Global LPG Cylinder Manufacturing market cagr 10.4%

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LPG Cylinder Manufacturing Market

LPG Cylinder Manufacturing Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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LPG Cylinder Manufacturing Market Size and Growth

The LPG cylinder manufacturing market is witnessing robust growth, driven by increasing demand for clean energy and safety regulations. The market size is projected to reach approximately $4 billion by 2025, reflecting a compound annual growth rate of about 6%. Key trends include technological advancements and sustainability initiatives among manufacturers. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Kishore Kela Group

◍ Dorian LPG Ltd.

◍ Confidence Petroleum India Ltd.

◍ Manchester Tank & Equipment Co.

◍ Sahamitr Pressure Container PLC.

◍ ECP Industries Limited

◍ Mauria Udyog Limited

◍ Shandong Huanri Group Co. Ltd.

◍ Hexagon Ragasco

◍ Aygaz

◍ Worthington Industries

The LPG cylinder manufacturing market features key players like Kishore Kela Group, Confidence Petroleum, and Worthington Industries, who enhance market growth through innovation and production efficiency. Companies focus on safety and compliance, driving demand. Sales revenue figures include:

- Confidence Petroleum: Approx. ₹1,100 crore

- Worthington Industries: ~$1.9 billion Request Sample Report

Market Segmentation

By Application

Domestic

Commercial

Industrial

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By Product

4 Kg-15 Kg

16 Kg-25 Kg

25 Kg-50 kg

More than 50 Kg

Market Growth

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$ X Billion USD

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