Report Detail
Global Compressed Natural Gas (CNG) Cylinders Market Insights, Forecast to 2025
- RnM2938307 |
- 07 March, 2019 |
- Global |
- 111 Pages |
- QYResearch |
- Machinery & Equipment
Compressed Natural Gas (CNG) Cylinders is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure vessels.
Compressed Natural Gas (CNG) Cylinders is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure vessels.
The Compressed Natural Gas (CNG) Cylinders industry is not highly concentrated, there are more than one hundred manufacturers in the world, and high-end products mainly come from North America and Western Europe. Limited refueling infrastructures, and higher prices of composite cylinders, are some of the factors that hinder the growth of the CNG tanks/cylinders. Rising price of raw materials such as metals, glass fiber, carbon fiber, and other components used in manufacturing of CNG tanks/cylinders are the few challenges inhibiting the growth of the CNG tanks/cylinders market.
The growth in CNG cylinder market for storage and transportation of CNG would be dependent on government plans and initiatives to switch over to alternative fuel. However, with natural gas being progressively made available in most parts of the country and the rising cost of fuels (except for the fall in prices witnessed since the second half of the year), it is expected that the Government policies would be progressive favoring CNG as a fuel. The recent judicial activism at the highest level resulting which the Government has been mandated to have uniform natural gas prices across worldwide is a beneficial development, which will improve the availability of CNG at reasonable cost across India, which will induce consumers to switch over to CNG vehicles. This would lead to an accelerated growth in the CNG cylinder industry. Policy decision by the government to de-regulate diesel prices will turn some of the demand to CNG. The expected increase in supply of domestic gas due to the gas price hike will add impetus to the demand in the long run.
The Compressed Natural Gas (CNG) Cylinders market was valued at 730 Million US$ in 2018 and is projected to reach 1210 Million US$ by 2025, at a CAGR of 6.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Compressed Natural Gas (CNG) Cylinders.
This report presents the worldwide Compressed Natural Gas (CNG) Cylinders market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Sinomatech
Everest Kanto Cylinders
Worthington Industries
Luxfer Group
Hexagon Composites
Beijing Tianhai Industry
Rama Cylinders
Quantum Technologies
Faber Industrie
CIMC ENRIC
Avanco Group
Compressed Natural Gas (CNG) Cylinders Breakdown Data by Type
Type 1
Type 2
Type 3
Type 4
Others
Compressed Natural Gas (CNG) Cylinders Breakdown Data by Application
Passenger Vehicles
Commercial Vehicles
Compressed Natural Gas (CNG) Cylinders Production by Region
United States
Europe
China
Japan
Other Regions
Compressed Natural Gas (CNG) Cylinders Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Compressed Natural Gas (CNG) Cylinders status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Compressed Natural Gas (CNG) Cylinders manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Compressed Natural Gas (CNG) Cylinders :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Compressed Natural Gas (CNG) Cylinders market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 Compressed Natural Gas (CNG) Cylinders Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Compressed Natural Gas (CNG) Cylinders Market Size Growth Rate by Type
- 1.4.2 Type 1
- 1.4.3 Type 2
- 1.4.4 Type 3
- 1.4.5 Type 4
- 1.4.6 Others
- 1.5 Market by Application
- 1.5.1 Global Compressed Natural Gas (CNG) Cylinders Market Size Growth Rate by Application
- 1.5.2 Passenger Vehicles
- 1.5.3 Commercial Vehicles
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Compressed Natural Gas (CNG) Cylinders Market Size
- 2.1.1 Global Compressed Natural Gas (CNG) Cylinders Revenue 2014-2025
- 2.1.2 Global Compressed Natural Gas (CNG) Cylinders Production 2014-2025
- 2.2 Compressed Natural Gas (CNG) Cylinders Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Compressed Natural Gas (CNG) Cylinders Manufacturers
