Global Compressed Natural Gas CNG TanksCylinders Market Overview And Scope:
Global Compressed Natural Gas CNG TanksCylinders Market Size was estimated at USD 1233.18 million in 2022 and is projected to reach USD 1705.68 million by 2028, exhibiting a CAGR of 5.55% during the forecast period.
The Global Compressed Natural Gas CNG TanksCylinders Market Report 2025 provides comprehensive analysis of market development components, patterns, flows, and sizes. This research study of Compressed Natural Gas CNG TanksCylinders utilized both primary and secondary data sources to calculate present and past market values to forecast potential market management for the forecast period between 2025 and 2032. It includes the study of a wide range of industry parameters, including government policies, market environments, competitive landscape, historical data, current market trends, technological innovations, upcoming technologies, and technological progress within related industries. Additionally, the report provides an in-depth analysis of the value chain and supply chain to demonstrate how value is added at every stage in the product lifecycle. The study incorporates market dynamics such as drivers, restraints/challenges, trends, and their impact on the market.
Top Key Players Mentioned Are: Hexagon Composites ASA, Luxfer Group, Worthington Industries, Avanco Group, Sinomatech, Everest Kanto Cylinders, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies, Faber Industrie, CIMC ENRIC
Global Compressed Natural Gas CNG TanksCylinders Market Segmentation
By Type, Compressed Natural Gas CNG TanksCylinders market has been segmented into:Metals
Glass Fiber
Carbon Fiber
By Application, Compressed Natural Gas CNG TanksCylinders market has been segmented into:
Light Duty Vehicles (LDVs)
Medium Duty Vehicles (MDVs)
Heavy Duty Vehicles (HDVs)
Regional Analysis:
North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Compressed Natural Gas CNG TanksCylinders market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Compressed Natural Gas CNG TanksCylinders market.
Top Key Players Covered in Compressed Natural Gas CNG TanksCylinders market are:
Hexagon Composites ASA
Luxfer Group
Worthington Industries
Avanco Group
Sinomatech
Everest Kanto Cylinders
Beijing Tianhai Industry
Rama Cylinders
Quantum Technologies
Faber Industrie
CIMC ENRIC
Objective to buy this Report:
1. Compressed Natural Gas CNG TanksCylinders analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Compressed Natural Gas CNG TanksCylinders market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Compressed Natural Gas CNG TanksCylinders Market by Type
5.1 Compressed Natural Gas CNG TanksCylinders Market Overview Snapshot and Growth Engine
5.2 Compressed Natural Gas CNG TanksCylinders Market Overview
5.3 Metals
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Metals: Geographic Segmentation
5.4 Glass Fiber
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Glass Fiber: Geographic Segmentation
5.5 Carbon Fiber
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Carbon Fiber: Geographic Segmentation
Chapter 6: Compressed Natural Gas CNG TanksCylinders Market by Application
6.1 Compressed Natural Gas CNG TanksCylinders Market Overview Snapshot and Growth Engine
6.2 Compressed Natural Gas CNG TanksCylinders Market Overview
6.3 Light Duty Vehicles (LDVs)
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Light Duty Vehicles (LDVs): Geographic Segmentation
6.4 Medium Duty Vehicles (MDVs)
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Medium Duty Vehicles (MDVs): Geographic Segmentation
6.5 Heavy Duty Vehicles (HDVs)
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Heavy Duty Vehicles (HDVs): Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Compressed Natural Gas CNG TanksCylinders Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Compressed Natural Gas CNG TanksCylinders Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Compressed Natural Gas CNG TanksCylinders Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 HEXAGON COMPOSITES ASA
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 LUXFER GROUP
7.4 WORTHINGTON INDUSTRIES
7.5 AVANCO GROUP
7.6 SINOMATECH
7.7 EVEREST KANTO CYLINDERS
7.8 BEIJING TIANHAI INDUSTRY
7.9 RAMA CYLINDERS
7.10 QUANTUM TECHNOLOGIES
7.11 FABER INDUSTRIE
7.12 CIMC ENRIC
