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LPG Cylinder Market: An Exclusive Study on Upcoming Trends and Growth Opportunities


LPG Cylinder Market: An Exclusive Study on Upcoming Trends and Growth Opportunities
iCrowd Newswire
07 Jul 2021, 08:39 GMT+10
Opportunities in the LPG cylinder market have evolved through a number of stages i.e. from manufacturing of metal cylinders to fully recyclable type IV composite cylinder. Lucintel has found the future of this market to be promising; the LPG cylinder market is expected to reach $2.4 billion by 2025 with a CAGR of 2.6%. In this market, a metal LPG cylinder is the largest segment by cylinder type, whereas household is largest by application. Players can benefit from the available opportunities like LPG being the major source of cooking fuel in most of the countries and the lack of infrastructure for piped natural gas. ....

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