Summary

The global composite cylinder market was valued at $828.2 million in 2019, and is projected to reach $1.5 billion by 2030, growing at a CAGR of 5.7% from 2025 to 2030.
Introduction
A composite cylinder is a type of high-pressure gas cylinder made using advanced composite materials rather than traditional steel or aluminum. These cylinders typically combine lightweight polymers, fiberglass, carbon fiber, or aramid fibers with a thermoplastic or thermoset resin matrix. This composite construction offers several advantages over conventional cylinders, including reduced weight, superior corrosion resistance, improved strength-to-weight ratio, and enhanced safety. Composite cylinders are designed to be lighter, more durable, and easier to handle, making them highly suitable for diverse applications in industrial, commercial, and domestic environments.
Composite cylinders play a crucial role in the energy industry, particularly for Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG) storage. Their lightweight and safe design make them an ideal replacement for steel LPG cylinders traditionally used in households and industries. In power generation plants, composite cylinders are also used to store specialty gases required for operations. Their resistance to corrosion and reduced maintenance cost makes them highly valuable for outdoor energy storage in harsh climates.

Market dynamics
Growing demand for clean energy and LPG gas is expected to drive the growth of the composite cylinder market. Composite cylinders are increasingly replacing traditional steel cylinders due to their superior safety features, lightweight construction, and extended service life. They are resistant to rust and chemical reactions, ensuring durability even in harsh climatic conditions. Their explosion-resistant design, along with the ability to visually monitor gas levels, provides significant safety advantages for end-users, particularly in densely populated urban regions where safety concerns are critical. In December 2023, Patna in India, consumers began adopting Indane composite LPG cylinders primarily (since the September 2021). Around 25% of customers transitioned among wealthier or better-informed users, due to benefits like lighter weight, translucence, and rust-proof design.
However, high manufacturing cost of composite cylinders is expected to hinder the growth of the market. The production of these cylinders requires advanced raw materials such as carbon fiber, fiberglass, and specialized resins, which are significantly more expensive than steel. In addition, the manufacturing process involves sophisticated techniques like filament winding, precision molding, and stringent quality control testing to ensure safety and performance under high pressure. These advanced processes demand high levels of technical expertise and specialized machinery, further adding to production expenses.

Segments Overview
The composite cylinder market is segmented into cylinder type, material type, tank type, end-use, and region. On the basis of material type, the market is categorized into aramid fiber composites, HDPE pipe/liner, glass fiber composite, and carbon fiber composites. On the basis of tank type, the market is classified into type II, type III, and type IV. is categorized into transportation, life support, recreation, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of material type LPG dominated the composite cylinder market in 2019. Composite cylinders are increasingly being adopted in the liquefied petroleum gas (LPG) industry due to their advantages over conventional steel cylinders. These cylinders are typically made from advanced materials such as glass fiber or carbon fiber reinforced polymers, combined with a plastic liner. Their lightweight structure makes them easier to handle, transport, and store compared to traditional steel cylinders, which are often bulky and heavy.

On the basis of material type, glass fiber composites dominated the composite cylinder market in 2019. In pressure vessel applications, glass fiber composite cylinders are commonly used for storing gases such as compressed natural gas (CNG), hydrogen, and oxygen. These cylinders are preferred because they can withstand high internal pressures while maintaining a much lighter profile compared to steel or aluminum alternatives. The high fatigue resistance of glass fiber composites also ensures longer service life, making them reliable for both industrial and consumer use, such as in portable breathing apparatus, firefighting equipment, and SCUBA diving gear.

Regional Analysis
On the basis of region, Asia-Pacific dominated the composite cylinder market in 2019. In developed economies like Japan, South Korea, and Australia, composite cylinders are finding wider applications beyond domestic use, particularly in recreational activities such as camping, barbecuing, and caravanning, where lightweight and durable solutions are preferred. Industrial sectors in these countries are also gradually shifting to composite cylinders for welding, medical gases, and specialty applications, benefiting from reduced maintenance costs and longer service life compared to steel alternatives. The strong emphasis on safety standards and eco-friendly solutions in these countries further supports the transition toward composites.
Competitive Analysis
The major prominent players operating in the composite cylinder market include Hexagon Ragasco AS, NPROXX, Amtrol-Alfa, Drägerwerk AG & Co. KGaA, EVAS, FABER INDUSTRIE SPA, Luxfer Gas Cylinders, Quantum Fuel Systems, Sinoma International Engineering Co., Ltd., and AMS Composite Cylinders, and others.

Key Benefits For Stakeholders
●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the composite cylinder market analysis from 2019 to 2030 to identify the prevailing composite cylinder market opportunities.
●The market research is offered along with information related to key drivers, restraints, and opportunities.
●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
●In-depth analysis of the composite cylinder market segmentation assists to determine the prevailing market opportunities.
●Major countries in each region are mapped according to their revenue contribution to the global market.
●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
●The report includes the analysis of the regional as well as global composite cylinder market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

● Quarterly Update and* (only available with a corporate license, on listed price)
● 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
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● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Analysis of raw material in a product (by %)
● Investment Opportunities
● Product Benchmarking / Product specification and applications
● Upcoming/New Entrant by Regions
● Technology Trend Analysis
● Consumer Preferences and Product Specifications
● Market share analysis of players by products/segments
● New Product Development/ Product Matrix of Key Players
● Patient/epidemiology data at country, region, global level
● Regulatory Guidelines
● Additional company profiles with specific to client's interest
● Additional country or region analysis- market size and forecast
● Expanded list for Company Profiles
● Historic market data
● Import Export Analysis/Data
● Key player details (including location, contact details, supplier/vendor network etc. in excel format)
● List of customers/consumers/raw material suppliers- value chain analysis
● Market share analysis of players at global/region/country level
● SWOT Analysis
● Volume Market Size and Forecast

Key Market Segments
By Cylinder Type
● LPG
● CNG
● Hydrogen
● Oxygen

By Material Type
● Glass Fiber Composites
● Carbon Fiber Composites
● Aramid Fiber Composites
● HDPE Pipe/Liner

By Tank Type
● Type II
●Type III
●Type IV

By End-Use
● Gas Carrier and Storage
● Transportation
● Life Support
● Recreation
● Others

By Region
● North America
○ U.S.
○ Canada
○ Mexico
● Europe
○ Germany
○ France
○ Italy
○ Spain
○ UK
○ Rest of Europe
● Asia-Pacific
○ China
○ India
○ Indonesia
○ Malaysia
○ Thailand
○ Taiwan, Republic of China
○ Vietnam
○ Rest of Asia-Pacific

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Table of Contents

CHAPTER 1: INTRODUCTION

1.1. Report description


1.2. Key market segments


1.3. Key benefits to the stakeholders


1.4. Research methodology

1.4.1. Primary research


1.4.2. Secondary research


1.4.3. Analyst tools and models


CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective


CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope


3.2. Key findings

3.2.1. Top impacting factors


3.2.2. Top investment pockets


3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers

3.3.2. Moderate threat of new entrants

3.3.3. Moderate threat of substitutes

3.3.4. Moderate intensity of rivalry

3.3.5. Moderate bargaining power of buyers

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Growth in Demand for Clean Energy and LPG

3.4.1.2. Adoption in Automotive and Aerospace

3.4.2. Restraints

3.4.2.1. Recycling and Disposal Challenges

3.4.3. Opportunities

3.4.3.1. Rise in Use in Hydrogen Economy

3.4.3.2. Surge in Portable Energy Storage for Outdoor and Recreational Use

3.5. Value Chain Analysis

3.6. Patient Epidemiology Data

3.7. Regulatory Guidelines

3.8. Pricing Analysis Overview

CHAPTER 4: COMPOSITE CYLINDER MARKET, BY CYLINDER TYPE
4.1. Overview

4.1.1. Market size and forecast

4.2. LPG
4.2.1. Key market trends, growth factors and opportunities

4.2.2. Market size and forecast, by region

4.2.3. Market share analysis by country

4.3. CNG
4.3.1. Key market trends, growth factors and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market share analysis by country

4.4. Hydrogen
4.4.1. Key market trends, growth factors and opportunities

4.4.2. Market size and forecast, by region

4.4.3. Market share analysis by country

4.5. Oxygen
4.5.1. Key market trends, growth factors and opportunities

4.5.2. Market size and forecast, by region

4.5.3. Market share analysis by country

CHAPTER 5: COMPOSITE CYLINDER MARKET, BY MATERIAL TYPE
5.1. Overview

5.1.1. Market size and forecast

5.2. Aramid Fiber Composites
5.2.1. Key market trends, growth factors and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market share analysis by country

5.3. HDPE Pipe/Liner
5.3.1. Key market trends, growth factors and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market share analysis by country

5.4. Glass Fiber Composites
5.4.1. Key market trends, growth factors and opportunities

5.4.2. Market size and forecast, by region

5.4.3. Market share analysis by country

5.5. Carbon Fiber Composites
5.5.1. Key market trends, growth factors and opportunities

5.5.2. Market size and forecast, by region

5.5.3. Market share analysis by country

CHAPTER 6: COMPOSITE CYLINDER MARKET, BY TANK TYPE
6.1. Overview

6.1.1. Market size and forecast

6.2. Type II
6.2.1. Key market trends, growth factors and opportunities

6.2.2. Market size and forecast, by region

6.2.3. Market share analysis by country

6.3. Type III
6.3.1. Key market trends, growth factors and opportunities

6.3.2. Market size and forecast, by region

6.3.3. Market share analysis by country

6.4. Type IV
6.4.1. Key market trends, growth factors and opportunities

6.4.2. Market size and forecast, by region

6.4.3. Market share analysis by country

CHAPTER 7: COMPOSITE CYLINDER MARKET, BY END-USE
7.1. Overview

7.1.1. Market size and forecast

7.2. Gas Carrier and Storage
7.2.1. Key market trends, growth factors and opportunities

7.2.2. Market size and forecast, by region

7.2.3. Market share analysis by country

7.3. Transportation
7.3.1. Key market trends, growth factors and opportunities

7.3.2. Market size and forecast, by region

7.3.3. Market share analysis by country

7.4. Life Support
7.4.1. Key market trends, growth factors and opportunities

7.4.2. Market size and forecast, by region

7.4.3. Market share analysis by country

7.5. Recreation
7.5.1. Key market trends, growth factors and opportunities

7.5.2. Market size and forecast, by region

7.5.3. Market share analysis by country

7.6. Others
7.6.1. Key market trends, growth factors and opportunities

7.6.2. Market size and forecast, by region

7.6.3. Market share analysis by country

CHAPTER 8: COMPOSITE CYLINDER MARKET, BY REGION
8.1. Overview

8.1.1. Market size and forecast By Region

8.2. North America
8.2.1. Key market trends, growth factors and opportunities

8.2.2. Market size and forecast, by Cylinder Type

8.2.3. Market size and forecast, by Material Type

8.2.4. Market size and forecast, by Tank Type

8.2.5. Market size and forecast, by End-Use

8.2.6. Market size and forecast, by country
8.2.6.1. U.S.

8.2.6.1.1. Market size and forecast, by Cylinder Type
8.2.6.1.2. Market size and forecast, by Material Type
8.2.6.1.3. Market size and forecast, by Tank Type
8.2.6.1.4. Market size and forecast, by End-Use

8.2.6.2. Canada

8.2.6.2.1. Market size and forecast, by Cylinder Type
8.2.6.2.2. Market size and forecast, by Material Type
8.2.6.2.3. Market size and forecast, by Tank Type
8.2.6.2.4. Market size and forecast, by End-Use

8.2.6.3. Mexico

8.2.6.3.1. Market size and forecast, by Cylinder Type
8.2.6.3.2. Market size and forecast, by Material Type
8.2.6.3.3. Market size and forecast, by Tank Type
8.2.6.3.4. Market size and forecast, by End-Use

8.3. Europe
8.3.1. Key market trends, growth factors and opportunities

8.3.2. Market size and forecast, by Cylinder Type

8.3.3. Market size and forecast, by Material Type

8.3.4. Market size and forecast, by Tank Type

8.3.5. Market size and forecast, by End-Use

8.3.6. Market size and forecast, by country
8.3.6.1. Germany

8.3.6.1.1. Market size and forecast, by Cylinder Type
8.3.6.1.2. Market size and forecast, by Material Type
8.3.6.1.3. Market size and forecast, by Tank Type
8.3.6.1.4. Market size and forecast, by End-Use

