Top Compressed Natural Gas Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Compressed Natural Gas Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Compressed Natural Gas industry players.

Compressed Natural Gas Market Competitive Landscape

The global compressed natural gas industry is moderately consolidated, with key players like Clean Energy Fuels, TotalEnergies, Gazprom, and Indraprastha Gas Limited (IGL) actively shaping the industry through infrastructure expansion, technological innovations, and government partnerships.

As per market strategies, in 2024, Clean Energy Fuels Corp. announced a strategic collaboration with Amazon to supply renewable natural gas (RNG) derived from landfill waste, reinforcing a shift toward ultra-low carbon fuel alternatives. This marks a strong industry pivot toward blending sustainability with CNG infrastructure growth. In Europe, companies like E.ON and ENGIE continue to develop smart CNG refueling networks that incorporate digital metering and mobile payment technologies, making refueling more efficient and accessible.

Startups in the compressed natural gas market are playing a pivotal role in accelerating the transition toward cleaner fuel alternatives by focusing on innovations in fuel infrastructure, vehicle conversion technologies, and mobile compression systems. These emerging companies aim to address longstanding barriers such as limited refueling access, high upfront conversion costs, and the need for decentralized fueling solutions.

  • GreenLine Mobility (Founded in 2019, India): GreenLine Mobility is a clean energy transport startup offering a fleet of CNG-powered heavy commercial vehicles for logistics operations. Focused on decarbonizing long-haul transportation, the company partners with corporates to provide sustainable logistics solutions using CNG and LNG trucks. In 2024, GreenLine expanded its fleet operations and collaborated with key Indian infrastructure firms to deliver lower-emission freight services.
  • CryoGasTech (Founded in 2020, U.S.): CryoGasTech develops compact, modular CNG and LNG refueling systems for fleet depots and remote locations. Their innovations include IoT-enabled dispensers and mobile compression units, allowing decentralized fuel delivery and real-time performance monitoring. In 2024, the company secured a partnership with a mid-sized U.S. delivery company to deploy on-site refueling solutions, helping reduce downtime and fuel logistics complexity.

Top Player’s Company Profile

  • Nigerian National Petroleum Corporation (NNPC)
  • UPS (United Parcel Service)
  • Apollo Global Management
  • Freedom CNG
  • Axxela Limited
  • Kenworth Truck Company
  • Clean Energy Fuels Corp.
  • Hexagon Agility
  • ANGI Energy Systems
  • SoCalGas (Southern California Gas Company)
  • Cummins Inc.
  • TotalEnergies SE

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Global Compressed Natural Gas Market size was valued at USD 203.64 Billion in 2024 and is poised to grow from USD 217.7 Billion in 2025 to USD 371.25 Billion by 2033, growing at a CAGR of 6.9% during the forecast period (2026–2033).

The global compressed natural gas industry is moderately consolidated, with key players like Clean Energy Fuels, TotalEnergies, Gazprom, and Indraprastha Gas Limited (IGL) actively shaping the industry through infrastructure expansion, technological innovations, and government partnerships. 'GAIL (India) Limited (India) ', 'ExxonMobil Corporation (USA) ', 'Chevron Corporation (USA) ', 'TotalEnergies SE (France) ', 'Shell plc (UK/Netherlands) ', 'PetroChina Company Limited (China) ', 'Reliance Industries Limited (India) ', 'Gujarat Gas Limited (India) ', 'Indraprastha Gas Limited (India) ', 'Mahanagar Gas Limited (India) ', 'Clean Energy Fuels Corp. (USA) ', 'AG&P (Singapore) ', 'Tata Motors Ltd. (India) ', 'Maruti Suzuki India Ltd. (India) ', 'Hyundai Motor Company (South Korea) ', 'Toyota Motor Corporation (Japan) ', 'Honda Motor Co., Ltd. (Japan) ', 'Trillium CNG (USA) ', 'N.V. Nederlandse Gasunie (Netherlands) ', 'National Iranian Gas Company (Iran)'

As global awareness about climate change and air pollution intensifies, governments and industries are focusing on transitioning to low-emission fuel alternatives. Compressed Natural Gas, being one of the cleanest fossil fuels, is increasingly favored in public transportation, private fleets, and urban mobility solutions. CNG vehicles emit 20–30% less greenhouse gases compared to petrol or diesel engines. This has led to strong policy support in the form of incentives, subsidies, and regulatory mandates especially in countries like India, Brazil, and Italy fueling market growth.

Integration of Renewable Natural Gas (RNG): The market trend is experiencing a shift toward sustainable forms of CNG through the incorporation of RNG, or biomethane, produced from agricultural and organic waste. RNG has near-zero carbon emissions and aligns with global net-zero targets. Major companies are now investing in RNG production facilities and distribution partnerships. This green evolution enhances the appeal of CNG as not just a cleaner fossil fuel but also a bridge to a more sustainable energy future.

As per regional forecast, North America, particularly the U.S. and Canada, is a key player in the compressed natural gas market. The growing adoption of CNG vehicles, spurred by environmental regulations and the need for cleaner energy alternatives, has made the region a strong market. The U.S. has a well-established infrastructure for CNG refueling stations, alongside significant investments in CNG-powered vehicles.

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Global Compressed Natural Gas Market
Compressed Natural Gas Market

Report ID: SQMIG10F2027

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