Press Release

Europe Composite LPG Cylinder Market to Grow at a Formidable Rate During Forecast Period

Rising adoption of composite LPG cylinders and increasing government initiatives to propel the growth of Europe composite LPG cylinder market

According to Tech Sci Research report, Europe Composite LPG Cylinder Market By Product, By Size, By Application, By Country, Competition, Forecast & Opportunities, 2025, the Europe composite LPG cylinder market is expected to witness a robust CAGR of close to 9% during the forecast period on account of increasing demand for lightweight, explosion proof and non-corrosive LPG cylinders coupled with rising government initiatives towards the usage of composite cylinders. Moreover, growing preference for LPG to be used as a cooking fuel over conventional & inefficient sources in the region is also projected to boost the growth of Europe composite LPG cylinder market during the next 5 years. Additionally, due to ease of transportation and low production cost, the government is encouraging the production of composite LPG cylinders, which is anticipated to aid the market growth over the coming years.

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In terms of application, the Europe composite LPG cylinder market is fragmented into kitchen & domestic use, transportation, recreational use, and others. Among them, the kitchen & domestic use segment dominated the market in terms of largest market share until 2019 and is anticipated to hold its dominance during the forecast period as well attributable to the rapid shift of preference of domestic consumers from type I steel LPG cylinders to type IV composite LPG cylinders.

Hexagon Composites, Aburi Composites, Amtrol-Alfa, Time Technoplast Ltd., Metal Mate, ALAMAN Gas Cylinders, Worthington Industries, Maurya Udyog Limited, Sahamitr Pressure Container, Metal Mate Co., Ltd and others are some of the leading players operating in Europe composite LPG cylinder market.

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“The Europe composite LPG cylinder market is growing rapidly due to the presence of leading composite LPG cylinder manufacturers such as Hexagon Composites, Aburi Composites, and Metal Mate that are focusing on increasing their geographical presence by executing their global operations from Europe. Additionally, early adoption of composite LPG cylinders is the main reason for the regional dominance until 2019. Moreover, due to the increasing applications of composite LPG cylinders, Europe composite LPG cylinder market is estimated to grow at a rapid pace over the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Europe Composite LPG Cylinder Market By Product, By Size, By Application, By Country, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of Europe composite LPG cylinder market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe composite LPG cylinder market.

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