Selected research
Market Structure
Global Compressed Natural Gas (CNG) Tanks & Cylinders Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Compressed Natural Gas (CNG) Tanks & Cylinders market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Compressed Natural Gas (CNG) Tanks & Cylinders is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Compressed Natural Gas (CNG) Tanks & Cylinders is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Compressed Natural Gas (CNG) Tanks & Cylinders is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Compressed Natural Gas (CNG) Tanks & Cylinders is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Compressed Natural Gas (CNG) Tanks & Cylinders include Worthington Industries, Avanco Group, Sinomatech, Everest Kanto Cylinders, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies, Faber Industrie and CIMC ENRIC, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Compressed Natural Gas (CNG) Tanks & Cylinders output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Compressed Natural Gas (CNG) Tanks & Cylinders by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Compressed Natural Gas (CNG) Tanks & Cylinders market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Compressed Natural Gas (CNG) Tanks & Cylinders and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Compressed Natural Gas (CNG) Tanks & Cylinders sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Compressed Natural Gas (CNG) Tanks & Cylinders market size, projected growth trends, production technologies, key applications, and end-use industries.
Compressed Natural Gas (CNG) Tanks & Cylinders Segment by Company
Worthington Industries
Avanco Group
Sinomatech
Everest Kanto Cylinders
Beijing Tianhai Industry
Rama Cylinders
Quantum Technologies
Faber Industrie
CIMC ENRIC
Hexagon Composites ASA
Luxfer Group
Compressed Natural Gas (CNG) Tanks & Cylinders Segment by Type
Metals
Glass Fiber
Carbon Fiber
Compressed Natural Gas (CNG) Tanks & Cylinders Segment by Application
Light Duty Vehicles (LDVs)
Medium Duty Vehicles (MDVs)
Heavy Duty Vehicles (HDVs)
Compressed Natural Gas (CNG) Tanks & Cylinders Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Compressed Natural Gas (CNG) Tanks & Cylinders market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Compressed Natural Gas (CNG) Tanks & Cylinders and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Compressed Natural Gas (CNG) Tanks & Cylinders.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Compressed Natural Gas (CNG) Tanks & Cylinders market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Compressed Natural Gas (CNG) Tanks & Cylinders industry.
Chapter 3: Detailed analysis of Compressed Natural Gas (CNG) Tanks & Cylinders market competition landscape. Including Compressed Natural Gas (CNG) Tanks & Cylinders manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Compressed Natural Gas (CNG) Tanks & Cylinders by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Compressed Natural Gas (CNG) Tanks & Cylinders in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Metals
- Glass Fiber
- Carbon Fiber
Applications
- Light Duty Vehicles (LDVs)
- Medium Duty Vehicles (MDVs)
- Heavy Duty Vehicles (HDVs)
Companies covered
- Worthington Industries
- Avanco Group
- Sinomatech
- Everest Kanto Cylinders
- Beijing Tianhai Industry
- Rama Cylinders
- Quantum Technologies
- Faber Industrie
- CIMC ENRIC
- Hexagon Composites ASA
- Luxfer Group
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Compressed Natural Gas (CNG) Tanks & Cylinders Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Market Dynamics
- 2.1 Compressed Natural Gas (CNG) Tanks & Cylinders Industry Trends
- 2.2 Compressed Natural Gas (CNG) Tanks & Cylinders Industry Drivers
- 2.3 Compressed Natural Gas (CNG) Tanks & Cylinders Industry Opportunities and Challenges
- 2.4 Compressed Natural Gas (CNG) Tanks & Cylinders Industry Restraints
3 Compressed Natural Gas (CNG) Tanks & Cylinders Market by Manufacturers
- 3.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Manufacturers (2021-2026)
- 3.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Manufacturers (2021-2026)
- 3.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Average Price by Manufacturers (2021-2026)
- 3.4 Global Compressed Natural Gas (CNG) Tanks & Cylinders Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Compressed Natural Gas (CNG) Tanks & Cylinders Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Compressed Natural Gas (CNG) Tanks & Cylinders Manufacturers, Product Type & Application
- 3.7 Global Compressed Natural Gas (CNG) Tanks & Cylinders Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Compressed Natural Gas (CNG) Tanks & Cylinders Players Market Share by Production Value in 2025
- 3.8.3 2025 Compressed Natural Gas (CNG) Tanks & Cylinders Tier 1, Tier 2, and Tier 3
4 Compressed Natural Gas (CNG) Tanks & Cylinders Market by Type
- 4.1 Compressed Natural Gas (CNG) Tanks & Cylinders Type Introduction
- 4.1.1 Metals
- 4.1.2 Glass Fiber
- 4.1.3 Carbon Fiber
- 4.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Type
- 4.2.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Type (2021-2032)
- 4.2.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Market Share by Type (2021-2032)
- 4.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Type
- 4.3.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Type (2021-2032)
- 4.3.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value Market Share by Type (2021-2032)
5 Compressed Natural Gas (CNG) Tanks & Cylinders Market by Application
- 5.1 Compressed Natural Gas (CNG) Tanks & Cylinders Application Introduction
- 5.1.1 Light Duty Vehicles (LDVs)
- 5.1.2 Medium Duty Vehicles (MDVs)
- 5.1.3 Heavy Duty Vehicles (HDVs)
- 5.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Application
- 5.2.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Application (2021-2032)
- 5.2.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Market Share by Application (2021-2032)
- 5.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Application
- 5.3.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Application (2021-2032)
- 5.3.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Worthington Industries
- 6.1.1 Worthington Industries Company Information
- 6.1.2 Worthington Industries Business Overview
- 6.1.3 Worthington Industries Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.1.4 Worthington Industries Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.1.5 Worthington Industries Recent Developments
- 6.2 Avanco Group
- 6.2.1 Avanco Group Company Information
- 6.2.2 Avanco Group Business Overview
- 6.2.3 Avanco Group Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.2.4 Avanco Group Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.2.5 Avanco Group Recent Developments
- 6.3 Sinomatech
- 6.3.1 Sinomatech Company Information
- 6.3.2 Sinomatech Business Overview
- 6.3.3 Sinomatech Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.3.4 Sinomatech Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.3.5 Sinomatech Recent Developments
- 6.4 Everest Kanto Cylinders
- 6.4.1 Everest Kanto Cylinders Company Information
- 6.4.2 Everest Kanto Cylinders Business Overview
- 6.4.3 Everest Kanto Cylinders Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.4.4 Everest Kanto Cylinders Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.4.5 Everest Kanto Cylinders Recent Developments
- 6.5 Beijing Tianhai Industry
- 6.5.1 Beijing Tianhai Industry Company Information
- 6.5.2 Beijing Tianhai Industry Business Overview
- 6.5.3 Beijing Tianhai Industry Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.5.4 Beijing Tianhai Industry Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.5.5 Beijing Tianhai Industry Recent Developments
- 6.6 Rama Cylinders
- 6.6.1 Rama Cylinders Company Information
- 6.6.2 Rama Cylinders Business Overview
- 6.6.3 Rama Cylinders Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.6.4 Rama Cylinders Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.6.5 Rama Cylinders Recent Developments
- 6.7 Quantum Technologies
- 6.7.1 Quantum Technologies Company Information
- 6.7.2 Quantum Technologies Business Overview
- 6.7.3 Quantum Technologies Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.7.4 Quantum Technologies Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.7.5 Quantum Technologies Recent Developments
- 6.8 Faber Industrie
- 6.8.1 Faber Industrie Company Information
- 6.8.2 Faber Industrie Business Overview
- 6.8.3 Faber Industrie Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.8.4 Faber Industrie Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.8.5 Faber Industrie Recent Developments
- 6.9 CIMC ENRIC
- 6.9.1 CIMC ENRIC Company Information
- 6.9.2 CIMC ENRIC Business Overview
- 6.9.3 CIMC ENRIC Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.9.4 CIMC ENRIC Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.9.5 CIMC ENRIC Recent Developments
- 6.10 Hexagon Composites ASA
- 6.10.1 Hexagon Composites ASA Company Information
- 6.10.2 Hexagon Composites ASA Business Overview
- 6.10.3 Hexagon Composites ASA Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.10.4 Hexagon Composites ASA Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.10.5 Hexagon Composites ASA Recent Developments
- 6.11 Luxfer Group
- 6.11.1 Luxfer Group Company Information
- 6.11.2 Luxfer Group Business Overview
- 6.11.3 Luxfer Group Compressed Natural Gas (CNG) Tanks & Cylinders Production, Value and Gross Margin (2021-2026)
- 6.11.4 Luxfer Group Compressed Natural Gas (CNG) Tanks & Cylinders Product Portfolio
- 6.11.5 Luxfer Group Recent Developments
7 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Region
- 7.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Region (2021-2032)
- 7.2.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Region (2021-2026)
- 7.2.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Forecast by Region (2027-2032)
- 7.3 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Region (2021-2032)
- 7.4.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Region (2021-2026)
- 7.4.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Production Value by Region (2027-2032)
- 7.5 Global Compressed Natural Gas (CNG) Tanks & Cylinders Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Compressed Natural Gas (CNG) Tanks & Cylinders Production Value (2021-2032)
- 7.6.2 Europe Compressed Natural Gas (CNG) Tanks & Cylinders Production Value (2021-2032)
- 7.6.3 Asia-Pacific Compressed Natural Gas (CNG) Tanks & Cylinders Production Value (2021-2032)
- 7.6.4 South America Compressed Natural Gas (CNG) Tanks & Cylinders Production Value (2021-2032)
- 7.6.5 Middle East & Africa Compressed Natural Gas (CNG) Tanks & Cylinders Production Value (2021-2032)
8 Global Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Region
- 8.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Region (2021-2032)
- 8.2.1 Global Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Region (2021-2026)
- 8.2.2 Global Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Compressed Natural Gas (CNG) Tanks & Cylinders Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Compressed Natural Gas (CNG) Tanks & Cylinders Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Compressed Natural Gas (CNG) Tanks & Cylinders Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Compressed Natural Gas (CNG) Tanks & Cylinders Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Compressed Natural Gas (CNG) Tanks & Cylinders Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Compressed Natural Gas (CNG) Tanks & Cylinders Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Compressed Natural Gas (CNG) Tanks & Cylinders Value Chain Analysis
- 9.1.1 Compressed Natural Gas (CNG) Tanks & Cylinders Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Compressed Natural Gas (CNG) Tanks & Cylinders Production Mode & Process
- 9.2 Compressed Natural Gas (CNG) Tanks & Cylinders Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Compressed Natural Gas (CNG) Tanks & Cylinders Distributors
- 9.2.3 Compressed Natural Gas (CNG) Tanks & Cylinders Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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