- 2.3.2.1 Compressed Natural Gas (CNG) Cylinders Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Compressed Natural Gas (CNG) Cylinders Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Compressed Natural Gas (CNG) Cylinders Market
- 2.4 Key Trends for Compressed Natural Gas (CNG) Cylinders Markets & Products
3 Market Size by Manufacturers
- 3.1 Compressed Natural Gas (CNG) Cylinders Production by Manufacturers
- 3.1.1 Compressed Natural Gas (CNG) Cylinders Production by Manufacturers
- 3.1.2 Compressed Natural Gas (CNG) Cylinders Production Market Share by Manufacturers
- 3.2 Compressed Natural Gas (CNG) Cylinders Revenue by Manufacturers
- 3.2.1 Compressed Natural Gas (CNG) Cylinders Revenue by Manufacturers (2014-2019)
- 3.2.2 Compressed Natural Gas (CNG) Cylinders Revenue Share by Manufacturers (2014-2019)
- 3.3 Compressed Natural Gas (CNG) Cylinders Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Compressed Natural Gas (CNG) Cylinders Production by Regions
- 4.1 Global Compressed Natural Gas (CNG) Cylinders Production by Regions
- 4.1.1 Global Compressed Natural Gas (CNG) Cylinders Production Market Share by Regions
- 4.1.2 Global Compressed Natural Gas (CNG) Cylinders Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Compressed Natural Gas (CNG) Cylinders Production
- 4.2.2 United States Compressed Natural Gas (CNG) Cylinders Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Compressed Natural Gas (CNG) Cylinders Import & Export
- 4.3 Europe
- 4.3.1 Europe Compressed Natural Gas (CNG) Cylinders Production
- 4.3.2 Europe Compressed Natural Gas (CNG) Cylinders Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Compressed Natural Gas (CNG) Cylinders Import & Export
- 4.4 China
- 4.4.1 China Compressed Natural Gas (CNG) Cylinders Production
- 4.4.2 China Compressed Natural Gas (CNG) Cylinders Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Compressed Natural Gas (CNG) Cylinders Import & Export
- 4.5 Japan
- 4.5.1 Japan Compressed Natural Gas (CNG) Cylinders Production
- 4.5.2 Japan Compressed Natural Gas (CNG) Cylinders Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Compressed Natural Gas (CNG) Cylinders Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Compressed Natural Gas (CNG) Cylinders Consumption by Regions
- 5.1 Global Compressed Natural Gas (CNG) Cylinders Consumption by Regions
- 5.1.1 Global Compressed Natural Gas (CNG) Cylinders Consumption by Regions
- 5.1.2 Global Compressed Natural Gas (CNG) Cylinders Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Compressed Natural Gas (CNG) Cylinders Consumption by Application
- 5.2.2 North America Compressed Natural Gas (CNG) Cylinders Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Compressed Natural Gas (CNG) Cylinders Consumption by Application
- 5.3.2 Europe Compressed Natural Gas (CNG) Cylinders Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Compressed Natural Gas (CNG) Cylinders Consumption by Application
- 5.4.2 Asia Pacific Compressed Natural Gas (CNG) Cylinders Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Compressed Natural Gas (CNG) Cylinders Consumption by Application
- 5.5.2 Central & South America Compressed Natural Gas (CNG) Cylinders Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Consumption by Application
- 5.6.2 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global Compressed Natural Gas (CNG) Cylinders Production by Type
- 6.2 Global Compressed Natural Gas (CNG) Cylinders Revenue by Type
- 6.3 Compressed Natural Gas (CNG) Cylinders Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Compressed Natural Gas (CNG) Cylinders Breakdown Dada by Application
- 7.2.1 Global Compressed Natural Gas (CNG) Cylinders Consumption by Application
- 7.2.2 Global Compressed Natural Gas (CNG) Cylinders Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Sinomatech
- 8.1.1 Sinomatech Company Details
- 8.1.2 Company Overview
- 8.1.3 Sinomatech Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Sinomatech Compressed Natural Gas (CNG) Cylinders Product Description
- 8.1.5 Sinomatech Recent Development
- 8.2 Everest Kanto Cylinders
- 8.2.1 Everest Kanto Cylinders Company Details
- 8.2.2 Company Overview
- 8.2.3 Everest Kanto Cylinders Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Everest Kanto Cylinders Compressed Natural Gas (CNG) Cylinders Product Description
- 8.2.5 Everest Kanto Cylinders Recent Development
- 8.3 Worthington Industries
- 8.3.1 Worthington Industries Company Details
- 8.3.2 Company Overview
- 8.3.3 Worthington Industries Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Worthington Industries Compressed Natural Gas (CNG) Cylinders Product Description
- 8.3.5 Worthington Industries Recent Development
- 8.4 Luxfer Group
- 8.4.1 Luxfer Group Company Details
- 8.4.2 Company Overview
- 8.4.3 Luxfer Group Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Luxfer Group Compressed Natural Gas (CNG) Cylinders Product Description
- 8.4.5 Luxfer Group Recent Development
- 8.5 Hexagon Composites
- 8.5.1 Hexagon Composites Company Details
- 8.5.2 Company Overview
- 8.5.3 Hexagon Composites Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Hexagon Composites Compressed Natural Gas (CNG) Cylinders Product Description
- 8.5.5 Hexagon Composites Recent Development
- 8.6 Beijing Tianhai Industry
- 8.6.1 Beijing Tianhai Industry Company Details
- 8.6.2 Company Overview
- 8.6.3 Beijing Tianhai Industry Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.6.4 Beijing Tianhai Industry Compressed Natural Gas (CNG) Cylinders Product Description
- 8.6.5 Beijing Tianhai Industry Recent Development
- 8.7 Rama Cylinders
- 8.7.1 Rama Cylinders Company Details
- 8.7.2 Company Overview
- 8.7.3 Rama Cylinders Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Rama Cylinders Compressed Natural Gas (CNG) Cylinders Product Description
- 8.7.5 Rama Cylinders Recent Development
- 8.8 Quantum Technologies
- 8.8.1 Quantum Technologies Company Details
- 8.8.2 Company Overview
- 8.8.3 Quantum Technologies Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.8.4 Quantum Technologies Compressed Natural Gas (CNG) Cylinders Product Description
- 8.8.5 Quantum Technologies Recent Development
- 8.9 Faber Industrie
- 8.9.1 Faber Industrie Company Details
- 8.9.2 Company Overview
- 8.9.3 Faber Industrie Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.9.4 Faber Industrie Compressed Natural Gas (CNG) Cylinders Product Description
- 8.9.5 Faber Industrie Recent Development
- 8.10 CIMC ENRIC
- 8.10.1 CIMC ENRIC Company Details
- 8.10.2 Company Overview
- 8.10.3 CIMC ENRIC Compressed Natural Gas (CNG) Cylinders Production Revenue and Gross Margin (2014-2019)
- 8.10.4 CIMC ENRIC Compressed Natural Gas (CNG) Cylinders Product Description
- 8.10.5 CIMC ENRIC Recent Development
- 8.11 Avanco Group
9 Production Forecasts
- 9.1 Compressed Natural Gas (CNG) Cylinders Production and Revenue Forecast
- 9.1.1 Global Compressed Natural Gas (CNG) Cylinders Production Forecast 2019-2025
- 9.1.2 Global Compressed Natural Gas (CNG) Cylinders Revenue Forecast 2019-2025
- 9.2 Compressed Natural Gas (CNG) Cylinders Production and Revenue Forecast by Regions
- 9.2.1 Global Compressed Natural Gas (CNG) Cylinders Revenue Forecast by Regions
- 9.2.2 Global Compressed Natural Gas (CNG) Cylinders Production Forecast by Regions
- 9.3 Compressed Natural Gas (CNG) Cylinders Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global Compressed Natural Gas (CNG) Cylinders Production Forecast by Type
- 9.4.2 Global Compressed Natural Gas (CNG) Cylinders Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Application
- 10.2 Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Compressed Natural Gas (CNG) Cylinders Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Compressed Natural Gas (CNG) Cylinders Sales Channels
- 11.2.2 Compressed Natural Gas (CNG) Cylinders Distributors
- 11.3 Compressed Natural Gas (CNG) Cylinders Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global Compressed Natural Gas (CNG) Cylinders Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Summary:
Get latest Market Research Reports on Compressed Natural Gas (CNG) Cylinders . Industry analysis & Market Report on Compressed Natural Gas (CNG) Cylinders is a syndicated market report, published as Global Compressed Natural Gas (CNG) Cylinders Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Compressed Natural Gas (CNG) Cylinders market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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