Europe LPG cylinders market accounted for 24.1 million units in 2015 and is expected to reach 37.7 million units by 2021, growing at a CAGR of 7.9% over 2016-2021.

Posted On 2018-01-19 by Research N Reports

Research N Reports offers latest published report “LPG Cylinders Market – Europe Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2016-2021”. The author of the report analyzed that the Europe LPG Cylinders Market accounted for US$ 420.8 million in 2015.

Research N Reports brings key comprehensions on the subject of LPG Cylinders Market in its latest report titled ‘LPG Cylinders Market by Type (LPG Steel Cylinder, LPG Composite Cylinder); by End-Use (Kitchen & Domestic Use, Automotive Use, Others); by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Europe Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2016-2021’. 

Peruse the complete report titled LPG Cylinders Market - Europe Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2016-2021” at 

https://www.researchnreports.com/energy-resources/LPG-Cylinders-Market-20172025-203858

LPG, also propane or butane, are inflammable mixtures of hydrocarbon gases are used as a fuel in heating appliances, cooking, and automotive applications. It is progressively used as an aerosol propellant and a refrigerant, supplanting chlorofluorocarbons with an end goal to lessen harm to the ozone layer. At the point when particularly used as a vehicle fuel, it is frequently referred to as autogas. LPG is prepared by refining petroleum or "wet" natural gas and is totally derived from non-renewable energy sources, being manufactured amid the refining of crude oil, or extracted from oil or natural gas streams as they rise up out of the ground.

Few factors driving the growth of the market

Increase in demand for lightweight, explosion proof & non-corrosive LPG cylinders and government push towards the usage of composite cylinders are some of the significant drivers of the market. The increase in the consumption of LPG in the emerging economies will additionally boosts the demand for LPG cylinders throughout the following five years.

Advantages of LPG Steel Cylinder over LPG Composite Cylinder

Composite Cylinders are costlier than Steel Cylinders. While unloading the cylinders from the truck, it isn't simply gas pressure, the cylinders are thrown from the truck on the ground, yet they are made to withstand the impact, definitely, the material used in the composite cylinder is delicate for such loads.

The report provides both, qualitative and quantitative research of the Europe LPG Cylinders Market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by key contenders. Some of the primary players of this Market are Aygaz, Luxfer Gas Cylinders, Hexagon Ragasco, GLI, Gaz Liquid Industrie, Faber Industrie S.p.A, Antonio Merloni Cylinders Ghergo Group S.p.A, Eurocylinder Systems AG, EUROCAMPING Srl, Atrama, Rubis Caribbean, Aburi Composites, GI&E Holding, EVAS, and Amtrol-Alfa among others.