Gas Cylinder Market
Gas Cylinder Market Analysis, By Cylinder Type (Type I, Type II, Type III, Type IV, Type V Gas Cylinder), By Wrap Type (Wrap Less, Glass Fiber, Aramid Fiber, Carbon Fiber Gas Cylinder), By Gas Type (Inert Gas, Flammable Gas, Toxic Gas Cylinder) By Size & Regional Forecast to 2031
Analysis of Gas Cylinder market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Gas Cylinder Market Outlook
Demand for gas cylinders in the global market is valued at close to US$ 7.5 Bn at present. The global gas cylinder market is predicted to surge ahead at a CAGR of 8% through 2031, as per the latest industry analysis by Fact.MR.
Type 1 gas cylinders are mostly preferred by consumers due to their corrosion resistance and added safety features. Gas cylinder sales account for 9% of the overall cylinder market.
| Report Attributes | Details |
|---|---|
| Gas Cylinder Market Size (2020A) | US$ 6.9 Bn |
| Projected Year Value (2031F) | US$ 11 Bn |
| Global Market Growth Rate (2021 to 2031) | 8% CAGR |
| Collective Value Share (U.S., India, China): Top 3 Countries | 46% |
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Gas Cylinder Demand Analysis (2016 to 2020) in Comparison to Market Growth Forecasts (2021 to 2031)
Transportation of high-value gases is critical, which drives demand for safe and regulated gas cylinders. Advancements in compressing volatile and inert gases have influenced the production of gas cylinders. New cylinder designs and enhanced safety provisions have improved the handling and storing capabilities of gas cylinders.
Manufacturers are using robust materials to produce gas cylinders that can sustain dropping, tipping over, and undue exposure to heat. They are focused on building robust gas cylinders to meet diverse safety precaution needs related to toxic, flammable, corrosive, oxidizing, and inert gases.
Gas cylinders are being manufacturers with high-grade sealants to prevent valve breaks or lethal projectiles that can cause cracks in the cylinder shell. Owing to these factors, demand for gas cylinders is expected to rise considerably in the near future.
Over the years, usage of LPG fuel for cooking purposes has increased significantly. Governments, particularly in developing countries, are introducing favorable policies and initiating awareness programs to encourage the use of liquefied petroleum gas (LPG) in daily cooking. Gases are also used across a broad range of industrial sectors, including pure science, medical, manufacturing, education, and hospitality, among others.
Fact.MR, a market research and competitive intelligence provider, projects the global market for gas cylinders to witness growth at 8% CAGR from 2021 to 2031, in comparison to the CAGR of 5.8% posted from 2016 to 2020.
Why is Demand for Gas Cylinders Gaining Traction in the Market?
Availability of enhanced cylinder safety systems that ensure zero leakage and aid in organizing working areas wherever cylinders with compressed gas or other flammable gas are used is expected to boost demand for gas cylinders in the market.
Along with cylinder labeling, installation of regulator safety mounting brackets in residential and commercial places before utilization of gas cylinders to make them safer to work with has become important in ensuring safety. Correct labeling of cylinders helps in quickly identifying the content of the gas cylinder and level of precaution that is needed to be taken.
Another helpful safety system is the locking cap that ensures high safety and reduces the possibility of misuse and vandalism by limiting unauthorized access to the main cylinder control valve and regulator. As safety remains the highest priority, market players are focusing on practicing the best safe working methodologies for clients.
Retail prices for gases such as LPG, CNG, inert gases, and pyrophoric gases are mainly impacted by factors that are usually beyond the control of any single nation. Countries having massive natural gas reservoirs have a bigger say in these matters. Price fluctuation is a common phenomenon for valuable resources such as gas, oil, and petroleum.
However, this phenomenon has a major impact not only on other industries but also on the global economy. Meanwhile, strong and increasing demand for such resources is placing intense pressure on the supply side. This is considered to be key factor shaping the future prospects of the gas cylinder market.
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Country-wise Insights
Why is the U.S. an Important Market for Gas Cylinders?
North America, especially the U.S., is expected to remain one of the most important markets for gas cylinders over the assessment period. Owing to the presence of a vast industrial sector in the region, demand for gas is extremely high. This, in turn, drives high demand for gas cylinders.
Moreover, residential use of gas cylinders is also high in the region. Gas cylinder sales in both, the U.S and Canada, are expected to remain strong.
Fact.MR forecasts the U.S. gas cylinder market to top US$ 1.9 Bn by 2031.
