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Synopsis
CNG Tank/Cylinder is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure vessels.
The global CNG Tank market was valued at US$ 886 million in 2023 and is anticipated to reach US$ 1199.5 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The major players in global CNG Tank (CNG Cylinder) market include Everest Kanto Cylinders, Worthington Industries, Sinomatech, etc. The top 3 players occupy about 25% shares of the whole market. North America and Europe are main markets, they occupy about 50% of the global market. Type 2 CNG Tank is the main type, with a share about 40%. Passenger Vehicles is the key application, which holds a share about 70%.
This report aims to provide a comprehensive presentation of the global market for CNG Tank, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CNG Tank.
Report Scope
The CNG Tank market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global CNG Tank market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the CNG Tank manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Faber Industrie
- Hexagon Composites ASA
- Luxfer Gas Cylinder
- Faber Industrie
- Beijing Tianhai Industry
- Worthington Cylinders GmbH
- Quantum Fuel System Technologies
- Everest Kanto Cylinder
- Zhongyou Tongyong Luxi Natural Gas Equipment
- FIBA Technologies
- CIMC Enric Holdings
- Sinoma Science & Technology(SuZhou)
Segment by Type
- Glass Fiber Composite Material
- Carbon Fiber Composite
- Metal Material
Segment by Application
- Shipping
- Land Transportation
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of CNG Tank manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of CNG Tank by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of CNG Tank in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 CNG Tank Market Overview
1.1 Product Definition
1.2 CNG Tank Segment by Type
1.2.1 Global CNG Tank Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Glass Fiber Composite Material
1.2.3 Carbon Fiber Composite
1.2.4 Metal Material
1.3 CNG Tank Segment by Application
1.3.1 Global CNG Tank Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Shipping
1.3.3 Land Transportation
1.4 Global Market Growth Prospects
1.4.1 Global CNG Tank Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global CNG Tank Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global CNG Tank Production Estimates and Forecasts (2019-2030)
1.4.4 Global CNG Tank Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global CNG Tank Production Market Share by Manufacturers (2019-2024)
2.2 Global CNG Tank Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of CNG Tank, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global CNG Tank Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global CNG Tank Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of CNG Tank, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of CNG Tank, Product Offered and Application
2.8 Global Key Manufacturers of CNG Tank, Date of Enter into This Industry
2.9 CNG Tank Market Competitive Situation and Trends
2.9.1 CNG Tank Market Concentration Rate
2.9.2 Global 5 and 10 Largest CNG Tank Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 CNG Tank Production by Region
3.1 Global CNG Tank Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global CNG Tank Production Value by Region (2019-2030)
3.2.1 Global CNG Tank Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of CNG Tank by Region (2025-2030)
3.3 Global CNG Tank Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global CNG Tank Production by Region (2019-2030)
3.4.1 Global CNG Tank Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of CNG Tank by Region (2025-2030)
3.5 Global CNG Tank Market Price Analysis by Region (2019-2024)
3.6 Global CNG Tank Production and Value, Year-over-Year Growth
3.6.1 North America CNG Tank Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe CNG Tank Production Value Estimates and Forecasts (2019-2030)
3.6.3 China CNG Tank Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan CNG Tank Production Value Estimates and Forecasts (2019-2030)
4 CNG Tank Consumption by Region
4.1 Global CNG Tank Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global CNG Tank Consumption by Region (2019-2030)
4.2.1 Global CNG Tank Consumption by Region (2019-2024)
4.2.2 Global CNG Tank Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America CNG Tank Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America CNG Tank Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe CNG Tank Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe CNG Tank Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific CNG Tank Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific CNG Tank Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa CNG Tank Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa CNG Tank Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global CNG Tank Production by Type (2019-2030)
5.1.1 Global CNG Tank Production by Type (2019-2024)
5.1.2 Global CNG Tank Production by Type (2025-2030)
5.1.3 Global CNG Tank Production Market Share by Type (2019-2030)
5.2 Global CNG Tank Production Value by Type (2019-2030)
5.2.1 Global CNG Tank Production Value by Type (2019-2024)
5.2.2 Global CNG Tank Production Value by Type (2025-2030)
5.2.3 Global CNG Tank Production Value Market Share by Type (2019-2030)
