Type IV CNG Cylinders Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
Type IV CNG Cylinders offer the lightest weight per unit volume of any CNG cylinder. Weighing only 30% of the weight of steel cylinders, they improve vehicle range, payload, handling, and fuel efficiency.
This report aims to provide a comprehensive presentation of the global market for Type IV CNG Cylinders study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Type IV CNG Cylinders Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Type IV CNG Cylinders Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Type IV CNG Cylinders companies in 2021 (%)
The global Type IV CNG Cylinders market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
100L Below Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Type IV CNG Cylinders include Time Technoplast, SANTEKSANTEK, EKC, Hanwha Group, Hexagon, Quantum Fuel Systems, Worthington Industries, Luxfer and ECS COMPOSITE, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Type IV CNG Cylinders manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Type IV CNG Cylinders Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Type IV CNG Cylinders Market Segment Percentages, by Type, 2021 (%)
100L Below
100-500L
500-1000L
1000L Above
Global Type IV CNG Cylinders Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Type IV CNG Cylinders Market Segment Percentages, by Application, 2021 (%)
Commercial Vehicles
Passenger Cars
Global Type IV CNG Cylinders Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Type IV CNG Cylinders Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Type IV CNG Cylinders revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Type IV CNG Cylinders revenues share in global market, 2021 (%)
Key companies Type IV CNG Cylinders sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Type IV CNG Cylinders sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Time Technoplast
SANTEKSANTEK
EKC
Hanwha Group
Hexagon
Quantum Fuel Systems
Worthington Industries
Luxfer
ECS COMPOSITE
Steelhead Composites
Sotay
NPROXX
ILJIN Composites
CP Industries
Aburi Composites
Indoruss Synergy
SUPREME INDUSTRIES
Faurecia
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Type IV CNG Cylinders Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Type IV CNG Cylinders Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Type IV CNG Cylinders Overall Market Size
2.1 Global Type IV CNG Cylinders Market Size: 2021 VS 2028
2.2 Global Type IV CNG Cylinders Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Type IV CNG Cylinders Sales: 2017-2028
3 Company Landscape
3.1 Top Type IV CNG Cylinders Players in Global Market
3.2 Top Global Type IV CNG Cylinders Companies Ranked by Revenue
3.3 Global Type IV CNG Cylinders Revenue by Companies
3.4 Global Type IV CNG Cylinders Sales by Companies
3.5 Global Type IV CNG Cylinders Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Type IV CNG Cylinders Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Type IV CNG Cylinders Product Type
3.8 Tier 1, Tier 2 and Tier 3 Type IV CNG Cylinders Players in Global Market
3.8.1 List of Global Tier 1 Type IV CNG Cylinders Companies
3.8.2 List of Global Tier 2 and Tier 3 Type IV CNG Cylinders Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Type IV CNG Cylinders Market Size Markets, 2021 & 2028
4.1.2 100L Below
4.1.3 100-500L
4.1.4 500-1000L
4.1.5 1000L Above
4.2 By Type - Global Type IV CNG Cylinders Revenue & Forecasts
4.2.1 By Type - Global Type IV CNG Cylinders Revenue, 2017-2022
4.2.2 By Type - Global Type IV CNG Cylinders Revenue, 2023-2028
4.2.3 By Type - Global Type IV CNG Cylinders Revenue Market Share, 2017-2028
4.3 By Type - Global Type IV CNG Cylinders Sales & Forecasts
4.3.1 By Type - Global Type IV CNG Cylinders Sales, 2017-2022
4.3.2 By Type - Global Type IV CNG Cylinders Sales, 2023-2028
4.3.3 By Type - Global Type IV CNG Cylinders Sales Market Share, 2017-2028
4.4 By Type - Global Type IV CNG Cylinders Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Type IV CNG Cylinders Market Size, 2021 & 2028
5.1.2 Commercial Vehicles
5.1.3 Passenger Cars
5.2 By Application - Global Type IV CNG Cylinders Revenue & Forecasts
5.2.1 By Application - Global Type IV CNG Cylinders Revenue, 2017-2022
