Market Overview:
The global aluminum cylinders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for aluminum cylinders in various applications such as general industry, chemical energy, food industry, medical industry and others. Aluminum cylinders are extensively used in these industries owing to their properties such as corrosion resistance, lightweight and high strength-to-weight ratio. North America is expected to lead the global aluminum cylinders market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
An aluminum cylinder is a metal container that is used to store or transport gas, liquid, or other material. Aluminum cylinders are often used in the medical and industrial fields because of their light weight and corrosion resistance.
Less Than 20L:
20L is the minimum capacity for Aluminum Cylinders in packaging.
20 liters is the minimum capacity of an aluminum cylinder.
20 - 50 L:
20 - 50 L is a standard size for aluminum cylinders. Aluminum 20 - 50 L cylinder is widely used in the packaging industry owing to properties such as lightweight, high strength and corrosion resistance. Aluminum 20 - 50 L can also be easily recycled making it an eco-friendly option which makes it popular among consumers looking for environment friendly products.
Application Insights:
The general industry segment accounted for the largest volume share of over 40.0% in 2017. The application of aluminum cylinders is gaining traction as it offers several advantages, such as low weight and cost, corrosion resistance, high strength and durability. In addition, these products are easily available in the market and have a lower price compared to steel counterparts.
Regional Analysis:
Asia Pacific aluminum cylinders market is anticipated to grow at the highest CAGR over the forecast period. The growth of this region is mainly driven by China and India. In 2017, Asia Pacific accounted for a volume share of more than 45%. The dominance can be attributed to increasing production capacities in countries such as China, India, Thailand and Japan.
The demand for aluminum cylinders in Europe was valued at USD X billion in 2017 owing to high product utilization across various industries including food & beverage, chemical processing and others which are expected to drive the regional market over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as automotive and aerospace is expected to drive the growth of aluminum cylinders market over the forecast period.
- Rising popularity of lightweight and fuel-efficient vehicles is anticipated to propel the demand for aluminum cylinders in automotive industry.
- Growing investments in research and development activities for developing new applications of aluminum cylinders is projected to boost the growth of this market during the forecast period.
- Increasing awareness about benefits offered by aluminum cylinders, compared with traditional steel cylinders, is likely to favor the growth of this market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Cylinders Market Research Report
By Type
Less Than 20L, 20 - 50 L, More Than 50 L
By Application
General Industry, Chemical Energy, Food Industry, Medical Industry, Others
By Companies
Worthington Industries, Luxfer Gas Cylinders, Metal Impact, Beijing TianhaiIndustry, Shenyang Gas Cylinder, Alumíniumárugyár Zrt, Catalina Cylinders, Norris Cylinder, Faber Industrie, Liaoning Alsafe Technology, Worthington Industries, Beijing SinoCleansky
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Cylinders Market Report Segments:
The global Aluminum Cylinders market is segmented on the basis of:
Types
Less Than 20L, 20 - 50 L, More Than 50 L
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Industry, Chemical Energy, Food Industry, Medical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Worthington Industries
- Luxfer Gas Cylinders
- Metal Impact
- Beijing TianhaiIndustry
- Shenyang Gas Cylinder
- Alumíniumárugyár Zrt
- Catalina Cylinders
- Norris Cylinder
- Faber Industrie
- Liaoning Alsafe Technology
- Worthington Industries
- Beijing SinoCleansky
Highlights of The Aluminum Cylinders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less Than 20L
- 20 - 50 L
- More Than 50 L
- By Application:
- General Industry
- Chemical Energy
- Food Industry
- Medical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Cylinders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum cylinders are used to store compressed air, gas, or other gases.
Some of the major companies in the aluminum cylinders market are Worthington Industries, Luxfer Gas Cylinders, Metal Impact, Beijing TianhaiIndustry, Shenyang Gas Cylinder, Alumnium¡rugy¡r Zrt, Catalina Cylinders, Norris Cylinder, Faber Industrie, Liaoning Alsafe Technology, Worthington Industries, Beijing SinoCleansky.
The aluminum cylinders market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Cylinders Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Cylinders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Cylinders Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Cylinders Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Cylinders Market Size & Forecast, 2020-2028
4.5.1 Aluminum Cylinders Market Size and Y-o-Y Growth
4.5.2 Aluminum Cylinders Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Less Than 20L
5.2.2 20 - 50 L
5.2.3 More Than 50 L
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 General Industry
6.2.2 Chemical Energy
6.2.3 Food Industry
6.2.4 Medical Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Cylinders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Cylinders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Less Than 20L
9.6.2 20 - 50 L
9.6.3 More Than 50 L
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 General Industry
9.10.2 Chemical Energy
9.10.3 Food Industry
9.10.4 Medical Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Less Than 20L
10.6.2 20 - 50 L
10.6.3 More Than 50 L
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 General Industry
10.10.2 Chemical Energy
10.10.3 Food Industry
10.10.4 Medical Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Less Than 20L
11.6.2 20 - 50 L
11.6.3 More Than 50 L
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 General Industry
11.10.2 Chemical Energy
11.10.3 Food Industry
11.10.4 Medical Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Less Than 20L
12.6.2 20 - 50 L
12.6.3 More Than 50 L
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 General Industry
12.10.2 Chemical Energy
12.10.3 Food Industry
12.10.4 Medical Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Less Than 20L
13.6.2 20 - 50 L
13.6.3 More Than 50 L
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 General Industry
13.10.2 Chemical Energy
13.10.3 Food Industry
13.10.4 Medical Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Cylinders Market: Competitive Dashboard
14.2 Global Aluminum Cylinders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Worthington Industries
14.3.2 Luxfer Gas Cylinders
14.3.3 Metal Impact
14.3.4 Beijing TianhaiIndustry
14.3.5 Shenyang Gas Cylinder
14.3.6 Alumíniumárugyár Zrt
14.3.7 Catalina Cylinders
14.3.8 Norris Cylinder
14.3.9 Faber Industrie
14.3.10 Liaoning Alsafe Technology
14.3.11 Worthington Industries
14.3.12 Beijing SinoCleansky