8.3.6.2. France

8.3.6.2.1. Market size and forecast, by Cylinder Type
8.3.6.2.2. Market size and forecast, by Material Type
8.3.6.2.3. Market size and forecast, by Tank Type
8.3.6.2.4. Market size and forecast, by End-Use

8.3.6.3. Italy

8.3.6.3.1. Market size and forecast, by Cylinder Type
8.3.6.3.2. Market size and forecast, by Material Type
8.3.6.3.3. Market size and forecast, by Tank Type
8.3.6.3.4. Market size and forecast, by End-Use

8.3.6.4. Spain

8.3.6.4.1. Market size and forecast, by Cylinder Type
8.3.6.4.2. Market size and forecast, by Material Type
8.3.6.4.3. Market size and forecast, by Tank Type
8.3.6.4.4. Market size and forecast, by End-Use

8.3.6.5. UK

8.3.6.5.1. Market size and forecast, by Cylinder Type
8.3.6.5.2. Market size and forecast, by Material Type
8.3.6.5.3. Market size and forecast, by Tank Type
8.3.6.5.4. Market size and forecast, by End-Use

8.3.6.6. Rest of Europe

8.3.6.6.1. Market size and forecast, by Cylinder Type
8.3.6.6.2. Market size and forecast, by Material Type
8.3.6.6.3. Market size and forecast, by Tank Type
8.3.6.6.4. Market size and forecast, by End-Use

8.4. Asia-Pacific
8.4.1. Key market trends, growth factors and opportunities

8.4.2. Market size and forecast, by Cylinder Type

8.4.3. Market size and forecast, by Material Type

8.4.4. Market size and forecast, by Tank Type

8.4.5. Market size and forecast, by End-Use

8.4.6. Market size and forecast, by country
8.4.6.1. China

8.4.6.1.1. Market size and forecast, by Cylinder Type
8.4.6.1.2. Market size and forecast, by Material Type
8.4.6.1.3. Market size and forecast, by Tank Type
8.4.6.1.4. Market size and forecast, by End-Use

8.4.6.2. India

8.4.6.2.1. Market size and forecast, by Cylinder Type
8.4.6.2.2. Market size and forecast, by Material Type
8.4.6.2.3. Market size and forecast, by Tank Type
8.4.6.2.4. Market size and forecast, by End-Use

8.4.6.3. Indonesia

8.4.6.3.1. Market size and forecast, by Cylinder Type
8.4.6.3.2. Market size and forecast, by Material Type
8.4.6.3.3. Market size and forecast, by Tank Type
8.4.6.3.4. Market size and forecast, by End-Use

8.4.6.4. Malaysia

8.4.6.4.1. Market size and forecast, by Cylinder Type
8.4.6.4.2. Market size and forecast, by Material Type
8.4.6.4.3. Market size and forecast, by Tank Type
8.4.6.4.4. Market size and forecast, by End-Use

8.4.6.5. Thailand

8.4.6.5.1. Market size and forecast, by Cylinder Type
8.4.6.5.2. Market size and forecast, by Material Type
8.4.6.5.3. Market size and forecast, by Tank Type
8.4.6.5.4. Market size and forecast, by End-Use

8.4.6.6. Taiwan, Republic Of China

8.4.6.6.1. Market size and forecast, by Cylinder Type
8.4.6.6.2. Market size and forecast, by Material Type
8.4.6.6.3. Market size and forecast, by Tank Type
8.4.6.6.4. Market size and forecast, by End-Use

8.4.6.7. Vietnam

8.4.6.7.1. Market size and forecast, by Cylinder Type
8.4.6.7.2. Market size and forecast, by Material Type
8.4.6.7.3. Market size and forecast, by Tank Type
8.4.6.7.4. Market size and forecast, by End-Use

8.4.6.8. Rest of Asia-Pacific

8.4.6.8.1. Market size and forecast, by Cylinder Type
8.4.6.8.2. Market size and forecast, by Material Type
8.4.6.8.3. Market size and forecast, by Tank Type
8.4.6.8.4. Market size and forecast, by End-Use

