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Asia Pacific LPG Cylinder Market By Cylinder Type (Metal, Composite), By Size (0 to 5 Kg, 6 to 10 Kg, 11 Kg & Above), By Application (Residential/Consumer-use, Power & Utilities, Transport/Auto-fuel), By Country, Competition, Forecast & Opportunities, 2026

  • ID: 5022655
  • Report
  • May 2020
  • Region: Asia Pacific
  • 80 pages
  • TechSci Research
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The Asia-Pacific Lpg Cylinder Market is Expected to Grow at a CAGR of Around 5% During Forecast Period.

FEATURED COMPANIES

  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • MORE
The Asia-Pacific LPG Cylinder Market is expected to grow at a CAGR of around 5% during forecast period, on account of growing demand for liquefied natural gas as it is touted as an environment friendly alternative to coal, petrol and diesel. As a result, governments across various countries in the region are promoting its use over traditional fuels. Lack of infrastructure for distribution of LPG is the primary reason for the growing popularity of LPG cylinders. Most of the countries which have inadequate gas resources, prefer LPG cylinders over piped LPG, as LPG is first liquefied before transporting and then liquefied LPG is again converted to gaseous form, which increases the overall cost of the LPG to the country. As a result, countries prefer LPG cylinders over laying pipelines.

The Asia-Pacific LPG Cylinder Market can be segmented based on the cylinder type, size, country and application. In terms of cylinder type, the market can be bifurcated into composite and metal. The demand for composite LPG cylinder is anticipated to increase in the coming years as these cylinders are 100% recyclable and explosion resistant in comparison to conventional metal cylinders. Based on application, the market can be segregated into residential/consumer-use, power & utilities and transport/auto-fuel. Residential or consumer use is currently the dominant segment in the market and the trend is likely to continue over the next five years as well. This is due to the subsidy offered by the government on LPG cylinders.

Major companies operating in the Asia-Pacific LPG Cylinder Market recorded high sale volumes in the financial year 2018 and the trend is likely to continue during the forecast period.

Major players operating in the region include China Huanri Group Co. Ltd., Hebei baigong high-pressure vessel Co. Ltd., Mauria Udyog Ltd., Metal Mate Co. Ltd., Sahamitr Pressure Container Plc, Supreme Industries Ltd., Worthington Industries Inc., and Time Technoplast Ltd, and others.

Years considered for this report:
  • Historical Years: 2015-2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2021–2025
Objective of the Study:
  • To analyze and forecast the market size of the Asia-Pacific LPG Cylinder Market, in terms of value & volume.
  • To classify and forecast the Asia-Pacific LPG Cylinder Market based on cylinder type, size, application and country.
  • To identify drivers and challenges for the Asia-Pacific LPG Cylinder Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Asia-Pacific LPG Cylinder Market.
  • To conduct pricing analysis for the Asia-Pacific LPG Cylinder Market.
  • To identify and analyze the profile of leading players operating in Asia the Asia-Pacific LPG Cylinder Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of leading LPG cylinder manufacturers across the region. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the service offerings, distribution channels and presence of all major players operating in LPG cylinder market in Asia-Pacific.

The author calculated the market size of the Asia-Pacific LPG Cylinder Market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • LPG producers
  • LPG cylinder manufacturers, suppliers, distributors and other stakeholders
  • LPG end-user industries
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to LPG cylinder market
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as skid steer and compact track loader manufacturers, suppliers, distributors and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging the market opportunities.

Report Scope:
In this report, the Asia-Pacific LPG Cylinder Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Cylinder Type:
  • Metal
  • Composite
Market, By Size:
  • 0 to 5 Kg
  • 6 to 10 Kg
  • 11 Kg & Above
Market, By Application:
  • Residential/Consumer-use
  • Power & Utilities
  • Transport/Auto-fuel
Market, By Country:
  • India
  • China
  • Japan
  • Thailand
  • South Korea
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Asia-Pacific LPG Cylinder Market.

Available Customizations:
With the given market data, researchers offers customizations according to a company’s specific needs.

This report will be delivered within 3 business days and will include the latest impact analysis of COVID-19.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Mauria Udyog Ltd.
  • Metal Mate Co. Ltd.
  • Supreme Industries Ltd.
  • Time Technoplast Ltd.
  • MORE
1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Asia-Pacific LPG Cylinder Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Cylinder Type (Metal, Composite)
5.2.2. By Size (0 to 5 Kg, 6 to 10 Kg, 11 Kg & Above)
5.2.3. By Application (Residential/Consumer-use, Power & Utilities, Transport/Auto-fuel)
5.2.4. By Country
5.2.5. By Company
5.3. Market Attractive Index
5.4. India LPG Cylinder Market Outlook
5.4.1. Liquefied Petroleum Gas (LPG) Production in India
5.4.2. Market Size & Forecast
5.4.2.1. By Value & Volume
5.4.3. Market Share & Forecast (By Volume)
5.4.3.1. By Cylinder Type
5.4.3.2. By Size
5.4.3.3. By Application
5.5. Japan LPG Cylinder Market Outlook
5.5.1. Liquefied Petroleum Gas (LPG) Production in Japan
5.5.2. Market Size & Forecast
5.5.2.1. By Value & Volume
5.5.3. Market Share & Forecast (By Volume)
5.5.3.1. By Cylinder Type
5.5.3.2. By Size
5.5.3.3. By Application
5.6. China LPG Cylinder Market Outlook
5.6.1. Liquefied Petroleum Gas (LPG) Production in China
5.6.2. Market Size & Forecast (By Volume)
5.6.2.1. By Value & Volume
5.6.3. Market Share & Forecast
5.6.3.1. By Cylinder Type
5.6.3.2. By Size
5.6.3.3. By Application
5.7. Thailand LPG Cylinder Market Outlook
5.7.1. Liquefied Petroleum Gas (LPG) Production in Thailand
5.7.2. Market Size & Forecast
5.7.2.1. By Value & Volume
5.7.3. Market Share & Forecast (By Volume)
5.7.3.1. By Cylinder Type
5.7.3.2. By Size
5.7.3.3. By Application
5.8. South Korea LPG Cylinder Market Outlook
5.8.1. Liquefied Petroleum Gas (LPG) Production in South Korea
5.8.2. Market Size & Forecast
5.8.2.1. By Value & Volume
5.8.3. Market Share & Forecast (By Volume)
5.8.3.1. By Cylinder Type
5.8.3.2. By Size
5.8.3.3. By Application

6. Market Dynamics
6.1. Drivers
6.2. Challenges

7. Market Trends & Developments

8. Competitive Landscape
8.1. Competition Outlook
8.2. Company Profiles
8.2.1. China Huanri Group Co. Ltd.
8.2.2. Hebei baigong high-pressure vessel Co. Ltd.
8.2.3. Mauria Udyog Ltd.
8.2.4. Metal Mate Co. Ltd.
8.2.5. Sahamitr Pressure Container Plc
8.2.6. Supreme Industries Ltd.
8.2.7. Time Technoplast Ltd.
8.2.8. Worthington Industries Inc.

9. Strategic Recommendations

10. About Us & Disclaimer
Note: Product cover images may vary from those shown
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  • China Huanri Group Co. Ltd.
  • Hebei baigong high-pressure vessel Co. Ltd.
  • 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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