Global CNG Tank & Cylinder for Car and Transportation Market Growth 2024-2030

Global CNG Tank & Cylinder for Car and Transportation Market Growth 2024-2030

CNG Tank/Cylinder is made using the cylinder shape with a semi-spherical shape covering each end.

The global CNG Tank & Cylinder for Car and Transportation market size is projected to grow from US$ 1739 million in 2024 to US$ 2484 million in 2030; it is expected to grow at a CAGR of 6.1% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “CNG Tank & Cylinder for Car and Transportation Industry Forecast” looks at past sales and reviews total world CNG Tank & Cylinder for Car and Transportation sales in 2023, providing a comprehensive analysis by region and market sector of projected CNG Tank & Cylinder for Car and Transportation sales for 2024 through 2030. With CNG Tank & Cylinder for Car and Transportation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CNG Tank & Cylinder for Car and Transportation industry.

This Insight Report provides a comprehensive analysis of the global CNG Tank & Cylinder for Car and Transportation 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 CNG Tank & Cylinder for Car and Transportation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CNG Tank & Cylinder for Car and Transportation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CNG Tank & Cylinder for Car and Transportation 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 CNG Tank & Cylinder for Car and Transportation.

United States market for CNG Tank & Cylinder for Car and Transportation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for CNG Tank & Cylinder for Car and Transportation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for CNG Tank & Cylinder for Car and Transportation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key CNG Tank & Cylinder for Car and Transportation players cover Worthington Industries, Sinomatech, Hexagon Composites, Everest Kanto Cylinders, Luxfer Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of CNG Tank & Cylinder for Car and Transportation market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
All Steel CNG Tank
Hoop Wrapped Composite CNG Tank
Fully Wrapped Composite CNG Tank
Others

Segmentation by Application:
Passenger Vehicles
Commercial Vehicles
Others

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.
Worthington Industries
Sinomatech
Hexagon Composites
Everest Kanto Cylinders
Luxfer Group
Rama Cylinders
Quantum Technologies
Faber Industrie
Avanco Group
Ullit
Sinomatech
Beijing Tianhai
CIMC ENRIC
Zhongyou Luxi

Key Questions Addressed in this Report

What is the 10-year outlook for the global CNG Tank & Cylinder for Car and Transportation market?

What factors are driving CNG Tank & Cylinder for Car and Transportation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CNG Tank & Cylinder for Car and Transportation market opportunities vary by end market size?

How does CNG Tank & Cylinder for Car and Transportation break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.