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CNG, RNG, and Hydrogen Tanks Market

CNG, RNG, and Hydrogen Tanks Market Research Report – Segmented By Gas Type (CNG, Hydrogen, RNG), By Material (Metal, Glass Fiber, Carbon Fiber), By Tank Type (Type 1, Type 2, Type 3, Type 4), By Application (Fuel Tank, Transportation Tank), By Region (North America, APAC, Europe, Middle East & Africa (Mea), Latin America) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

CNG, RNG, and Hydrogen Tanks Market from Consainsights analyses the CNG, RNG, and Hydrogen Tanks Market Market in the Energy & Resources industry over the forecast period to 2027.

Figure 1: CNG, RNG, and Hydrogen Tanks Market Size, 2019-2027

CNG, RNG, and Hydrogen Tanks Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

CNG, RNG, and Hydrogen Tanks Market segmentation includes Gas Type, Material, Tank Type, Application, Region and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Gas Type, the CNG, RNG, and Hydrogen Tanks Market analysis covers CNG, Hydrogen, RNG.

Figure 2: CNG, RNG, and Hydrogen Tanks Market Share (%), Gas Type 2021

Based on the Material, the CNG, RNG, and Hydrogen Tanks Market analysis covers Metal, Glass Fiber, Carbon Fiber.

Figure 3: CNG, RNG, and Hydrogen Tanks Market Share (%), Material 2021

Based on the Tank Type, the CNG, RNG, and Hydrogen Tanks Market analysis covers Type 1, Type 2, Type 3, Type 4.

Figure 4: CNG, RNG, and Hydrogen Tanks Market Share (%), Tank Type 2021

Based on the Application, the CNG, RNG, and Hydrogen Tanks Market analysis covers Fuel Tank, Transportation Tank.

Figure 5: CNG, RNG, and Hydrogen Tanks Market Share (%), Application 2021

Based on the Region, the CNG, RNG, and Hydrogen Tanks Market analysis covers North America, APAC, Europe, Middle East & Africa (Mea), Latin America.

Figure 6: CNG, RNG, and Hydrogen Tanks Market Share (%), Region 2021

Key companies operating in the market include Worthington Industries, Inc., Luxfer Group, Hexagon Composites Asa, Quantum Fuel Systems LLC., Everest Kanto Cylinders Ltd., Praxair Technologies Inc., Avanco Group, Beijing Tianhai Industry Co. Ltd., Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd., Faber Industrie Spa, Other Companies and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Market Overview

Definition & Scope

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

By Gas Type

Introduction

By By Gas Type, The CNG, RNG, and Hydrogen Tanks Market analysis covers CNG, Hydrogen, RNG.

Table: 1: CNG, RNG, and Hydrogen Tanks Market Size, By By Gas Type

CNG

The CNG segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Hydrogen

The Hydrogen segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

RNG

The RNG segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Material

Introduction

By By Material, The CNG, RNG, and Hydrogen Tanks Market analysis covers Metal, Glass Fiber, Carbon Fiber.

Table: 2: CNG, RNG, and Hydrogen Tanks Market Size, By By Material

Metal

The Metal segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Glass Fiber

The Glass Fiber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Carbon Fiber

The Carbon Fiber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Tank Type

Introduction

By By Tank Type, The CNG, RNG, and Hydrogen Tanks Market analysis covers Type 1, Type 2, Type 3, Type 4.

Table: 3: CNG, RNG, and Hydrogen Tanks Market Size, By By Tank Type

Type 1

The Type 1 segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Type 2

The Type 2 segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Type 3

The Type 3 segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Type 4

The Type 4 segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Application

Introduction

By By Application, The CNG, RNG, and Hydrogen Tanks Market analysis covers Fuel Tank, Transportation Tank.

Table: 4: CNG, RNG, and Hydrogen Tanks Market Size, By By Application

Fuel Tank

The Fuel Tank segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Transportation Tank

The Transportation Tank segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Region

Introduction

By By Region, The CNG, RNG, and Hydrogen Tanks Market analysis covers North America, APAC, Europe, Middle East & Africa (Mea), Latin America.

Table: 5: CNG, RNG, and Hydrogen Tanks Market Size, By By Region

North America

The North America segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

APAC

The APAC segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Europe

The Europe segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Middle East & Africa (Mea)

The Middle East & Africa (Mea) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Latin America

The Latin America segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Company Analysis

Introduction

Key companies operating in the market include Worthington Industries, Inc., Luxfer Group, Hexagon Composites Asa, Quantum Fuel Systems LLC., Everest Kanto Cylinders Ltd., Praxair Technologies Inc., Avanco Group, Beijing Tianhai Industry Co. Ltd., Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd., Faber Industrie Spa, Other Companies and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.