Global Composite Cylinder Market is expected to reach $0.8 Billion by 2025 – An exclusive market research report by Lucintel

September 06 13:46 2021
Global Composite Cylinder Market is expected to reach $0.8 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Composite Cylinder Market
Trends, opportunities and forecast in this market to 2025 by end use industry (gas carriers and storage, transportation, life support, recreation and others), tank type (Type II, Type III, Type IV), composite consumption by fiber type (Glass Fiber Composites, Carbon Fiber Composites and Aramid Fiber Composites), and region (North America, Europe, and the Rest of the World (ROW)

Lucintel’s latest market report analyzed that global composite cylinder provides attractive opportunities in gas carriers & storage, transportation, life support, and recreation industries. The global composite cylinder market is expected to reach $0.8 billion by 2025 with a CAGR of 0.7%. In this market, type III is the largest segment by tank type, whereas transportation is largest by end use industry. The increase in green fleet and development of type V tanks provides strategic growth path in this market.

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Based on tank type, the global composite cylinder market is segmented into type II, type III, type IV. The type III segment is accounted for the largest share of the market in 2020.

Browse in-depth TOC on “Global Composite Cylinder Market”

51 – Tables

60 – Figures

136 – Pages

The global composite cylinder market is marked by the presence of several big and small players. Some of the prominent players offering global composite cylinder include Luxfer Gas Cylinder, Hexagon Composites ASA, Quantum Technologies, Worthington Cylinders, Time Technoplast, Faber Industries S.p.A., Beijing Tianhai Industry Co., and Ullit.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

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