The LPG Cylinder market report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics. The LPG Cylinder market report thoroughly covers the market by product device, deployment, verticals and countries.
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About LPG Cylinder Industry
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 Worthington Industries, Huanri, Hebei Baigong, Sahamitr Pressure Container and Mauria Udyog. The C of LPG cylinder will increase to 78563 K Units in 2018 from 58354 K Units in 2013 with average growth rate of 6.13%.
Due to the regulations in Europe, the LPG cylinder industry is relative concentrated, the manufacture technology of steel cylinder is highly mature, while the market of composite cylinder is in fast growth, which has been taking a noticeable market share for more than ten years. In 2017, the market share of steel cylinder is 60.17%, while the share of composite cylinder increased to 34.97%. The key factors that triggered the prosperity of composite cylinder market are: it is fifty per cent lighter than conventional steel cylinders; it is nonexplosive, translucent, non-corrosive and environment friendly.
The worldwide market for LPG Cylinder is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the LPG Cylinder in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the LPG Cylinder market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this LPG Cylinder market are:–
- Worthington Industries
Gaz Liquid Industrie (GLI)
Luxfer Gas Cylinders
Sahamitr Pressure Container
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Important application areas of LPG Cylinder are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the LPG Cylinder market. The market study on Global LPG Cylinder Market 2018 report studies present as well as future aspects of the LPG Cylinder Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of LPG Cylinder Market are:
Kitchen and Domestic Use
Product Segment Analysis of the LPG Cylinder Market is:
LPG Steel Cylinders
LPG Composite Cylinders
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The scope of LPG Cylinder Market report:
— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa],
South America [Brazil, Argentina, Columbia, Chile, Peru])
— Industry chain analysis, raw material and end users information
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the LPG Cylinder market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
Why should you buy LPG Cylinder Market Report?
- Build business strategy by identifying the high growth and attractive LPG Cylinder market categories
- Develop competitive strategy based on competitive landscape
- Design capital investment strategies based on forecasted high potential segments
- Identify potential business partners, acquisition targets and business buyers
- Plan for a new product launch and inventory in advance
- Prepare management and strategic presentations using the market data
- Recent Events and Developments
In this study, the years considered to estimate the market size of LPG Cylinder Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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No Of Pages in LPG Cylinder Market Report: 137
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