5.2.2 By Application - Global Type IV CNG Cylinders Revenue, 2023-2028
5.2.3 By Application - Global Type IV CNG Cylinders Revenue Market Share, 2017-2028
5.3 By Application - Global Type IV CNG Cylinders Sales & Forecasts
5.3.1 By Application - Global Type IV CNG Cylinders Sales, 2017-2022
5.3.2 By Application - Global Type IV CNG Cylinders Sales, 2023-2028
5.3.3 By Application - Global Type IV CNG Cylinders Sales Market Share, 2017-2028
5.4 By Application - Global Type IV CNG Cylinders Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Type IV CNG Cylinders Market Size, 2021 & 2028
6.2 By Region - Global Type IV CNG Cylinders Revenue & Forecasts
6.2.1 By Region - Global Type IV CNG Cylinders Revenue, 2017-2022
6.2.2 By Region - Global Type IV CNG Cylinders Revenue, 2023-2028
6.2.3 By Region - Global Type IV CNG Cylinders Revenue Market Share, 2017-2028
6.3 By Region - Global Type IV CNG Cylinders Sales & Forecasts
6.3.1 By Region - Global Type IV CNG Cylinders Sales, 2017-2022
6.3.2 By Region - Global Type IV CNG Cylinders Sales, 2023-2028
6.3.3 By Region - Global Type IV CNG Cylinders Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Type IV CNG Cylinders Revenue, 2017-2028
6.4.2 By Country - North America Type IV CNG Cylinders Sales, 2017-2028
6.4.3 US Type IV CNG Cylinders Market Size, 2017-2028
6.4.4 Canada Type IV CNG Cylinders Market Size, 2017-2028
6.4.5 Mexico Type IV CNG Cylinders Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Type IV CNG Cylinders Revenue, 2017-2028
6.5.2 By Country - Europe Type IV CNG Cylinders Sales, 2017-2028
6.5.3 Germany Type IV CNG Cylinders Market Size, 2017-2028
6.5.4 France Type IV CNG Cylinders Market Size, 2017-2028
6.5.5 U.K. Type IV CNG Cylinders Market Size, 2017-2028
6.5.6 Italy Type IV CNG Cylinders Market Size, 2017-2028
6.5.7 Russia Type IV CNG Cylinders Market Size, 2017-2028
6.5.8 Nordic Countries Type IV CNG Cylinders Market Size, 2017-2028
6.5.9 Benelux Type IV CNG Cylinders Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Type IV CNG Cylinders Revenue, 2017-2028
6.6.2 By Region - Asia Type IV CNG Cylinders Sales, 2017-2028
6.6.3 China Type IV CNG Cylinders Market Size, 2017-2028
6.6.4 Japan Type IV CNG Cylinders Market Size, 2017-2028
6.6.5 South Korea Type IV CNG Cylinders Market Size, 2017-2028
6.6.6 Southeast Asia Type IV CNG Cylinders Market Size, 2017-2028
6.6.7 India Type IV CNG Cylinders Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Type IV CNG Cylinders Revenue, 2017-2028
6.7.2 By Country - South America Type IV CNG Cylinders Sales, 2017-2028
6.7.3 Brazil Type IV CNG Cylinders Market Size, 2017-2028
6.7.4 Argentina Type IV CNG Cylinders Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Type IV CNG Cylinders Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Type IV CNG Cylinders Sales, 2017-2028
6.8.3 Turkey Type IV CNG Cylinders Market Size, 2017-2028
6.8.4 Israel Type IV CNG Cylinders Market Size, 2017-2028
6.8.5 Saudi Arabia Type IV CNG Cylinders Market Size, 2017-2028
6.8.6 UAE Type IV CNG Cylinders Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Time Technoplast
7.1.1 Time Technoplast Corporate Summary
7.1.2 Time Technoplast Business Overview
7.1.3 Time Technoplast Type IV CNG Cylinders Major Product Offerings
7.1.4 Time Technoplast Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.1.5 Time Technoplast Key News
7.2 SANTEKSANTEK
7.2.1 SANTEKSANTEK Corporate Summary
7.2.2 SANTEKSANTEK Business Overview
7.2.3 SANTEKSANTEK Type IV CNG Cylinders Major Product Offerings
7.2.4 SANTEKSANTEK Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.2.5 SANTEKSANTEK Key News
7.3 EKC
7.3.1 EKC Corporate Summary
7.3.2 EKC Business Overview
7.3.3 EKC Type IV CNG Cylinders Major Product Offerings
7.3.4 EKC Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.3.5 EKC Key News
7.4 Hanwha Group
7.4.1 Hanwha Group Corporate Summary
7.4.2 Hanwha Group Business Overview
7.4.3 Hanwha Group Type IV CNG Cylinders Major Product Offerings
7.4.4 Hanwha Group Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.4.5 Hanwha Group Key News
7.5 Hexagon
7.5.1 Hexagon Corporate Summary
7.5.2 Hexagon Business Overview
7.5.3 Hexagon Type IV CNG Cylinders Major Product Offerings
