Compressed Natural Gas (CNG) Cylinders Market Report– Future Demand, Regional Development and Manufacturers Analysis (2022-2028)

Latest research report on “Compressed Natural Gas (CNG) Cylinders 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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Compressed Natural Gas (CNG) Cylinders 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 Compressed Natural Gas (CNG) Cylinders in global, including the following market information:
Global Compressed Natural Gas (CNG) Cylinders Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Compressed Natural Gas (CNG) Cylinders Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Compressed Natural Gas (CNG) Cylinders companies in 2021 (%)
The global Compressed Natural Gas (CNG) Cylinders market was valued at 974.4 million in 2021 and is projected to reach US$ 1486.6 million by 2028, at a CAGR of 6.2% 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 Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Compressed Natural Gas (CNG) Cylinders 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 Compressed Natural Gas (CNG) Cylinders 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 Compressed Natural Gas (CNG) Cylinders Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compressed Natural Gas (CNG) Cylinders Market Segment Percentages, by Type, 2021 (%)
– Type 1
– Type 2
– Type 3
– Type 4
– Others
Global Compressed Natural Gas (CNG) Cylinders Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compressed Natural Gas (CNG) Cylinders Market Segment Percentages, by Application, 2021 (%)
– Passenger Vehicles
– Commercial Vehicles
Global Compressed Natural Gas (CNG) Cylinders Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Compressed Natural Gas (CNG) Cylinders 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 Compressed Natural Gas (CNG) Cylinders revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Compressed Natural Gas (CNG) Cylinders revenues share in global market, 2021 (%)
Key companies Compressed Natural Gas (CNG) Cylinders sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Compressed Natural Gas (CNG) Cylinders 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
– CIMC ENRIC
– Avanco Group

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