CNG, RNG, and Hydrogen Tanks Market

CNG, RNG, and Hydrogen Tanks Market by Gas Type (CNG, RNG, Hydrogen), Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Type 1, Type 2, Type 3, Type 4), Application (Fuel, Transportation), and Region - Global Forecast to 2026

Report Code: CH 7730 Oct, 2021, by marketsandmarkets.com

[235 Pages Report] The global CNG, RNG, and hydrogen tanks market size is projected to grow from USD 2.1 billion in 2021 to USD 3.4 billion by 2026, at a CAGR of 9.8%. The demand for alternative fuel vehicles, such as CNG, RNG, and hydrogen fuels, is expected to increase from the transportation industry due to the stringent environmental regulations, government incentives for alternate fuels and development in fuelling infrastructure. However, owing to COVID-19, the sales of natural and fuel cell vehicles has declined, resulting in reduced demand for CNG, RNG, and hydrogen tanks.

CNG, RNG, and Hydrogen Tanks Market

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Impact of COVID-19 on global CNG, RNG, and hydrogen tanks market

COVID-19 has negatively affected the demand for CNG, RNG, and hydrogen tanks across the globe due to decrease in natural gas and fuel cell electric vehicles. Also, the bulk transportation of CNG, RNG, and hydrogen tanks has decreased due to lockdown and travel bans. However, as per NGV database knowledge database, the impact of COVId-19 would be short term. The natural fuel demand would increase in the 2021, thereby triggering the demand for CNG, RNG, and hydrogen tanks.

Global CNG, RNG, and hydrogen tanks market Dynamics:

Drivers: Increasing tax incentives for CNG vehicles and infrastructure

The tax incentives have been increased or extended and increased in various regions, including APAC and North America. For instance, in May 2019, the government of the US, state of Oklahoma revised and approved its legislation concerning tax credits as they apply to Compressed Natural Gas (CNG) vehicles and their refueling. The tax was extended from January 1, 2020 to December 31, 2027. This will ensure that Oklahoma will consistently lead the country in supporting natural gas for vehicles as the best fuel option.  This will generate the demand for the company’s product and help to keep the environment clean by targeting the highest mileage and dirtiest vehicles, by provide economic benefit to the state and its constituents. Furthermore, in December 2019, the Indian Oil Ministry cut in GST on CNG vehicles to 5% from the current 28%, which indirectly helped the government to drive the popularity for gas vehicles. The main reason for the countries to increase tax incentives is to reduce the carbon dioxide (CO2) emissions as natural gases emit 25% less CO2 than petrol on every unit of energy produced. This has resulted in an increasing demand for CNG tanks.

Restraints: High cost of composite material tanks and regulatory approvals

The market for composites and end-use industries is competitive. In such a scenario, all decisions are governed by commercial considerations. The two most common commercial factors are capital expenditure (CAPEX) and operating expense (OPEX). The high price of raw material and high expenditure required during the manufacturing process results in decreased economies of scale. Therefore, a cost-effective design and production technology is desired to get the overall economies of scale. Carbon fiber and glass fiber are highly capital intensive, and many potential players are not motivated to enter the market due to the high cost of entry. The cost of carbon fiber and glass fiber, major raw materials for Type 3 and Type 4 CNG composite tanks, is very high, which eventually adds to the total cost of Type 3 and Type 4 CNG composite tanks. The identification and definition of low-cost technologies for the commercial production of low-cost carbon and glass fiber composites are among the critical issues for the manufacturers, globally.

A manufacturer needs to have a composite cylinder type approved by a regulatory body or an independent inspection authority. There are also certain standards that need to be conformed to, pertaining to the safety measures, to avoid human or property loss from blast accidents. However, such incidents occur mainly due to the use of substandard CNG cylinders and CNG kits in vehicles, which may hamper the demand and limit the growth of the CNG, RNG, and hydrogen tanks market. These factors may impact the CNG, RNG, and hydrogen tanks market, eventually.

Opportunities: Development of low-weight transportation tanks

Hydrogen-powered cars are similar to electric cars. They have electric motors that drive the wheels like an electric car but, the difference is in their batteries. In an electric car, electrical power is stored in a conventional battery, while in a hydrogen car, the electricity is stored in the form of hydrogen and converted into electricity, in a device known as a fuel cell. Currently, the cost of storage tanks for cars is very high, which limits the use of these cars. A 5-kg tank for a car costs around USD 4,000-4,500, which itself is a huge price addition to the total cost of the car. Research is ongoing for developing Class 4-cylinder tanks made from lightweight carbon fiber in which the cost is being optimized by lowering the pressure of the gas stored. The top players in the manufacturing of hydrogen storage tanks for cars are Luxfer Group (UK), Iljin (South Korea), Quantum Fuel System Technologies (US), and Hexagon Lincoln (US).

Challenges: Already well-established infrastructure for electric cars

Hydrogen-powered cars are more popular in countries, such as South Korea and Japan, where their respective governments have offered subsidies for these vehicles and have also provided finance for building the necessary infrastructure. Furthermore, in the US, there are incentives offered by the California State for the use of fuel-cell-powered vehicles. Although the hydrogen-powered cars may be a sustainable technology in the modern world, experts believe hydrogen needs to be developed from a natural gas source, which results in the use of fossil fuels, whereas electric cars rely on battery power and hence are greener as compared to hydrogen cars. However, efforts are being made to use hydrogen produced from renewable sources. Hydrogen-powered cars are three times less energy efficient, have less volumetric efficiency, and higher weight as compared to electric cars. The necessary infrastructure for refuelling the tanks is inadequate, which restrains the market growth. Industry experts believe that if the hydrogen technology does not become more refined globally during the forecast period, it may be substituted by electric cars. The companies in the fuel cell car market, such as Toyota and Hyundai & Honda, have already started to plan to develop electric vehicles in addition to the hydrogen-powered vehicles in case the latter technology gets phased out.

