Market Overview
According to DIResearch＇s in-depth investigation and research, the global Composite CNG Tanks market size will reach Million USD in 2025 and is projected to reach Million USD by 2032, with a CAGR of % (2025-2032). Notably, the China Composite CNG Tanks 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
Composite CNG (Compressed Natural Gas) tanks are high-strength, lightweight containers designed to store and transport natural gas for use in vehicles. These tanks are constructed from composite materials, typically a combination of carbon fibers and epoxy resin, which provide excellent mechanical properties and corrosion resistance. The use of composites allows for significant weight reduction compared to traditional metal tanks, making them ideal for vehicles seeking improved fuel efficiency and reduced emissions. Composite CNG tanks offer a higher gas storage capacity while maintaining safety standards and compliance with regulatory requirements. They are widely used in the automotive industry and other transportation sectors to enable cleaner and more sustainable energy alternatives while enhancing the performance and range of CNG-powered vehicles.
The major global manufacturers of Composite CNG Tanks include Beijing Tianhai, Faber Industrie, Hexagon Composites, Luxfer Gas Cylinders, MCS International, Quantum Technologies, Xperion, 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 Composite CNG Tanks. 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 Composite CNG Tanks 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 Composite CNG Tanks 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 Composite CNG Tanks 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 Composite CNG Tanks Include:
Beijing Tianhai
Faber Industrie
Hexagon Composites
Luxfer Gas Cylinders
MCS International
Quantum Technologies
Xperion
Composite CNG Tanks Product Segment Include:
Glass Fiber Composites
Carbon Fiber Composites
Composite CNG Tanks Product Application Include:
Passenger Cars
Commercial Vehicles
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Composite CNG Tanks Industry PESTEL Analysis
Chapter 3: Global Composite CNG Tanks Industry Porter's Five Forces Analysis
Chapter 4: Global Composite CNG Tanks Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Composite CNG Tanks Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Composite CNG Tanks 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, Composite CNG Tanks Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
- 1 Composite CNG Tanks Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Composite CNG Tanks Product by Type
- 1.2.1 Glass Fiber Composites
- 1.2.2 Carbon Fiber Composites
- 1.3 Composite CNG Tanks Product by Application
- 1.3.1 Passenger Cars
- 1.3.2 Commercial Vehicles
- 1.4 Global Composite CNG Tanks Market Revenue and Sales Analysis
- 1.4.1 Global Composite CNG Tanks Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Composite CNG Tanks Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Composite CNG Tanks Market Sales Price Trend Analysis (2020-2032)
- 1.5 Composite CNG Tanks Market Development Status and Trends
- 1.5.1 Composite CNG Tanks Industry Development Status Analysis
- 1.5.2 Composite CNG Tanks Industry Development Trends Analysis
- 2 Composite CNG Tanks 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 Composite CNG Tanks 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 Composite CNG Tanks Market Analysis by Country
- 4.1 Global Composite CNG Tanks Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Composite CNG Tanks Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Composite CNG Tanks Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Composite CNG Tanks Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Composite CNG Tanks Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Composite CNG Tanks Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Composite CNG Tanks Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Composite CNG Tanks Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Composite CNG Tanks Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Composite CNG Tanks Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Composite CNG Tanks Average Sales Price by Manufacturers (2021-2025)
- 5.2 Composite CNG Tanks Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Composite CNG Tanks Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Composite CNG Tanks Market Analysis by Type
- 6.1 Global Composite CNG Tanks Market Revenue Analysis by Type
- 6.1.1 Global Composite CNG Tanks Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Composite CNG Tanks Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Composite CNG Tanks Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Composite CNG Tanks Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Beijing Tianhai
- 7.1.1 Beijing Tianhai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Beijing Tianhai Composite CNG Tanks Product Portfolio
- 7.1.3 Beijing Tianhai Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Faber Industrie
- 7.2.1 Faber Industrie Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Faber Industrie Composite CNG Tanks Product Portfolio
- 7.2.3 Faber Industrie Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Hexagon Composites
- 7.3.1 Hexagon Composites Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Hexagon Composites Composite CNG Tanks Product Portfolio
- 7.3.3 Hexagon Composites Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Luxfer Gas Cylinders
- 7.4.1 Luxfer Gas Cylinders Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Luxfer Gas Cylinders Composite CNG Tanks Product Portfolio
- 7.4.3 Luxfer Gas Cylinders Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 MCS International
- 7.5.1 MCS International Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 MCS International Composite CNG Tanks Product Portfolio
- 7.5.3 MCS International Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Quantum Technologies
- 7.6.1 Quantum Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Quantum Technologies Composite CNG Tanks Product Portfolio
- 7.6.3 Quantum Technologies Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Xperion
- 7.7.1 Xperion Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Xperion Composite CNG Tanks Product Portfolio
- 7.7.3 Xperion Composite CNG Tanks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Composite CNG Tanks Industry Chain Analysis
- 8.2 Composite CNG Tanks Industry Upstream Supply Analysis
- 8.2.1 Upstream Key Raw Material Supply Analysis
- 8.2.2 Raw Material Suppliers and Contact Information
- 8.3 Composite CNG Tanks Product Downstream Application Analysis
- 8.3.1 Global Composite CNG Tanks Revenue Market Size by Application: 2024 & 2025 & 2032
- 8.3.2 Global Composite CNG Tanks Revenue and Forecast Analysis by Application (2020-2032)
- 8.3.3 Global Composite CNG Tanks Sales and Forecast Analysis by Application (2020-2032)
- 8.4 Composite CNG Tanks Typical Downstream Customers
- 8.5 Composite CNG Tanks Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
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