Opportunities in the global CNG tank market have evolved through a number of stagesLucintel has found the future of this market to be promising; the global CNG tank market is expected to reach $1.0 billion by 2025 with a CAGR of 0.9%. In this market, automotive is expected to remain the largest application, and type I segment is expected to remain the largest tank type. Players can benefit from the available opportunities like growing fleet of alternative fuel powered vehicles, as well as increasing number of CNG refueling stations.
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Hexagon Composites ASA, Luxfer Gas Cylinder, Worthington Cylinders, Faber Industries S.p.A., and Everest Kanto Cylinder Ltd. are some of the companies profiled in this report.
Some of the features of this report:
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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
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