Global LPG Cylinder Market Insights, Forecast to 2025
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 2018 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 2017, 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 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LPG Cylinder.
This report presents the worldwide LPG Cylinder market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
LPG Cylinder Breakdown Data by Type
LPG Steel Cylinders
LPG Composite Cylinders
LPG Cylinder Breakdown Data by Application
Kitchen and Domestic Use
Automotive Use
Others
LPG Cylinder Production by Region
United States
Europe
China
Japan
Other Regions
LPG Cylinder Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global LPG Cylinder status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key LPG Cylinder manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of LPG Cylinder :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LPG Cylinder market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 2018 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 2017, 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 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LPG Cylinder.
This report presents the worldwide LPG Cylinder market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
LPG Cylinder Breakdown Data by Type
LPG Steel Cylinders
LPG Composite Cylinders
LPG Cylinder Breakdown Data by Application
Kitchen and Domestic Use
Automotive Use
Others
LPG Cylinder Production by Region
United States
Europe
China
Japan
Other Regions
LPG Cylinder Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global LPG Cylinder status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key LPG Cylinder manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of LPG Cylinder :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LPG Cylinder market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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