2.3 Growing awareness among consumers and businesses about the environmental benefits of using compressed natural gas (CNG) |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up CNG infrastructure such as refueling stations and conversion kits |
4.3.2 Limited availability of CNG refueling stations in Hong Kong |
4.3.3 Challenges related to the integration of CNG technology into existing transportation systems |
5 Hong Kong Compressed Natural Gas (CNG) Market Trends |
6 Hong Kong Compressed Natural Gas (CNG) Market, By Types |
6.1 Hong Kong Compressed Natural Gas (CNG) Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Associated Gas, 2021- 2031F |
6.1.4 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Non-Associated Gas, 2021- 2031F |
6.1.5 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Unconventional Sources, 2021- 2031F |
6.2 Hong Kong Compressed Natural Gas (CNG) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Light-Duty Vehicles, 2021- 2031F |
6.2.3 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Buses, 2021- 2031F |
6.2.4 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Medium/Heavy Duty Trucks, 2021- 2031F |
6.2.5 Hong Kong Compressed Natural Gas (CNG) Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Compressed Natural Gas (CNG) Market Import-Export Trade Statistics |
7.1 Hong Kong Compressed Natural Gas (CNG) Market Export to Major Countries |
7.2 Hong Kong Compressed Natural Gas (CNG) Market Imports from Major Countries |
8 Hong Kong Compressed Natural Gas (CNG) Market Key Performance Indicators |
8.1 Average distance between CNG refueling stations in Hong Kong |
8.2 Number of new CNG vehicles registered in Hong Kong per year |
8.3 Percentage of total vehicles in Hong Kong running on CNG compared to other fuel types |
9 Hong Kong Compressed Natural Gas (CNG) Market - Opportunity Assessment |
9.1 Hong Kong Compressed Natural Gas (CNG) Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Hong Kong Compressed Natural Gas (CNG) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Compressed Natural Gas (CNG) Market - Competitive Landscape |
10.1 Hong Kong Compressed Natural Gas (CNG) Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Compressed Natural Gas (CNG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |