Press release
Industrial Gas Cylinders Market is Forecasted to Reach USD 928 million in 2031, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global Industrial Gas Cylinders Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/2308/industrial-gas-cylinders-market.html#form
Report Highlights: `
Market Size in 2031: USD 928 million
Growth (CAGR): 4.2% during 2025-2031
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 2
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Industrial Gas Cylinders Market:
The global Industrial Gas Cylinders Market is segmented gas Type, & Region
Based on gas type: The market is segmented into oxygen, nitrogen, carbon dioxide, helium, argon, acetylene, and other gases. Oxygen gas cylinders lead the market due to their widespread applications in chemical manufacturing, steel production, aquaculture, and water treatment. Their crucial role in oxidation reactions and live seafood transportation further strengthens their dominance. However, nitrogen gas cylinders are expected to grow at the fastest rate, fueled by the rapid expansion of the pharmaceutical and semiconductor industries, where nitrogen is essential for preserving product integrity and advanced manufacturing processes.
To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2308/industrial-gas-cylinders-market.html#form
Regional Analysis
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis Asia-Pacific is expected to remain the dominant as well as the fastest growing region for the industrial gas cylinders market.This growth outlook is majorly attributed to the following-
• The rapid expansion of the electronics, chemical, and petrochemical industries in the region.
• China and India are projected to be the key growth drivers, fueled by rapid industrialization fueling demand for industrial gases, and expanding manufacturing industries.
Industrial Gas Cylinders Market Drivers:
The growth of the Industrial Gas Cylinders Market is driven by several factors.
• The industrial gas cylinders market is steadily growing, fueled by the rising demand for industrial gases across industries like manufacturing, energy, and processing. These cylinders play a vital role in storing and transporting gases such as oxygen, nitrogen, hydrogen, argon, and carbon dioxide, which are essential for various industrial processes.
• The increasing use of high-pressure gas cylinders in market like welding, cutting, and food processing is boosting market growth. Industrial gases are compressed into a cylinder at pressures of up to 300 bar as standard. These cylinders are made up of high-strength steel or aluminum that is capable of withstanding high pressures.
• Furthermore, strict regulatory guidelines surrounding the handling and transportation of industrial gases are pushing companies to prioritize safety compliance and introduce more durable and efficient cylinder designs.
• With the ongoing expansion of industrial operations, the demand for reliable and safe gas cylinders is projected to increase significantly in the coming years.
Top 10 Companies in the Industrial Gas Cylinders Market:
Stratview Research has identified the following companies as the top market players:
• TriMas Corporation
• Cylinders Holding Group
• Everest Kanto Cylinder Ltd.
• Luxfer Holdings PLC
• Shanghai Bene High Pressure Container Co., Ltd
• Worthington Industries, Inc.
• Beijing Tianhai Industry Co., Ltd.
• Sinoma Science & Technology Co., Ltd.
• Rama Cylinder Pvt Ltd
• Tenaris S.A.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Industrial Gas Cylinders Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Helium Market: https://www.stratviewresearch.com/1164/helium-market.html
• Industrial Nitrogen Generator Market: https://www.stratviewresearch.com/3594/industrial-nitrogen-generator-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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