CNG Tank (CNG Cylinder) Market Report 2022: Segment Analysis, Competitive insights, challenges, scope, application and Forecast 2028

Latest research report on “CNG Tank (CNG Cylinder) Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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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.
This report 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.

MARKET MONITOR GLOBAL, INC (MMG) has 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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