Global LPG Cylinder Market, 2012-2018 & 2023 Featuring Worthington Industries, Maurya Udyog Limited, Hexagon Composites, Sahamitr Pressure Container, and Time Technoplast
DUBLIN, Dec. 5, 2018 /PRNewswire/ --
The "Growth Opportunities in the LPG Cylinder Market" report has been added to ResearchAndMarkets.com's offering.
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The global LPG cylinder market is expected to reach an estimated $2.1 billion, and it is forecast to grow at a CAGR of 3.1% from 2018 to 2023.
The future of the global LPG cylinder market looks good with opportunities in household, automobile, leisure, and other outdoor applications. he major growth drivers for this market are increasing use of liquefied petroleum gas as a fuel source and lack of infrastructure for the transportation of piped natural gas (PNG).
Emerging trends, which have a direct impact on the dynamics of the LPG cylinder market, include increasing adoption of composite LPG cylinders and widening the size range of composite LPG cylinders to meet the needs of different consumers.
The report forecasts that metal LPG cylinder will remain the largest segment. Lower cost as compared to composite cylinders and low penetration of gas pipeline network in developing countries are likely to drive the demand for this segment over the forecast period. The composite cylinder segment is expected to witness the highest growth during the forecast period supported by lightweight, and its non-corrosive properties.
LPG cylinders are used in carrying gas for household will remain the largest segment and it is also expected to witness highest growth during the forecast period. Increasing use of liquefied petroleum gas as a fuel for cooking and unavailability of gas pipeline network are driving growth of this segment over the forecast period.
APAC is expected to remain the largest market and it is also expected to witness the highest growth over the forecast period due to LPG being the major source of cooking fuel in most of the countries and the lack of infrastructure for piped natural gas in this region.
Some of the LPG cylinders companies profiled in this report include Worthington Industries, Maurya Udyog Limited, Hexagon Composites, Sahamitr Pressure Container, and Time Technoplast.
Some of the features of LPG Cylinder Market Report: Trends, Forecast and Competitive Analysis Include:
-- Market size estimates: Global LPG cylinder market size estimation in
terms of value ($M) and volume (Million Units) shipment.
-- Trend and forecast analysis: Market trend (2012-2017) and forecast
(2018-2023) by application, and end use industry.
-- Segmentation analysis: Global LPG cylinder market size by various
applications such as cylinder, application, and material consumption in
terms of value and volume shipment.
-- Regional analysis: Global LPG cylinder market breakdown by North
America, Europe, Asia Pacific, and the Rest of the World.
-- Growth opportunities: Analysis on growth opportunities in different
applications and regions for LPG cylinder in the global LPG cylinder
market.
-- Strategic analysis: This includes M&A, new product development, and
competitive landscape for LPG cylinder in the global LPG cylinder
market.
-- Analysis of competitive intensity of the industry based on Porter's Five
Forces model.
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Markets Served
2.2.1: Automotive
2.2.2: Leisure and others
2.2.3: Households
2.3: Supply Chain
2.4: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2011 to 2022
3.1: Macroeconomic Trends and Forecast
3.2: Global LPG Cylinder Market Trends and Forecast
3.3: Global LPG Cylinder Market by Application
3.3.1: Household LPG Cylinder Market
3.3.2: Automobile LPG Cylinder Market
3.3.3: Leisure and Other LPG Cylinder Market
3.4: Global LPG Cylinder Market by Cylinder Type
3.4.1: Metal LPG Cylinders
3.4.2: Composite LPG Cylinders
3.5: Global LPG Cylinder Material Market
3.5.1: Glass Fiber Composites
3.5.2: Metal
3.5.3: Others
4. Market Trends and Forecast Analysis by Region
4.1: Global LPG Cylinder Market by Region
4.2: North American LPG Cylinder Market
4.3: European LPG Cylinder Market
4.4: APAC LPG Cylinder Market
4.5: ROW LPG Cylinder Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global LPG Cylinder Market by Application
6.1.2: Growth Opportunities for the Global LPG Cylinder Market by Cylinder Type
6.1.3: Growth Opportunities for the Global LPG Cylinder Market by Region
6.2: Emerging Trends in the Global LPG Cylinder Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers, Acquisitions, and Joint Ventures in the Global LPG Cylinder Market
6.3.3: Certification
7. Company Profiles of Leading Players
-- Hexagon Composites
-- Huanri Group
-- Mauria Udyog
-- Metal Mate
-- Sahamitr Pressure Container
-- Supreme Industries
-- Time Technoplast
-- Worthington Industries
For more information about this report visit https://www.researchandmarkets.com/research/bfdv7z/global_lpg?w=5
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