Composite Cylinder Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the composite cylinder market have evolved through a number of stages i.e. from first use of composite cylinders to development of second generation type 4 composite cylinders and increase penetration of cylinder in new application. Lucintel has found the future of this market to be promising; the composite cylinder market is expected to reach $0.8 billion by 2025 with a CAGR of 0.7%. 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.

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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 companies profiled in this report.

Some of the features of this report:

• Market size estimates:Composite 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: Composite cylinder market size by various applications such as end use industry, tank, and composite consumption in terms of value and volume shipment.
• Regional analysis:Composite 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 composite cylinder in the composite cylinder market.
• Strategic analysis:This includes M&A, new product development, and competitive landscape of composite cylinder in the composite 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 helpdesk@lucintel.com

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: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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Tel. 972.636.5056
Cell: 303.775.0751