Synopsis
The global market for High-pressure LPG Cylinder was estimated to be worth US$ 2058 million in 2024 and is forecast to a readjusted size of US$ 2481 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on High-pressure LPG Cylinder cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
High-pressure LPG Cylinder is a storage device that designed for the storing and transporting of liquefied petroleum gas. High-pressure LPG cylinder has a huge variety of uses, most significantly domestic use. It is suitable for both indoor and outdoor use, including caravans, camping and barbecues. Moreover, it is employed across many different sectors such as transportation, hot air balloons, construction, recreation, hospitality, agricultural, calefaction and fishing.
The high-pressure LPG (Liquefied Petroleum Gas) cylinder market is witnessing steady growth, driven by increasing demand for clean and efficient energy solutions across residential, commercial, and industrial sectors. High-pressure LPG cylinders are designed to safely store and transport LPG at elevated pressures, making them ideal for applications such as cooking, heating, and power generation. The adoption of advanced manufacturing technologies and the use of lightweight, high-strength materials have improved the safety, portability, and durability of these cylinders.
As global energy consumption rises and environmental concerns push for cleaner alternatives to traditional fossil fuels, LPG is emerging as a preferred energy source due to its low carbon emissions and high energy efficiency. Governments and energy providers are also promoting the use of LPG as a sustainable energy option, contributing to the expansion of LPG distribution networks and infrastructure. Additionally, the demand for portable energy solutions in remote and off-grid locations further accelerates the need for high-pressure LPG cylinders.
The market is expected to grow significantly as innovations in cylinder design enhance safety and reduce transportation costs, making LPG a more accessible and environmentally friendly energy choice.
This report aims to provide a comprehensive presentation of the global market for High-pressure LPG Cylinder, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High-pressure LPG Cylinder by region & country, by Type, and by Application.
The High-pressure LPG Cylinder market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High-pressure LPG Cylinder.
Market Segmentation
By Company
Iljin Hysolus
Faurecia
Toyota
Hexagon
Faber
Luxfer
Quantum
Worthington
NPROXX
Zhangjiagang Furui Hydrogen Power Equipment
Opmobility
CTC
HENSOLDT
Avanco
Doosan Mobility Innovation
Beijing Tianhai
Sinoma Science & Technology
Everest Kanto Cylinder
The Japan Steel Works
VAKO
CIMC Enric
Iwatani
Steelhead Composites
Wefco Gainsborough
Segment by Type
Type I
Type II
Type III
Type IV
Segment by Application
Industrials
Automotive
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of High-pressure LPG Cylinder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of High-pressure LPG Cylinder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of High-pressure LPG Cylinder in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request