Global Liquefied Petroleum Gas Cylinder Market 2025-2029

Liquefied Petroleum Gas Cylinder Market 2025-2029

The liquefied petroleum gas cylinder market is forecasted to grow by USD 722.5 mn during 2024-2029, accelerating at a CAGR of 6.4% during the forecast period. The report on the liquefied petroleum gas cylinder market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of liquefied petroleum gas in many applications, rising safety and quality standards of liquefied petroleum gas cylinder, and rise in population growth and urbanization.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's liquefied petroleum gas cylinder market is segmented as below:

By Type

• Metal
• Composite

By End-user

• Residential
• Commercial
• Industrial

By Capacity

• 5 to 15 kg
• Less than 5 kg

By Product Type

• Manual valve cylinders
• Automatic valve cylinders

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the growing trend toward adoption of composite liquefied petroleum gas cylinders as one of the prime reasons driving the liquefied petroleum gas cylinder market growth during the next few years. Also, growing trend toward use of greener fuels and changing cooking practices will lead to sizable demand in the market.

The report on the liquefied petroleum gas cylinder market covers the following areas:

• Liquefied Petroleum Gas Cylinder Market sizing
• Liquefied Petroleum Gas Cylinder Market forecast
• Liquefied Petroleum Gas Cylinder Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquefied petroleum gas cylinder market vendors that include Aburi Ltd., Aygaz AS, Bhiwadi Cylinders Pvt. Ltd., CHEMET SA, EVAS, GUANGDONG YINGQUAN STEEL PRODUCTS CO. LTD., Hebei Baigong High pressure Vessel Co. Ltd., Jiangsu Minsheng Special Equipment Group Co. Ltd., Luxfer Gas Cylinders, Manchester Tank, Mauria Udyog Ltd., Metal Mate Co. Ltd., Ragasco AS, Sahamitr Pressure Container Plc, Sahuwala Cylinders Pvt. Ltd., Shandong Huanri Group Co. Ltd., The Supreme Industries Ltd., Time Technoplast Ltd., Vitkovice Milmet SA, and WORTHINGTON ENTERPRISES INC.. Also, the liquefied petroleum gas cylinder market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more