This report contains market size and forecasts of Compressed Natural Gas (CNG) Tanks/Cylinders in global, including the following market information:
- Global Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Compressed Natural Gas (CNG) Tanks/Cylinders Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Compressed Natural Gas (CNG) Tanks/Cylinders companies in 2021 (%)
The global Compressed Natural Gas (CNG) Tanks/Cylinders market was valued at 1200.8 million in 2021 and is projected to reach US$ 1719.5 million by 2028, at a CAGR of 5.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Metals Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Compressed Natural Gas (CNG) Tanks/Cylinders include Hexagon Composites ASA, Luxfer Group, Worthington Industries, Avanco Group, Sinomatech, Everest Kanto Cylinders, Beijing Tianhai Industry, Rama Cylinders and Quantum Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Compressed Natural Gas (CNG) Tanks/Cylinders manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Compressed Natural Gas (CNG) Tanks/Cylinders Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compressed Natural Gas (CNG) Tanks/Cylinders Market Segment Percentages, by Type, 2021 (%)
- Metals
- Glass Fiber
- Carbon Fiber
Global Compressed Natural Gas (CNG) Tanks/Cylinders Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compressed Natural Gas (CNG) Tanks/Cylinders Market Segment Percentages, by Application, 2021 (%)
- Light Duty Vehicles (LDVs)
- Medium Duty Vehicles (MDVs)
- Heavy Duty Vehicles (HDVs)
Global Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compressed Natural Gas (CNG) Tanks/Cylinders Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Compressed Natural Gas (CNG) Tanks/Cylinders revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Compressed Natural Gas (CNG) Tanks/Cylinders revenues share in global market, 2021 (%)
- Key companies Compressed Natural Gas (CNG) Tanks/Cylinders sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Compressed Natural Gas (CNG) Tanks/Cylinders sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Hexagon Composites ASA
- Luxfer Group
- Worthington Industries
- Avanco Group
- Sinomatech
- Everest Kanto Cylinders
- Beijing Tianhai Industry
- Rama Cylinders
- Quantum Technologies
- Faber Industrie
- CIMC ENRIC
