CNG Cylinders Market Recent Trends and Business Opportunities 2023 to 2030

The Global CNG Cylinders Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global CNG Cylinders Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

CNG Cylinders Market Size, Share & Trends Estimation Report By Material (Steel, Glass Fiber, Carbon Fiber, Aluminum),By Vehicle (Light Duty, Medium Duty, Heavy Duty), By Region, And Segment Forecasts, 2023 – 2030

 

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Top Leading Companies of Global CNG Cylinders Market are

  • Hexagon Agility
  • Worthington Industries
  • 3M
  • Luxfer Group
  • Cobham Limited
  • Quantum Fuel Systems Technologies
  • CNG United
  • REL Inc
  • Time Technoplast Ltd
  • Steelhead Composites

Market Segmentation:

By Material

Steel

Glass Fiber

Carbon Fiber

Aluminum

Others

By Vehicle

Light Duty

Medium Duty

Heavy Duty

Recent Market Developments:

  • On 30 April 2019, Faber Industries has achieved the 0.75kg/I weight for type-1 cylinder. This weight reduction has lead OEM to pursue trades between weight and robustness of tank.
  • On 29 March 2021, Hexagon Composites business company Hexagon Ability has bagged an order for CNG trucks from global logistics deliver company Ups. This order will lead to establishment of sustainable fleets in environmental and economic sense.

Global CNG Cylinders Market: Regional Analysis

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

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Years considered for this report:

Historical Years: 2017-2021

Base Year: 2022

Estimated Year: 2022

Forecast Period: 2023-2030

Important Sections from the Table of Contents:

  • Global CNG Cylinders Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global CNG Cylinders Market Forecast

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