Global Composite Cylinders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Composite Cylinders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Composite Cylinder is a high pressure vessel that is made of a composite-polymer material and placed in a plastic body. The technology of manufacturing a modern composite cylinder is a very complex and high-tech process, so its cost is much higher than the cost of a metal analogue.

According to our (Global Info Research) latest study, the global Composite Cylinders market size was valued at US$ 693 million in 2023 and is forecast to a readjusted size of USD 875 million by 2030 with a CAGR of 3.4% during review period.

Europe is the largest Composite Cylinders market with about 48% market share. United States is follower, accounting for about 19% market share.The key manufacturers are Luxfer Gas Cylinder, Hexagon Composites, Sinoma, Aburi Composites, Faber Industrie, Worthington Cylinders, Dragerwerk, Santek, Time Technoplast, Rubis Caribbean, Ullit, Beijing Tianhai Industry etc. Top 3 companies occupied about 35% market share.

This report is a detailed and comprehensive analysis for global Composite Cylinders market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Composite Cylinders market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Composite Cylinders market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Composite Cylinders market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Composite Cylinders market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Composite Cylinders

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Composite Cylinders market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Luxfer Gas Cylinder, Hexagon Composites, Sinoma, Aburi Composites, Faber Industrie, Worthington Cylinders, Dragerwerk, Santek, Time Technoplast, Rubis Caribbean, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Composite Cylinders market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Glass Fiber Composites
Carbon Fiber Composites

Market segment by Application
Gas Carriers and Storage
Transportation
Life Support
Others

Major players covered
Luxfer Gas Cylinder
Hexagon Composites
Sinoma
Aburi Composites
Faber Industrie
Worthington Cylinders
Dragerwerk
Santek
Time Technoplast
Rubis Caribbean
Ullit
Beijing Tianhai Industry

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Composite Cylinders product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Composite Cylinders, with price, sales quantity, revenue, and global market share of Composite Cylinders from 2019 to 2024.

Chapter 3, the Composite Cylinders competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Composite Cylinders breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Composite Cylinders market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Composite Cylinders.

Chapter 14 and 15, to describe Composite Cylinders sales channel, distributors, customers, research findings and conclusion.