South Korea Gas Cylinder Market to 2032
Overview
The South Korea Gas Cylinder Market is expected to reach a 206.29 USD Million by 2032 and is projected to grow at a CAGR of 7.14% from 2025 to 2032.
Revenue, 2024 (USD Million)
137.16
Forecast, 2032 (USD Million)
206.29
CAGR, 2024 - 2032
7.14%
Report Coverage
South Korea
South Korea Gas Cylinder Market 2018-2032 USD Million
South Korea Gas Cylinder Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 137.16 USD Million
- Projected Market Size (2032): 206.29 USD Million
- CAGR (2025-2032): 7.14%
Key Findings of South Korea Gas Cylinder Market
- The South Korea Gas Cylinder Market was valued at 137.16 USD Million in 2024.
- The South Korea Gas Cylinder Market is likely to grow at a CAGR of 7.14% 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 117.95 USD Million
- The fastest growing segment Flammable Gases in Gas Segment grew Fastest with a CAGR of 7.59% during the forecast period from 2024 to 2032.
South Korea Gas Cylinder Market Scope
South Korea 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
South Korea Gas Cylinder Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 137.16 USD Million |
| Market Value in 2032 | 206.29 USD Million |
| CAGR (2025-2032) | 7.14% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Wrap,Product,Material,Application,Gas |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 137.16 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 137.16 USD Million in 2024.
Segments and Scope
-
South Korea Gas Cylinder Market to 2032, By Wrap
- Wrap Less is the largest segment in South Korea Gas Cylinder Market to 2032 with a revenue of 79.34 USD Million in the year 2024.
- Wrap Less is the Fastest growing segment in South Korea Gas Cylinder Market to 2032 with a Growth rate of 7.32 % in forecast period 2025-2032.
-
South Korea Gas Cylinder Market to 2032, By Product
- High Pressure is the largest segment in South Korea Gas Cylinder Market to 2032 with a revenue of 117.95 USD Million in the year 2024.
- Low Pressure is the Fastest growing segment in South Korea Gas Cylinder Market to 2032 with a Growth rate of 7.15 % in forecast period 2025-2032.
-
South Korea Gas Cylinder Market to 2032, By Material
- Steel is the largest segment in South Korea Gas Cylinder Market to 2032 with a revenue of 106.25 USD Million in the year 2024.
- Steel is the Fastest growing segment in South Korea Gas Cylinder Market to 2032 with a Growth rate of 7.23 % in forecast period 2025-2032.
-
South Korea Gas Cylinder Market to 2032, By Application
- Processing Industries is the largest segment in South Korea Gas Cylinder Market to 2032 with a revenue of 76.54 USD Million in the year 2024.
- Processing Industries is the Fastest growing segment in South Korea Gas Cylinder Market to 2032 with a Growth rate of 7.47 % in forecast period 2025-2032.
-
South Korea Gas Cylinder Market to 2032, By Gas
- Inert Gases is the largest segment in South Korea Gas Cylinder Market to 2032 with a revenue of 50.43 USD Million in the year 2024.
- Flammable Gases is the Fastest growing segment in South Korea Gas Cylinder Market to 2032 with a Growth rate of 7.27 % in forecast period 2025-2032.
South Korea Gas Cylinder Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Linde PLC | |||
| Drägerwerk AG & Co. KGaA, | |||
| Worthington Industries Inc. | |||
| Luxfer Gas Cylinders | |||
South Korea Gas Cylinder Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Gas Cylinder Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Gas Cylinder Market is segmented based on Segmentation Wrap,Product,Material,Application,Gas.
South Korea Gas Cylinder Market was valued at USD 137.16(Revenue in USD Million) in 2021.
South Korea Gas Cylinder Market is projected to grow at a CAGR of 7.14% during the forecast period of 2024 to 2032.
The High Pressure segment is expected to dominate the South Korea Gas Cylinder Market, holding a largest market share of 117.95 USD Million in 2024
South Korea Gas Cylinder Market Scope
South Korea 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 South Korea Gas Cylinder Market is segmented based on Segmentation Wrap,Product,Material,Application,Gas.
South Korea Gas Cylinder Market was valued at USD 137.16(Revenue in USD Million) in 2021.
South Korea Gas Cylinder Market is projected to grow at a CAGR of 7.14% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Gas Cylinder Market for final year is USD 206.29 (USD Million).
South Korea Gas Cylinder Market Company Profiling
Frequently Asked Questions
The South Korea Gas Cylinder Market is segmented based on Segmentation Wrap,Product,Material,Application,Gas.
South Korea Gas Cylinder Market was valued at USD 137.16(Revenue in USD Million) in 2021.
South Korea Gas Cylinder Market is projected to grow at a CAGR of 7.14% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Gas Cylinder Market for final year is USD 206.29 (USD Million).
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