CNG ISO Tank Container is made using the cylinder shape with a semi-spherical shape covering each end. The cylinder and semi-spherical shapes provide the strongest structural shape because the circular and spherical shapes provide for equal distribution of stresses throughout the inner area of the tank producing the highest safety available for high-pressure vessels. And the tank meets ISO international standards.
Global CNG ISO Tank Container key players include Hexagon Composites, Quantum Technologies, Luxfer Group, Everest Kanto Cylinders, Faber Industrie, etc. Global top five manufacturers hold a share about 80%. North America is the largest market, with a share about 45%, followed by Europe, with a share about 25 percent. In terms of product, 25-35 FT is the largest segment, with a share about 65%. And in terms of application, the largest application is Vehicles Transportation, followed by Others Transportation.
Market Analysis and Insights: Global CNG ISO Tank Container Market
In 2020, the global CNG ISO Tank Container market size was US$ 59 million and it is expected to reach US$ 69 million by the end of 2027, with a CAGR of 2.0% during 2021-2027.
Global CNG ISO Tank Container Scope and Market Size
CNG ISO Tank Container market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global CNG ISO Tank Container market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the CNG ISO Tank Container market is segmented into
Below 25 FT
Above 35 FT
Segment by Application, the CNG ISO Tank Container market is segmented into
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and CNG ISO Tank Container Market Share Analysis
CNG ISO Tank Container market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, CNG ISO Tank Container product introduction, recent developments, CNG ISO Tank Container sales by region, type, application and by sales channel.
The major companies include:
Everest Kanto Cylinders