-- The global composite cylinders industry has a rather high concentration. The major manufacturers are concentrated in North America and Europe, such as Luxfer Gas Cylinder, Hexagon Composites, Aburi Composites, Faber Industrie and Worthington Cylinders. At present, Luxfer Gas Cylinder is the world leader, holding 17.76% revenue market share in 2017.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, composite cylinders consumption will show a trend of steady growth. In 2024 the consumption of composite cylinders is estimated to be 10327 K Un
The Composite Cylinders market was valued at 570 Million US$ in 2018 and is projected to reach 720 Million US$ by 2025, at a CAGR of 3.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Composite Cylinders.
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Key companies profiled in this report are Luxfer Gas Cylinder, Hexagon Composites, Sinoma, Aburi Composites, Faber Industrie, Worthington Cylinders, Dragerwerk, Santek, Time Technoplast, Rubis Caribbean, Ullit, Beijing Tianhai Industry and more. Each of this company is profiled in the terms of company basic details, revenue, gross margin, product description, recent developments, etc.
Objectives of Global Composite Cylinders Market report are:
• To analyze global Composite Cylinders market status and forecast, involving production, revenue, consumption, historical and forecast data
• To analyse the key Composite Cylinders companies and to get details of their production, revenue, market share, and recent development
• To get in depth knowledge by segmentation of data into regions, types, manufacturers and applications
• To identify the global and key regions market potential, advantage, opportunities, challenges, restraints and risks.
• To identify the factors influencing the market like trends, drivers in global and regional aspects
• To present the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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Composite Cylinders Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, production, revenue, price, forecast, etc)
• Glass Fiber Composites
• Carbon Fiber Composites
Composite Cylinders Market is studied for the following applications:
(Each application is covered in the terms of market size growth rate, regional consumption analysis, market share, consumption forecast, etc.)
• Gas Carriers and Storage
• Transportation
• Life Support
• Other
Composite Cylinders Market: Production Segmentation by Regions covered for followings:
• United States
• Europe
• China
• Japan
• Other Regions
Composite Cylinders Market: Consumption Segmentation by Regions covered for followings:
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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Release ID: 472028
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