Global Type IV CNG Cylinders Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Type IV CNG Cylinders market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.

Type IV CNG Cylinders offer the lightest weight per unit volume of any CNG cylinder. Weighing only 30% of the weight of steel cylinders, they improve vehicle range, payload, handling, and fuel efficiency.

Type 4 CNG Cylinders market driver as below:

Environmental Concerns: The increasing focus on reducing greenhouse gas emissions and air pollution is driving the adoption of cleaner alternative fuels like compressed natural gas (CNG) for transportation.

Natural Gas Availability: The abundance of natural gas as a domestic energy source in many regions makes CNG an attractive option for reducing dependence on imported oil.

Fuel Cost Savings: CNG is often more cost-effective compared to gasoline or diesel, leading to potential fuel cost savings for consumers and fleet operators.

Government Incentives: Governments in various countries offer incentives and subsidies for the adoption of CNG vehicles, contributing to market growth.

Transportation Industry Trends: The shift towards greener and more sustainable transportation solutions is driving the demand for CNG-powered vehicles, which in turn drives the need for Type 4 CNG cylinders.

Economic Considerations: Commercial fleet operators and transportation companies are exploring CNG vehicles to achieve operational cost savings over the long term.

Reduced Carbon Footprint: CNG emits fewer greenhouse gases and pollutants compared to conventional gasoline or diesel vehicles, aligning with sustainability goals.

Regulatory Mandates: In some regions, regulations mandate the use of cleaner fuels and emission reductions in transportation, boosting the adoption of CNG vehicles and cylinders.

Urban Air Quality: CNG vehicles contribute to improved air quality in urban areas due to their lower emissions, making them suitable for applications in densely populated regions.

Infrastructure Development: The establishment of CNG refueling infrastructure in urban centers and along highways encourages the adoption of CNG vehicles and cylinders.

Public Transit: Municipalities and transit agencies are adopting CNG-powered buses to offer more sustainable and environmentally friendly public transportation options.

Rising Oil Prices: Fluctuations in oil prices can drive interest in alternative fuels like CNG, which offer more stable and potentially lower fuel costs.

Technology Advancements: Advances in Type 4 CNG cylinder technology, including improvements in weight, capacity, and safety, make CNG vehicles more attractive.

Reduced Noise Pollution: CNG engines are generally quieter than diesel engines, contributing to reduced noise pollution in urban areas.

Global Energy Transition: The transition towards cleaner energy sources and sustainable mobility solutions is driving interest in CNG as part of a broader shift in the energy landscape.

Fleet Modernization: Commercial fleets are replacing older, less efficient vehicles with CNG-powered alternatives to improve fuel efficiency and reduce emissions.

This report is a detailed and comprehensive analysis for global Type IV CNG Cylinders market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Type IV CNG Cylinders market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Type IV CNG Cylinders market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Type IV CNG Cylinders market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Type IV CNG Cylinders market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Type IV CNG Cylinders

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Type IV CNG Cylinders market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Time Technoplast, SANTEKSANTEK, EKC, Hanwha Group, Hexagon, Quantum Fuel Systems, Worthington Industries, Luxfer, ECS COMPOSITE, Steelhead Composites, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Type IV CNG Cylinders market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
100L Below
100-500L
500-1000L
1000L Above

Market segment by Application
Commercial Vehicles
Passenger Cars

Major players covered
Time Technoplast
SANTEKSANTEK
EKC
Hanwha Group
Hexagon
Quantum Fuel Systems
Worthington Industries
Luxfer
ECS COMPOSITE
Steelhead Composites
Sotay
NPROXX
ILJIN Composites
CP Industries
Aburi Composites
Indoruss Synergy
SUPREME INDUSTRIES
Faurecia

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Type IV CNG Cylinders product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Type IV CNG Cylinders, with price, sales quantity, revenue, and global market share of Type IV CNG Cylinders from 2020 to 2025.

Chapter 3, the Type IV CNG Cylinders competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Type IV CNG Cylinders breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Type IV CNG Cylinders market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Type IV CNG Cylinders.

Chapter 14 and 15, to describe Type IV CNG Cylinders sales channel, distributors, customers, research findings and conclusion.