Canada Gas Cylinder Market to 2032
Overview
The Canada Gas Cylinder Market is expected to reach a 271.47 USD Million by 2032 and is projected to grow at a CAGR of 6.12% from 2025 to 2032.
Revenue, 2024 (USD Million)
190.39
Forecast, 2032 (USD Million)
271.47
CAGR, 2024 - 2032
6.12%
Report Coverage
Canada
Canada Gas Cylinder Market 2018-2032 USD Million
Canada Gas Cylinder Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 190.39 USD Million
- Projected Market Size (2032): 271.47 USD Million
- CAGR (2025-2032): 6.12%
Key Findings of Canada Gas Cylinder Market
- The Canada Gas Cylinder Market was valued at 271.47 USD Million in 2024.
- The Canada Gas Cylinder Market is likely to grow at a CAGR of 6.12% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment High Pressure in Product Segment accounted for the largest share of the market with a revenue of 163.64 USD Million
- The fastest growing segment Flammable Gases in Gas Segment grew Fastest with a CAGR of 6.49% during the forecast period from 2024 to 2032.
Canada Gas Cylinder Market Scope
Canada Gas Cylinder Market Segmentation & Scope
Material
- Others
- Composite
- Steel
Application
- Others
- Medicals
- Kitchen And Domestic
- Transportation
- Processing Industries
Gas
- Others
- Oxidizers
- Pyrophoric Gases
- Inert Gases
- Toxic Gases
- Flammable Gases
Wrap
- Carbon Fiber
- Others
- Aramid Fiber
- Glass Fiber
- Wrap Less
Product
- Acetylene
- Others
- Low Pressure
- High Pressure
Canada Gas Cylinder Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 190.39 USD Million |
| Market Value in 2032 | 271.47 USD Million |
| CAGR (2025-2032) | 6.12% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material,Application,Gas,Wrap,Product |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 190.39 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 190.39 USD Million in 2024.
Segments and Scope
-
Canada Gas Cylinder Market to 2032, By Material
- Steel is the largest segment in Canada Gas Cylinder Market to 2032 with a revenue of 147.45 USD Million in the year 2024.
- Steel is the Fastest growing segment in Canada Gas Cylinder Market to 2032 with a Growth rate of 6.25 % in forecast period 2025-2032.
-
Canada Gas Cylinder Market to 2032, By Application
- Processing Industries is the largest segment in Canada Gas Cylinder Market to 2032 with a revenue of 106.02 USD Million in the year 2024.
- Processing Industries is the Fastest growing segment in Canada Gas Cylinder Market to 2032 with a Growth rate of 6.45 % in forecast period 2025-2032.
-
Canada Gas Cylinder Market to 2032, By Gas
- Flammable Gases is the largest segment in Canada Gas Cylinder Market to 2032 with a revenue of 68.04 USD Million in the year 2024.
- Flammable Gases is the Fastest growing segment in Canada Gas Cylinder Market to 2032 with a Growth rate of 6.49 % in forecast period 2025-2032.
-
Canada Gas Cylinder Market to 2032, By Wrap
- Wrap Less is the largest segment in Canada Gas Cylinder Market to 2032 with a revenue of 109.92 USD Million in the year 2024.
- Wrap Less is the Fastest growing segment in Canada Gas Cylinder Market to 2032 with a Growth rate of 6.32 % in forecast period 2025-2032.
-
Canada Gas Cylinder Market to 2032, By Product
- High Pressure is the largest segment in Canada Gas Cylinder Market to 2032 with a revenue of 163.64 USD Million in the year 2024.
- High Pressure is the Fastest growing segment in Canada Gas Cylinder Market to 2032 with a Growth rate of 6.17 % in forecast period 2025-2032.
Canada Gas Cylinder Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Linde PLC | |||
| Drägerwerk AG & Co. KGaA, | |||
| Worthington Industries Inc. | |||
| Luxfer Gas Cylinders | |||
Canada Gas Cylinder Market Geographical Sales Distribution, 2018-2032 USD Million
Canada Gas Cylinder Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Canada Gas Cylinder Market was valued at USD 190.39(Revenue in USD Million) in 2021.
Canada Gas Cylinder Market is projected to grow at a CAGR of 6.12% during the forecast period of 2024 to 2032.
The High Pressure segment is expected to dominate the Canada Gas Cylinder Market, holding a largest market share of 163.64 USD Million in 2024
Canada Gas Cylinder Market Scope
Canada Gas Cylinder Market Segmentation & Scope
Material
- Others
- Composite
- Steel
Application
- Others
- Medicals
- Kitchen And Domestic
- Transportation
- Processing Industries
Gas
- Others
- Oxidizers
- Pyrophoric Gases
- Inert Gases
- Toxic Gases
- Flammable Gases
Wrap
- Carbon Fiber
- Others
- Aramid Fiber
- Glass Fiber
- Wrap Less
Product
- Acetylene
- Others
- Low Pressure
- High Pressure
Frequently Asked Questions
The Canada Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Canada Gas Cylinder Market was valued at USD 190.39(Revenue in USD Million) in 2021.
Canada Gas Cylinder Market is projected to grow at a CAGR of 6.12% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Gas Cylinder Market for final year is USD 271.47 (USD Million).
Canada Gas Cylinder Market Company Profiling
Frequently Asked Questions
The Canada Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Canada Gas Cylinder Market was valued at USD 190.39(Revenue in USD Million) in 2021.
Canada Gas Cylinder Market is projected to grow at a CAGR of 6.12% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Gas Cylinder Market for final year is USD 271.47 (USD Million).
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