Global CNG, RNG, and Hydrogen Tanks Market Size study, by Gas Type (CNG, RNG, Hydrogen), Material Type (Metal, Carbon, Glass), Application (Fuel, Transportation) and Regional Forecasts 2020-2027

BIZ4060857
200 Pages
September 2020
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Global CNG, RNG, and Hydrogen Tanks Market is valued approximately USD 1.53 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.10 % over the forecast period 2020-2027. The Tanks used to store and transport various gases such as CNG, RNG, Hydrogen are made from materials such as Metals, Carbon, Glass. The demand for alternative fuel vehicles, such as CNG, RNG, and hydrogen fuels, is expected to drive the market growth. Further, the increasing stringent environmental regulations force the automotive manufacturers to adopt alternative fuel sources fueling the market growth. Also, increasing governmental support for adoption of these fuels in form of tax incentives and subsidiaries drives the market growth. For Instance: in May 2019, the State of Oklahoma, US revised and approved its legislation for the tax credits related to CNG vehicles and their fueling. The tax period was extended from 1st January 2020 to December 31st, 2027. Also, In December 2019 the Indian Oil Ministry announced a cut in the GST on CNG Vehicles from 28% to 5% with an aim to increase the adoption of Gas vehicles driving the market growth. Further, tightening CO2 emission reduction targets further fuel the market growth. However, high cost of composite material tanks and regulatory approvals impedes the growth of the market over the forecast period of 2020-2027. Although, development of Low weight transportation tanks presents a lucrative opportunity for the market.

The regional analysis of global CNG, RNG, and Hydrogen Tanks market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising population would create lucrative growth prospects for the CNG, RNG, and Hydrogen Tanks market across Asia-Pacific region.

Major market player included in this report are:

Worthington Industries, Inc.

Luxfer Group

Hexagon Composites ASA

Quantum Fuel Systems LLC

Everest Kanto Cylinders Ltd

Praxair Technologies Inc.

Avanco Group

Xinyi Beijing Tianhai Industry Co. Ltd.

Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd

Faber Industrie SpA

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Gas Type:

Compressed Natural Gas (CNG)

Renewable natural Gas (RNG)

Hydrogen

By Material Type:

Metal

Carbon

Glass

By Application:

Fuel

Transportation

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global CNG, RNG, and Hydrogen Tanks Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. CNG, RNG, and Hydrogen Tanks Market, by Region, 2018-2027 (USD Billion)

1.2.2. CNG, RNG, and Hydrogen Tanks Market, by Gas Type, 2018-2027 (USD Billion)

1.2.3. CNG, RNG, and Hydrogen Tanks Market, by Material Type, 2018-2027 (USD Billion)

1.2.4. CNG, RNG, and Hydrogen Tanks Market, by Application, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global CNG, RNG, and Hydrogen Tanks Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global CNG, RNG, and Hydrogen Tanks Market Dynamics

3.1. CNG, RNG, and Hydrogen Tanks Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global CNG, RNG, and Hydrogen Tanks Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global CNG, RNG, and Hydrogen Tanks Market, by Gas Type

5.1. Market Snapshot

5.2. Global CNG, RNG, and Hydrogen Tanks Market by Gas Type, Performance - Potential Analysis

5.3. Global CNG, RNG, and Hydrogen Tanks Market Estimates & Forecasts by Gas Type 2017-2027 (USD Billion)

5.4. CNG, RNG, and Hydrogen Tanks Market, Sub Segment Analysis

5.4.1. Compressed Natural Gas (CNG)

5.4.2. Renewable Natural Gas (RNG)

5.4.3. Hydrogen

Chapter 6. Global CNG, RNG, and Hydrogen Tanks Market, by Material Type

6.1. Market Snapshot

6.2. Global CNG, RNG, and Hydrogen Tanks Market by Material Type, Performance - Potential Analysis

6.3. Global CNG, RNG, and Hydrogen Tanks Market Estimates & Forecasts by Material Type 2017-2027 (USD Billion)

6.4. CNG, RNG, and Hydrogen Tanks Market, Sub Segment Analysis

6.4.1. Metal

6.4.2. Carbon

6.4.3. Glass

Chapter 7. Global CNG, RNG, and Hydrogen Tanks Market, by Application

7.1. Market Snapshot

7.2. Global CNG, RNG, and Hydrogen Tanks Market by Application, Performance - Potential Analysis

7.3. Global CNG, RNG, and Hydrogen Tanks Market Estimates & Forecasts by Application 2017-2027 (USD Billion)

7.4. CNG, RNG, and Hydrogen Tanks Market, Sub Segment Analysis

7.4.1. Fuel

7.4.2. Transportation

Chapter 8. Global CNG, RNG, and Hydrogen Tanks Market, Regional Analysis

8.1. CNG, RNG, and Hydrogen Tanks Market, Regional Market Snapshot

8.2. North America CNG, RNG, and Hydrogen Tanks Market

8.2.1. U.S. CNG, RNG, and Hydrogen Tanks Market

8.2.1.1. Gas Type breakdown estimates & forecasts, 2017-2027

8.2.1.2. Material Type breakdown estimates & forecasts, 2017-2027

8.2.1.3. Application breakdown estimates & forecasts, 2017-2027

8.2.2. Canada CNG, RNG, and Hydrogen Tanks Market

8.3. Europe CNG, RNG, and Hydrogen Tanks Market Snapshot

8.3.1. U.K. CNG, RNG, and Hydrogen Tanks Market

8.3.2. Germany CNG, RNG, and Hydrogen Tanks Market

8.3.3. France CNG, RNG, and Hydrogen Tanks Market

8.3.4. Spain CNG, RNG, and Hydrogen Tanks Market

8.3.5. Italy CNG, RNG, and Hydrogen Tanks Market

8.3.6. Rest of Europe CNG, RNG, and Hydrogen Tanks Market

8.4. Asia-Pacific CNG, RNG, and Hydrogen Tanks Market Snapshot

8.4.1. China CNG, RNG, and Hydrogen Tanks Market

8.4.2. India CNG, RNG, and Hydrogen Tanks Market

8.4.3. Japan CNG, RNG, and Hydrogen Tanks Market

8.4.4. Australia CNG, RNG, and Hydrogen Tanks Market

8.4.5. South Korea CNG, RNG, and Hydrogen Tanks Market

8.4.6. Rest of Asia Pacific CNG, RNG, and Hydrogen Tanks Market

8.5. Latin America CNG, RNG, and Hydrogen Tanks Market Snapshot

8.5.1. Brazil CNG, RNG, and Hydrogen Tanks Market

8.5.2. Mexico CNG, RNG, and Hydrogen Tanks Market

8.6. Rest of The World CNG, RNG, and Hydrogen Tanks Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Worthington Industries, Inc.

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Luxfer Group

9.2.3. Hexagon Composites ASA

9.2.4. Quantum Fuel Systems LLC

9.2.5. Everest Kanto Cylinders Ltd

9.2.6. Praxair Technologies Inc.

9.2.7. Avanco Group

9.2.8. Xinyi Beijing Tianhai Industry Co. Ltd.

9.2.9. Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd

9.2.10. Faber Industrie SpA

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

TABLE 1. Global CNG, RNG, and Hydrogen Tanks market, report scope

TABLE 2. Global CNG, RNG, and Hydrogen Tanks market estimates & forecasts by Region 2017-2027 (USD Billion)

TABLE 3. Global CNG, RNG, and Hydrogen Tanks market estimates & forecasts by Gas Type 2017-2027 (USD Billion)

TABLE 4. Global CNG, RNG, and Hydrogen Tanks market estimates & forecasts by Material Type 2017-2027 (USD Billion)

TABLE 5. Global CNG, RNG, and Hydrogen Tanks market estimates & forecasts by Application 2017-2027 (USD Billion)

TABLE 6. Global CNG, RNG, and Hydrogen Tanks market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global CNG, RNG, and Hydrogen Tanks market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global CNG, RNG, and Hydrogen Tanks market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global CNG, RNG, and Hydrogen Tanks market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global CNG, RNG, and Hydrogen Tanks market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global CNG, RNG, and Hydrogen Tanks market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global CNG, RNG, and Hydrogen Tanks market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global CNG, RNG, and Hydrogen Tanks market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global CNG, RNG, and Hydrogen Tanks market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global CNG, RNG, and Hydrogen Tanks market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. U.S. CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. U.S. CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 18. U.S. CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 19. Canada CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Canada CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 21. Canada CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 22. UK CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 23. UK CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. UK CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 25. Germany CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 26. Germany CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. Germany CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 28. RoE CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 29. RoE CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. RoE CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 31. China CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 32. China CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. China CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 34. India CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 35. India CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. India CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 37. Japan CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 38. Japan CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Japan CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 40. RoAPAC CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 41. RoAPAC CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. RoAPAC CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 43. Brazil CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 44. Brazil CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. Brazil CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 46. Mexico CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 47. Mexico CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. Mexico CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 49. RoLA CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 50. RoLA CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. RoLA CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 52. Row CNG, RNG, and Hydrogen Tanks market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 53. Row CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Row CNG, RNG, and Hydrogen Tanks market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global CNG, RNG, and Hydrogen Tanks market

TABLE 56. List of primary sources, used in the study of global CNG, RNG, and Hydrogen Tanks market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

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