The global market for Compressed Natural Gas Cylinders was estimated to be worth US$ 1191 million in 2024 and is forecast to a readjusted size of US$ 2039 million by 2031 with a CAGR of 8.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Compressed Natural Gas Cylinders cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Compressed Natural Gas Cylinders are high-pressure vessels specially designed to store and supply compressed natural gas (CNG) as fuel in vehicles. These cylinders are typically made of high-strength alloy steel, aluminum alloys, or lightweight composite materials such as carbon-fiber-reinforced resin, capable of withstanding working pressures up to 20-25 MPa. They are installed in cars, buses, and commercial vehicles to ensure the safe, reliable, and efficient use of CNG as a clean automotive fuel.
Compressed Natural Gas (CNG) cylinders are high-pressure vessels designed to store and transport natural gas for use in vehicles. They are a critical component of CNG vehicle safety and range.
CNG cylinders are classified into four main types:
Type I (All-steel): Durable and cost-effective, still widely used in taxis and public transport.
Type II (Steel liner with hoop-wound glass fiber): Lighter than Type I, with moderate cost advantages.
Type III (Aluminum liner fully wrapped with carbon or glass fiber): Significantly reduced weight and improved corrosion resistance, ideal for light-duty vehicles.
Type IV (Plastic liner fully wrapped with carbon fiber): The lightest and highest performance option, with premium pricing, suited for specialized fleets.
Globally, demand is concentrated in Asia-Pacific, Latin America, and parts of the Middle East, driven by fuel cost savings and emission-reduction policies. In China, CNG vehicles grew rapidly over the past decade in taxis and buses, but growth has moderated as LNG and electrification have expanded. Nonetheless, vehicle renewal cycles and tightening safety standards sustain replacement demand.
Lightweight composite cylinders (Type III/IV) are gaining share due to their benefits in range and payload capacity. Companies like Luxfer, Hexagon Composites, Worthington, and Faber lead the global market, while Chinese producers (China National Building Material, CIMC Enric, Tianhai Industry) dominate the steel and mid-tier composite segments. Type IV cylinders still rely heavily on imported carbon fiber, creating a cost and supply chain constraint.
In the future, stricter safety regulations, advances in composite material processing, and integration with hydrogen storage technologies will shape the competitive landscape. Demand for premium CNG cylinders in logistics and mid-sized buses will likely remain stable, even as other fuels grow.
This report aims to provide a comprehensive presentation of the global market for Compressed Natural Gas Cylinders, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Compressed Natural Gas Cylinders by region & country, by Type, and by Application.
The Compressed Natural Gas Cylinders market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compressed Natural Gas Cylinders.
Market Segmentation
By Company
- Sinomatech
- Everest Kanto Cylinders
- Hexagon Agility
- Worthington Industries
- Luxfer Group
- Hengyang Jinhua
- Rama Cylinders
- Beijing Tianhai Industry
- CIMC ENRIC
- Quantum Fuel Systems
- Anhui Clean Energy
- Faber Industrie
- Zhejiang Jindun
- Zhejiang Tianen
Segment by Type
- Type 1 CNG Cylinder
- Type 2 CNG Cylinder
- Type 3 CNG Cylinder
- Type 4 CNG Cylinder
Segment by Application
- Passenger Car
- Commercial Vehicle
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Compressed Natural Gas Cylinders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Compressed Natural Gas Cylinders in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Compressed Natural Gas Cylinders in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Compressed Natural Gas Cylinders Product Introduction
- 1.2 Global Compressed Natural Gas Cylinders Market Size Forecast
- 1.2.1 Global Compressed Natural Gas Cylinders Sales Value (2020-2031)
- 1.2.2 Global Compressed Natural Gas Cylinders Sales Volume (2020-2031)
- 1.2.3 Global Compressed Natural Gas Cylinders Sales Price (2020-2031)
- 1.3 Compressed Natural Gas Cylinders Market Trends & Drivers
- 1.3.1 Compressed Natural Gas Cylinders Industry Trends
- 1.3.2 Compressed Natural Gas Cylinders Market Drivers & Opportunity
- 1.3.3 Compressed Natural Gas Cylinders Market Challenges
- 1.3.4 Compressed Natural Gas Cylinders Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Compressed Natural Gas Cylinders Players Revenue Ranking (2024)
- 2.2 Global Compressed Natural Gas Cylinders Revenue by Company (2020-2025)
- 2.3 Global Compressed Natural Gas Cylinders Players Sales Volume Ranking (2024)
- 2.4 Global Compressed Natural Gas Cylinders Sales Volume by Company Players (2020-2025)
- 2.5 Global Compressed Natural Gas Cylinders Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Compressed Natural Gas Cylinders Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Compressed Natural Gas Cylinders Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Compressed Natural Gas Cylinders
- 2.9 Compressed Natural Gas Cylinders Market Competitive Analysis
- 2.9.1 Compressed Natural Gas Cylinders Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Compressed Natural Gas Cylinders Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Compressed Natural Gas Cylinders as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Type 1 CNG Cylinder
- 3.1.2 Type 2 CNG Cylinder
- 3.1.3 Type 3 CNG Cylinder
- 3.1.4 Type 4 CNG Cylinder
- 3.2 Global Compressed Natural Gas Cylinders Sales Value by Type
- 3.2.1 Global Compressed Natural Gas Cylinders Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Compressed Natural Gas Cylinders Sales Value, by Type (2020-2031)
- 3.2.3 Global Compressed Natural Gas Cylinders Sales Value, by Type (%) (2020-2031)
- 3.3 Global Compressed Natural Gas Cylinders Sales Volume by Type
- 3.3.1 Global Compressed Natural Gas Cylinders Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Compressed Natural Gas Cylinders Sales Volume, by Type (2020-2031)
- 3.3.3 Global Compressed Natural Gas Cylinders Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Compressed Natural Gas Cylinders Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Passenger Car
- 4.1.2 Commercial Vehicle
- 4.2 Global Compressed Natural Gas Cylinders Sales Value by Application
- 4.2.1 Global Compressed Natural Gas Cylinders Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Compressed Natural Gas Cylinders Sales Value, by Application (2020-2031)
- 4.2.3 Global Compressed Natural Gas Cylinders Sales Value, by Application (%) (2020-2031)
- 4.3 Global Compressed Natural Gas Cylinders Sales Volume by Application
- 4.3.1 Global Compressed Natural Gas Cylinders Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Compressed Natural Gas Cylinders Sales Volume, by Application (2020-2031)
- 4.3.3 Global Compressed Natural Gas Cylinders Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Compressed Natural Gas Cylinders Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Compressed Natural Gas Cylinders Sales Value by Region
- 5.1.1 Global Compressed Natural Gas Cylinders Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Compressed Natural Gas Cylinders Sales Value by Region (2020-2025)
- 5.1.3 Global Compressed Natural Gas Cylinders Sales Value by Region (2026-2031)
- 5.1.4 Global Compressed Natural Gas Cylinders Sales Value by Region (%), (2020-2031)
- 5.2 Global Compressed Natural Gas Cylinders Sales Volume by Region
- 5.2.1 Global Compressed Natural Gas Cylinders Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Compressed Natural Gas Cylinders Sales Volume by Region (2020-2025)
- 5.2.3 Global Compressed Natural Gas Cylinders Sales Volume by Region (2026-2031)
- 5.2.4 Global Compressed Natural Gas Cylinders Sales Volume by Region (%), (2020-2031)
- 5.3 Global Compressed Natural Gas Cylinders Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 5.4.2 North America Compressed Natural Gas Cylinders Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 5.5.2 Europe Compressed Natural Gas Cylinders Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 5.6.2 Asia Pacific Compressed Natural Gas Cylinders Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 5.7.2 South America Compressed Natural Gas Cylinders Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Compressed Natural Gas Cylinders Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Compressed Natural Gas Cylinders Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Compressed Natural Gas Cylinders Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Compressed Natural Gas Cylinders Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.3.2 United States Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.4.2 Europe Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.5.2 China Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.6.2 Japan Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.7.2 South Korea Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.8.2 Southeast Asia Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Compressed Natural Gas Cylinders Sales Value, 2020-2031
- 6.9.2 India Compressed Natural Gas Cylinders Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Compressed Natural Gas Cylinders Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Sinomatech
- 7.1.1 Sinomatech Company Information
