The support for natural gas as a transportation fuel in the US is projected to exhibit steady growth from 2024 to 2028. Starting with a forecasted value of 69.16 million USD in 2024, it is anticipated to increase incrementally to 77.93 million USD by 2028. This forecast signifies a compound annual growth rate (CAGR) of approximately 3.0% over this period, reflecting a consistent upward trajectory.
Looking ahead, potential trends to observe include advancements in natural gas vehicle technology, shifts in legislation and environmental policies promoting cleaner fuels, and the competitive landscape with other alternative energy sources, particularly electric vehicles.
