China Gas Cylinder Market to 2032
Overview
The China Gas Cylinder Market is expected to reach a 461.15 USD Million by 2032 and is projected to grow at a CAGR of 12.71% from 2025 to 2032.
Revenue, 2024 (USD Million)
233.18
Forecast, 2032 (USD Million)
461.15
CAGR, 2024 - 2032
12.71%
Report Coverage
China
China Gas Cylinder Market 2018-2032 USD Million
China Gas Cylinder Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 233.18 USD Million
- Projected Market Size (2032): 461.15 USD Million
- CAGR (2025-2032): 12.71%
Key Findings of China Gas Cylinder Market
- The China Gas Cylinder Market was valued at 233.18 USD Million in 2024.
- The China Gas Cylinder Market is likely to grow at a CAGR of 12.71% 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 200.11 USD Million
- The fastest growing segment Inert Gases in Gas Segment grew Fastest with a CAGR of 13.08% during the forecast period from 2024 to 2032.
China Gas Cylinder Market Scope
China Gas Cylinder Market Segmentation & Scope
Wrap
- Carbon Fiber
- Others
- Aramid Fiber
- Glass Fiber
- Wrap Less
Product
- Acetylene
- Others
- Low Pressure
- High Pressure
Material
- Others
- Composite
- Steel
Application
- Others
- Medicals
- Kitchen And Domestic
- Transportation
- Processing Industries
Gas
- Others
- Oxidizers
- Pyrophoric Gases
- Toxic Gases
- Flammable Gases
- Inert Gases
China Gas Cylinder Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 233.18 USD Million |
| Market Value in 2032 | 461.15 USD Million |
| CAGR (2025-2032) | 12.71% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Wrap,Product,Material,Application,Gas |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 233.18 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 233.18 USD Million in 2024.
Segments and Scope
-
China Gas Cylinder Market to 2032, By Wrap
- Wrap Less is the largest segment in China Gas Cylinder Market to 2032 with a revenue of 134.33 USD Million in the year 2024.
- Wrap Less is the Fastest growing segment in China Gas Cylinder Market to 2032 with a Growth rate of 12.91 % in forecast period 2025-2032.
-
China Gas Cylinder Market to 2032, By Product
- High Pressure is the largest segment in China Gas Cylinder Market to 2032 with a revenue of 200.11 USD Million in the year 2024.
- Low Pressure is the Fastest growing segment in China Gas Cylinder Market to 2032 with a Growth rate of 12.72 % in forecast period 2025-2032.
-
China Gas Cylinder Market to 2032, By Material
- Steel is the largest segment in China Gas Cylinder Market to 2032 with a revenue of 180.30 USD Million in the year 2024.
- Steel is the Fastest growing segment in China Gas Cylinder Market to 2032 with a Growth rate of 12.78 % in forecast period 2025-2032.
-
China Gas Cylinder Market to 2032, By Application
- Processing Industries is the largest segment in China Gas Cylinder Market to 2032 with a revenue of 129.57 USD Million in the year 2024.
- Processing Industries is the Fastest growing segment in China Gas Cylinder Market to 2032 with a Growth rate of 13.06 % in forecast period 2025-2032.
-
China Gas Cylinder Market to 2032, By Gas
- Inert Gases is the largest segment in China Gas Cylinder Market to 2032 with a revenue of 85.28 USD Million in the year 2024.
- Inert Gases is the Fastest growing segment in China Gas Cylinder Market to 2032 with a Growth rate of 13.08 % in forecast period 2025-2032.
China Gas Cylinder Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Linde PLC | |||
| Drägerwerk AG & Co. KGaA, | |||
| Worthington Industries Inc. | |||
| Luxfer Gas Cylinders | |||
China Gas Cylinder Market Geographical Sales Distribution, 2018-2032 USD Million
China Gas Cylinder Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Gas Cylinder Market is segmented based on Segmentation Wrap,Product,Material,Application,Gas.
China Gas Cylinder Market was valued at USD 233.18(Revenue in USD Million) in 2021.
China Gas Cylinder Market is projected to grow at a CAGR of 12.71% during the forecast period of 2024 to 2032.
The High Pressure segment is expected to dominate the China Gas Cylinder Market, holding a largest market share of 200.11 USD Million in 2024
China Gas Cylinder Market Scope
China Gas Cylinder Market Segmentation & Scope
Wrap
- Carbon Fiber
- Others
- Aramid Fiber
- Glass Fiber
- Wrap Less
Product
- Acetylene
- Others
- Low Pressure
- High Pressure
Material
- Others
- Composite
- Steel
Application
- Others
- Medicals
- Kitchen And Domestic
- Transportation
- Processing Industries
Gas
- Others
- Oxidizers
- Pyrophoric Gases
- Toxic Gases
- Flammable Gases
- Inert Gases
Frequently Asked Questions
The China Gas Cylinder Market is segmented based on Segmentation Wrap,Product,Material,Application,Gas.
China Gas Cylinder Market was valued at USD 233.18(Revenue in USD Million) in 2021.
China Gas Cylinder Market is projected to grow at a CAGR of 12.71% during the forecast period of 2024 to 2032.
The estimated market value of the China Gas Cylinder Market for final year is USD 461.15 (USD Million).
China Gas Cylinder Market Company Profiling
Frequently Asked Questions
The China Gas Cylinder Market is segmented based on Segmentation Wrap,Product,Material,Application,Gas.
China Gas Cylinder Market was valued at USD 233.18(Revenue in USD Million) in 2021.
China Gas Cylinder Market is projected to grow at a CAGR of 12.71% during the forecast period of 2024 to 2032.
The estimated market value of the China Gas Cylinder Market for final year is USD 461.15 (USD Million).
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