Product Code: ETC4499245 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India market for CNG (Compressed Natural Gas), RNG (Renewable Natural Gas), and hydrogen tanks has grown in response to the growing adoption of alternative fuel vehicles and renewable energy sources. These tanks are essential for storing and transporting gaseous fuels, playing a crucial role in reducing emissions and promoting sustainability.
The India CNG (Compressed Natural Gas), RNG (Renewable Natural Gas), and hydrogen tanks market are interconnected and influenced by the government`s initiatives to promote cleaner fuels and reduce pollution. The adoption of CNG and RNG for transportation and the emergence of hydrogen as a clean energy source are key drivers. Regulatory incentives, environmental concerns, and efforts to reduce greenhouse gas emissions are pushing the market for storage tanks for these alternative fuels.
The market for CNG (Compressed Natural Gas), RNG (Renewable Natural Gas), and hydrogen tanks in India faces challenges related to safety, quality control, and regulatory compliance. Ensuring the structural integrity and gas containment properties of these tanks is crucial. Meeting stringent safety standards for natural gas and hydrogen storage is demanding. Developing cost-effective manufacturing processes and adapting to changing fuel technologies add complexity to the market. Additionally, fluctuations in the energy sector and the transition to cleaner fuels impact demand.
The market for compressed natural gas (CNG), renewable natural gas (RNG), and hydrogen storage tanks faced challenges during the pandemic. Reduced transportation and industrial activities affected demand. However, the shift towards cleaner fuels and the growing emphasis on green energy sources will likely drive the recovery of this market.
Key players in the India CNG, RNG, and hydrogen tanks market are Hexagon Composites, Luxfer Holdings PLC, and Worthington Industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India CNG, RNG, , Hydrogen Tanks Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 India CNG, RNG, , Hydrogen Tanks Market - Industry Life Cycle |
3.4 India CNG, RNG, , Hydrogen Tanks Market - Porter's Five Forces |
3.5 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Gas Type, 2021 & 2031F |
3.6 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Tank Type, 2021 & 2031F |
3.8 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India CNG, RNG, , Hydrogen Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India CNG, RNG, , Hydrogen Tanks Market Trends |
6 India CNG, RNG, , Hydrogen Tanks Market, By Types |
6.1 India CNG, RNG, , Hydrogen Tanks Market, By Gas Type |
6.1.1 Overview and Analysis |
6.1.2 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Gas Type, 2021-2031F |
6.1.3 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By CNG, 2021-2031F |
6.1.4 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By RNG, 2021-2031F |
6.1.5 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.2 India CNG, RNG, , Hydrogen Tanks Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Metal, 2021-2031F |
6.2.3 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.2.4 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.3 India CNG, RNG, , Hydrogen Tanks Market, By Tank Type |
6.3.1 Overview and Analysis |
6.3.2 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type1, 2021-2031F |
6.3.3 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type2, 2021-2031F |
6.3.4 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type3, 2021-2031F |
6.3.5 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type4, 2021-2031F |
6.4 India CNG, RNG, , Hydrogen Tanks Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Fuel Tank, 2021-2031F |
6.4.3 India CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Transportation Tank, 2021-2031F |
7 India CNG, RNG, , Hydrogen Tanks Market Import-Export Trade Statistics |
7.1 India CNG, RNG, , Hydrogen Tanks Market Export to Major Countries |
7.2 India CNG, RNG, , Hydrogen Tanks Market Imports from Major Countries |
8 India CNG, RNG, , Hydrogen Tanks Market Key Performance Indicators |
9 India CNG, RNG, , Hydrogen Tanks Market - Opportunity Assessment |
9.1 India CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Gas Type, 2021 & 2031F |
9.2 India CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 India CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Tank Type, 2021 & 2031F |
9.4 India CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India CNG, RNG, , Hydrogen Tanks Market - Competitive Landscape |
10.1 India CNG, RNG, , Hydrogen Tanks Market Revenue Share, By Companies, 2024 |
10.2 India CNG, RNG, , Hydrogen Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |