CNG Cylinders Market By Type (Type 1, Type 2, Type 3, Type 4); By Material (Metal, Glass Fiber, Carbon Fiber); By Application (Light Passenger Vehicles, Medium Duty/Heavy Duty (MD/HD) Buses, Medium Duty/Heavy Duty (MD/HD) Trucks) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
The CNG Cylinders Market size was valued at USD 1,446.0 million in 2018 to USD 2,353.5 million in 2024 and is anticipated to reach USD 4,435.1 million by 2032, at a CAGR of 8.26% during the forecast period.
Several key factors are propelling the growth of the CNG cylinders market. Environmental concerns and stringent emission regulations are prompting governments and industries to seek cleaner fuel alternatives, with CNG emerging as a viable solution due to its lower carbon footprint compared to traditional fuels like gasoline and diesel. Additionally, the economic advantages of CNG, including lower fuel costs and reduced vehicle maintenance expenses, are encouraging fleet operators and individual consumers to transition to CNG-powered vehicles. Technological advancements in cylinder manufacturing, such as the development of lightweight composite materials, are enhancing the safety, efficiency, and storage capacity of CNG cylinders, further driving market adoption. Moreover, supportive government policies and incentives aimed at promoting clean energy solutions are accelerating the deployment of CNG infrastructure and vehicles.
The Asia-Pacific region is poised to dominate the global CNG cylinders market, with countries like India and China leading the charge. In India, the adoption of CNG vehicles has surged, with the market share of CNG vehicles more than tripling over the past five years, driven by high fuel prices and an expanding range of CNG-compatible vehicle models. Similarly, China’s emphasis on reducing air pollution and carbon emissions has spurred the demand for CNG-powered vehicles, thereby boosting the CNG cylinder market. North America and Europe are also significant markets, propelled by stringent emission standards and a growing shift towards sustainable transportation solutions. In the United States, for instance, municipal transit systems and freight fleets are increasingly adopting CNG to reduce operating emissions and fuel expenditures. Collectively, these regional dynamics are contributing to the global expansion of the CNG cylinders market.
Market Insights:
The CNG Cylinders Market is expected to grow from USD 1,446.0 million in 2018 to USD 4,435.1 million by 2032, driven by increasing demand for cleaner and more sustainable fuel alternatives.
Growing environmental concerns and stringent emission regulations are propelling the shift towards CNG-powered vehicles, reducing harmful emissions like nitrogen oxides (NOx) and particulate matter.
Cost efficiency remains a major driver, as CNG offers lower fuel costs and reduced maintenance expenses for fleet operators and individual consumers.
Technological advancements, such as the development of lightweight composite materials like carbon fiber and fiberglass, are improving the safety, efficiency, and storage capacity of CNG cylinders.
Government initiatives, including subsidies and tax breaks, are accelerating the deployment of CNG infrastructure, including refueling stations, further driving the adoption of CNG cylinders.
High initial infrastructure costs, including the setup of CNG refueling stations, pose a significant challenge to the widespread adoption of CNG vehicles in certain regions.
Safety concerns around high-pressure storage and regulatory compliance with international standards continue to pose challenges for CNG cylinder manufacturers, affecting market growth in some areas.
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Growing Demand for Cleaner and Sustainable Fuel Alternatives
The increasing global emphasis on reducing carbon emissions and combating climate change is driving the demand for cleaner fuel alternatives, with compressed natural gas (CNG) being a key solution. Governments worldwide are implementing stringent emission standards for vehicles, which is encouraging industries to adopt CNG-powered vehicles. These vehicles offer a significant reduction in harmful emissions, such as nitrogen oxides (NOx) and particulate matter, compared to traditional fuels like gasoline and diesel. This demand for cleaner fuel is expected to drive the CNG Cylinders Market, as CNG cylinders play a crucial role in ensuring efficient storage and distribution of natural gas for automotive and industrial applications. The ongoing efforts to achieve sustainable energy solutions further contribute to the rapid adoption of CNG.
Cost Efficiency and Economic Benefits
CNG is recognized for its cost efficiency compared to conventional fuels, making it an attractive option for fleet operators and consumers. The lower cost of natural gas is a major advantage, particularly in regions where fuel prices are high. For commercial fleets, this translates into significant savings on fuel expenses, further boosting the demand for CNG-powered vehicles and, consequently, CNG cylinders. The economic benefits extend to reduced vehicle maintenance costs, as CNG engines tend to experience less wear and tear than traditional gasoline and diesel engines. This combination of cost savings and operational efficiency makes CNG a compelling option for both individual and fleet operators, driving growth in the CNG Cylinders Market.
Technological Advancements in Cylinder Manufacturing
Advancements in CNG cylinder technology are significantly contributing to the market’s growth. Manufacturers are increasingly utilizing lightweight composite materials, such as carbon fiber and fiberglass, to improve the safety and efficiency of CNG cylinders. These innovations make CNG cylinders lighter, stronger, and more durable, which enhances vehicle performance and safety. The improved storage capacity of modern CNG cylinders allows for longer driving ranges, addressing one of the major concerns associated with CNG-powered vehicles. The focus on reducing cylinder weight while maintaining strength is propelling the growth of the CNG Cylinders Market, making the technology more attractive for a wider range of applications, from personal vehicles to public transportation.
For instance, 3B-the fiberglass company’s HiPer-tex H2020 roving enables cylinders that are 25% stronger than standard glass and up to 50% lighter than steel cylinders.
Government Initiatives and Regulatory Support
Government policies and incentives aimed at promoting clean energy solutions are playing a key role in boosting the CNG Cylinders Market. Many countries are introducing subsidies and tax breaks for consumers and businesses that adopt CNG-powered vehicles. This support is encouraging the expansion of CNG infrastructure, including refueling stations, which further drives the adoption of CNG cylinders. Regulatory frameworks that promote the use of CNG as a cleaner alternative to traditional fuels are helping accelerate market growth. With governments providing financial and regulatory backing for CNG adoption, the CNG Cylinders Market continues to benefit from these supportive measures, driving both consumer and commercial adoption.
For example, the Nigerian government plans to increase CNG vehicle conversions by 733% to 250,000 by June 2025 and targets 1 million conversions by 2027, supported by over N83.5 billion ($180 million) in budget allocations for CNG vehicle acquisition, conversion, and infrastructure development.
Market Trends:
Rising Adoption of CNG in Public Transport
The increasing integration of CNG into public transportation systems is one of the most prominent trends in the CNG Cylinders Market. Municipalities and cities around the world are adopting CNG-powered buses and taxis to reduce air pollution and provide an affordable, sustainable mode of transportation. This shift is particularly significant in urban areas, where emissions from diesel-powered vehicles contribute to poor air quality. CNG-powered public transport is seen as a viable solution to meet both environmental goals and budget constraints. The widespread adoption of CNG in public transportation is boosting the demand for CNG cylinders, which are critical for storing and distributing compressed natural gas efficiently.
For instance, in the United States. In 2023, over $233.76 million was awarded specifically for CNG bus transit projects, with an additional $44.37 million allocated to agencies investing in CNG buses and supporting infrastructure.
Expansion of CNG Infrastructure Worldwide
The global expansion of CNG refueling infrastructure is another key trend driving growth in the CNG Cylinders Market. Many regions are witnessing a surge in the establishment of CNG refueling stations to support the increasing number of CNG vehicles on the road. The expansion of infrastructure is essential to make CNG a more viable alternative fuel, especially for long-haul trucks and commercial vehicles that require reliable refueling options. With governments and private sectors investing in the creation of refueling stations, the accessibility of CNG is improving, further supporting market growth. The trend of expanding infrastructure is expected to continue as more countries work towards cleaner transportation and energy systems.
Clean Energy Fuels, for example, has expanded its U.S. network with new RNG stations, while CNOOC in China has introduced mobile LNG refueling units and partnered with Sinopec to build LNG stations along major highways.
Emergence of CNG as an Alternative for Industrial Applications
CNG is gaining traction not only in the automotive sector but also in various industrial applications. Industries such as manufacturing, power generation, and chemical processing are increasingly turning to CNG as a cleaner alternative to other fossil fuels. CNG offers significant cost savings and operational efficiency benefits for industrial applications that rely on high-energy fuel sources. The use of CNG in these sectors is driving the demand for larger capacity CNG cylinders, which are required to store and supply natural gas for industrial operations. The expanding use of CNG in industrial applications is a key trend fueling the growth of the CNG Cylinders Market.
Technological Advancements in CNG Cylinder Safety and Efficiency
Technological advancements in CNG cylinder safety and efficiency are contributing to market growth by making CNG-powered vehicles and equipment more appealing to consumers and industries. Innovations in cylinder materials, such as the use of advanced composites, have improved the strength-to-weight ratio of CNG cylinders, enhancing both safety and fuel storage capacity. Manufacturers are also developing cylinders that meet international safety standards, ensuring reliable operation under high pressure. These improvements in CNG cylinder design and performance are addressing previous concerns around safety and storage capacity, making CNG an increasingly attractive option for both individual consumers and businesses. These trends are expected to continue as manufacturers focus on increasing the efficiency and durability of CNG cylinders.
Market Challenges Analysis:
High Initial Investment and Infrastructure Costs
One of the primary challenges facing the CNG Cylinders Market is the high initial investment required for the infrastructure. Establishing CNG refueling stations involves significant capital expenditure for equipment and construction. This high upfront cost can deter businesses and governments from adopting CNG at a large scale, especially in regions where infrastructure development is still in its nascent stages. The need for consistent supply chains and storage facilities for compressed natural gas further adds to the complexity and expense of infrastructure development. Although the operational cost of CNG is lower, the substantial initial investment creates barriers for the widespread adoption of CNG vehicles and refueling networks, hindering market growth in certain regions.
Safety Concerns and Regulatory Compliance
Safety concerns and the need for strict regulatory compliance also pose challenges to the growth of the CNG Cylinders Market. While technological advancements have significantly improved the safety of CNG cylinders, issues related to high-pressure storage and potential gas leaks continue to raise concerns, particularly in regions with less stringent safety regulations. Adhering to international safety standards adds further costs to manufacturing and operational processes, which can be a deterrent for some market players. The complexity of regulatory compliance, coupled with the need for frequent inspections and certifications, can slow down the adoption of CNG solutions. These challenges may hinder the growth of the market, particularly in regions where regulatory frameworks are not yet fully developed.
Market Opportunities:
Growing Focus on Environmental Sustainability
The increasing global emphasis on environmental sustainability presents significant opportunities for the CNG Cylinders Market. As governments and industries strive to reduce greenhouse gas emissions, CNG offers a cleaner alternative to traditional fuels like gasoline and diesel. This shift towards greener energy solutions opens up new avenues for CNG adoption, particularly in the transportation and industrial sectors. With heightened awareness of air pollution and the need for sustainable practices, CNG’s role as a low-emission fuel is becoming more prominent. The expansion of clean energy initiatives worldwide provides a favorable environment for growth in the CNG Cylinders Market.
Expansion of CNG in Emerging Markets
Emerging markets, particularly in Asia-Pacific, represent a promising growth opportunity for the CNG Cylinders Market. Rapid urbanization, rising fuel prices, and increasing environmental concerns are driving the adoption of CNG-powered vehicles in these regions. As governments invest in CNG infrastructure, including refueling stations and storage systems, the market for CNG cylinders is expected to expand significantly. The growing demand for public transportation and commercial vehicles powered by CNG in these regions further creates opportunities for market players. The CNG Cylinders Market stands to benefit from the increasing shift toward cleaner energy in emerging economies.
Market Segmentation Analysis:
The CNG Cylinders Market is segmented by type, material, and application, each contributing to the market’s growth and development.
By Type: The market is categorized into four types: Type 1, Type 2, Type 3, and Type 4. Type 1 cylinders are made of steel and are widely used due to their durability. Type 2 and Type 3 cylinders use composite materials such as fiberglass and carbon fiber, offering advantages like reduced weight and higher pressure resistance. Type 4 cylinders are fully composite, offering the lightest weight and highest efficiency, making them ideal for high-performance applications.
For instance, Hexagon Agility and other leading manufacturers routinely state that Type 4 (full composite) CNG cylinders are up to 70% lighter than steel alternatives and offer higher volumetric efficiency.
By Material: The materials used in manufacturing CNG cylinders include metal, glass fiber, and carbon fiber. Metal cylinders, typically made of steel, are cost-effective but heavier. Glass fiber and carbon fiber materials are increasingly preferred for their lighter weight and greater strength, contributing to better fuel efficiency and higher safety standards in automotive applications.
By Application: The market serves a variety of applications. Light passenger vehicles use CNG cylinders for environmentally friendly fuel options. Medium and heavy-duty buses and trucks benefit from CNG cylinders to reduce operational costs and comply with emission regulations. The growing adoption of CNG-powered buses and trucks, particularly in public transport and freight sectors, is a key factor driving the market’s expansion.
For instance, Maruti Suzuki India Ltd. offers factory-fitted CNG options in its passenger vehicles, utilizing both Type 1 (steel) and Type 2 (partially wrapped) cylinders.
Segmentation:
By Type:
Type 1
Type 2
Type 3
Type 4
By Material:
Metal
Glass Fiber
Carbon Fiber
By Application:
Light Passenger Vehicles
Medium Duty/Heavy Duty (MD/HD) Buses
Medium Duty/Heavy Duty (MD/HD) Trucks
By Region:
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Regional Analysis:
North America CNG Cylinders Market
The North America CNG Cylinders Market size was valued at USD 294.12 million in 2018, reaching USD 464.08 million in 2024 and is anticipated to reach USD 837.79 million by 2032, at a CAGR of 7.7% during the forecast period. The region holds a significant share of the global CNG Cylinders Market, driven by the growing adoption of compressed natural gas (CNG) vehicles and robust governmental policies supporting cleaner transportation. The United States leads the market, with major investments in CNG refueling infrastructure, particularly for commercial and public transportation systems. The push towards environmental sustainability, along with favorable regulations and tax incentives for CNG adoption, is accelerating growth in the region. The increasing demand for fuel-efficient and eco-friendly solutions also drives the market, particularly in the transport and industrial sectors.
Europe CNG Cylinders Market
The Europe CNG Cylinders Market size was valued at USD 358.33 million in 2018, reaching USD 556.17 million in 2024 and is anticipated to reach USD 980.16 million by 2032, at a CAGR of 7.4% during the forecast period. Europe is one of the key regions in the global CNG cylinders market, driven by stringent emission regulations and a shift toward greener energy solutions. Countries like Germany, Italy, and the UK are adopting CNG vehicles in public transport and commercial fleets to reduce carbon emissions. European governments are investing heavily in CNG infrastructure, which further supports the growth of CNG cylinders. As the region continues to prioritize environmental sustainability, CNG adoption is expected to rise across various sectors, including transportation, industrial, and residential.
Asia Pacific CNG Cylinders Market
The Asia Pacific CNG Cylinders Market size was valued at USD 502.93 million in 2018, reaching USD 851.03 million in 2024 and is anticipated to reach USD 1,685.35 million by 2032, at a CAGR of 8.9% during the forecast period. The region holds the largest share of the global market, with countries like China, India, and Japan driving significant demand for CNG cylinders. Rapid urbanization, high fuel prices, and government incentives promoting CNG adoption for transportation and industrial applications are key factors propelling market growth. The growing emphasis on reducing air pollution and carbon emissions is fueling the demand for CNG-powered vehicles and supporting infrastructure. The expanding CNG infrastructure across Asia-Pacific further strengthens the region’s market position.
Latin America CNG Cylinders Market
The Latin America CNG Cylinders Market size was valued at USD 151.11 million in 2018, reaching USD 265.01 million in 2024 and is anticipated to reach USD 547.29 million by 2032, at a CAGR of 9.5% during the forecast period. The adoption of CNG in Latin America is primarily driven by the region’s rising fuel prices and increasing environmental concerns. Countries like Brazil and Argentina are making significant strides in promoting CNG as an alternative fuel for vehicles. The economic benefits of CNG, combined with government incentives, are encouraging the transition from gasoline and diesel to CNG-powered vehicles. The market growth in this region is further supported by increasing investments in refueling infrastructure.
Middle East CNG Cylinders Market
The Middle East CNG Cylinders Market size was valued at USD 102.81 million in 2018, reaching USD 163.20 million in 2024 and is anticipated to reach USD 297.15 million by 2032, at a CAGR of 7.8% during the forecast period. The Middle East is witnessing growing demand for CNG as an alternative fuel, particularly in countries like Iran and the United Arab Emirates. The region’s focus on sustainability and reducing dependence on traditional fuels has increased the adoption of CNG-powered vehicles. The expansion of CNG refueling stations, coupled with governmental initiatives to promote CNG use in transportation and industrial sectors, continues to support market growth in the region.
Africa CNG Cylinders Market
The Africa CNG Cylinders Market size was valued at USD 36.73 million in 2018, reaching USD 54.03 million in 2024 and is anticipated to reach USD 87.37 million by 2032, at a CAGR of 6.2% during the forecast period. Africa’s CNG cylinders market is emerging, with increasing demand in countries like Egypt and South Africa. Although the market is still in the early stages, the region’s growing focus on clean energy solutions presents significant opportunities. The economic advantages of CNG as an alternative fuel are driving its adoption in the transport sector. Investments in CNG infrastructure, particularly in urban areas, are expected to accelerate market growth in the coming years.
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The competitive landscape of the CNG Cylinders Market is characterized by the presence of several global and regional players offering a range of products to meet the growing demand for compressed natural gas solutions. Key companies are focused on improving cylinder technology, safety standards, and production efficiency. Manufacturers are increasingly adopting advanced composite materials to enhance the performance and durability of CNG cylinders. Players such as Worthington Industries, Faber Industrie, and Luxfer Gas Cylinders dominate the market, leveraging their established manufacturing capabilities and distribution networks. Companies also compete by expanding their product portfolios, introducing lighter, stronger, and more cost-effective cylinders. The market is seeing significant investments in R&D to develop innovative products that comply with international safety standards. Competitive strategies also include regional expansions, partnerships with fuel providers, and increased focus on emerging markets where CNG adoption is rising.
Recent Developments:
In May 2025, Everest Kanto Cylinder Limited announced board changes, including the promotion of Mr. Sanjiv Kapur to Wholetime Director effective May 26, 2025. While not a product launch, this leadership change signals a continued focus on strategic growth and governance. The company remains a major player in CNG, industrial, and medical gas cylinders, with ongoing investments in manufacturing capacity and innovation.
Market Concentration & Characteristics:
The CNG Cylinders Market is moderately concentrated, with a few key players holding significant market share. Leading companies such as Worthington Industries, Faber Industrie, and Luxfer Gas Cylinders dominate the market due to their strong manufacturing capabilities, established brands, and extensive distribution networks. These companies focus on innovation and technological advancements to maintain a competitive edge, particularly in the development of lightweight and high-strength cylinders. The market is characterized by a high degree of regulatory compliance, with players needing to adhere to strict safety and quality standards. Competitive dynamics are driven by technological improvements, cost-efficiency, and regional expansion. Smaller players also exist, but they typically focus on niche markets or offer specialized solutions. Market growth is fueled by the increasing demand for clean fuel alternatives and the ongoing development of CNG infrastructure globally.
Report Coverage:
The research report offers an in-depth analysis based on type, material, and application. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
The CNG Cylinders Market will continue to grow, driven by increasing demand for cleaner fuel alternatives.
Adoption of CNG in public transport and commercial fleets will expand, contributing significantly to market development.
Technological innovations, especially in lightweight composite materials, will improve cylinder safety and efficiency.
Rising fuel prices and environmental concerns will encourage the shift towards CNG-powered vehicles in urban areas.
Government incentives and regulations supporting clean energy will promote investments in CNG infrastructure.
The global expansion of CNG refueling stations will make CNG more accessible and practical.
Emerging markets, particularly in Asia-Pacific, Latin America, and the Middle East, will offer substantial growth potential.
The industrial sector’s growing use of CNG for energy generation will create demand for larger cylinders.
Partnerships between CNG cylinder manufacturers and fuel providers will strengthen the supply chain and distribution networks.
Competitive pressures will drive continuous innovation in cylinder design and cost reduction.
CHAPTER NO. 1 : GENESIS OF THE MARKET
1.1 Market Prelude – Introduction & Scope
1.2 The Big Picture – Objectives & Vision
1.3 Strategic Edge – Unique Value Proposition
1.4 Stakeholder Compass – Key Beneficiaries CHAPTER NO. 2 : EXECUTIVE LENS
2.1 Pulse of the Industry – Market Snapshot
2.2 Growth Arc – Revenue Projections (USD Million)
2.3. Premium Insights – Based on Primary Interviews CHAPTER NO. 3 : CNG CYLINDERS MARKET FORCES & INDUSTRY PULSE
3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown
3.6 Price Trend Analysis
3.6.1 Regional Price Trend
3.6.2 Price Trend by Product CHAPTER NO. 4 : KEY INVESTMENT EPICENTER
4.1 Regional Goldmines – High-Growth Geographies
4.2 Product Frontiers – Lucrative Product Categories
4.3 Material Sweet Spots – Emerging Demand Segments CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING
5.1 Momentum Metrics – Forecast & Growth Curves
5.2 Regional Revenue Footprint – Market Share Insights
5.3 Segmental Wealth Flow – Type, Material, & Application Revenue CHAPTER NO. 6 : TRADE & COMMERCE ANALYSIS
6.1. Import Analysis by Region
6.1.1. Global CNG Cylinders Market Import Volume By Region
6.2. Export Analysis by Region
6.2.1. Global CNG Cylinders Market Export Volume By Region CHAPTER NO. 7 : COMPETITION ANALYSIS
7.1. Company Market Share Analysis
7.1.1. Global CNG Cylinders Market: Company Market Share
7.1. Global CNG Cylinders Market Company Volume Market Share
7.2. Global CNG Cylinders Market Company Revenue Market Share
7.3. Strategic Developments
7.3.1. Acquisitions & Mergers
7.3.2. New Product Launch
7.3.3. Regional Expansion
7.4. Competitive Dashboard
7.5. Company Assessment Metrics, 2024 CHAPTER NO. 8 : CNG CYLINDERS MARKET – BY TYPE SEGMENT ANALYSIS
8.1. CNG Cylinders Market Overview By Type Segment
8.1.1. CNG Cylinders Market Volume Share By Type
8.1.2. CNG Cylinders Market Revenue Share By Type
8.2. Type 1
8.3. Type 2
8.4. Type 3
8.5. Type 4 CHAPTER NO. 9 : CNG CYLINDERS MARKET – BY MATERIAL SEGMENT ANALYSIS
9.1. CNG Cylinders Market Overview By Material Segment
9.1.1. CNG Cylinders Market Volume Share By Material
9.1.2. CNG Cylinders Market Revenue Share By Material
9.2. Metal
9.3. Glass Fiber
9.4. Carbon Fiber CHAPTER NO. 10 : CNG CYLINDERS MARKET – BY APPLICATION SEGMENT ANALYSIS
10.1. CNG Cylinders Market Overview By Application Segment
10.1.1. CNG Cylinders Market Volume Share By Application
10.1.2. CNG Cylinders Market Revenue Share By Application
10.2. Light Passenger Vehicles
10.3. Medium Duty/Heavy Duty (MD/HD) Buses
10.4. Medium Duty/Heavy Duty (MD/HD) Trucks CHAPTER NO. 11 : CNG CYLINDERS MARKET – REGIONAL ANALYSIS
11.1. CNG Cylinders Market Overview By Region Segment
11.1.1. Global CNG Cylinders Market Volume Share By Region
11.1.2. Global CNG Cylinders Market Revenue Share By Region
11.1.3. Regions
11.1.4. Global CNG Cylinders Market Volume By Region
11.1.5. Global CNG Cylinders Market Revenue By Region
11.1.6. Type
11.1.7. Global CNG Cylinders Market Volume By Type
11.1.8. Global CNG Cylinders Market Revenue By Type
11.1.9. Material
11.1.10. Global CNG Cylinders Market Volume By Material
11.1.11. Global CNG Cylinders Market Revenue By Material
11.1.12. Application
11.1.13. Global CNG Cylinders Market Volume By Application
11.1.14. Global CNG Cylinders Market Revenue By Application CHAPTER NO. 12 : NORTH AMERICA CNG CYLINDERS MARKET – COUNTRY ANALYSIS
12.1. North America CNG Cylinders Market Overview By Country Segment
12.1.1. North America CNG Cylinders Market Volume Share By Region
12.1.2. North America CNG Cylinders Market Revenue Share By Region
12.2. North America
12.2.1. North America CNG Cylinders Market Volume By Country
12.2.2. North America CNG Cylinders Market Revenue By Country
12.2.3. Type
12.2.4. North America CNG Cylinders Market Volume By Type
12.2.5. North America CNG Cylinders Market Revenue By Type
12.2.6. Material
12.2.7. North America CNG Cylinders Market Volume By Material
12.2.8. North America CNG Cylinders Market Revenue By Material
12.2.9. Application
12.2.10. North America CNG Cylinders Market Volume By Application
12.2.11. North America CNG Cylinders Market Revenue By Application
12.3. U.S.
12.4. Canada
12.5. Mexico CHAPTER NO. 13 : EUROPE CNG CYLINDERS MARKET – COUNTRY ANALYSIS
13.1. Europe CNG Cylinders Market Overview By Country Segment
13.1.1. Europe CNG Cylinders Market Volume Share By Region
13.1.2. Europe CNG Cylinders Market Revenue Share By Region
13.2. Europe
13.2.1. Europe CNG Cylinders Market Volume By Country
13.2.2. Europe CNG Cylinders Market Revenue By Country
13.2.3. Type
13.2.4. Europe CNG Cylinders Market Volume By Type
13.2.5. Europe CNG Cylinders Market Revenue By Type
13.2.6. Material
13.2.7. Europe CNG Cylinders Market Volume By Material
13.2.8. Europe CNG Cylinders Market Revenue By Material
13.2.9. Application
13.2.10. Europe CNG Cylinders Market Volume By Application
13.2.11. Europe CNG Cylinders Market Revenue By Application
13.3. UK
13.4. France
13.5. Germany
13.6. Italy
13.7. Spain
13.8. Russia
13.9. Rest of Europe CHAPTER NO. 14 : ASIA PACIFIC CNG CYLINDERS MARKET – COUNTRY ANALYSIS
14.1. Asia Pacific CNG Cylinders Market Overview By Country Segment
14.1.1. Asia Pacific CNG Cylinders Market Volume Share By Region
14.1.2. Asia Pacific CNG Cylinders Market Revenue Share By Region
14.2. Asia Pacific
14.2.1. Asia Pacific CNG Cylinders Market Volume By Country
14.2.2. Asia Pacific CNG Cylinders Market Revenue By Country
14.2.3. Type
14.2.4. Asia Pacific CNG Cylinders Market Volume By Type
14.2.5. Asia Pacific CNG Cylinders Market Revenue By Type
14.2.6. Material
14.2.7. Asia Pacific CNG Cylinders Market Volume By Material
14.2.8. Asia Pacific CNG Cylinders Market Revenue By Material
14.2.9. Application
14.2.10. Asia Pacific CNG Cylinders Market Volume By Application
14.2.11. Asia Pacific CNG Cylinders Market Revenue By Application
14.3. China
14.4. Japan
14.5. South Korea
14.6. India
14.7. Australia
14.8. Southeast Asia
14.9. Rest of Asia Pacific CHAPTER NO. 15 : LATIN AMERICA CNG CYLINDERS MARKET – COUNTRY ANALYSIS
15.1. Latin America CNG Cylinders Market Overview By Country Segment
15.1.1. Latin America CNG Cylinders Market Volume Share By Region
15.1.2. Latin America CNG Cylinders Market Revenue Share By Region
15.2. Latin America
15.2.1. Latin America CNG Cylinders Market Volume By Country
15.2.2. Latin America CNG Cylinders Market Revenue By Country
15.2.3. Type
15.2.4. Latin America CNG Cylinders Market Volume By Type
15.2.5. Latin America CNG Cylinders Market Revenue By Type
15.2.6. Material
15.2.7. Latin America CNG Cylinders Market Volume By Material
15.2.8. Latin America CNG Cylinders Market Revenue By Material
15.2.9. Application
15.2.10. Latin America CNG Cylinders Market Volume By Application
15.2.11. Latin America CNG Cylinders Market Revenue By Application
15.3. Brazil
15.4. Argentina
