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Global CNG Cylinders Market Is Projected To Reach US$ 4.0 Bn By 2025 – Credence Research According to a new market report published by Credence Research Global CNG Cylinders Market – Growth, Future Prospects & Competitive Analysis, 2017 – 2025, the Global CNG Cylinders Market is expected to reach US$ 4.0 Bn by 2025, expanding at a CAGR of 12.3% during the forecast period 2017 – 2025. Browse the full Global CNG Cylinders Market by Type, Material, Application and Geography – Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/cng-cylinders-market Market Insights Rising environmental concerns over the emission of greenhouse gases inclining economies across the globe to reduce their dependence on oil and shift towards natural gas to control air pollution. Moreover, macroeconomic factors such as setting of new greenhouse gases emission targets at Paris climate change conference which includes agreement and commitment by both G20 and the G7 countries to improve on energy efficiency, increasing the investment in development of CNG storage and distribution infrastructure which in turn is driving the demand for CNG cylinders over the forecast period. Various government across the globe are taking various initiatives such as tax benefits and subsidies to increase the adoption of natural gas including CNG and LNG. Further, increasing market penetration of CNG along with growth in NGV (Natural Gas Vehicles) is anticipated to drive the demand for CNG cylinders. Furthermore, increasing consumer awareness about associated advantages such as improved fuel efficiency over the conventional fuels including gasoline and diesel oil is another factor anticipated to drive the demand for CNG cylinders overs over the forecast period. High demand form key consuming economies including China, India, Brazil, etc. are anticipated to fuel the demand for CNG cylinders over the forecast period (20172025).
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Competitive Insights: Global CNG Cylinders market is segmented on the basis of type, material, application and geography. By type, type 1 segment was the most dominant segment in global CNG cylinders market in 2016 and anticipated to continue its dominance over the forecast period. Low cost of type 1 cylinders and high market penetration is projected to drive the growth of the segment during the forecast period. Based on material type, metal segment accounted for the largest share in global CNG cylinders market owing its wide application in type 1, type 2 and type 3 cylinders. By application, light passenger vehicles application segment was estimated to be the largest application segment in global CNG cylinders market in 2016. Growth in number of NGV car owing increasing adoption of CNG as an alternative fuel is anticipated to drive the growth of segment. On the basis of geography, Asia Pacific was estimated to be the largest market for CNG Cylinders in 2016. Increasing investment in development of supply and distribution infrastructure for CNG in the region especially in China and India is projected to spur the demand for CNG cylinders in the region during the forecast period. Major players in global CNG Cylinders market are investing in expansion of research and development, expansion of production capacity, merger and acquisition with focus on increasing market penetration. Overall, global CNG cylinders market is anticipated to register robust growth over the forecast period (2017-2025). Request Free Sample of This Report @ http://www.credenceresearch.com/samplerequest/58478 Key Trends:
Merger & Acquisition Investment in R&D Expansion in emerging economies
Production capacity expansion
Table of Content 1. Preface 1.1. Report Scope and Description 1.2. Research Methodology 1.2.1. Phase I-Secondary Research 1.2.2. Phase II-Primary Research 1.2.3. Phase II-Expert Panel Review 1.2.4. Assumptions 1.2.5. Approach Adopted
2. Executive Summary 2.1. Global CNG Cylinders Market Snapshot 2.1.1. Global CNG Cylinders Market, by Type, 2016 2.1.2. Global CNG Cylinders Market, by Material, 2016 2.1.3. Global CNG Cylinders Market, by Application, 2016 2.1.4. Global CNG Cylinders Market, by Geography, 2016 2.1.5. Key Players 2.1.6. Drivers, Restrains & Future Prospects
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3. Global CNG Cylinders Market Dynamics 3.1. Market Overview 3.1.1. Market Definition 3.1.2. Market Size & Forecast, 2015-2025 3.2. Drivers
3.3. Challenges 3.4. Future Prospects 3.5. Impact Analysis of Drivers and Challenges 3.6. Porter’s Five Force Analysis 3.6.1. Bargaining Power Of Suppliers 3.6.2. Bargaining Power Of Buyers 3.6.3. Threat Of Substitutes 3.6.4. Threat Of New Entrants 3.6.5. Industry Rivalry
4. Global CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Type, 2015 – 2025 4.1. Overview 4.1.1. Market Share Analysis by Type, 2016 vs. 2025 4.1.2. Attractive Investment Proposition by Type 4.2. Type 1 4.3. Type 2 4.4. Type 3 4.5. Type 4
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5. Global CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Material, 2015 – 2025 5.1. Overview 5.1.1. Market Share Analysis by Material, 2016 vs. 2025 5.1.2. Attractive Investment Proposition by Material 5.2. Metal 5.3. Glass Fiber 5.4. Carbon Fiber
6. Global CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Application, 2015 – 2025 6.1. Overview 6.1.1. Market Share Analysis by Application, 2016 vs. 2025 6.1.2. Attractive Investment Proposition by Application 6.2. Light Passenger Vehicles 6.3. Medium duty/heavy duty (MD/HD) Buses 6.4. Medium duty/heavy duty (MD/HD) Trucks 6.5. Others (Autos)
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7. Global CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Geography, 2015 – 2025 7.1. Overview 7.1.1. Market Share Analysis by Geography, 2016 vs. 2025 7.1.2. Attractive Investment Proposition by Geography 7.2. North America CNG Cylinders Market Analysis, 2015 – 2025 7.2.1. North America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Country, 2015 – 2025 7.2.1.1. U.S. 7.2.1.2. Canada 7.2.2. North America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Type, 2015 – 2025 7.2.2.1. Type 1 7.2.2.2. Type 2 7.2.2.3. Type 3 7.2.2.4. Type 4 7.2.3. North America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Material, 2015 – 2025 7.2.3.1. Metal
7.2.3.2. Glass Fiber 7.2.3.3. Carbon Fiber 7.2.4. North America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Application, 2015 – 2025 7.2.4.1. Light Passenger Vehicles 7.2.4.2. Medium duty/heavy duty (MD/HD) Buses 7.2.4.3. Medium duty/heavy duty (MD/HD) Trucks 7.2.4.4. Others (Autos) 7.3. Europe CNG Cylinders Market Analysis, 2015 – 2025 7.3.1. Europe CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Country, 2015 – 2025 7.3.1.1. U.K. 7.3.1.2. Germany 7.3.1.3. Italy 7.3.1.4. France 7.3.1.5. Russia 7.3.1.6. Rest of Europe 7.3.2. Europe CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Type, 2015 – 2025 7.3.2.1. Type 1 7.3.2.2. Type 2 7.3.2.3. Type 3 7.3.2.4. Type 4
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7.3.3. Europe CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Material, 2015 – 2025 7.3.3.1. Metal 7.3.3.2. Glass Fiber 7.3.3.3. Carbon Fiber 7.3.4. Europe CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Application, 2015 – 2025
7.3.4.1. Light Passenger Vehicles 7.3.4.2. Medium duty/heavy duty (MD/HD) Buses 7.3.4.3. Medium duty/heavy duty (MD/HD) Trucks 7.3.4.4. Others (Autos) 7.4. Asia Pacific CNG Cylinders Market Analysis , 2015 – 2025 7.4.1. Asia Pacific CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Country, 2015 – 2025 7.4.1.1. China 7.4.1.2. India 7.4.1.3. Japan 7.4.1.4. Rest of Asia Pacific 7.4.2. Asia Pacific CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Type, 2015 – 2025 7.4.2.1. Type 1 7.4.2.2. Type 2 7.4.2.3. Type 3 7.4.2.4. Type 4 7.4.3. Asia Pacific CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Material, 2015 – 2025 7.4.3.1. Metal 7.4.3.2. Glass Fiber 7.4.3.3. Carbon Fiber 7.4.4. Asia Pacific CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Application, 2015 – 2025
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7.4.4.1. Light Passenger Vehicles 7.4.4.2. Medium duty/heavy duty (MD/HD) Buses 7.4.4.3. Medium duty/heavy duty (MD/HD) Trucks 7.4.4.4. Others (Autos) 7.5. Latin America CNG Cylinders Market Analysis , 2015 – 2025
7.5.1. Latin America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Country, 2015 – 2025 7.5.1.1. Brazil 7.5.1.2. Mexico 7.5.1.3. Rest of Latin America 7.5.2. Latin America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Type, 2015 – 2025 7.5.2.1. Type 1 7.5.2.2. Type 2 7.5.2.3. Type 3 7.5.2.4. Type 4 7.5.3. Latin America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Material, 2015 – 2025 7.5.3.1. Metal 7.5.3.2. Glass Fiber 7.5.3.3. Carbon Fiber 7.5.4. Latin America CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Application, 2015 – 2025
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7.5.4.1. Light Passenger Vehicles 7.5.4.2. Medium duty/heavy duty (MD/HD) Buses 7.5.4.3. Medium duty/heavy duty (MD/HD) Trucks 7.5.4.4. Others (Autos) 7.6. Middle East & Africa (MEA) CNG Cylinders Market Analysis , 2015 – 2025 7.6.1. MEA CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Region, 2015 – 2025 7.6.1.1. GCC 7.6.1.2. Rest of MEA 7.6.2. MEA CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Type, 2015 – 2025 7.6.2.1. Type 1 7.6.2.2. Type 2
7.6.2.3. Type 3 7.6.2.4. Type 4 7.6.3. MEA CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Material, 2015 – 2025 7.6.3.1. Metal 7.6.3.2. Glass Fiber 7.6.3.3. Carbon Fiber 7.6.4. MEA CNG Cylinders Market Size & Forecast (‘000 Units) (US$ Mn), By Application, 2015 – 2025 7.6.4.1. Light Passenger Vehicles 7.6.4.2. Medium duty/heavy duty (MD/HD) Buses 7.6.4.3. Medium duty/heavy duty (MD/HD) Trucks 7.6.4.4. Others (Autos)
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8. Company Profiles 8.1. Competitive Dashboard 8.2. Key Players 8.2.1. Sinomatech 8.2.1.1. Business Description 8.2.1.2. Financial Information* 8.2.1.3. Product Portfolio 8.2.1.4. Key Developments/ Business Strategies 8.2.1.5. SWOT Analysis 8.2.2. Avanco Group 8.2.3. Beijing Tianhai Industry 8.2.4. CIMC ENRIC 8.2.5. Everest Kanto Cylinders 8.2.6. Faber Industries
8.2.7. Hexagon Composites 8.2.8. Luxfer Group 8.2.9. Quantum Technologies 8.2.10. Rama Cylinders 8.2.11. Worthington Industries 8.2.12. Other Notable Players
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List Of Table Table 01: Global CNG Cylinders Market Volume (‘000 Units) & Forecast, by Geography, 2015-2025 Table 02: Global CNG Cylinders Market Value (US$ Mn) & Forecast, by Geography, 2015-2025 Table 03: Global CNG Cylinders Market Volume (‘000 Units) & Forecast, by Type, 2015-2025 Table 04: Global CNG Cylinders Market Value (US$ Mn) & Forecast, by Type, 2015-2025 Table 05: Global CNG Cylinders Market Volume (‘000 Units) & Forecast, by Material, 2015-2025 Table 06: Global CNG Cylinders Market Value (US$ Mn) & Forecast, by Material, 2015-2025 Table 07: Global CNG Cylinders Market Volume (‘000 Units) & Forecast, by Application, 2015-2025 Table 08: Global CNG Cylinders Market Value (US$ Mn) & Forecast, by Application, 2015-2025 Table 09: North