USD 269.7 billion By 2027 according to a new study conducted by Polaris Market Research. the market is anticipated to register a CAGR of 12.8% from 2020 to 2027. Increasing environmental concerns, rising diesel and gasoline prices, and growing demand for CNG as a substitute for other fuels are some of the promising factors that fueling demand for the global CNG market. Rising investment in infrastructure to expand the penetration of compressed natural gas as a vehicle fuel is also projected to propel the market growth. Additionally, stringent government regulations to support the pollution control initiatives coupled with a rise in the use of CNG in major metropolitan cities further support the substantial growth of the market.