Global LPG Cylinder Supply, Demand and Key Producers, 2026-2032
Description
The global LPG Cylinder market size is expected to reach $ 3363 million by 2032, rising at a market growth of 3.3% CAGR during the forecast period (2026-2032).
LPG Cylinders are specialized storage devices engineered for the safe containment and transportation of liquefied petroleum gas (LPG). Typically constructed from high-strength steel, these cylinders are designed to withstand high pressures and harsh environmental conditions, ensuring that LPG remains in its liquid state during both storage and transit. Their robust construction, combined with advanced safety features, makes them indispensable for domestic applications where LPG is used to fuel kitchen stoves, water heaters, and other household appliances. This versatility extends to outdoor settings as well, as LPG cylinders are widely used in caravans, camping excursions, and barbecues. Beyond residential purposes, these cylinders serve a broad spectrum of industrial and commercial needs. They are employed in sectors such as transportation, construction, and recreational activities, and are even found in specialized applications like hot air ballooning, hospitality services, agricultural operations, calefaction systems, and fishing. This wide range of applications underscores the LPG cylinder’s critical role in modern energy distribution, offering a safe and reliable means to store and deliver LPG to meet both everyday and specialized energy demands.
Globally, the LPG cylinder market is characterized by dynamic competition and diverse regional demand. Leading manufacturers such as Worthington Industries, Huanri, Hebei Baigong, Aygaz, and Manchester Tank are at the forefront of this industry, with the top five players collectively capturing about 30% of the global market share. The industry is notably segmented by product type, with LPG Steel Cylinders dominating with an approximate 85% share, reflecting industry confidence in steel for its durability and ability to maintain the structural integrity required in high-pressure environments. Market distribution is similarly varied; Europe stands as the largest market, accounting for roughly 40% of global demand. This prominence is driven by stringent safety standards and a mature energy infrastructure that favors reliable LPG storage solutions. In contrast, both China and North America hold significant positions in the market, each contributing around 20% to the global share. These regional disparities are influenced by factors such as regulatory frameworks, economic development, and consumer preferences, all of which shape the competitive landscape and drive ongoing innovation in the design and production of LPG cylinders.
Looking forward, trends in the LPG cylinder sector point to continued innovation, diversification, and an increasing emphasis on safety and environmental sustainability. Manufacturers are investing heavily in advanced production techniques and research into enhanced materials, aiming to develop cylinders that not only offer superior safety features but also reduce the environmental impact associated with their production and disposal. Technological improvements in metallurgy and engineering are expected to yield more efficient and longer-lasting LPG cylinders that cater to a broader array of applications—from traditional domestic uses such as kitchen and heating systems to emerging markets in automotive and industrial processes. As consumers and regulatory bodies alike demand higher safety standards and more sustainable energy solutions, the industry is likely to experience significant growth and transformation. This evolution will be driven by a dual focus: meeting the immediate, everyday needs of households while simultaneously addressing the complex challenges of industrial energy storage and transportation. In this rapidly changing global energy landscape, the LPG cylinder market is set to balance safety, efficiency, and environmental considerations, ensuring its continued relevance and expansion in the years to come.
This report studies the global LPG Cylinder production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for LPG Cylinder and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of LPG Cylinder that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global LPG Cylinder total production and demand, 2021-2032, (K Units)
Global LPG Cylinder total production value, 2021-2032, (USD Million)
Global LPG Cylinder production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global LPG Cylinder consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: LPG Cylinder domestic production, consumption, key domestic manufacturers and share
Global LPG Cylinder production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global LPG Cylinder production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global LPG Cylinder production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global LPG Cylinder market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Worthington Industries, Hebei Baigong, Sahamitr Pressure Container, Mauria Udyog, Manchester Tank, Aygaz, Jiangsu Minsheng, Butagaz, Bhiwadi Cylinders, EVAS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World LPG Cylinder market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global LPG Cylinder Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global LPG Cylinder Market, Segmentation by Type:
LPG Steel Cylinders
LPG Composite Cylinders
Others
Global LPG Cylinder Market, Segmentation by Application:
Home Use
Automotive Use
Others
Companies Profiled:
Worthington Industries
Hebei Baigong
Sahamitr Pressure Container
Mauria Udyog
Manchester Tank
Aygaz
Jiangsu Minsheng
Butagaz
Bhiwadi Cylinders
EVAS
PT PRAJAMITA INTERNUSA
Faber Industrie
Chemet
MetalMate
VÍTKOVICE
Luxfer Gas Cylinders
SAHUWALA CYLINDERS
Aburi Composites
MBG
Key Questions Answered:
1. How big is the global LPG Cylinder market?
2. What is the demand of the global LPG Cylinder market?
3. What is the year over year growth of the global LPG Cylinder market?
4. What is the production and production value of the global LPG Cylinder market?
5. Who are the key producers in the global LPG Cylinder market?
6. What are the growth factors driving the market demand?
LPG Cylinders are specialized storage devices engineered for the safe containment and transportation of liquefied petroleum gas (LPG). Typically constructed from high-strength steel, these cylinders are designed to withstand high pressures and harsh environmental conditions, ensuring that LPG remains in its liquid state during both storage and transit. Their robust construction, combined with advanced safety features, makes them indispensable for domestic applications where LPG is used to fuel kitchen stoves, water heaters, and other household appliances. This versatility extends to outdoor settings as well, as LPG cylinders are widely used in caravans, camping excursions, and barbecues. Beyond residential purposes, these cylinders serve a broad spectrum of industrial and commercial needs. They are employed in sectors such as transportation, construction, and recreational activities, and are even found in specialized applications like hot air ballooning, hospitality services, agricultural operations, calefaction systems, and fishing. This wide range of applications underscores the LPG cylinder’s critical role in modern energy distribution, offering a safe and reliable means to store and deliver LPG to meet both everyday and specialized energy demands.
Globally, the LPG cylinder market is characterized by dynamic competition and diverse regional demand. Leading manufacturers such as Worthington Industries, Huanri, Hebei Baigong, Aygaz, and Manchester Tank are at the forefront of this industry, with the top five players collectively capturing about 30% of the global market share. The industry is notably segmented by product type, with LPG Steel Cylinders dominating with an approximate 85% share, reflecting industry confidence in steel for its durability and ability to maintain the structural integrity required in high-pressure environments. Market distribution is similarly varied; Europe stands as the largest market, accounting for roughly 40% of global demand. This prominence is driven by stringent safety standards and a mature energy infrastructure that favors reliable LPG storage solutions. In contrast, both China and North America hold significant positions in the market, each contributing around 20% to the global share. These regional disparities are influenced by factors such as regulatory frameworks, economic development, and consumer preferences, all of which shape the competitive landscape and drive ongoing innovation in the design and production of LPG cylinders.
Looking forward, trends in the LPG cylinder sector point to continued innovation, diversification, and an increasing emphasis on safety and environmental sustainability. Manufacturers are investing heavily in advanced production techniques and research into enhanced materials, aiming to develop cylinders that not only offer superior safety features but also reduce the environmental impact associated with their production and disposal. Technological improvements in metallurgy and engineering are expected to yield more efficient and longer-lasting LPG cylinders that cater to a broader array of applications—from traditional domestic uses such as kitchen and heating systems to emerging markets in automotive and industrial processes. As consumers and regulatory bodies alike demand higher safety standards and more sustainable energy solutions, the industry is likely to experience significant growth and transformation. This evolution will be driven by a dual focus: meeting the immediate, everyday needs of households while simultaneously addressing the complex challenges of industrial energy storage and transportation. In this rapidly changing global energy landscape, the LPG cylinder market is set to balance safety, efficiency, and environmental considerations, ensuring its continued relevance and expansion in the years to come.
This report studies the global LPG Cylinder production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for LPG Cylinder and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of LPG Cylinder that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global LPG Cylinder total production and demand, 2021-2032, (K Units)
Global LPG Cylinder total production value, 2021-2032, (USD Million)
Global LPG Cylinder production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global LPG Cylinder consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: LPG Cylinder domestic production, consumption, key domestic manufacturers and share
Global LPG Cylinder production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global LPG Cylinder production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global LPG Cylinder production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global LPG Cylinder market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Worthington Industries, Hebei Baigong, Sahamitr Pressure Container, Mauria Udyog, Manchester Tank, Aygaz, Jiangsu Minsheng, Butagaz, Bhiwadi Cylinders, EVAS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World LPG Cylinder market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global LPG Cylinder Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global LPG Cylinder Market, Segmentation by Type:
LPG Steel Cylinders
LPG Composite Cylinders
Others
Global LPG Cylinder Market, Segmentation by Application:
Home Use
Automotive Use
Others
Companies Profiled:
Worthington Industries
Hebei Baigong
Sahamitr Pressure Container
Mauria Udyog
Manchester Tank
Aygaz
Jiangsu Minsheng
Butagaz
Bhiwadi Cylinders
EVAS
PT PRAJAMITA INTERNUSA
Faber Industrie
Chemet
MetalMate
VÍTKOVICE
Luxfer Gas Cylinders
SAHUWALA CYLINDERS
Aburi Composites
MBG
Key Questions Answered:
1. How big is the global LPG Cylinder market?
2. What is the demand of the global LPG Cylinder market?
3. What is the year over year growth of the global LPG Cylinder market?
4. What is the production and production value of the global LPG Cylinder market?
5. Who are the key producers in the global LPG Cylinder market?
6. What are the growth factors driving the market demand?
Table of Contents
143 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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