“Compressed Natural Gas (CNG) Cylinders Market” Insights 2022 By Types (Type 1, Type 2, Type 3, Type 4, Others), Applications (Passenger Vehicles, Commercial Vehicles), Regions and Forecast to 2028. The global Compressed Natural Gas (CNG) Cylinders market size is projected to reach multi million by 2028, in comparison to 2022, with unexpected CAGR during the forecast period, the Compressed Natural Gas (CNG) Cylinders Market Report Including Full TOC, Tables and Figures, and Chart with In-depth Analysis Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Region.
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.
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.
The Compressed Natural Gas (CNG) Cylinders 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.
The growth in CNG cylinder market for storage and transportation of CNG would be dependent on government plans and initiatives to switch over to alternative fuel. However, with natural gas being progressively made available in most parts of the country and the rising cost of fuels (except for the fall in prices witnessed since the second half of the year), it is expected that the Government policies would be progressive favoring CNG as a fuel. The recent judicial activism at the highest level resulting which the Government has been mandated to have uniform natural gas prices across worldwide is a beneficial development, which will improve the availability of CNG at reasonable cost across India, which will induce consumers to switch over to CNG vehicles. This would lead to an accelerated growth in the CNG cylinder industry. Policy decision by the government to de-regulate diesel prices will turn some of the demand to CNG. The expected increase in supply of domestic gas due to the gas price hike will add impetus to the demand in the long run.
The Compressed Natural Gas (CNG) Cylinders market was valued at 730 Million USD in 2018 and is projected to reach 1210 Million USD by 2025, at a CAGR of 6.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Compressed Natural Gas (CNG) Cylinders.
The Global Compressed Natural Gas (CNG) Cylinders market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of topics market participants must be aware of to remain competitive.
Compressed Natural Gas (CNG) Cylinders Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. The comprehensive report provides a two-dimensional picture of the market. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2022 to 2028, the reader can identify the footprints of manufacturers in the Compressed Natural Gas (CNG) Cylinders industry.
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Compressed Natural Gas (CNG) Cylinders Market – Competitive and Segmentation Analysis:
As well as providing an overview of successful marketing strategies, market contributions, and recent developments of leading companies, the report also offers a dashboard overview of leading companies’ past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Compressed Natural Gas (CNG) Cylinders Market.
The Major players covered in the Compressed Natural Gas (CNG) Cylinders market report are:
- Sinomatech
- Everest Kanto Cylinders
- Worthington Industries
- Luxfer Group
- Hexagon Composites
- Beijing Tianhai Industry
- Rama Cylinders
- Quantum Technologies
- Faber Industrie
- CIMC ENRIC
- Avanco Group
The current market dossier provides market growth potential, opportunities, drivers, industry-specific challenges and risks market share along with the growth rate of the global Compressed Natural Gas (CNG) Cylinders market. The report also covers monetary and exchange fluctuations, import-export trade, and global market
status in a smooth-tongued pattern. The SWOT analysis, compiled by industry experts, Industry Concentration Ratio and the latest developments for the global Compressed Natural Gas (CNG) Cylinders market share are covered in a statistical way in the form of tables and figures including graphs and charts for easy understanding.
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A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Report further studies the market development status and future Compressed Natural Gas (CNG) Cylinders Market trend across the world. Also, it splits Compressed Natural Gas (CNG) Cylinders market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
On the basis of product typethis report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- Type 1
- Type 2
- Type 3
- Type 4
- Others
On the basis of the end users/applicationsthis report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:
- Passenger Vehicles
- Commercial Vehicles
Compressed Natural Gas (CNG) Cylinders Market – Regional Analysis:
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Compressed Natural Gas (CNG) Cylinders in these regions, from 2015 to 2027, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some of the key questions answered in this report:
- What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Compressed Natural Gas (CNG) Cylinders ?
- Who are the global key manufacturers of the Compressed Natural Gas (CNG) Cylinders Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
- How the competition goes in the future related to Compressed Natural Gas (CNG) Cylinders ?
- Which is the most leading country in the world?
- What are the Compressed Natural Gas (CNG) Cylinders market opportunities and threats faced by the vendors in the global Compressed Natural Gas (CNG) Cylinders Industry?
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
- What focused approach and constraints are holding the Compressed Natural Gas (CNG) Cylinders market?
- What are the different sales, marketing, and distribution channels in the global industry?
- What are the upstream raw materials and manufacturing equipment of Compressed Natural Gas (CNG) Cylinders along with the manufacturing process of Acetonitrile?
- What are the key market trends impacting the growth of the Compressed Natural Gas (CNG) Cylinders market?
- Economic impact on the Compressed Natural Gas (CNG) Cylinders industry and development trend of the Compressed Natural Gas (CNG) Cylinders industry.
- What are the market opportunities, market risk, and market overview of the Compressed Natural Gas (CNG) Cylinders market?
- What are the key drivers, restraints, opportunities, and challenges of the Compressed Natural Gas (CNG) Cylinders market, and how they are expected to impact the market?
- What is the Compressed Natural Gas (CNG) Cylinders market size at the regional and country-level?
- How do you find your target audience?
Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.
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With tables and figures helping analyse worldwide Global Compressed Natural Gas (CNG) Cylinders market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Detailed TOC of Global Compressed Natural Gas (CNG) Cylinders Market Research Report 2022
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Compressed Natural Gas (CNG) Cylinders Annual Sales 2017-2028
2.1.2 World Current and Future Analysis for Compressed Natural Gas (CNG) Cylinders by Geographic Region, 2017, 2022 and 2028
2.1.3 World Current and Future Analysis for Compressed Natural Gas (CNG) Cylinders by Country/Region, 2017, 2022 and 2028
2.2 Compressed Natural Gas (CNG) Cylinders Segment by Type
2.3 Compressed Natural Gas (CNG) Cylinders Sales by Type
2.3.1 Global Compressed Natural Gas (CNG) Cylinders Sales Market Share by Type (2017-2022)
2.3.2 Global Compressed Natural Gas (CNG) Cylinders Revenue and Market Share by Type (2017-2022)
2.3.3 Global Compressed Natural Gas (CNG) Cylinders Sale Price by Type (2017-2022)
2.4 Compressed Natural Gas (CNG) Cylinders Segment by Applications
2.5 Compressed Natural Gas (CNG) Cylinders Sales by Application
2.5.1 Global Compressed Natural Gas (CNG) Cylinders Sale Market Share by Application (2017-2022)
2.5.2 Global Compressed Natural Gas (CNG) Cylinders Revenue and Market Share by Application (2017-2022)
2.5.3 Global Compressed Natural Gas (CNG) Cylinders Sale Price by Application (2017-2022)
3 Global Compressed Natural Gas (CNG) Cylinders by Company
3.1 Global Compressed Natural Gas (CNG) Cylinders Breakdown Data by Company
3.1.1 Global Compressed Natural Gas (CNG) Cylinders Annual Sales by Company (2020-2022)
3.1.2 Global Compressed Natural Gas (CNG) Cylinders Sales Market Share by Company (2020-2022)
3.2 Global Compressed Natural Gas (CNG) Cylinders Annual Revenue by Company (2020-2022)
3.2.1 Global Compressed Natural Gas (CNG) Cylinders Revenue by Company (2020-2022)
3.2.2 Global Compressed Natural Gas (CNG) Cylinders Revenue Market Share by Company (2020-2022)
3.3 Global Compressed Natural Gas (CNG) Cylinders Sale Price by Company
3.4 Key Manufacturers Compressed Natural Gas (CNG) Cylinders Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Compressed Natural Gas (CNG) Cylinders Product Location Distribution
3.4.2 Players Compressed Natural Gas (CNG) Cylinders Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) and (2020-2022)
3.6 New Products and Potential Entrants
3.7 Mergers and Acquisitions, Expansion
4 World Historic Review for Compressed Natural Gas (CNG) Cylinders by Geographic Region
4.1 World Historic Compressed Natural Gas (CNG) Cylinders Market Size by Geographic Region (2017-2022)
4.1.1 Global Compressed Natural Gas (CNG) Cylinders Annual Sales by Geographic Region (2017-2022)
4.1.2 Global Compressed Natural Gas (CNG) Cylinders Annual Revenue by Geographic Region
4.2 World Historic Compressed Natural Gas (CNG) Cylinders Market Size by Country/Region (2017-2022)
4.2.1 Global Compressed Natural Gas (CNG) Cylinders Annual Sales by Country/Region (2017-2022)
4.2.2 Global Compressed Natural Gas (CNG) Cylinders Annual Revenue by Country/Region
4.3 Americas Compressed Natural Gas (CNG) Cylinders Sales Growth
4.4 APAC Compressed Natural Gas (CNG) Cylinders Sales Growth
4.5 Europe Compressed Natural Gas (CNG) Cylinders Sales Growth
4.6 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Sales Growth
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5 Americas
5.1 Americas Compressed Natural Gas (CNG) Cylinders Sales by Country
5.1.1 Americas Compressed Natural Gas (CNG) Cylinders Sales by Country (2017-2022)
5.1.2 Americas Compressed Natural Gas (CNG) Cylinders Revenue by Country (2017-2022)
5.2 Americas Compressed Natural Gas (CNG) Cylinders Sales by Type
5.3 Americas Compressed Natural Gas (CNG) Cylinders Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Compressed Natural Gas (CNG) Cylinders Sales by Region
6.1.1 APAC Compressed Natural Gas (CNG) Cylinders Sales by Region (2017-2022)
6.1.2 APAC Compressed Natural Gas (CNG) Cylinders Revenue by Region (2017-2022)
6.2 APAC Compressed Natural Gas (CNG) Cylinders Sales by Type
6.3 APAC Compressed Natural Gas (CNG) Cylinders Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Compressed Natural Gas (CNG) Cylinders by Country
7.1.1 Europe Compressed Natural Gas (CNG) Cylinders Sales by Country (2017-2022)
7.1.2 Europe Compressed Natural Gas (CNG) Cylinders Revenue by Country (2017-2022)
7.2 Europe Compressed Natural Gas (CNG) Cylinders Sales by Type
7.3 Europe Compressed Natural Gas (CNG) Cylinders Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East and Africa
8.1 Middle East and Africa Compressed Natural Gas (CNG) Cylinders by Country
8.1.1 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Sales by Country (2017-2022)
8.1.2 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Revenue by Country (2017-2022)
8.2 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Sales by Type
8.3 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Growth Opportunities
9.2 Market Challenges and Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Compressed Natural Gas (CNG) Cylinders
10.3 Manufacturing Process Analysis of Compressed Natural Gas (CNG) Cylinders
10.4 Industry Chain Structure of Compressed Natural Gas (CNG) Cylinders
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Compressed Natural Gas (CNG) Cylinders Distributors
11.3 Compressed Natural Gas (CNG) Cylinders Customer
12 World Forecast Review for Compressed Natural Gas (CNG) Cylinders by Geographic Region
12.1 Global Compressed Natural Gas (CNG) Cylinders Market Size Forecast by Region
12.1.1 Global Compressed Natural Gas (CNG) Cylinders Forecast by Region (2023-2028)
12.1.2 Global Compressed Natural Gas (CNG) Cylinders Annual Revenue Forecast by Region (2023-2028)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East and Africa Forecast by Country
12.6 Global Compressed Natural Gas (CNG) Cylinders Forecast by Type
12.7 Global Compressed Natural Gas (CNG) Cylinders Forecast by Application
13 Key Players Analysis
13.1.1 Company Information
13.1.2 Compressed Natural Gas (CNG) Cylinders Product Offered
13.1.3 Compressed Natural Gas (CNG) Cylinders Sales, Revenue, Price and Gross Margin (2020-2022)
13.1.4 Main Business Overview
13.1.5 Latest Developments
14 Research Findings and Conclusion
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