Global Composite Cylinders Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

In this report, the Global Composite Cylinders market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Composite Cylinders market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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.

The global composite cylinders industry has a rather high concentration. The major manufacturers are concentrated in North America and Europe, such as Luxfer Gas Cylinder, Hexagon Composites, Aburi Composites, Faber Industrie and Worthington Cylinders. At present, Luxfer Gas Cylinder is the world leader, holding 17.76% revenue market share In 2018.

Market Analysis and Insights: Global Composite Cylinders Market

In 2019, the global Composite Cylinders market size was US$ 613.6 million and it is expected to reach US$ 782.7 million by the end of 2026, with a CAGR of 3.5% during 2021-2026.

Global Composite Cylinders Scope and Market Size

Composite Cylinders market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Composite Cylinders market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Composite Cylinders market is segmented into

Glass Fiber Composites

Carbon Fiber Composites

Segment by Application, the Composite Cylinders market is segmented into

Gas Carriers and Storage

Transportation

Life Support

Others

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Composite Cylinders Market Share Analysis

Composite Cylinders market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Composite Cylinders product introduction, recent developments, Composite Cylinders sales by region, type, application and by sales channel.

The major companies include:

Luxfer Gas Cylinder

Hexagon Composites

Sinoma

Aburi Composites

Faber Industrie

Worthington Cylinders

Dragerwerk

Santek

Time Technoplast

Rubis Caribbean

Ullit

Beijing Tianhai Industry

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