15.5. Rest of Latin America CHAPTER NO. 16 : MIDDLE EAST CNG CYLINDERS MARKET – COUNTRY ANALYSIS
16.1. Middle East CNG Cylinders Market Overview By Country Segment
16.1.1. Middle East CNG Cylinders Market Volume Share By Region
16.1.2. Middle East CNG Cylinders Market Revenue Share By Region
16.2. Middle East
16.2.1. Middle East CNG Cylinders Market Volume By Country
16.2.2. Middle East CNG Cylinders Market Revenue By Country
16.2.3. Type
16.2.4. Middle East CNG Cylinders Market Volume By Type
16.2.5. Middle East CNG Cylinders Market Revenue By Type
16.2.6. Material
16.2.7. Middle East CNG Cylinders Market Volume By Material
16.2.8. Middle East CNG Cylinders Market Revenue By Material
16.2.9. Application
16.2.10. Middle East CNG Cylinders Market Volume By Application
16.2.11. Middle East CNG Cylinders Market Revenue By Application
16.3. GCC Countries
16.4. Israel
16.5. Turkey
16.6. Rest of Middle East CHAPTER NO. 17 : AFRICA CNG CYLINDERS MARKET – COUNTRY ANALYSIS
17.1. Africa CNG Cylinders Market Overview By Country Segment
17.1.1. Africa CNG Cylinders Market Volume Share By Region
17.1.2. Africa CNG Cylinders Market Revenue Share By Region
17.2. Africa
17.2.1. Africa CNG Cylinders Market Volume By Country
17.2.2. Africa CNG Cylinders Market Revenue By Country
17.2.3. Type
17.2.4. Africa CNG Cylinders Market Volume By Type
17.2.5. Africa CNG Cylinders Market Revenue By Type
17.2.6. Material
17.2.7. Africa CNG Cylinders Market Volume By Material
17.2.8. Africa CNG Cylinders Market Revenue By Material
17.2.9. Application
17.2.10. Africa CNG Cylinders Market Volume By Application
17.2.11. Africa CNG Cylinders Market Revenue By Application
17.3. South Africa
17.4. Egypt
17.5. Rest of Africa CHAPTER NO. 18 : COMPANY PROFILES
18.1. Sinomatech
18.1.1. Company Overview
18.1.2. Product Portfolio
18.1.3. Financial Overview
18.1.4. Recent Developments
18.1.5. Growth Strategy
18.1.6. SWOT Analysis
18.2. Avanco Group
18.3. Beijing Tianhai Industry
18.4. CIMC ENRIC
18.5. Everest Kanto Cylinders
18.6. Faber Industries
18.7. Hexagon Composites
18.8. Luxfer Group
18.9. Quantum Technologies
18.10. Rama Cylinders
18.11. Other Key Players
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Frequently Asked Questions
What is the current size of the CNG Cylinders Market?
The CNG Cylinders Market was valued at USD 1,446.0 million in 2018 and is expected to reach USD 2,353.5 million by 2024, with projections to grow to USD 4,435.1 million by 2032.
What are the key segments within the CNG Cylinders Market?
Key segments in the CNG Cylinders Market include vehicle types (light-duty, heavy-duty), cylinder materials (steel, composite), and applications in transportation, industrial sectors, and public transit systems.
What are some challenges faced by the CNG Cylinders Market?
Challenges include the high initial cost of CNG infrastructure, safety concerns regarding cylinder storage, and the need for more widespread refueling stations to support CNG-powered vehicles.
Who are the major players in the CNG Cylinders Market?
Major players in the CNG Cylinders Market include Worthington Industries, Faber Industrie, Luxfer Gas Cylinders, and Hexagon Composites, known for their innovative technologies and strong market presence.
About Author
Ganesh Chandwade
Senior Industry Consultant
Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.
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The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.
