Global Gas Cylinders Market - Analysis Covering Size, Share, Growth, Trends and Forecast till 2018 –

Published: Fri Dec 21 2018

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled "Global Gas Cylinders Market - Analysis Covering Size, Share, Growth, Trends and Forecast till 2018 - 2026". This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Gas Cylinders. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

To Get Sample Copy of Report, Click here @

Transportation of high value gases remains to be a critical operation that fuels the utility of safe and regulated gas cylinders. Advancements in technologies for compressing volatile as well as inert gases in cylinders has influenced the manufacturing of gas cylinders. New cylinder designs and enhanced safety provisions have optimised the handling and storing abilities of gas cylinders. Robust materials are being used to build gas cylinders that can sustain the mechanical abrasion of dropping, tipping over and undue exposure to heat. Gas cylinder manufacturers are remaining firmly focused upon building robust cylinders to meet the diverse safety precautions of toxic, flammable, corrosive, oxidising, and inert gases. Gas cylinders are being equipped with high-grade sealants to eliminate the risks of hazards associated with valve breaks or lethal projectiles that can cause cracks in the cylinder shells.

MRRSE forecast study foresees a substantial growth for the global gas cylinders market during the assessment period, 2017-2026. Over this period, it has been forecasted that the global gas cylinders market will register a robust expansion at an estimated 8% CAGR in terms of value. The report further projects that the global sales of gas cylinders will rake in more than US$ 11 Bn revenues by the end of 2026.

Considering the high stakes associated with bulk gas transportation, consumers and end-users are demanding for the safest gas cylinders that can provide maximum protection against the hazards of accidental gas leaks. Type I gas cylinders are recognised for their superior safety features, wherein their lightweight also contributes towards fuel-efficient gas transportation. Advanced fabrication employed in the production of type I gas cylinders give them a competitive advantage against other types of cylinders. Several gas cylinder manufacturers are adopting powder coating technologies to make type I gas cylinders extremely corrosion resistant. It has been estimated that through 2026, approximately 40% of the global market value will be arising from the revenues procured through sales of type I gas cylinders.

Browse Complete Report with TOC @

In 2017, more than US$ 2.8 Bn worth of gas cylinders sold worldwide were wrap less in nature. The demand for wrap less gas cylinders will continue to translate highest amount of revenues in the global market throughout the forecast period. However, the report observes a rapid growth in demand for gas cylinders wrapped with aramid fibres. Thermal stability of aramid fibres plays an instrumental role for wrapping the openings of gas cylinders. With high strength and low weight, the global demand for gas cylinders wrapped with aramid fibres is expected to register high revenue growth at a CAGR of 9% over the forecast period. Likewise, the report further reveals that carbon fibre wrapping of gas cylinders will translate fastest revenue growth and account for 20% of the overall market value by the end of 2026.

Storage capacity and the type of gas have a governing influence over the safety regulations developed for manufacturing of gas cylinders. On the basis of size, it is observed that sales of gas cylinders weighing 14kgs and 5kgs will register highest demand by collectively accounting for nearly one-third share of global market value by the end of the forecast period. In addition, gas cylinders are likely to be widely used for storing flammable gases. By the end of 2026, nearly US$ 3 Bn worth of gas cylinders sold in the global market will be storing flammable gases. Such statistics will continue to impose a remarkable influence on the global gas cylinder manufacturing landscape. Companies such as Luxfer Gas Cylinder, Hexagon Composites ASA, Quantum Technologies, Worthington Cylinders, Drägerwerk AG & Co. KGaA, Time Technoplast, Faber Industrie S.p.A., Beijing Tianhai Industry Co., Ullit, and Everest Kanto Cylinder Ltd., which are widely recognized as global leaders in gas cylinder manufacturing, will be firmly adhering to the global and regional standards of gas cylinder safety in 2018 and beyond.

Enquire about this Report @

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Contact Name: MRRSE
Contact Email:

Visit website »