|01-11-2019 04:31 PM CET - Energy & Environment||
LPG Cylinder Market has taken Unexpectable Growth towards 2026 with the CAGR of 4.4% Covers Major Segments and Leading Players like Amtrol-Alfa, Aygaz, BUTAGAZ, Worthington Industries, MetalMate, Luxfer Gas Cylinders, Huanri, Manchester Tank and Equipment
Press release from: Worldwide Market Reports
Here WMR(Worldwide Market Reports) come up with New Report on “Asia-Pacific LPG Cylinder Market, Which provides key information about the industry, including very helpful and important facts and figures, industry expert opinions, and the keen understanding on latest Business developments across the globe. Our comprehensive market outlook is expected to support several clients and businesses to make better market decisions and align their market strategies with the changing market dynamics.
About the LPG Cylinder Market:
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.
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Asia-Pacific LPG Cylinder Market Competition by TOP PLAYERS, with LPG Cylinder sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including:
Sahamitr Pressure Container Plc. (SMPC), Amtrol-Alfa, MAURIA UDYOG LIMITED, Aygaz, BUTAGAZ, EVAS, Worthington Industries, Bhiwadi Cylinders Pvt. Ltd., SAHUWALA CYLINDERS, MetalMate, Gaz Liquid Industrie (GLI), MBG, VITKOVICE, Hexagon Ragasco AS, Luxfer Gas Cylinders, Faber Industrie, Aburi Composites, PT PRAJAMITA INTERNUSA, Huanri, Hebei Baigong, Jiangsu Minsheng, Guangdong Yingquan, Manchester Tank and Equipment
Scope of the Report (Overlook 2018-2026):
• This report focuses on the LPG Cylinder in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
• In consumption market, the global consumption value of LPG cylinder increases with the 3.25% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 51.70% of the global consumption volume in total.
• LPG cylinder has two types, which include LPG steel cylinders and LPG composite cylinders. And each type has application industries relatively. With medical effect in application process of LPG cylinder, the downstream application industries will need more
• LPG cylinder products. So, LPG cylinder has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance LPG cylinder through improving technology.
• The major raw materials for LPG cylinder are metal sheets, fluxes, welding wires, paint, valve, and other components. Fluctuations in the price of the upstream product will impact on the production cost of LPG cylinder. The production cost of LPG cylinder is also an important factor which could impact the price of LPG cylinder.
• The worldwide market for LPG Cylinder is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 2240 million US$ in 2023, from 1730 million US$ in 2017, according to a new GIR (Global Info Research) study.
Worldwide Market Report’s “LPG Cylinder market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
In this study the year considered to estimate the market size of Asia-Pacific LPG Cylinder Market are as follows:
• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2018
• Forecast Year: 2019 to 2026
LPG Cylinder Market Segemted on the basis of Sales, Product Type, Application, Volume, End-user is as follows:
Product Segment Analysis of Asia-Pacific LPG Cylinder Market:
LPG Steel Cylinders
LPG Composite Cylinders
On the basis on the End users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K MT), market share and growth rate of LPG Cylinder for each application, includin
Kitchen and Domestic Use
Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of LPG Cylinder for these regions, from 2018 to 2026 (forecast), including
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