Global Substitute Natural Gas Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

Segmented by Source;

Coal, Oil, Biomass, Solid Waste and Others.

Segmented by Application;

Transportation - Automotive[Passenger Cars, Two/Three Wheelers and Commercial Vehicles], - Agricultural Vehicles, Marine, Railways, Aviation and Others, Energy, Residential Heating, Industrial and Others.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn129015197 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Substitute Natural Gas Market (USD Million), 2021 - 2031

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2021 - 2031
2021 70.2
2022 73.2
2023 78.6
2024 79.8
2025 83.8
2026 90.1
2027 97.4
2028 111.5
2029 116.0
2030 121.0
2031 143.9

In the year 2024, the Global Substitute Natural Gas Market was valued at USD 5270.61 million. The size of this market is expected to increase to USD 6935.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
    4. Market Opportunity Map
  4. Global Substitute Natural Gas Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising requirement for substitute natural gas (SNG) from Asia-Pacific region is expected to drive the market in the forecast period
        2. Increasing government initiatives for environmental greenery is a driver for this market
        3. Restricted supply and high price of natural gas is boosting the market growth
        4. Increased demand of substitute natural gas for various applications, will also propel the market growth
      2. Restraints
        1. High initial investment for the installation of SNG plant is expected to restrain the market in the forecast period
        2. Increase in prices of fossil fuel due to the high usage of aluminium nitride, will also hampers the market growth
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Substitute Natural Gas Market, By Source, 2023 - 2033 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2025 and 2031 (%)
      3. Y-o-Y Growth Analysis, 2022 - 2031
      4. Segment Trends
        1. Coal
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        2. Oil
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        3. Biomass
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        4. Solid Waste
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        5. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
    2. Global Substitute Natural Gas Market, By Application, 2023 - 2033 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2025 and 2031 (%)
      3. Y-o-Y Growth Analysis, 2022 - 2031
      4. Segment Trends
        1. Transportation
          1. Introduction
          2. Market Share Analysis, 2025 and 2031 (%)
          3. Y-o-Y Growth Analysis, 2022 - 2031
          4. Segment Trends
            1. Automotive
              1. Introduction
              2. Market Share Analysis, 2025 and 2031 (%)
              3. Y-o-Y Growth Analysis, 2022 - 2031
              4. Segment Trends
                1. Passenger Cars
                  1. Introduction
                  2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
                2. Two/Three Wheelers
                  1. Introduction
                  2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
                3. Commercial Vehicles
                  1. Introduction
                  2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
            2. Agricultural Vehicles
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
            3. Marine
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
            4. Railways
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
            5. Aviation
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
            6. Others
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        2. Energy
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        3. Residential Heating
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        4. Industrial
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
        5. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2021 - 2031 (USD Million)
    3. Global Substitute Natural Gas Market, By Geography, 2023 - 2033 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2025 and 2031 (%)
      3. Y-o-Y Growth Analysis, 2022 - 2031
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Source, 2021 - 2031 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2031 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Basin Electric Power Cooperative
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Zentrum für Sonnenenergie- und Wasserstoff-Forschung Baden-Württemberg
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Air Liquide
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. TransTech Energy
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. National Gas Company
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market