Chapter 8: Global Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Metals
8.2.2 Glass Fiber
8.2.3 Carbon Fiber
8.3 Historic and Forecasted Market Size By Application
8.3.1 Light Duty Vehicles (LDVs)
8.3.2 Medium Duty Vehicles (MDVs)
8.3.3 Heavy Duty Vehicles (HDVs)
Chapter 9: North America Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Metals
9.4.2 Glass Fiber
9.4.3 Carbon Fiber
9.5 Historic and Forecasted Market Size By Application
9.5.1 Light Duty Vehicles (LDVs)
9.5.2 Medium Duty Vehicles (MDVs)
9.5.3 Heavy Duty Vehicles (HDVs)
9.6 Historic and Forecast Market Size by Country
9.6.1 US
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Eastern Europe Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Metals
10.4.2 Glass Fiber
10.4.3 Carbon Fiber
10.5 Historic and Forecasted Market Size By Application
10.5.1 Light Duty Vehicles (LDVs)
10.5.2 Medium Duty Vehicles (MDVs)
10.5.3 Heavy Duty Vehicles (HDVs)
10.6 Historic and Forecast Market Size by Country
10.6.1 Bulgaria
10.6.2 The Czech Republic
10.6.3 Hungary
10.6.4 Poland
10.6.5 Romania
10.6.6 Rest of Eastern Europe
Chapter 11: Western Europe Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Metals
11.4.2 Glass Fiber
11.4.3 Carbon Fiber
11.5 Historic and Forecasted Market Size By Application
11.5.1 Light Duty Vehicles (LDVs)
11.5.2 Medium Duty Vehicles (MDVs)
11.5.3 Heavy Duty Vehicles (HDVs)
11.6 Historic and Forecast Market Size by Country
11.6.1 Germany
11.6.2 UK
11.6.3 France
11.6.4 Netherlands
11.6.5 Italy
11.6.6 Russia
11.6.7 Spain
11.6.8 Rest of Western Europe
Chapter 12: Asia Pacific Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Metals
12.4.2 Glass Fiber
12.4.3 Carbon Fiber
12.5 Historic and Forecasted Market Size By Application
12.5.1 Light Duty Vehicles (LDVs)
12.5.2 Medium Duty Vehicles (MDVs)
12.5.3 Heavy Duty Vehicles (HDVs)
12.6 Historic and Forecast Market Size by Country
12.6.1 China
12.6.2 India
12.6.3 Japan
12.6.4 South Korea
12.6.5 Malaysia
12.6.6 Thailand
12.6.7 Vietnam
12.6.8 The Philippines
12.6.9 Australia
12.6.10 New Zealand
12.6.11 Rest of APAC
Chapter 13: Middle East & Africa Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Metals
13.4.2 Glass Fiber
13.4.3 Carbon Fiber
13.5 Historic and Forecasted Market Size By Application
13.5.1 Light Duty Vehicles (LDVs)
13.5.2 Medium Duty Vehicles (MDVs)
13.5.3 Heavy Duty Vehicles (HDVs)
13.6 Historic and Forecast Market Size by Country
13.6.1 Turkey
13.6.2 Bahrain
13.6.3 Kuwait
13.6.4 Saudi Arabia
13.6.5 Qatar
13.6.6 UAE
13.6.7 Israel
13.6.8 South Africa
Chapter 14: South America Compressed Natural Gas CNG TanksCylinders Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Metals
14.4.2 Glass Fiber
14.4.3 Carbon Fiber
14.5 Historic and Forecasted Market Size By Application
14.5.1 Light Duty Vehicles (LDVs)
14.5.2 Medium Duty Vehicles (MDVs)
14.5.3 Heavy Duty Vehicles (HDVs)
14.6 Historic and Forecast Market Size by Country
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Compressed Natural Gas CNG TanksCylinders Scope:
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Report Data
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Compressed Natural Gas CNG TanksCylinders Market
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Compressed Natural Gas CNG TanksCylinders Market Size in 2025
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USD XX million
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Compressed Natural Gas CNG TanksCylinders CAGR 2025 - 2032
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XX%
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Compressed Natural Gas CNG TanksCylinders Base Year
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2024
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Compressed Natural Gas CNG TanksCylinders Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Hexagon Composites ASA, Luxfer Group, Worthington Industries, Avanco Group, Sinomatech, Everest Kanto Cylinders, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies, Faber Industrie, CIMC ENRIC.
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Key Segments
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By Type
Metals
Glass Fiber
Carbon Fiber
By Applications
Light Duty Vehicles (LDVs)
Medium Duty Vehicles (MDVs)
Heavy Duty Vehicles (HDVs)
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