QYResearch (QYR) (www.qyresearch.com) has published a new report titled, ‘Composite LPG Cylinders Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2025’.

Los Angeles, CA -- (SBWire) -- 11/20/2018 --This study focuses on the production side and consumption side of Composite LPG Cylinders, presents the global Composite LPG Cylinders market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Composite LPG Cylinders capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Composite LPG Cylinders by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.Composite LPG Cylinderss have a huge variety of uses, most significantly domestic use. They are suitable for both indoor and outdoor use, including caravans, camping and barbecues. Moreover, they are employed across many different sectors such as boating, hot air balloons, construction, recreation, hospitality, agricultural, calefaction and fishing.

Composite 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.In the past several years, the global composite LPG cylinder market is relatively stable with a Compound Annual Growth Rate of 9.86%. In 2015, the global actual production of composte LPG cylinder is about 5840 K Units, with a total capacity of nearly 7800K Units.

Due to the regulations in Europe and North America, the composite LPG cylinder industry is relatively 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. However, in China, the composite LPG cylinder is not that popular,The composite LPG cylinder can be used in different fields, like home use and automotive, institutions & commercial applications, etc. Kitchen and domestic use is the largest application of composite LPG cylinder.

The two largest producers of LPG cylinder in the world are Hexagon Ragasco and Aburi Composites, which takes a combined share of 35.90% in 2015.Due to the superior performance of composite LPG cylinder, the steel LPG cylinder must be replaced by composite LPG cylinder gradually. And with the development of technology, there will be better materials to be developed. So the current material also has the danger of replacement.The Composite LPG Cylinders market was valued at 350 Million US$ in 2017 and is projected to reach 540 Million US$ by 2025, at a CAGR of 5.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Composite LPG Cylinders.

This report includes the following manufacturers; we can also add the other companies as you want.

Hexagon Ragasco

Aburi Composites

Time Tech

Santek

Rubis Caribbean

Supreme

Composite Scandinavia

Gavenplast

RAD SANE HIDAJ

Sundarban Industrial Complex

Kolos

Metal Mate

EVAS

Market Segment by Product Type

metal tank winding

composite material tank winding

Market Segment by Application

Kitchen and Domestic Use

Industries

Institutions & Commercial

Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/719010/global-composite-lpg-cylinders-industry-research-report-growth-trends-and-competitive-analysis

Market size split by Region

-North America
-Asia-Pacific
-Europe
-Central & South America
-Middle East & Africa

Benefits of Purchasing QY Research Report

- Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
-Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
- Inimitable Expertise: Analysts will provide deep insights about the reports
- Assured Quality: We focus on the quality and accuracy of the report

Buy Full market Report Now, Report delivery time within 24 hours @ https://www.qyresearch.com/settlement/pre/152b3aaaae853318e352fd7532a197ab,0,1,Global%20Composite%20LPG%20Cylinders%20Industry%20Research%20Report%252C%20Growth%20Trends%20and%20Competitive%20Analysis%202018-2025

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.