Allied Market Research

LPG Cylinder Valve Market and Its Future Outlook During the Period of 2017 – 2023

LPG Cylinder Valve Market Size is Set to Grow at a Remarkable Pace in the Coming Years.


Portland, OR -- (SBWIRE) -- 07/18/2017 -- A valve is a mechanical device, which regulates flow as well as pressure within a system. The valves are essential parts of a piping system specifically designed to transport liquids, gases, and vapors. Moreover, valve is also employed to start or stop the flow, changing the direction of flow, preventing back flow of liquids, and controlling pressure in a system. Valves are of several types and designs, and are utilized for various industrial, commercial, and household applications. During recent years, the LPG cylinder industry is being employed among manufacturing as well as transportation sector such as in cars, owing to rise in environmental concerns and reduction in weight of cylinders.

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The rise in global demand for energy and growth of oil & gas industry, energy generation activities, and refining activities significantly boost the market growth. Moreover, increase in urbanization acts as an emerging factor for the growth of LPG cylinder valves market. In addition, major consumers of LPG such as the U.S., China, Saudi Arabia, Japan, and India majorly contribute to the market growth. Furthermore, innovations in technology leading to plant automation is another factor that augments the market demand. The growth of LPG cylinder valve market is dependent on ongoing investments in the manufacturing facilities coupled with innovation in technology in valve systems. Furthermore, governmental policies and regulations and increased demand from process industries also fuels the market growth.

The global LPG cylinder valve market is bifurcated based on type and geography. On the basis of type, it is segmented into safety valves, self-closing valves, forklift valves, prest-o-lite (pol) valves and quick-on valves, and others (handwheel valves and cut-off push & turn valves). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key market players in this sector include Mauria, Orson Holdings, Batra Valves, GCE Group, Bhiwadi Cylinders Pvt. Ltd, Cavagna Group S.p.A, Repkon, Rotarex, Kosan Creations, and Zhejiang Mingshi Xingxin HVAC technology Co., Ltd.

LPG Cylinder Valve Market Key Segments:
By Type
-Safety Valves
-Self-closing Valves
-Forklift Valves
-Prest-O-Lite (POL) Valves
-Quick-on Valves
-Others (Handwheel Valves, Cut-off Push & Turn Valves)

By Geography
-North America

Rest of Europe

Rest of Asia-Pacific

South Africa
Rest of LAMEA

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