Australia Compressed Natural Gas Market Size & Outlook
The compressed natural gas market in Australia is expected to reach a projected revenue of US$ 18,314.2 million by 2033. A compound annual growth rate of 16.7% is expected of Australia compressed natural gas market from 2026 to 2033.
Australia compressed natural gas market outlook highlights
The Australia compressed natural gas market outlook generated a revenue of USD 5,350.8 million in 2025 and is expected to reach USD 18,314.2 million by 2033.
The market is expected to grow at a CAGR of 16.7% from 2026 to 2033.
In terms of segment, non associated gas was the largest revenue generating source in 2025.
Refinery is the most lucrative source segment registering the fastest growth during the forecast period.
Compressed Natural Gas Market Outlook data book summary
Market revenue in 2025
USD 5,350.8 million
Market revenue in 2033
USD 18,314.2 million
Growth rate
16.7% (CAGR from 2026 to 2033)
Largest segment
Non Associated Gas
Fastest growing segment
Refinery
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Refinery, Associated Gas, Non Associated Gas
Key market players worldwide
Exxonmobil, Bp Plc, Totalenergies Se, Chevron Corp, Eni, Equinor Asa, Conocophillips, Cabot Energy, Gazprom, Shell Plc, Occidental Petroleum Corp
Other key industry trends
In terms of revenue, Australia accounted for 2.7% of the global compressed natural gas market outlook in 2025.
Country-wise, China is expected to lead the global market in terms of revenue in 2033.
In Asia Pacific, China compressed natural gas market outlook is projected to lead the regional market in terms of revenue in 2033.
Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 18,314.2 million by 2033.
Australia's compressed natural gas (CNG) market is characterized by a strong emphasis on cleaner energy solutions and a growing infrastructure to support its adoption. The country benefits from significant natural gas reserves, making CNG a viable alternative to traditional fuels, particularly in transportation.
Government initiatives aimed at reducing emissions and promoting sustainable energy practices are driving demand for CNG vehicles and refueling stations. Additionally, the increasing focus on energy security and diversification of energy sources further enhances the market's potential.
However, challenges such as fluctuations in global energy prices and competition from renewable energy sources may impact growth. Overall, Australia's CNG market is positioned for steady development as it aligns with national goals for sustainability and environmental protection while addressing domestic energy needs.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Compressed Natural Gas Market Outlook will help companies and investors design strategic landscapes.
Non Associated Gas was the largest segment with a revenue share of 56.74% in 2025.
Horizon Databook has segmented the Australia compressed natural gas market based on refinery, associated gas, non associated gas covering the revenue growth of each sub-segment from 2021 to 2033.
Australia's compressed natural gas (CNG) market is characterized by a strong emphasis on cleaner energy solutions and a growing infrastructure to support its adoption. The country benefits from significant natural gas reserves, making CNG a viable alternative to traditional fuels, particularly in transportation.
Government initiatives aimed at reducing emissions and promoting sustainable energy practices are driving demand for CNG vehicles and refueling stations. Additionally, the increasing focus on energy security and diversification of energy sources further enhances the market's potential.
However, challenges such as fluctuations in global energy prices and competition from renewable energy sources may impact growth. Overall, Australia's CNG market is positioned for steady development as it aligns with national goals for sustainability and environmental protection while addressing domestic energy needs.
Australia Compressed Natural Gas Market Source Outlook (Revenue, USD Million , 2021-2033)
Refinery
Associated Gas
Non Associated Gas
Australia Compressed Natural Gas Market Application Outlook (Revenue, USD Million , 2021-2033)
Residential/Commercial
Chemical
Industrial
Autogas
Refinery
Others
Australia Compressed Natural Gas Market End Use Outlook (Revenue, USD Million , 2021-2033)
Light duty vehicles
Medium / Heavy duty trucks
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia Compressed Natural Gas Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia Compressed Natural Gas Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Australia Compressed Natural Gas Market, 2021-2033 (US$M)