The global type 4 cylinder market is anticipated to grow at a steady CAGR in the forecast period, 2023-2027. High demand for type 4 cylinders among the passenger and commercial vehicles and storage and transport applications and the growing number of natural gas vehicles worldwide primarily drive the demand for the global type 4 cylinder market. The demand from the other end-user industries like aerospace and defense, construction & infrastructure, and wind energy sectors are further influencing the market demand. Also, the surge in research and development activities to introduce next-generation cylinders and the growing awareness about the advantages of using these cylinders are expected to bolster the global type 4 cylinders market growth over the next five years. 

Advantages of Using Type 4 Cylinder Drives the Market Growth

These cylinders are basically designed for high-pressure applications. Type 4 cylinders are basically 70% lighter than their counterparts and therefore boost the gas carrying capacity of cylinders. They are able to transport two times more gas in one trip, which reduces huge CNG transportation costs and results in massive savings. All cylinders have polymer lines with special additives and are made of gas-tight PE material and are resistant to rust and fatigue. It eliminates the chance of line leakage and contamination as there is no chance of rust and corrosion. The special non-metallic liner does not allow permeation. They are designed to be maintenance-free, and retesting requires only inspection. Type 4 cylinders have a long service life and are considered highly durable and safe. They are made up of highly advanced carbon fiber and are very strong and can store gas even at high pressure. Type 4 cylinders are the best combination of safety, efficiency, and durability. They are good for the environment. The entry of new market players offering type 4 cylinders and the growing awareness about the benefits of using type 4 cylinders are expected to propel the global type 4 cylinders market growth over the forecast period.

Booming Automotive Industry Favors the Market Growth

The automotive industry is rapidly transforming and is adopting novel and advanced features and technologies to improve the performance, fuel capacity, mileage, driving experience, seating capacity, and safety of passengers and automobiles during driving. Automakers are working on improving the performance of the engine as it is the main power supply for the vehicles and plays a vital role in moving the vehicles. Stringent emission norms and growing concerns regarding the harmful effect of greenhouse emissions on the environment are making the leading authorities promote vehicles running on compressed natural gas, which is also known as a green fuel. It has auto-ignition temperature and has a low operational cost. Another advantage of CNG vehicles is that it increases the life of lubricating oils and does not contaminate and dilute the crankcase oil. The major advantage of using type 4 cylinders is that it supports a higher driving range which lowers the refill anxiety issues. They are lighter and do not influence the running of vehicles even if shifted to the roof of vehicles. Type 4 cylinders offer higher mileage and reduce the fuel cost per km. Growing penetration of CNG vehicles worldwide and the increased use of type 4 cylinders in vehicles are expected to bolster the global type 4 cylinders market growth over the next five years. 


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Market Segmentation

The global type 4 cylinder market is segmented into material, diameter, length, application, regional distribution, and competitive landscape. Based on material, the market is divided into fully carbon fiber, carbon fiber +glass fiber. Based on diameter, the market is divided into 414 mm, 533 mm, 648 mm. Based on length, the market is divided into 60-inch, 80-inch, 90-inch,100- inch,120- inch. Based on application, the market is divided into CNG, biogas, hydrogen, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North American region, Asia-Pacific region, European region, South American region, and Middle East & African region. In terms of country, the United States is expected to be a lucrative market for the global type 4 cylinder market due to the growing acceptance of type 4 cylinders in the automotive industry.

Market Players

Indoruss Synergy, Quantum Technologies, Aburi Composites, Hexagon Composites ASA, Luxfer Holdings PLC, Ullit SA, Worthington Industries, EKC International Dubai, AMS Composite Cylinders, Time Technoplast Ltd. are the leading players operating in the global type 4 cylinder market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Material

·         Diameter

·         Length

·         Application

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Italy; Spain; Poland; Denmark; Brazil; Argentina; Colombia; Poland; Denmark; Saudi Arabia; South Africa; UAE; Iraq; Turkey

Key companies profiled

Indoruss Synergy, Quantum Technologies, Aburi Composites, Hexagon Composites ASA, Luxfer Holdings PLC, Ullit SA, Worthington Industries, EKC International Dubai, AMS Composite Cylinders, Time Technoplast Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global type 4 cylinder market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Type 4 Cylinder Market, By Material:
    • Fully Carbon Fiber
    • Carbon Fiber +Glass Fiber
  • Type 4 Cylinder Market, By Diameter:
    • 414 mm
    • 533 mm
    • 648 mm
  • Type 4 Cylinder Market, By Length:
    • 60-inch
    • 80-inch
    • 90-inch
    • 100- inch
    • 120- inch
  • Type 4 Cylinder Market, By Application:
    • CNG
    • Biogas
    • Hydrogen
    • Others
  • Type 4 Cylinder Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Poland
      • Denmark
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile
    • Middle East & Africa

§  Saudi Arabia

§  South Africa

§  UAE

§  Iraq

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global type 4 cylinder market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Type 4 Cylinder Market

4.    Executive Summary

5.    Voice of Customer

5.1.1.     Brand Awareness

5.1.2.     Factors Considered while Selecting a Supplier

5.1.3.     Customer Satisfaction Level

5.1.4.     Major Challenges Faced

6.    Global Type 4 Cylinder Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Material (Fully Carbon Fiber, Carbon Fiber +Glass Fiber)

6.2.2.     By Diameter (414 mm, 533 mm, 648 mm)

6.2.3.     By Length (60-inch, 80-inch, 90-inch,100- inch,120- inch)

6.2.4.     By Application (CNG, Biogas, Hydrogen, Others)

6.2.5.     By Region

6.2.6.     By Company

6.3.  Product Market Map

7.    North America Type 4 Cylinder Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Material

7.2.2.     By Diameter

7.2.3.     By Length

7.2.4.     By Application

7.2.5.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Type 4 Cylinder Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Material

7.3.1.2.2.             By Diameter

7.3.1.2.3.             By Length

7.3.1.2.4.             By Application

7.3.2.     Canada Type 4 Cylinder Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Material

7.3.2.2.2.             By Diameter

7.3.2.2.3.             By Length

7.3.2.2.4.             By Application

7.3.3.     Mexico Type 4 Cylinder Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Material

7.3.3.2.2.             By Diameter

7.3.3.2.3.             By Length

7.3.3.2.4.             By Application

8.    Asia-Pacific Type 4 Cylinder Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Material

8.2.2.     By Diameter

8.2.3.     By Length

8.2.4.     By Application

8.2.5.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Type 4 Cylinder Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Material

8.3.1.2.2.             By Diameter

8.3.1.2.3.             By Length

8.3.1.2.4.             By Application

8.3.2.     India Type 4 Cylinder Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Material

8.3.2.2.2.             By Diameter

8.3.2.2.3.             By Length

8.3.2.2.4.             By Application

8.3.3.     Japan Type 4 Cylinder Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Material

8.3.3.2.2.             By Diameter

8.3.3.2.3.             By Length

8.3.3.2.4.             By Application

8.3.4.     South Korea Type 4 Cylinder Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Material

8.3.4.2.2.             By Diameter

8.3.4.2.3.             By Length

8.3.4.2.4.             By Application

8.3.5.     Australia Type 4 Cylinder Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Material

8.3.5.2.2.             By Diameter

8.3.5.2.3.             By Length

8.3.5.2.4.             By Application

8.3.6.     Singapore Type 4 Cylinder Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Material

8.3.6.2.2.             By Diameter

8.3.6.2.3.             By Length

8.3.6.2.4.             By Application

8.3.7.     Malaysia Type 4 Cylinder Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Material

8.3.7.2.2.             By Diameter

8.3.7.2.3.             By Length

8.3.7.2.4.             By Application

9.    Europe Type 4 Cylinder Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Material

9.2.2.     By Diameter

9.2.3.     By Length

9.2.4.     By Application

9.2.5.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Type 4 Cylinder Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Material

9.3.1.2.2.             By Diameter

9.3.1.2.3.             By Length

9.3.1.2.4.             By Application

9.3.2.     United Kingdom Type 4 Cylinder Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Material

9.3.2.2.2.             By Diameter

9.3.2.2.3.             By Length

9.3.2.2.4.             By Application

9.3.3.     France Type 4 Cylinder Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Material

9.3.3.2.2.             By Diameter

9.3.3.2.3.             By Length

9.3.3.2.4.             By Application

9.3.4.     Italy Type 4 Cylinder Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Material

9.3.4.2.2.             By Diameter

9.3.4.2.3.             By Length

9.3.4.2.4.             By Application

9.3.5.     Spain Type 4 Cylinder Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Material

9.3.5.2.2.             By Diameter

9.3.5.2.3.             By Length

9.3.5.2.4.             By Application

9.3.6.     Poland Type 4 Cylinder Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Material

9.3.6.2.2.             By Diameter

9.3.6.2.3.             By Length

9.3.6.2.4.             By Application

9.3.7.     Denmark Type 4 Cylinder Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Material

9.3.7.2.2.             By Diameter

9.3.7.2.3.             By Length

9.3.7.2.4.             By Application

10.  South America Type 4 Cylinder Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Material

10.2.2.  By Diameter

10.2.3.  By Length

10.2.4.  By Application

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Type 4 Cylinder Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Material

10.3.1.2.2.           By Diameter

10.3.1.2.3.           By Length

10.3.1.2.4.           By Application

10.3.2.  Argentina Type 4 Cylinder Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Material

10.3.2.2.2.           By Diameter

10.3.2.2.3.           By Length

10.3.2.2.4.           By Application

10.3.3.  Colombia Type 4 Cylinder Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Material

10.3.3.2.2.           By Diameter

10.3.3.2.3.           By Length

10.3.3.2.4.           By Application

10.3.4.  Peru Type 4 Cylinder Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Material

10.3.4.2.2.           By Diameter

10.3.4.2.3.           By Length

10.3.4.2.4.           By Application

10.3.5.  Chile Type 4 Cylinder Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Material

10.3.5.2.2.           By Diameter

10.3.5.2.3.           By Length

10.3.5.2.4.           By Application

11.  Middle East & Africa Type 4 Cylinder Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Material

11.2.2.  By Diameter

11.2.3.  By Length

11.2.4.  By Application

11.2.5.  By Country

11.3.              Middle East & Africa: Country Analysis

11.3.1.  Saudi Arabia Type 4 Cylinder Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Material

11.3.1.2.2.           By Diameter

11.3.1.2.3.           By Length

11.3.1.2.4.           By Application