Opportunities Preloader

Please Wait.....

Report

Middle East and Africa Compressed Natural Gas (CNG) Market

Market Report I 2024-08-01 I 198 Pages I Data Bridge Market Research

The Middle East and Africa Compressed Natural Gas (CNG) market is expected to reach USD 10.75 billion by 2031 from USD 8.12 billion in 2023, growing with a substantial CAGR of 3.6% during the forecast period of 2024 to 2031.
Market Segmentation:
Middle East and Africa Compressed Natural Gas (CNG) Market, By Source (Associated Gas and Non-Associated Gas), Kits (Sequential and Venturi), Distribution Type (Cylinders/Tanks, Accumulators, Composite Manifolds and Others), End Use (Light Motor Vehicles, Medium Motor Vehicles, and Heavy Motor Vehicles), Countries (U.A.E., Saudi Arabia, South Africa, Egypt, Kuwait, Qatar, Oman, Bahrain, Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of Middle East and Africa Compressed Natural Gas (CNG) Market Dynamics:

Driver
- Rising environmental policies and emission reduction targets support the adoption of CNG

Restraint
- High initial costs associated with developing CNG stations and infrastructure
Opportunity
- Substantial potential in converting existing fleets of public and private transportation to CNG
Market Players:

The key market players operating in the Middle East and Africa Compressed Natural Gas (CNG) market are listed below:
- NIS, KryoGas
- Engie SA
- TotalEnergies SE
- Chevron Corporation
- Shell PLC, Adani Group
- J-W Power Company
- INDIAN OIL CORPORATION LIMITED
- JIO-BP
- ENGIE GROUP

1 INTRODUCTION 38
1.1 OBJECTIVES OF THE STUDY 38
1.2 MARKET DEFINITION 38
1.3 OVERVIEW 38
1.4 LIMITATIONS 40
1.5 MARKETS COVERED 40
2 MARKET SEGMENTATION 44
2.1 MARKETS COVERED 44
2.2 GEOGRAPHICAL SCOPE 45
2.3 YEARS CONSIDERED FOR THE STUDY 46
2.4 CURRENCY AND PRICING 46
2.5 DBMR TRIPOD DATA VALIDATION MODEL 47
2.6 MULTIVARIATE MODELING 50
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 51
2.8 DBMR MARKET POSITION GRID 52
2.9 MARKET END USE COVERAGE GRID 53
2.10 DBMR VENDOR SHARE ANALYSIS 54
2.11 SECONDARY SOURCES 55
2.12 ASSUMPTIONS 56
3 EXECUTIVE SUMMARY 57
4 PREMIUM INSIGHTS 62
4.1 PORTER'S FIVE FORCES 63
4.1.1 THREAT OF NEW ENTRANTS 63
4.1.2 THREAT OF SUBSTITUTES 63
4.1.3 BARGAINING POWER OF SUPPLIERS 64
4.1.4 BARGAINING POWER OF BUYERS 64
4.1.5 COMPETITIVE RIVALRY 64
4.2 PRICE ANALYSIS 65
4.2.1 PRODUCTION COSTS 65
4.2.2 TRANSPORTATION AND DISTRIBUTION COSTS 65
4.2.3 GOVERNMENT POLICIES AND SUBSIDIES 65
4.2.4 MARKET DEMAND AND COMPETITION 65
4.3 RAW MATERIAL COVERAGE 66
4.3.1 NATURAL GAS 66
4.4 SUPPLY CHAIN ANALYSIS 67
4.4.1 OVERVIEW 67
4.4.2 LOGISTIC COST SCENARIO 67
4.5 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 68
4.5.1 ENGINE OPTIMIZATION 68
4.5.2 IMPROVED STORAGE SOLUTIONS 68
4.5.3 HYBRID AND DUAL-FUEL TECHNOLOGIES 68
4.5.4 ADVANCED REFUELING INFRASTRUCTURE 69
4.6 TYPE 4 HYDROGEN VESSEL MARKET EXPANSION 70
4.7 VENDOR SELECTION CRITERIA 72
4.8 PRODUCTION CONSUMPTION ANALYSIS 74
4.9 CLIMATE CHANGE SCENARIO 75
4.9.1 ENVIRONMENTAL CONCERNS 75
4.9.2 INDUSTRY RESPONSE 75
4.9.3 GOVERNMENT'S ROLE 75
4.9.4 ANALYST'S RECOMMENDATIONS 76
4.10 COMPETITIVENESS OF TYPE 4 VESSELS COMPARED TO TYPE1 77
4.10.1 WEIGHT: 77
4.10.2 DURABILITY: 77
4.10.3 SAFETY: 77
4.10.4 OTHER CONSIDERATIONS: 77
4.11 MIDDLE EAST AND AFRICA TARGET MARKET ANALYSIS 81
4.11.1 IDENTIFICATION OF KEY REGIONS FOR MARKET PENETRATION AND GROWTH 81
4.11.2 REGIONAL MARKET DYNAMICS, INCLUDING REGULATORY ENVIRONMENT AND INFRASTRUCTURE READINESS 82
4.11.3 ANALYSIS OF POTENTIAL MARKET SIZE AND GROWTH OPPORTUNITIES 82
4.12 NEED FOR TYPE 4 VESSELS IN THE CNG TANK MARKET 84
4.12.1 ANALYSIS OF CURRENT DEMAND AND POTENTIAL GROWTH FOR TYPE 4 VESSELS IN THE CNG MARKET 84
4.12.2 COMPARATIVE EVALUATION OF THE BENEFITS AND LIMITATIONS OF TYPE 4 VESSELS VERSUS OTHER TYPES, PARTICULARLY TYPE 1 85
5 REGULATION COVERAGE 88
6 MARKET OVERVIEW 90
6.1 DRIVERS 92
6.1.1 RISING ENVIRONMENTAL POLICIES AND EMISSION REDUCTION TARGETS SUPPORT THE ADOPTION OF CNG 92
6.1.2 RISING ECONOMIC BENEFITS OF USING CNG 92
6.1.3 INCREASED GOVERNMENT INCENTIVES AND SUBSIDIES PROMOTING THE USE OF CNG 93
6.2 RESTRAINTS 95
6.2.1 HIGH INITIAL COSTS ASSOCIATED WITH DEVELOPING CNG STATIONS AND INFRASTRUCTURE 95
6.2.2 LACK OF COMPREHENSIVE CNG REFUELLING INFRASTRUCTURE 95
6.3 OPPORTUNITIES 96
6.3.1 SUBSTANTIAL POTENTIAL IN CONVERTING EXISTING FLEETS OF PUBLIC AND PRIVATE TRANSPORTATION TO CNG 96
6.3.2 COLLABORATIVE EFFORTS BETWEEN COUNTRIES IN DEVELOPING CROSS-BORDER CNG INFRASTRUCTURE 97
6.4 CHALLENGES 98
6.4.1 INCREASING COMPETITION WITH ALTERNATIVE FUELS 98
6.4.2 STRICT SAFETY AND REGULATORY STANDARDS INCREASING COMPLEXITY AND COSTS 98
7 MIDDLE EAST AND AFRICA COMPRESSED NATURAL GAS (CNG) MARKET, BY SOURCE 100
7.1 OVERVIEW 101
7.2 ASSOCIATED GAS 103
7.3 NON ASSOCIATED GAS 104
8 MIDDLE EAST AND AFRICA COMPRESSED NATURAL GAS (CNG) MARKET, BY KITS 105
8.1 OVERVIEW 106
8.2 SEQUENTIAL 107
8.3 VENTURI 108
9 MIDDLE EAST AND AFRICA COMPRESSED NATURAL GAS (CNG) MARKET, BY DISTRIBUTION TYPE 109
9.1 OVERVIEW 110
9.2 CYLINDERS/TANKS 111
9.3 ACCUMULATORS 113
9.4 COMPOSITE MANIFOLDS 113
9.5 OTHERS 114
10 MIDDLE EAST AND AFRICA COMPRESSED NATURAL GAS (CNG) MARKET, BY END USE 115
10.1 OVERVIEW 116
10.2 LIGHT MOTOR VEHICLES 117
10.3 MEDIUM MOTOR VEHICLES 118
10.4 HEAVY MOTOR VEHICLES 119
11 MIDDLE EAST AND AFRICA COMPRESSED NATURAL GAS (CNG) MARKET, BY REGION 120
11.2 MIDDLE EAST AND AFRICA 121
11.2.1 U.A.E. 127
11.2.2 SAUDI ARABIA 130
11.2.3 SOUTH AFRICA 133
11.2.4 EGYPT 136
11.2.5 KUWAIT 139
11.2.6 QATAR 142
11.2.7 OMAN 145
11.2.8 BAHRAIN 148
11.2.9 ISRAEL 151
11.2.10 REST OF MIDDLE EAST AND AFRICA 154
12 MIDDLE EAST AND AFRICA COMPRESSED NATURAL GAS (CNG) MARKET: COMPANY LANDSCAPE 155
12.1 COMPANY SHARE ANALYSIS: MIDDLE EAST AND AFRICA 155
13 SWOT ANALYSIS 156
14 COMPANY PROFILE 157
14.1 CNG 157
14.1.1 SHELL PLC 157
14.1.1.1 COMPANY SNAPSHOT 157
14.1.1.2 REVENUE ANALYSIS 158
14.1.1.3 COMPANY SHARE ANALYSIS 158
14.1.1.4 PRODUCT PORTFOLIO 158
14.1.1.5 RECENT UPDATES 159
14.1.2 CHEVRON CORPORATION 160
14.1.2.1 COMPANY SNAPSHOT 160
14.1.2.2 REVENUE ANALYSIS 160
14.1.2.3 COMPANY SHARE ANALYSIS 161
14.1.2.4 PRODUCT PORTFOLIO 161
14.1.2.5 RECENT UPDATES 161
14.1.3 TOTALENERGIES SE 162
14.1.3.1 COMPANY SNAPSHOT 162
14.1.3.2 REVENUE ANALYSIS 162
14.1.3.3 COMPANY SHARE ANALYSIS 163
14.1.3.4 PRODUCT PORTFOLIO 163
14.1.3.5 RECENT UPDATES 164
14.1.4 INDIAN OIL CORPORATION LTD 165
14.1.4.1 COMPANY SNAPSHOT 165
14.1.4.2 REVENUE ANALYSIS 165
14.1.4.3 COMPANY SHARE ANALYSIS 166
14.1.4.4 PRODUCT PORTFOLIO 166
14.1.4.5 RECENT DEVELOPMENTS 166
14.1.5 ADANI GROUP 168
14.1.5.1 COMPANY SNAPSHOT 168
14.1.5.2 REVENUE ANALYSIS 168
14.1.5.3 COMAPANY SHARE ANALYSIS 169
14.1.5.4 PRODUCT PORTFOLIO 169
14.1.5.5 RECENT DEVELOPMENTS 169
14.1.6 ENGIE 170
14.1.6.1 COMPANY SNAPSHOT 170
14.1.6.2 REVENUE ANALYSIS 170
14.1.6.3 PRODUCT PORTFOLIO 171
14.1.6.4 RECENT DEVELOPMENTS 171
14.1.7 INDRAPRASTHA GAS LIMITED 172
14.1.7.1 COMPANY SNAPSHOT 172
14.1.7.2 PRODUCT PORTFOLIO 173
14.1.7.3 RECENT DEVELOPMENT 173
14.1.8 J-W POWER COMPANY 174
14.1.8.1 COMPANY SNAPSHOT 174
14.1.8.2 PRODUCT PORTFOLIO 174
14.1.8.3 RECENT DEVELOPMENTS 174
14.1.9 KRYOGAS 175
14.1.9.1 COMPANY SNAPSHOT 175
14.1.9.2 PRODUCT PORTFOLIO 175
14.1.9.3 RECENT DEVELOPMENTS 176
14.1.10 NIS 177
14.1.10.1 COMPANY SNAPSHOT 177
14.1.10.2 REVENUE ANALYSIS 177
14.1.10.3 PRODUCT PORTFOLIO 178
14.1.10.4 RECENT DEVELOPMENTS 178
14.1.11 TRILLIUM ENERGY 180
14.1.11.1 COMPANY SNAPSHOT 180
14.1.11.2 PRODUCT PORTFOLIO 180
14.1.11.3 RECENT DEVELOPMENT 181
14.1.12 JIO-BP 182
14.1.12.1 COMPANY SNAPSHOT 182
14.1.12.2 PRODUCT PORTFOLIO 182
14.1.12.3 RECENT DEVELOPMENTS 182
14.2 HIGH-PRESSURE COMPOSITE VESSELS 183
14.2.1 HEXAGON COMPOSITES ASA 183
14.2.1.1 COMPANY SNAPSHOT 183
14.2.1.2 REVENUE ANALYSIS 183
14.2.1.3 PRODUCT PORTFOLIO 184
14.2.1.4 RECENT UPDATES 184
14.2.2 WORTHINGTON ENTERPRISES INC. 185
14.2.2.1 COMPANY SNAPSHOT 185
14.2.2.2 REVENUE ANALYSIS 185
14.2.2.3 PRODUCT PORTFOLIO 186
14.2.2.4 RECENT UPDATES 186
14.2.3 LUXFER GAS CYLINDERS 187
14.2.3.1 COMPANY SNAPSHOT 187
14.2.3.2 REVENUE ANALYSIS 187
14.2.3.3 PRODUCT PORTFOLIO 188
14.2.3.4 RECENT UPDATES 188
14.2.4 SANTEK 189
14.2.4.1 COMPANY SNAPSHOT 189
14.2.4.2 PRODUCT PORTFOLIO 189
14.2.4.3 RECENT UPDATES 189
14.2.5 HANSHO COMPOSITES 190
14.2.5.1 COMPANY SNAPSHOT 190
14.2.5.2 PRODUCT PORTFOLIO 190
14.2.5.3 RECENT UPDATES 190
14.2.6 SAINATH INDUSTRIAL CORPORATION 191
14.2.6.1 COMPANY SNAPSHOT 191
14.2.6.2 PRODUCT PORTFOLIO 191
14.2.6.3 RECENT UPDATES 191
14.2.7 PENTAIR 192
14.2.7.1 COMPANY SNAPSHOT 192
14.2.7.2 REVENUE ANALYSIS 192
14.2.7.3 PRODUCT PORTFOLIO 193
14.2.7.4 RECENT UPDATES 193
14.2.8 FABER INDUSTRIE S.P.A. 194
14.2.8.1 COMPANY SNAPSHOT 194
14.2.8.2 PRODUCT PORTFOLIO 194
14.2.8.3 RECENT DEVELOPMENT 195
15 QUESTIONNAIRE 196
16 RELATED REPORTS 198

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE