Press release
CNG ISO Tank Container Market Witness Highest Growth in near future| Leading Key Players: exagon Composites, Luxfer Group, Quantum Technologies, Everest Kanto Cylinders, Praxair Technologies, Faber Industrie & more
This report presents a comprehensive overview, market shares, and growth opportunities of CNG ISO Tank Container Market by product type, application, key manufacturers and key regions. Over the next five years, CNG ISO Tank Container market will register a 2.7% CAGR in terms of revenue, reach US$ 65 million by 2023, from US$ 56 million in 2017.
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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.
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.
The CNG ISO Tank Container industry is relatively concentrated, and high-end products mainly come from North America and Western Europe. Limited refueling infrastructures, and higher prices of composite cylinders, are some of the factors that hinder the growth of the CNG ISO Tank Containers/cylinders. Rising price of raw materials such as metals, glass fiber, carbon fiber, and other components used in manufacturing of CNG ISO Tank Containers/cylinders are the few challenges inhibiting the growth of the CNG ISO Tank Containers/cylinders market.
In the world wide, major manufactures mainly are Hexagon Composites, Luxfer Group, Quantum Technologies, Everest Kanto Cylinders, Praxair Technologies, Faber Industrie and etc.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Hexagon Composites, Luxfer Group, Quantum Technologies, Everest Kanto Cylinders, Praxair Technologies, Faber Industrie.
Segmentation by product type:
< 25 FT
25-35 FT
> 35 FT
Segmentation by application:
Vehicles Transportation
Others Transportation
Research objectives:
To study and analyze the global CNG ISO Tank Container consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of CNG ISO Tank Container market by identifying its various subsegments.
Focuses on the key global CNG ISO Tank Container manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the CNG ISO Tank Container with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of CNG ISO Tank Container submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Report At: https://empowerednews.net/author/gminsights/
Related Report:
United States CNG ISO Tank Container Market Report 2018
In this report, the United States CNG ISO Tank Container market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-cng-iso-tank-container-market-report-2018/?utm_source=RR-PSR
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