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Global CNG Tank CNG Cylinder Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 02, 2025
Length 151 Pages
SKU # BOSS20300919

Description

Report Overview

The market for Compressed Natural Gas (CNG) tanks and cylinders is primarily driven by the growing adoption of natural gas as a cleaner alternative to traditional fossil fuels in automotive and industrial applications. These high-pressure storage vessels are designed to safely contain CNG at pressures ranging from 200 to 250 bar, making them critical components in CNG-powered vehicles, refueling stations, and transportation infrastructure. The demand is influenced by stringent environmental regulations promoting low-emission fuels, cost advantages of natural gas over gasoline or diesel, and government incentives for CNG vehicle adoption. Key markets include regions with established natural gas infrastructure, such as North America, Europe, and parts of Asia, particularly India and China, where urbanization and pollution concerns are accelerating the shift toward greener energy solutions. The industry is characterized by advancements in lightweight composite materials (e.g., carbon fiber-reinforced tanks) to improve efficiency and safety, though steel cylinders remain prevalent in cost-sensitive markets. Competition among manufacturers focuses on durability, weight reduction, and compliance with international safety standards such as ISO 11439 and DOT regulations. Challenges include high production costs for advanced materials, limited refueling infrastructure in developing regions, and competition from electric vehicles. However, the increasing emphasis on decarbonization and energy security is expected to sustain long-term growth in the CNG tank and cylinder market.

The global CNG Tank CNG Cylinder market size was estimated at USD 978.35 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.05% during the forecast period.

This report provides a deep insight into the global CNG Tank CNG Cylinder market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global CNG Tank CNG Cylinder Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the CNG Tank CNG Cylinder market in any manner.

Global CNG Tank CNG Cylinder Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key 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

Market Segmentation (by Type)

Type 1 CNG Tank

Type 2 CNG Tank

Type 3 CNG Tank

Type 4 CNG Tank

Others

Market Segmentation (by Application)

Passenger Vehicles

Commercial Vehicles

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the CNG Tank CNG Cylinder Market

Overview of the regional outlook of the CNG Tank CNG Cylinder Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, 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 CNG Tank CNG Cylinder Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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 capacity of each country in the world.

Chapter 9 shares the main producing countries of CNG Tank CNG Cylinder, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

151 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Cng Tank Cng Cylinder
1.2 Key Market Segments
1.2.1 Cng Tank Cng Cylinder Segment By Type
1.2.2 Cng Tank Cng Cylinder Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Cng Tank Cng Cylinder Market Overview
2.1 Global Market Overview
2.1.1 Global Cng Tank Cng Cylinder Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Cng Tank Cng Cylinder Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Cng Tank Cng Cylinder Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Cng Tank Cng Cylinder Product Life Cycle
3.3 Global Cng Tank Cng Cylinder Sales By Manufacturers (2020-2025)
3.4 Global Cng Tank Cng Cylinder Revenue Market Share By Manufacturers (2020-2025)
3.5 Cng Tank Cng Cylinder Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Cng Tank Cng Cylinder Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Cng Tank Cng Cylinder Market Competitive Situation And Trends
3.8.1 Cng Tank Cng Cylinder Market Concentration Rate
3.8.2 Global 5 And 10 Largest Cng Tank Cng Cylinder Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Cng Tank Cng Cylinder Industry Chain Analysis
4.1 Cng Tank Cng Cylinder Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Cng Tank Cng Cylinder Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Cng Tank Cng Cylinder Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Cng Tank Cng Cylinder Market
5.7 Esg Ratings Of Leading Companies
6 Cng Tank Cng Cylinder Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Cng Tank Cng Cylinder Sales Market Share By Type (2020-2025)
6.3 Global Cng Tank Cng Cylinder Market Size Market Share By Type (2020-2025)
6.4 Global Cng Tank Cng Cylinder Price By Type (2020-2025)
7 Cng Tank Cng Cylinder Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Cng Tank Cng Cylinder Market Sales By Application (2020-2025)
7.3 Global Cng Tank Cng Cylinder Market Size (M Usd) By Application (2020-2025)
7.4 Global Cng Tank Cng Cylinder Sales Growth Rate By Application (2020-2025)
8 Cng Tank Cng Cylinder Market Sales By Region
8.1 Global Cng Tank Cng Cylinder Sales By Region
8.1.1 Global Cng Tank Cng Cylinder Sales By Region
8.1.2 Global Cng Tank Cng Cylinder Sales Market Share By Region
8.2 Global Cng Tank Cng Cylinder Market Size By Region
8.2.1 Global Cng Tank Cng Cylinder Market Size By Region
8.2.2 Global Cng Tank Cng Cylinder Market Size Market Share By Region
8.3 North America
8.3.1 North America Cng Tank Cng Cylinder Sales By Country
8.3.2 North America Cng Tank Cng Cylinder Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Cng Tank Cng Cylinder Sales By Country
8.4.2 Europe Cng Tank Cng Cylinder Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Cng Tank Cng Cylinder Sales By Region
8.5.2 Asia Pacific Cng Tank Cng Cylinder Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Cng Tank Cng Cylinder Sales By Country
8.6.2 South America Cng Tank Cng Cylinder Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Cng Tank Cng Cylinder Sales By Region
8.7.2 Middle East And Africa Cng Tank Cng Cylinder Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Cng Tank Cng Cylinder Market Production By Region
9.1 Global Production Of Cng Tank Cng Cylinder By Region(2020-2025)
9.2 Global Cng Tank Cng Cylinder Revenue Market Share By Region (2020-2025)
9.3 Global Cng Tank Cng Cylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Cng Tank Cng Cylinder Production
9.4.1 North America Cng Tank Cng Cylinder Production Growth Rate (2020-2025)
9.4.2 North America Cng Tank Cng Cylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Cng Tank Cng Cylinder Production
9.5.1 Europe Cng Tank Cng Cylinder Production Growth Rate (2020-2025)
9.5.2 Europe Cng Tank Cng Cylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Cng Tank Cng Cylinder Production (2020-2025)
9.6.1 Japan Cng Tank Cng Cylinder Production Growth Rate (2020-2025)
9.6.2 Japan Cng Tank Cng Cylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Cng Tank Cng Cylinder Production (2020-2025)
9.7.1 China Cng Tank Cng Cylinder Production Growth Rate (2020-2025)
9.7.2 China Cng Tank Cng Cylinder Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Sinomatech
10.1.1 Sinomatech Basic Information
10.1.2 Sinomatech Cng Tank Cng Cylinder Product Overview
10.1.3 Sinomatech Cng Tank Cng Cylinder Product Market Performance
10.1.4 Sinomatech Business Overview
10.1.5 Sinomatech Swot Analysis
10.1.6 Sinomatech Recent Developments
10.2 Everest Kanto Cylinders
10.2.1 Everest Kanto Cylinders Basic Information
10.2.2 Everest Kanto Cylinders Cng Tank Cng Cylinder Product Overview
10.2.3 Everest Kanto Cylinders Cng Tank Cng Cylinder Product Market Performance
10.2.4 Everest Kanto Cylinders Business Overview
10.2.5 Everest Kanto Cylinders Swot Analysis
10.2.6 Everest Kanto Cylinders Recent Developments
10.3 Worthington Industries
10.3.1 Worthington Industries Basic Information
10.3.2 Worthington Industries Cng Tank Cng Cylinder Product Overview
10.3.3 Worthington Industries Cng Tank Cng Cylinder Product Market Performance
10.3.4 Worthington Industries Business Overview
10.3.5 Worthington Industries Swot Analysis
10.3.6 Worthington Industries Recent Developments
10.4 Luxfer Group
10.4.1 Luxfer Group Basic Information
10.4.2 Luxfer Group Cng Tank Cng Cylinder Product Overview
10.4.3 Luxfer Group Cng Tank Cng Cylinder Product Market Performance
10.4.4 Luxfer Group Business Overview
10.4.5 Luxfer Group Recent Developments
10.5 Hexagon Composites
10.5.1 Hexagon Composites Basic Information
10.5.2 Hexagon Composites Cng Tank Cng Cylinder Product Overview
10.5.3 Hexagon Composites Cng Tank Cng Cylinder Product Market Performance
10.5.4 Hexagon Composites Business Overview
10.5.5 Hexagon Composites Recent Developments
10.6 Beijing Tianhai Industry
10.6.1 Beijing Tianhai Industry Basic Information
10.6.2 Beijing Tianhai Industry Cng Tank Cng Cylinder Product Overview
10.6.3 Beijing Tianhai Industry Cng Tank Cng Cylinder Product Market Performance
10.6.4 Beijing Tianhai Industry Business Overview
10.6.5 Beijing Tianhai Industry Recent Developments
10.7 Rama Cylinders
10.7.1 Rama Cylinders Basic Information
10.7.2 Rama Cylinders Cng Tank Cng Cylinder Product Overview
10.7.3 Rama Cylinders Cng Tank Cng Cylinder Product Market Performance
10.7.4 Rama Cylinders Business Overview
10.7.5 Rama Cylinders Recent Developments
10.8 Quantum Technologies
10.8.1 Quantum Technologies Basic Information
10.8.2 Quantum Technologies Cng Tank Cng Cylinder Product Overview
10.8.3 Quantum Technologies Cng Tank Cng Cylinder Product Market Performance
10.8.4 Quantum Technologies Business Overview
10.8.5 Quantum Technologies Recent Developments
10.9 Faber Industrie
10.9.1 Faber Industrie Basic Information
10.9.2 Faber Industrie Cng Tank Cng Cylinder Product Overview
10.9.3 Faber Industrie Cng Tank Cng Cylinder Product Market Performance
10.9.4 Faber Industrie Business Overview
10.9.5 Faber Industrie Recent Developments
10.10 Praxair Technologies
10.10.1 Praxair Technologies Basic Information
10.10.2 Praxair Technologies Cng Tank Cng Cylinder Product Overview
10.10.3 Praxair Technologies Cng Tank Cng Cylinder Product Market Performance
10.10.4 Praxair Technologies Business Overview
10.10.5 Praxair Technologies Recent Developments
10.11 Cimc Enric
10.11.1 Cimc Enric Basic Information
10.11.2 Cimc Enric Cng Tank Cng Cylinder Product Overview
10.11.3 Cimc Enric Cng Tank Cng Cylinder Product Market Performance
10.11.4 Cimc Enric Business Overview
10.11.5 Cimc Enric Recent Developments
10.12 Lianzhong Composites
10.12.1 Lianzhong Composites Basic Information
10.12.2 Lianzhong Composites Cng Tank Cng Cylinder Product Overview
10.12.3 Lianzhong Composites Cng Tank Cng Cylinder Product Market Performance
10.12.4 Lianzhong Composites Business Overview
10.12.5 Lianzhong Composites Recent Developments
10.13 Avanco Group
10.13.1 Avanco Group Basic Information
10.13.2 Avanco Group Cng Tank Cng Cylinder Product Overview
10.13.3 Avanco Group Cng Tank Cng Cylinder Product Market Performance
10.13.4 Avanco Group Business Overview
10.13.5 Avanco Group Recent Developments
10.14 Ullit
10.14.1 Ullit Basic Information
10.14.2 Ullit Cng Tank Cng Cylinder Product Overview
10.14.3 Ullit Cng Tank Cng Cylinder Product Market Performance
10.14.4 Ullit Business Overview
10.14.5 Ullit Recent Developments
11 Cng Tank Cng Cylinder Market Forecast By Region
11.1 Global Cng Tank Cng Cylinder Market Size Forecast
11.2 Global Cng Tank Cng Cylinder Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Cng Tank Cng Cylinder Market Size Forecast By Country
11.2.3 Asia Pacific Cng Tank Cng Cylinder Market Size Forecast By Region
11.2.4 South America Cng Tank Cng Cylinder Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Cng Tank Cng Cylinder By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Cng Tank Cng Cylinder Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Cng Tank Cng Cylinder By Type (2026-2033)
12.1.2 Global Cng Tank Cng Cylinder Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Cng Tank Cng Cylinder By Type (2026-2033)
12.2 Global Cng Tank Cng Cylinder Market Forecast By Application (2026-2033)
12.2.1 Global Cng Tank Cng Cylinder Sales (K Units) Forecast By Application
12.2.2 Global Cng Tank Cng Cylinder Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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