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Global Automotive for Composite CNG Tanks Market Growth 2023-2029

Global Automotive for Composite CNG Tanks Market Growth 2023-2029

Product Code:550592

Published Date: Jan 05,2022

Pages: 92

Region: Global

Category: Automobile & Transportation

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The future of composite CNG tanks in the global automotive industry looks attractive with increasing penetration of composite tanks and rising CNG-powered vehicle population.

LPI (LP Information)' newest research report, the “Automotive for Composite CNG Tanks Industry Forecast” looks at past sales and reviews total world Automotive for Composite CNG Tanks sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive for Composite CNG Tanks sales for 2023 through 2029. With Automotive for Composite CNG Tanks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive for Composite CNG Tanks industry.

This Insight Report provides a comprehensive analysis of the global Automotive for Composite CNG Tanks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive for Composite CNG Tanks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive for Composite CNG Tanks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive for Composite CNG Tanks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive for Composite CNG Tanks.

The global Automotive for Composite CNG Tanks market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Europe is expected to remain the largest market due to an increase in NGV population as well as high demand for lightweight tanks.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive for Composite CNG Tanks market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Glass Fiber Composites
    Carbon Fiber Composites

Segmentation by application
    Light-Duty Vehicles
    Heavy-Duty Vehicles

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Beijing Tianhai Industry
    Faber Industrie
    Hexagon Composites
    Luxfer Gas Cylinders
    MCS International
    Quantum Technologies
    Xperion

Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive for Composite CNG Tanks market?
What factors are driving Automotive for Composite CNG Tanks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive for Composite CNG Tanks market opportunities vary by end market size?
How does Automotive for Composite CNG Tanks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?