Global Vehicle CNG Tank (CNG Cylinder) Market Growth 2025-2031
Description
The global Vehicle CNG Tank (CNG Cylinder) market size is predicted to grow from US$ 1235 million in 2025 to US$ 2029 million in 2031; it is expected to grow at a CAGR of 8.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Vehicle CNG Tank (CNG Cylinder) is a high-pressure container designed to store and deliver compressed natural gas (CNG) as fuel in vehicles. Typically made from high-strength steel, aluminum alloys, or advanced composite materials reinforced with carbon or glass fibers, it can withstand working pressures of 20–25 MPa. Installed in cars, buses, and trucks, it ensures the safe and efficient supply of CNG to the engine as a clean alternative to gasoline or diesel fuel.
Vehicle CNG Tanks(CNG Cylinder) are high-pressure vessels designed to store and transport natural gas for use in vehicles. They are a critical component of CNG vehicle safety and range.
CNG cylinders are classified into four main types:
Type I (All-steel): Durable and cost-effective, still widely used in taxis and public transport.
Type II (Steel liner with hoop-wound glass fiber): Lighter than Type I, with moderate cost advantages.
Type III (Aluminum liner fully wrapped with carbon or glass fiber): Significantly reduced weight and improved corrosion resistance, ideal for light-duty vehicles.
Type IV (Plastic liner fully wrapped with carbon fiber): The lightest and highest performance option, with premium pricing, suited for specialized fleets.
Globally, demand is concentrated in Asia-Pacific, Latin America, and parts of the Middle East, driven by fuel cost savings and emission-reduction policies. In China, CNG vehicles grew rapidly over the past decade in taxis and buses, but growth has moderated as LNG and electrification have expanded. Nonetheless, vehicle renewal cycles and tightening safety standards sustain replacement demand.
Lightweight composite cylinders (Type III/IV) are gaining share due to their benefits in range and payload capacity. Companies like Luxfer, Hexagon Composites, Worthington, and Faber lead the global market, while Chinese producers (China National Building Material, CIMC Enric, Tianhai Industry) dominate the steel and mid-tier composite segments. Type IV cylinders still rely heavily on imported carbon fiber, creating a cost and supply chain constraint.
In the future, stricter safety regulations, advances in composite material processing, and integration with hydrogen storage technologies will shape the competitive landscape. Demand for premium CNG cylinders in logistics and mid-sized buses will likely remain stable, even as other fuels grow.
LP Information, Inc. (LPI) ' newest research report, the “Vehicle CNG Tank (CNG Cylinder) Industry Forecast” looks at past sales and reviews total world Vehicle CNG Tank (CNG Cylinder) sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle CNG Tank (CNG Cylinder) sales for 2025 through 2031. With Vehicle CNG Tank (CNG Cylinder) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle CNG Tank (CNG Cylinder) industry.
This Insight Report provides a comprehensive analysis of the global Vehicle CNG Tank (CNG Cylinder) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle CNG Tank (CNG Cylinder) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle CNG Tank (CNG Cylinder) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle CNG Tank (CNG Cylinder) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle CNG Tank (CNG Cylinder).
This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle CNG Tank (CNG Cylinder) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Type 1 CNG Cylinder
Type 2 CNG Cylinder
Type 3 CNG Cylinder
Type 4 CNG Cylinder
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sinomatech
Everest Kanto Cylinders
Hexagon Agility
Worthington Industries
Luxfer Group
Hengyang Jinhua
Rama Cylinders
Beijing Tianhai Industry
CIMC ENRIC
Quantum Fuel Systems
Anhui Clean Energy
Faber Industrie
Zhejiang Jindun
Zhejiang Tianen
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vehicle CNG Tank (CNG Cylinder) market?
What factors are driving Vehicle CNG Tank (CNG Cylinder) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vehicle CNG Tank (CNG Cylinder) market opportunities vary by end market size?
How does Vehicle CNG Tank (CNG Cylinder) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Vehicle CNG Tank (CNG Cylinder) is a high-pressure container designed to store and deliver compressed natural gas (CNG) as fuel in vehicles. Typically made from high-strength steel, aluminum alloys, or advanced composite materials reinforced with carbon or glass fibers, it can withstand working pressures of 20–25 MPa. Installed in cars, buses, and trucks, it ensures the safe and efficient supply of CNG to the engine as a clean alternative to gasoline or diesel fuel.
Vehicle CNG Tanks(CNG Cylinder) are high-pressure vessels designed to store and transport natural gas for use in vehicles. They are a critical component of CNG vehicle safety and range.
CNG cylinders are classified into four main types:
Type I (All-steel): Durable and cost-effective, still widely used in taxis and public transport.
Type II (Steel liner with hoop-wound glass fiber): Lighter than Type I, with moderate cost advantages.
Type III (Aluminum liner fully wrapped with carbon or glass fiber): Significantly reduced weight and improved corrosion resistance, ideal for light-duty vehicles.
Type IV (Plastic liner fully wrapped with carbon fiber): The lightest and highest performance option, with premium pricing, suited for specialized fleets.
Globally, demand is concentrated in Asia-Pacific, Latin America, and parts of the Middle East, driven by fuel cost savings and emission-reduction policies. In China, CNG vehicles grew rapidly over the past decade in taxis and buses, but growth has moderated as LNG and electrification have expanded. Nonetheless, vehicle renewal cycles and tightening safety standards sustain replacement demand.
Lightweight composite cylinders (Type III/IV) are gaining share due to their benefits in range and payload capacity. Companies like Luxfer, Hexagon Composites, Worthington, and Faber lead the global market, while Chinese producers (China National Building Material, CIMC Enric, Tianhai Industry) dominate the steel and mid-tier composite segments. Type IV cylinders still rely heavily on imported carbon fiber, creating a cost and supply chain constraint.
In the future, stricter safety regulations, advances in composite material processing, and integration with hydrogen storage technologies will shape the competitive landscape. Demand for premium CNG cylinders in logistics and mid-sized buses will likely remain stable, even as other fuels grow.
LP Information, Inc. (LPI) ' newest research report, the “Vehicle CNG Tank (CNG Cylinder) Industry Forecast” looks at past sales and reviews total world Vehicle CNG Tank (CNG Cylinder) sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle CNG Tank (CNG Cylinder) sales for 2025 through 2031. With Vehicle CNG Tank (CNG Cylinder) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle CNG Tank (CNG Cylinder) industry.
This Insight Report provides a comprehensive analysis of the global Vehicle CNG Tank (CNG Cylinder) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle CNG Tank (CNG Cylinder) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle CNG Tank (CNG Cylinder) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle CNG Tank (CNG Cylinder) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle CNG Tank (CNG Cylinder).
This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle CNG Tank (CNG Cylinder) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Type 1 CNG Cylinder
Type 2 CNG Cylinder
Type 3 CNG Cylinder
Type 4 CNG Cylinder
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sinomatech
Everest Kanto Cylinders
Hexagon Agility
Worthington Industries
Luxfer Group
Hengyang Jinhua
Rama Cylinders
Beijing Tianhai Industry
CIMC ENRIC
Quantum Fuel Systems
Anhui Clean Energy
Faber Industrie
Zhejiang Jindun
Zhejiang Tianen
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vehicle CNG Tank (CNG Cylinder) market?
What factors are driving Vehicle CNG Tank (CNG Cylinder) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vehicle CNG Tank (CNG Cylinder) market opportunities vary by end market size?
How does Vehicle CNG Tank (CNG Cylinder) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
121 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Vehicle CNG Tank (CNG Cylinder) by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Vehicle CNG Tank (CNG Cylinder) by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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