Product Code: ETC4486289 | 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 market for CNG tanks and cylinders in Indonesia is experiencing significant growth, aligning with efforts to transition towards cleaner and more sustainable energy solutions. CNG serves as a viable alternative to traditional fossil fuels, with reduced emissions and cost-effective benefits. Government support for the development of CNG infrastructure and regulations promoting its adoption in transportation are key drivers for market expansion. The CNG tanks/cylinders market is poised for sustained growth as Indonesia embraces greener energy options.
The Indonesia Compressed Natural Gas (CNG) tanks and cylinders market is primarily driven by the government`s initiatives to promote the use of natural gas as a cleaner and more affordable alternative to gasoline and diesel. With Indonesia`s abundant natural gas reserves, it becomes a cost-effective choice. Moreover, the increasing awareness of environmental issues, such as air pollution and greenhouse gas emissions, drives the adoption of CNG in the transportation sector. Government incentives, including subsidies and tax breaks, further boost the demand for CNG vehicles and their associated infrastructure, creating a burgeoning market for CNG tanks and cylinders in the country.
The Indonesia CNG tanks/cylinders market encounters hurdles in terms of technology advancement and ensuring compliance with international safety standards. Moreover, there is a need for substantial investment in infrastructure for refueling stations, which requires strategic planning and collaboration with government bodies. Competition from alternative fuel solutions also presents a significant challenge.
The CNG tanks and cylinders market faced challenges during the pandemic, primarily due to reduced transportation and industrial activities. As the demand for cleaner and more sustainable fuel options increases, the market is expected to recover.
Indonesia`s CNG tanks and cylinders market has been driven by players such as PT Pindad, an Indonesian state-owned defense company that also manufactures CNG cylinders. Their expertise in high-pressure cylinder manufacturing has contributed to the growth of CNG infrastructure in the country.
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 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market - Industry Life Cycle |
3.4 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market - Porter's Five Forces |
3.5 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Raw Materials, 2021 & 2031F |
3.7 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Trends |
6 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Types |
6.1 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-1, 2021-2031F |
6.1.4 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-2, 2021-2031F |
6.1.5 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-3, 2021-2031F |
6.1.6 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-4, 2021-2031F |
6.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Raw Materials |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Metal, 2021-2031F |
6.2.3 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.4 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Light duty vehicles (LDVs), 2021-2031F |
6.3.3 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Medium duty vehicles (MDVs), 2021-2031F |
6.3.4 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Heavy duty vehicles (HDVs), 2021-2031F |
7 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Import-Export Trade Statistics |
7.1 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Export to Major Countries |
7.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Imports from Major Countries |
8 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Key Performance Indicators |
9 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market - Opportunity Assessment |
9.1 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Raw Materials, 2021 & 2031F |
9.3 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market - Competitive Landscape |
10.1 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Compressed Natural Gas (CNG) Tanks/Cylinders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |