Composite Cylinder is a high pressure vessel that is made of a composite-polymer material and placed in a plastic body. The technology of manufacturing a modern composite cylinder is a very complex and high-tech process, so its cost is much higher than the cost of a metal analogue.
Scope of the Report:
The global composite cylinders industry has a rather high concentration. The major manufacturers are concentrated in North America and Europe, such as Luxfer Gas Cylinder, Hexagon Composites, Aburi Composites, Faber Industrie and Worthington Cylinders. At present, Luxfer Gas Cylinder is the world leader, holding 17.76% revenue market share in 2017.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, composite cylinders consumption will show a trend of steady growth. In 2024 the consumption of composite cylinders is estimated to be 10327 K Un
The worldwide market for Composite Cylinders is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 690 million US$ in 2024, from 570 million US$ in 2019, according to a new Planet Market Reports study.
This report focuses on the Composite Cylinders in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Get a Free Sample Copy of this Report @ https://www.planetmarketreports.com/report-sample/global-composite-cylinders-market-forecast-2019-2024
Market Segment by Manufacturers, this report covers
Luxfer Gas Cylinder
Beijing Tianhai Industry
Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Market Segment by Type, covers
Glass Fiber Composites
Carbon Fiber Composites
Market Segment by Applications, can be divided into
Gas Carriers and Storage
Get More Information about this Report and TOC @ https://www.planetmarketreports.com/reports/global-composite-cylinders-market-forecast-2019-2024
There are 15 Chapters to deeply display the global Composite Cylinders market.
Chapter 1, to describe Composite Cylinders Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Composite Cylinders, with sales, revenue, and price of Composite Cylinders, in 2017 and 2018;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2018;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Composite Cylinders, for each region, from 2014 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2014 to 2019;
Chapter 12, Composite Cylinders market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;
Chapter 13, 14 and 15, to describe Composite Cylinders sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Customization of this Report can be done as per client’s requirement.
Name: Jennifer Daniel
Organization: Planet Market Reports