Market Overview:
The global specialty gas cylinder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for specialty gases in various industries such as food, medical, chemical and others. In terms of type, the aluminum cylinders segment is expected to lead the global specialty gas cylinder market during the forecast period. This can be attributed to their high strength-to-weight ratio and corrosion resistance properties.
Product Definition:
A specialty gas cylinder is a container that holds a specific type of gas. These cylinders are often used in laboratories and other scientific settings. The gases can be used for a variety of purposes, including experiments and manufacturing processes.
Aluminum Cylinders:
Aluminum cylinders are used to store gases such as oxygen, nitrogen and hydrogen. They are widely utilized in the healthcare sector for supplying anesthetic gas during surgeries. Aluminum is a highly malleable metal that can be easily molded into any shape by skilled artisans, which makes it an ideal material for manufacturing cylinders of various sizes and specifications.
Composite Cylinders:
Composite cylinders are manufactured using a combination of materials such as glass, ceramic and plastic. These composite cylinders offer superior strength to weight ratio which makes them ideal for applications where high performance is required at an economical price. The material used in the manufacturing process plays a vital role in determining the properties of composites including corrosion resistance, thermal expansion and contraction, stiffness, hardness and density among others.
Application Insights:
The chemical industry accounted for the largest revenue share in 2015 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for specialty gas in various applications, including power generation, oil & gas sector, pulp & paper industry as well as metalworking.
Medical application is expected to witness significant growth over the forecast period owing to rising use of aluminum cylinders in medical gases such as nitrogen and carbon dioxide. Composite cylinders are also used extensively for transportation of these gases which reduces weight and increases fuel efficiency at a cost lesser rate than that of aluminum counterparts.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising demand for specialty gas cylinders in various industries, such as food & beverage, medical, chemical manufacturing. In addition, growing infrastructure activities are likely to drive product demand in Asia Pacific region over the next eight years.
Europe was estimated as the second-largest regional market in 2017 owing to high production of aluminum and steel products that require large quantities of gas cylinders for transportation purposes across countries within this region. North America accounted for a significant share due to high usage of specialty gases across end-use industries such as metal processing and oil & gas industry for drilling operations coupled with their wide application scope offered by different manufacturers within this region is anticipated to boost product sales over the forecast period.
Growth Factors:
- Increasing demand for specialty gases in various end-use industries such as medical, electronics, and research & development
- Growing popularity of gas chromatography and other analytical techniques that require specialty gases
- Proliferation of new applications for specialty gases in areas such as environmental monitoring and food safety
- Technological advancements that have led to the development of more efficient and compact cylinders
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Gas Cylinder Market Research Report
By Type
Aluminum Cylinders, Composite Cylinders, Other
By Application
Food Industry, Medical Industry, Chemical Industry, Other
By Companies
Air Liquide USA, Worthington Industries, Gelest Inc., Praxair, Norris Cylinder Company, Catalina Cylinders, Norris Cylinder, Worthington, MNKgases, Cyl-Tec, ECS, JAI MARUTI GAS, BOC(Linde), Tianhai, Henan Shenghui, Henan Saite, Ningbo Meike, Luxfer Gas Cylinders, ECKART GmbH
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Gas Cylinder Market Report Segments:
The global Specialty Gas Cylinder market is segmented on the basis of:
Types
Aluminum Cylinders, Composite Cylinders, Other
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
Food Industry, Medical Industry, Chemical Industry, Other
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:
- Air Liquide USA
- Worthington Industries
- Gelest Inc.
- Praxair
- Norris Cylinder Company
- Catalina Cylinders
- Norris Cylinder
- Worthington
- MNKgases
- Cyl-Tec
- ECS
- JAI MARUTI GAS
- BOC(Linde)
- Tianhai
- Henan Shenghui
- Henan Saite
- Ningbo Meike
- Luxfer Gas Cylinders
- ECKART GmbH
Highlights of The Specialty Gas Cylinder 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:
- Aluminum Cylinders
- Composite Cylinders
- Other
- By Application:
- Food Industry
- Medical Industry
- Chemical Industry
- Other
- 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 Specialty Gas Cylinder 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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- Correctly Positioning New Products
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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?
A specialty gas cylinder is a cylindrical container that stores compressed gas, such as natural gas or propane. These cylinders are typically used in the home for cooking and heating, and can be filled at local convenience stores.
Some of the major companies in the specialty gas cylinder market are Air Liquide USA, Worthington Industries, Gelest Inc., Praxair, Norris Cylinder Company, Catalina Cylinders, Norris Cylinder, Worthington, MNKgases, Cyl-Tec, ECS, JAI MARUTI GAS, BOC(Linde), Tianhai, Henan Shenghui, Henan Saite, Ningbo Meike, Luxfer Gas Cylinders, ECKART GmbH.
The specialty gas cylinder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Gas Cylinder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Specialty Gas Cylinder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Specialty Gas Cylinder Market - Supply Chain
4.5. Global Specialty Gas Cylinder Market Forecast
4.5.1. Specialty Gas Cylinder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Specialty Gas Cylinder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Specialty Gas Cylinder Market Absolute $ Opportunity
5. Global Specialty Gas Cylinder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Specialty Gas Cylinder Market Size and Volume Forecast by Type
5.3.1. Aluminum Cylinders
5.3.2. Composite Cylinders
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Specialty Gas Cylinder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Specialty Gas Cylinder Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Medical Industry
6.3.3. Chemical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Specialty Gas Cylinder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Specialty Gas Cylinder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Specialty Gas Cylinder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Specialty Gas Cylinder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Specialty Gas Cylinder Demand Share Forecast, 2019-2026
9. North America Specialty Gas Cylinder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Specialty Gas Cylinder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Specialty Gas Cylinder Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Medical Industry
9.4.3. Chemical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Specialty Gas Cylinder Market Size and Volume Forecast by Type
9.7.1. Aluminum Cylinders
9.7.2. Composite Cylinders
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Specialty Gas Cylinder Demand Share Forecast, 2019-2026
10. Latin America Specialty Gas Cylinder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Specialty Gas Cylinder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Specialty Gas Cylinder Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Medical Industry
10.4.3. Chemical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Specialty Gas Cylinder Market Size and Volume Forecast by Type
10.7.1. Aluminum Cylinders
10.7.2. Composite Cylinders
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Specialty Gas Cylinder Demand Share Forecast, 2019-2026
11. Europe Specialty Gas Cylinder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Specialty Gas Cylinder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Specialty Gas Cylinder Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Medical Industry
11.4.3. Chemical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Specialty Gas Cylinder Market Size and Volume Forecast by Type
11.7.1. Aluminum Cylinders
11.7.2. Composite Cylinders
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis b Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Specialty Gas Cylinder Demand Share, 2019-2026
12. Asia Pacific Specialty Gas Cylinder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Specialty Gas Cylinder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Specialty Gas Cylinder Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Medical Industry
12.4.3. Chemical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Specialty Gas Cylinder Market Size and Volume Forecast by Type
12.7.1. Aluminum Cylinders
12.7.2. Composite Cylinders
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Specialty Gas Cylinder Demand Share, 2019-2026
13. Middle East & Africa Specialty Gas Cylinder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Specialty Gas Cylinder Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Specialty Gas Cylinder Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Medical Industry
13.4.3. Chemical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Specialty Gas Cylinder Market Size and Volume Forecast by Type
13.7.1. Aluminum Cylinders
13.7.2. Composite Cylinders
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Specialty Gas Cylinder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Specialty Gas Cylinder Market: Market Share Analysis
14.2. Specialty Gas Cylinder Distributors and Customers
14.3. Specialty Gas Cylinder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Air Liquide USA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Worthington Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gelest Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Praxair
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Norris Cylinder Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Catalina Cylinders
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Norris Cylinder
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Worthington
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MNKgases
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cyl-Tec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ECS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JAI MARUTI GAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BOC(Linde)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tianhai
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Henan Shenghui
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Henan Saite
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ningbo Meike
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Luxfer Gas Cylinders
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. ECKART GmbH
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
