| Product Code: ETC13275752 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Gas Cylinder Market was valued at USD 4.9 Billion in 2024 and is expected to reach USD 7.1 Billion by 2031, growing at a compound annual growth rate of 5.80% during the forecast period (2025-2031).
The global gas cylinder market is experiencing steady growth driven by increasing demand from various industries such as healthcare, manufacturing, energy, and transportation. The market is also influenced by the rising adoption of clean energy sources and the expansion of the chemical and petrochemical sectors. Factors such as the growing use of liquefied natural gas (LNG) and compressed natural gas (CNG) for transportation and the need for efficient storage and transportation of industrial gases are further propelling market growth. Additionally, advancements in technology, such as lightweight composite cylinders and smart gas cylinders with IoT capabilities, are expected to drive innovation and create new opportunities in the market. However, regulatory challenges and safety concerns regarding gas cylinder handling and transportation could pose challenges to market growth in the coming years.
The Global Gas Cylinder Market is experiencing growth opportunities driven by increasing demand from various end-use industries such as healthcare, automotive, and manufacturing. The market is witnessing a trend towards lightweight and portable gas cylinders to improve mobility and convenience for users. Additionally, the growing adoption of alternative fuel sources and the increasing focus on sustainable practices are driving the demand for gas cylinders for storage and transportation of gases. Technological advancements such as smart gas cylinders with tracking capabilities are also gaining popularity in the market. Overall, the Global Gas Cylinder Market is expected to continue expanding with opportunities for innovation and product development to meet the evolving needs of diverse industries.
The Global Gas Cylinder Market faces several challenges, including regulatory hurdles and safety concerns related to the transportation and handling of gas cylinders. Compliance with stringent safety standards and regulations adds complexity and cost to the manufacturing and distribution processes. Moreover, fluctuations in raw material prices, such as steel and aluminum, impact the overall production costs in the market. Additionally, the increasing demand for lightweight and portable gas cylinders to cater to various end-user industries presents a challenge in terms of material selection and design innovation. Market fragmentation and the presence of numerous regional players further intensify competition, leading to pricing pressures and margin constraints for gas cylinder manufacturers. Overall, navigating these challenges while ensuring product quality, safety, and compliance remains crucial for sustained growth in the Global Gas Cylinder Market.
The Global Gas Cylinder Market is primarily driven by the increasing demand for industrial gases across various industries such as healthcare, food and beverage, manufacturing, and automotive. The rising need for efficient storage and transportation of gases, coupled with the expanding healthcare sector and growing adoption of clean energy sources, is fueling the market growth. Additionally, stringent regulations regarding worker safety and environmental concerns are driving the demand for high-quality gas cylinders with advanced safety features. The market is also influenced by technological advancements in cylinder materials and designs, enhancing durability, portability, and customization options for end-users. Overall, the growing industrialization, urbanization, and infrastructure development activities worldwide are key factors driving the Global Gas Cylinder Market.
Government policies related to the Global Gas Cylinder Market vary by country but generally focus on safety regulations, environmental standards, and trade tariffs. Many countries have stringent guidelines for the manufacturing, handling, and transportation of gas cylinders to ensure public safety. Additionally, there is a growing emphasis on reducing carbon emissions, leading to increased regulations on the use of certain gases and promoting the adoption of eco-friendly alternatives. Trade tariffs and import/export regulations also play a significant role in shaping the global gas cylinder market, with governments imposing duties to protect domestic industries or promote fair competition. Overall, government policies in the Global Gas Cylinder Market aim to balance safety, environmental concerns, and economic interests while fostering innovation and market growth.
The Global Gas Cylinder Market is expected to witness steady growth in the coming years, fueled by increasing demand from various end-use industries such as healthcare, manufacturing, and energy. The market is projected to benefit from the growing adoption of gas cylinders for storage and transportation of gases across different applications. Factors such as industrialization, urbanization, and the expansion of the healthcare sector in emerging economies are likely to drive market growth. Additionally, advancements in gas cylinder technology, such as lightweight materials and enhanced safety features, are anticipated to further boost market expansion. However, challenges related to stringent regulations, safety concerns, and environmental impacts may pose some constraints to market growth. Overall, the Global Gas Cylinder Market is poised for growth, driven by diverse industry demands and technological innovations.
In the Global Gas Cylinder Market, Asia is expected to witness significant growth due to expanding industrial activities and increasing demand for healthcare and food services. North America is projected to display steady growth driven by the rising adoption of gas cylinders in the medical and aerospace industries. Europe is likely to show moderate growth supported by the presence of key manufacturers and stringent safety regulations. The Middle East and Africa region is anticipated to experience a surge in demand for gas cylinders attributed to infrastructure development and industrial projects. Latin America is poised for steady growth due to the expanding automotive and construction sectors driving the need for gas storage solutions. Overall, the global gas cylinder market is expected to witness continued growth across all regions due to the increasing applications across various industries.
Global Gas Cylinder Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Gas Cylinder Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Gas Cylinder Market Revenues & Volume, 2021 & 2031F |
3.3 Global Gas Cylinder Market - Industry Life Cycle |
3.4 Global Gas Cylinder Market - Porter's Five Forces |
3.5 Global Gas Cylinder Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Gas Cylinder Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Global Gas Cylinder Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.8 Global Gas Cylinder Market Revenues & Volume Share, By Wraps, 2021 & 2031F |
3.9 Global Gas Cylinder Market Revenues & Volume Share, By Gas, 2021 & 2031F |
3.10 Global Gas Cylinder Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Gas Cylinder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Gas Cylinder Market Trends |
6 Global Gas Cylinder Market, 2021 - 2031 |
6.1 Global Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Gas Cylinder Market, Revenues & Volume, By Steel, 2021 - 2031 |
6.1.3 Global Gas Cylinder Market, Revenues & Volume, By Composite, 2021 - 2031 |
6.1.4 Global Gas Cylinder Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Gas Cylinder Market, Revenues & Volume, By High Pressure, 2021 - 2031 |
6.2.3 Global Gas Cylinder Market, Revenues & Volume, By Low Pressure, 2021 - 2031 |
6.2.4 Global Gas Cylinder Market, Revenues & Volume, By Acetylene, 2021 - 2031 |
6.3 Global Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Gas Cylinder Market, Revenues & Volume, By Wrap Less, 2021 - 2031 |
6.3.3 Global Gas Cylinder Market, Revenues & Volume, By Glass Fiber, 2021 - 2031 |
6.3.4 Global Gas Cylinder Market, Revenues & Volume, By Aramid Fiber, 2021 - 2031 |
6.3.5 Global Gas Cylinder Market, Revenues & Volume, By Carbon Fiber, 2021 - 2031 |
6.3.6 Global Gas Cylinder Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Gas Cylinder Market, Revenues & Volume, By Flammable Gases, 2021 - 2031 |
6.4.3 Global Gas Cylinder Market, Revenues & Volume, By Inert Gases, 2021 - 2031 |
6.4.4 Global Gas Cylinder Market, Revenues & Volume, By Toxic Gases, 2021 - 2031 |
6.4.5 Global Gas Cylinder Market, Revenues & Volume, By Pyrophoric Gases, 2021 - 2031 |
6.4.6 Global Gas Cylinder Market, Revenues & Volume, By Oxidizers, 2021 - 2031 |
6.4.7 Global Gas Cylinder Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Gas Cylinder Market, Revenues & Volume, By Processing Industries, 2021 - 2031 |
6.5.3 Global Gas Cylinder Market, Revenues & Volume, By Transportation, 2021 - 2031 |
6.5.4 Global Gas Cylinder Market, Revenues & Volume, By Kitchen And Domestic, 2021 - 2031 |
6.5.5 Global Gas Cylinder Market, Revenues & Volume, By Medicals, 2021 - 2031 |
6.5.6 Global Gas Cylinder Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Gas Cylinder Market, Overview & Analysis |
7.1 North America Gas Cylinder Market Revenues & Volume, 2021 - 2031 |
7.2 North America Gas Cylinder Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
7.4 North America Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
7.5 North America Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
7.6 North America Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
7.7 North America Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Gas Cylinder Market, Overview & Analysis |
8.1 Latin America (LATAM) Gas Cylinder Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Gas Cylinder Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
8.4 Latin America (LATAM) Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
8.5 Latin America (LATAM) Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
8.6 Latin America (LATAM) Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
8.7 Latin America (LATAM) Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Gas Cylinder Market, Overview & Analysis |
9.1 Asia Gas Cylinder Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Gas Cylinder Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
9.4 Asia Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
9.5 Asia Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
9.6 Asia Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
9.7 Asia Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Gas Cylinder Market, Overview & Analysis |
10.1 Africa Gas Cylinder Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Gas Cylinder Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
10.4 Africa Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
10.5 Africa Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
10.6 Africa Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
10.7 Africa Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Gas Cylinder Market, Overview & Analysis |
11.1 Europe Gas Cylinder Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Gas Cylinder Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
11.4 Europe Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
11.5 Europe Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
11.6 Europe Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
11.7 Europe Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Gas Cylinder Market, Overview & Analysis |
12.1 Middle East Gas Cylinder Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Gas Cylinder Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Gas Cylinder Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Gas Cylinder Market, Revenues & Volume, By Material, 2021 - 2031 |
12.4 Middle East Gas Cylinder Market, Revenues & Volume, By Product, 2021 - 2031 |
12.5 Middle East Gas Cylinder Market, Revenues & Volume, By Wraps, 2021 - 2031 |
12.6 Middle East Gas Cylinder Market, Revenues & Volume, By Gas, 2021 - 2031 |
12.7 Middle East Gas Cylinder Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Gas Cylinder Market Key Performance Indicators |
14 Global Gas Cylinder Market - Export/Import By Countries Assessment |
15 Global Gas Cylinder Market - Opportunity Assessment |
15.1 Global Gas Cylinder Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Gas Cylinder Market Opportunity Assessment, By Material, 2021 & 2031F |
15.3 Global Gas Cylinder Market Opportunity Assessment, By Product, 2021 & 2031F |
15.4 Global Gas Cylinder Market Opportunity Assessment, By Wraps, 2021 & 2031F |
15.5 Global Gas Cylinder Market Opportunity Assessment, By Gas, 2021 & 2031F |
15.6 Global Gas Cylinder Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Gas Cylinder Market - Competitive Landscape |
16.1 Global Gas Cylinder Market Revenue Share, By Companies, 2024 |
16.2 Global Gas Cylinder Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |