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Global CNG TankCylinder Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 01, 2025
Length 151 Pages
SKU # BOSS20300921

Description

Report Overview

**Market Overview for CNG Tanks/Cylinders**

Compressed Natural Gas (CNG) tanks/cylinders are high-pressure storage vessels designed to safely contain natural gas at pressures typically ranging from 200 to 250 bar (2,900 to 3,600 psi). These tanks are constructed using lightweight, high-strength materials such as carbon fiber composites, fiberglass, or steel, ensuring durability while minimizing weight—a critical factor for automotive applications. CNG cylinders are widely used in vehicles (passenger cars, buses, trucks) as an alternative fuel solution, as well as in industrial and residential gas storage systems. Their adoption is driven by environmental regulations, cost efficiency compared to traditional fuels, and the growing push toward cleaner energy sources. The market is influenced by advancements in material technology, safety standards, and government incentives promoting natural gas as a transitional fuel in the shift toward decarbonization. Demand is particularly strong in regions with established CNG infrastructure, such as Asia-Pacific (India, China), Latin America (Argentina, Brazil), and parts of Europe, while growth in North America remains steady but slower due to higher reliance on electric vehicles and existing gasoline infrastructure.

The global CNG TankCylinder market size was estimated at USD 755.75 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.43% during the forecast period.

This report provides a deep insight into the global CNG TankCylinder 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 TankCylinder 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 TankCylinder market in any manner.

Global CNG TankCylinder 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)

Metal Material

Glass Fiber Composites Raw Materials

Carbon Fiber Composites Raw Materials

Other

Market Segmentation (by Application)

Passenger Vehicles

Commercial Vehicles

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 TankCylinder Market

Overview of the regional outlook of the CNG TankCylinder 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 TankCylinder 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 TankCylinder, 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 Tankcylinder
1.2 Key Market Segments
1.2.1 Cng Tankcylinder Segment By Type
1.2.2 Cng Tankcylinder 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 Tankcylinder Market Overview
2.1 Global Market Overview
2.1.1 Global Cng Tankcylinder Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Cng Tankcylinder Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Cng Tankcylinder Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Cng Tankcylinder Product Life Cycle
3.3 Global Cng Tankcylinder Sales By Manufacturers (2020-2025)
3.4 Global Cng Tankcylinder Revenue Market Share By Manufacturers (2020-2025)
3.5 Cng Tankcylinder Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Cng Tankcylinder Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Cng Tankcylinder Market Competitive Situation And Trends
3.8.1 Cng Tankcylinder Market Concentration Rate
3.8.2 Global 5 And 10 Largest Cng Tankcylinder Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Cng Tankcylinder Industry Chain Analysis
4.1 Cng Tankcylinder 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 Tankcylinder 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 Tankcylinder 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 Tankcylinder Market
5.7 Esg Ratings Of Leading Companies
6 Cng Tankcylinder Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Cng Tankcylinder Sales Market Share By Type (2020-2025)
6.3 Global Cng Tankcylinder Market Size Market Share By Type (2020-2025)
6.4 Global Cng Tankcylinder Price By Type (2020-2025)
7 Cng Tankcylinder Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Cng Tankcylinder Market Sales By Application (2020-2025)
7.3 Global Cng Tankcylinder Market Size (M Usd) By Application (2020-2025)
7.4 Global Cng Tankcylinder Sales Growth Rate By Application (2020-2025)
8 Cng Tankcylinder Market Sales By Region
8.1 Global Cng Tankcylinder Sales By Region
8.1.1 Global Cng Tankcylinder Sales By Region
8.1.2 Global Cng Tankcylinder Sales Market Share By Region
8.2 Global Cng Tankcylinder Market Size By Region
8.2.1 Global Cng Tankcylinder Market Size By Region
8.2.2 Global Cng Tankcylinder Market Size Market Share By Region
8.3 North America
8.3.1 North America Cng Tankcylinder Sales By Country
8.3.2 North America Cng Tankcylinder 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 Tankcylinder Sales By Country
8.4.2 Europe Cng Tankcylinder 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 Tankcylinder Sales By Region
8.5.2 Asia Pacific Cng Tankcylinder 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 Tankcylinder Sales By Country
8.6.2 South America Cng Tankcylinder 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 Tankcylinder Sales By Region
8.7.2 Middle East And Africa Cng Tankcylinder 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 Tankcylinder Market Production By Region
9.1 Global Production Of Cng Tankcylinder By Region(2020-2025)
9.2 Global Cng Tankcylinder Revenue Market Share By Region (2020-2025)
9.3 Global Cng Tankcylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Cng Tankcylinder Production
9.4.1 North America Cng Tankcylinder Production Growth Rate (2020-2025)
9.4.2 North America Cng Tankcylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Cng Tankcylinder Production
9.5.1 Europe Cng Tankcylinder Production Growth Rate (2020-2025)
9.5.2 Europe Cng Tankcylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Cng Tankcylinder Production (2020-2025)
9.6.1 Japan Cng Tankcylinder Production Growth Rate (2020-2025)
9.6.2 Japan Cng Tankcylinder Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Cng Tankcylinder Production (2020-2025)
9.7.1 China Cng Tankcylinder Production Growth Rate (2020-2025)
9.7.2 China Cng Tankcylinder 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 Tankcylinder Product Overview
10.1.3 Sinomatech Cng Tankcylinder 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 Tankcylinder Product Overview
10.2.3 Everest Kanto Cylinders Cng Tankcylinder 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 Tankcylinder Product Overview
10.3.3 Worthington Industries Cng Tankcylinder 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 Tankcylinder Product Overview
10.4.3 Luxfer Group Cng Tankcylinder 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 Tankcylinder Product Overview
10.5.3 Hexagon Composites Cng Tankcylinder 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 Tankcylinder Product Overview
10.6.3 Beijing Tianhai Industry Cng Tankcylinder 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 Tankcylinder Product Overview
10.7.3 Rama Cylinders Cng Tankcylinder 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 Tankcylinder Product Overview
10.8.3 Quantum Technologies Cng Tankcylinder 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 Tankcylinder Product Overview
10.9.3 Faber Industrie Cng Tankcylinder 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 Tankcylinder Product Overview
10.10.3 Praxair Technologies Cng Tankcylinder 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 Tankcylinder Product Overview
10.11.3 Cimc Enric Cng Tankcylinder 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 Tankcylinder Product Overview
10.12.3 Lianzhong Composites Cng Tankcylinder 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 Tankcylinder Product Overview
10.13.3 Avanco Group Cng Tankcylinder 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 Tankcylinder Product Overview
10.14.3 Ullit Cng Tankcylinder Product Market Performance
10.14.4 Ullit Business Overview
10.14.5 Ullit Recent Developments
11 Cng Tankcylinder Market Forecast By Region
11.1 Global Cng Tankcylinder Market Size Forecast
11.2 Global Cng Tankcylinder Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Cng Tankcylinder Market Size Forecast By Country
11.2.3 Asia Pacific Cng Tankcylinder Market Size Forecast By Region
11.2.4 South America Cng Tankcylinder Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Cng Tankcylinder By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Cng Tankcylinder Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Cng Tankcylinder By Type (2026-2033)
12.1.2 Global Cng Tankcylinder Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Cng Tankcylinder By Type (2026-2033)
12.2 Global Cng Tankcylinder Market Forecast By Application (2026-2033)
12.2.1 Global Cng Tankcylinder Sales (K Units) Forecast By Application
12.2.2 Global Cng Tankcylinder Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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