Industry: Machinery & Equipment
Published Date: 2025-01-18
Pages: 124 Pages
Report ld: 3437364
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Composite Cylinders Market Size(US$)

CAGR 2025-2031
3.5%
Market Size,2031
USD 881
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Composite Cylinders was estimated to be worth US$ 695 million in 2024 and is forecast to a readjusted size of US$ 881 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
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.
Europe is the largest Composite Cylinders market with about 48% market share. United States is follower, accounting for about 19% market share.The key manufacturers are Luxfer Gas Cylinder, Hexagon Composites, Sinoma, Aburi Composites, Faber Industrie, Worthington Cylinders, Dragerwerk, Santek, Time Technoplast, Rubis Caribbean, Ullit, Beijing Tianhai Industry etc. Top 3 companies occupied about 35% market share.
This report aims to provide a comprehensive presentation of the global market for Composite Cylinders, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Composite Cylinders by region & country, by Type, and by Application.
The Composite Cylinders market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Cylinders.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Composite Cylinders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Composite Cylinders in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Composite Cylinders in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Composite Cylinders Product Introduction
1.2 Global Composite Cylinders Market Size Forecast
1.2.1 Global Composite Cylinders Sales Value (2020-2031)
1.2.2 Global Composite Cylinders Sales Volume (2020-2031)
1.2.3 Global Composite Cylinders Sales Price (2020-2031)
1.3 Composite Cylinders Market Trends & Drivers
1.3.1 Composite Cylinders Industry Trends
1.3.2 Composite Cylinders Market Drivers & Opportunity
1.3.3 Composite Cylinders Market Challenges
1.3.4 Composite Cylinders Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Composite Cylinders Players Revenue Ranking (2024)
2.2 Global Composite Cylinders Revenue by Company (2020-2025)
2.3 Global Composite Cylinders Players Sales Volume Ranking (2024)
2.4 Global Composite Cylinders Sales Volume by Company Players (2020-2025)
2.5 Global Composite Cylinders Average Price by Company (2020-2025)
2.6 Key Manufacturers Composite Cylinders Manufacturing Base and Headquarters
2.7 Key Manufacturers Composite Cylinders Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Composite Cylinders
2.9 Composite Cylinders Market Competitive Analysis
2.9.1 Composite Cylinders Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Composite Cylinders Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Composite Cylinders as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Glass Fiber Composites
3.1.2 Carbon Fiber Composites
3.2 Global Composite Cylinders Sales Value by Type
3.2.1 Global Composite Cylinders Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Composite Cylinders Sales Value, by Type (2020-2031)
3.2.3 Global Composite Cylinders Sales Value, by Type (%) (2020-2031)
3.3 Global Composite Cylinders Sales Volume by Type
3.3.1 Global Composite Cylinders Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Composite Cylinders Sales Volume, by Type (2020-2031)
3.3.3 Global Composite Cylinders Sales Volume, by Type (%) (2020-2031)
3.4 Global Composite Cylinders Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Gas Carriers and Storage
4.1.2 Transportation
4.1.3 Life Support
4.1.4 Others
4.2 Global Composite Cylinders Sales Value by Application
4.2.1 Global Composite Cylinders Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Composite Cylinders Sales Value, by Application (2020-2031)
4.2.3 Global Composite Cylinders Sales Value, by Application (%) (2020-2031)
4.3 Global Composite Cylinders Sales Volume by Application
4.3.1 Global Composite Cylinders Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Composite Cylinders Sales Volume, by Application (2020-2031)
4.3.3 Global Composite Cylinders Sales Volume, by Application (%) (2020-2031)
4.4 Global Composite Cylinders Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Composite Cylinders Sales Value by Region
5.1.1 Global Composite Cylinders Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Composite Cylinders Sales Value by Region (2020-2025)
5.1.3 Global Composite Cylinders Sales Value by Region (2026-2031)
5.1.4 Global Composite Cylinders Sales Value by Region (%), (2020-2031)
5.2 Global Composite Cylinders Sales Volume by Region
5.2.1 Global Composite Cylinders Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Composite Cylinders Sales Volume by Region (2020-2025)
5.2.3 Global Composite Cylinders Sales Volume by Region (2026-2031)
5.2.4 Global Composite Cylinders Sales Volume by Region (%), (2020-2031)
5.3 Global Composite Cylinders Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Composite Cylinders Sales Value, 2020-2031
5.4.2 North America Composite Cylinders Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Composite Cylinders Sales Value, 2020-2031
5.5.2 Europe Composite Cylinders Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Composite Cylinders Sales Value, 2020-2031
5.6.2 Asia Pacific Composite Cylinders Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Composite Cylinders Sales Value, 2020-2031
5.7.2 South America Composite Cylinders Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Composite Cylinders Sales Value, 2020-2031
5.8.2 Middle East & Africa Composite Cylinders Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Composite Cylinders Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Composite Cylinders Sales Value
6.2.1 Key Countries/Regions Composite Cylinders Sales Value, 2020-2031
6.2.2 Key Countries/Regions Composite Cylinders Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Composite Cylinders Sales Value, 2020-2031
6.3.2 United States Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Composite Cylinders Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Composite Cylinders Sales Value, 2020-2031
6.4.2 Europe Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Composite Cylinders Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Composite Cylinders Sales Value, 2020-2031
6.5.2 China Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.5.3 China Composite Cylinders Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Composite Cylinders Sales Value, 2020-2031
6.6.2 Japan Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Composite Cylinders Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Composite Cylinders Sales Value, 2020-2031
6.7.2 South Korea Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Composite Cylinders Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Composite Cylinders Sales Value, 2020-2031
6.8.2 Southeast Asia Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Composite Cylinders Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Composite Cylinders Sales Value, 2020-2031
6.9.2 India Composite Cylinders Sales Value by Type (%), 2024 VS 2031
6.9.3 India Composite Cylinders Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Luxfer Gas Cylinder
7.1.1 Luxfer Gas Cylinder Company Information
7.1.2 Luxfer Gas Cylinder Introduction and Business Overview
7.1.3 Luxfer Gas Cylinder Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Luxfer Gas Cylinder Composite Cylinders Product Offerings
7.1.5 Luxfer Gas Cylinder Recent Development
7.2 Hexagon Composites
7.2.1 Hexagon Composites Company Information
7.2.2 Hexagon Composites Introduction and Business Overview
7.2.3 Hexagon Composites Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Hexagon Composites Composite Cylinders Product Offerings
7.2.5 Hexagon Composites Recent Development
7.3 Sinoma
7.3.1 Sinoma Company Information
7.3.2 Sinoma Introduction and Business Overview
7.3.3 Sinoma Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Sinoma Composite Cylinders Product Offerings
7.3.5 Sinoma Recent Development
7.4 Aburi Composites
7.4.1 Aburi Composites Company Information
7.4.2 Aburi Composites Introduction and Business Overview
7.4.3 Aburi Composites Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Aburi Composites Composite Cylinders Product Offerings
7.4.5 Aburi Composites Recent Development
7.5 Faber Industrie
7.5.1 Faber Industrie Company Information
7.5.2 Faber Industrie Introduction and Business Overview
7.5.3 Faber Industrie Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Faber Industrie Composite Cylinders Product Offerings
7.5.5 Faber Industrie Recent Development
7.6 Worthington Cylinders
7.6.1 Worthington Cylinders Company Information
7.6.2 Worthington Cylinders Introduction and Business Overview
7.6.3 Worthington Cylinders Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Worthington Cylinders Composite Cylinders Product Offerings
7.6.5 Worthington Cylinders Recent Development
7.7 Dragerwerk
7.7.1 Dragerwerk Company Information
7.7.2 Dragerwerk Introduction and Business Overview
7.7.3 Dragerwerk Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Dragerwerk Composite Cylinders Product Offerings
7.7.5 Dragerwerk Recent Development
7.8 Santek
7.8.1 Santek Company Information
7.8.2 Santek Introduction and Business Overview
7.8.3 Santek Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Santek Composite Cylinders Product Offerings
7.8.5 Santek Recent Development
7.9 Time Technoplast
7.9.1 Time Technoplast Company Information
7.9.2 Time Technoplast Introduction and Business Overview
7.9.3 Time Technoplast Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Time Technoplast Composite Cylinders Product Offerings
7.9.5 Time Technoplast Recent Development
7.10 Rubis Caribbean
7.10.1 Rubis Caribbean Company Information
7.10.2 Rubis Caribbean Introduction and Business Overview
7.10.3 Rubis Caribbean Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Rubis Caribbean Composite Cylinders Product Offerings
7.10.5 Rubis Caribbean Recent Development
7.11 Ullit
7.11.1 Ullit Company Information
7.11.2 Ullit Introduction and Business Overview
7.11.3 Ullit Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Ullit Composite Cylinders Product Offerings
7.11.5 Ullit Recent Development
7.12 Beijing Tianhai Industry
7.12.1 Beijing Tianhai Industry Company Information
7.12.2 Beijing Tianhai Industry Introduction and Business Overview
7.12.3 Beijing Tianhai Industry Composite Cylinders Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Beijing Tianhai Industry Composite Cylinders Product Offerings
7.12.5 Beijing Tianhai Industry Recent Development
8 Industry Chain Analysis
8.1 Composite Cylinders Industrial Chain
8.2 Composite Cylinders Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Composite Cylinders Sales Model
8.5.2 Sales Channel
8.5.3 Composite Cylinders Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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