LPG Cylinder Market Expects Climate Change Concerns to Boost Future Demand Owing To Its Clean Nature - MarketIntelReports

LPG Cylinder Market Safety, Spurred by Integration of Pressure Relief Valve, Predicted to Improve Significantly By 2021

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Delaware, March 09, 2017 (GLOBE NEWSWIRE) -- The report “Global LPG Cylinder Market by Manufacturers, Regions, Type and Application, Forecast to 2021”, available on MarketIntelReports, estimates that favorable government initiatives will be key to future growth in demand and revenue.

Browse numerous Market Tables as well as Figures which are spread through 116 Pages and an in-depth TOC on the “LPG Cylinder Market 2016 - 2021http://www.marketintelreports.com/report/glfr888/global-lpg-cylinder-market-by-manufacturers-regions-type-and-application-forecast-to-2021

Scope & Regional Forecast of the LPG Cylinder Market

Liquefied petroleum gas consists of a flammable mixture of various hydrocarbons in gaseous form. It widely serves as fuel in various devices like vehicles, cooking food devices and heating machines. On the other hand, an LPG cylinder serves as an effective storage device. LPG gas suppliers came up with this oddly shaped contraption to ensure that petroleum gas can be stored and transported easily. The LPG gas cylinder also comes in useful for inflating hot air balloons, fishing and hospitality. Thus, the LPG Cylinder Market is well positioned to register strong growth during the forecast period of 2016-2021.  

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The LPG Cylinder Market has several advantages going for it. Out of all the refined fuel varieties, LPG has been found to be the cleanest. When it comes to electricity generation, LPG suppliers have found that coal generates more than twice the carbon dioxide that LPG usually does. In some cases, the cooking gas cylinder has been found to emit less carbon and more energy when compared to butane and propane respectively.

A couple of decades ago, the LPG Cylinder Market was wrecked with complaints regarding LPG safety. Since then, LPG gas suppliers have come up with various advances like the pressure relief valve to ensure maximum LPG cylinder safety. This development in combination with various government initiatives like the LPG gas subsidy have ensured that many people have adopted this product for cooking, heating and transportation purposes.

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Prominent Segmentations Involved in the LPG Cylinder Market

The LPG Cylinder Market can be broken down into various segmentations on the basis of -

  • Geography: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and Latin America, Middle East and Africa.
  • Type: LPG Steel Cylinders, LPG Composite Cylinders and Others.
  • Application: Kitchen and Domestic Use, Automotive Use and Others.

Some of the sample companies profiled in the LPG Cylinder Market report are as follows:

  • Sahamitr Pressure Container
  • Amtrol-Alfa
  • Mauria Udyog
  • Aygaz
  • Butagaz
  • EVAS
  • Worthington Industries
  • Bhiwadi Cylinders
  • MetalMate
  • Gaz Liquid Industrie (GLI)

 Why buy this report?

  • Get a detailed picture of the LPG Cylinder Market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market’s major players and leading brands.
  • A five-year forecast method is used in order to assess how the market is predicted to develop.

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