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The Compressed Natural Gas (CNG) Tank market is a subset of the Advanced Materials industry. CNG Tanks are used to store and transport natural gas in a compressed form. They are made from a variety of materials, including steel, aluminum, and composite materials. These tanks are designed to be lightweight, durable, and corrosion-resistant, making them suitable for a variety of applications. CNG Tanks are used in a variety of industries, including automotive, industrial, and energy.
CNG Tanks are becoming increasingly popular due to their environmental benefits. They are more efficient than traditional fuel tanks, and they produce fewer emissions. Additionally, CNG Tanks are cost-effective and require less maintenance than other fuel tanks.
Some companies in the CNG Tank market include Hexagon Composites, Luxfer Gas Cylinders, Worthington Industries, and Quantum Technologies. Show Less Read more