Europe Gas Cylinder Market to 2032
Overview
The Europe Gas Cylinder Market is expected to reach a 1.61 USD Billion by 2032 and is projected to grow at a CAGR of 6.86% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.08
Forecast, 2032 (USD Billion)
1.61
CAGR, 2024 - 2032
6.86%
Report Coverage
Europe
Europe Gas Cylinder Market 2018-2032 USD Billion
Europe Gas Cylinder Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.08 USD Billion
- Projected Market Size (2032): 1.61 USD Billion
- CAGR (2025-2032): 6.86%
Key Findings of Europe Gas Cylinder Market
- The Europe Gas Cylinder Market was valued at 1.08 USD Billion in 2024.
- The Europe Gas Cylinder Market is likely to grow at a CAGR of 6.86% 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 0.90 USD Billion
- The fastest growing segment Flammable Gases in Gas Segment grew Fastest with a CAGR of 7.61% during the forecast period from 2024 to 2032.
Europe Gas Cylinder Market Scope
Europe 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
Europe Gas Cylinder Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.08 USD Billion |
| Market Value in 2032 | 1.61 USD Billion |
| CAGR (2025-2032) | 6.86% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material,Application,Gas,Wrap,Product |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 1.08 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 313.51 USD Million in 2024.
Segments and Scope
-
Europe Gas Cylinder Market to 2032, By Material
- Steel is the largest segment in Europe Gas Cylinder Market to 2032 with a revenue of 818.20 USD Billion in the year 2024.
- Steel is the Fastest growing segment in Europe Gas Cylinder Market to 2032 with a Growth rate of 6.94 % in forecast period 2025-2032.
-
Europe Gas Cylinder Market to 2032, By Application
- Processing Industries is the largest segment in Europe Gas Cylinder Market to 2032 with a revenue of 562.13 USD Billion in the year 2024.
- Processing Industries is the Fastest growing segment in Europe Gas Cylinder Market to 2032 with a Growth rate of 7.25 % in forecast period 2025-2032.
-
Europe Gas Cylinder Market to 2032, By Gas
- Flammable Gases is the largest segment in Europe Gas Cylinder Market to 2032 with a revenue of 349.13 USD Billion in the year 2024.
- Flammable Gases is the Fastest growing segment in Europe Gas Cylinder Market to 2032 with a Growth rate of 7.61 % in forecast period 2025-2032.
-
Europe Gas Cylinder Market to 2032, By Wrap
- Wrap Less is the largest segment in Europe Gas Cylinder Market to 2032 with a revenue of 584.30 USD Billion in the year 2024.
- Wrap Less is the Fastest growing segment in Europe Gas Cylinder Market to 2032 with a Growth rate of 7.11 % in forecast period 2025-2032.
-
Europe Gas Cylinder Market to 2032, By Product
- High Pressure is the largest segment in Europe Gas Cylinder Market to 2032 with a revenue of 900.50 USD Billion in the year 2024.
- Low Pressure is the Fastest growing segment in Europe Gas Cylinder Market to 2032 with a Growth rate of 6.89 % in forecast period 2025-2032.
Europe Gas Cylinder Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Linde PLC | |||
| Drägerwerk AG & Co. KGaA, | |||
| Worthington Industries Inc. | |||
| Luxfer Gas Cylinders | |||
Europe Gas Cylinder Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Gas Cylinder Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Europe Gas Cylinder Market was valued at USD 1.08(Revenue in USD Billion) in 2021.
Europe Gas Cylinder Market is projected to grow at a CAGR of 6.86% during the forecast period of 2024 to 2032.
The High Pressure segment is expected to dominate the Europe Gas Cylinder Market, holding a largest market share of 0.90 USD Billion in 2024
Europe Gas Cylinder Market Scope
Europe 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 Europe Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Europe Gas Cylinder Market was valued at USD 1.08(Revenue in USD Billion) in 2021.
Europe Gas Cylinder Market is projected to grow at a CAGR of 6.86% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Gas Cylinder Market for final year is USD 1.61 (USD Billion).
Europe Gas Cylinder Market Company Profiling
Frequently Asked Questions
The Europe Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Europe Gas Cylinder Market was valued at USD 1.08(Revenue in USD Billion) in 2021.
Europe Gas Cylinder Market is projected to grow at a CAGR of 6.86% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Gas Cylinder Market for final year is USD 1.61 (USD Billion).
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