Global Aluminum Cylinders Market Growth 2023-2029

Global Aluminum Cylinders Market Growth 2023-2029

A cylinder or tank is a pressure vessel for storage and containment of gases at above atmospheric pressure. High-pressure gas cylinders are also called bottles. Inside the cylinder the stored contents may be in a state of compressed gas, vapor over liquid, supercritical fluid, or dissolved in a substrate material, depending on the physical characteristics of the contents. A typical gas cylinder design is elongated, standing upright on a flattened bottom end, with the valve and fitting at the top for connecting to the receiving apparatus.
The Aluminum Cylinders industry can be broken down into several segments, < 20L, 20 - 50 L, etc.
Across the world, the major players cover Luxfer Gas Cylinders, Norris Cylinder, Catalina Cylinders, etc.
LPI (LP Information)' newest research report, the “Aluminum Cylinders Industry Forecast” looks at past sales and reviews total world Aluminum Cylinders sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminum Cylinders sales for 2023 through 2029. With Aluminum Cylinders sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminum Cylinders industry.
This Insight Report provides a comprehensive analysis of the global Aluminum Cylinders landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aluminum Cylinders portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminum Cylinders market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminum Cylinders and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminum Cylinders.
The global Aluminum Cylinders market size is projected to grow from US$ 2322.4 million in 2022 to US$ 4252.2 million in 2029; it is expected to grow at a CAGR of 4252.2 from 2023 to 2029.
Global aluminum cylinders main manufacturers include Worthington Industries, Luxfer Gas Cylinders, Metal Impact, Beijing TianhaiIndustry, Shenyang Gas Cylinder, Alumíniumárugyár Zrt, Catalina Cylinders, Norris Cylinder, Faber Industrie, Liaoning Alsafe Technology, Shanghai Qilong, Beijing SinoCleansky, etc., totally accounting for about 22%. Asia-Pacific is the largest market, with a share about 40%. As for the types of products, it can be divided into less than 20L, 20-50 L and more than 50 L. 20-50L is the largest segment, holding a share about 60%. In terms of application, it can be divided into general industry, chemical energy, food industry, medical industry and others. The most common application is in general industry, with a share over 42%.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Cylinders market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Less Than 20L
20 - 50 L
More Than 50 L
Segmentation by application
General Industry
Chemical Energy
Food Industry
Medical Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Worthington Industries
Luxfer Gas Cylinders
Metal Impact
Beijing TianhaiIndustry
Shenyang Gas Cylinder
Alumíniumárugyár Zrt
Catalina Cylinders
Norris Cylinder
Faber Industrie
Liaoning Alsafe Technology
Shanghai Qilong
Beijing SinoCleansky
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aluminum Cylinders market?
What factors are driving Aluminum Cylinders market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aluminum Cylinders market opportunities vary by end market size?
How does Aluminum Cylinders break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.