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Global CNG Tank (CNG Cylinder) Market Research Report 2025
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 (CNG Cylinder) market was valued at US$ 886 million in 2023 and is anticipated to reach US$ 1251.7 million by 2030, witnessing a CAGR of 5.0% 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 (CNG Cylinder), 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 (CNG Cylinder).
Report Scope
The CNG Tank (CNG Cylinder) 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 (CNG Cylinder) 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 (CNG Cylinder) 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
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
Segment by Type
Type 1 CNG Tank
Type 2 CNG Tank
Type 3 CNG Tank
Type 4 CNG Tank
Others
Segment by Application
Passenger Vehicles
Commercial Vehicles
Others
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 (CNG Cylinder) 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 (CNG Cylinder) 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 (CNG Cylinder) 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.
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 (CNG Cylinder) market was valued at US$ 886 million in 2023 and is anticipated to reach US$ 1251.7 million by 2030, witnessing a CAGR of 5.0% 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 (CNG Cylinder), 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 (CNG Cylinder).
Report Scope
The CNG Tank (CNG Cylinder) 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 (CNG Cylinder) 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 (CNG Cylinder) 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
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
Segment by Type
Type 1 CNG Tank
Type 2 CNG Tank
Type 3 CNG Tank
Type 4 CNG Tank
Others
Segment by Application
Passenger Vehicles
Commercial Vehicles
Others
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 (CNG Cylinder) 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 (CNG Cylinder) 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 (CNG Cylinder) 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.
Index1 CNG Tank (CNG Cylinder) Market Overview
1.1 Product Definition
1.2 CNG Tank (CNG Cylinder) Segment by Type
1.2.1 Global CNG Tank (CNG Cylinder) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Type 1 CNG Tank
1.2.3 Type 2 CNG Tank
1.2.4 Type 3 CNG Tank
1.2.5 Type 4 CNG Tank
1.2.6 Others
1.3 CNG Tank (CNG Cylinder) Segment by Application
1.3.1 Global CNG Tank (CNG Cylinder) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Vehicles
1.3.3 Commercial Vehicles
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global CNG Tank (CNG Cylinder) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global CNG Tank (CNG Cylinder) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global CNG Tank (CNG Cylinder) Production Estimates and Forecasts (2019-2030)
1.4.4 Global CNG Tank (CNG Cylinder) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global CNG Tank (CNG Cylinder) Production Market Share by Manufacturers (2019-2024)
2.2 Global CNG Tank (CNG Cylinder) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of CNG Tank (CNG Cylinder), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global CNG Tank (CNG Cylinder) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global CNG Tank (CNG Cylinder) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of CNG Tank (CNG Cylinder), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of CNG Tank (CNG Cylinder), Product Offered and Application
2.8 Global Key Manufacturers of CNG Tank (CNG Cylinder), Date of Enter into This Industry
2.9 CNG Tank (CNG Cylinder) Market Competitive Situation and Trends
2.9.1 CNG Tank (CNG Cylinder) Market Concentration Rate
2.9.2 Global 5 and 10 Largest CNG Tank (CNG Cylinder) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 CNG Tank (CNG Cylinder) Production by Region
3.1 Global CNG Tank (CNG Cylinder) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global CNG Tank (CNG Cylinder) Production Value by Region (2019-2030)
3.2.1 Global CNG Tank (CNG Cylinder) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of CNG Tank (CNG Cylinder) by Region (2025-2030)
3.3 Global CNG Tank (CNG Cylinder) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global CNG Tank (CNG Cylinder) Production by Region (2019-2030)
3.4.1 Global CNG Tank (CNG Cylinder) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of CNG Tank (CNG Cylinder) by Region (2025-2030)
3.5 Global CNG Tank (CNG Cylinder) Market Price Analysis by Region (2019-2024)
3.6 Global CNG Tank (CNG Cylinder) Production and Value, Year-over-Year Growth
3.6.1 North America CNG Tank (CNG Cylinder) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe CNG Tank (CNG Cylinder) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China CNG Tank (CNG Cylinder) Production Value Estimates and Forecasts (2019-2030)
3.6.4 India CNG Tank (CNG Cylinder) Production Value Estimates and Forecasts (2019-2030)
4 CNG Tank (CNG Cylinder) Consumption by Region
4.1 Global CNG Tank (CNG Cylinder) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global CNG Tank (CNG Cylinder) Consumption by Region (2019-2030)
4.2.1 Global CNG Tank (CNG Cylinder) Consumption by Region (2019-2024)
4.2.2 Global CNG Tank (CNG Cylinder) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America CNG Tank (CNG Cylinder) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America CNG Tank (CNG Cylinder) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe CNG Tank (CNG Cylinder) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe CNG Tank (CNG Cylinder) 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 (CNG Cylinder) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific CNG Tank (CNG Cylinder) 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 (CNG Cylinder) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa CNG Tank (CNG Cylinder) 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 (CNG Cylinder) Production by Type (2019-2030)
5.1.1 Global CNG Tank (CNG Cylinder) Production by Type (2019-2024)
5.1.2 Global CNG Tank (CNG Cylinder) Production by Type (2025-2030)
5.1.3 Global CNG Tank (CNG Cylinder) Production Market Share by Type (2019-2030)
5.2 Global CNG Tank (CNG Cylinder) Production Value by Type (2019-2030)
5.2.1 Global CNG Tank (CNG Cylinder) Production Value by Type (2019-2024)
5.2.2 Global CNG Tank (CNG Cylinder) Production Value by Type (2025-2030)
5.2.3 Global CNG Tank (CNG Cylinder) Production Value Market Share by Type (2019-2030)
5.3 Global CNG Tank (CNG Cylinder) Price by Type (2019-2030)
6 Segment by Application
6.1 Global CNG Tank (CNG Cylinder) Production by Application (2019-2030)
6.1.1 Global CNG Tank (CNG Cylinder) Production by Application (2019-2024)
6.1.2 Global CNG Tank (CNG Cylinder) Production by Application (2025-2030)
6.1.3 Global CNG Tank (CNG Cylinder) Production Market Share by Application (2019-2030)
6.2 Global CNG Tank (CNG Cylinder) Production Value by Application (2019-2030)
6.2.1 Global CNG Tank (CNG Cylinder) Production Value by Application (2019-2024)
6.2.2 Global CNG Tank (CNG Cylinder) Production Value by Application (2025-2030)
6.2.3 Global CNG Tank (CNG Cylinder) Production Value Market Share by Application (2019-2030)
6.3 Global CNG Tank (CNG Cylinder) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sinomatech
7.1.1 Sinomatech CNG Tank (CNG Cylinder) Corporation Information
7.1.2 Sinomatech CNG Tank (CNG Cylinder) Product Portfolio
7.1.3 Sinomatech CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sinomatech Main Business and Markets Served
7.1.5 Sinomatech Recent Developments/Updates
7.2 Everest Kanto Cylinders
7.2.1 Everest Kanto Cylinders CNG Tank (CNG Cylinder) Corporation Information
7.2.2 Everest Kanto Cylinders CNG Tank (CNG Cylinder) Product Portfolio
7.2.3 Everest Kanto Cylinders CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Everest Kanto Cylinders Main Business and Markets Served
7.2.5 Everest Kanto Cylinders Recent Developments/Updates
7.3 Worthington Industries
7.3.1 Worthington Industries CNG Tank (CNG Cylinder) Corporation Information
7.3.2 Worthington Industries CNG Tank (CNG Cylinder) Product Portfolio
7.3.3 Worthington Industries CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Worthington Industries Main Business and Markets Served
7.3.5 Worthington Industries Recent Developments/Updates
7.4 Luxfer Group
7.4.1 Luxfer Group CNG Tank (CNG Cylinder) Corporation Information
7.4.2 Luxfer Group CNG Tank (CNG Cylinder) Product Portfolio
7.4.3 Luxfer Group CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Luxfer Group Main Business and Markets Served
7.4.5 Luxfer Group Recent Developments/Updates
7.5 Hexagon Composites
7.5.1 Hexagon Composites CNG Tank (CNG Cylinder) Corporation Information
7.5.2 Hexagon Composites CNG Tank (CNG Cylinder) Product Portfolio
7.5.3 Hexagon Composites CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hexagon Composites Main Business and Markets Served
7.5.5 Hexagon Composites Recent Developments/Updates
7.6 Beijing Tianhai Industry
7.6.1 Beijing Tianhai Industry CNG Tank (CNG Cylinder) Corporation Information
7.6.2 Beijing Tianhai Industry CNG Tank (CNG Cylinder) Product Portfolio
7.6.3 Beijing Tianhai Industry CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Beijing Tianhai Industry Main Business and Markets Served
7.6.5 Beijing Tianhai Industry Recent Developments/Updates
7.7 Rama Cylinders
7.7.1 Rama Cylinders CNG Tank (CNG Cylinder) Corporation Information
7.7.2 Rama Cylinders CNG Tank (CNG Cylinder) Product Portfolio
7.7.3 Rama Cylinders CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Rama Cylinders Main Business and Markets Served
7.7.5 Rama Cylinders Recent Developments/Updates
7.8 Quantum Technologies
7.8.1 Quantum Technologies CNG Tank (CNG Cylinder) Corporation Information
7.8.2 Quantum Technologies CNG Tank (CNG Cylinder) Product Portfolio
7.8.3 Quantum Technologies CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Quantum Technologies Main Business and Markets Served
7.7.5 Quantum Technologies Recent Developments/Updates
7.9 Faber Industrie
7.9.1 Faber Industrie CNG Tank (CNG Cylinder) Corporation Information
7.9.2 Faber Industrie CNG Tank (CNG Cylinder) Product Portfolio
7.9.3 Faber Industrie CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Faber Industrie Main Business and Markets Served
7.9.5 Faber Industrie Recent Developments/Updates
7.10 Praxair Technologies
7.10.1 Praxair Technologies CNG Tank (CNG Cylinder) Corporation Information
7.10.2 Praxair Technologies CNG Tank (CNG Cylinder) Product Portfolio
7.10.3 Praxair Technologies CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Praxair Technologies Main Business and Markets Served
7.10.5 Praxair Technologies Recent Developments/Updates
7.11 CIMC ENRIC
7.11.1 CIMC ENRIC CNG Tank (CNG Cylinder) Corporation Information
7.11.2 CIMC ENRIC CNG Tank (CNG Cylinder) Product Portfolio
7.11.3 CIMC ENRIC CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CIMC ENRIC Main Business and Markets Served
7.11.5 CIMC ENRIC Recent Developments/Updates
7.12 Lianzhong Composites
7.12.1 Lianzhong Composites CNG Tank (CNG Cylinder) Corporation Information
7.12.2 Lianzhong Composites CNG Tank (CNG Cylinder) Product Portfolio
7.12.3 Lianzhong Composites CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Lianzhong Composites Main Business and Markets Served
7.12.5 Lianzhong Composites Recent Developments/Updates
7.13 Avanco Group
7.13.1 Avanco Group CNG Tank (CNG Cylinder) Corporation Information
7.13.2 Avanco Group CNG Tank (CNG Cylinder) Product Portfolio
7.13.3 Avanco Group CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Avanco Group Main Business and Markets Served
7.13.5 Avanco Group Recent Developments/Updates
7.14 Ullit
7.14.1 Ullit CNG Tank (CNG Cylinder) Corporation Information
7.14.2 Ullit CNG Tank (CNG Cylinder) Product Portfolio
7.14.3 Ullit CNG Tank (CNG Cylinder) Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Ullit Main Business and Markets Served
7.14.5 Ullit Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 CNG Tank (CNG Cylinder) Industry Chain Analysis
8.2 CNG Tank (CNG Cylinder) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 CNG Tank (CNG Cylinder) Production Mode & Process
8.4 CNG Tank (CNG Cylinder) Sales and Marketing
8.4.1 CNG Tank (CNG Cylinder) Sales Channels
8.4.2 CNG Tank (CNG Cylinder) Distributors
8.5 CNG Tank (CNG Cylinder) Customers
9 CNG Tank (CNG Cylinder) Market Dynamics
9.1 CNG Tank (CNG Cylinder) Industry Trends
9.2 CNG Tank (CNG Cylinder) Market Drivers
9.3 CNG Tank (CNG Cylinder) Market Challenges
9.4 CNG Tank (CNG Cylinder) 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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