Growing demand from automotive industry is one of the major factor driving growth of this market. However, high cost of composite tanks may hamper the growth of this market. —
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The global CNG Tank market is segmented on the basis of product type, application and region, with focus on manufacturers in North America, Europe, Asia Pacific, Middle East & Africa and South America.
Global CNG Tank market competition by top manufacturers, with revenue (value) and market share for each manufacturer; the top players including:
• Worthington Industries
• Luxfer Group
• Hexagon Composites Asa
• Quantum Fuel Systems Technologies Worldwide Inc.
• Everest Kanto Cylinders Ltd.
• Praxair Technologies Inc.
• Avanco Group
• Beijing Tianhai Industry Co. Ltd.
• Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.
• Faber Industrie S.P.A
Global CNG Tank Market is spread across 121 pages
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On the basis of types, the market is split into:
• Metal
• Glass Fiber
• Others
Based on applications, the market is divided into:
• Light Duty Vehicles
• Medium Duty Vehicles
• Others
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration.
Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
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The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
• Manufacturers
• Suppliers
• Distributors
• Government Body & Associations
• Research Institutes
Table Of Content
1 Executive Summary
2 Methodology and Scope
3 Global CNG Tank Market — Market Overview
4 Global CNG Tank Market — Industry Trends
5 Global CNG Tank Market — Type Outlook
6 Global CNG Tank Market — Application Outlook
7 Global CNG Tank Market — By Regional Outlook
8 Competitive Landscape & Company Profile
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