Home » Energy » Oil & Gas » Compressed Natural Gas (CNG) Cylinders Market

Compressed Natural Gas (CNG) Cylinders Market By Type (Type 1, Type 2, Type 3, Type 4); By Raw Material (Metals, Glass Fiber, Carbon Fiber); By Vehicle Type (Light-Duty Vehicles, Medium-Duty Vehicles, Heavy-Duty Vehicles); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
Compressed Natural Gas (CNG) Cylinders Market Size 2023	USD 1,982.30 million
Compressed Natural Gas (CNG) Cylinders Market, CAGR	10.50%
Compressed Natural Gas (CNG) Cylinders Market Size 2032	USD 4,868.89 million

Market Overview

The CNG cylinders market is projected to grow from USD 1,982.30 million in 2023 to an estimated USD 4,868.89 million by 2032, with a compound annual growth rate (CAGR) of 10.50% from 2024 to 2032. This growth underscores the increasing adoption of CNG vehicles in response to rising environmental concerns and the push for fuel alternatives that reduce greenhouse gas emissions.

Market drivers include the escalating cost of petroleum-based fuels and growing environmental awareness. Governments around the globe are implementing incentives and subsidies to promote the use of cleaner fuels, which in turn boosts the adoption of CNG as an alternative fuel. Additionally, advancements in technology have led to improved storage solutions and reduced costs of CNG cylinders, further catalyzing market growth. These factors, coupled with the expanding infrastructure for CNG fueling stations, are pivotal trends shaping the market dynamics.

Geographically, Asia-Pacific dominates the CNG cylinders market due to heavy vehicle usage and rising fuel prices in densely populated countries like India and China. North America and Europe are also experiencing significant growth, supported by stringent environmental regulations and increasing investment in CNG infrastructure. Key players in the market include Hexagon Composites ASA, Luxfer Gas Cylinders, Worthington Industries, Quantum Technologies, and Everest Kanto Cylinder Ltd., who are extensively involved in developing and distributing CNG cylinders across various regions.

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample

Market Drivers

Environmental Regulations and Policies:

Environmental sustainability has become a paramount concern globally, prompting governments to implement stricter emissions regulations to combat air pollution. CNG, being a cleaner alternative to gasoline and diesel, significantly reduces the emission of nitrogen oxides (NOx), particulate matter, and carbon dioxide. As such, environmental policies promoting the use of greener fuels have directly bolstered the demand for CNG cylinders. For instance, the European Union has set ambitious targets to reduce greenhouse gas emissions from transport, leading to increased adoption of CNG vehicles in countries like Italy and Germany. In India, the government’s push for cleaner fuels has resulted in a substantial increase in CNG-powered vehicles, particularly in urban areas. The United States Environmental Protection Agency has also recognized CNG as a clean alternative fuel, encouraging its use through various incentives. These measures not only support environmental goals but also stimulate the market for CNG cylinders as essential components in eco-friendly transportation.

Economic Benefits and Fuel Cost Savings:

The volatility of oil prices and the general higher cost of petroleum fuels make CNG an attractive economic alternative. CNG costs significantly less than traditional fossil fuels in many regions, providing substantial cost savings over the vehicle’s operational lifecycle. This economic advantage drives consumers and fleet operators to convert vehicles to CNG, thereby increasing the demand for CNG cylinders. For instance, in Pakistan, where CNG is widely used, drivers have reported fuel cost savings of up to 50% compared to petrol. In the United States, the Department of Energy has noted that CNG prices can be 40-50% lower than gasoline on an energy equivalent basis. In Iran, which has one of the largest CNG vehicle fleets globally, the government’s subsidies on natural gas have made CNG an extremely cost-effective fuel option. The lower operational costs associated with CNG vehicles, coupled with the extended lifespan of CNG engines due to cleaner burning fuel, present compelling economic incentives for consumers and commercial entities alike.

Technological Advancements in Cylinder Manufacturing:

Technological innovations in the design and manufacturing of CNG cylinders have played a crucial role in expanding their market. Modern CNG cylinders are lighter, have greater storage capacity, and offer improved safety features, which enhance vehicle performance and appeal. Manufacturers have developed composite materials that reduce the weight of cylinders while maintaining durability and safety standards. For example, Type 4 CNG cylinders, made entirely of composite materials, can be up to 70% lighter than traditional steel cylinders. In India, companies like Rama Cylinders have introduced advanced cylinder designs that increase fuel storage capacity by up to 20%. European manufacturers such as Hexagon Composites have developed high-pressure cylinders that allow for longer driving ranges, addressing one of the key concerns in CNG vehicle adoption. These advancements make CNG vehicles more competitive with their conventional counterparts, facilitating wider adoption. Furthermore, improvements in refueling technology, including faster and more efficient filling systems, contribute to the market attractiveness of CNG as a viable everyday fuel option.

Expansion of CNG Refueling Infrastructure:

The development of CNG refueling infrastructure is pivotal in supporting the growth of the CNG cylinder market. As governments and private entities invest in building more CNG stations, the accessibility of CNG as a fuel increases, making it more convenient for users. This expansion is particularly notable in regions like Asia-Pacific and Latin America, where urbanization and industrial growth are driving up energy needs. The establishment of a comprehensive network of refueling stations addresses one of the significant barriers to the adoption of CNG vehicles, thereby propelling the demand for CNG cylinders.

Market Trends

Increased Adoption of Type IV CNG Cylinders:

The CNG cylinders market is seeing a notable shift towards Type IV cylinders made from advanced composite materials. These cylinders offer significant weight reduction compared to traditional steel types, enhancing fuel efficiency for CNG vehicles. Type IV cylinders provide superior corrosion resistance, higher gas storage capacity at increased pressures, and extended lifecycle. This trend is particularly impactful for commercial transportation and public transit, where fuel efficiency and payload capacity are crucial. According to industry surveys, a growing number of fleet operators are transitioning to Type IV cylinders to reduce operational costs and improve vehicle performance. Government data indicates that several countries are incentivizing the adoption of lightweight CNG cylinders through tax benefits and subsidies. Major cylinder manufacturers report increasing production capacity for Type IV cylinders to meet rising demand. Additionally, ongoing research and development in composite materials is further enhancing the properties of Type IV cylinders. As material costs continue to decrease and manufacturing processes improve, industry experts predict Type IV cylinders will become the dominant choice for CNG storage in vehicles across various segments in the coming years.

Strategic Expansion of CNG Supply Networks:

A key trend supporting CNG cylinder market growth is the strategic expansion of refueling infrastructure. Government agencies and private companies in Europe, Asia, and North America are actively investing in CNG refueling stations to improve availability and convenience for users. This expansion addresses range anxiety concerns and boosts consumer confidence in CNG vehicles. Industry reports highlight significant year-over-year increases in the number of CNG refueling stations across multiple regions. Public-private partnerships are emerging as a popular model for accelerating infrastructure development. Additionally, the integration of digital technologies at refueling stations is enhancing user experience and operational efficiency. Smart monitoring systems enable real-time tracking of fuel levels and station status. Mobile payment options and loyalty programs are being introduced to streamline the refueling process. Some countries are mandating the installation of CNG pumps at a certain percentage of existing fuel stations. These infrastructure improvements are making CNG more accessible and attractive to both individual consumers and fleet operators, driving demand for CNG cylinders across various vehicle segments.

Market Restraints and Challenges

High Initial Investment and Maintenance Costs:

The adoption of CNG systems requires substantial upfront capital investments, posing a significant barrier for many potential buyers. For instance, a survey by the American Public Transportation Association found that the average cost of a CNG bus was approximately $50,000 higher than a diesel bus. The advanced composite CNG cylinders can cost up to 3-4 times more than traditional steel cylinders. Additionally, maintenance costs for CNG vehicles tend to be higher due to specialized parts and regular safety inspections. A study by the U.S. Department of Energy’s Clean Cities program revealed that CNG vehicle maintenance costs were about 25% higher than those for gasoline vehicles over a 3-year period. These economic factors can deter widespread adoption, especially in regions lacking strong government incentives or subsidies to offset the initial costs.

Regulatory and Safety Concerns:

Stringent safety regulations and varying standards across different regions pose significant challenges for CNG cylinder manufacturers and users. For example, the European Union’s Pressure Equipment Directive (PED) and the United Nations Economic Commission for Europe (UNECE) Regulation No. 110 set rigorous standards for CNG cylinders, requiring extensive testing and certification processes. In the United States, the National Highway Traffic Safety Administration (NHTSA) mandates specific safety requirements for CNG fuel containers. These diverse regulations can complicate global distribution and standardization efforts. Safety concerns also impact public perception and acceptance of CNG technology. A survey conducted by the Natural Gas Vehicle Association found that 35% of respondents expressed safety concerns as a primary reason for not considering CNG vehicles. Overcoming these challenges requires ongoing technological advancements, rigorous testing protocols, and effective public education campaigns to build trust and expand the user base of CNG vehicles worldwide.

Market Segmentation Analysis

By Type

CNG cylinders are categorized into four types based on their material composition and weight. Type 1 cylinders, made entirely of metal, are the most durable but heaviest, ideal for heavy-duty vehicles. Type 2 cylinders have a metal liner reinforced with glass fiber, offering a cost-effective balance for medium-duty vehicles. Type 3 cylinders feature an aluminum liner fully wrapped in carbon fiber, significantly lighter and commonly used in light and medium-duty vehicles. Type 4 cylinders, the lightest and most expensive, have a plastic liner fully wrapped in carbon fiber, providing optimal weight reduction and pressure capacity. For instance, a survey by the Natural Gas Vehicle Association found that Type 3 and Type 4 cylinders are gaining popularity in passenger vehicles and light commercial fleets due to their lightweight properties. Government data indicates that the adoption of these advanced cylinder types has led to a 15-20% improvement in fuel efficiency for CNG vehicles compared to their conventional counterparts.

By raw material

Metals like steel and aluminum are crucial in manufacturing Type 1, Type 2, and Type 3 CNG cylinders, providing necessary strength and durability. Glass fiber, used in Type 2 and Type 3 cylinders, offers a lighter alternative to metals, enhancing vehicle efficiency. Carbon fiber, favored for Type 3 and Type 4 cylinders, stands out due to its exceptional strength-to-weight ratio. For instance, a study by the Department of Energy found that carbon fiber-reinforced cylinders can reduce overall vehicle weight by up to 70% compared to traditional steel cylinders. Industry surveys indicate that the shift towards lightweight materials has enabled CNG vehicles to achieve driving ranges comparable to conventional fuel vehicles. Additionally, government safety reports show that carbon fiber cylinders have demonstrated superior crash resistance and reduced risk of catastrophic failure in collision tests, further driving their adoption in the automotive sector.

Segments

Based on Type

Type 1
Type 2
Type 3
Type 4

Based on Raw Material

Metals
Glass Fiber
Carbon Fiber

Based on Vehicle Type

Light-Duty Vehicles
Medium-Duty Vehicles
Heavy-Duty Vehicles

Based on Region

North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK.
- 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
- The Rest of the Middle East and Africa

Regional Analysis

Asia Pacific (45%):

Asia-Pacific dominates the global CNG cylinders market, accounting for approximately 45% of the total market share, driven by high adoption rates in countries like India, China, and Pakistan. The region’s leadership stems from strong government initiatives promoting cleaner energy alternatives to combat severe air pollution. For instance, the Indian government has implemented policies to encourage CNG use in public and private transportation. China has seen a significant increase in CNG vehicle production, with over 6 million units produced in recent years. Pakistan has also made strides, with major cities like Karachi and Lahore having extensive CNG infrastructure. The rapidly expanding automotive industry and growing environmental concerns ensure Asia-Pacific remains the largest market for CNG cylinders.

North America (25%):

North America holds around 25% of the global market share for CNG cylinders, with the U.S. and Canada as primary contributors. The region’s growth is driven by stringent environmental regulations and increasing demand for alternative fuel vehicles. For instance, the U.S. Department of Energy reports that there are over 1,600 CNG fueling stations across the country, supporting a growing fleet of CNG vehicles. In Canada, cities like Vancouver have implemented programs to convert municipal fleets to CNG. The Natural Gas Vehicle Alliance of Canada has reported steady growth in CNG adoption across various sectors. The focus on reducing oil dependency and promoting domestic natural gas usage has significantly contributed to the expansion of the CNG cylinders market in North America.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

Key players

Worthington Industries
Luxfer Group
Hexagon Composites ASA
Quantum Fuel Systems Technologies Worldwide Inc.
Everest Kanto Cylinders Ltd.
Praxair Technologies Inc.
Avanco Group
Beijing Tianhai Industry Co., Ltd.
Lianyungang Zhongfu Lian Zhong Composites Group Co., Ltd.
Faber Industries S.P.A.
Ullit SA

Competitive Analysis

The Compressed Natural Gas (CNG) cylinders market is characterized by intense competition, with several key players actively driving innovation and market expansion. Companies like Hexagon Composites ASA and Luxfer Group are at the forefront, leveraging advanced composite materials to produce lightweight and durable CNG cylinders. Worthington Industries and Faber Industries S.P.A. are recognized for their robust manufacturing capabilities and extensive product portfolios, catering to diverse market needs. Quantum Fuel Systems Technologies Worldwide Inc. and Everest Kanto Cylinders Ltd. are also prominent, focusing on cutting-edge technology and strategic partnerships to strengthen their market positions. Regional players like Beijing Tianhai Industry Co., Ltd., and Lianyungang Zhongfu Lian Zhong Composites Group Co., Ltd. contribute to the market’s growth by tapping into local demand and expanding their global footprint. This competitive landscape is defined by continuous innovation, strategic collaborations, and a focus on enhancing product performance and safety standards.

Recent Developments

In June 2023, Worthington Industries announced the acquisition of Tempel Steel Company, expanding its electrical steel capabilities for e-mobility applications including electric vehicles.

In March 2023, Hexagon Purus, a subsidiary of Hexagon Composites, received an order for hydrogen distribution systems from Everfuel, to be used for mobile hydrogen refueling stations.

In April 2023, Everest Kanto Cylinder Limited announced plans to set up a new CNG cylinder manufacturing facility in Aurangabad, India to meet growing demand.

In January 2023, Quantum Fuel Systems launched a new 33-inch diameter virtual pipeline trailer for CNG transport, offering increased capacity.

In November 2022, Faber Industries introduced a new line of Type 4 all-composite CNG cylinders for heavy-duty vehicles, featuring lightweight design and high capacity.

Market Concentration and Characteristics

The Compressed Natural Gas (CNG) cylinders market is moderately concentrated, with a mix of global and regional players contributing to the market dynamics. The top players, including Hexagon Composites ASA, Luxfer Group, and Worthington Industries, hold significant market shares due to their advanced manufacturing capabilities, extensive product portfolios, and strong distribution networks. These companies are at the forefront of innovation, particularly in developing lightweight and high-capacity cylinders. However, the market also includes a variety of regional players, such as Everest Kanto Cylinders Ltd. and Beijing Tianhai Industry Co., Ltd., who cater to local demand and benefit from growing CNG adoption in emerging markets. The market is characterized by a strong focus on technological advancements, regulatory compliance, and safety standards, driving competition among key players to develop more efficient and durable CNG cylinders. This concentration reflects the market’s blend of global influence and regional growth opportunities.

Report Coverage

The research report offers an in-depth analysis based on Type, Raw Material, Vehicle Type and Region. 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 continued investment in expanding CNG refueling infrastructure globally will drive increased adoption of CNG vehicles, boosting demand for CNG cylinders.

Ongoing advancements in materials science, particularly in composite materials, will lead to the development of lighter, stronger, and more efficient CNG cylinders, enhancing vehicle performance.

Growing global awareness of environmental issues will propel the shift towards cleaner fuels like CNG, further stimulating market growth for CNG cylinders.

Increasing government initiatives, such as subsidies and tax incentives for CNG vehicles, will support the market’s expansion, particularly in emerging economies.

The integration of smart monitoring systems in CNG cylinders for real-time pressure and safety monitoring will become more prevalent, enhancing safety and operational efficiency.

The market will see a significant shift towards Type IV cylinders due to their superior weight-to-strength ratio, driving demand in both light-duty and commercial vehicle segments.

Asia-Pacific, particularly India and China, will continue to dominate the market, supported by strong government policies, growing automotive markets, and expanding CNG infrastructure.

The adoption of CNG vehicles by commercial fleets and public transportation systems will rise, driven by cost savings and environmental benefits, leading to higher demand for CNG cylinders.

The market may experience consolidation as leading players acquire smaller firms to expand their product portfolios, enhance technological capabilities, and increase market share.

As safety remains a top priority, there will be continued emphasis on stringent safety standards and certifications for CNG cylinders, driving innovation and quality improvement in the market.

CHAPTER NO. 1 : INTRODUCTION 26

1.1.1. Report Description 26

Purpose of the Report 26

USP & Key Offerings 26

1.1.2. Key Benefits for Stakeholders 26

1.1.3. Target Audience 27

1.1.4. Report Scope 27

1.1.5. Regional Scope 28

CHAPTER NO. 2 : EXECUTIVE SUMMARY 29

2.1. CNG Cylinders Market Snapshot 29

2.1.1. Global CNG Cylinders Market, 2018 – 2032 (Unit) (USD Million) 31

2.2. Insights from Primary Respondents 31

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 32

3.1. Russia-Ukraine and Israel-Palestine War Impacts 32

CHAPTER NO. 4 : CNG CYLINDERS MARKET – INDUSTRY ANALYSIS 33

4.1. Introduction 33

4.2. Market Drivers 34

4.2.1. Driving Factor 1 Analysis 34

4.2.2. Driving Factor 2 Analysis 35

4.3. Market Restraints 36

4.3.1. Restraining Factor Analysis 36

4.4. Market Opportunities 37

4.4.1. Market Opportunity Analysis 37

4.5. Porter’s Five Forces Analysis 38

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 39

5.1. Company Market Share Analysis – 2023 39

5.1.1. Global CNG Cylinders Market: Company Market Share, by Volume, 2023 39

5.1.2. Global CNG Cylinders Market: Company Market Share, by Revenue, 2023 40

5.1.3. Global CNG Cylinders Market: Top 6 Company Market Share, by Revenue, 2023 40

5.1.4. Global CNG Cylinders Market: Top 3 Company Market Share, by Revenue, 2023 40

5.2. Global CNG Cylinders Market Company Volume Market Share, 2023 42

5.3. Company Assessment Metrics, 2023 43

5.3.1. Stars 43

5.3.2. Emerging Leaders 43

5.3.3. Pervasive Players 43

5.3.4. Participants 43

5.4. Start-ups /SMEs Assessment Metrics, 2023 43

5.4.1. Progressive Companies 43

5.4.2. Responsive Companies 43

5.4.3. Dynamic Companies 43

5.4.4. Starting Blocks 43

5.5. Strategic Developments 44

5.5.1. Acquisitions & Mergers 44

New Product Launch 44

Regional Expansion 44

5.6. Key Players Product Matrix 45

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 46

6.1. PESTEL 46

6.1.1. Political Factors 46

6.1.2. Economic Factors 46

6.1.3. Social Factors 46

6.1.4. Technological Factors 46

6.1.5. Environmental Factors 46

6.1.6. Legal Factors 46

6.2. Adjacent Market Analysis 46

CHAPTER NO. 7 : CNG CYLINDERS MARKET – BY TYPE SEGMENT ANALYSIS 47

7.1. CNG Cylinders Market Overview, by Type Segment 47

7.1.1. CNG Cylinders Market Volume Share, By Type, 2023 & 2032 48

7.1.2. CNG Cylinders Market Revenue Share, By Type, 2023 & 2032 48

7.1.3. CNG Cylinders Market Attractiveness Analysis, By Type 49

7.1.4. Incremental Revenue Growth Opportunity, by Type, 2024 – 2032 49

7.1.5. CNG Cylinders Market Revenue, By Type, 2018, 2023, 2027 & 2032 50

7.2. Type 1 51

7.2.1. Global Type 1 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 52

7.2.2. Global Type 1 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 52

7.3. Type 2 53

7.3.1. Global Type 2 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 54

7.3.2. Global Type 2 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 54

7.4. Type 3 55

7.5. Global Type 3 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 56

7.6. Global Type 3 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 56

7.7. Type 4 57

7.7.1. Global Type 4 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 58

7.7.2. Global Type 4 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 58

CHAPTER NO. 8 : CNG CYLINDERS MARKET – BY RAW MATERIAL SEGMENT ANALYSIS 59

8.1. CNG Cylinders Market Overview, by Raw material Segment 59

8.1.1. CNG Cylinders Market Volume Share, By Raw material, 2023 & 2032 60

8.1.2. CNG Cylinders Market Revenue Share, By Raw material, 2023 & 2032 60

8.1.3. CNG Cylinders Market Attractiveness Analysis, By Raw material 61

8.1.4. Incremental Revenue Growth Opportunity, by Raw material, 2024 – 2032 61

8.1.5. CNG Cylinders Market Revenue, By Raw material, 2018, 2023, 2027 & 2032 62

8.2. Metals 63

8.2.1. Global Metals CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 64

8.2.2. Global Metals CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 64

8.3. Glass Fiber 65

8.3.1. Global Glass Fiber CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 66

8.3.2. Global Glass Fiber CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 66

8.4. Carbon Fiber 67

8.5. Global Carbon Fiber CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 68

8.6. Global Carbon Fiber CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 68

CHAPTER NO. 9 : CNG CYLINDERS MARKET – BY VEHICLE TYPES SEGMENT ANALYSIS 69

9.1. CNG Cylinders Market Overview, by Vehicle Types Segment 69

9.1.1. CNG Cylinders Market Volume Share, By Vehicle Types, 2023 & 2032 70

9.1.2. CNG Cylinders Market Revenue Share, By Vehicle Types, 2023 & 2032 70

9.1.3. CNG Cylinders Market Attractiveness Analysis, By Vehicle Types 71

9.1.4. Incremental Revenue Growth Opportunity, by Vehicle Types, 2024 – 2032 71

9.1.5. CNG Cylinders Market Revenue, By Vehicle Types, 2018, 2023, 2027 & 2032 72

9.2. Light duty vehicles 73

9.2.1. Global Light duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 74

9.2.2. Global Light duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 74

9.3. Medium duty vehicles 75

9.3.1. Global Medium duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 76

9.3.2. Global Medium duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 76

9.4. Heavy duty vehicles 77

9.5. Global Heavy duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 78

9.6. Global Heavy duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 78

CHAPTER NO. 10 : CNG CYLINDERS MARKET – REGIONAL ANALYSIS 79

10.1. CNG Cylinders Market Overview, by Regional Segments 79

10.2. Region 80

10.2.1. Global CNG Cylinders Market Volume Share, By Region, 2023 & 2032 80

10.2.2. Global CNG Cylinders Market Revenue Share, By Region, 2023 & 2032 80

10.2.3. CNG Cylinders Market Attractiveness Analysis, By Region 81

10.2.4. Incremental Revenue Growth Opportunity, by Region, 2024 – 2032 81

10.2.5. CNG Cylinders Market Revenue, By Region, 2018, 2023, 2027 & 2032 82

10.2.6. Global CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 83

10.2.7. Global CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 83

10.3. Type 84

10.3.1. Global CNG Cylinders Market Volume & Revenue, By Type, 2018 – 2023 (Unit) (USD Million) 84

10.4. Global CNG Cylinders Market Volume & Revenue, By Type, 2024 – 2032 (Unit) (USD Million) 84

10.5. Raw material 85

10.5.1. Global CNG Cylinders Market Volume & Revenue, By Raw material, 2018 – 2023 (Unit) (USD Million) 85

10.5.2. Global CNG Cylinders Market Volume & Revenue, By Raw material, 2024 – 2032 (Unit) (USD Million) 85

10.6. Vehicle Types 86

10.6.1. Global CNG Cylinders Market Volume & Revenue, By Vehicle Types, 2018 – 2023 (Unit) (USD Million) 86

10.6.2. Global CNG Cylinders Market Volume & Revenue, By Vehicle Types, 2024 – 2032 (Unit) (USD Million) 86

CHAPTER NO. 11 : CNG CYLINDERS MARKET – NORTH AMERICA 87

11.1. North America 87

11.1.1. Key Highlights 87

11.1.2. North America CNG Cylinders Market Volume, By Country, 2018 – 2032 (Unit) 88

11.1.3. North America CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 89

11.1.4. North America CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 90

11.1.5. North America CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 91

11.1.6. North America CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 92

11.1.7. North America CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 93

11.1.8. North America CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 94

11.1.9. North America CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 95

11.2. U.S. 96

11.3. Canada 96

11.4. Mexico 96

CHAPTER NO. 12 : CNG CYLINDERS MARKET – EUROPE 97

12.1. Europe 97

12.1.1. Key Highlights 97

12.1.2. Europe CNG Cylinders Market Volume, By Country, 2018 – 2032 (Unit) 98

12.1.3. Europe CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 99

12.1.4. Europe CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 100

12.1.5. Europe CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 101

12.1.6. Europe CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 102

12.1.7. Europe CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 103

12.1.8. Europe CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 104

12.1.9. Europe CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 105

12.2. UK 106

12.3. France 106

12.4. Germany 106

12.5. Italy 106

12.6. Spain 106

12.7. Russia 106

12.8. Belgium 106

12.9. Netherland 106

12.10. Austria 106

12.11. Sweden 106

12.12. Poland 106

12.13. Denmark 106

12.14. Switzerland 106

12.15. Rest of Europe 106

CHAPTER NO. 13 : CNG CYLINDERS MARKET – ASIA PACIFIC 107

13.1. Asia Pacific 107

13.1.1. Key Highlights 107

13.1.2. Asia Pacific CNG Cylinders Market Volume, By Country, 2018 – 2032 (Unit) 108

13.1.3. Asia Pacific CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 109

13.1.4. Asia Pacific CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 110

13.1.5. Asia Pacific CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 111

13.1.6. Asia Pacific CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 112

13.1.7. Asia Pacific CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 113

13.1.8. Asia Pacific CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 114

13.1.9. Asia Pacific CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 115

13.2. China 116

13.3. Japan 116

13.4. South Korea 116

13.5. India 116

13.6. Australia 116

13.7. Thailand 116

13.8. Indonesia 116

13.9. Vietnam 116

13.10. Malaysia 116

13.11. Philippines 116

13.12. Taiwan 116

13.13. Rest of Asia Pacific 116

CHAPTER NO. 14 : CNG CYLINDERS MARKET – LATIN AMERICA 117

14.1. Latin America 117

14.1.1. Key Highlights 117

14.1.2. Latin America CNG Cylinders Market Volume, By Country, 2018 – 2032 (Unit) 118

14.1.3. Latin America CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 119

14.1.4. Latin America CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 120

14.1.5. Latin America CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 121

14.1.6. Latin America CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 122

14.1.7. Latin America CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 123

14.1.8. Latin America CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 124

14.1.9. Latin America CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 125

14.2. Brazil 126

14.3. Argentina 126

14.4. Peru 126

14.5. Chile 126

14.6. Colombia 126

14.7. Rest of Latin America 126

CHAPTER NO. 15 : CNG CYLINDERS MARKET – MIDDLE EAST 127

15.1. Middle East 127

15.1.1. Key Highlights 127

15.1.2. Middle East CNG Cylinders Market Volume, By Country, 2018 – 2032 (Unit) 128

15.1.3. Middle East CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 129

15.1.4. Middle East CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 130

15.1.5. Middle East CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 131

15.1.6. Middle East CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 132

15.1.7. Middle East CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 133

15.1.8. Middle East CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 134

15.1.9. Middle East CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 135

15.2. UAE 136

15.3. KSA 136

15.4. Israel 136

15.5. Turkey 136

15.6. Iran 136

15.7. Rest of Middle East 136

CHAPTER NO. 16 : CNG CYLINDERS MARKET – AFRICA 137

16.1. Africa 137

16.1.1. Key Highlights 137

16.1.2. Africa CNG Cylinders Market Volume, By Country, 2018 – 2032 (Unit) 138

16.1.3. Africa CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 139

16.1.4. Africa CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 140

16.1.5. Africa CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 141

16.1.6. Africa CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 142

16.1.7. Africa CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 143

16.1.8. Africa CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 144

16.1.9. Africa CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 145

16.2. Egypt 146

16.3. Nigeria 146

16.4. Algeria 146

16.5. Morocco 146

16.6. Rest of Africa 146

CHAPTER NO. 17 : COMPANY PROFILES 147

17.1. Worthington Industries 147

17.1.1. Company Overview 147

17.1.2. Product Portfolio 147

17.1.3. Swot Analysis 147

17.1.4. Business Strategy 147

17.1.5. Financial Overview 148

17.2. Luxfer Group 149

17.3. Hexagon Composites ASA 149

17.4. Quantum Fuel Systems Technologies Worldwide Inc 149

17.5. Everest Kanto Cylinders Ltd. 149

17.6. Praxair Technologies Inc 149

17.7. Avanco Group 149

17.8. Beijing Tianhai Industry Co, Ltd 149

17.9. Lianyungang Zhongfu Lian Zhong Composites Group Co, Ltd 149

17.10. Faber Industries S.P.A 149

17.11. Ullit SA 149

CHAPTER NO. 18 : RESEARCH METHODOLOGY 150

18.1. Research Methodology 150

18.1.1. Phase I – Secondary Research 151

18.1.2. Phase II – Data Modeling 151

Company Share Analysis Model 152

Revenue Based Modeling 152

18.1.3. Phase III – Primary Research 153

18.1.4. Research Limitations 154

Assumptions 154

List of Figures

FIG NO. 1. Global CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 30

FIG NO. 2. Porter’s Five Forces Analysis for Global CNG Cylinders Market 37

FIG NO. 3. Company Share Analysis, 2023 38

FIG NO. 4. Company Share Analysis, 2023 39

FIG NO. 5. Company Share Analysis, 2023 39

FIG NO. 6. Company Share Analysis, 2023 39

FIG NO. 7. CNG Cylinders Market – Company Volume Market Share, 2023 41

FIG NO. 8. CNG Cylinders Market Volume Share, By Type, 2023 & 2032 47

FIG NO. 9. CNG Cylinders Market Revenue Share, By Type, 2023 & 2032 47

FIG NO. 10. Market Attractiveness Analysis, By Type 48

FIG NO. 11. Incremental Revenue Growth Opportunity by Type, 2024 – 2032 48

FIG NO. 12. CNG Cylinders Market Revenue, By Type, 2018, 2023, 2027 & 2032 49

FIG NO. 13. Global CNG Cylinders Market for Type 1, Volume & Revenue (Unit) (USD Million) 2018 – 2032 50

FIG NO. 14. Global CNG Cylinders Market for Type 2, Volume & Revenue (Unit) (USD Million) 2018 – 2032 52

FIG NO. 15. Global CNG Cylinders Market for Type 3, Volume & Revenue (Unit) (USD Million) 2018 – 2032 54

FIG NO. 16. Global CNG Cylinders Market for Type 4, Volume & Revenue (Unit) (USD Million) 2018 – 2032 56

FIG NO. 17. CNG Cylinders Market Volume Share, By Raw material, 2023 & 2032 59

FIG NO. 18. CNG Cylinders Market Revenue Share, By Raw material, 2023 & 2032 59

FIG NO. 19. Market Attractiveness Analysis, By Raw material 60

FIG NO. 20. Incremental Revenue Growth Opportunity by Raw material, 2024 – 2032 60

FIG NO. 21. CNG Cylinders Market Revenue, By Raw material, 2018, 2023, 2027 & 2032 61

FIG NO. 22. Global CNG Cylinders Market for Metals, Volume & Revenue (Unit) (USD Million) 2018 – 2032 62

FIG NO. 23. Global CNG Cylinders Market for Glass Fiber, Volume & Revenue (Unit) (USD Million) 2018 – 2032 64

FIG NO. 24. Global CNG Cylinders Market for Carbon Fiber, Volume & Revenue (Unit) (USD Million) 2018 – 2032 66

FIG NO. 25. CNG Cylinders Market Volume Share, By Vehicle Types, 2023 & 2032 69

FIG NO. 26. CNG Cylinders Market Revenue Share, By Vehicle Types, 2023 & 2032 69

FIG NO. 27. Market Attractiveness Analysis, By Vehicle Types 70

FIG NO. 28. Incremental Revenue Growth Opportunity by Vehicle Types, 2024 – 2032 70

FIG NO. 29. CNG Cylinders Market Revenue, By Vehicle Types, 2018, 2023, 2027 & 2032 71

FIG NO. 30. Global CNG Cylinders Market for Light duty vehicles, Volume & Revenue (Unit) (USD Million) 2018 – 2032 72

FIG NO. 31. Global CNG Cylinders Market for Medium duty vehicles, Volume & Revenue (Unit) (USD Million) 2018 – 2032 74

FIG NO. 32. Global CNG Cylinders Market for Heavy duty vehicles, Volume & Revenue (Unit) (USD Million) 2018 – 2032 76

FIG NO. 33. Global CNG Cylinders Market Volume Share, By Region, 2023 & 2032 79

FIG NO. 34. Global CNG Cylinders Market Revenue Share, By Region, 2023 & 2032 79

FIG NO. 35. Market Attractiveness Analysis, By Region 80

FIG NO. 36. Incremental Revenue Growth Opportunity by Region, 2024 – 2032 80

FIG NO. 37. CNG Cylinders Market Revenue, By Region, 2018, 2023, 2027 & 2032 81

FIG NO. 38. North America CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 86

FIG NO. 39. Europe CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 96

FIG NO. 40. Asia Pacific CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 106

FIG NO. 41. Latin America CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 116

FIG NO. 42. Middle East CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 126

FIG NO. 43. Africa CNG Cylinders Market Volume & Revenue, 2018 – 2032 (Unit) (USD Million) 136

FIG NO. 44. Research Methodology – Detailed View 149

FIG NO. 45. Research Methodology 150

List of Tables

TABLE NO. 1. : Global CNG Cylinders Market: Snapshot 25

TABLE NO. 2. : Drivers for the CNG Cylinders Market: Impact Analysis 30

TABLE NO. 3. : Restraints for the CNG Cylinders Market: Impact Analysis 32

TABLE NO. 4. : Global Type 1 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 48

TABLE NO. 5. : Global Type 1 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 48

TABLE NO. 6. : Global Type 2 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 50

TABLE NO. 7. : Global Type 2 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 50

TABLE NO. 8. : Global Type 3 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 52

TABLE NO. 9. : Global Type 3 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 52

TABLE NO. 10. : Global Type 4 CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 54

TABLE NO. 11. : Global Type 4 CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 54

TABLE NO. 12. : Global Metals CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 60

TABLE NO. 13. : Global Metals CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 60

TABLE NO. 14. : Global Glass Fiber CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 62

TABLE NO. 15. : Global Glass Fiber CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 62

TABLE NO. 16. : Global Carbon Fiber CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 64

TABLE NO. 17. : Global Carbon Fiber CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 64

TABLE NO. 18. : Global Light duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 70

TABLE NO. 19. : Global Light duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 70

TABLE NO. 20. : Global Medium duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 72

TABLE NO. 21. : Global Medium duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 72

TABLE NO. 22. : Global Heavy duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 74

TABLE NO. 23. : Global Heavy duty vehicles CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 74

TABLE NO. 24. : Global CNG Cylinders Market Volume & Revenue, By Region, 2018 – 2023 (Unit) (USD Million) 79

TABLE NO. 25. : Global CNG Cylinders Market Volume & Revenue, By Region, 2024 – 2032 (Unit) (USD Million) 79

TABLE NO. 26. : Global CNG Cylinders Market Volume & Revenue, By Type, 2018 – 2023 (Unit) (USD Million) 80

TABLE NO. 27. : Global CNG Cylinders Market Volume & Revenue, By Type, 2024 – 2032 (Unit) (USD Million) 80

TABLE NO. 28. : Global CNG Cylinders Market Volume & Revenue, By Raw material, 2018 – 2023 (Unit) (USD Million) 81

TABLE NO. 29. : Global CNG Cylinders Market Volume & Revenue, By Raw material, 2024 – 2032 (Unit) (USD Million) 81

TABLE NO. 30. : Global CNG Cylinders Market Volume & Revenue, By Vehicle Types, 2018 – 2023 (Unit) (USD Million) 82

TABLE NO. 31. : Global CNG Cylinders Market Volume & Revenue, By Vehicle Types, 2024 – 2032 (Unit) (USD Million) 82

TABLE NO. 32. : North America CNG Cylinders Market Volume, By Country, 2018 – 2023 (Unit) 84

TABLE NO. 33. : North America CNG Cylinders Market Volume, By Country, 2024 – 2032 (Unit) 84

TABLE NO. 34. : North America CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 85

TABLE NO. 35. : North America CNG Cylinders Market Revenue, By Country, 2024 – 2032 (USD Million) 85

TABLE NO. 36. : North America CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 86

TABLE NO. 37. : North America CNG Cylinders Market Volume, By Type, 2024 – 2032 (Unit) 86

TABLE NO. 38. : North America CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 87

TABLE NO. 39. : North America CNG Cylinders Market Revenue, By Type, 2024 – 2032 (USD Million) 87

TABLE NO. 40. : North America CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 88

TABLE NO. 41. : North America CNG Cylinders Market Volume, By Raw material, 2024 – 2032 (Unit) 88

TABLE NO. 42. : North America CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 89

TABLE NO. 43. : North America CNG Cylinders Market Revenue, By Raw material, 2024 – 2032 (USD Million) 89

TABLE NO. 44. : North America CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 90

TABLE NO. 45. : North America CNG Cylinders Market Volume, By Vehicle Types, 2024 – 2032 (Unit) 90

TABLE NO. 46. : North America CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 91

TABLE NO. 47. : North America CNG Cylinders Market Revenue, By Vehicle Types, 2024 – 2032 (USD Million) 91

TABLE NO. 48. : Europe CNG Cylinders Market Volume, By Country, 2018 – 2023 (Unit) 94

TABLE NO. 49. : Europe CNG Cylinders Market Volume, By Country, 2024 – 2032 (Unit) 94

TABLE NO. 50. : Europe CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 95

TABLE NO. 51. : Europe CNG Cylinders Market Revenue, By Country, 2024 – 2032 (USD Million) 95

TABLE NO. 52. : Europe CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 96

TABLE NO. 53. : Europe CNG Cylinders Market Volume, By Type, 2024 – 2032 (Unit) 96

TABLE NO. 54. : Europe CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 97

TABLE NO. 55. : Europe CNG Cylinders Market Revenue, By Type, 2024 – 2032 (USD Million) 97

TABLE NO. 56. : Europe CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 98

TABLE NO. 57. : Europe CNG Cylinders Market Volume, By Raw material, 2024 – 2032 (Unit) 98

TABLE NO. 58. : Europe CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 99

TABLE NO. 59. : Europe CNG Cylinders Market Revenue, By Raw material, 2024 – 2032 (USD Million) 99

TABLE NO. 60. : Europe CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 100

TABLE NO. 61. : Europe CNG Cylinders Market Volume, By Vehicle Types, 2024 – 2032 (Unit) 100

TABLE NO. 62. : Europe CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 101

TABLE NO. 63. : Europe CNG Cylinders Market Revenue, By Vehicle Types, 2024 – 2032 (USD Million) 101

TABLE NO. 64. : Asia Pacific CNG Cylinders Market Volume, By Country, 2018 – 2023 (Unit) 104

TABLE NO. 65. : Asia Pacific CNG Cylinders Market Volume, By Country, 2024 – 2032 (Unit) 104

TABLE NO. 66. : Asia Pacific CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 105

TABLE NO. 67. : Asia Pacific CNG Cylinders Market Revenue, By Country, 2024 – 2032 (USD Million) 105

TABLE NO. 68. : Asia Pacific CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 106

TABLE NO. 69. : Asia Pacific CNG Cylinders Market Volume, By Type, 2024 – 2032 (Unit) 106

TABLE NO. 70. : Asia Pacific CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 107

TABLE NO. 71. : Asia Pacific CNG Cylinders Market Revenue, By Type, 2024 – 2032 (USD Million) 107

TABLE NO. 72. : Asia Pacific CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 108

TABLE NO. 73. : Asia Pacific CNG Cylinders Market Volume, By Raw material, 2024 – 2032 (Unit) 108

TABLE NO. 74. : Asia Pacific CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 109

TABLE NO. 75. : Asia Pacific CNG Cylinders Market Revenue, By Raw material, 2024 – 2032 (USD Million) 109

TABLE NO. 76. : Asia Pacific CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 110

TABLE NO. 77. : Asia Pacific CNG Cylinders Market Volume, By Vehicle Types, 2024 – 2032 (Unit) 110

TABLE NO. 78. : Asia Pacific CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 111

TABLE NO. 79. : Asia Pacific CNG Cylinders Market Revenue, By Vehicle Types, 2024 – 2032 (USD Million) 111

TABLE NO. 80. : Latin America CNG Cylinders Market Volume, By Country, 2018 – 2023 (Unit) 114

