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Showing posts with the label Type 4 Cylinder Market Trends

Type 4 Cylinder Market to be dominated by Asia-pacific region through 2027

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The growing demand for lightweight storage solutions and innovations in hybrid power vehicles are expected to drive the demand for the global type 4 cylinder market in the forecast period, 2023-2027. According to TechSci Research report, “ Type 4 Cylinder Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global type 4 cylinder market is anticipated to grow at a robust rate in the forecast period, 2023-2027. Type 4 cylinders are made majorly from carbon composite with a polymer line. They are the most expensive and lightest kind of cylinder available on the market. Their low weight makes them suitable for infrequent use applications where maximum portability is the primary requirement, increasing the sales of type 4 cylinders worldwide. The rise in demand for lightweight cylinders with high gas carrying capacity per cylinder and pressure requirements and the surge in demand for transportation storage containers for compressed natural gas (CN...