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Download Free sampleCNG 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.
CNG Tank Market contains market size and forecasts of CNG Tank (CNG Cylinder) in global, including the following market information:
Global CNG Tank (CNG Cylinder) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global CNG Tank (CNG Cylinder) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five CNG Tank (CNG Cylinder) companies in 2021 (%)
The global CNG Tank (CNG Cylinder) market was valued at 911.6 million in 2021 and is projected to reach US$ 1264.5 million by 2028, at a CAGR of 4.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Type 1 CNG Tank Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CNG Tank (CNG Cylinder) include Sinomatech, Everest Kanto Cylinders, Worthington Industries, Luxfer Group, Hexagon Composites, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies and Faber Industrie, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the CNG Tank (CNG Cylinder) 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 CNG Tank (CNG Cylinder) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNG Tank (CNG Cylinder) Market Segment Percentages, by Type, 2021 (%)
Type 1 CNG Tank
Type 2 CNG Tank
Type 3 CNG Tank
Type 4 CNG Tank
Others
Global CNG Tank (CNG Cylinder) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNG Tank (CNG Cylinder) Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicles
Commercial Vehicles
Others
Global CNG Tank (CNG Cylinder) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNG Tank (CNG Cylinder) 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 CNG Tank (CNG Cylinder) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies CNG Tank (CNG Cylinder) revenues share in global market, 2021 (%)
Key companies CNG Tank (CNG Cylinder) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies CNG Tank (CNG Cylinder) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sinomatech
Everest Kanto Cylinders
Worthington Industries
Luxfer Group
Hexagon Composites
Beijing Tianhai Industry
Rama Cylinders
Quantum Technologies
Faber Industrie
Praxair Technologies
CIMC ENRIC
Lianzhong Composites
Avanco Group
Ullit
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