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Global CNG Tank (CNG Cylinder) is expected to reach USD 970 million in 2023, from USD 730 million in 2017

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.

Scope of the Report:

This report focuses on the CNG Tank (CNG Cylinder) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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 CNG Tank/Cylinder industry is not highly concentrated, there are more than one hundred manufacturers in the world, and high-end products mainly come from North America and Western Europe. Limited refueling infrastructures, and higher prices of composite cylinders, are some of the factors that hinder the growth of the CNG tanks/cylinders. Rising price of raw materials such as metals, glass fiber, carbon fiber, and other components used in manufacturing of CNG tanks/cylinders are the few challenges inhibiting the growth of the CNG tanks/cylinders market.

In the world wide, major manufactures mainly are Sinomatech, Everest Kanto Cylinders, Worthington Industries, Luxfer Group, Hexagon Composites, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies, Faber Industrie, CIMC ENRIC, Avanco Group and etc.

The worldwide market for CNG Tank (CNG Cylinder) is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 970 million US$ in 2023, from 730 million US$ in 2017.

Market Segment by Manufacturers, this report covers

  • 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

Market Segment by Regions, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

  • Type 1
  • Type 2
  • Type 3
  • Type 4
  • Others

Market Segment by Applications, can be divided into

  • Passenger Vehicles
  • Commercial Vehicles

There are 15 Chapters to deeply display the global CNG Tank (CNG Cylinder) market.

Chapter 1, to describe CNG Tank (CNG Cylinder) Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of CNG Tank (CNG Cylinder), with sales, revenue, and price of CNG Tank (CNG Cylinder), in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of CNG Tank (CNG Cylinder), for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, CNG Tank (CNG Cylinder) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe CNG Tank (CNG Cylinder) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Spanning over 133 pages Global CNG Tank (CNG Cylinder) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” report covers Market Overview, Manufacturers Profiles, Global CNG Tank (CNG Cylinder) Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017), Global CNG Tank (CNG Cylinder) Market Analysis by Regions, North America CNG Tank (CNG Cylinder) by Countries, Europe CNG Tank (CNG Cylinder) by Countries, Asia-Pacific CNG Tank (CNG Cylinder) by Countries, South America CNG Tank (CNG Cylinder) by Countries, Middle East and Africa CNG Tank (CNG Cylinder) by Countries, Global CNG Tank (CNG Cylinder) Market Segment by Type, Global CNG Tank (CNG Cylinder) Market Segment by Application, CNG Tank (CNG Cylinder) Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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