Global Composite Cylinders Market Growth 2025-2031

Global Composite Cylinders Market Growth 2025-2031

The global Composite Cylinders market size is predicted to grow from US$ 680 million in 2025 to US$ 842 million in 2031; it is expected to grow at a CAGR of 3.6% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Composite Cylinders Industry Forecast” looks at past sales and reviews total world Composite Cylinders sales in 2024, providing a comprehensive analysis by region and market sector of projected Composite Cylinders sales for 2025 through 2031. With Composite Cylinders sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Composite Cylinders industry.

This Insight Report provides a comprehensive analysis of the global Composite 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 Composite Cylinders portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Composite Cylinders market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Composite 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 Composite Cylinders.

This report presents a comprehensive overview, market shares, and growth opportunities of Composite Cylinders market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Glass Fiber Composites
Carbon Fiber Composites

Segmentation by Application:
Gas Carriers and Storage
Transportation
Life Support
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 analysing the company's coverage, product portfolio, its market penetration.
Luxfer Gas Cylinder
Hexagon Composites
Sinoma
Aburi Composites
Faber Industrie
Worthington Cylinders
Dragerwerk
Santek
Time Technoplast
Rubis Caribbean
Ullit
Beijing Tianhai Industry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Composite Cylinders market?

What factors are driving Composite Cylinders market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Composite Cylinders market opportunities vary by end market size?

How does Composite Cylinders break out by Type, by Application?