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Growth Opportunities in the Global Composite Cylinder Market

Growth Opportunities in the Global Composite Cylinder Market

According to a new market report published by Lucintel, the future of global composite cylindermarket looks promising with opportunities in gas carriers & storage, transportation, life support, andrecreation industries. The global composite cylinder market is expected to reach an estimated $968million by 2022 and it is forecast to grow at a CAGR of 7.2% from 2017 to 2022. The major driversfor market growth are increasing number of natural gas vehicles (NGVs) and growing demand forlightweight cylinders with higher pressure requirement and greater gas carrying capacity percylinder.

In this market, gas carriers & storage, transportation, life support, and recreation & others are themajor end use industries. On the basis of comprehensive research, Lucintel forecasts that the gascarriers & storage and transportation segments are expected to show above average growth duringthe forecast period.

Within the global composite cylinder market, the transportation segment is expected to remain thelargest market by value. Expected growth in the alternative fuel vehicles and increasingrequirement of weight reduction with higher gas carrying capacity are the major driving forces thatspur growth for this segment over the forecast period.

For business expansion, Lucintel’s report suggests innovation and new product development toachieve higher pressure rating, better heat tolerance, and higher gas carrying capacity.

This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.

This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.

Scope and Features of This Report:

To make critical business, investment, or strategic decisions, you need timely useful information.

This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following:

  • Market size estimates: Growth opportunities in the global composite cylinder market in terms of value ($M) and volume (Thousand Units) shipment
  • Trend and forecast analysis: Global composite cylinder market trend (2011-2016) and forecast (2017-2022) by region and segment
  • Segmentation analysis: Global composite cylinder market size from 2011 to 2022 by end use industry type, tank type, and composite consumption type as follows:
Global composite cylinder market size by end use industry type:
  • Gas Carriers and Storage
  • Transportation
  • Life Support
  • Recreation and Others
Global composite cylinder market size by tank type:
  • Type II
  • Type III
  • Type IV
Global composite cylinder market size by composite consumption type:
  • Glass Fiber Composites
  • Carbon Fiber Composites
  • Aramid Fiber Composites
Regional analysis: Global composite cylinder market breakdown by key regions of North America, Europe, and the Rest of the World
  • Growth opportunities: Analysis of growth opportunities in different end use industry type, tank type, and composite consumption, and regions.
  • Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of global composite cylinder market suppliers.
  • Emerging applications: Emerging applications of composite cylinder in the global composite cylinder market market.
Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.