TABLE NO. 81. : Latin America CNG Cylinders Market Volume, By Country, 2024 – 2032 (Unit) 114

TABLE NO. 82. : Latin America CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 115

TABLE NO. 83. : Latin America CNG Cylinders Market Revenue, By Country, 2024 – 2032 (USD Million) 115

TABLE NO. 84. : Latin America CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 116

TABLE NO. 85. : Latin America CNG Cylinders Market Volume, By Type, 2024 – 2032 (Unit) 116

TABLE NO. 86. : Latin America CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 117

TABLE NO. 87. : Latin America CNG Cylinders Market Revenue, By Type, 2024 – 2032 (USD Million) 117

TABLE NO. 88. : Latin America CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 118

TABLE NO. 89. : Latin America CNG Cylinders Market Volume, By Raw material, 2024 – 2032 (Unit) 118

TABLE NO. 90. : Latin America CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 119

TABLE NO. 91. : Latin America CNG Cylinders Market Revenue, By Raw material, 2024 – 2032 (USD Million) 119

TABLE NO. 92. : Latin America CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 120

TABLE NO. 93. : Latin America CNG Cylinders Market Volume, By Vehicle Types, 2024 – 2032 (Unit) 120

TABLE NO. 94. : Latin America CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 121

TABLE NO. 95. : Latin America CNG Cylinders Market Revenue, By Vehicle Types, 2024 – 2032 (USD Million) 121

TABLE NO. 96. : Middle East CNG Cylinders Market Volume, By Country, 2018 – 2023 (Unit) 124

TABLE NO. 97. : Middle East CNG Cylinders Market Volume, By Country, 2024 – 2032 (Unit) 124

TABLE NO. 98. : Middle East CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 125

TABLE NO. 99. : Middle East CNG Cylinders Market Revenue, By Country, 2024 – 2032 (USD Million) 125

TABLE NO. 100. : Middle East CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 126

TABLE NO. 101. : Middle East CNG Cylinders Market Volume, By Type, 2024 – 2032 (Unit) 126

TABLE NO. 102. : Middle East CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 127

TABLE NO. 103. : Middle East CNG Cylinders Market Revenue, By Type, 2024 – 2032 (USD Million) 127

TABLE NO. 104. : Middle East CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 128

TABLE NO. 105. : Middle East CNG Cylinders Market Volume, By Raw material, 2024 – 2032 (Unit) 128

TABLE NO. 106. : Middle East CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 129

TABLE NO. 107. : Middle East CNG Cylinders Market Revenue, By Raw material, 2024 – 2032 (USD Million) 129

TABLE NO. 108. : Middle East CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 130

TABLE NO. 109. : Middle East CNG Cylinders Market Volume, By Vehicle Types, 2024 – 2032 (Unit) 130

TABLE NO. 110. : Middle East CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 131

TABLE NO. 111. : Middle East CNG Cylinders Market Revenue, By Vehicle Types, 2024 – 2032 (USD Million) 131

TABLE NO. 112. : Africa CNG Cylinders Market Volume, By Country, 2018 – 2023 (Unit) 134

TABLE NO. 113. : Africa CNG Cylinders Market Volume, By Country, 2024 – 2032 (Unit) 134

TABLE NO. 114. : Africa CNG Cylinders Market Revenue, By Country, 2018 – 2023 (USD Million) 135

TABLE NO. 115. : Africa CNG Cylinders Market Revenue, By Country, 2024 – 2032 (USD Million) 135

TABLE NO. 116. : Africa CNG Cylinders Market Volume, By Type, 2018 – 2023 (Unit) 136

TABLE NO. 117. : Africa CNG Cylinders Market Volume, By Type, 2024 – 2032 (Unit) 136

TABLE NO. 118. : Africa CNG Cylinders Market Revenue, By Type, 2018 – 2023 (USD Million) 137

TABLE NO. 119. : Africa CNG Cylinders Market Revenue, By Type, 2024 – 2032 (USD Million) 137

TABLE NO. 120. : Africa CNG Cylinders Market Volume, By Raw material, 2018 – 2023 (Unit) 138

TABLE NO. 121. : Africa CNG Cylinders Market Volume, By Raw material, 2024 – 2032 (Unit) 138

TABLE NO. 122. : Africa CNG Cylinders Market Revenue, By Raw material, 2018 – 2023 (USD Million) 139

TABLE NO. 123. : Africa CNG Cylinders Market Revenue, By Raw material, 2024 – 2032 (USD Million) 139

TABLE NO. 124. : Africa CNG Cylinders Market Volume, By Vehicle Types, 2018 – 2023 (Unit) 140

TABLE NO. 125. : Africa CNG Cylinders Market Volume, By Vehicle Types, 2024 – 2032 (Unit) 140

TABLE NO. 126. : Africa CNG Cylinders Market Revenue, By Vehicle Types, 2018 – 2023 (USD Million) 141

TABLE NO. 127. : Africa CNG Cylinders Market Revenue, By Vehicle Types, 2024 – 2032 (USD Million) 141

Frequently Asked Questions:

What is the projected growth of the CNG cylinders market?

The CNG cylinders market is expected to grow from USD 1,982.30 million in 2023 to USD 4,868.89 million by 2032, with a CAGR of 10.50%.

What are the key factors driving the growth of the CNG cylinders market?

Key drivers include rising environmental awareness, government incentives for cleaner fuels, and technological advancements in CNG cylinder manufacturing.

Which region holds the largest market share in the CNG cylinders market?

Asia-Pacific dominates the market, accounting for approximately 45% of the global market share, driven by high adoption rates in countries like India and China.

What types of CNG cylinders are most popular in the market?

Type IV CNG cylinders, made from advanced composite materials, are increasingly popular due to their lightweight, high-capacity, and superior performance characteristics.

Purchase Options

Single User

$3699

Multi User

$4699

Custom Report

$6699

Request Free Sample

Have a question?

Don’t settle for less – trust Mitul to help you find the best solution.

Call: +91 6232 49 3207

EMAIL MITUL

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –