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Thursday, July 1, 2021

High-Pressure Gas Cylinder Market is expected to reach $2.3 billion by 2025- An exclusive market research report by Lucintel

Lucintel's latest market report analyzed that high-pressure gas cylinder provides attractive opportunities in transportation, industrial gas and storage, and life support industries. The high-pressure gas cylinder market is expected to reach $2.3 billion by 2025 with a CAGR of 3.8%. In this market, high-pressure cylinder is the largest segment by material, whereas transportation is largest by end use industry. The development of composites fully wrapped high-pressure cylinder with no liner provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/high-pressure-gas-cylinder-market.aspx

Based on material, the high-pressure gas cylinder market is segmented into steel, composites, and aluminum. The steel segment accounted for the largest share of the market in 2020 due to their low cost and composites is expected to register the highest CAGR during the forecast period due to increase in natural gas vehicles and growth of CNG gas in transportation market, such as transportation, recreational, and healthcare industries.

Browse in-depth TOC on “High-Pressure Gas Cylinder Market”

53 – Tables

88 – Figures

150 – Pages

The High-Pressure Gas Cylinder Market is marked by the presence of several big and small players. Some of the prominent players offering high-pressure gas cylinder include Faber Industries, Luxfer Gas Cylinders, BTIC, Worthington Industries, Sinoma Science & Technology, NK Co. Ltd. (Korea), Norris Cylinder, and Everest Kanto Cylinder Ltd.

Request Sample Report:

https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT9733  

This unique research report 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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