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Liquefied Petroleum Gas (LPG) Cylinder Market by Type and Geography - Global Forecast and Analysis 2019-2023 - Product Image

Liquefied Petroleum Gas (LPG) Cylinder Market by Type and Geography - Global Forecast and Analysis 2019-2023

  • ID: 4833918
  • Report
  • September 2019
  • Region: Global
  • 132 pages
  • TechNavio
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FEATURED COMPANIES

  • Aygaz AS
  • Hexagon Composites ASA
  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • MORE
Global Liquefied Petroleum Gas (LPG) Cylinder Market: About this market

The rising demand for LPG and the high cost of laying pipe networks for LPG distribution have increased the use of LPG cylinders, primarily in domestic applications. Sectors such as construction, transportation, recreation, hot air balloons, agriculture, hospitality, and calefaction are also using LPG cylinders significantly. The liquefied petroleum gas cylinder market analysis considers sales from the metal and composite type. Our analysis also considers the sales of liquefied petroleum gas cylinder in APAC, North America, Europe, South America, and MEA. In 2018, the metal segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the availability of government subsidies on metal LPG cylinders, rising disposables income, and the environmental-friendly attribute of these cylinders will significantly help the segment in maintaining its leading market position. Also, our global liquefied petroleum gas cylinder report has observed market growth factors such as increasing use of LPG in many applications, rising subsidies offered by governments to promote LPG use, and lack of infrastructure for distribution of piped natural gas. However, challenges such as availability of alternative fuels, risks associated with LPG cylinders, and re-use of scrapped cylinders may hamper the growth of the liquefied petroleum gas cylinder industry over the forecast period.

Global Liquefied Petroleum Gas Cylinder Market: Overview

Lack of infrastructure for transportation of piped natural gas

Although piped natural gas is convenient to use and cost low for end-users, the lack of infrastructure for the distribution of natural gas through the piped network will create a high demand for LPG cylinders. Governments are promoting the use of LPG cylinders over piped natural gas owing to factors such as high cost of laying natural gas distribution pipelines and the extensive maintenance requirement post-installation. Vendors are capitalizing on these factors and are increasingly offering metal and composite LPG cylinders. As a result, the global liquefied petroleum gas cylinder market will record a CAGR of almost 4% during 2019-2023.

The growing trend toward the use of greener fuels

The trending concept of sustainability has been paving the way to use greener fuels, such as LPG, for cooking purposes. LPG has minimal emissions, low carbon footprint, and high energy value. Moreover, governments across developing nations, such as India, Turkey, and Brazil, are providing subsidies to promote the use of LPG as a cooking fuel than traditional fuels (wood, coals, charcoal, and kerosene). Therefore, the trend is expected to have a positive impact on the overall liquefied petroleum gas cylinder market growth during the forecast period.

Competitive Landscape

With the presence of a few major players, the global liquefied petroleum gas cylinder market is concentrated. The robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of few leading vendors such as Aygaz AŞ, China Huanri Group Co. Ltd., Hebei baigong high-pressure vessel Co. Ltd., Hexagon Composites ASA, Mauria Udyog Ltd., Metal Mate Co. Ltd., Sahamitr Pressure Container Plc, Supreme Industries Ltd., Time Technoplast Ltd., and Worthington Industries Inc.

Also, the liquefied petroleum gas cylinder market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies in strategizing and leveraging on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aygaz AS
  • Hexagon Composites ASA
  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Metal - Market size and forecast 2018-2023
  • Composite - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aygaz AŞ
  • China Huanri Group Co. Ltd.
  • Hebei baigong high-pressure vessel Co. Ltd.
  • Hexagon Composites ASA
  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Sahamitr Pressure Container Plc
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • Worthington Industries Inc.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Vendors - Key product offerings
Exhibit 02: Global oil and gas storage and transportation market
Exhibit 03: Segments of global oil and gas storage and transportation market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Type - Market share 2018-2023 (%)
Exhibit 19: Comparison by type
Exhibit 20: Metal - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Metal - Year-over-year growth 2019-2023 (%)
Exhibit 22: Composite - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Composite - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by type
Exhibit 25: Customer landscape
Exhibit 26: Customer landscape analysis
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 31: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: North America - Year-over-year growth 2019-2023 (%)
Exhibit 33: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 35: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: South America - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Aygaz AŞ - Vendor overview
Exhibit 48: Aygaz AŞ - Business segments
Exhibit 49: Aygaz AŞ - Organizational developments
Exhibit 50: Aygaz AŞ - Geographic focus
Exhibit 51: Aygaz AŞ - Segment focus
Exhibit 52: Aygaz AŞ - Key offerings
Exhibit 53: China Huanri Group Co. Ltd. - Vendor overview
Exhibit 54: China Huanri Group Co. Ltd. - Product segments
Exhibit 55: China Huanri Group Co. Ltd. - Key offerings
Exhibit 56: Hebei baigong high-pressure vessel Co. Ltd. - Vendor overview
Exhibit 57: Hebei baigong high-pressure vessel Co. Ltd. - Product segments
Exhibit 58: Hebei baigong high-pressure vessel Co. Ltd. - Key offerings
Exhibit 59: Hexagon Composites ASA - Vendor overview
Exhibit 60: Hexagon Composites ASA - Business segments
Exhibit 61: Hexagon Composites ASA - Organizational developments
Exhibit 62: Hexagon Composites ASA - Geographic focus
Exhibit 63: Hexagon Composites ASA - Segment focus
Exhibit 64: Hexagon Composites ASA - Key offerings
Exhibit 65: Mauria Udyog Ltd. - Vendor overview
Exhibit 66: Mauria Udyog Ltd. - Business segments
Exhibit 67: Mauria Udyog Ltd. - Segment focus
Exhibit 68: Mauria Udyog Ltd. - Key offerings
Exhibit 69: Metal Mate Co. Ltd. - Vendor overview
Exhibit 70: Metal Mate Co. Ltd. - Product segments
Exhibit 71: Metal Mate Co. Ltd. - Key offerings
Exhibit 72: Sahamitr Pressure Container Plc - Vendor overview
Exhibit 73: Sahamitr Pressure Container Plc - Business segments
Exhibit 74: Sahamitr Pressure Container Plc - Segment focus
Exhibit 75: Sahamitr Pressure Container Plc - Key offerings
Exhibit 76: Supreme Industries Ltd. - Vendor overview
Exhibit 77: Supreme Industries Ltd. - Business segments
Exhibit 78: Supreme Industries Ltd. - Segment focus
Exhibit 79: Supreme Industries Ltd. - Key offerings
Exhibit 80: Time Technoplast Ltd. - Vendor overview
Exhibit 81: Time Technoplast Ltd. - Business segments
Exhibit 82: Time Technoplast Ltd. - Organizational developments
Exhibit 83: Time Technoplast Ltd. - Segment focus
Exhibit 84: Time Technoplast Ltd. - Key offerings
Exhibit 85: Worthington Industries Inc. - Vendor overview
Exhibit 86: Worthington Industries Inc. - Business segments
Exhibit 87: Worthington Industries Inc. - Organizational developments
Exhibit 88: Worthington Industries Inc. - Geographic focus
Exhibit 89: Worthington Industries Inc. - Segment focus
Exhibit 90: Worthington Industries Inc. - Key offerings
Exhibit 91: Validation techniques employed for market sizing
Exhibit 92: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aygaz AS
  • Hexagon Composites ASA
  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • MORE
The following companies are recognised as the key players in the global liquefied petroleum gas cylinder market: Aygaz AŞ, China Huanri Group Co. Ltd., Hebei baigong high-pressure vessel Co. Ltd., Hexagon Composites ASA, Mauria Udyog Ltd., Metal Mate Co. Ltd., Sahamitr Pressure Container Plc, Supreme Industries Ltd., Time Technoplast Ltd., and Worthington Industries Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing trend toward the use of greener fuel.”

According to the report, one of the major drivers for this market is the lack of infrastructure for transportation of piped natural gas.

Further, the report states that one of the major factors hindering the growth of this market is the availability of alternative fuel.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Aygaz AŞ
  • China Huanri Group Co. Ltd.
  • Hebei baigong high-pressure vessel Co. Ltd.
  • Hexagon Composites ASA
  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Sahamitr Pressure Container Plc
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • Worthington Industries Inc.
Note: Product cover images may vary from those shown
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