Global CNG Tank Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global CNG Tank market size will reach 1,090.88 Million USD in 2025 and is projected to reach 1,469.68 Million USD by 2032, with a CAGR of 4.35% (2025-2032). Notably, the China CNG Tank market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A Compressed Natural Gas (CNG) tank is a high-pressure container designed to store natural gas in a compressed form. CNG tanks are commonly used in vehicles that run on natural gas as a fuel source. These tanks are made of high-strength materials, such as steel or composite materials, to withstand the high pressure required to store the gas at around 3,000 to 3,600 psi (pounds per square inch). CNG tanks come in different sizes and shapes, depending on the vehicle＇s requirements and available space. They are equipped with safety features, such as pressure relief devices, to ensure safe operation. CNG tanks are considered a safer and environmentally-friendly alternative to traditional gasoline and diesel fuels, as natural gas produces lower emissions and contributes to reducing greenhouse gas emissions.
The major global manufacturers of CNG Tank include Faber Industrie, Hexagon Composites ASA, Luxfer Gas Cylinder, Faber Industrie, Beijing Tianhai Industry, Worthington Cylinders GmbH, Quantum Fuel System Technologies, Everest Kanto Cylinder, Zhongyou Tongyong Luxi Natural Gas Equipment, CIMC Enric Holdings, FIBA Technologies, Sinoma Science & Technology(SuZhou), etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of CNG Tank. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global CNG Tank market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the CNG Tank market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of CNG Tank industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of CNG Tank Include:
Faber Industrie
Hexagon Composites ASA
Luxfer Gas Cylinder
Faber Industrie
Beijing Tianhai Industry
Worthington Cylinders GmbH
Quantum Fuel System Technologies
Everest Kanto Cylinder
Zhongyou Tongyong Luxi Natural Gas Equipment
CIMC Enric Holdings
FIBA Technologies
Sinoma Science & Technology(SuZhou)
CNG Tank Product Segment Include:
Glass Fiber Composite Material
Carbon Fiber Composite
Metal Material
CNG Tank Product Application Include:
Shipping
Land Transportation
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global CNG Tank Industry PESTEL Analysis
Chapter 3: Global CNG Tank Industry Porter's Five Forces Analysis
Chapter 4: Global CNG Tank Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global CNG Tank Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global CNG Tank Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, CNG Tank Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global CNG Tank market size will reach 1,090.88 Million USD in 2025 and is projected to reach 1,469.68 Million USD by 2032, with a CAGR of 4.35% (2025-2032). Notably, the China CNG Tank market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A Compressed Natural Gas (CNG) tank is a high-pressure container designed to store natural gas in a compressed form. CNG tanks are commonly used in vehicles that run on natural gas as a fuel source. These tanks are made of high-strength materials, such as steel or composite materials, to withstand the high pressure required to store the gas at around 3,000 to 3,600 psi (pounds per square inch). CNG tanks come in different sizes and shapes, depending on the vehicle＇s requirements and available space. They are equipped with safety features, such as pressure relief devices, to ensure safe operation. CNG tanks are considered a safer and environmentally-friendly alternative to traditional gasoline and diesel fuels, as natural gas produces lower emissions and contributes to reducing greenhouse gas emissions.
The major global manufacturers of CNG Tank include Faber Industrie, Hexagon Composites ASA, Luxfer Gas Cylinder, Faber Industrie, Beijing Tianhai Industry, Worthington Cylinders GmbH, Quantum Fuel System Technologies, Everest Kanto Cylinder, Zhongyou Tongyong Luxi Natural Gas Equipment, CIMC Enric Holdings, FIBA Technologies, Sinoma Science & Technology(SuZhou), etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of CNG Tank. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global CNG Tank market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the CNG Tank market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of CNG Tank industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of CNG Tank Include:
Faber Industrie
Hexagon Composites ASA
Luxfer Gas Cylinder
Faber Industrie
Beijing Tianhai Industry
Worthington Cylinders GmbH
Quantum Fuel System Technologies
Everest Kanto Cylinder
Zhongyou Tongyong Luxi Natural Gas Equipment
CIMC Enric Holdings
FIBA Technologies
Sinoma Science & Technology(SuZhou)
CNG Tank Product Segment Include:
Glass Fiber Composite Material
Carbon Fiber Composite
Metal Material
CNG Tank Product Application Include:
Shipping
Land Transportation
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global CNG Tank Industry PESTEL Analysis
Chapter 3: Global CNG Tank Industry Porter's Five Forces Analysis
Chapter 4: Global CNG Tank Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global CNG Tank Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global CNG Tank Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, CNG Tank Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 CNG Tank Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 CNG Tank Product by Type
- 1.2.1 Glass Fiber Composite Material
- 1.2.2 Carbon Fiber Composite
- 1.2.3 Metal Material
- 1.3 CNG Tank Product by Application
- 1.3.1 Shipping
- 1.3.2 Land Transportation
- 1.4 Global CNG Tank Market Revenue and Sales Analysis
- 1.4.1 Global CNG Tank Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global CNG Tank Sales Market Size Analysis (2020-2032)
- 1.4.3 Global CNG Tank Market Sales Price Trend Analysis (2020-2032)
- 1.5 CNG Tank Market Development Status and Trends
- 1.5.1 CNG Tank Industry Development Status Analysis
- 1.5.2 CNG Tank Industry Development Trends Analysis
- 2 CNG Tank Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 CNG Tank Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global CNG Tank Market Analysis by Country
- 4.1 Global CNG Tank Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global CNG Tank Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global CNG Tank Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global CNG Tank Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global CNG Tank Sales and Market Share by Country (2020-2025)
- 4.2.2 Global CNG Tank Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa CNG Tank Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global CNG Tank Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global CNG Tank Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global CNG Tank Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global CNG Tank Average Sales Price by Manufacturers (2021-2025)
- 5.2 CNG Tank Competitive Landscape Analysis and Market Dynamic
- 5.2.1 CNG Tank Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 CNG Tank Market Analysis by Type
- 6.1 Global CNG Tank Market Revenue Analysis by Type
- 6.1.1 Global CNG Tank Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global CNG Tank Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global CNG Tank Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global CNG Tank Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Faber Industrie
- 7.1.1 Faber Industrie Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Faber Industrie CNG Tank Product Portfolio
- 7.1.3 Faber Industrie CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Hexagon Composites ASA
- 7.2.1 Hexagon Composites ASA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Hexagon Composites ASA CNG Tank Product Portfolio
- 7.2.3 Hexagon Composites ASA CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Luxfer Gas Cylinder
- 7.3.1 Luxfer Gas Cylinder Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Luxfer Gas Cylinder CNG Tank Product Portfolio
- 7.3.3 Luxfer Gas Cylinder CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Faber Industrie
- 7.4.1 Faber Industrie Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Faber Industrie CNG Tank Product Portfolio
- 7.4.3 Faber Industrie CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Beijing Tianhai Industry
- 7.5.1 Beijing Tianhai Industry Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Beijing Tianhai Industry CNG Tank Product Portfolio
- 7.5.3 Beijing Tianhai Industry CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Worthington Cylinders GmbH
- 7.6.1 Worthington Cylinders GmbH Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Worthington Cylinders GmbH CNG Tank Product Portfolio
- 7.6.3 Worthington Cylinders GmbH CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Quantum Fuel System Technologies
- 7.7.1 Quantum Fuel System Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Quantum Fuel System Technologies CNG Tank Product Portfolio
- 7.7.3 Quantum Fuel System Technologies CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Everest Kanto Cylinder
- 7.8.1 Everest Kanto Cylinder Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Everest Kanto Cylinder CNG Tank Product Portfolio
- 7.8.3 Everest Kanto Cylinder CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Zhongyou Tongyong Luxi Natural Gas Equipment
- 7.9.1 Zhongyou Tongyong Luxi Natural Gas Equipment Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Zhongyou Tongyong Luxi Natural Gas Equipment CNG Tank Product Portfolio
- 7.9.3 Zhongyou Tongyong Luxi Natural Gas Equipment CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 CIMC Enric Holdings
- 7.10.1 CIMC Enric Holdings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 CIMC Enric Holdings CNG Tank Product Portfolio
- 7.10.3 CIMC Enric Holdings CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 FIBA Technologies
- 7.11.1 FIBA Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 FIBA Technologies CNG Tank Product Portfolio
- 7.11.3 FIBA Technologies CNG Tank Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7
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