Gas carriers & storage is expected to remain the largest segment in the global composite cylinder market


Posted March 20, 2022 by Lucintel

Trends, opportunities and forecast in this market to 2025 by end use industry (gas carriers and storage, transportation, life support, recreation and others), tank type (Type II, Type III, Type IV)
 
Gas carriers & storage is expected to remain the largest segment in the
global composite cylinder market
An exciting new study from the team of Lucintel found that composite cylinder market is
expected to reach $0.8 billion by 2025 with a CAGR of 0.7%. There are significant
money making opportunities available in this market and companies planning to enter
this market need to differentiate in order to maximize their return on investment.
Download Brochure of this report by clicking on https://www.lucintel.com/growth-
opportunities-in-the-global-composite-cylinder.aspx
The composite cylinder market is segmented based on end use industry, tank type, and
region. In this market, gas carriers and storage is expected to remain the largest end
use type, and transportation segment is expected to remain the largest end use type.
Players can benefit from the available opportunities like higher acceptance level and
increasing use of lightweight cylinders.
The increase in green fleet and development of type V tanks are emerging trends
having impact on dynamics of the industry.
Luxfer Gas Cylinder, Hexagon Composites ASA, Quantum Technologies, Worthington
Cylinders, Time Technoplast, Faber Industries S.p.A., Beijing Tianhai Industry Co. are
some of the major players profiled in this 136 page report.
Request Sample Pages by clicking on
https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT1948
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for global
composite cylinder market by end use industry (gas carriers and storage, transportation,
life support, recreation and others), tank type (Type II, Type III, Type IV), composite

consumption by fiber type (Glass Fiber Composites, Carbon Fiber Composites and
Aramid Fiber Composites), and region (North America, Europe, and the Rest of the
World (ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the composite cylinder market?
Q.4 What are some changing demands of customers in the composite cylinder market?
Q.5 What are the new developments in the composite cylinder market? Which
companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business
growth?
Q.7 What are some of the competitive products and processes in this composite
cylinder area and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A activity has occurred in the last 5 years in this composite cylinder
market?
This unique 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]
About Lucintel
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.
Brandon Fitzgerald

Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Business Address Brandon Fitzgerald Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056 Cell: 303.775.0751
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Last Updated March 20, 2022