Product Code: ETC11543694 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The compressed natural gas (CNG) market in India has been experiencing significant growth due to factors such as increasing environmental concerns, government initiatives promoting clean energy, and the cost-effectiveness of CNG compared to traditional fuels. CNG is primarily used as a fuel for vehicles in India, particularly in public transportation and commercial fleets. Major cities like Delhi, Mumbai, and Ahmedabad have well-established CNG infrastructure with a network of refueling stations. The market is dominated by state-owned companies such as Indian Oil Corporation, Bharat Petroleum, and GAIL India, which play a key role in distributing CNG across the country. With the government`s focus on reducing vehicular emissions and promoting sustainable energy solutions, the CNG market in India is expected to continue its growth trajectory in the coming years.
The compressed natural gas (CNG) market in India is experiencing significant growth driven by increasing environmental concerns and government initiatives to promote clean energy. The country`s push towards reducing vehicular emissions and dependence on traditional fossil fuels has resulted in a surge in demand for CNG as a cleaner alternative fuel. This has led to a rise in the number of CNG fueling stations, particularly in major cities, to cater to the growing fleet of CNG-powered vehicles. Additionally, the government`s focus on expanding the natural gas infrastructure and offering incentives for CNG adoption further propels market growth. With a shift towards sustainable and eco-friendly transportation solutions, the India CNG market is poised for continued expansion in the coming years.
In the India compressed natural gas (CNG) market, some challenges include infrastructure limitations, irregular supply, and price fluctuations. The inadequate distribution infrastructure for CNG refueling stations in many regions hinders the widespread adoption of CNG vehicles. Additionally, the inconsistent supply of CNG due to factors like maintenance issues or supply chain disruptions can impact the reliability of CNG as a fuel option. Price fluctuations, influenced by global market trends and government policies, can also create uncertainty for consumers and businesses relying on CNG. Addressing these challenges through investments in infrastructure development, ensuring a stable and reliable supply chain, and implementing measures to stabilize prices could help drive further growth in the Indian CNG market.
The India compressed natural gas (CNG) market presents several investment opportunities due to the growing emphasis on clean energy and the government`s push towards reducing vehicular emissions. Investors can consider opportunities in CNG infrastructure development, such as setting up CNG refueling stations or investing in CNG distribution networks. Additionally, investing in CNG vehicle conversion services or manufacturing can be lucrative as more vehicles are being converted to run on CNG to comply with emission norms. With the increasing adoption of CNG as a fuel source for transportation and industrial use, there is potential for significant growth and profitability in the India CNG market for savvy investors.
The Indian government has implemented various policies to promote the use of compressed natural gas (CNG) as a cleaner and more sustainable alternative to traditional fuels. Key policies include the National Auto Fuel Policy, which mandates the use of cleaner fuels like CNG in major cities to reduce emissions, and the Green Corridor project, aimed at establishing a network of CNG stations along national highways. Additionally, the government offers incentives such as tax breaks and subsidies for CNG vehicles and infrastructure development. The Petroleum and Natural Gas Regulatory Board regulates the CNG market to ensure fair competition and safety standards. These policies demonstrate the government`s commitment to reducing pollution and promoting CNG as a viable energy source in India`s transportation sector.
The future outlook for the India compressed natural gas (CNG) market is positive, driven by increasing government initiatives to promote clean energy and reduce pollution levels. The Indian government`s focus on expanding the CNG infrastructure, along with incentives for the adoption of CNG as a transportation fuel, is expected to drive the market growth. The rising environmental concerns, coupled with the cost-effectiveness and lower emissions of CNG compared to traditional fuels, will further boost its demand in the country. Additionally, the growing shift towards sustainable energy sources and the development of new CNG technologies are likely to offer lucrative opportunities for market players. Overall, the India CNG market is poised for significant growth in the coming years.
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 India Compressed Natural Gas Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Compressed Natural Gas Market Revenues & Volume, 2021 & 2031F |
3.3 India Compressed Natural Gas Market - Industry Life Cycle |
3.4 India Compressed Natural Gas Market - Porter's Five Forces |
3.5 India Compressed Natural Gas Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Compressed Natural Gas Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Compressed Natural Gas Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.8 India Compressed Natural Gas Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Compressed Natural Gas Market Revenues & Volume Share, By Distribution Method, 2021 & 2031F |
4 India Compressed Natural Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Compressed Natural Gas Market Trends |
6 India Compressed Natural Gas Market, By Types |
6.1 India Compressed Natural Gas Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Compressed Natural Gas Market Revenues & Volume, By Source, 2021 - 2031F |
6.1.3 India Compressed Natural Gas Market Revenues & Volume, By Fossil Fuel-Based CNG, 2021 - 2031F |
6.1.4 India Compressed Natural Gas Market Revenues & Volume, By Renewable CNG, 2021 - 2031F |
6.1.5 India Compressed Natural Gas Market Revenues & Volume, By Biogas-Derived CNG, 2021 - 2031F |
6.1.6 India Compressed Natural Gas Market Revenues & Volume, By Synthetic CNG, 2021 - 2031F |
6.2 India Compressed Natural Gas Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Compressed Natural Gas Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.2.3 India Compressed Natural Gas Market Revenues & Volume, By Heavy-Duty Trucks, 2021 - 2031F |
6.2.4 India Compressed Natural Gas Market Revenues & Volume, By Public Transport, 2021 - 2031F |
6.2.5 India Compressed Natural Gas Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.3 India Compressed Natural Gas Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 India Compressed Natural Gas Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 India Compressed Natural Gas Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.4 India Compressed Natural Gas Market Revenues & Volume, By Public Transit, 2021 - 2031F |
6.3.5 India Compressed Natural Gas Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4 India Compressed Natural Gas Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Compressed Natural Gas Market Revenues & Volume, By Fleet Operators, 2021 - 2031F |
6.4.3 India Compressed Natural Gas Market Revenues & Volume, By Logistics Providers, 2021 - 2031F |
6.4.4 India Compressed Natural Gas Market Revenues & Volume, By City Governments, 2021 - 2031F |
6.4.5 India Compressed Natural Gas Market Revenues & Volume, By Chemical Plants, 2021 - 2031F |
6.5 India Compressed Natural Gas Market, By Distribution Method |
6.5.1 Overview and Analysis |
6.5.2 India Compressed Natural Gas Market Revenues & Volume, By Pipeline Supply, 2021 - 2031F |
6.5.3 India Compressed Natural Gas Market Revenues & Volume, By Cylinder-Based Supply, 2021 - 2031F |
6.5.4 India Compressed Natural Gas Market Revenues & Volume, By Mobile Refueling Units, 2021 - 2031F |
6.5.5 India Compressed Natural Gas Market Revenues & Volume, By On-Site Compression, 2021 - 2031F |
7 India Compressed Natural Gas Market Import-Export Trade Statistics |
7.1 India Compressed Natural Gas Market Export to Major Countries |
7.2 India Compressed Natural Gas Market Imports from Major Countries |
8 India Compressed Natural Gas Market Key Performance Indicators |
9 India Compressed Natural Gas Market - Opportunity Assessment |
9.1 India Compressed Natural Gas Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Compressed Natural Gas Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Compressed Natural Gas Market Opportunity Assessment, By Industry, 2021 & 2031F |
9.4 India Compressed Natural Gas Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Compressed Natural Gas Market Opportunity Assessment, By Distribution Method, 2021 & 2031F |
10 India Compressed Natural Gas Market - Competitive Landscape |
10.1 India Compressed Natural Gas Market Revenue Share, By Companies, 2024 |
10.2 India Compressed Natural Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |