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Composite LPG Cylinder Market By Product (Type III and Type IV), By Size (0 to 5 Kg, 6 to 10 Kg, and 11 Kg & Above), and By Application (Kitchen & Domestic Use, Transportation, Recreational Use, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 02-Sep-2019 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-4660 Status : Published

Global composite LPG cylinder market expected to reach around USD 249 million by 2025, growing at a CAGR of 9.5% between 2019 and 2025. The composite LPG cylinder market will witness significant growth in the years ahead, owing to these cylinders’ explosion aversion characteristic.

Description

The report covers a forecast and an analysis of the global composite LPG cylinder market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on both volume (K Units) and revenue (USD Million). The complete study covers the key drivers and restraints of the global composite LPG cylinder market and provides their impact on the market within the forecast period. Furthermore, the study also includes the analysis of opportunities available within the global composite LPG cylinder market.

In order to offer the users of this report a comprehensive view of the global composite LPG cylinder market, we have included a detailed value chain analysis. To understand the competitive landscape within the market, an analysis of Porter’s Five Forces model for global composite LPG cylinder market has additionally been included. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Composite LPG Cylinder Market

The study also includes the market share of the key participants operating in the global composite LPG cylinder market. Moreover, the report covers the strategic development in the market along with acquisitions & mergers, agreements, partnerships, collaborations & joint ventures, and regional growth of key players in the market.

The study provides a crucial view of the composite LPG cylinder market by segmenting it based on product, size, application, and region. The regional segment is divided into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Some major players of the global composite LPG cylinder market are Hexagon Composites, Aburi Composites, Amtrol-Alfa, Time Technoplast, Metal Mate, and ALAMAN Gas Cylinders.

This report segments the global composite LPG cylinder market into:

Global Composite LPG Cylinder Market: Size Analysis

  • 0 to 5 Kg
  • 6 to 10 Kg
  • 11 Kg & Above

Global Composite LPG Cylinder Market: Product Analysis

  • Type III
  • Type IV

Global Composite LPG Cylinder Market: Application Analysis

  • Kitchen and Domestic Use
  • Transportation
  • Recreational Use
  • Others

Global Composite LPG Cylinder Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Composite LPG Cylinder Market, 2016-2025 (K Units) (USD Million)
    • 2.2. Composite LPG Cylinder Market: Snapshot
  •  
  • Chapter 3. Global Composite LPG Cylinder Market - Industry Analysis
  • 3.1. Introduction
  • 3.2. Industry ecosystem analysis
  • 3.3. Technology landscape
  • 3.4. Market Drivers
    • 3.4.1. North America
    • 3.4.2. Europe
    • 3.4.3. Asia Pacific
    • 3.4.4. Latin America
    • 3.4.5. MEA
  • 3.5. Opportunity
  • 3.6. Innovation & sustainability
  • 3.7. Porter's Five Forces Analysis
  • 3.8. PESTLE Analysis
  • 3.9. Global Composite LPG Cylinder Market: Market Attractiveness Analysis
    • 3.9.1. Market Attractiveness Analysis by Size
    • 3.9.2. Market Attractiveness Analysis by Product
    • 3.9.3. Market Attractiveness Analysis by Application
    • 3.9.4. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Composite LPG Cylinder Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
    • 4.3. Product Portfolio
  •  
  • Chapter 5. Global Composite LPG Cylinder Market - Size Analysis
    • 5.1. Global Composite LPG Cylinder Market Share, by Size, 2018 and 2025
    • 5.2. 0 to 5 Kg
      • 5.2.1. Global Composite LPG Cylinder Market by 0 to 5 Kg, 2016-2025 (K Units) (USD Million)
    • 5.3. 6 to 10 Kg
      • 5.3.1. Global Composite LPG Cylinder Market by 6 to 10 Kg, 2016-2025 (K Units) (USD Million)
    • 5.4. 11 Kg & Above
      • 5.4.1. Global Composite LPG Cylinder Marketby11 Kg & Above, 2016-2025 (K Units) (USD Million)
  •  
  • Chapter 6. Global Composite LPG Cylinder Market - Product Analysis
    • 6.1. Global Composite LPG Cylinder Market Share, by Product, 2018 and 2025
    • 6.2. Type III
      • 6.2.1. Global Composite LPG Cylinder Market by Type III, 2016-2025 (K Units) (USD Million)
    • 6.3. Type IV
      • 6.3.1. Global Composite LPG Cylinder Market by Type IV, 2016-2025 (K Units) (USD Million)
  •  
  • Chapter 7. Composite LPG Cylinder Market - Application Analysis
    • 7.1. Global Composite LPG Cylinder Market Share, by Application, 2018 and 2025
    • 7.2. Kitchen & Domestic Use
      • 7.2.1. Global Composite LPG Cylinder Market by Kitchen & Domestic Use, 2016-2025 (K Units) (USD Million)
    • 7.3. Transportation
      • 7.3.1. Global Composite LPG Cylinder Market by Transportation, 2016-2025 (K Units) (USD Million)
    • 7.4. Recreational Use
      • 7.4.1. Global Composite LPG Cylinder Market by Recreational Use, 2016-2025 (K Units) (USD Million)
    • 7.5. Others
      • 7.5.1. Global Composite LPG Cylinder Market by Other, 2016-2025 (K Units) (USD Million)
  •  
  • Chapter 8. Global Composite LPG Cylinder Market - Regional Analysis
    • 8.1. Global Composite LPG Cylinder Market Share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Composite LPG Cylinder Market, 2016-2025 (K Units) (USD Million)
      • 8.2.2. North America Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
      • 8.2.3. North America Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
      • 8.2.4. North America Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.2.5.2. The U.S. Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.2.5.3. The U.S. Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.2.6. Canada
        • 8.2.6.1. Canada Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.2.6.2. Canada Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.2.6.3. Canada Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Composite LPG Cylinder Market,2016-2025 (K Units) (USD Million)
      • 8.3.2. Europe Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
      • 8.3.3. Europe Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
      • 8.3.4. Europe Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. UK Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.3.5.2. UK Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.3.5.3. UK Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.3.6.2. France Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.3.6.3. France Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.3.7.2. Germany Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.3.7.3. Germany Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of Europe Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.3.8.2. Rest of Europe Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.3.8.3. Rest of Europe Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Composite LPG Cylinder Market, 2016-2025 (K Units) (USD Million)
      • 8.4.2. Asia Pacific Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
      • 8.4.3. Asia Pacific Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
      • 8.4.4. Asia Pacific Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.4.5.2. China Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.4.5.3. China Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.4.6.2. Japan Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.4.6.3. Japan Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.4.7.2. India Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.4.7.3. India Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Composite LPG Cylinder Market, 2016-2025 (K Units) (USD Million)
      • 8.5.2. Latin America Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
      • 8.5.3. Latin America Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
      • 8.5.4. Latin America Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.5.5.2. Brazil Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.5.5.3. Brazil Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
        • 8.5.6.2. Rest of Latin America Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
        • 8.5.6.3. Rest of Latin America Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Composite LPG Cylinder Market,2016-2025 (K Units) (USD Million)
      • 8.6.2. The Middle East and Africa Composite LPG Cylinder Market, by Size, 2016-2025 (K Units) (USD Million)
      • 8.6.3. The Middle East and Africa Composite LPG Cylinder Market, by Product, 2016-2025 (K Units) (USD Million)
      • 8.6.4. The Middle East and Africa Composite LPG Cylinder Market, by Application, 2016-2025 (K Units) (USD Million)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Hexagon Composites
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Aburi Composites
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Amtrol-Alfa
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Time Technoplast
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Metal Mate
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. ALAMAN Gas Cylinders
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments

Methodology

Free Analysis

Composite LPG cylinders are a remarkably better alternative to conventional steel cylinders. Composite LPG cylinders are manufactured by the standardly designed composition of helically woven fibers and resins. The characteristics that enable composite LPG cylinder to be a better alternative to standard LPG containers are 100% recyclability, superior UV resistance, translucence, lightweight, aesthetically pleasing, and most importantly explosion resistance. Furthermore, the characteristic of explosion prevention is the foremost factor for its consistently rising popularity and market growth. The translucence or semi-transparency is an effective way to check the glass level of the LPG cylinders. Composite LPG cylinders are rust and erosion proof.

The composite LPG cylinder market will witness significant growth in the years ahead, owing to these cylinders’ explosion aversion characteristic. The advanced fiberglass technology used for the manufacturing of composite LPG cylinders imparts the competitive advantage of explosion aversion. The lightweight and specially designed compact shape of these cylinders make their handling and transportation convenient and easy. Aesthetically attractive appearance is also a contributive factor to the composite LPG cylinder market, which leads to their preference over conventional heavy steel cylinders with inconvenient shape. Furthermore, the growing preference for LPG as a cooking fuel over conventional inefficient natural sources in developing economies is also projected to drive the composite LPG cylinder market globally.

Global Composite LPG Cylinder Market

The composite LPG cylinder market is fragmented on the basis of product, size, and application. By product, the composite LPG cylinder market includes type III and type IV cylinders. Type IV cylinders are estimated to dominate the global market with a higher CAGR over the forecast time period. In terms of size, the composite LPG cylinder market includes 0 to 5 kg, 6 to 10 kg, and 11 kg & above cylinders. By application, the market comprises kitchen and domestic use, recreational use, transportation, and others. The kitchen and domestic use segment held the largest share of the composite LPG cylinder market in 2018 globally. Moreover, this segment is projected to dominate the market in the future with the fastest CAGR, owing to the rapid shift of preference of domestic consumers from type I steel LPG cylinders to type IV composite LPG cylinders.

In 2018, Europe dominated the composite LPG cylinder market globally with the largest market share. Europe is also expected to sustain its dominance in the global composite LPG cylinder market due to the rising number of applications of composite LPG cylinders across the region.

Some major players of the global composite LPG cylinder market are Hexagon Composites, Aburi Composites, Amtrol-Alfa, Time Technoplast, Metal Mate, and ALAMAN Gas Cylinders.

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