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 2027
[235 Pages Report] The global CNG, RNG, and hydrogen tanks market size is projected to grow from USD 2.4 billion in 2022 to USD 3.8 billion by 2027, at a CAGR of 9.8%. The increase in the demand for alternative fuel vehicles is expected to increase due to the stringent environmental regulations, government incentives for alternate fuels and development in fuelling infrastructure. Moreover, the decreasing natural gas prices and availability of natural gas make it a viable option as a fuel in the automotive industry, propelling the demand for CNG, RNG, and hydrogen cylinders.
Attractive Opportunities in the CNG, RNG, and Hydrogen Tanks Market
Note e-estimated; p-projected.
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Global CNG, RNG, and Hydrogen tanks market Dynamics:
Drivers: Increased demand for CNG, RNG, LNG, and hydrogen tanks in North America, Asia Pacific and Europe
There is an increase in demand for CNG/RNG tanks in long haul trucks, transit buses, refuse collection trucks and other heavy duty vehicles in North America and Europe due to increased focus of governments on lower carbon emissions, stable natural gas prices, and cost advantages of CNG/RNG. Besides this, the US has a target to increase the FCEVs by 2030. For instance, the US government aims to achieve 5.3 million hydrogen-driven units of buses and coaches, 3 million units of forklift trucks, and 7,100 hydrogen refueling stations by 2030. In addition, there is a high demand for CNG, RNG and hydrogen tanks for mobile pipeline application in these regions.
Moreover, The tax incentives have also been increased or extended and increased in various regions, including Asia Pacific 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. This has resulted in an increasing demand for CNG tanks.
Restraints: Limited availability of hydrogen and CNG refueling infrastructure in developed economies
The demand for natural gas as a fuel for transportation is mainly hampered by the lack of refueling stations with sufficient national coverage. Refueling stations supply natural gas that has been compressed to the CNG powered vehicles. Unlike the gasoline and diesel stations, there is a lesser number of CNG refueling stations globally. Without adequate refueling infrastructure, the consumer demand for natural gas is likely to be affected. The low penetration of refueling stations is mainly due to the investment costs associated with it, such as land acquisition, equipment, station design, and installation costs. Owing to the high investment cost involved in setting up the refueling stations, operators require assurance of demand or higher adoption rates for CNG to justify investing in refueling infrastructure. A CNG station is accessible to the public fleet, or only to the private fleet, or a combination of both. The absence of widespread refueling stations is a constraint especially for the heavy-duty vehicles as they usually have long-haul interstate transport. The demand for CNG tanks is directly proportional to their availability, which is why a lack of sufficient infrastructure for refueling is a major restraint in the CNG, and hydrogen tanks market.
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 Type 4-cylinder tanks made from lightweight carbon fiber in which the cost is being optimized by lowering the pressure of the gas stored.
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. Also, 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. 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.
CNG tanks dominate the market, in terms of value and volume in 2021.
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. The demand for CNG has increased by 50% due to the government’s emphasis on popularizing CNG as a clean fuel, covering new cities under the CNG network, expanding fueling stations in existing cities, lower gas prices, and multiple CNG vehicle launches by automobile manufacturers.
Carbon materials to grow with the highest CAGR
Carbon material is expected to grow with the highest CAGR during the forecasted year due to the increasing use in high-value Type 3 and Type 4 CNG tanks to reduce their weight and improve fuel economy. Although, The metal material is dominating the CNG, RNG, and hydrogen tanks market in 2021. This is due to the well established technology for manufacturing metal-based CNG, RNG, and hydrogen tanks and comparatively cheaper than those of glass and carbon fiber-based tanks. Furthermore, The price of carbon fiber is expected to show a decline in the next five years due to the growing demand, mass production, and major companies working on the technology to reduce the cost of production of carbon fiber.
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 2021 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 price of carbon fiber is expected to show a decline in the next five years and The increasing environmental awareness, increasing pollution concerns, and need for light-weighted tanks are expected to push the Type 4 tanks market, globally.
