This report studies the global LPG Cylinder industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
LPG Cylinder is a storage device that designed for the storing and transporting of liquefied petroleum gas.
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.
Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/534781/global-lpg-cylinder-industry-research-china-market
LPG cylinder industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world LPG cylinder industry. The main market players are Huanri, Amtrol-Alfa, Hebei Baigong, Worthington Industries, Sahamitr Pressure Container and Mauria Udyog. The poduction of LPG cylinder will increase to 75665 K Units in 2017 from 55078 K Units in 2012 with average growth rate of 6.56%.
In consumption market, the global consumption value of LPG cylinder increases with the 3.25% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 51.70% of the global consumption volume in total.
The global LPG Cylinder market is valued at 1730 million USD in 2017 and is expected to reach 2430 million USD by the end of 2025, growing at a CAGR of 4.3% between 2018 and 2025.
This research report categorizes the China and global LPG Cylinder market by type, end-use industry, and region.
International Manufacturers Covered
- Worthington Industries
- Sahamitr Pressure Container
- Mauria Udyog
- Manchester Tank
- Bhiwadi Cylinders
- Hexagon Ragasco
- Faber Industrie
- Gaz Liquid Industrie (GLI)
- Luxfer Gas Cylinders
- SAHUWALA CYLINDERS
- Aburi Composites
- PT PRAJAMITA INTERNUSA
China Local Manufacturers Covered
- Hebei Baigong
- Jiangsu Minsheng
- Guangdong Yingquan
- LPG Steel Cylinders
- LPG Composite Cylinders
Ask for Discount on Research Report@ https://www.qyresearch.com/request-discount/form/534781/global-lpg-cylinder-industry-research-china-market
- Kitchen and Domestic Use
- Automotive Use
- United States