8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities

8.5.2. Market size and forecast, by Cylinder Type

8.5.3. Market size and forecast, by Material Type

8.5.4. Market size and forecast, by Tank Type

8.5.5. Market size and forecast, by End-Use

8.5.6. Market size and forecast, by country
8.5.6.1. Brazil

8.5.6.1.1. Market size and forecast, by Cylinder Type
8.5.6.1.2. Market size and forecast, by Material Type
8.5.6.1.3. Market size and forecast, by Tank Type
8.5.6.1.4. Market size and forecast, by End-Use

8.5.6.2. UAE

8.5.6.2.1. Market size and forecast, by Cylinder Type
8.5.6.2.2. Market size and forecast, by Material Type
8.5.6.2.3. Market size and forecast, by Tank Type
8.5.6.2.4. Market size and forecast, by End-Use

8.5.6.3. Bahrain

8.5.6.3.1. Market size and forecast, by Cylinder Type
8.5.6.3.2. Market size and forecast, by Material Type
8.5.6.3.3. Market size and forecast, by Tank Type
8.5.6.3.4. Market size and forecast, by End-Use

8.5.6.4. Egypt

8.5.6.4.1. Market size and forecast, by Cylinder Type
8.5.6.4.2. Market size and forecast, by Material Type
8.5.6.4.3. Market size and forecast, by Tank Type
8.5.6.4.4. Market size and forecast, by End-Use

8.5.6.5. Saudi Arabia

8.5.6.5.1. Market size and forecast, by Cylinder Type
8.5.6.5.2. Market size and forecast, by Material Type
8.5.6.5.3. Market size and forecast, by Tank Type
8.5.6.5.4. Market size and forecast, by End-Use

8.5.6.6. Rest of LAMEA

8.5.6.6.1. Market size and forecast, by Cylinder Type
8.5.6.6.2. Market size and forecast, by Material Type
8.5.6.6.3. Market size and forecast, by Tank Type
8.5.6.6.4. Market size and forecast, by End-Use

CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction

9.2. Top winning strategies

9.3. Product mapping of top 10 player

9.4. Competitive dashboard

9.5. Competitive heatmap

9.6. Top player positioning, 2019

CHAPTER 10: COMPANY PROFILES
10.1. Hexagon Ragasco AS
10.1.1. Company overview

10.1.2. Key executives

10.1.3. Company snapshot

10.1.4. Operating business segments

10.1.5. Product portfolio

10.2. NPROXX
10.2.1. Company overview

10.2.2. Key executives

10.2.3. Company snapshot

10.2.4. Operating business segments

10.2.5. Product portfolio

10.2.6. Key strategic moves and developments

10.3. Amtrol-Alfa
10.3.1. Company overview

10.3.2. Key executives

10.3.3. Company snapshot

10.3.4. Operating business segments

10.3.5. Product portfolio

10.3.6. Key strategic moves and developments

10.4. Drgerwerk AG & Co. KGaA
10.4.1. Company overview

10.4.2. Key executives

10.4.3. Company snapshot

10.4.4. Operating business segments

10.4.5. Product portfolio

10.4.6. Business performance

10.5. EVAS
10.5.1. Company overview

10.5.2. Key executives

10.5.3. Company snapshot

10.5.4. Operating business segments

10.5.5. Product portfolio

10.6. FABER INDUSTRIE SPA
10.6.1. Company overview

10.6.2. Key executives

10.6.3. Company snapshot

10.6.4. Operating business segments

10.6.5. Product portfolio

10.6.6. Key strategic moves and developments

10.7. Luxfer Holdings PLC
10.7.1. Company overview

10.7.2. Key executives

10.7.3. Company snapshot

10.7.4. Operating business segments

10.7.5. Product portfolio

10.8. Quantum Fuel Systems LLC
10.8.1. Company overview

10.8.2. Key executives

10.8.3. Company snapshot

10.8.4. Operating business segments

10.8.5. Product portfolio

10.8.6. Key strategic moves and developments

10.9. Sinoma International Engineering Co., Ltd.
10.9.1. Company overview

10.9.2. Key executives

10.9.3. Company snapshot

10.9.4. Operating business segments

10.9.5. Product portfolio

10.10. AMS Composite Cylinders
10.10.1. Company overview

10.10.2. Key executives

10.10.3. Company snapshot

10.10.4. Operating business segments

10.10.5. Product portfolio