Asia Pacific held the largest market share in the CNG, RNG, and hydrogen tanks market
Asia Pacific 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 Asia Pacific 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. Although, North America is the fastest growing market in CNG, RNG, and hydrogen tanks market due to A large number of heavy-duty vehicles in the region along with the developed infrastructure.
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Emergence of lightweight composite material-based CNG cylinders
CNG cylinders are available in variety of types, sizes, and weights to suit various applications. The emergence of lightweight cylinders has given rise to a new phase in the CNG tanks industry. Composite cylinders, which include Type 3, and Type 4 cylinders are basically, the lightweight cylinders, with Type 4 being the lightest., A cylinder’s cost increases with a reduction in its weight. Over the years, Type 1 has been the most dominant type of cylinder, but in recent years, there has been a shift in the demand toward the composite cylinders. The Type 3 cylinders are metal-lined composite cylinders, whereas Type 4 cylinders are plastic-lined composite cylinders, due to which Type 4 is the costliest CNG cylinder. These composite cylinders are lighter than the steel cylinders, safe, reliable; and have increased life span, owing to their advantageous properties and increasing demand from OEMs for Class 6 to Class 8 buses (commercial trucks and mass-transit buses).
The CNG tanks industry is now focusing on introducing and using lightweight cylinders, which is increasing the popularity of composite CNG tanks in the industry. Market players, such as Luxfer Group (UK), Quantum Technologies Inc. (US), Worthington Industries (US), and Hexagon Composites ASA (Norway) are offering Type 3 and Type 4 cylinders and are pushing their efforts to be on par with the latest market trends.
The CNG, RNG, and hydrogen tanks market is dominated by a few globally established players such as Worthington Industries, Inc. (US), Faber Industrie SpA (Italy), Luxfer Group (UK), Everest Kanto Cylinders Ltd. (India), among others.
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|
Report Metric |
Details |
|
Years considered for the study |
2018–2026 |
|
Base year |
2020 |
|
Forecast period |
2021–2026 |
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Units considered |
Value (USD Million), Volume (Thousand Unit) |
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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:
- Fuel Tank
- Transportation Tank
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):
What are the factors influencing the growth of the CNG, RNG, and hydrogen tanks market?
The growing number of natural gas vehicles, increasing environmental awareness, and government support encouraging adoption of clean fuel
Which is the fastest-growing country-level market for CNG, RNG, and hydrogen?
India is the fastest-growing CNG, RNG, and hydrogen market due to high demand for CNG tanks
What are the factors contributing to the final price of thermoplastic composites?
Raw material plays a vital role in the costs. The cost of these materials contributes largely to the final pricing of CNG, RNG, and hydrogen.
What are the challenges in the CNG, RNG, and hydrogen tanks market?
Development of low-cost production technology for type 3 and type 4 is the major challenge in the CNG, RNG, and hydrogen tanks market.
Which type of CNG, RNG, and hydrogen tanks holds the largest market share?
Type 1 tanks hold the largest share due to low cost and ease of manufacturing.
How is the CNG, RNG, and hydrogen tanks market aligned?
The market is growing at a significant pace. It is a potential market and many manufactures are planning business strategies to expand their business especially in the hydrogen and RNG tanks market.
Who are the major manufacturers?
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)
What are the material types for CNG, RNG, and hydrogen tanks?
Meta, carbon, and glass are the major material types for CNG, RNG, and hydrogen tanks
What are the major applications for CNG, RNG, and hydrogen tanks?
The major applications for composites are fuel and transportation tanks.
What is the biggest restraint in the CNG, RNG, and hydrogen tanks market?
Volatility in the prices of natural gas and lack of hydrogen and RNG infrastructure coupled with global economic slowdown are restraining market growth. .
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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:
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)
Generating Response ...
Growth opportunities and latent adjacency in CNG, RNG, and Hydrogen Tanks Market