According to a new country report published by Lucintel, the future of the composites cylinder market in the United States looks promising with opportunities in gas carriers & storage, transportation, life support, and recreation industries. The composites cylinder market in the United States is primarily driven by increasing number of natural gas vehicles (NGVs) and growing demand for lightweight cylinders with higher pressure requirement and greater gas carrying capacity per cylinder.
This report studies factors affecting the composites cylinder market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that cylinders will remain the largest segment by value and Type IV by volume. Within the composites cylinder market in the United States, transportation will remain the largest end use industry by value and gas carrier & storage by volume. Transportation segment is also expected to witness highest growth over the forecast period due to the expected growth in the demand for bulk transportation cylinders and unavailability of proper gas pipeline infrastructure.
Emerging trend, which have direct impact on the dynamics of the composites cylinder industry, include development of type V tank, and increase in green fleet.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the composites cylinder market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Composites Cylinder Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the composites cylinder market in the United States by end use industry, tank type, and composite demand by fiber type as follows:
Composites Cylinder Market by End Use Industry [Volume (Thousand Unit) and $M shipment analysis from 2014 to 2025]:
• Gas Carriers and Storage
• Transportation
• Life Support
• Recreation and Others
Composites Cylinder Market by Tank Type [Volume (Thousand Unit) and $M shipment analysis from 2014 to 2025]:
• Type II
• Type III
• Type IV
Composite by Fiber Type [Volume (Million lbs.) and Value ($ Million) from 2014 to 2025]:
• Glass Fiber Composites
• Carbon Fiber Composites
• Aramid Fiber Composites
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/composites-cylinder.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com |