5.3 Global CNG Tank Price by Type (2019-2030)
6 Segment by Application
6.1 Global CNG Tank Production by Application (2019-2030)
6.1.1 Global CNG Tank Production by Application (2019-2024)
6.1.2 Global CNG Tank Production by Application (2025-2030)
6.1.3 Global CNG Tank Production Market Share by Application (2019-2030)
6.2 Global CNG Tank Production Value by Application (2019-2030)
6.2.1 Global CNG Tank Production Value by Application (2019-2024)
6.2.2 Global CNG Tank Production Value by Application (2025-2030)
6.2.3 Global CNG Tank Production Value Market Share by Application (2019-2030)
6.3 Global CNG Tank Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Faber Industrie
7.1.1 Faber Industrie CNG Tank Corporation Information
7.1.2 Faber Industrie CNG Tank Product Portfolio
7.1.3 Faber Industrie CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Faber Industrie Main Business and Markets Served
7.1.5 Faber Industrie Recent Developments/Updates
7.2 Hexagon Composites ASA
7.2.1 Hexagon Composites ASA CNG Tank Corporation Information
7.2.2 Hexagon Composites ASA CNG Tank Product Portfolio
7.2.3 Hexagon Composites ASA CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Hexagon Composites ASA Main Business and Markets Served
7.2.5 Hexagon Composites ASA Recent Developments/Updates
7.3 Luxfer Gas Cylinder
7.3.1 Luxfer Gas Cylinder CNG Tank Corporation Information
7.3.2 Luxfer Gas Cylinder CNG Tank Product Portfolio
7.3.3 Luxfer Gas Cylinder CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Luxfer Gas Cylinder Main Business and Markets Served
7.3.5 Luxfer Gas Cylinder Recent Developments/Updates
7.4 Faber Industrie
7.4.1 Faber Industrie CNG Tank Corporation Information
7.4.2 Faber Industrie CNG Tank Product Portfolio
7.4.3 Faber Industrie CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Faber Industrie Main Business and Markets Served
7.4.5 Faber Industrie Recent Developments/Updates
7.5 Beijing Tianhai Industry
7.5.1 Beijing Tianhai Industry CNG Tank Corporation Information
7.5.2 Beijing Tianhai Industry CNG Tank Product Portfolio
7.5.3 Beijing Tianhai Industry CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Beijing Tianhai Industry Main Business and Markets Served
7.5.5 Beijing Tianhai Industry Recent Developments/Updates
7.6 Worthington Cylinders GmbH
7.6.1 Worthington Cylinders GmbH CNG Tank Corporation Information
7.6.2 Worthington Cylinders GmbH CNG Tank Product Portfolio
7.6.3 Worthington Cylinders GmbH CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Worthington Cylinders GmbH Main Business and Markets Served
7.6.5 Worthington Cylinders GmbH Recent Developments/Updates
7.7 Quantum Fuel System Technologies
7.7.1 Quantum Fuel System Technologies CNG Tank Corporation Information
7.7.2 Quantum Fuel System Technologies CNG Tank Product Portfolio
7.7.3 Quantum Fuel System Technologies CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Quantum Fuel System Technologies Main Business and Markets Served
7.7.5 Quantum Fuel System Technologies Recent Developments/Updates
7.8 Everest Kanto Cylinder
7.8.1 Everest Kanto Cylinder CNG Tank Corporation Information
7.8.2 Everest Kanto Cylinder CNG Tank Product Portfolio
7.8.3 Everest Kanto Cylinder CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Everest Kanto Cylinder Main Business and Markets Served
7.7.5 Everest Kanto Cylinder Recent Developments/Updates
7.9 Zhongyou Tongyong Luxi Natural Gas Equipment
7.9.1 Zhongyou Tongyong Luxi Natural Gas Equipment CNG Tank Corporation Information
7.9.2 Zhongyou Tongyong Luxi Natural Gas Equipment CNG Tank Product Portfolio
7.9.3 Zhongyou Tongyong Luxi Natural Gas Equipment CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Zhongyou Tongyong Luxi Natural Gas Equipment Main Business and Markets Served
7.9.5 Zhongyou Tongyong Luxi Natural Gas Equipment Recent Developments/Updates
7.10 FIBA Technologies
7.10.1 FIBA Technologies CNG Tank Corporation Information
7.10.2 FIBA Technologies CNG Tank Product Portfolio
7.10.3 FIBA Technologies CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.10.4 FIBA Technologies Main Business and Markets Served
7.10.5 FIBA Technologies Recent Developments/Updates
7.11 CIMC Enric Holdings
7.11.1 CIMC Enric Holdings CNG Tank Corporation Information
7.11.2 CIMC Enric Holdings CNG Tank Product Portfolio
7.11.3 CIMC Enric Holdings CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CIMC Enric Holdings Main Business and Markets Served
7.11.5 CIMC Enric Holdings Recent Developments/Updates
7.12 Sinoma Science & Technology(SuZhou)
7.12.1 Sinoma Science & Technology(SuZhou) CNG Tank Corporation Information
7.12.2 Sinoma Science & Technology(SuZhou) CNG Tank Product Portfolio
7.12.3 Sinoma Science & Technology(SuZhou) CNG Tank Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Sinoma Science & Technology(SuZhou) Main Business and Markets Served
7.12.5 Sinoma Science & Technology(SuZhou) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 CNG Tank Industry Chain Analysis
8.2 CNG Tank Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 CNG Tank Production Mode & Process
8.4 CNG Tank Sales and Marketing
8.4.1 CNG Tank Sales Channels
8.4.2 CNG Tank Distributors
8.5 CNG Tank Customers
9 CNG Tank Market Dynamics
9.1 CNG Tank Industry Trends
9.2 CNG Tank Market Drivers
9.3 CNG Tank Market Challenges
9.4 CNG Tank Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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