LPG Cylinder Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the LPG Cylinder market including various factors related to and dependent influencing the market growth.
LPG Cylinder is a storage device that designed for the storing and transporting of liquefied petroleum gas.
LPG cylinder has a huge variety of uses, most significantly domestic use. It is suitable for both indoor and outdoor use, including caravans, camping and barbecues. Moreover, it is employed across many different sectors such as transportation, hot air balloons, construction, recreation, hospitality, agricultural, calefaction and fishing.
LPG cylinder industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world LPG cylinder industry. The main market players are Worthington Industries, Huanri, Hebei Baigong, Sahamitr Pressure Container and Mauria Udyog. The C of LPG cylinder will increase to 78563 K Units in 2022 from 58354 K Units in 2013 with average growth rate of 6.13%.
Due to the regulations in Europe, the LPG cylinder industry is relative concentrated, the manufacture technology of steel cylinder is highly mature, while the market of composite cylinder is in fast growth, which has been taking a noticeable market share for more than ten years. In 2020, the market share of steel cylinder is 60.17%, while the share of composite cylinder increased to 34.97%. The key factors that triggered the prosperity of composite cylinder market are: it is fifty per cent lighter than conventional steel cylinders; it is nonexplosive, translucent, non-corrosive and environment friendly.
The LPG Cylinder market was valued at xx Million US$ in 2023 and is projected to reach xx Million US$ by 2030, at a CAGR of xx% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for LPG Cylinder.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global LPG Cylinder market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the LPG Cylinder market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The LPG Cylinder market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the LPG Cylinder Market:
The major competitors working in the market are:
, Worthington Industries, Aygaz, Butagaz, EVAS, Hexagon Ragasco, Faber Industrie, Gaz Liquid Industrie (GLI), VÍTKOVICE , Luxfer Gas Cylinders, Aburi Composites, Huanri, Hebei Baigong, Sahamitr Pressure Container , Mauria Udyog, Jiangsu Minsheng, Bhiwadi Cylinders, MetalMate
Market by Order Type
LPG Steel Cylinders
LPG Composite Cylinders
LPG Cylinder Data by Application
Kitchen and Domestic Use
Automotive Use
Others
LPG Cylinder Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the LPG Cylinder market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of LPG Cylinder Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the LPG Cylinder market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the LPG Cylinder market size and their forecasts
- To provide strategic profiles of the key players operating in the LPG Cylinder market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the LPG Cylinder market
Target Audiences for LPG Cylinder Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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