- 7.1.2 Sinomatech Introduction and Business Overview
- 7.1.3 Sinomatech Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Sinomatech Compressed Natural Gas Cylinders Product Offerings
- 7.1.5 Sinomatech Recent Development
- 7.2 Everest Kanto Cylinders
- 7.2.1 Everest Kanto Cylinders Company Information
- 7.2.2 Everest Kanto Cylinders Introduction and Business Overview
- 7.2.3 Everest Kanto Cylinders Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Everest Kanto Cylinders Compressed Natural Gas Cylinders Product Offerings
- 7.2.5 Everest Kanto Cylinders Recent Development
- 7.3 Hexagon Agility
- 7.3.1 Hexagon Agility Company Information
- 7.3.2 Hexagon Agility Introduction and Business Overview
- 7.3.3 Hexagon Agility Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Hexagon Agility Compressed Natural Gas Cylinders Product Offerings
- 7.3.5 Hexagon Agility Recent Development
- 7.4 Worthington Industries
- 7.4.1 Worthington Industries Company Information
- 7.4.2 Worthington Industries Introduction and Business Overview
- 7.4.3 Worthington Industries Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Worthington Industries Compressed Natural Gas Cylinders Product Offerings
- 7.4.5 Worthington Industries Recent Development
- 7.5 Luxfer Group
- 7.5.1 Luxfer Group Company Information
- 7.5.2 Luxfer Group Introduction and Business Overview
- 7.5.3 Luxfer Group Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Luxfer Group Compressed Natural Gas Cylinders Product Offerings
- 7.5.5 Luxfer Group Recent Development
- 7.6 Hengyang Jinhua
- 7.6.1 Hengyang Jinhua Company Information
- 7.6.2 Hengyang Jinhua Introduction and Business Overview
- 7.6.3 Hengyang Jinhua Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Hengyang Jinhua Compressed Natural Gas Cylinders Product Offerings
- 7.6.5 Hengyang Jinhua Recent Development
- 7.7 Rama Cylinders
- 7.7.1 Rama Cylinders Company Information
- 7.7.2 Rama Cylinders Introduction and Business Overview
- 7.7.3 Rama Cylinders Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Rama Cylinders Compressed Natural Gas Cylinders Product Offerings
- 7.7.5 Rama Cylinders Recent Development
- 7.8 Beijing Tianhai Industry
- 7.8.1 Beijing Tianhai Industry Company Information
- 7.8.2 Beijing Tianhai Industry Introduction and Business Overview
- 7.8.3 Beijing Tianhai Industry Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Beijing Tianhai Industry Compressed Natural Gas Cylinders Product Offerings
- 7.8.5 Beijing Tianhai Industry Recent Development
- 7.9 CIMC ENRIC
- 7.9.1 CIMC ENRIC Company Information
- 7.9.2 CIMC ENRIC Introduction and Business Overview
- 7.9.3 CIMC ENRIC Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 CIMC ENRIC Compressed Natural Gas Cylinders Product Offerings
- 7.9.5 CIMC ENRIC Recent Development
- 7.10 Quantum Fuel Systems
- 7.10.1 Quantum Fuel Systems Company Information
- 7.10.2 Quantum Fuel Systems Introduction and Business Overview
- 7.10.3 Quantum Fuel Systems Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Quantum Fuel Systems Compressed Natural Gas Cylinders Product Offerings
- 7.10.5 Quantum Fuel Systems Recent Development
- 7.11 Anhui Clean Energy
- 7.11.1 Anhui Clean Energy Company Information
- 7.11.2 Anhui Clean Energy Introduction and Business Overview
- 7.11.3 Anhui Clean Energy Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Anhui Clean Energy Compressed Natural Gas Cylinders Product Offerings
- 7.11.5 Anhui Clean Energy Recent Development
- 7.12 Faber Industrie
- 7.12.1 Faber Industrie Company Information
- 7.12.2 Faber Industrie Introduction and Business Overview
- 7.12.3 Faber Industrie Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Faber Industrie Compressed Natural Gas Cylinders Product Offerings
- 7.12.5 Faber Industrie Recent Development
- 7.13 Zhejiang Jindun
- 7.13.1 Zhejiang Jindun Company Information
- 7.13.2 Zhejiang Jindun Introduction and Business Overview
- 7.13.3 Zhejiang Jindun Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Zhejiang Jindun Compressed Natural Gas Cylinders Product Offerings
- 7.13.5 Zhejiang Jindun Recent Development
- 7.14 Zhejiang Tianen
- 7.14.1 Zhejiang Tianen Company Information
- 7.14.2 Zhejiang Tianen Introduction and Business Overview
- 7.14.3 Zhejiang Tianen Compressed Natural Gas Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Zhejiang Tianen Compressed Natural Gas Cylinders Product Offerings
- 7.14.5 Zhejiang Tianen Recent Development
8 Industry Chain Analysis
- 8.1 Compressed Natural Gas Cylinders Industrial Chain
- 8.2 Compressed Natural Gas Cylinders Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Compressed Natural Gas Cylinders Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Compressed Natural Gas Cylinders Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer