Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global LNG Cylinders Market by Type (Capacity Below 300L, Capacity 300L-600L, Capacity Above 600L), By Application (Industrial Use, Daily Use, Car Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global LNG Cylinders Market by Type (Capacity Below 300L, Capacity 300L-600L, Capacity Above 600L), By Application (Industrial Use, Daily Use, Car Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 253538 4200 Machinery & Equipment 377 232 Pages 4.8 (41)

Market Overview:

The global LNG cylinders market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LNG as a fuel source for various applications, such as industrial use, daily use and car use. In terms of type, the market is segmented into capacity below 300L, capacity 300L-600L and capacity above 600L. Among these segments, the capacity below 300L segment is expected to witness highest growth during the forecast period. This can be attributed to increasing demand from developing countries for small-sized LNG cylinders for domestic applications such as cooking and heating purposes. In terms of application, the market is divided into industrial use, daily use and car use segments.

Global LNG Cylinders Industry Outlook

Product Definition:

LNG cylinders are containers that store liquefied natural gas. LNG is a fuel that is used to generate electricity and heat. It is also used in transportation, such as buses and trucks.

Capacity Below 300L:

Capacity below 300L is the largest size of liquid natural gas cylinder in a shipping container. It’s primary function is to store LNG from large regasification terminals for further transportation by ships, trains or trucks. These cylinders are manufactured with high-quality steel and aluminum alloys which can store gas at very high pressure and temperature conditions.

Capacity 300L-600L:

Capacity 300L-600L is a range of plastic containers with high wall thickness and excellent barrier properties. It offers resistance to solvents, acids, bases and most other chemical solutions. These containers are widely used for storage of LNG cylinders in liquefied gas terminal facilities across the globe.

Application Insights:

The global demand for LNG cylinders is expected to witness a growth of 5.2% from 2017 to 2018 on account of the increasing industrial use and daily use applications. The growing automotive sector across the globe is anticipated to propel the consumption of LNG in vehicles, thereby supporting market growth over the forecast period.

The industrial segment dominated with a volume share of 59% in 2016 and was followed by daily use at 40%. The growing manufacturing sectors across various regions are projected to drive both demand and supply for this fuel over the next eight years.

Regional Analysis:

Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 71.0% in 2017 owing to increasing demand from industrial as well as commercial sectors. China is projected to be one of the major consumers, which will drive industry growth over the next eight years.

North America emerged as a significant consumer with U.S., Canada, and Mexico being key contributing nations owing to high industrial output coupled with growing automotive production in North America region since 2014-15 when global prices were low; thereby driving up requirement for LNG cylinders across industries including manufacturing, automotive, power generation etc.; this trend is expected to continue over the forecast period (2018-2030).

Growth Factors:

  • Increasing demand for LNG as a fuel source for transportation and industrial applications
  • Growing popularity of LNG as a cleaner alternative to other fossil fuels
  • Proliferation of LNG infrastructure, including terminals and storage facilities
  • Rising global temperatures, which are increasing demand for air conditioning and refrigeration systems that use LNG as a cooling agent
  • Technological advancements that are making it easier to transport and store large quantities of liquefied natural gas

Scope Of The Report

Report Attributes

Report Details

Report Title

LNG Cylinders Market Research Report

By Type

Capacity Below 300L, Capacity 300L-600L, Capacity Above 600L

By Application

Industrial Use, Daily Use, Car Use

By Companies

Sinoma Science & Technology Co.,Ltd., Worthington Industries, Rama Cylinders, Faber Industrie, Ningbo Meike Acetylene Cylinders Co.,Ltd., Luxfer Group, Beijing Tianhai Industry Co., Ltd., Hebei Baigong Industrial Co.,Ltd., Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd., Everest Kanto Cylinders, Chart Industries

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global LNG Cylinders Market Report Segments:

The global LNG Cylinders market is segmented on the basis of:


Capacity Below 300L, Capacity 300L-600L, Capacity Above 600L

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.


Industrial Use, Daily Use, Car Use

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:

  1. Sinoma Science & Technology Co.,Ltd.
  2. Worthington Industries
  3. Rama Cylinders
  4. Faber Industrie
  5. Ningbo Meike Acetylene Cylinders Co.,Ltd.
  6. Luxfer Group
  7. Beijing Tianhai Industry Co., Ltd.
  8. Hebei Baigong Industrial Co.,Ltd.
  9. Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
  10. Everest Kanto Cylinders
  11. Chart Industries

Global LNG Cylinders Market Overview

Highlights of The LNG Cylinders Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Capacity Below 300L
    2. Capacity 300L-600L
    3. Capacity Above 600L
  1. By Application:

    1. Industrial Use
    2. Daily Use
    3. Car Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the LNG 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.

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Global LNG Cylinders Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

LNG cylinders are used to store natural gas.

Some of the major players in the lng cylinders market are Sinoma Science & Technology Co.,Ltd., Worthington Industries, Rama Cylinders, Faber Industrie, Ningbo Meike Acetylene Cylinders Co.,Ltd., Luxfer Group, Beijing Tianhai Industry Co., Ltd., Hebei Baigong Industrial Co.,Ltd., Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd., Everest Kanto Cylinders, Chart Industries.

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LNG 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 LNG Cylinders Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 LNG 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 LNG 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 LNG Cylinders Market Size & Forecast, 2018-2028       4.5.1 LNG Cylinders Market Size and Y-o-Y Growth       4.5.2 LNG Cylinders Market Absolute $ Opportunity

Chapter 5 Global LNG Cylinders 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 LNG Cylinders Market Size Forecast by Type
      5.2.1 Capacity Below 300L
      5.2.2 Capacity 300L-600L
      5.2.3 Capacity Above 600L
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global LNG Cylinders 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 LNG Cylinders Market Size Forecast by Applications
      6.2.1 Industrial Use
      6.2.2 Daily Use
      6.2.3 Car Use
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global LNG 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 LNG 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 LNG Cylinders Analysis and Forecast
   9.1 Introduction
   9.2 North America LNG Cylinders 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 LNG Cylinders Market Size Forecast by Type
      9.6.1 Capacity Below 300L
      9.6.2 Capacity 300L-600L
      9.6.3 Capacity Above 600L
   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 LNG Cylinders Market Size Forecast by Applications
      9.10.1 Industrial Use
      9.10.2 Daily Use
      9.10.3 Car Use
   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 LNG Cylinders Analysis and Forecast
   10.1 Introduction
   10.2 Europe LNG Cylinders 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 LNG Cylinders Market Size Forecast by Type
      10.6.1 Capacity Below 300L
      10.6.2 Capacity 300L-600L
      10.6.3 Capacity Above 600L
   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 LNG Cylinders Market Size Forecast by Applications
      10.10.1 Industrial Use
      10.10.2 Daily Use
      10.10.3 Car Use
   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 LNG Cylinders Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific LNG Cylinders 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 LNG Cylinders Market Size Forecast by Type
      11.6.1 Capacity Below 300L
      11.6.2 Capacity 300L-600L
      11.6.3 Capacity Above 600L
   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 LNG Cylinders Market Size Forecast by Applications
      11.10.1 Industrial Use
      11.10.2 Daily Use
      11.10.3 Car Use
   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 LNG Cylinders Analysis and Forecast
   12.1 Introduction
   12.2 Latin America LNG Cylinders 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 LNG Cylinders Market Size Forecast by Type
      12.6.1 Capacity Below 300L
      12.6.2 Capacity 300L-600L
      12.6.3 Capacity Above 600L
   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 LNG Cylinders Market Size Forecast by Applications
      12.10.1 Industrial Use
      12.10.2 Daily Use
      12.10.3 Car Use
   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) LNG Cylinders Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) LNG Cylinders 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) LNG Cylinders Market Size Forecast by Type
      13.6.1 Capacity Below 300L
      13.6.2 Capacity 300L-600L
      13.6.3 Capacity Above 600L
   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) LNG Cylinders Market Size Forecast by Applications
      13.10.1 Industrial Use
      13.10.2 Daily Use
      13.10.3 Car Use
   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 LNG Cylinders Market: Competitive Dashboard
   14.2 Global LNG Cylinders Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Sinoma Science & Technology Co.,Ltd.
      14.3.2 Worthington Industries
      14.3.3 Rama Cylinders
      14.3.4 Faber Industrie
      14.3.5 Ningbo Meike Acetylene Cylinders Co.,Ltd.
      14.3.6 Luxfer Group
      14.3.7 Beijing Tianhai Industry Co., Ltd.
      14.3.8 Hebei Baigong Industrial Co.,Ltd.
      14.3.9 Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
      14.3.10 Everest Kanto Cylinders
      14.3.11 Chart Industries

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