North America Gas Cylinder Market to 2032

Q: What is the current market size of the North America Gas Cylinder Market?

North America Gas Cylinder Market was valued at USD 835.08 (Revenue in USD Million) in 2021.

Overview

The North America Gas Cylinder Market is expected to reach a 1,209.97 USD Million by 2032 and is projected to grow at a CAGR of 6.42% from 2025 to 2032.

Revenue, 2024 (USD Million)

835.08

Forecast, 2032 (USD Million)

1,209.97

CAGR, 2024 - 2032

6.42%

Report Coverage

North America

North America Gas Cylinder Market 2018-2032 USD Million

North America Gas Cylinder Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 835.08 USD Million
Projected Market Size (2032): 1,209.97 USD Million
CAGR (2025-2032): 6.42%

Key Findings of North America Gas Cylinder Market

The North America Gas Cylinder Market was valued at 835.08 USD Million in 2024.
The North America Gas Cylinder Market is likely to grow at a CAGR of 6.42% 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 717.54 USD Million
The fastest growing segment Flammable Gases in Gas Segment grew Fastest with a CAGR of 6.80% during the forecast period from 2024 to 2032.

North America Gas Cylinder Market Scope

North America Gas Cylinder Market Segmentation & Scope

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

Material

Others
Composite
Steel

North America Gas Cylinder Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	835.08 USD Million
Market Value in 2032	1,209.97 USD Million
CAGR (2025-2032)	6.42%
Historic Data	2016-2023
Market Segments Covered	Application,Gas,Wrap,Product,Material

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 835.08 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 565.33 USD Million in 2024.

Segments and Scope

North America Gas Cylinder Market to 2032, By Application
- Processing Industries is the largest segment in North America Gas Cylinder Market to 2032 with a revenue of 464.64 USD Million in the year 2024.
- Processing Industries is the Fastest growing segment in North America Gas Cylinder Market to 2032 with a Growth rate of 6.75 % in forecast period 2025-2032.
North America Gas Cylinder Market to 2032, By Gas
- Flammable Gases is the largest segment in North America Gas Cylinder Market to 2032 with a revenue of 297.90 USD Million in the year 2024.
- Flammable Gases is the Fastest growing segment in North America Gas Cylinder Market to 2032 with a Growth rate of 6.80 % in forecast period 2025-2032.
North America Gas Cylinder Market to 2032, By Wrap
- Wrap Less is the largest segment in North America Gas Cylinder Market to 2032 with a revenue of 482.52 USD Million in the year 2024.
- Wrap Less is the Fastest growing segment in North America Gas Cylinder Market to 2032 with a Growth rate of 6.74 % in forecast period 2025-2032.
North America Gas Cylinder Market to 2032, By Product
- High Pressure is the largest segment in North America Gas Cylinder Market to 2032 with a revenue of 717.54 USD Million in the year 2024.
- High Pressure is the Fastest growing segment in North America Gas Cylinder Market to 2032 with a Growth rate of 6.47 % in forecast period 2025-2032.
North America Gas Cylinder Market to 2032, By Material
- Steel is the largest segment in North America Gas Cylinder Market to 2032 with a revenue of 646.58 USD Million in the year 2024.
- Steel is the Fastest growing segment in North America Gas Cylinder Market to 2032 with a Growth rate of 6.56 % in forecast period 2025-2032.

North America Gas Cylinder Market Company Share Analysis

Company Name
3M
Linde PLC
Drägerwerk AG & Co. KGaA,
Worthington Industries Inc.
Luxfer Gas Cylinders

North America Gas Cylinder Market Geographical Sales Distribution, 2018-2032 USD Million

North America Gas Cylinder Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America Gas Cylinder Market?

The North America Gas Cylinder Market is segmented based on Segmentation Application,Gas,Wrap,Product,Material.

What is the current market size of the North America Gas Cylinder Market?

North America Gas Cylinder Market was valued at USD 835.08(Revenue in USD Million) in 2021.

What is the expected growth rate of the North America Gas Cylinder Market?

North America Gas Cylinder Market is projected to grow at a CAGR of 6.42% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Gas Cylinder Market?

The High Pressure segment is expected to dominate the North America Gas Cylinder Market, holding a largest market share of 717.54 USD Million in 2024