Product Code: ETC4486301 | 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 UAE Compressed Natural Gas (CNG) tanks and cylinders market is expanding rapidly as the nation seeks cleaner and more sustainable alternatives to traditional fossil fuels. CNG is seen as an eco-friendly fuel option, and the UAE government has been promoting its use in public transportation and commercial vehicles. This has led to a surge in demand for CNG tanks and cylinders, with both domestic production and imports playing a significant role in meeting this demand. The market`s growth is also driven by the UAE commitment to reducing greenhouse gas emissions and its ambitious goals in transitioning to a more sustainable energy landscape.
The UAE Compressed Natural Gas (CNG) Tanks/Cylinders market is being driven by the growing focus on reducing greenhouse gas emissions and the transition towards cleaner energy sources. CNG is considered a cleaner alternative to traditional fuels and is widely used for transportation and industrial applications. The UAE government`s initiatives to promote CNG as an alternative fuel, coupled with the increasing demand for sustainable transportation solutions, are key drivers for this market`s growth.
The Compressed Natural Gas (CNG) Tanks/Cylinders market in the UAE is witnessing significant growth attributed to the increasing adoption of natural gas as a cleaner alternative fuel in transportation and industrial applications. CNG tanks and cylinders play a crucial role in storing and transporting natural gas for vehicles and industrial purposes. With the government`s initiatives to promote clean energy and reduce emissions, the market exhibits promising growth prospects. Nevertheless, challenges related to safety standards, infrastructure development, and establishing a comprehensive refueling network pose hurdles for sustained market expansion and consumer acceptance.
The Compressed Natural Gas (CNG) Tanks/Cylinders market in the UAE faced challenges due to disruptions in the transportation and energy sectors. Reduced travel and changes in energy preferences impacted the market for CNG tanks/cylinders. However, the market adapted by emphasizing safe and efficient CNG storage solutions, contributing to the recovery as transportation activities gradually resumed.
Leading the Compressed Natural Gas (CNG) Tanks/Cylinders market in the UAE are key players such as Luxfer Gas Cylinder, Worthington Industries, and Hexagon Composites ASA. This market involves the manufacturing and supply of CNG tanks and cylinders for use in vehicles powered by compressed natural gas.
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 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Raw Materials, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Trends |
6 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Types |
6.1 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-1, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-2, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-3, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Type-4, 2021-2031F |
6.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Raw Materials |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Metal, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Light duty vehicles (LDVs), 2021-2031F |
6.3.3 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Medium duty vehicles (MDVs), 2021-2031F |
6.3.4 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenues & Volume, By Heavy duty vehicles (HDVs), 2021-2031F |
7 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Imports from Major Countries |
8 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Key Performance Indicators |
9 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Raw Materials, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Compressed Natural Gas (CNG) Tanks/Cylinders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |