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Renewable natural gas(RNG), also known as biomethane, is a pipeline-quality vehicle fuel produced from organic materials—such as waste from landfills and livestock—through anaerobic digestion. RNG qualifies as an advanced biofuel under the Renewable Fuel Standard. Compressed natural gas is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG). CNG combustion produces fewer undesirable gases than the aforementioned fuels. In comparison to other fuels, natural gas poses less of a threat in the event of a spill, because it is lighter than air and disperses quickly when released. Biomethane — refined biogas from anaerobic digestion or landfills — can be used.
The global CNG, RNG, and Hydrogen Tanks market was valued at US$ XX million in 2019 and is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
This report focuses on CNG, RNG, and Hydrogen Tanks volume and value at the global level, regional level and company level. From a global perspective, this report represents overall CNG, RNG, and Hydrogen Tanks market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global CNG, RNG, and Hydrogen Tanks Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Metal
Carbon Fiber
Glass Fiber
Segment by Application
Fuel Tank
Transportation Tank
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Worthington Industries, Inc.
Luxfer Group
Hexagon Composites ASA
Quantum Fuel Systems LLC.
Everest Kanto Cylinders Ltd.
Xinyi Beijing Tianhai Industry Co. Ltd.
Faber Industrie SpA
Cenergy Solutions
Alternative Fuels Data Center
Nat G CNG Solutions，LLC.
Doosan Mobility Innovation
The global CNG, RNG, and Hydrogen Tanks market was valued at US$ XX million in 2019 and is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
This report focuses on CNG, RNG, and Hydrogen Tanks volume and value at the global level, regional level and company level. From a global perspective, this report represents overall CNG, RNG, and Hydrogen Tanks market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global CNG, RNG, and Hydrogen Tanks Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Metal
Carbon Fiber
Glass Fiber
Segment by Application
Fuel Tank
Transportation Tank
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Worthington Industries, Inc.
Luxfer Group
Hexagon Composites ASA
Quantum Fuel Systems LLC.
Everest Kanto Cylinders Ltd.
Xinyi Beijing Tianhai Industry Co. Ltd.
Faber Industrie SpA
Cenergy Solutions
Alternative Fuels Data Center
Nat G CNG Solutions，LLC.
Doosan Mobility Innovation
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
