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Composite LPG Cylinderss have a huge variety of uses, most significantly domestic use. They are suitable for both indoor and outdoor use, including caravans, camping and barbecues. Moreover, they are employed across many different sectors such as boating, hot air balloons, construction, recreation, hospitality, agricultural, calefaction and fishing.
Scope of the Report:
This report focuses on the Composite LPG Cylinders 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.
Composite 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.
In the past several years, the global composite LPG cylinder market is relatively stable with a Compound Annual Growth Rate of 9.86%. In 2015, the global actual production of composte LPG cylinder is about 5840 K Units, with a total capacity of nearly 7800K Units.
Due to the regulations in Europe and North America, the composite LPG cylinder industry is relatively 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. However, in China, the composite LPG cylinder is not that popular,
The composite LPG cylinder can be used in different fields, like home use and automotive, institutions & commercial applications, etc. Kitchen and domestic use is the largest application of composite LPG cylinder.
The two largest producers of LPG cylinder in the world are Hexagon Ragasco and Aburi Composites, which takes a combined share of 35.90% in 2015.
Due to the superior performance of composite LPG cylinder, the steel LPG cylinder must be replaced by composite LPG cylinder gradually. And with the development of technology, there will be better materials to be developed. So the current material also has the danger of replacement.
The worldwide market for Composite LPG Cylinders is expected to grow at a CAGR of roughly 5.7% over the next five years, will reach 490 million US$ in 2023, from 350 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Hexagon Ragasco
- Aburi Composites
- Time Tech
- Rubis Caribbean
- Composite Scandinavia
- RAD SANE HIDAJ
- Sundarban Industrial Complex
- Metal Mate
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- metal tank winding
- composite material tank winding
Market Segment by Applications, can be divided into
- Kitchen and Domestic Use
- Institutions & Commercial
There are 15 Chapters to deeply display the global Composite LPG Cylinders market.
Chapter 1, to describe Composite LPG Cylinders Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Composite LPG Cylinders, with sales, revenue, and price of Composite LPG Cylinders, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Composite LPG Cylinders, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Composite LPG Cylinders market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Composite LPG Cylinders sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source