South Africa CNG Market to 2032
Overview
The South Africa CNG Market is expected to reach a 1.60 USD Billion by 2032 and is projected to grow at a CAGR of 4.20% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.20
Forecast, 2032 (USD Billion)
1.60
CAGR, 2024 - 2032
4.20%
Report Coverage
South Africa
South Africa CNG Market 2018-2032 USD Billion
South Africa CNG Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.20 USD Billion
- Projected Market Size (2032): 1.60 USD Billion
- CAGR (2025-2032): 4.20%
Key Findings of South Africa CNG Market
- The South Africa CNG Market was valued at 1.20 USD Billion in 2024.
- The South Africa CNG Market is likely to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Associated Gas in Source Segment accounted for the largest share of the market with a revenue of 1.08 USD Billion
- The fastest growing segment Sequential in Kits Segment grew Fastest with a CAGR of 4.44% during the forecast period from 2024 to 2032.
South Africa CNG Market Scope
South Africa CNG Market Segmentation & Scope
End Use
- Heavy Motor Vehicles
- Medium Motor Vehicles
- Light Motor Vehicles
Kits
- Venturi
- Sequential
Distribution Type
- Others
- Composite Manifolds
- Accumulators
- Cylinders/Tanks
Source
- Non-Associated Gas
- Associated Gas
South Africa CNG Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.20 USD Billion |
| Market Value in 2032 | 1.60 USD Billion |
| CAGR (2025-2032) | 4.20% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End Use,Kits,Distribution Type,Source |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 1.20 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 1,201.26 USD Million in 2024.
Segments and Scope
-
South Africa CNG Market to 2032, By End Use
- Light Motor Vehicles is the largest segment in South Africa CNG Market to 2032 with a revenue of 764.55 USD Billion in the year 2024.
- Light Motor Vehicles is the Fastest growing segment in South Africa CNG Market to 2032 with a Growth rate of 4.40 % in forecast period 2025-2032.
-
South Africa CNG Market to 2032, By Kits
- Sequential is the largest segment in South Africa CNG Market to 2032 with a revenue of 718.75 USD Billion in the year 2024.
- Sequential is the Fastest growing segment in South Africa CNG Market to 2032 with a Growth rate of 4.44 % in forecast period 2025-2032.
-
South Africa CNG Market to 2032, By Distribution Type
- Cylinders/Tanks is the largest segment in South Africa CNG Market to 2032 with a revenue of 966.01 USD Billion in the year 2024.
- Cylinders/Tanks is the Fastest growing segment in South Africa CNG Market to 2032 with a Growth rate of 4.31 % in forecast period 2025-2032.
-
South Africa CNG Market to 2032, By Source
- Associated Gas is the largest segment in South Africa CNG Market to 2032 with a revenue of 1.08 USD Billion in the year 2024.
- Associated Gas is the Fastest growing segment in South Africa CNG Market to 2032 with a Growth rate of 4.23 % in forecast period 2025-2032.
South Africa CNG Market Company Share Analysis
| Company Name |
|
||
| TotalEnergies | |||
| Chevron Corporation | |||
| Shell PLC | |||
| Adani Group | |||
| Indian Oil Corporation Ltd | |||
South Africa CNG Market Geographical Sales Distribution, 2018-2032 USD Billion
South Africa CNG Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa CNG Market is segmented based on Segmentation End Use,Kits,Distribution Type,Source.
South Africa CNG Market was valued at USD 1.20(Revenue in USD Billion) in 2023.
South Africa CNG Market is projected to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
The Associated Gas segment is expected to dominate the South Africa CNG Market, holding a largest market share of 1.08 USD Billion in 2024
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South Africa CNG Market Scope
South Africa CNG Market Segmentation & Scope
End Use
- Heavy Motor Vehicles
- Medium Motor Vehicles
- Light Motor Vehicles
Kits
- Venturi
- Sequential
Distribution Type
- Others
- Composite Manifolds
- Accumulators
- Cylinders/Tanks
Source
- Non-Associated Gas
- Associated Gas
Frequently Asked Questions
The South Africa CNG Market is segmented based on Segmentation End Use,Kits,Distribution Type,Source.
South Africa CNG Market was valued at USD 1.20(Revenue in USD Billion) in 2023.
South Africa CNG Market is projected to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa CNG Market for final year is USD 1.60 (USD Billion).
South Africa CNG Market Company Profiling
Frequently Asked Questions
The South Africa CNG Market is segmented based on Segmentation End Use,Kits,Distribution Type,Source.
South Africa CNG Market was valued at USD 1.20(Revenue in USD Billion) in 2023.
South Africa CNG Market is projected to grow at a CAGR of 4.20% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa CNG Market for final year is USD 1.60 (USD Billion).
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