| Product Code: ETC4499222 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United States continues to see a steady increase in the import shipments of CNG, RNG, and hydrogen tanks, with top exporting countries in 2024 being China, India, South Korea, Italy, and the UAE. Despite the diverse sourcing locations, market concentration remains low in 2024 according to the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 8.37%, indicating sustained growth in the sector. The growth rate from 2023 to 2024 is also positive at 0.35%, reflecting a resilient market for these essential energy storage solutions.
rng
hydrogen tanks market
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 States (US) CNG, RNG, , Hydrogen Tanks Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) CNG, RNG, , Hydrogen Tanks Market - Industry Life Cycle |
3.4 United States (US) CNG, RNG, , Hydrogen Tanks Market - Porter's Five Forces |
3.5 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Gas Type, 2021 & 2031F |
3.6 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Tank Type, 2021 & 2031F |
3.8 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) CNG, RNG, , Hydrogen Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and policies promoting the adoption of alternative fuels like CNG, RNG, and hydrogen for transportation purposes in the US. |
4.2.2 Growing focus on reducing greenhouse gas emissions and transitioning towards cleaner energy sources driving the demand for CNG, RNG, and hydrogen tanks. |
4.2.3 Advancements in technology leading to the development of more efficient and cost-effective CNG, RNG, and hydrogen tank solutions. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the installation and infrastructure development for CNG, RNG, and hydrogen fueling stations. |
4.3.2 Limited availability and accessibility of refueling infrastructure for CNG, RNG, and hydrogen vehicles across the US. |
4.3.3 Concerns regarding the safety and handling of CNG, RNG, and hydrogen tanks impacting consumer confidence and adoption rates. |
5 United States (US) CNG, RNG, , Hydrogen Tanks Market Trends |
6 United States (US) CNG, RNG, , Hydrogen Tanks Market, By Types |
6.1 United States (US) CNG, RNG, , Hydrogen Tanks Market, By Gas Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Gas Type, 2021 - 2031F |
6.1.3 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By CNG, 2021 - 2031F |
6.1.4 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By RNG, 2021 - 2031F |
6.1.5 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Hydrogen, 2021 - 2031F |
6.2 United States (US) CNG, RNG, , Hydrogen Tanks Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2.3 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.2.4 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Glass Fiber, 2021 - 2031F |
6.3 United States (US) CNG, RNG, , Hydrogen Tanks Market, By Tank Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type1, 2021 - 2031F |
6.3.3 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type2, 2021 - 2031F |
6.3.4 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type3, 2021 - 2031F |
6.3.5 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Type4, 2021 - 2031F |
6.4 United States (US) CNG, RNG, , Hydrogen Tanks Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Fuel Tank, 2021 - 2031F |
6.4.3 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenues & Volume, By Transportation Tank, 2021 - 2031F |
7 United States (US) CNG, RNG, , Hydrogen Tanks Market Import-Export Trade Statistics |
7.1 United States (US) CNG, RNG, , Hydrogen Tanks Market Export to Major Countries |
7.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Imports from Major Countries |
8 United States (US) CNG, RNG, , Hydrogen Tanks Market Key Performance Indicators |
8.1 Number of new government policies or regulations supporting the use of alternative fuels in the transportation sector. |
8.2 Growth in the number of CNG, RNG, and hydrogen refueling stations across key regions in the US. |
8.3 Technological advancements leading to increased energy density and storage capacity of CNG, RNG, and hydrogen tanks. |
8.4 Percentage of fleet vehicles transitioning to CNG, RNG, and hydrogen fuel systems. |
8.5 Investment trends in research and development for CNG, RNG, and hydrogen tank technologies. |
9 United States (US) CNG, RNG, , Hydrogen Tanks Market - Opportunity Assessment |
9.1 United States (US) CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Gas Type, 2021 & 2031F |
9.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 United States (US) CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Tank Type, 2021 & 2031F |
9.4 United States (US) CNG, RNG, , Hydrogen Tanks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) CNG, RNG, , Hydrogen Tanks Market - Competitive Landscape |
10.1 United States (US) CNG, RNG, , Hydrogen Tanks Market Revenue Share, By Companies, 2024 |
10.2 United States (US) CNG, RNG, , Hydrogen Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |