Wednesday, February 6, 2019

Global LPG Cylinder Strategic Analysis Review Report 2019-2024


MarketResearchNest.com adds “Global LPG Cylinder Market Growth 2019-2024”new report to its research database.
LPG Cylinder is a storage device that designed for the storing and transporting of liquefied petroleum gas.
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.
LPG cylinder industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world LPG cylinder industry. The main market players are Worthington Industries, Huanri, Hebei Baigong, Sahamitr Pressure Container and Mauria Udyog. The C of LPG cylinder will increase to 78563 K Units in 2018 from 58354 K Units in 2013 with average growth rate of 6.13%.
Due to the regulations in Europe, the LPG cylinder industry is relative 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. In 2017, the market share of steel cylinder is 60.17%, while the share of composite cylinder increased to 34.97%. The key factors that triggered the prosperity of composite cylinder market are: it is fifty per cent lighter than conventional steel cylinders; it is nonexplosive, translucent, non-corrosive and environment friendly.
According to this study, over the next five years the LPG Cylinder market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in LPG Cylinder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of LPG Cylinder market by product type, application, key manufacturers and key regions and countries.
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This study considers the LPG Cylinder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
·         LPG Steel Cylinders
·         LPG Composite Cylinders
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
·         Kitchen and Domestic Use
·         Automotive Use
·         Others
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa,Israel, Turkey, GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
·         Worthington Industries
·         Aygaz
·         Butagaz
·         EVAS
·         Hexagon Ragasco
·         Faber Industrie
·         Gaz Liquid Industrie (GLI)
·         TKOVICEÂ
·         Luxfer Gas Cylinders
·         Aburi Composites
·         Huanri
·         Hebei Baigong
·         Sahamitr Pressure Container
·         Mauria Udyog
·         Jiangsu Minsheng
·         Bhiwadi Cylinders
·         MetalMate
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
·         To study and analyze the global LPG Cylinder consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
·         To understand the structure of LPG Cylinder market by identifying its various subsegments.
·         Focuses on the key global LPG Cylinder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
·         To analyze the LPG Cylinder with respect to individual growth trends, future prospects, and their contribution to the total market.
·         To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
·         To project the consumption of LPG Cylinder submarkets, with respect to key regions (along with their respective key countries).
·         To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
·         To strategically profile the key players and comprehensively analyze their growth strategies.
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