Autogas Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Application, By Region & Competition, 2020-2030F
The Global Autogas Market was valued at USD 55.2 billion in 2024 and is expected to reach USD 74.2 billion by 2030, registering a CAGR of 4.9% during the forecast period. Market growth is being fueled by environmental concerns, cost advantages, and supportive government regulations. Autogas, primarily composed of liquefied petroleum gas (LPG), emits significantly lower levels of CO2, nitrogen oxides, and particulate matter compared to traditional fuels like petrol and diesel. These environmental benefits align with global sustainability goals and air quality initiatives. Economically, autogas offers reduced fuel and maintenance costs, making it a practical choice for individual and commercial users alike. Increased interest in cleaner mobility and favorable policy frameworks continue to drive adoption globally.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 55.2 Billion
Market Size 2030
USD 74.2 Billion
CAGR 2025-2030
4.9%
Fastest Growing Segment
Compressed Natural Gas
Largest Market
North America
Key Market Drivers
Environmental Benefits and Regulatory Support
A key driver of the global autogas market is the heightened focus on environmental sustainability, supported by favorable regulatory frameworks. As the world grapples with climate change and deteriorating urban air quality, autogas is emerging as a preferred alternative to conventional fuels due to its lower emission profile. It emits around 14% less CO2 than gasoline and nearly 20% less than diesel, while also generating minimal nitrogen oxides and particulate matter-major contributors to respiratory illnesses and smog. Many governments are actively promoting cleaner fuels, offering incentives and policy support to encourage autogas adoption. For instance, initiatives like Reliance Industries' large-scale investment in India to establish compressed biogas plants are indicative of growing commitment to alternative fuel infrastructure. These developments underscore autogas's potential as a sustainable fuel option globally.
Key Market Challenges
Limited Availability of Refueling Infrastructure
One of the most pressing challenges facing the global autogas market is the limited and uneven distribution of refueling infrastructure. While countries such as Turkey, Italy, and South Korea have developed robust autogas networks, many other regions-particularly parts of Latin America, North America, and the Middle East-struggle with insufficient station availability. Developing a comprehensive refueling network requires substantial capital, regulatory approvals, and long-term planning. In many emerging economies, financial and logistical hurdles impede the establishment of such infrastructure. This scarcity discourages consumers from adopting autogas-powered vehicles, fearing limited accessibility, which in turn restricts market growth and adoption rates.
Key Market Trends
Increasing Adoption of Autogas in Commercial Fleets and Public Transportation
A prominent trend in the global autogas market is the expanding use of autogas in commercial fleets and public transport systems. Businesses operating delivery vans, taxis, and buses are transitioning to autogas due to its lower operational costs and cleaner emissions profile. Autogas is often 30-50% cheaper than conventional fuels, enabling fleet operators to recoup conversion costs quickly. Additionally, autogas-powered engines experience less wear and generate fewer pollutants, reducing maintenance costs and extending vehicle lifespans. These economic and operational advantages are driving broader adoption in sectors that demand high vehicle uptime and efficiency. Governments are also supporting this shift through incentives and regulatory mandates, further encouraging fleet conversions and infrastructure development.
Key Market Players
SHV Energy N.V.
Lange & Co GmbH
Total Energies SE
Shell plc
Westfalen GmbH
Aygaz A.S.
Likitgaz Distribution and Industry Inc.
Flogas Britain Limited
BP plc
China Petroleum & Chemical Corporation
Report Scope:
In this report, the Global Autogas Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Autogas Market, By Type:
Compressed Natural Gas
Liquefied Petroleum Gas
Liquefied Natural Gas
Others
Autogas Market, By Application:
Passenger Vehicles
Commercial Vehicles
Two-Wheelers
Others
Autogas Market, By Region:
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Australia
South America
Brazil
Colombia
Argentina
Middle East & Africa
Saudi Arabia
UAE
South Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Autogas Market.
Available Customizations:
Global Autogas Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. Global Autogas Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Compressed Natural Gas, Liquefied Petroleum Gas, Liquefied Natural Gas, Others)
5.2.2. By Application (Passenger Vehicles, Commercial Vehicles, Two-Wheelers, Others)
5.2.3. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)