1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2011 to 2022
3.1: Macroeconomic Trends and Forecast
3.2: Global Composite Cylinder Market Trends and Forecast
3.3: Global Composite Cylinder Market by End Use Industry
3.3.1: Gas Carriers and Storage
3.3.2: Transportation
3.3.3: Life Support
3.3.4: Recreation and Other
3.4: Global Composite Cylinder Market by Tank Type
3.4.1: Type II
3.4.2: Type III
3.4.3: Type IV
3.5: Composite Consumption in the Global Composite Cylinder Market by Fiber Type
3.5.1: Glass Fiber Composites
3.5.2: Carbon Fiber Composites
3.5.3: Aramid Fiber Composites
4. Market Trends and Forecast Analysis by Region
4.1: Global Composite Cylinder Market by Region
4.2: North American Composite Cylinder Market
4.3: European Composite Cylinder Market
4.4: Rest of the World Composite Cylinder Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Composite Cylinder Market by End
Use Industry
6.1.2: Growth Opportunities for the Global Composite Cylinder Market by Tank
Type
6.1.3: Growth Opportunities for the Composite Consumption in the Global
Composite Cylinder Market by Fiber Type
6.1.4: Growth Opportunities for the Global Composite Cylinder Market by Region
6.2: Emerging Trends in the Global Composite Cylinder Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Composite Cylinder Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Composite Cylinder
Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Luxfer Gas Cylinder
7.2: Hexagon Composites ASA
7.3: Quantum Technologies
7.4: Worthington Cylinders
7.5: Drägerwerk AG & Co. KGaA
7.6: Time Technoplast
7.7: Faber Industrie S.p.A.
7.8: Beijing Tianhai Industry Co.
7.9: Ullit
List of Figures
Chapter-2. Market Background and Classifications
Figure 2.1: Schematic Representation of the Wet Filament Winding Process
Figure 2.2: Filament Winding Process for Manufacturing CNG Cylinders
Figure 2.3: Supply Chain of Global Composite Cylinder Market
Figure 2.4: Drivers and Challenges of Global Composite Cylinder Market
Chapter 3. Market Trends and Forecast Analysis from 2011 to 2022
Figure 3.1: Trends of the Global GDP Growth Rate
Figure 3.2: Trends of the Regional GDP Growth Rate
Figure 3.3: Global Natural Gas Vehicle (Million Units- Cumulative) Trends (2011-2016)
Figure 3.4: Trends of Price for Gasoline, Natural Gas and Crude Oil in US (2011-2016)
Figure 3.5: Forecast for the Global GDP Growth Rate
Figure 3.6: Global Natural Gas Vehicle (Million Unit- Cumulative) Forecast (2017- 2022)
Figure 3.7: Price Forecast for Natural Gas vs Crude Oil (2017-2022)
Figure 3.8: Trends and Forecast for the Global Composite Cylinder Market (2011-2022)
Figure 3.9: Trends of the Global Composite Cylinder Market ($M) by End Use Industry
(2011-2016)
Figure 3.10: Forecast for the Global Composite Cylinder Market ($M) by End Use
Industry (2017-2022)
Figure 3.11: Trends of the Global Composite Cylinder Market (Thousand Units) by End
Use Industry (2011-2016)
Figure 3.12: Forecast for the Global Composite Cylinder Market (Thousand Units) by End
Use Industry (2017-2022)
Figure 3.13: Trends and Forecast for Gas Carriers and Storage End Use Industry in the
Global Composite Cylinder Market (2011-2022)
Figure 3.14: Trends and Forecast for Transportation End Use Industry in the Global
Composite Cylinder Market (2011-2022)
Figure 3.15: Trends and Forecast for Life Support End Use Industry in the Global
Composite Cylinder Market (2011-2022)
Figure 3.16: Trends and Forecast for Recreation and Others End Use Industry in the
Global Composite Cylinder Market (2011-2022)
Figure 3.17: Trends of the Global Composite Cylinder Market ($M) by Tank Type (2011-
2016)
Figure 3.18: Forecast for the Global Composite Cylinder Market ($M) by Tank Type
(2017 -2022)
Figure 3.19: Trends of the Global Composite Cylinder Market (Thousand Units) by Tank
Type (2011-2016)
Figure 3.20: Forecast for the Global Composite Cylinder Market (Thousand Units) by
Tank Type (2017- 2022)
Figure 3.21: Trends and Forecast for Type II Tank Type in the Global Composite Cylinder
Market (2011-2022)
Figure 3.22: Trends and Forecast for Type III Tank Type in the Global Composite
Cylinder Market (2011-2022)
Figure 3.23: Trends and Forecast for Type IV Cylinders in the Global Composite Cylinder
Market (2011-2022)
Figure 3.24: Trends of the Composite Consumption in the Global Composite Cylinder
Market ($M) by Fiber Type (2011-2016)
Figure 3.25: Forecast for the Composite Consumption in the Global Composite Cylinder
Market ($M) by Fiber Type (2017 -2022)
Figure 3.26: Trends of the Composite Consumption in the Global Composite Cylinder
Market (M lbs) by Fiber Type (2011-2016)
Figure 3.27: Forecast for the Composite Consumption in the Global Composite Cylinder
Market (M lbs) by Fiber Type (2017- 2022)
Figure 3.28: Trends and Forecast for Glass Fiber Composite Consumption in the Global
Composite Cylinder Market (2011-2022)
Figure 3.29: Trends and Forecast for Carbon Fiber Composite Consumption in the Global
Composite Cylinder Market (2011-2022)
Figure 3.30: Trends and Forecast for Aramid Fiber Composite Consumption in the Global
Composite Cylinder Market (2011-2022)
Chapter 4. Market Trends and Forecast Analysis by Region
Figure 4.1: Trends of the Global Composite Cylinder Market ($M) by Region (2011-2016)
Figure 4.2: Forecast for the Global Composite Cylinder Market ($M) by Region (2017-
2022)
Figure 4.3: Trends of the Global Composite Cylinder Market (Thousand Units) by Region
(2011-2016)
Figure 4.4: Forecast for the Global Composite Cylinder Market (Thousand Units) by
Region (2017-2022)
Figure 4.5: Trends and Forecast of the North American Composite Cylinder Market
(2011-2022)
Figure 4.6: Trends and Forecast of the European Composite Cylinder Market (2011-
2022)
Figure 4.7: Trends and Forecast of the Rest of the World Composite Cylinder Market
(2011-2022)
Chapter 5. Competitor Analysis
Figure 5.1: Market Share Analysis for the Global Composite Cylinder Market ($ Million) in
2016
Figure 5.2: Market Share of the Top Five Players of the Global Composite Cylinder
Market ($ Million) in 2016
Figure 5.3: Headquarter Locations of Key Manufacturers of the Composite Cylinder
Market
Figure 5.4: Porter’s Five Forces Model for Global Composite Cylinder Market
Chapter 6. Growth Opportunities and Strategic Analysis
Figure 6.1: Growth Opportunity for the Global Composite Cylinder Market by End Use
Industry (2017-2022)
Figure 6.2: Growth Opportunity for the Global Composite Cylinder Market by Type of
Cylinder (2017- 2022)
Figure 6.3: Growth Opportunities for the Composite Consumption of the Global
Composite Cylinder Market by Fiber Type (2017-2022)
Figure 6.4: Growth Opportunity for the Global Composite Cylinder Market by Region
(2017-2022)
Figure 6.5: Emerging Trends in the Global Composite Cylinder Market
Figure 6.6: Coradia iLint
Chapter 7. Company Profiles of Leading Players
Figure 7.1: Major Plant Locations of Luxfer Gas Cylinders
Figure 7.2: Major Plant Locations of Hexagon Composites ASA
Figure 7.3: Headquarter Location of Quantum Technologies
Figure 7.4: Major Plant Locations of Worthington Cylinders
Figure 7.5: Headquarter Location of Drägerwerk AG & Co. KGaA
Figure 7.6: Major Plant Locations of Time Technoplast
Figure 7.7: Headquarter Locations of Faber Industries S.p.A
Figure 7.8: Major Plant Locations of Beijing Tianhai Industry Co. Composite Cylinder
Business
Figure 7.9: Major Plant Locations of Ullit Composite Cylinder Business
List of Tables
Chapter 1. Executive Summary
Table 1.1: Global Composite Cylinder Market Parameters and Attributes
Chapter 3. Market Trends and Forecast Analysis from 2011 to 2022
Table 3.1: Market Trends of the Global Composite Cylinder Market (2011-2016)
Table 3.2: Market Trends of the Global Composite Cylinder Market (2017-2022)
Table 3.3: Market Size and CAGR of Various End Use Industries in the Global Composite
Cylinder Market by Value (2011-2016)
Table 3.4: Market Size and CAGR of Various End Use Industries in the Global Composite
Cylinder Market by Value (2017-2022)
Table 3.5: Market Size and CAGR of Various End Use Industries in the Global Composite
Cylinder Market by Volume (2011-2016)
Table 3.6: Market Size and CAGR of Various End Use Industries in the Global Composite
Cylinder Market by Volume (2017-2022)
Table 3.7: Market Trends of Gas Carriers and Storage in the Global Composite Cylinder
Market (2011-2016)
Table 3.8: Market Forecast for Gas Carriers and Storage in the Global Composite
Cylinder Market (2017-2022)
Table 3.9: Market Trends of Transportation in the Global Composite Cylinder Market
(2011-2016)
Table 3.10: Market Forecast for Transportation in the Global Composite Cylinder Market
(2017-2022)
Table 3.11: Market Trends of Life Support in the Global Composite Cylinder Market
(2011-2016)
Table 3.12: Market Forecast for Life Support in the Global Composite Cylinder Market
(2017-2022)
Table 3.13: Market Trends of Recreation and Others in the Global Composite Cylinder
Market (2011-2016)
Table 3.14: Market Forecast for Life Support in the Global Composite Cylinder Market
(2017-2022)
Table 3.15: Market Size and CAGR of Various Tank Types of the Global Composite
Cylinder Market by Value (2011-2016)
Table 3.16: Market Size and CAGR of Various Tank Types of the Global Composite
Cylinder Market by Value (2017-2022)
Table 3.17: Market Size and CAGR of Various Tank Types of the Global Composite
Cylinder Market by Volume (2011-2016)
Table 3.18: Market Size and CAGR of Various Tank Types of the Global Composite
Cylinder Market by Value (2017-2022)
Table 3.19: Market Trends of Type II Cylinders in the Global Composite Cylinders Market
(2011-2016)
Table 3.20: Market Forecast for Type II Cylinders in the Global Composite Cylinder
Market (2017-2022)
Table 3.21: Market Trends of Type III Cylinder in the Global Composite Cylinder Market
(2011-2016)
Table 3.22: Market Forecast for Type III Cylinders in the Global Composite Cylinder
Market (2017-2022)
Table 3.23: Market Trends of Type IV Cylinder in the Global Composite Cylinder Market
(2011-2016)
Table 3.24: Market Forecast for Type IV Cylinders in the Global Composite Cylinder
Market (2017-2022)
Table 3.25: Market Size and CAGR of Composite Consumption ($M) by Various Fiber
Types in the Global Composite Cylinder Market (2011-2016)
Table 3.26: Market Size and CAGR of Composite Consumption ($M) by Various Fiber
Types in the Global Composite Cylinder Market by Value (2017-2022)
Table 3.27: Market Size and CAGR of Composite Consumption (M lbs) by Various Fiber
Types in the Global Composite Cylinder Market (2011-2016)
Table 3.28: Market Size and CAGR of Composite Consumption (Thousand Units) by
Various Fiber Types in the Global Composite Cylinder Market by Value (2017-2022)
Table 3.29: Market Trends of Glass Fiber Composite Consumption in the Global
Composite Cylinder Market (2011-2016)
Table 3.30: Market Forecast for Glass Fiber Composite Consumption in the Global
Composite Cylinder Market (2017-2022)
Table 3.31: Market Trends of Carbon Fiber Composites in the Global Composite Cylinder
Market (2011-2016)
Table 3.32: Market Forecast for Carbon Fiber Composites in the Global Composite
Cylinder Market (2017-2022)
Table 3.33: Market Trends of Aramid Fiber Composite Consumption in the Global
Composite Cylinder Market (2011-2016)
Table 3.34: Market Forecast for Aramid Fiber Composite Consumption in the Global
Composite Cylinder Market (2017-2022)
Chapter 4. Market Trends and Forecast Analysis by Region
Table 4.1: Market Size and CAGR of Various Regions of the Global composite cylinder
Market by Value (2011-2016)
Table 4.2: Market Size and CAGR of Various Regions of the Global Composite Cylinder
Market by Value (2017-2022)
Table 4.3: Market Size and CAGR of Various Fiber Types of the Global Composite
Cylinder Market by Region (2011-2016)
Table 4.4: Market Size and CAGR of Various Tank Types of the Global Composite
Cylinder Market by Region (2017-2022)
Table 4.5: Market Trends in the North American Composite Cylinder Market (2011-2022)
Table 4.6: Market Forecast for the North American Composite Cylinder Market (2017-
2022)
Table 4.7: Market Trends in the European Composite Cylinder Market (2011-2022)
Table 4.8: Market Forecast for the European Composite Cylinder Market (2017-2022)
Table 4.9: Market Trends in the Rest of the World Composite Cylinder Market (2011-
2016)
Table 4.10: Market Forecast for the Rest of the World Composite Cylinder Market (2017-
2022)
Chapter 5. Competitor Analysis
Table 5.1: Market Presence of Major Composite Cylinder Players by End Use Industry
Table 5.2: Product Mapping of Composite Cylinder Manufacturers Based on Type of
Tanks
Table 5.3: Rankings of Composite Cylinder Suppliers Based on Revenue
Table 5.4: Presence of Composite Cylinder Manufacturers across the Value Chain
Chapter 6. Growth Opportunities and Strategic Analysis
Table 6.1: New Product Launches by Major Composite Cylinder Producers (2011-2016)
Table 6.2: Certification and Licenses Acquired by Major Competitors in the Global
Composite Cylinder Market

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