Composite LPG Cylinders Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Los Angeles, CA -- (SBWire) -- 02/03/2019 --Composite LPG Cylinderss have a huge variety of uses, most significantly domestic use. They are suitable for both indoor and outdoor use, including caravans, camping and barbecues. Moreover, they are employed across many different sectors such as boating, hot air balloons, construction, recreation, hospitality, agricultural, calefaction and fishing. Composite LPG cylinder has a huge variety of uses, most significantly domestic use. It is suitable for both indoor and outdoor use, including caravans, camping and barbecues.

Moreover, it is employed across many different sectors such as transportation, hot air balloons, construction, recreation, hospitality, agricultural, calefaction and fishing. In the past several years, the global composite LPG cylinder market is relatively stable with a Compound Annual Growth Rate of 9.86%. In 2015, the global actual production of composte LPG cylinder is about 5840 K Units, with a total capacity of nearly 7800K Units.

Due to the regulations in Europe and North America, the composite LPG cylinder industry is relatively concentrated, the manufacture technology of steel cylinder is highly mature, while the market of composite cylinder is in fast growth, which has been taking a noticeable market share for more than ten years. However, in China, the composite LPG cylinder is not that popular. The composite LPG cylinder can be used in different fields, like home use and automotive, institutions & commercial applications, etc. Kitchen and domestic use is the largest application of composite LPG cylinder.

The two largest producers of LPG cylinder in the world are Hexagon Ragasco and Aburi Composites, which takes a combined share of 35.90% in 2015. Due to the superior performance of composite LPG cylinder, the steel LPG cylinder must be replaced by composite LPG cylinder gradually. And with the development of technology, there will be better materials to be developed. So the current material also has the danger of replacement. The global Composite LPG Cylinders market is valued at 350 million US$ in 2018 is expected to reach 540 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2019-2025.

This report focuses on Composite LPG Cylinders volume and value at global level, regional level and company level. From a global perspective, this report represents overall Composite LPG Cylinders market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Hexagon Ragasco

Aburi Composites

Time Tech

Santek

Rubis Caribbean

Supreme

Composite Scandinavia

Gavenplast

RAD SANE HIDAJ

Metal Mate

Segment by Regions

North America

Europe

China

Japan

Segment by Type

metal tank winding

composite material tank winding

Segment by Application

Kitchen and Domestic Use

Industries

Institutions & Commercial

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