The global Industrial Gas Cylinder market was valued at 5188.56 Million USD in 2021 and will grow with a CAGR of 5.01% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Industrial gas cylinders refer to the reusable inflation under normal environment (-40 ~ 60 ℃), the nominal working pressure is 1.0 ~ 30MPa (gauge pressure), the nominal volume is 0.4 ~ 1 000 L containing permanent gas, liquefied gas or Mobile pressure vessel for dissolved gas. The report mainly counts industrial gas cylinders used for large enterprises such as oxygen, nitrogen, carbon dioxide, and industrial liquefied petroleum gas, and natural gas, while vehicle gas cylinders such as LNG gas cylinders and CNG gas cylinders are not included in the statistics.China has now become the largest producer of industrial gas cylinders. Not only can it meet the needs of the domestic market, but also a large number of industrial gas cylinders are exported to Europe and the United States, Southeast Asia and Central Africa every year. Industrial gas cylinders have good market prospects. Although the new coronary pneumonia in 2020 has had a certain negative impact on the market, the epidemic situation in China has improved, and many countries around the world have taken active prevention and control measures against the epidemic situation. The market will return to normal.

By Market Verdors:

Sinoma Technology Co., Ltd.

Worthington Industries

Rama Cylinders

Faber Industrie

Ningbo Meike Acetylene Bottle Co., Ltd.

Luxfer Group

Beijing Tianhai Industry Co., Ltd.

Hebei Baigong Industrial Co., Ltd.

Lianyungang Zhongfu Lianzhong Composite Materials Group Co., Ltd.

Everest KantoCylinders

Chart Industries

By Types:

Steel Industrial Gas Cylinder

Aluminum Industrial Gas Cylinder

Composite Industrial Cylinder

By Applications:

General Industry

Chemical Energy

Food Industry

Medical Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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