Gas Cylinder Market : to reach USD 4,649,514.48 thousand by 2030, Growing with a CAGR of 5.0%, Top Key Players, Share, Size, Growth & Trends 

An all-inclusive Gas Cylinder market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players. An excellent market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The market is also well analyzed on the basis of numerous regions in the supreme Gas Cylinder report.

Global Gas Cylinder market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. Moreover, in the market report, the key product categories are also included. The report includes historic data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. The comprehensive Gas Cylinder market report also demonstrates supportive data related to the dominant players in the market such as product offerings, revenue, segmentation, and business synopsis.

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An increase in demand for medical oxygen cylinders is an important driver for the global gas cylinder market. The rise in the consumption of L.P.G. cylinders for various applications is gaining prominence. An increase in the number of government activities aimed at increasing consumer awareness and demand for gas cylinders in various sectors are expected to propel the growth of the global gas cylinder market.

The gas cylinder market is expected to gain significant growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.0% in the forecast period of 2023 to 2030 and is expected to reach USD 4,649,514.48 thousand by 2030.

Market Definition

A gas cylinder is a pressure vessel that stores gases at higher than atmospheric pressures. High-pressure gas cylinders, also known as bottles. Depending on the physical qualities of the item, the stored components inside the cylinder may be in a supercritical fluid, compressed gas, Vapour over liquid, or dissolved in a substrate material. The valve and connecting connection are positioned at the top of a normal gas cylinder design, extending and standing upright on a flattened bottom end. The increasing focus of renowned manufacturers on developing unique cylinder designs that are capable of improving safety measures, optimizing handling and storage abilities, and are lightweight is anticipated to drive the market. The increased use of gas cylinders in various applications such as water treatment, soldering, beverage dispensing, medical purposes, heating and cooking, and fire extinguishing is expected to increase demand worldwide.

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Gas Cylinder Market Scope

The gas cylinder market is categorized based on material, product, wrap type, gas and application. The growth amongst five segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Material

Steel
Composite
Others

On the basis of material, the gas cylinder market is segmented into steel, composite, and others.

Product

High pressure
Low pressure
Acetylene

On the basis of product, the gas cylinder market is is segmented intohigh pressure, low pressure, and acetylene.

Wraps

Wrap less
Glass fiber
Aramid fiber
Carbon fiber
Others

On the basis of wrap type, the gas cylinder market is segmented into wrap less, glass fiber, aramid fiber, carbon fiber, and others.

Gas

Flammable gases
Inert gases
Toxic gases
Pyrophoric gases
Oxidizers
Others

On the basis of gas, the gas cylinder market is segmented into inert gases, flammable gases, toxic gases, pyrophoric gases, oxidizers, and others.

Application

Kitchen and domestic
Processing industries
Medical
Transportation
Others

On the basis of application, the gas cylinder market is segmented into kitchen and domestic, processing industries, medical, transportation, and others.

Gas Cylinder Market Share Analysis

The gas cylinder market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies' focus related to the gas cylinder market.

Some of the major market players engaged in the global gas cylinder market are 3M, Aygaz A.Ş., FABER INDUSTRIE SPA, Hexagon Ragasco AS, Luxfer Gas Cylinders, Worthington Industries Inc, Beijing Tianhai Industry Co., Ltd., Drägerwerk AG & Co. KGaA, EKC, Linde plc, Time Technoplast Ltd., MS GROUP, Welz Gas Cylinder GmbH, and Zhejiang Tianlong cylinder co., L.T.D. among others.

Gas Cylinder Market Regional Analysis/Insights

The gas cylinder market is segmented on the basis of material, product, wrap type, gas and application.

The major countries covered in the gas cylinder market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia & New Zealand, Thailand, Indonesia, Hong Kong, Philippines, Taiwan, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

In Asia-Pacific, the China is expected to dominate the market due to an increase in demand for medical oxygen cylinders in the region. The U.S. is expected to dominate the North American gas cylinder market due to the increase in the number of government activities aimed at increasing consumer awareness.

Table of Contents:

Introduction
Market Segmentation
Executive Summary
Premium Insights
Global Gas Cylinder Market: Regulations
Market Overview
Global Gas Cylinder Market, By Component
Global Gas Cylinder Market, By Application
Global Gas Cylinder Market, By Organization Size
Global Gas Cylinder Market, By End User
Global Gas Cylinder Market, By Deployment Mode
Global Gas Cylinder Market, By Region
Global Gas Cylinder Market: Company Landscape
SWOT Analyses
Company Profile
Questionnaires
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