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The future of composite cylinder market in China looks promising with opportunities in gas carriers & storage, transportation, life support, and recreation industries. The major drivers for market growth are increasing number of natural gas vehicles (NGVs) and growing demand for lightweight cylinders with higher pressure requirement and greater gas carrying capacity per cylinder.
Emerging trends which have a direct impact on the dynamics of the industry include the increase in green fleet and development of type V tanks.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of composite cylinder market in China report, download the report brochure.
Composite Cylinders Market in China by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Composite Cylinders Market
in China: 2014-2025 (US $M) (Randomized Data)
The study includes a forecast for the composite cylinder market in China by end use industry, tank type, and composite consumption by fiber type as follows:
Composite cylinder market by end use Industry [Volume (Thousand Units) and Value ($ Million) from 2014 to 2025]:
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Gas Carriers and Storage
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Transportation
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Life Support
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Recreation and Others
Composite cylinder market by tank type [Volume (Thousand Units) and Value ($ Million) from 2014 to 2025]:
Composite consumption by fiber type [Volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
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Glass Fiber Composites
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Carbon Fiber Composites
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Aramid Fiber Composites
On the basis of comprehensive research, Lucintel forecasts that the gas carriers & storage and transportation segments are expected to show above average growth during the forecast period.
Within the composite cylinder market, the transportation segment is expected to remain the largest market by value. Expected growth in the alternative fuel vehicles and increasing requirement of weight reduction with higher gas carrying capacity are the major driving forces that spur growth for this segment over the forecast period.
Some of the features of “Opportunities for the Composite Cylinder Market in China 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
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Market size estimates: Composite cylinder market size estimation in terms of value ($M) and volume (Thousand Units) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, tank type, and composite consumption by fiber type.
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Segmentation analysis: Composite cylinder market size by end use industry (gas carriers and storage, transportation, life support, recreation and others), tank type (Type II, Type III, Type IV), and composite consumption by fiber type (Glass Fiber Composites, Carbon Fiber Composites and Aramid Fiber Composites) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different end use industry, tank type, and composite consumption by fiber type .
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following 7 questions:
Q.1. What are some of the most promising, high-growth opportunities for composite cylinder market in China by end use industry (gas carriers and storage, transportation, life support, recreation and others), tank type (Type II, Type III, Type IV), and composite consumption by fiber type (Glass Fiber Composites, Carbon Fiber Composites and Aramid Fiber Composites)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in composite cylinder market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in composite cylinder market?
Q.7. What are the new developments in the market and which companies are leading these developments?