Report overview
Composite Cylinder is a high pressure vessel that is made of a composite-polymer material and placed in a plastic body. The technology of manufacturing a modern composite cylinder is a very complex and high-tech process, so its cost is much higher than the cost of a metal analogue.
This report aims to provide a comprehensive presentation of the global market for Composite Cylinders, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Cylinders. This report contains market size and forecasts of Composite Cylinders in global, including the following market information:
Global Composite Cylinders Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Composite Cylinders Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Composite Cylinders companies in 2022 (%)
The global Composite Cylinders market was valued at US$ 667.8 million in 2022 and is projected to reach US$ 841 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Europe is the largest Composite Cylinders market with about 48% market share. United States is follower, accounting for about 19% market share.The key manufacturers are Luxfer Gas Cylinder, Hexagon Composites, Sinoma, Aburi Composites, Faber Industrie, Worthington Cylinders, Dragerwerk, Santek, Time Technoplast, Rubis Caribbean, Ullit, Beijing Tianhai Industry etc. Top 3 companies occupied about 35% market share.
We surveyed the Composite Cylinders manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Composite Cylinders Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Composite Cylinders Market Segment Percentages, by Type, 2022 (%)
Glass Fiber Composites
Carbon Fiber Composites
Global Composite Cylinders Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Composite Cylinders Market Segment Percentages, by Application, 2022 (%)
Gas Carriers and Storage
Transportation
Life Support
Others
Global Composite Cylinders Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Composite Cylinders Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Composite Cylinders revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Composite Cylinders revenues share in global market, 2022 (%)
Key companies Composite Cylinders sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Composite Cylinders sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Luxfer Gas Cylinder
Hexagon Composites
Sinoma
Aburi Composites
Faber Industrie
Worthington Cylinders
Dragerwerk
Santek
Time Technoplast
Rubis Caribbean
Ullit
Beijing Tianhai Industry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Composite Cylinders, market overview.
Chapter 2: Global Composite Cylinders market size in revenue and volume.
Chapter 3: Detailed analysis of Composite Cylinders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Composite Cylinders in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Composite Cylinders capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.