Product Code: ETC4486285 | 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 CNG Tanks/Cylinders Market is closely tied to the use of compressed natural gas as a cleaner alternative to traditional fuels. As environmental concerns and the need for cleaner transportation options persist, this market is expected to see growth, particularly in the automotive and energy sectors.
The CNG tanks/cylinders market in India is primarily driven by the government`s push for cleaner and more sustainable transportation solutions. CNG is considered a cleaner alternative to gasoline and diesel, and the India government has been promoting its use in public and private vehicles to reduce air pollution and dependence on fossil fuels. The increasing number of CNG refueling stations, incentives for CNG vehicle adoption, and environmental regulations favoring CNG contribute to the growth of this market.
The CNG tanks/cylinders market in India faces challenges related to safety standards and infrastructure. The safe storage and transportation of compressed natural gas require adherence to stringent safety standards, and the need for investment in infrastructure such as CNG filling stations and storage facilities is a significant hurdle for market growth.
The CNG market in India was impacted by the COVID-19 pandemic as travel restrictions and reduced mobility led to a decrease in CNG consumption. However, with a focus on reducing emissions and transitioning to cleaner energy sources, the CNG market may witness a gradual recovery as the economy stabilizes and the demand for eco-friendly transportation options increases.
Key Players in the market are Hexagon Composites ASA, Luxfer Gas Cylinders, Everest Kanto Cylinder Ltd, Quantum Fuel Systems Technologies Worldwide Inc., CNG Cylinders International.
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 Compressed Natural Gas (CNG) Tanks/Cylinders Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, 2021 & 2031F |
3.3 India Compressed Natural Gas (CNG) Tanks/Cylinders Market - Industry Life Cycle |
3.4 India Compressed Natural Gas (CNG) Tanks/Cylinders Market - Porter's Five Forces |
3.5 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Raw Materials, 2021 & 2031F |
3.7 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Trends |
6 India Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Types |
6.1 India Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-1, 2021-2031F |
6.1.4 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-2, 2021-2031F |
6.1.5 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-3, 2021-2031F |
6.1.6 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-4, 2021-2031F |
6.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Raw Materials |
6.2.1 Overview and Analysis |
6.2.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Metal, 2021-2031F |
6.2.3 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.4 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 India Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Light duty vehicles (LDVs), 2021-2031F |
6.3.3 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Medium duty vehicles (MDVs), 2021-2031F |
6.3.4 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Heavy duty vehicles (HDVs), 2021-2031F |
7 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Import-Export Trade Statistics |
7.1 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Export to Major Countries |
7.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Imports from Major Countries |
8 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Key Performance Indicators |
9 India Compressed Natural Gas (CNG) Tanks/Cylinders Market - Opportunity Assessment |
9.1 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Raw Materials, 2021 & 2031F |
9.3 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Compressed Natural Gas (CNG) Tanks/Cylinders Market - Competitive Landscape |
10.1 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenue Share, By Companies, 2024 |
10.2 India Compressed Natural Gas (CNG) Tanks/Cylinders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |