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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Compressed natural gas, or CNG. It is a gaseous fuel made up of a mixture of hydrocarbons, with 95% or more of the fuel being methane.
Unlike fuel systems that use conventional gasoline, compressed natural gas (CNG) fuel systems need distinct maintenance. The fuel filter, which filters out any oil or pollutants from the fuel, should be inspected and replaced on a regular basis by technicians.
Owners should consult their owner's manual for information relevant to their vehicle, but generally speaking, this filter needs to be updated annually by a competent service facility. Depending on the use, filters in some situations need to be drained of any pollutants more frequently.
The materials used to make CNG tanks can be steel, aluminium, or composites. Based on the material, there are four different kinds of storage tanks: Type 1, Type 2, Type 3, and Type 4. Tank for Permatex Fuel For mending metal gas tanks and other containers, epoxy putty is a two-part, hand-kneadable epoxy stick.
The Global CNG fuel tank epoxy resin market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The tank's epoxy system was created by Sika Advanced Resins, one of the industry pioneers in the development and manufacturing of high-performance resins, and it aids in lowering traffic-related pollution. The tank is the same size as a typical diesel CNG fuel tank and holds up to 320 litres of gasoline.
With the help of its expertise, Sika Advanced Resins has created a resin specifically designed to handle the cyclic pressurisation demands on the filament wound tanks. The resin provides mechanical resistance for various tank forms, including those for cars using natural gas, when combined with carbon fibre.
The tank eliminates the requirement for truck conversions by being installed in the same location as a diesel fuel tank. When it is estimated that one tonne saved on a truck saves four litres of fuel per 100 km in urban traffic, Ullit-Sika composites also significantly lower the weight of the tank, a big benefit, according to Patrick Noirclerc, a local expert in composites at Sika Advanced Resins.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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