Composite Cylinders Market to Witness Notable Growth by 2028

The Composite Cylinders Market research report offers in-depth information to acknowledge the imperative parts of the market that align demand, raw materials, and capacity; this helps make strategic decisions. In addition, the analysis provides demands for the future, besides the available opportunities for an individual. The study focuses on industry chain analysis, upstream and downstream raw material suppliers, key players, production process analysis, cost analysis, market distribution channels, and major downstream buyers.

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As the global economy mends, the 2021 growth of Composite Cylinders will have significant change from previous year. According to our (LP Information) latest study, the global Composite Cylinders market size is USD million in 2022 from USD 634.9 million in 2021, with a change of % between 2021 and 2022. The global Composite Cylinders market size will reach USD 814.9 million in 2028, growing at a CAGR of 3.6% over the analysis period.
The United States Composite Cylinders market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Composite Cylinders market, reaching US$ million by the year 2028. As for the Europe Composite Cylinders landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Composite Cylinders players cover Luxfer Gas Cylinder, Hexagon Composites, Sinoma, and Aburi Composites, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Composite Cylinders market by product type, application, key manufacturers and key regions and countries.

Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
– Glass Fiber Composites
– Carbon Fiber Composites

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
– Gas Carriers and Storage
– Transportation
– Life Support
– Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
– Americas
– – United States
– – Canada
– – Mexico
– – Brazil
– APAC
– – China
– – Japan
– – Korea
– – Southeast Asia
– – India
– – Australia
– Europe
– – Germany
– – France
– – UK
– – Italy
– – Russia
– Middle East & Africa
– – Egypt
– – South Africa
– – Israel
– – Turkey
– – GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
– Luxfer Gas Cylinder
– Hexagon Composites
– Sinoma
– Aburi Composites
– Faber Industrie
– Worthington Cylinders
– Dragerwerk
– Santek
– Time Technoplast
– Rubis Caribbean
– Ullit
– Beijing Tianhai Industry

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