Which is the Dominant Country in the Asian Market for Gas Cylinders?
Asia Pacific is expected to remain the most important market for gas cylinders in the world, as demand for gas cylinders is on the rise in emerging markets, including China and India. This is primarily due to increased use of gas in the residential and industrial sectors.
Also, expanding population in the region is expected to further drive the need for gas, subsequently creating opportunities for gas cylinder suppliers.
Fact.MR forecasts the China market to top US$ 2.3 Bn by 2031. Revenue from India is anticipated to increase at a CAGR of 7.8% through 2031.
Category-wise Insights
What Type of Gas Cylinder is Projected to Experience Highest Consumption?
Due to the high value and risk associated with bulk gas transportation, end users demand the safest gas cylinders that can provide maximum protection against accidental gas leaks. Type I gas cylinders are recognized for their high safety features; their light weight also contributes towards fuel-efficient transportation of gas.
Advanced fabrication used for the production of type I gas cylinders allows them to have a competitive advantage over other types. Many gas cylinder suppliers are using powder coating technologies to make type I gas cylinders extremely corrosion resistant.
Sales of type 1 gas cylinders are expected to surge at a CAGR of 8.8% through 2031.
Demand for Which Wrap Type in Gas Cylinders is Slated to Remain Prominent?
Thermal stability of aramid fibers plays a crucial role in wrapping the openings of gas cylinders. With high strength and low weight, demand for gas cylinders that are wrapped with aramid fibers is expected to be high and increase at a CAGR of 9% over the decade.
Likewise, the report further reveals that, carbon fiber wrapping of gas cylinders is expected to translate into fastest revenue growth and account for 20% share of the overall market value by the end of 2031.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Rise in demand for cylinders for natural gas vehicles to keep a check on carbon footprints due to burning of fossil fuels is expected to drive demand for gas cylinders in the global market. Demand for gas cylinders has also increased in various other industries such as transportation and life support.
Manufacturers are focusing on various safety precautions. Technological developments such as new cylinder designs that optimize storage capability and ease the handling process because of additional safety measures and being light weight are expected to drive the market growth of gas cylinder dealers.
- SK CYLINDER offers various designs for high pressure gas cylinders specific to applications and different gas characteristics, customizing cylinders with finer requirements.
Gas Cylinder Industry Report Scope
| Attributes | Details |
|---|---|
| Forecast Period | 2021 to 2031 |
| Historical Data Available for | 2016 to 2020 |
| Market Analysis | Value in US$ Mn, Volume in ‘000 Units |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East Africa |
| Key Countries Covered | U.S., Canada, Mexico, Brazil, Mexico, Argentina, Germany, Italy, France, U.K, Nordic, Spain, Japan, China, India, Malaysia, Thailand, Australia, GCC Countries, South Africa, Turkey |
| Key Market Segments Covered | Cylinder Type, Wrap Type, Size, Gas Type |
| Key Companies Profiled | Luxfer Gas Cylinders; Hexagon Composites ASA; Worthington Cylinders; Dragerwerk AG & Co KGaA; Time Technoplast; Faber Industries P.A.; Beijing Tianhai Industry Co; Ullit |
| Pricing | Available upon Request |
Gas Cylinder Industry Survey by Category
-
Cylinder Type :
- Type I Gas Cylinders
- Type II Gas Cylinders
- Type III Gas Cylinders
- Type IV Gas Cylinders
- Type V Gas Cylinders
-
Wrap Type :
- Wrap Less Gas Cylinders
- Glass Fiber Gas Cylinders
- Aramid Fiber Gas Cylinders
- Carbon Fiber Gas Cylinders
- HDPE Gas Cylinders
-
By Size :
- 3 Kg Gas Cylinders
- 4.5 Kg Gas Cylinders
- 6 Kg Gas Cylinders
- 9 Kg Gas Cylinders
- 14 Kg Gas Cylinders
- 17 Kg Gas Cylinders
- 19 Kg Gas Cylinders
- 21-34 Kg Gas Cylinders
- 35-48 Kg Gas Cylinders
-
Gas Type :
- Inert Gas Cylinders
- Flammable Gas Cylinders
- Toxic Gas Cylinders
- Pyrophoric Gas Cylinders
- Oxidizer Cylinders
Table of Content
- 1. Market Overview
- 2. Market Risks and Trends Assessment
- 3. Market Background
- 4. Key Success Factors
- 5. Global Market Demand Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 6. Global Market - Pricing Analysis
- 7. Global Market Demand (Size in US$ Mn) Analysis 2016 to 2020 and Forecast, 2021 to 2031
- 8. Global Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 8.1. By Cylinder Type
- 8.1.1. Type I Gas Cylinders
- 8.1.2. Type II Gas Cylinders
- 8.1.3. Type III Gas Cylinders
- 8.1.4. Type IV Gas Cylinders
- 8.1.5. Type V Gas Cylinders
- 8.2. By Wrap Type
- 8.2.1. Wrap Less Gas Cylinders
- 8.2.2. Glass Fiber Gas Cylinders
- 8.2.3. Aramid Fiber Gas Cylinders
- 8.2.4. Carbon Fiber Gas Cylinders
- 8.2.5. HDPE Gas Cylinders
- 8.3. By Size
- 8.3.1. 3 Kg Gas Cylinders
- 8.3.2. 4.5 Kg Gas Cylinders
- 8.3.3. 6 Kg Gas Cylinders
- 8.3.4. 9 Kg Gas Cylinders
- 8.3.5. 14 Kg Gas Cylinders
- 8.3.6. 17 Kg Gas Cylinders
- 8.3.7. 19 Kg Gas Cylinders
- 8.3.8. 21-34 Kg Gas Cylinders
- 8.3.9. 35-48 Kg Gas Cylinders
- 8.4. By Gas Type
- 8.4.1. Inert Gas Cylinders
- 8.4.2. Flammable Gas Cylinders
- 8.4.3. Toxic Gas Cylinders
- 8.4.4. Pyrophoric Gas Cylinders
- 8.4.5. Oxidizer Cylinders
- 8.5. By Region
- 8.5.1. North America
- 8.5.2. Latin America
- 8.5.3. Europe
- 8.5.4. East Asia
- 8.5.5. South Asia
- 8.5.6. Oceania
- 8.5.7. MEA
- 8.1. By Cylinder Type
- 9. North America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 10. Latin America Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 11. Europe Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 12. East Asia Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 13. South Asia Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 14. Oceania Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 15. MEA Market Analysis 2016 to 2020 and Forecast 2021 to 2031
- 16. Market Analysis 2016 to 2020 and Forecast 2021 to 2031, Key Country Analysis
- 17. Market Structure Analysis - Global Assessment
- 18. Competition Deep Dive
- 18.1. Lintec Corporation
- 18.2. Avery Dennison Corporation
- 18.3. Thai KK
- 18.4. UPM-Raflatac
- 18.5. PMC LABEL
- 18.6. Fuji Seal International, Inc.
- 18.7. CCL Industries
- 18.8. Symbio, Inc.
- 18.9. 3M Company
- 18.10. S&K Label
- 18.11. Others
- 19. Assumptions and Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) and Forecast by Region, 2016 to 2020
Table 2: Global Market Value (US$ Mn) and Forecast by Region, 2021 to 2031
Table 3: Global Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 4: Global Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 5: Global Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 6: Global Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 7: Global Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 8: Global Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 9: Global Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 10: Global Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 11: North America Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 12: North America Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 13: North America Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 14: North America Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 15: North America Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 16: North America Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 17: North America Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 18: North America Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 19: North America Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 20: North America Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 21: North America Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Table 22: North America Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Table 23: Latin America Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 24: Latin America Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 25: Latin America Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 26: Latin America Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 27: Latin America Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 28: Europe Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 29: Europe Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 30: Europe Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 31: Europe Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 32: Europe Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 33: Europe Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 34: Europe Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 35: Europe Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 36: Europe Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 37: Europe Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 38: Europe Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Table 39: Europe Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Table 40: East Asia Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 41: East Asia Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 42: East Asia Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 43: East Asia Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 44: East Asia Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 45: East Asia Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 46: East Asia Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 47: East Asia Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 48: East Asia Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 49: East Asia Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 50: East Asia Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 51: East Asia Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 52: East Asia Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 53: East Asia Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 54: East Asia Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 55: East Asia Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 56: East Asia Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 57: East Asia Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 58: East Asia Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Table 59: East Asia Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Table 60: South Asia Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 61: South Asia Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 62: South Asia Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 63: South Asia Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 64: South Asia Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 65: South Asia Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 66: South Asia Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 67: South Asia Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 68: South Asia Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 69: South Asia Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 70: South Asia Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 71: South Asia Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Table 72: South Asia Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Table 73: Oceania Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 74: Oceania Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 75: Oceania Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 76: Oceania Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 77: Oceania Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 78: Oceania Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 79: Oceania Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 80: Oceania Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 81: Oceania Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 82: Oceania Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Table 83: Oceania Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Table 84: MEA Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Table 85: MEA Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Table 86: MEA Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Table 87: MEA Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Table 88: MEA Market Value ('000 Units) and Forecast by Product, 2016 to 2020
Table 89: MEA Market Value ('000 Units) and Forecast by Product, 2021 to 2031
Table 90: MEA Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Table 91: MEA Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Table 92: MEA Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Table 93: MEA Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Table 94: MEA Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Table 95: MEA Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Table 96: MEA Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Table 97: MEA Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 2: Global Market Absolute $ Opportunity (US$ Mn), 2021 to 2031
Figure 3: Global Market Value (US$ Mn) and % Growth by Region,2021 & 2031
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2021 to 2031
Figure 5: Global Market Value (US$ Mn) and % Growth By Cylinder Type,2021 & 2031
Figure 6: Global Market Y-o-Y Growth Rate By Cylinder Type, 2021 to 2031
Figure 7: Global Market Value (US$ Mn) and % Growth By Size,2021 & 2031
Figure 8: Global Market Y-o-Y Growth Rate By Size, 2021 to 2031
Figure 9: Global Market Value (US$ Mn) and % Growth By Wrap Type ,2021 & 2031
Figure 10: Global Market Y-o-Y Growth Rate By Wrap Type , 2021 to 2031
Figure 11: Global Market Value (US$ Mn) and % Growth By Region,2021 & 2031
Figure 12: Global Market Y-o-Y Growth Rate By Region, 2021 to 2031
Figure 13: Global Market Value (US$ Mn) and % Growth By Gas Type,2021 & 2031
Figure 14: Global Market Y-o-Y Growth Rate By Gas Type, 2021 to 2032
Figure 15: Global Market Attractiveness Analysis by Region, 2021 to 2031
Figure 16: Global Market Attractiveness Analysis By Cylinder Type, 2021 to 2031
Figure 17: Global Market Attractiveness Analysis By Size, 2021 to 2031
Figure 18: Global Market Attractiveness Analysis By Wrap Type , 2021 to 2031
Figure 19: Global Market Attractiveness Analysis By Region, 2021 to 2031
Figure 20: Global Market Attractiveness Analysis By Gas Type, 2021 to 2031
Figure 21: North America Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 22: North America Market Absolute $ Opportunity (US$ Mn), 2021 to 2031
Figure 23: North America Market Value (US$ Mn) and % Growth by Country,2021 & 2031
Figure 24: North America Market Y-o-Y Growth Rate by Country, 2021 to 2031
Figure 25: North America Market Value (US$ Mn) and % Growth By Cylinder Type,2021 & 2031
Figure 26: North America Market Y-o-Y Growth Rate By Cylinder Type, 2021 to 2031
Figure 27: North America Market Value (US$ Mn) and % Growth By Size,2021 & 2031
Figure 28: North America Market Y-o-Y Growth Rate By Size, 2021 to 2031
Figure 29: North America Market Value (US$ Mn) and % Growth By Region,2021 & 2031
Figure 30: North America Market Y-o-Y Growth Rate By Region, 2021 to 2031
Figure 31: North America Market Value (US$ Mn) and % Growth By Gas Type ,2021 & 2031
Figure 32: North America Market Y-o-Y Growth Rate By Gas Type, 2021 to 2031
Figure 33: North America Market Value (US$ Mn) and % Growth By Wrap Type ,2021 & 2031
Figure 34: North America Market Y-o-Y Growth Rate By Wrap Type , 2021 to 2031
Figure 35: North America Market Attractiveness Analysis by Country, 2021 to 2031
Figure 36: North America Market Attractiveness Analysis By Cylinder Type, 2021 to 2031
Figure 37: North America Market Attractiveness Analysis By Size, 2021 to 2031
Figure 38: North America Market Attractiveness Analysis By Wrap Type , 2021 to 2031
Figure 39: North America Market Attractiveness Analysis By Gas Type, 2021 to 2031
Figure 40: Latin America Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 41: Latin America Market Absolute $ Opportunity (US$ Mn), 2021 to 2031
Figure 42: Latin America Market Value (US$ Mn) and % Growth by Country,2021 & 2031
Figure 43: Latin America Market Y-o-Y Growth Rate by Country, 2021 to 2031
Figure 44: Latin America Market Value (US$ Mn) and % Growth By Cylinder Type,2021 & 2031
Figure 45: Latin America Market Y-o-Y Growth Rate By Cylinder Type, 2021 to 2031
Figure 46: Latin America Market Value (US$ Mn) and % Growth By Size,2021 & 2031
Figure 47: Latin America Market Y-o-Y Growth Rate By Size, 2021 to 2031
Figure 48: Latin America Market Value (US$ Mn) and % Growth By Region,2021 & 2031
Figure 49: Latin America Market Y-o-Y Growth Rate By Region, 2021 to 2031
Figure 50: Latin America Market Value (US$ Mn) and % Growth By Gas Type ,2021 & 2031
Figure 51: Latin America Market Y-o-Y Growth Rate By Gas Type, 2021 to 2031
Figure 52: Latin America Market Value (US$ Mn) and % Growth By Wrap Type ,2021 & 2031
Figure 53: Latin America Market Y-o-Y Growth Rate By Wrap Type , 2021 to 2031
Figure 54: Latin America Market Attractiveness Analysis by Country, 2021 to 2031
Figure 55: Latin America Market Attractiveness Analysis By Cylinder Type, 2021 to 2031
Figure 56: Latin America Market Attractiveness Analysis By Size, 2021 to 2031
Figure 57: Latin America Market Attractiveness Analysis By Wrap Type , 2021 to 2031
Figure 58: Latin America Market Attractiveness Analysis By Gas Type, 2021 to 2031
Figure 59: Europe Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 60: Europe Market Absolute $ Opportunity (US$ Mn), 2021 to 2031
Figure 61: Europe Market Value (US$ Mn) and % Growth by Country,2021 & 2031
Figure 62: Europe Market Y-o-Y Growth Rate by Country, 2021 to 2031
Figure 63: Europe Market Value (US$ Mn) and % Growth By Cylinder Type,2021 & 2031
Figure 64: Europe Market Y-o-Y Growth Rate By Cylinder Type, 2021 to 2031
Figure 65: Europe Market Value (US$ Mn) and % Growth By Size,2021 & 2031
Figure 66: Europe Market Y-o-Y Growth Rate By Size, 2021 to 2031
Figure 67: Europe Market Value (US$ Mn) and % Growth By Region,2021 & 2031
Figure 68: Europe Market Y-o-Y Growth Rate By Region, 2021 to 2031
Figure 69: Europe Market Value (US$ Mn) and % Growth By Gas Type ,2021 & 2031
Figure 70: Europe Market Y-o-Y Growth Rate By Gas Type, 2021 to 2031
Figure 71: Europe Market Value (US$ Mn) and % Growth By Wrap Type ,2021 & 2031
Figure 72: Europe Market Y-o-Y Growth Rate By Wrap Type , 2021 to 2031
Figure 73: Europe Market Attractiveness Analysis by Country, 2021 to 2031
Figure 74: Europe Market Attractiveness Analysis By Cylinder Type, 2021 to 2031
Figure 75: Europe Market Attractiveness Analysis By Size, 2021 to 2031
Figure 76: Europe Market Attractiveness Analysis By Wrap Type , 2021 to 2031
Figure 77: Europe Market Attractiveness Analysis By Gas Type, 2021 to 2031
Figure 78: East Asia Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 79: East Asia Market Absolute $ Opportunity (US$ Mn), 2021 to 2031
Figure 80: East Asia Market Value (US$ Mn) and % Growth by Country,2021 & 2031
Figure 81: East Asia Market Y-o-Y Growth Rate by Country, 2021 to 2031
Figure 82: East Asia Market Value (US$ Mn) and % Growth By Cylinder Type,2021 & 2031
Figure 83: East Asia Market Y-o-Y Growth Rate By Cylinder Type, 2021 to 2031
Figure 84: East Asia Market Value (US$ Mn) and % Growth By Size,2021 & 2031
Figure 85: East Asia Market Y-o-Y Growth Rate By Size, 2021 to 2031
Figure 86: East Asia Market Value (US$ Mn) and % Growth By Region,2021 & 2031
Figure 87: East Asia Market Y-o-Y Growth Rate By Region, 2021 to 2031
Figure 88: East Asia Market Value (US$ Mn) and % Growth By Gas Type ,2021 & 2031
Figure 89: East Asia Market Y-o-Y Growth Rate By Gas Type, 2021 to 2031
Figure 90: East Asia Market Value (US$ Mn) and % Growth By Wrap Type ,2021 & 2031
Figure 91: East Asia Market Y-o-Y Growth Rate By Wrap Type , 2021 to 2031
Figure 92: East Asia Market Attractiveness Analysis by Country, 2021 to 2031
Figure 93: East Asia Market Attractiveness Analysis By Cylinder Type, 2021 to 2031
Figure 94: East Asia Market Attractiveness Analysis By Size, 2021 to 2031
Figure 95: East Asia Market Attractiveness Analysis By Wrap Type , 2021 to 2031
Figure 96: East Asia Market Attractiveness Analysis By Gas Type, 2021 to 2031
Figure 97: South Asia Market Value (US$ Mn) Forecast, 2021 to 2031
Figure 98: South Asia Market Absolute $ Opportunity (US$ Mn), 2021 to 2031
Figure 99: South Asia Market Value (US$ Mn) and % Growth by Country,2021 & 2031
Figure 100: South Asia Market Y-o-Y Growth Rate by Country, 2021 to 2031
Figure 101: South Asia Market Value (US$ Mn) and % Growth By Cylinder Type,2021 & 2031
Figure 102: South Asia Market Y-o-Y Growth Rate By Cylinder Type, 2021 to 2031
Figure 103: South Asia Market Value (US$ Mn) and % Growth By Size,2021 & 2031
Figure 104: South Asia Market Y-o-Y Growth Rate By Size, 2021 to 2031
Figure 105: South Asia Market Value (US$ Mn) and % Growth By Region,2021 & 2031
Figure 106: South Asia Market Y-o-Y Growth Rate By Region, 2021 to 2031
Figure 107: South Asia Market Value (US$ Mn) and % Growth By Gas Type ,2021 & 2031
Figure 108: South Asia Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Figure 109: Oceania Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Figure 110: Oceania Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Figure 111: Oceania Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Figure 112: Oceania Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Figure 113: Oceania Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Figure 114: Oceania Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Figure 115: Oceania Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Figure 116: Oceania Market Value (US$ Mn) and Forecast by Gas Type , 2021 to 2031
Figure 117: Oceania Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Figure 118: Oceania Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Figure 119: Oceania Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Figure 120: Oceania Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
Figure 121: MEA Market Value (US$ Mn) and Forecast by Country, 2016 to 2020
Figure 122: MEA Market Value (US$ Mn) and Forecast by Country, 2021 to 2031
Figure 123: MEA Market Value (US$ Mn) and Forecast by Product, 2016 to 2020
Figure 124: MEA Market Value (US$ Mn) and Forecast by Product, 2021 to 2031
Figure 125: MEA Market Value ('000 Units) and Forecast by Product, 2016 to 2020
Figure 126: MEA Market Value ('000 Units) and Forecast by Product, 2021 to 2031
Figure 127: MEA Market Value (US$ Mn) and Forecast By Size, 2016 to 2020
Figure 128: MEA Market Value (US$ Mn) and Forecast By Size, 2021 to 2031
Figure 129: MEA Market Value (US$ Mn) and Forecast by Gas Type , 2016 to 2020
Figure 130: MEA Market Value (US$ Mn) and Forecast by Gas Type, 2021 to 2031
Figure 131: MEA Market Value (US$ Mn) and Forecast By Region, 2016 to 2020
Figure 132: MEA Market Value (US$ Mn) and Forecast By Region, 2021 to 2031
Figure 133: MEA Market Value (US$ Mn) and Forecast By Gas Type, 2016 to 2020
Figure 134: MEA Market Value (US$ Mn) and Forecast By Gas Type, 2021 to 2031
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- FAQs -
How much is the global market for gas cylinders currently worth?
The global gas cylinder market is currently valued at close to US$ 7.5 Bn.
What is the demand outlook for gas cylinders through 2031?
Gas cylinder demand is forecasted to surpass US$ 11 Bn by the end of 2031.
What was the last 5-year CAGR for the demand for gas cylinders?
From 2016 and 2020, gas cylinder sales increase at 4.5% CAGR.
Who are the top manufacturers of gas cylinders?
Some of the key gas cylinder suppliers are Luxfer Gas Cylinders, Hexagon Composites ASA, Worthington Cylinders, Dragerwerk AG & Co KGaA, Time Technoplast, Faber Industries P.A., Beijing Tianhai Industry Co, and Ullit.
Which are the leading regional markets for gas cylinders?
Asia Pacific tops the global market for gas cylinder. Sales in North America are anticipated to account for 30% share in the global market.
Which is the preferred wrap type for gas cylinders?
Aramid fibers wrap remains the most preferred wrap type for gas cylinders and accounts for 20% sales.
Gas Cylinder Market