CNG tanks to account for the largest market share, in terms of value and volume

The CNG gas segment dominated the CNG, RNG, and hydrogen tanks market in terms of value and volume. This is because of rising awareness about CNG gas compared to others and the fact that usage of CNG in fuel tanks and transportation tanks is less hazardous compared to that of hydrogen gas. In 2020, the market size, in terms of value and volume of the gas type segment, is estimated to decrease due to the global impact of COVID-19. The discovery of COVID-19 has resulted in complete or partial lockdown in various major economies, namely; US, China, Germany, Japan, UK, India, and France. However, after 2021, it is estimated that the hydrogen gas segment would grow at the highest rate, in terms of volume, during the forecast period.

Metal accounted for the largest share in terms of value and volume

In terms of value and volume, the metal material market the CNG, RNG, and hydrogen tanks market in 2020. The technology for manufacturing metal-based CNG, RNG, and hydrogen tanks is well-established and comparatively cheaper than those of glass and carbon fiber-based tanks. Furthermore metal -based tanks offer various advantages, such as excellent durability, high stiffness, high toughness, and fatigue resistance.

Type 1 tanks accounted for the largest market share in terms of value and volume

The Type 1 cylinder segment dominated the CNG, RNG, and hydrogen tanks market in terms of value and volume in 2020 due to low cost and high demand from countries such as China, India, Pakistan, Brazil, Iran, and others.  However, type 4 CNG tanks are projected to account for the fastest-growing market at the highest CAGR because of their lightweight. The increasing environmental awareness, increasing pollution concerns, and need for light-weighted tanks are expected to push the Type 4 tanks market, globally.

CNG, RNG, and Hydrogen Tanks Market by Region

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APAC held the largest market share in the CNG, RNG, and hydrogen tanks market

APAC accounted for the largest share in the global CNG, RNG, and hydrogen tanks market due to high demand CNG tanks. The CNG tank manufacturing technology and CNG infrastructure is well developed in the APAC countries as compared with hydrogen and RNG. The number of CNG vehicles in countries such as China, India, Pakistan, Thailand is increasing significantly backed by government support and incentives.

Key Market Players

The key players in the global composites market are Worthington Industries, Inc. (US), Faber Industrie, SpA (Italy), Luxfer Group (UK), Hexagon Composites ASA (Norway), Everest Kanto Cylinders Ltd. (India).

These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the composites industry. The study includes an in-depth competitive analysis of these key players in the CNG, RNG, and hydrogen tanks market, with their company profiles, recent developments, and key market strategies. 

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Scope of the Report

Report Metric

Details

Years considered for the study

2018–2026

Base year

2020

Forecast period

2021–2026

Units considered

Value (USD Million), Volume (Thousand Unit)

Segments

Gas Type, Material Type, Tank Type, Application and Region

Regions

Europe, North America, APAC, MEA, and Latin America

Companies

Worthington Industries, Inc. (US), Luxfer Group (UK), Hexagon Composites ASA (Norway), Quantum Fuel Systems LLC. (US), Everest Kanto Cylinders Ltd. (India), Praxair Technologies Inc. (US), Avanco Group (Germany), Xinyi Beijing Tianhai Industry Co. Ltd. (China), Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. (China), Faber Industrie SpA (Italy)

This research report categorizes the CNG, RNG, and hydrogen tanks market based on gas type, material type, tank type, application, and region.

By Gas Type:

  • Compressed Natural Gas (CNG)
  • Hydrogen
  • Renewable Natural Gas (RNG)

By Material Type:

  • Metal
  • Carbon Fiber
  • Glass Fiber

By Tank Type:

  • Type 1
  • Type 2
  • Type 3
  • Type 4

By Application:

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Recent Developments

  • In March 2021, Luxfer Group completed the acquisition of SCI (Structural Composites Industries, which is a business u of Worthington Industries). This acquisition is aimed to enhance the capabilities of the hydrogen and CNG gas businesses of Luxfer Group.
  • In January 2021, Worthington Industries, Inc. announced the acquisition of PTEC Pressure Technology GmbH. This acquisition is expected to develop the system capabilities of Worthington Industries, Inc.
  • In July 2020, Hexagon Purus received the first contract from a major US hydrogen fuel supplier to provide hydrogen transport modules in the US. The purchased transport modules are composed of Hexagon’s proprietary, lightweight, Type 4, 500 bar pressure vessels.
  • In April 2019, Faber Industries SpA has achieved 0.75 kg/l for CNG Type 1 cylinders by using advanced steel grade. The typical type 1 Faber’s cylinder has a weight efficiency of 0.84 kg/l. This has become the world’s most appreciated and adopted product in CNG vehicles market.
  • In April 2018, Worthington Industries introduced two new CNG fuel system products for medium and heavy truck markets. These additions further expand one of the widest CNG fuel system portfolios in the medium and heavy-duty markets.
  • In June 2017, Worthington Industries acquired Amtrol, a leading manufacturer of pressure cylinders and water system tanks. This acquisition has strengthened Worthington’s industrial gas and consumer products businesses and complements the refrigerant cylinder manufacturing capabilities.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 36)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
           FIGURE 1 CNG, RNG, AND HYDROGEN TANKS MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 LIMITATIONS
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 41)
    2.1 BASE NUMBER CALCULATION
           2.1.1 SUPPLY-SIDE ANALYSIS
           2.1.2 DEMAND-SIDE APPROACH
    2.2 FORECAST NUMBER CALCULATION
           2.2.1 SUPPLY SIDE
           2.2.2 DEMAND SIDE
    2.3 RESEARCH DATA
           2.3.1 SECONDARY DATA
           2.3.2 PRIMARY DATA
                    2.3.2.1 Primary interviews – top CNG, RNG, and hydrogen tank manufacturers
                    2.3.2.2 Breakdown of primary interviews
                    2.3.2.3 Key industry insights
    2.4 MARKET SIZE ESTIMATION
           2.4.1 BOTTOM-UP APPROACH
                    FIGURE 2 CNG, RNG, AND HYDROGEN TANKS MARKET: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 3 CNG, RNG, AND HYDROGEN TANKS MARKET: TOP-DOWN APPROACH
    2.5 DATA TRIANGULATION
           FIGURE 4 CNG, RNG, AND HYDROGEN TANKS MARKET: DATA TRIANGULATION
    2.6 FACTOR ANALYSIS
    2.7 ASSUMPTIONS
    2.8 LIMITATIONS & RISKS

3 EXECUTIVE SUMMARY (Page No. - 48)
    FIGURE 5 CNG WAS THE LARGEST SEGMENT OF THE CNG, RNG, AND HYDROGEN TANKS MARKET IN 2020
    FIGURE 6 CARBON FIBER-BASED CNG, RNG, AND HYDROGEN TANKS TO REGISTER THE HIGHEST CAGR
    FIGURE 7 FUEL TANK APPLICATION DOMINATED THE MARKET IN 2020
    FIGURE 8 TYPE 1 SEGMENT DOMINATED THE MARKET IN 2020
    FIGURE 9 APAC LED THE CNG, RNG, AND HYDROGEN TANKS MARKET IN 2020

4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, 2026, BY VOLUME
           FIGURE 10 SIGNIFICANT GROWTH EXPECTED IN THE GLOBAL MARKET BETWEEN 2021 AND 2026
    4.2 CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE AND REGION, 2020
           FIGURE 11 TYPE 1 SEGMENT AND APAC ACCOUNTED FOR THE LARGEST SHARES
    4.3 CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL, 2020
           FIGURE 12 METAL SEGMENT DOMINATED THE MARKET
    4.4 CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION, 2020
           FIGURE 13 FUEL TANK APPLICATION DOMINATED THE MARKET
    4.5 CNG, RNG AND HYDROGEN TRANSPORTATION TANKS MARKET, BY GAS TYPE, 2020
           FIGURE 14 CNG DOMINATED THE MARKET
    4.6 CNG TANKS MARKET GROWTH, BY KEY COUNTRIES
           FIGURE 15 INDIA TO BE THE FASTEST-GROWING CNG TANKS MARKET, (2021–2026)

5 MARKET OVERVIEW (Page No. - 56)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE CNG, RNG AND HYDROGEN TANKS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing use of natural gas in the automotive industry
                               5.2.1.1.1 Global natural gas vehicle statistics
                                              TABLE 1 GLOBAL SALES OF NG VEHICLES, BY REGION
                                              TABLE 2 PERCENTAGE SHARE OF COUNTRIES IN THE GLOBAL NGV MARKET
                               5.2.1.1.2 Automobile manufacturers’ future action plans
                    5.2.1.2 Increasing tax incentives for CNG vehicles and infrastructure
                    5.2.1.3 Increased demand for CNG, RNG, LNG, and hydrogen tanks in North America and Europe 59
                                TABLE 3 INCREASE IN CNG/LNG VEHICLES AND INFRASTRUCTURE IN EUROPE
                    5.2.1.4 Growing demand for CNG, RNG, LNG, and hydrogen tanks from APAC
                    5.2.1.5 Rising environmental awareness to increase natural gas demand
                                TABLE 4 GLOBAL SALES OF NG VEHICLES BY REGION
           5.2.2 RESTRAINTS
                    5.2.2.1 Limited availability of hydrogen and CNG refueling infrastructure in developed economies
                    5.2.2.2 High cost of composite material-based tanks and regulatory approvals
                    5.2.2.3 Decrease in demand for CNG, RNG, and hydrogen tanks due to the COVID-19 pandemic 62
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Emergence of lightweight composite material-based CNG cylinders
                    5.2.3.2 Development of lightweight transportation tanks
           5.2.4 CHALLENGES
                    5.2.4.1 Impact of fluctuating oil prices on the CNG, RNG, and hydrogen tanks market
                    5.2.4.2 Development of electric cars
    5.3 INDUSTRY TRENDS
          FIGURE 17 CNG, RNG, AND HYDROGEN TANKS MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF BUYERS
           5.3.4 BARGAINING POWER OF SUPPLIERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 5 CNG, RNG, AND HYDROGEN TANKS MARKET: PORTER’S FIVE FORCES ANALYSIS
    5.4 VALUE CHAIN ANALYSIS
    5.5 REGULATIONS AND INCENTIVES CAUSING THE SHIFT FROM CONVENTIONAL FUELS
           5.5.1 INCENTIVES
                    TABLE 6 SUBSIDIES/ DISCOUNTS GIVEN ON THE PURCHASE OF NG-BASED VEHICLES
           5.5.2 REGULATIONS
                    TABLE 7 ENVIRONMENTAL REGULATIONS PERTAINING TO LIGHT VEHICLE EMISSIONS
    5.6 IMPACT OF COVID-19
           5.6.1 IMPACT OF COVID-19 ON THE CNG, RNG, AND HYDROGEN TANKS MARKET
    5.7 CNG, RNG, AND HYDROGEN TANKS MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS
           TABLE 8 CNG, RNG, AND HYDROGEN TANKS MARKET: CAGR (BY VALUE) IN REALISTIC, PESSIMISTIC, AND OPTIMISTIC SCENARIOS
           5.7.1 OPTIMISTIC SCENARIO
           5.7.2 PESSIMISTIC SCENARIO
           5.7.3 REALISTIC SCENARIO
    5.8 TECHNOLOGY ANALYSIS
    5.9 ECOSYSTEM: CNG, RNG, AND HYDROGEN TANKS MARKET
    5.10 SUPPLY CHAIN ANALYSIS
    5.11 PRICING ANALYSIS
    5.12 AVERAGE SELLING PRICE
           FIGURE 19 CNG, RNG, AND HYDROGEN TANKS’ AVERAGE SELLING PRICE, BY REGION
    5.13 KEY MARKETS FOR IMPORT/EXPORT
    5.14 IMPORT TARIFF IN EUROPE
    5.15 IMPORT TARIFF IN US
    5.16 EXPORT DATA FOR INDIA
           FIGURE 20 INDIA: EXPORT DATA FOR CNG CYLINDERS
    5.17 CASE STUDY ANALYSIS
    5.18 TARIFF AND REGULATIONS
           TABLE 9 CURRENT STANDARD CODES FOR CNG, LNG, AND HYDROGEN CYLINDERS
    5.19 PATENT ANALYSIS
           5.19.1 INTRODUCTION
           5.19.2 METHODOLOGY
           5.19.3 DOCUMENT TYPE
                     TABLE 10 THE GRANTED PATENTS WERE 19 % OF THE TOTAL COUNT IN THE LAST 10 YEARS.
                     FIGURE 21 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE, 2010–2020
                     FIGURE 22 PUBLICATION TRENDS, 2010–2020
           5.19.4 INSIGHTS
                     FIGURE 23 LEGAL STATUS OF PATENTS
                     FIGURE 24 PATENT JURISDICTION ANALYSIS, 2020
           5.19.5 TOP APPLICANTS OF PATENTS
                     FIGURE 25 TOP APPLICANTS OF PATENTS
           5.19.6 PATENTS BY HEIL CO.
           5.19.7 PATENTS BY OSHKOSH CORPORATION
           5.19.8 PATENTS BY DSM IP ASSETS B.V.
           5.19.9 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS
    5.20 IMPACT ON CUSTOMERS’ BUSINESS
           FIGURE 26 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS- GOOD EXAMPLE

6 CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE (Page No. - 82)
    6.1 INTRODUCTION
          FIGURE 27 CNG GAS SEGMENT TO LEAD THE CNG, RNG, AND HYDROGEN TANKS MARKET
          TABLE 11 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
          TABLE 12 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
          TABLE 13 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
          TABLE 14 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
    6.2 CNG
           6.2.1 CNG REDUCES CARBON MONOXIDE EMISSIONS BY 90%-97%
                    FIGURE 28 DEMAND FOR CNG TO BE HIGHEST IN APAC
                    TABLE 15 CNG TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 16 CNG TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 17 CNG TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 18 CNG TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
                    TABLE 19 CNG TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 20 CNG TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                    TABLE 21 CNG TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    TABLE 22 CNG TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
    6.3 HYDROGEN
           6.3.1 HYDROGEN IS THE LIGHTEST AND MOST ABUNDANT GAS
                    TABLE 23 HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 24 HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 25 HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 26 HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
                    TABLE 27 HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 28 HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                    TABLE 29 HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    TABLE 30 HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
    6.4 RNG
           6.4.1 RNG IS A QUALIFIED BIOFUEL UNDER THE RENEWABLE FUEL STANDARD
                    TABLE 31 RNG TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 32 RNG TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 33 RNG TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 34 RNG TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
                    TABLE 35 RNG TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 36 RNG TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                    TABLE 37 RNG TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                    TABLE 38 RNG TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)

7 CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL (Page No. - 94)
    7.1 INTRODUCTION
          FIGURE 29 METAL SEGMENT TO LEAD THE CNG, RNG, AND HYDROGEN TANKS MARKET
          TABLE 39 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (USD MILLION)
          TABLE 40 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (THOUSAND UNIT)
          TABLE 41 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (USD MILLION)
          TABLE 42 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (THOUSAND UNIT)
    7.2 METAL
           7.2.1 METAL IS THE CHEAPEST RAW MATERIAL
                    FIGURE 30 DEMAND FOR METAL TO BE HIGHEST IN APAC
                    TABLE 43 METAL TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 44 METAL TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 45 METAL TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 46 METAL TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
    7.3 GLASS FIBER
           7.3.1 GLASS FIBER COMPOSITE RAW MATERIALS ARE 15%- 20% LIGHTER THAN TRADITIONAL STEEL
                    TABLE 47 GLASS FIBER TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 48 GLASS FIBER TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 49 GLASS FIBER TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 50 GLASS FIBER TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
    7.4 CARBON FIBER
           7.4.1 CARBON FIBER RAW MATERIALS ARE USUALLY USED IN HIGH-VALUE APPLICATIONS
                    TABLE 51 CARBON FIBER TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 52 CARBON FIBER TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 53 CARBON FIBER TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 54 CARBON FIBER TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)

8 CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE (Page No. - 103)
    8.1 INTRODUCTION
          FIGURE 31 TYPE 1 CYLINDER SEGMENT TO DOMINATE THE CNG, RNG, AND HYDROGEN TANKS MARKET
          TABLE 55 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (USD MILLION)
          TABLE 56 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (THOUSAND UNIT)
          TABLE 57 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (USD MILLION)
          TABLE 58 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (THOUSAND UNIT)
    8.2 TYPE 1
           8.2.1 FUEL TANK APPLICATION DRIVING THE USE OF TYPE 1 CYLINDER TANKS
                    FIGURE 32 DEMAND FOR TYPE 1 CYLINDER TANK TO BE HIGHEST IN APAC
                    TABLE 59 TYPE 1: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 60 TYPE 1: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 61 TYPE 1: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 62 TYPE 1: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
    8.3 TYPE 2
           8.3.1 INCREASING DEMAND FROM APPLICATIONS FOR TYPE 2 TANKS DUE TO THEIR LIGHT-WEIGHT PROPERTY
                    TABLE 63 TYPE 2: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 64 TYPE 2: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 65 TYPE 2: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 66 TYPE 2: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
    8.4 TYPE 3
           8.4.1 TYPE 3 CYLINDERS HAVE HIGH STRENGTH AND EXTRA IMPACT RESISTANCE
                    TABLE 67 TYPE 3: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 68 TYPE 3: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 69 TYPE 3: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 70 TYPE 3: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
    8.5 TYPE 4
           8.5.1 TYPE 4 CYLINDERS ARE THE LIGHTEST BUT ALSO COSTLY
                    TABLE 71 TYPE 4: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 72 TYPE 4: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2025 (THOUSAND UNIT)
                    TABLE 73 TYPE 4: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 74 TYPE 4: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)

9 CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION (Page No. - 114)
    9.1 INTRODUCTION
          FIGURE 33 FUEL TANK APPLICATION TO DOMINATE THE CNG, RNG, AND HYDROGEN TANKS MARKET
          TABLE 75 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
          TABLE 76 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
          TABLE 77 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
          TABLE 78 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
    9.2 FUEL TANK
           9.2.1 DURABLE, CHEAPER, WITH LOWER CO2 EMISSION
           9.2.2 LIGHT-DUTY VEHICLES
           9.2.3 MEDIUM-DUTY VEHICLES
           9.2.4 HEAVY-DUTY VEHICLES
                    TABLE 79 NUMBER OF NGVS AND FUELING STATIONS, TOP 10 COUNTRIES, 2018
                    TABLE 80 NUMBER OF FCEVS, BY REGION, 2019
                    FIGURE 34 DEMAND FOR FUEL TANKS TO BE HIGHEST IN APAC
                    TABLE 81 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 82 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 83 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 84 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
                    TABLE 85 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                    TABLE 86 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                    TABLE 87 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                    TABLE 88 FUEL TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
    9.3 TRANSPORTATION TANK
           9.3.1 USE OF TYPE 3 AND TYPE 4 TANKS TO RESULT IN SIGNIFICANT WEIGHT REDUCTION OF TANKS
                    TABLE 89 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 90 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
                    TABLE 91 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 92 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
                    TABLE 93 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                    TABLE 94 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                    TABLE 95 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                    TABLE 96 TRANSPORTATION TANK: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)

10 CNG, RNG, AND HYDROGEN TANKS MARKET, BY REGION (Page No. - 125)
     10.1 INTRODUCTION
             FIGURE 35 INDIA TO BE THE FASTEST-GROWING CNG TANKS MARKET
             TABLE 97 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
             TABLE 98 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2018–2020 (THOUSAND UNIT)
             TABLE 99 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
             TABLE 100 CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNIT)
     10.2 NORTH AMERICA
             FIGURE 36 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SNAPSHOT
             10.2.1 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION
                        TABLE 101 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 102 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                        TABLE 103 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                        TABLE 104 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
             10.2.2 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE
                        TABLE 105 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (USD MILLION)
                        TABLE 106 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 107 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (USD MILLION)
                        TABLE 108 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (THOUSAND UNIT)
             10.2.3 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE
                        TABLE 109 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                        TABLE 110 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 111 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                        TABLE 112 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
             10.2.4 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL
                        TABLE 113 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (USD MILLION)
                        TABLE 114 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (THOUSAND UNIT)
                        TABLE 115 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (USD MILLION)
                        TABLE 116 NORTH AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (THOUSAND UNIT)
             10.2.5 NORTH AMERICA: CNG TANKS MARKET, BY COUNTRY
                        TABLE 117 NORTH AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 118 NORTH AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 119 NORTH AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 120 NORTH AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.2.6 NORTH AMERICA: RNG TANKS MARKET, BY COUNTRY
                        TABLE 121 NORTH AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 122 NORTH AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 123 NORTH AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 124 NORTH AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.2.7 NORTH AMERICA: HYDROGEN TANKS MARKET, BY COUNTRY
                        TABLE 125 NORTH AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 126 NORTH AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 127 NORTH AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 128 NORTH AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
                        10.2.7.1 US
                                     10.2.7.1.1 Presence of major CNG, RNG, and hydrogen tank manufacturers driving the market
             10.2.8 US: CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE
                        TABLE 129 US: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                        TABLE 130 US: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 131 US: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                        TABLE 132 US: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
                        10.2.8.1 Canada
                                     10.2.8.1.1 Increasing tax incentives for NGVs to support market growth
                                                     TABLE 133 CANADA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                                                     TABLE 134 CANADA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                                                     TABLE 135 CANADA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                                                     TABLE 136 CANADA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
     10.3 APAC
             FIGURE 37 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SNAPSHOT
             10.3.1 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION
                        TABLE 137 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 138 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                        TABLE 139 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                        TABLE 140 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
             10.3.2 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE
                        TABLE 141 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (USD MILLION)
                        TABLE 142 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 143 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (USD MILLION)
                        TABLE 144 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (THOUSAND UNIT)
             10.3.3 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE
                        TABLE 145 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                        TABLE 146 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 147 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                        TABLE 148 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
             10.3.4 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL
                        TABLE 149 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (USD MILLION)
                        TABLE 150 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (THOUSAND UNIT)
                        TABLE 151 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (USD MILLION)
                        TABLE 152 APAC: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (THOUSAND UNIT)
             10.3.5 APAC: CNG TANKS MARKET, BY COUNTRY
                        TABLE 153 APAC: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 154 APAC: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 155 APAC: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 156 APAC: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.3.6 APAC: RNG TANKS MARKET, BY COUNTRY
                        TABLE 157 APAC: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 158 APAC: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 159 APAC: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 160 APAC: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.3.7 APAC: HYDROGEN TANKS MARKET, BY COUNTRY
                        TABLE 161 APAC: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 162 APAC: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 163 APAC: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 164 APAC: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
                        10.3.7.1 China
                                     10.3.7.1.1 Automotive industry to support market growth
                        10.3.7.2 Pakistan
                                     10.3.7.2.1 Government initiatives to increase the demand for natural gas
                        10.3.7.3 India
                                     10.3.7.3.1 Low running cost and eco-friendliness of CNG to drive the market
                        10.3.7.4 Thailand
                                     10.3.7.4.1 Infrastructure constraints to drive the market
                        10.3.7.5 Rest of APAC
     10.4 EUROPE
             FIGURE 38 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SNAPSHOT
             10.4.1 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION
                        TABLE 165 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 166 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                        TABLE 167 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                        TABLE 168 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
             10.4.2 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE
                        TABLE 169 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (USD MILLION)
                        TABLE 170 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 171 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (USD MILLION)
                        TABLE 172 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (THOUSAND UNIT)
             10.4.3 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE
                        TABLE 173 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                        TABLE 174 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 175 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                        TABLE 176 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
             10.4.4 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL
                        TABLE 177 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (USD MILLION)
                        TABLE 178 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (THOUSAND UNIT)
                        TABLE 179 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (USD MILLION)
                        TABLE 180 EUROPE: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (THOUSAND UNIT)
             10.4.5 EUROPE: CNG TANKS MARKET, BY COUNTRY
                        TABLE 181 EUROPE: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 182 EUROPE: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 183 EUROPE: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 184 EUROPE: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.4.6 EUROPE: RNG TANKS MARKET, BY COUNTRY
                        TABLE 185 EUROPE: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 186 EUROPE: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 187 EUROPE: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 188 EUROPE: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.4.7 EUROPE: HYDROGEN TANKS MARKET, BY COUNTRY
                        TABLE 189 EUROPE: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 190 EUROPE: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 191 EUROPE: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 192 EUROPE: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
                        10.4.7.1 Germany
                                     10.4.7.1.1 German government has made CNG prices competitive by lowering tax rates
                        10.4.7.2 France
                                     10.4.7.2.1 Increased use of natural gas-driven fuel tanks has increased the demand for CNG tanks
                        10.4.7.3 UK
                                     10.4.7.3.1 Huge investments by the UK government for increasing hydrogen production
                        10.4.7.4 Spain
                                     10.4.7.4.1 Increasing demand from NGVs to boost the market
                        10.4.7.5 Italy
                                     10.4.7.5.1 Italy leads the European CNG tanks market
                        10.4.7.6 Russia
                                     10.4.7.6.1 Highly focused on increasing the use of CNG tanks
                        10.4.7.7 Sweden
                                     10.4.7.7.1 Income tax reduction for the use of CNG vehicles
                        10.4.7.8 Ukraine
                                     10.4.7.8.1 Ukraine has the second position in the regional CNG tanks market
                        10.4.7.9 Armenia
                                     10.4.7.9.1 Armenia has the third position in the regional CNG tanks market
                        10.4.7.10 Bulgaria
                                     10.4.7.10.1 Increasing demand for CNG-driven vehicles to support market growth
                        10.4.7.11 Switzerland
                                     10.4.7.11.1 Bi-fuel vehicles to generate demand for CNG and RNG tanks in the country
                        10.4.7.12 Austria
                                     10.4.7.12.1 Initiative taken to promote CNG as a fuel for commuting to drive the market
                        10.4.7.13 Netherlands
                                     10.4.7.13.1 Increasing demand for clean fuel cars to drive the market in the country
                        10.4.7.14 Rest of Europe
     10.5 MIDDLE EAST & AFRICA (MEA)
             10.5.1 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION
                        TABLE 193 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 194 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                        TABLE 195 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                        TABLE 196 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
             10.5.2 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE
                        TABLE 197 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (USD MILLION)
                        TABLE 198 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 199 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (USD MILLION)
                        TABLE 200 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (THOUSAND UNIT)
             10.5.3 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE
                        TABLE 201 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                        TABLE 202 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 203 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                        TABLE 204 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
             10.5.4 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL
                        TABLE 205 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (USD MILLION)
                        TABLE 206 MEA CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (THOUSAND UNIT)
                        TABLE 207 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (USD MILLION)
                        TABLE 208 MEA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (THOUSAND UNIT)
             10.5.5 MEA: CNG TANKS MARKET, BY COUNTRY
                        TABLE 209 MEA: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 210 MEA: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 211 MEA: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 212 MEA: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.5.6 MEA: HYDROGEN TANKS MARKET, BY COUNTRY
                        TABLE 213 MEA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 214 MEA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 215 MEA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 216 MEA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
                        10.5.6.1 Iran
                                     10.5.6.1.1 Five-year investment plan to promote the use of NGVs to boost the market
                        10.5.6.2 Uzbekistan
                                     10.5.6.2.1 The country ranks eighth in the global NGVs market
                        10.5.6.3 Rest of MEA
     10.6 LATIN AMERICA
             10.6.1 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY APPLICATION
                        TABLE 217 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (USD MILLION)
                        TABLE 218 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2018–2020 (THOUSAND UNIT)
                        TABLE 219 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                        TABLE 220 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNIT)
             10.6.2 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY TANK TYPE
                        TABLE 221 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (USD MILLION)
                        TABLE 222 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 223 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (USD MILLION)
                        TABLE 224 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY TANK TYPE, 2021–2026 (THOUSAND UNIT)
             10.6.3 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY GAS TYPE
                        TABLE 225 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (USD MILLION)
                        TABLE 226 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2018–2020 (THOUSAND UNIT)
                        TABLE 227 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (USD MILLION)
                        TABLE 228 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY GAS TYPE, 2021–2026 (THOUSAND UNIT)
             10.6.4 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET, BY MATERIAL
                        TABLE 229 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (USD MILLION)
                        TABLE 230 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2018–2020 (THOUSAND UNIT)
                        TABLE 231 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (USD MILLION)
                        TABLE 232 LATIN AMERICA: CNG, RNG, AND HYDROGEN TANKS MARKET SIZE, BY MATERIAL, 2021–2026 (THOUSAND UNIT)
             10.6.5 LATIN AMERICA: CNG TANKS MARKET, BY COUNTRY
                        TABLE 233 LATIN AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 234 LATIN AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 235 LATIN AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 236 LATIN AMERICA: CNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.6.6 LATIN AMERICA: RNG TANKS MARKET, BY COUNTRY
                        TABLE 237 LATIN AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 238 LATIN AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 239 LATIN AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 240 LATIN AMERICA: RNG TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
             10.6.7 LATIN AMERICA: HYDROGEN TANKS MARKET, BY COUNTRY
                        TABLE 241 LATIN AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 242 LATIN AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2018–2020 (THOUSAND UNIT)
                        TABLE 243 LATIN AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
                        TABLE 244 LATIN AMERICA: HYDROGEN TANKS MARKET SIZE, BY COUNTRY, 2021–2026 (THOUSAND UNIT)
                        10.6.7.1 Brazil
                                     10.6.7.1.1 Government support for buying CNG conversion kits to boost the market
                        10.6.7.2 Argentina
                                     10.6.7.2.1 Strengthening of refueling network to propel the market
                        10.6.7.3 Rest of Latin America

11 COMPETITIVE LANDSCAPE (Page No. - 187)
     11.1 INTRODUCTION
     11.2 MARKET SHARE ANALYSIS
             FIGURE 39 MARKET SHARE OF TOP COMPANIES IN THE CNG, RNG, AND HYDROGEN TANKS MARKET
             TABLE 245 DEGREE OF COMPETITION: CNG, RNG, AND HYDROGEN TANKS MARKET
     11.3 MARKET RANKING
             FIGURE 40 RANKING OF TOP FIVE PLAYERS IN THE CNG, RNG, AND HYDROGEN TANKS MARKET
     11.4 MARKET EVALUATION FRAMEWORK
             TABLE 246 CNG, RNG, AND HYDROGEN TANKS MARKET: DEALS, 2016-2021
             TABLE 247 CNG, RNG, AND HYDROGEN TANKS MARKET: OTHERS, 2016-2021
     11.5 REVENUE ANALYSIS OF TOP MARKET PLAYERS
     11.6 COMPANY EVALUATION MATRIX
             TABLE 248 COMPANY PRODUCT FOOTPRINT
             TABLE 249 COMPANY END-USE APPLICATION FOOTPRINT
             TABLE 250 COMPANY REGION FOOTPRINT
             11.6.1 STAR
             11.6.2 PERVASIVE
             11.6.3 PARTICIPANTS
             11.6.4 EMERGING LEADERS
                        FIGURE 41 CNG, RNG, AND HYDROGEN TANKS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2020
             11.6.5 STRENGTH OF PRODUCT PORTFOLIO
                        FIGURE 42 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN THE CNG, RNG, AND HYDROGEN TANKS MARKET
             11.6.6 BUSINESS STRATEGY EXCELLENCE
                        FIGURE 43 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN THE CNG, RNG, AND HYDROGEN TANKS MARKET
     11.7 START-UP/ SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
             11.7.1 PROGRESSIVE COMPANIES
             11.7.2 RESPONSIVE COMPANIES
             11.7.3 DYNAMIC COMPANIES
             11.7.4 STARTING BLOCKS
                        FIGURE 44 CNG, RNG, AND HYDROGEN TANKS MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2020

12 COMPANY PROFILES (Page No. - 199)
     12.1 KEY COMPANIES
(Business Overview, Products Offered, New product development, Deals, MnM View, Right to win, Strategic choices made, Weakness and competitive threats)*
             12.1.1 WORTHINGTON INDUSTRIES, INC.
                        TABLE 251 WORTHINGTON INDUSTRIES, INC.: BUSINESS OVERVIEW
                        FIGURE 45 WORTHINGTON INDUSTRIES, INC.: COMPANY SNAPSHOT
             12.1.2 LUXFER GROUP
                        TABLE 252 LUXFER GROUP: BUSINESS OVERVIEW
                        FIGURE 46 LUXFER GROUP: COMPANY SNAPSHOT
             12.1.3 HEXAGON COMPOSITES ASA
                        TABLE 253 HEXAON COMPOSITES ASA: BUSINESS OVERVIEW
                        FIGURE 47 HEXAGON COMPOSITES ASA: COMPANY SNAPSHOT
             12.1.4 QUANTUM FUEL SYSTEMS LLC.
                        TABLE 254 QUANTUM FUEL SYSTEMS LLC.: BUSINESS OVERVIEW
             12.1.5 EVEREST KANTO CYLINDERS LTD.
                        TABLE 255 EVEREST KANTO CYLINDERS LTD.: BUSINESS OVERVIEW
                        FIGURE 48 EVEREST KANTO CYLINDERS LTD.: COMPANY SNAPSHOT
             12.1.6 PRAXAIR TECHNOLOGIES INC.
                        TABLE 256 PRAXAIR TECHNOLOGIES INC.: BUSINESS OVERVIEW
             12.1.7 AVANCO GROUP
                        TABLE 257 AVANCO GROUP: BUSINESS OVERVIEW
             12.1.8 BEIJING TIANHAI INDUSTRY CO. LTD.
                        TABLE 258 BEIJING TIANHAI INDUSTRY CO. LTD.: BUSINESS OVERVIEW
             12.1.9 LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES GROUP CO. LTD.
                        TABLE 259 LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES GROUP CO. LTD.: BUSINESS OVERVIEW
             12.1.10 FABER INDUSTRIE SPA
                        TABLE 260 FABER INDUSTRIE SPA: BUSINESS OVERVIEW
             12.1.11 COMPOSITES ADVANCED TECHNOLOGIES, LLC. (CATEC GASES)
                        TABLE 261 COMPOSITES ADVANCED TECHNOLOGIES, LLC.: BUSINESS OVERVIEW
             12.1.12 CIMC ENRIC
                        TABLE 262 CIMC ENRIC: BUSINESS OVERVIEW
                        FIGURE 49 CIMC ENRIC: COMPANY SNAPSHOT
             12.1.13 LUXI NEW ENERGY EQUIPMENT GROUP CO., LTD.
                        TABLE 263 LUXI NEW ENERGY EQUIPMENT GROUP CO., LTD.: BUSINESS OVERVIEW
             12.1.14 SINOCLEANSKY
                        TABLE 264 SINOCLEANSKY: BUSINESS OVERVIEW
     12.2 OTHER KEY PLAYERS
             12.2.1 LINDE PLC
             12.2.2 ULLIT SA
             12.2.3 AGILITY FUEL SOLUTIONS
             12.2.4 RAMA CYLINDERS PRIVATE LIMITED
             12.2.5 JPM GROUP
             12.2.6 SAHUWALA CYLINDERS LTD.
             12.2.7 EURO INDIA CYLINDERS LTD.
             12.2.8 CEVOTEC GMBH
             12.2.9 NPROXX
             12.2.10 STEELHEAD COMPOSITES, INC.
             12.2.11 JIANGSU QUILIN SPECIAL ENERGY EQUIPMENT JOINT STOCK LIMITED COMPANY
*Details on Business Overview, Products Offered, New product development, Deals, MnM View, Right to win, Strategic choices made, Weakness and competitive threats might not be captured in case of unlisted companies.
     12.3 PRODUCT MAPPING
     12.4 MAJOR CHINESE EXPORTERS

13 APPENDIX (Page No. - 230)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
     13.3 AVAILABLE CUSTOMIZATIONS
     13.4 RELATED REPORT
     13.5 AUTHOR DETAILS

The study involved two major activities in estimating the current size of the CNG, RNG, and hydrogen tanks market. Exhaustive secondary research was performed to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to determine the extent of market segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Factiva, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The CNG, RNG, and hydrogen tanks market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is primarily characterized by the development of the consumer electronics, automotive & transportation, medical & healthcare, and other end-use industries. Advancements in technology and diverse applications in various end-use industries describe the supply side. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents:

CNG, RNG, and Hydrogen Tanks Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the CNG, RNG, and hydrogen tanks market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall CNG, RNG, and hydrogen tanks market size, using the market size estimation processes explained above, the market was split into several segments and sub-segments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and sub-segment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, mainly from the fuel tank, and transportation tank applications.

Report Objectives

  • To define, describe, and forecast the size of the CNG, RNG, and hydrogen tanks market, in terms of value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze and forecast the market based on gas type, material type, tank type, and application
  • To analyze and project the market based on five regions, namely, Europe, North America, Asia Pacific (APAC), the Middle East & Africa (MEA), and Latin America
  • To strategically analyze the micromarkets concerning individual growth trends, prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies

Available Customizations

MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of Rest of APAC CNG, RNG, and hydrogen tanks market
  • Further breakdown of Rest of Europe CNG, RNG, and hydrogen tanks market
  • Further breakdown of Rest of MEA CNG, RNG, and hydrogen tanks market
  • Further breakdown of Rest of Latin American CNG, RNG, and hydrogen tanks market

Company Information

  • Detailed analysis and profiling of additional market players (up to 10)
COVID-19

Get in-depth analysis of the COVID-19 impact on the CNG, RNG, and Hydrogen Tanks Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the CNG, RNG, and Hydrogen Tanks Market

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