Mexico Gas Cylinder Market to 2032
Overview
The Mexico Gas Cylinder Market is expected to reach a 110.48 USD Million by 2032 and is projected to grow at a CAGR of 5.66% from 2025 to 2032.
Revenue, 2024 (USD Million)
79.37
Forecast, 2032 (USD Million)
110.48
CAGR, 2024 - 2032
5.66%
Report Coverage
Mexico
Mexico Gas Cylinder Market 2018-2032 USD Million
Mexico Gas Cylinder Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 79.37 USD Million
- Projected Market Size (2032): 110.48 USD Million
- CAGR (2025-2032): 5.66%
Key Findings of Mexico Gas Cylinder Market
- The Mexico Gas Cylinder Market was valued at 79.37 USD Million in 2024.
- The Mexico Gas Cylinder Market is likely to grow at a CAGR of 5.66% 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 68.26 USD Million
- The fastest growing segment Acetylene in Product Segment grew Fastest with a CAGR of 6.27% during the forecast period from 2024 to 2032.
Mexico Gas Cylinder Market Scope
Mexico 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
Mexico Gas Cylinder Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 79.37 USD Million |
| Market Value in 2032 | 110.48 USD Million |
| CAGR (2025-2032) | 5.66% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material,Application,Gas,Wrap,Product |
Regional Insights:
-
Leading Market (2024-2032): Mexico, leading in terms of revenue 79.37 USD Million in 2024
- Key Country: Mexico, leading in terms of revenue with value of 79.37 USD Million in 2024.
Segments and Scope
-
Mexico Gas Cylinder Market to 2032, By Material
- Steel is the largest segment in Mexico Gas Cylinder Market to 2032 with a revenue of 61.50 USD Million in the year 2024.
- Steel is the Fastest growing segment in Mexico Gas Cylinder Market to 2032 with a Growth rate of 5.80 % in forecast period 2025-2032.
-
Mexico Gas Cylinder Market to 2032, By Application
- Processing Industries is the largest segment in Mexico Gas Cylinder Market to 2032 with a revenue of 44.26 USD Million in the year 2024.
- Processing Industries is the Fastest growing segment in Mexico Gas Cylinder Market to 2032 with a Growth rate of 5.99 % in forecast period 2025-2032.
-
Mexico Gas Cylinder Market to 2032, By Gas
- Flammable Gases is the largest segment in Mexico Gas Cylinder Market to 2032 with a revenue of 28.37 USD Million in the year 2024.
- Flammable Gases is the Fastest growing segment in Mexico Gas Cylinder Market to 2032 with a Growth rate of 6.03 % in forecast period 2025-2032.
-
Mexico Gas Cylinder Market to 2032, By Wrap
- Wrap Less is the largest segment in Mexico Gas Cylinder Market to 2032 with a revenue of 45.89 USD Million in the year 2024.
- Wrap Less is the Fastest growing segment in Mexico Gas Cylinder Market to 2032 with a Growth rate of 5.86 % in forecast period 2025-2032.
-
Mexico Gas Cylinder Market to 2032, By Product
- High Pressure is the largest segment in Mexico Gas Cylinder Market to 2032 with a revenue of 68.26 USD Million in the year 2024.
- Acetylene is the Fastest growing segment in Mexico Gas Cylinder Market to 2032 with a Growth rate of 5.71 % in forecast period 2025-2032.
Mexico Gas Cylinder Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Linde PLC | |||
| Drägerwerk AG & Co. KGaA, | |||
| Worthington Industries Inc. | |||
| Luxfer Gas Cylinders | |||
Mexico Gas Cylinder Market Geographical Sales Distribution, 2018-2032 USD Million
Mexico Gas Cylinder Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Mexico Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Mexico Gas Cylinder Market was valued at USD 79.37(Revenue in USD Million) in 2021.
Mexico Gas Cylinder Market is projected to grow at a CAGR of 5.66% during the forecast period of 2024 to 2032.
The High Pressure segment is expected to dominate the Mexico Gas Cylinder Market, holding a largest market share of 68.26 USD Million in 2024
Mexico Gas Cylinder Market Scope
Mexico 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 Mexico Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Mexico Gas Cylinder Market was valued at USD 79.37(Revenue in USD Million) in 2021.
Mexico Gas Cylinder Market is projected to grow at a CAGR of 5.66% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Gas Cylinder Market for final year is USD 110.48 (USD Million).
Mexico Gas Cylinder Market Company Profiling
Frequently Asked Questions
The Mexico Gas Cylinder Market is segmented based on Segmentation Material,Application,Gas,Wrap,Product.
Mexico Gas Cylinder Market was valued at USD 79.37(Revenue in USD Million) in 2021.
Mexico Gas Cylinder Market is projected to grow at a CAGR of 5.66% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Gas Cylinder Market for final year is USD 110.48 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.