America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Country, 2015-2025 Table 10: North America CNG Cylinders Market Value (US$ Mn) & Forecast, by Country, 2015-2025 Table 11: North America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Type, 2015-2025 Table 12: North America CNG Cylinders Market Value (US$ Mn) & Forecast, by Type, 2015-2025 Table 13: North America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Material, 2015-2025 Table 14: North America CNG Cylinders Market Value (US$ Mn) & Forecast, by Material, 2015-2025 Table 15: North America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Application, 2015-2025 Table 16: North America CNG Cylinders Market Value (US$ Mn) & Forecast, by Application, 2015-2025 Table 17: Europe CNG Cylinders Market Volume (‘000 Units) & Forecast, by Country, 2015-2025 Table 18: Europe CNG Cylinders Market Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 19: Europe CNG Cylinders Market Volume (‘000 Units) & Forecast, by Type, 2015-2025 Table 20: Europe CNG Cylinders Market Value (US$ Mn) & Forecast, by Type, 2015-2025 Table 21: Europe CNG Cylinders Market Volume (‘000 Units) & Forecast, by Material, 2015-2025 Table 22: Europe CNG Cylinders Market Value (US$ Mn) & Forecast, by Material, 2015-2025 Table 23: Europe CNG Cylinders Market Volume (‘000 Units) & Forecast, by Application, 2015-2025 Table 24: Europe CNG cylinders Market Value (US$ Mn) & Forecast, by Application, 2015-2025 Table 25: Asia Pacific CNG Cylinders Market Volume (‘000 Units) & Forecast, by Country, 2015-2025 Table 26: Asia Pacific CNG Cylinders Market Value (US$ Mn) & Forecast, by Country, 2015-2025 Table 27: Asia Pacific CNG Cylinders Market Volume (‘000 Units) & Forecast, by Type, 2015-2025 Table 28: Asia Pacific CNG Cylinders Market Value (US$ Mn) & Forecast, by Type, 2015-2025 Table 29: Asia Pacific CNG Cylinders Market Volume (‘000 Units) & Forecast, by Material, 2015-2025 Table 30: Asia Pacific CNG Cylinders Market Value (US$ Mn) & Forecast, by Material, 2015-2025 Table 31: Asia Pacific CNG Cylinders Market Volume (‘000 Units) & Forecast, by Application, 2015-2025 Table 32: Asia Pacific CNG Cylinders Market Value (US$ Mn) & Forecast, by Application, 2015-2025 Table 33: Latin America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Country, 2015-2025 Table 34: Latin America CNG Cylinders Market Value (US$ Mn) & Forecast, by Country, 2015-2025 Table 35: Latin America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Type, 2015-2025 Table 36: Latin America CNG Cylinders Market Value (US$ Mn) & Forecast, by Type, 2015-2025 Table 37: Latin America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Material, 2015-2025 Table 38: Latin America CNG Cylinders Market Value (US$ Mn) & Forecast, by Material, 2015-2025 Table 39: Latin America CNG Cylinders Market Volume (‘000 Units) & Forecast, by Application, 2015-2025
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Table 40: Latin America CNG Cylinders Market Value (US$ Mn) & Forecast, by Application, 2015-2025
List Of Figures Figure 01: Global CNG Cylinders Market Size (‘000 Units) (US$ Mn) & Forecast, 2015-2025 Figure 02: Global CNG Cylinders Market Share (Value %) Analysis by Geography, 2016 vs. 2025
Figure 03: Global CNG Cylinders Market Investment Proposition by Geography, 2017 Figure 04: North America CNG Cylinders Market Investment Proposition by Country, 2017 Figure 05: Europe CNG Cylinders Market Investment Proposition by Country, 2017 Figure 06: Asia Pacific CNG Cylinders Market Investment Proposition by Country, 2017 Figure 07: Latin America CNG Cylinders Market Investment Proposition by Country, 2017 Figure 08: Middle East & Africa CNG Cylinders Market Investment Proposition by Country, 2017
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