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Showing posts with the label Composite Cylinders Market Trends

Asia-Pacific to Lead Composite Cylinders Market till 2024

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Technological advancements and favorable government initiatives to fuel global composite cylinders market through 2024 According to TechSci Research report,  “Global  Composite Cylinders Market  By Product Type, By Outer Casing Material, By End Use Industry, By Region, Competition, Forecast & Opportunities, 2024” , global composite cylinders market is projected to surpass $ 921 million by 2024, backed by growing demand for lightweight, non-corrosive and explosion proof cylinders. Moreover, increasing end user preference for composite cylinders due to their ease of handling and partial visibility is expected to boost the market. The need for gas from a portable source is positively impacting growth of global composite cylinders market. Furthermore, composite cylinders are available with colorful outer casing and barcode application, which helps suppliers in handling and tracking cylinders more efficiently, thereby increasing the demand for composite cylinders all acros...