CNG Tank (CNG Cylinder) Consumption Market Expected To Grow At A CAGR Of 5.0 % From 2018-2023
Qurate Research announces the addition of new study based research report on “CNG Tank (CNG Cylinder) Consumption Market” to their suite of offerings.
(EMAILWIRE.COM, September 29, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of Global CNG Tank (CNG Cylinder) Consumption Market for 2018-2023.
CNG Tank/Cylinder is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure vessels.
The CNG Tank/Cylinder industry is not highly concentrated, there are more than one hundred manufacturers in the world, and high-end products mainly come from North America and Western Europe. Limited refueling infrastructures, and higher prices of composite cylinders, are some of the factors that hinder the growth of the CNG tanks/cylinders.
Get Sample Copy of This Report@ https://www.qurateresearch.com/report/sample/MnE/QBI-LPI-MnE-6034
Rising price of raw materials such as metals, glass fiber, carbon fiber, and other components used in manufacturing of CNG tanks/cylinders are the few challenges inhibiting the growth of the CNG tanks/cylinders market.
In the world wide, major manufactures mainly are Sinomatech, Everest Kanto Cylinders, Worthington Industries, Luxfer Group, Hexagon Composites, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies, Faber Industry, CIMC ENRIC, Avanco Group and etc.
Over the next five years, expert projects that CNG Tank (CNG Cylinder) will register a 5.0% CAGR in terms of revenue, reach US$ 970 million by 2023, from US$ 730 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of CNG Tank (CNG Cylinder) market by product type, application, key manufacturers and key regions.
For Enquiry, Visit@ https://www.qurateresearch.com/report/enquiry/MnE/QBI-LPI-MnE-6034
To calculate the market size, expert considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Type 1
Type 2
Type 3
Type 4
Others
Segmentation by application:
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Sinomatech
Everest Kanto Cylinders
Worthington Industries
Luxfer Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Get Customize Report@ https://www.qurateresearch.com/report/customize/MnE/QBI-LPI-MnE-6034
Table of Content:
2018-2023 Global CNG Tank (CNG Cylinder) Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global CNG Tank (CNG Cylinder) Consumption 2013-2023
2.1.2 CNG Tank (CNG Cylinder) Consumption CAGR by Region
2.2 CNG Tank (CNG Cylinder) Segment by Type
2.2.1 Type 1
2.2.2 Type 2
2.2.3 Type 3
3 Global CNG Tank (CNG Cylinder) by Players
3.1 Global CNG Tank (CNG Cylinder) Sales Market Share by Players
3.1.1 Global CNG Tank (CNG Cylinder) Sales by Players (2016-2018)
3.1.2 Global CNG Tank (CNG Cylinder) Sales Market Share by Players (2016-2018)
3.2 Global CNG Tank (CNG Cylinder) Revenue Market Share by Players
3.2.1 Global CNG Tank (CNG Cylinder) Revenue by Players (2016-2018)
Get Discount@ https://www.qurateresearch.com/report/discount/MnE/QBI-LPI-MnE-6034
CNG Tank/Cylinder is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure vessels.
The CNG Tank/Cylinder industry is not highly concentrated, there are more than one hundred manufacturers in the world, and high-end products mainly come from North America and Western Europe. Limited refueling infrastructures, and higher prices of composite cylinders, are some of the factors that hinder the growth of the CNG tanks/cylinders.
Get Sample Copy of This Report@ https://www.qurateresearch.com/report/sample/MnE/QBI-LPI-MnE-6034
Rising price of raw materials such as metals, glass fiber, carbon fiber, and other components used in manufacturing of CNG tanks/cylinders are the few challenges inhibiting the growth of the CNG tanks/cylinders market.
In the world wide, major manufactures mainly are Sinomatech, Everest Kanto Cylinders, Worthington Industries, Luxfer Group, Hexagon Composites, Beijing Tianhai Industry, Rama Cylinders, Quantum Technologies, Faber Industry, CIMC ENRIC, Avanco Group and etc.
Over the next five years, expert projects that CNG Tank (CNG Cylinder) will register a 5.0% CAGR in terms of revenue, reach US$ 970 million by 2023, from US$ 730 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of CNG Tank (CNG Cylinder) market by product type, application, key manufacturers and key regions.
For Enquiry, Visit@ https://www.qurateresearch.com/report/enquiry/MnE/QBI-LPI-MnE-6034
To calculate the market size, expert considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Type 1
Type 2
Type 3
Type 4
Others
Segmentation by application:
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Sinomatech
Everest Kanto Cylinders
Worthington Industries
Luxfer Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Get Customize Report@ https://www.qurateresearch.com/report/customize/MnE/QBI-LPI-MnE-6034
Table of Content:
2018-2023 Global CNG Tank (CNG Cylinder) Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global CNG Tank (CNG Cylinder) Consumption 2013-2023
2.1.2 CNG Tank (CNG Cylinder) Consumption CAGR by Region
2.2 CNG Tank (CNG Cylinder) Segment by Type
2.2.1 Type 1
2.2.2 Type 2
2.2.3 Type 3
3 Global CNG Tank (CNG Cylinder) by Players
3.1 Global CNG Tank (CNG Cylinder) Sales Market Share by Players
3.1.1 Global CNG Tank (CNG Cylinder) Sales by Players (2016-2018)
3.1.2 Global CNG Tank (CNG Cylinder) Sales Market Share by Players (2016-2018)
3.2 Global CNG Tank (CNG Cylinder) Revenue Market Share by Players
3.2.1 Global CNG Tank (CNG Cylinder) Revenue by Players (2016-2018)
Get Discount@ https://www.qurateresearch.com/report/discount/MnE/QBI-LPI-MnE-6034
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
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Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results