7.5.4 Hexagon Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.5.5 Hexagon Key News
7.6 Quantum Fuel Systems
7.6.1 Quantum Fuel Systems Corporate Summary
7.6.2 Quantum Fuel Systems Business Overview
7.6.3 Quantum Fuel Systems Type IV CNG Cylinders Major Product Offerings
7.6.4 Quantum Fuel Systems Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.6.5 Quantum Fuel Systems Key News
7.7 Worthington Industries
7.7.1 Worthington Industries Corporate Summary
7.7.2 Worthington Industries Business Overview
7.7.3 Worthington Industries Type IV CNG Cylinders Major Product Offerings
7.7.4 Worthington Industries Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.7.5 Worthington Industries Key News
7.8 Luxfer
7.8.1 Luxfer Corporate Summary
7.8.2 Luxfer Business Overview
7.8.3 Luxfer Type IV CNG Cylinders Major Product Offerings
7.8.4 Luxfer Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.8.5 Luxfer Key News
7.9 ECS COMPOSITE
7.9.1 ECS COMPOSITE Corporate Summary
7.9.2 ECS COMPOSITE Business Overview
7.9.3 ECS COMPOSITE Type IV CNG Cylinders Major Product Offerings
7.9.4 ECS COMPOSITE Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.9.5 ECS COMPOSITE Key News
7.10 Steelhead Composites
7.10.1 Steelhead Composites Corporate Summary
7.10.2 Steelhead Composites Business Overview
7.10.3 Steelhead Composites Type IV CNG Cylinders Major Product Offerings
7.10.4 Steelhead Composites Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.10.5 Steelhead Composites Key News
7.11 Sotay
7.11.1 Sotay Corporate Summary
7.11.2 Sotay Type IV CNG Cylinders Business Overview
7.11.3 Sotay Type IV CNG Cylinders Major Product Offerings
7.11.4 Sotay Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.11.5 Sotay Key News
7.12 NPROXX
7.12.1 NPROXX Corporate Summary
7.12.2 NPROXX Type IV CNG Cylinders Business Overview
7.12.3 NPROXX Type IV CNG Cylinders Major Product Offerings
7.12.4 NPROXX Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.12.5 NPROXX Key News
7.13 ILJIN Composites
7.13.1 ILJIN Composites Corporate Summary
7.13.2 ILJIN Composites Type IV CNG Cylinders Business Overview
7.13.3 ILJIN Composites Type IV CNG Cylinders Major Product Offerings
7.13.4 ILJIN Composites Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.13.5 ILJIN Composites Key News
7.14 CP Industries
7.14.1 CP Industries Corporate Summary
7.14.2 CP Industries Business Overview
7.14.3 CP Industries Type IV CNG Cylinders Major Product Offerings
7.14.4 CP Industries Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.14.5 CP Industries Key News
7.15 Aburi Composites
7.15.1 Aburi Composites Corporate Summary
7.15.2 Aburi Composites Business Overview
7.15.3 Aburi Composites Type IV CNG Cylinders Major Product Offerings
7.15.4 Aburi Composites Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.15.5 Aburi Composites Key News
7.16 Indoruss Synergy
7.16.1 Indoruss Synergy Corporate Summary
7.16.2 Indoruss Synergy Business Overview
7.16.3 Indoruss Synergy Type IV CNG Cylinders Major Product Offerings
7.16.4 Indoruss Synergy Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.16.5 Indoruss Synergy Key News
7.17 SUPREME INDUSTRIES
7.17.1 SUPREME INDUSTRIES Corporate Summary
7.17.2 SUPREME INDUSTRIES Business Overview
7.17.3 SUPREME INDUSTRIES Type IV CNG Cylinders Major Product Offerings
7.17.4 SUPREME INDUSTRIES Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.17.5 SUPREME INDUSTRIES Key News
7.18 Faurecia
7.18.1 Faurecia Corporate Summary
7.18.2 Faurecia Business Overview
7.18.3 Faurecia Type IV CNG Cylinders Major Product Offerings
7.18.4 Faurecia Type IV CNG Cylinders Sales and Revenue in Global (2017-2022)
7.18.5 Faurecia Key News
8 Global Type IV CNG Cylinders Production Capacity, Analysis
8.1 Global Type IV CNG Cylinders Production Capacity, 2017-2028
8.2 Type IV CNG Cylinders Production Capacity of Key Manufacturers in Global Market
8.3 Global Type IV CNG Cylinders Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Type IV CNG Cylinders Supply Chain Analysis
10.1 Type IV CNG Cylinders Industry Value Chain
10.2 Type IV CNG Cylinders Upstream Market
10.3 Type IV CNG Cylinders Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Type IV CNG Cylinders Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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