CNG Dispenser Market 2018: key players, growth and demand drivers to 2023

The CNG dispenser market is projected to reach USD 225.5 million by 2023. The global CNG dispenser market is expected to grow from an estimated USD 155.2 million in 2018 to USD 255.5 million by 2023, at a CAGR of 7.76% from 2018 to 2023. The market is set to grow due to stringent emission policies across all countries. Many other countries across the world planned to reduce emissions by a certain level by 2020 at the United Nations Framework Convention on Climate Change held in 2015. New emission policies are likely to get introduced by 2019 or 2020, depending on the largest achievement and are expected to create opportunities for CNG vehicles.

The fast fill segment is expected to hold the largest share of the CNG dispenser market, by type, during the forecast period.

The CNG dispenser market has been segmented, by type, into fast fill and time fill. The fast fill segment is expected to be the largest because CNG at fast fill stations is often stored in vessels at high service pressure, which helps in delivering the fuel faster.

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Company owned & company run segment is the fastest growing CNG dispenser market, by distribution, during the forecast period.

The CNG dispenser market has been segmented, by distribution, into company owned & company run, company owned & dealer run, and dealer owned & dealer run. The company owned & company run segment is estimated to hold the largest share of the market during the forecast period because the operational improvement program reduces the cost and complexity in line. The primary purpose is to focus on the structure and size of the organization. 

The 1–100 kg/min segment is expected to dominate the CNG dispenser market, by flow rate, in 2018.

The CNG dispenser market has been segmented, by flow rate, into up to 15 kg/min, up to 50 kg/min, and up to 100 kg/min. The up to 100 kg/min segment is estimated to hold the largest market share by 2023. This type of flow is suited for light-duty vehicles that require quick filling. For instance, vehicles such as vans, pickups, and sedans need random refueling.

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Asia Pacific is expected to be the leading market for CNG dispenser during the forecast period.

Asia Pacific is expected to dominate the CNG dispenser market during the forecast period. A wide variety of industries such as manufacturing, mining, oil & gas, textiles, and automation in the region is expected to drive the CNG dispenser market in the Asia Pacific region during the forecast period.

Bennett (US), Censtar (China), Compac (New Zealand), FTI (Canada), Kraus (Canada), Lanfeng (China), Sanki (China), Scheidt & Bachmann (Germany), Tulsa (India), Tatsuno (Japan), Dover (US), Parker (US), and Fortive (US) dominated the market in 2017.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Comprehensive Report on Thermoplastic Pipe Market Set to Witness Huge Growth by 2025

The global thermoplastic pipe market size is expected to reach USD 3.6 billion by 2025 from an estimated value of USD 2.8 billion in 2020, at a CAGR of 5.2% during the forecast period. The growing deep- and ultra-deepwater oil & gas production & exploration activities in the countries such as US & Canada and increasing mining activities in China, Australia, and India along with stringent water & wastewater treatment regulation in European countries is anticipated to drive the demand of the thermoplastic pipe market.

The oil & gas segment is expected to be the largest thermoplastic pipe market, by application, during the forecast period

Thermoplastic pipe in the oil & gas segment finds its applications in high-pressure water injection pipelines, water transport & distribution, effluent water disposal, temporary surface lines, well intervention, seawater intake & discharge lines, and recirculating water systems in petroleum refineries & petrochemical plants. The benefits of using thermoplastic pipes in high pressure and deep-water applications is expected to propel the oil & gas segment in the thermoplastic pipe market.

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The reinforced thermoplastic (RTP) segment is projected to account for a significant share of the thermoplastic pipe during the forecast period

The reinforced thermoplastic pipe (RTP) is likely to dominate the market during the forecast period. RTP includes a thermoplastic pipe, which is qualified to maximum 30-meter water depth. Growing usage of reinforced thermoplastic pipe (RTP) in water & wastewater applications is likely to fuel its demand in the thermoplastic pipe market.

This research report categorizes the thermoplastic pipe market by application, product type, polymer type, and region.

By Application

• Oil & Gas
• Water & Wastewater
• Mining & Dredging
• Utilities & Renewables

By Product Type

• Reinforced Thermoplastic Pipe (RTP)
• Thermoplastic Composite Pipe (TCP)

By Polymer Type

• Polyethylene (PE)
• Polypropylene (PP)
• Polyvinylidene Fluoride (PVDF)
• Polyvinyl Chloride (PVC)
• Others

By Region:

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa

The polyethylene (PE) segment is projected to account for the largest of the thermoplastic pipe market share during the forecast period

The polyethylene (PE) is predicted to dominate the thermoplastic pipe market based on its application. There are two variants of PE pipes available in the market, i.e. HDPE (high-density polyethylene pipes) and PEX (cross-linked polyethylene). The crosslinked structure of polyethylene enhances the toughness and temperature resistance of the material. This enables the material to be specified for use in more harsh environments both at lower and higher temperatures. Lightweight, flexible, and easy to weld properties of polyethylene (PE) is expected to foster its demand in the thermoplastic pipe market.

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Asia Pacific is projected to dominate the global thermoplastic pipe market during the forecast period

In this report, the thermoplastic pipe market has been analyzed concerning five regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is expected to lead the market during the forecast period. Urbanization and industrialization growth, along with increasing mining activities in China, Australia, and India, are likely to drive the thermoplastic pipe market in the region.

To offer an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players such as Advanced Drainage Systems (Ohio, US), TechnipFMC (London,UK), National Oilwell Varco (Texas, US), Airborne Oil & Gas (The Netherlands),  Magma Global (Portsmouth, UK), Baker Hughes Company (Texas, US), Chevron Philips Chemical Company (Texas, US), Prysmian (Milan, Italy), Georg Fischer (Switzerland), Shawcor (Toronto, Canada), and Uponor Corporation (Vantaa, Finland).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Lithium Iron Phosphate Batteries Market SWOT Analysis by Key Players: BYD, A123 Systems, K2 Energy, Electric Vehicle Power System Technology, OptimumNano Energy

The lithium iron phosphate batteries market size is expected to grow from an estimated USD 8.3 billion in 2019 to USD 10.6 billion by 2024, at a CAGR of 5.0%. Rising demand for electric and hybrid electric vehicles and high requirement of renewable energy storage are driving the lithium iron phosphate batteries industry.

Automotive: The largest segment of the lithium iron phosphate batteries market, by industry

The lithium iron phosphate batteriesmarket is segmented by industry, power capacity, application, and region. The market is segmented, by industry, into automotive, power, industrial, and others. The automotive segment accounted for the largest share of the market in 2018. The automotive industry includes battery-driven vehicles such as electric vehicles, which further include hybrid electric vehicles, plug-in electric vehicles, e-bikes, and automated guided vehicles, which are major consumers of lithium iron phosphate batteries.

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The 16,251–50,000 mAh segment is estimated to have the highest growth rate in the lithium iron phosphate batteries market, by power capacity

The market is segmented, by power capacity, into 0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh, and 100,001–540,000 mAh. The 16,251-50,000 mAh application segment is estimated to lead the market in terms of growth. The growth of the segment is mainly because of its rising demand from various applications like automobile, power, industrial, and others.

This research report categorizes the lithium iron phosphate batteries market by power capacity, industry, application, and region.

By Power Capacity

• 0–16,250 mAh
• 16,251–50,000 mAh
• 50,001–100,000 mAh
• 100,001–540,000 mAh

By Industry

• Automotive
• Power
• Industrial
• Others

By Application

• Portable
• Stationary

By Region

• Europe
• North America
• Asia Pacific
• Middle East & Africa
• South America

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Asia Pacific is expected to dominate the global lithium iron phosphate batteries market

Asia Pacific was the largest lithium iron phosphate batteries market in 2018, driven mainly by activities in China. Increasing adoption of electric vehicles is one of the key drivers of the growth, where each country in the region has a supportive policy for the growth of electric vehicles in place. This further drives the demand for lithium iron phosphate batteries and creates growth opportunities for all major battery manufacturers in the region. The US is the second-largest market, closely behind Europe, with a large number of renewable energy storage projects commissioned each year.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top manufacturers in the lithium iron phosphate batteries market. These players include BYD (China), A123 Systems (US), K2 Energy (US), Electric Vehicle Power System Technology (China), OptimumNano Energy (China), and Contemporary Amperex Technology (China).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com