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Gas Cylinders Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)

Gas Cylinders Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)

Transportation of high value gases remains to be a critical operation that fuels the utility of safe and regulated gas cylinders. Advancements in technologies for compressing volatile as well as inert gases in cylinders has influenced the manufacturing of gas cylinders. New cylinder designs and enhanced safety provisions have optimised the handling and storing abilities of gas cylinders. Robust materials are being used to build gas cylinders that can sustain the mechanical abrasion of dropping, tipping over and undue exposure to heat. Gas cylinder manufacturers are remaining firmly focused upon building robust cylinders to meet the diverse safety precautions of toxic, flammable, corrosive, oxidising, and inert gases. Gas cylinders are being equipped with high-grade sealants to eliminate the risks of hazards associated with valve breaks or lethal projectiles that can cause cracks in the cylinder shells.

Future Market Insights’ forecast study foresees a substantial growth for the global gas cylinders market during the assessment period, 2017-2026. Over this period, it has been forecasted that the global gas cylinders market will register a robust expansion at an estimated 8% CAGR in terms of value. The report further projects that the global sales of gas cylinders will rake in more than US$ 11 Bn revenues by the end of 2026.

Demand for Type I Cylinders to Remain Predominantly High

Considering the high stakes associated with bulk gas transportation, consumers and end-users are demanding for the safest gas cylinders that can provide maximum protection against the hazards of accidental gas leaks. Type I gas cylinders are recognised for their superior safety features, wherein their lightweight also contributes towards fuel-efficient gas transportation. Advanced fabrication employed in the production of type I gas cylinders give them a competitive advantage against other types of cylinders. Several gas cylinder manufacturers are adopting powder coating technologies to make type I gas cylinders extremely corrosion resistant. It has been estimated that through 2026, approximately 40% of the global market value will be arising from the revenues procured through sales of type I gas cylinders.

Gas Cylinders Wrapped with Aramid Fibres to Register Rapid Revenue Growth

In 2017, more than US$ 2.8 Bn worth of gas cylinders sold worldwide were wrap less in nature. The demand for wrap less gas cylinders will continue to translate highest amount of revenues in the global market throughout the forecast period. However, the report observes a rapid growth in demand for gas cylinders wrapped with aramid fibres. Thermal stability of aramid fibres plays an instrumental role for wrapping the openings of gas cylinders. With high strength and low weight, the global demand for gas cylinders wrapped with aramid fibres is expected to register high revenue growth at a CAGR of 9% over the forecast period. Likewise, the report further reveals that carbon fibre wrapping of gas cylinders will translate fastest revenue growth and account for 20% of the overall market value by the end of 2026.

Absolute Adherence of Manufacturers to Gas Cylinder Safety Regulations

Storage capacity and the type of gas have a governing influence over the safety regulations developed for manufacturing of gas cylinders. On the basis of size, it is observed that sales of gas cylinders weighing 14kgs and 5kgs will register highest demand by collectively accounting for nearly one-third share of global market value by the end of the forecast period. In addition, gas cylinders are likely to be widely used for storing flammable gases. By the end of 2026, nearly US$ 3 Bn worth of gas cylinders sold in the global market will be storing flammable gases. Such statistics will continue to impose a remarkable influence on the global gas cylinder manufacturing landscape. Companies such as Luxfer Gas Cylinder, Hexagon Composites ASA, Quantum Technologies, Worthington Cylinders, Drägerwerk AG & Co. KGaA, Time Technoplast, Faber Industrie S.p.A., Beijing Tianhai Industry Co., Ullit, and Everest Kanto Cylinder Ltd., which are widely recognized as global leaders in gas cylinder manufacturing, will be firmly adhering to the global and regional standards of gas cylinder safety in 2018 and beyond.


1. Global Economic Outlook
2. Global Gas Cylinders Market - Executive Summary
3. Global Gas Cylinders Market Overview
3.1. Introduction
3.1.1. Global Gas Cylinders Market Taxonomy
3.1.2. Global Gas Cylinders Market Definition
3.2. Global Gas Cylinders Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Gas Cylinders Market Y-o-Y Growth
3.3. Global Gas Cylinders Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. New Regulations in Oil & Gas Industry
3.7. R&D Spending Per Country 2012-2017
3.8. Geographical Expansion by Gas Cylinders Manufacturers
3.9. Application Growth Matrix
3.10. Investment Feasibility Matrix
3.11. Product Life Cycle
3.12. Porter’s Five Forces
3.13. Key Participants Market Presence (Intensity Map) By Region
4. Global Gas Cylinders Market Analysis and Forecast 2012-2026
4.1. Global Gas Cylinders Market Size and Forecast By Cylinder Type, 2012-2026
4.1.1. Type I Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Type II Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Type III Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Type IV Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Type V Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.2. Global Gas Cylinders Market Size and Forecast By Wrap Type, 2012-2026
4.2.1. Wrap Less Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Glass Fiber Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Aramid Fiber Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Carbon Fiber Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
4.2.5. HDPE Market Size and Forecast, 2012-2026
4.2.5.1. Revenue (US$ Mn) Comparison, By Region
4.2.5.2. Market Share Comparison, By Region
4.2.5.3. Y-o-Y growth Comparison, By Region
4.3. Global Gas Cylinders Market Size and Forecast By Size, 2012-2026
4.3.1. 3 kgs Market Size and Forecast, 2012-2026
4.3.1.1. Revenue (US$ Mn) Comparison, By Region
4.3.1.2. Market Share Comparison, By Region
4.3.1.3. Y-o-Y growth Comparison, By Region
4.3.2. 4.5 kgs Market Size and Forecast, 2012-2026
4.3.2.1. Revenue (US$ Mn) Comparison, By Region
4.3.2.2. Market Share Comparison, By Region
4.3.2.3. Y-o-Y growth Comparison, By Region
4.3.3. 6 kgs Market Size and Forecast, 2012-2026
4.3.3.1. Revenue (US$ Mn) Comparison, By Region
4.3.3.2. Market Share Comparison, By Region
4.3.3.3. Y-o-Y growth Comparison, By Region
4.3.4. 9 kgs Market Size and Forecast, 2012-2026
4.3.4.1. Revenue (US$ Mn) Comparison, By Region
4.3.4.2. Market Share Comparison, By Region
4.3.4.3. Y-o-Y growth Comparison, By Region
4.3.5. 14 kgs Market Size and Forecast, 2012-2026
4.3.5.1. Revenue (US$ Mn) Comparison, By Region
4.3.5.2. Market Share Comparison, By Region
4.3.5.3. Y-o-Y growth Comparison, By Region
4.3.6. 17 kgs Market Size and Forecast, 2012-2026
4.3.6.1. Revenue (US$ Mn) Comparison, By Region
4.3.6.2. Market Share Comparison, By Region
4.3.6.3. Y-o-Y growth Comparison, By Region
4.3.7. 19 kgs Market Size and Forecast, 2012-2026
4.3.7.1. Revenue (US$ Mn) Comparison, By Region
4.3.7.2. Market Share Comparison, By Region
4.3.7.3. Y-o-Y growth Comparison, By Region
4.3.8. 21-34 kgs Market Size and Forecast, 2012-2026
4.3.8.1. Revenue (US$ Mn) Comparison, By Region
4.3.8.2. Market Share Comparison, By Region
4.3.8.3. Y-o-Y growth Comparison, By Region
4.3.9. 35-48 kgs Market Size and Forecast, 2012-2026
4.3.9.1. Revenue (US$ Mn) Comparison, By Region
4.3.9.2. Market Share Comparison, By Region
4.3.9.3. Y-o-Y growth Comparison, By Region
4.3.10. Other Sizes Market Size and Forecast, 2012-2026
4.3.10.1.Revenue (US$ Mn) Comparison, By Region
4.3.10.2.Market Share Comparison, By Region
4.3.10.3.Y-o-Y growth Comparison, By Region
4.4. Global Gas Cylinders Market Size and Forecast By Gas Types, 2012-2026
4.4.1. Inert Gases Market Size and Forecast, 2012-2026
4.4.1.1. Revenue (US$ Mn) Comparison, By Region
4.4.1.2. Market Share Comparison, By Region
4.4.1.3. Y-o-Y growth Comparison, By Region
4.4.2. Flammable Gases Market Size and Forecast, 2012-2026
4.4.2.1. Revenue (US$ Mn) Comparison, By Region
4.4.2.2. Market Share Comparison, By Region
4.4.2.3. Y-o-Y growth Comparison, By Region
4.4.4. Pyrophoric Gases Market Size and Forecast, 2012-2026
4.4.4.1. Revenue (US$ Mn) Comparison, By Region
4.4.4.2. Market Share Comparison, By Region
4.4.4.3. Y-o-Y growth Comparison, By Region
4.4.4. Pyrophoric Gases Market Size and Forecast, 2012-2026
4.4.4.1. Revenue (US$ Mn) Comparison, By Region
4.4.4.2. Market Share Comparison, By Region
4.4.4.3. Y-o-Y growth Comparison, By Region
4.4.5. Oxidisers Market Size and Forecast, 2012-2026
4.4.5.1. Revenue (US$ Mn) Comparison, By Region
4.4.5.2. Market Share Comparison, By Region
4.4.5.3. Y-o-Y growth Comparison, By Region
5. North America Gas Cylinders Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) Comparison, By Cylinder Type
5.6. Revenue (US$ Mn) Comparison, By Wrap Type
5.7. Revenue (US$ Mn) Comparison, By Size
5.8. Revenue (US$ Mn) Comparison, By Gas Types
6. Latin America Gas Cylinders Market Size and Forecast, 2012-2026
6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook
6.4. Revenue (US$ Mn) Comparison, By Country
6.4.1. Brazil Market Size and Forecast (US$ Mn), 2012-2026
6.4.2. Mexico Market Size and Forecast (US$ Mn), 2012-2026
6.4.3. Argentina Market Size and Forecast (US$ Mn), 2012-2026
6.4.4. Rest of Latin America Market Size and Forecast (US$ Mn), 2012-2026
6.5. Revenue (US$ Mn) Comparison, By Cylinder Type
6.6. Revenue (US$ Mn) Comparison, By Wrap Type
6.7. Revenue (US$ Mn) Comparison, By Size
6.8. Revenue (US$ Mn) Comparison, By Gas Types
7. Europe Gas Cylinders Market Size and Forecast, 2012-2026
7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook
7.4. Revenue (US$ Mn) Comparison, By Country
7.4.1. Germany Market Size and Forecast (US$ Mn), 2012-2026
7.4.2. UK Market Size and Forecast (US$ Mn), 2012-2026
7.4.3. France Market Size and Forecast (US$ Mn), 2012-2026
7.4.4. Spain Market Size and Forecast (US$ Mn), 2012-2026
7.4.5. Italy Market Size and Forecast (US$ Mn), 2012-2026
7.4.6. Rest of Europe Market Size and Forecast (US$ Mn), 2012-2026
7.5. Revenue (US$ Mn) Comparison, By Cylinder Type
7.6. Revenue (US$ Mn) Comparison, By Wrap Type
7.7. Revenue (US$ Mn) Comparison, By Size
7.8. Revenue (US$ Mn) Comparison, By Gas Types
8. Japan Gas Cylinders Market Size and Forecast, 2012-2026
8.1. Japan Outlook
8.2. Japan Parent Market Outlook
8.3. Japan Target Market Outlook
8.4. Japan Market Size and Forecast (US$ Mn), 2012-2026
8.5. Revenue (US$ Mn) Comparison, By Cylinder Type
8.6. Revenue (US$ Mn) Comparison, By Wrap Type
8.7. Revenue (US$ Mn) Comparison, By Size
8.8. Revenue (US$ Mn) Comparison, By Gas Types
9. APEJ Gas Cylinders Market Size and Forecast, 2012-2026
9.1. APEJ Outlook
9.2. APEJ Parent Market Outlook
9.3. APEJ Target Market Outlook
9.4. Revenue (US$ Mn) Comparison, By Country
9.4.1. China Market Size and Forecast (US$ Mn), 2012-2026
9.4.2. India Market Size and Forecast (US$ Mn), 2012-2026
9.4.3. Thailand Market Size and Forecast (US$ Mn), 2012-2026
9.4.4. Singapore Market Size and Forecast (US$ Mn), 2012-2026
9.4.5. Australia & New Zealand Market Size and Forecast (US$ Mn), 2012-2026
9.4.6. Rest of APEJ Market Size and Forecast (US$ Mn), 2012-2026
9.5. Revenue (US$ Mn) Comparison, By Cylinder Type
9.6. Revenue (US$ Mn) Comparison, By Wrap Type
9.7. Revenue (US$ Mn) Comparison, By Size
9.8. Revenue (US$ Mn) Comparison, By Gas Types
10. MEA Gas Cylinders Market Size and Forecast, 2012-2026
10.1. MEA Outlook
10.2. MEA Parent Market Outlook
10.3. MEA Target Market Outlook
10.4. Revenue (US$ Mn) Comparison, By Country
10.4.1. GCC Countries Market Size and Forecast (US$ Mn), 2012-2026
10.4.2. South Africa Market Size and Forecast (US$ Mn), 2012-2026
10.4.3. Nigeria Market Size and Forecast (US$ Mn), 2012-2026
10.4.4. Rest of MEA Market Size and Forecast (US$ Mn), 2012-2026
10.5. Revenue (US$ Mn) Comparison, By Cylinder Type
10.6. Revenue (US$ Mn) Comparison, By Wrap Type
10.7. Revenue (US$ Mn) Comparison, By Size

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