Opportunities in the LPG cylinder market have evolved through a number of stages i.e. from manufacturing of metal cylinders to fully recyclable type IV composite cylinder. Lucintel has found the future of this market to be promising; the LPG cylinder market is expected to reach $2.4 billion by 2025 with a CAGR of 2.6%. In this market, a metal LPG cylinder is the largest segment by cylinder type, whereas household is largest by application. Players can benefit from the available opportunities like LPG being the major source of cooking fuel in most of the countries and the lack of infrastructure for piped natural gas.
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Worthington Industries, Maurya Udyog Limited, Hexagon Composites, Sahamitr Pressure Container, and Time Technoplast are some of the companies profiled in this report.
Some of the features of this report:
- Market size estimates:LPG cylinder market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
- Segmentation analysis: LPG cylinder market size by various segments such as cylinder, application, and material consumption in terms of value and volume shipment.
- Regional analysis:LPG cylinder market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities:Analysis on growth opportunities in different applications and regions of LPG cylinder in the LPG cylinder market.
- Strategic analysis:This includes M&A, new product development, and competitive landscape of LPG cylinder in the LPG cylinder market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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