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Albany, NY -- (SBWIRE) -- 02/28/2019 -- The Gas Cylinders Market report includes an extensive analysis of key industry drivers, restraints, market trends, and market structure. The inductive Gas Cylinders market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the inductive Gas Cylinders market based on type, application and industry across different regions globally.
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A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis Global Gas Cylinders Market. The report analyses the Gas Cylinders Market By Material Type (Steel, Composite and Others), By Product Type (High Pressure, Low Pressure, Acetylene), By Application (Kitchen & Domestic, Processing Industries, Medical, Transportation and Others), By Region (North America, Europe, Asia Pacific, Rest of the World) and By Country (US, Mexico, Canada, UK, Germany, France, Russia, China, Japan, India, South Korea). The report assesses the Gas Cylinders Market for the actual period of 2013-2017 and the forecast period of 2018-2023.
The segment of Steel cylinders and High Pressure Cylinders witnessed growth at a noteworthy rate over the past few years and Composite cylinders are anticipated to experience notable growth in the forecast period due to increasing dominance of industries in developing economies and enhanced usage of gas cylinders for production and manufacturing activities. During 2018-23, Gas Cylinders Market is anticipated to grow at an appreciable rate due to surging investment by major industries and manufacturers in countries and innovating the products owing to increasing awareness regarding composite cylinders, escalating production of transport vehicles, expanding economy and increasing population across the world. Amongst the regions, Asia Pacific accounts for the largest regional share in the Global Gas Cylinders market in 2018. Key factors driving the robust growth rate in Asia Pacific region include developing economy and leading global industries establishing their manufacturing and production units in countries such as China, India, Japan, Singapore, Vietnam coupled with higher usage of cylinders for domestic purposes is boosting the market growth in the region.
Scope of the Report:
Global Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)
1. Gas Cylinders Market – Size, Growth, Forecast
2. Analysis By Material Type - Steel, Composite, Others
3. Analysis By Product Type - High Pressure, Low Pressure, Acetylene
4. Analysis By Application/End-Use - Kitchen & Domestic, Processing Industries, Medical, Transportation, Others
Regional Markets – North America, Europe, APAC, and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
1. Gas Cylinders Market – Size, Growth, Forecast
2. Analysis By Material Type - Steel, Composite, Others
3. Analysis By Product Type - High Pressure, Low Pressure, Acetylene
4. Analysis By Application/End-Use - Kitchen & Domestic, Processing Industries, Medical, Transportation, Others
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