Global CNG Tank Market Report By Raw Material (Metals, Glass Fiber, Carbon Fiber), By Type (Type-1, Type-2, Type-3, Type-4), By Vehicle Type (Light Duty Vehicles (LDVs), Medium Duty Vehicles (MDVs), Heavy Duty Vehicles (HDVs)) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11217046
January 2022
Report Formats:
The global demand for CNG Tank Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.

CNG tanks are storage containers for compressed natural gas (CNG), which is utilized as a transportation fleet alternative to gasoline. CNG tanks and cylinders are made from various materials, including metals, glass fibre, and carbon fibre.

Market Dynamics

Compressed natural gas (CNG) is becoming a viable choice for the automotive sector due to rising gasoline and diesel fuel prices, decreasing natural gas costs, increasing environmental concerns, and growing Asia-Pacific demand. Consequently, with the increased demand for CNG, the market for CNG tanks is also increasing. The global CNG tanks/cylinders market has proliferated in recent years and is likely to continue. This growth can be ascribed to rising demand for natural gas vehicles, increased natural gas production and exploration, and the development of composite CNG tanks and cylinders. The limited availability of refuelling infrastructure, rising raw material prices, and the high price of composite tanks are the primary hurdles in the CNG tanks market. 

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cng tank. The growth and trends of cng tank industry provide a holistic approach to this study. 

Market Segmentation

This section of the cng tank market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Raw Material
  • Metals
  • Glass Fiber
  • Carbon Fiber

By Type
  • Type-1
  • Type-2
  • Type-3
  • Type-4

By Vehicle Type
  • Light Duty Vehicles (LDVS)
  • Medium Duty Vehicles (MDVS)
  • Heavy Duty Vehicles (HDVS)

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the CNG Tank market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global CNG Tank Market Share by Region (Representative Graph)
Global CNG Tank Market Share


The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cng tank market include ASA (Norway), Luxfer Group (the U.K), Everest Kanto Cylinders Ltd. (India), Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd (China), Worthington Industries (the U.S.), Quantum Fuel Systems Technologies Worldwide Inc. (the U.S.) and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
 
METHODOLOGY:

This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . CNG TANK – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Raw Material
           3.7.2 By Type
           3.7.3 By Vehicle Type
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL CNG TANK MARKET ANALYSIS BY RAW MATERIAL
       6.1 Overview by Raw Material
       6.2 Historical and Forecast Data
       6.3 Analysis by Raw Material
       6.4 Metals Market by Regions
       6.5 Glass Fiber Market by Regions
       6.6 Carbon Fiber Market by Regions
 
7 . GLOBAL CNG TANK MARKET ANALYSIS BY TYPE
       7.1 Overview by Type
       7.2 Historical and Forecast Data
       7.3 Analysis by Type
       7.4 Type-1 Market by Regions
       7.5 Type-2 Market by Regions
       7.6 Type-3 Market by Regions
       7.7 Type-4 Market by Regions
 
8 . GLOBAL CNG TANK MARKET ANALYSIS BY VEHICLE TYPE
       8.1 Overview by Vehicle Type
       8.2 Historical and Forecast Data
       8.3 Analysis by Vehicle Type
       8.4 Light Duty Vehicles (LDVs) Market by Regions
       8.5 Medium Duty Vehicles (MDVs) Market by Regions
       8.6 Heavy Duty Vehicles (HDVs) Market by Regions
 
9 . GLOBAL CNG TANK MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE CNG TANK COMPANIES
       10.1. CNG Tank Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF CNG TANK INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. ASA (Norway)
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Luxfer Group (The U.K)
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Everest Kanto Cylinders Ltd. (India)
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd. (China)
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Worthington Industries (the U.S.)
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Quantum Fuel Systems Technologies Worldwide Inc. (The U.S.)
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Raw Material (USD MN)
  • Metals Market by Geography (USD MN)
  • Glass Fiber Market by Geography (USD MN)
  • Carbon Fiber Market by Geography (USD MN)
  • Analysis Market by Type (USD MN)
  • Type-1 Market by Geography (USD MN)
  • Type-2 Market by Geography (USD MN)
  • Type-3 Market by Geography (USD MN)
  • Type-4 Market by Geography (USD MN)
  • Analysis by Vehicle Type (USD MN)
  • Light Duty Vehicles (LDVs) Market by Geography (USD MN)
  • Medium Duty Vehicles (MDVs) Market by Geography (USD MN)
  • Heavy Duty Vehicles (HDVs) Market by Geography (USD MN)
  • Global CNG Tank Market by Geography (USD MN)
  • North America Market Analysis (USD MN)
  • United State Market Analysis (USD MN)
  • Canada Market Analysis (USD MN)
  • Mexico Market Analysis (USD MN)
  • Europe Market Analysis (USD MN)
  • Europe Market Estimate by Country (USD MN)
  • United Kingdom Market Analysis (USD MN)
  • France Market Analysis (USD MN)
  • Germany Market Analysis (USD MN)
  • Italy Market Analysis (USD MN)
  • Russia Market Analysis (USD MN)
  • Spain Market Analysis (USD MN)
  • Rest of Europe Market Analysis (USD MN)
  • Asia Pacific Market Analysis (USD MN)
  • China Market Analysis (USD MN)
  • Japan Market Analysis (USD MN)
  • India Market Analysis (USD MN)
  • South Korea Market Analysis (USD MN)
  • Australia Market Analysis (USD MN)
  • Rest of Asia Pacific Market Analysis (USD MN)
  • Latin America Market Analysis (USD MN)
  • Brazil Market Analysis (USD MN)
  • Argentina Market Analysis (USD MN)
  • Peru Market Analysis (USD MN)
  • Chile Market Analysis (USD MN)
  • Rest of Latin America Market Analysis (USD MN)
  • Middle East & Africa Market Analysis (USD MN)
  • Saudi Arabia Market Analysis (USD MN)
  • UAE Market Analysis (USD MN)
  • Israel Market Analysis (USD MN)
  • South Africa Market Analysis (USD MN)
  • Rest of Middle East and Africa Market Analysis (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of CNG Tank Report
  • Market Research Process
  • Market Research Methodology
  • Global CNG Tank Market Size, by Region (USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Raw Material
  • Market Attractiveness Analysis by Type
  • Market Attractiveness Analysis by Vehicle Type
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Raw Material (USD MN)
  • Metals Market by Geography (USD MN)
  • Glass Fiber Market by Geography (USD MN)
  • Carbon Fiber Market by Geography (USD MN)
  • Global Market Analysis by Type (USD MN)
  • Type-1 Market by Geography (USD MN)
  • Type-2 Market by Geography (USD MN)
  • Type-3 Market by Geography (USD MN)
  • Type-4 Market by Geography (USD MN)
  • Global Market Analysis by Vehicle Type (USD MN)
  • Light Duty Vehicles (LDVs) Market by Geography (USD MN)
  • Medium Duty Vehicles (MDVs) Market by Geography (USD MN)
  • Heavy Duty Vehicles (HDVs) Market by Geography (USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis, 2020
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

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  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
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  • Analyze competitive developments

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