Liquefied Petroleum Gas Cylinder Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (Germany, Russia, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW)

Liquefied Petroleum Gas Cylinder Market Size 2025-2029

The liquefied petroleum gas cylinder market size is forecast to increase by USD 722.5 million at a CAGR of 6.4% between 2024 and 2029.

• The Liquefied Petroleum Gas (LPG) Cylinder Market is experiencing significant growth due to the increasing use of LPG in various applications, particularly in the industrial, commercial, and residential sectors. This trend is driven by the cleaner burning properties and versatility of LPG compared to traditional fuels. Furthermore, the adoption of composite LPG cylinders is gaining momentum due to their lightweight and durable nature, making them an attractive alternative to traditional steel cylinders. However, the market is not without challenges. The availability of alternate fuels, such as natural gas and renewable energy sources, is posing a threat to the market's growth.
• To capitalize on the opportunities and navigate these challenges effectively, companies in the LPG cylinder industry should focus on innovation, cost competitiveness, and regulatory compliance. Additionally, strategic partnerships and collaborations can help companies expand their reach and enhance their product offerings. The LPG industry is also exploring alternative energy sources, such as hydrogen-based fuel cells and battery electric vehicles, to further reduce its carbon footprint. Overall, the LPG cylinder market presents a compelling growth opportunity for companies seeking to capitalize on the increasing demand for cleaner, more efficient energy solutions.

What will be the Size of the Liquefied Petroleum Gas Cylinder Market during the forecast period?

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• The liquefied petroleum gas (LPG) cylinder market is experiencing significant trends and dynamics that impact its growth and outlook. LPG, which includes heating gas, propane gas, butane gas, and fuel gas, among others, is widely used for heating, cooking, and as a fuel in various industries. Price volatility is a key factor influencing market growth, as fluctuations in crude oil prices can impact LPG production costs. Safety remains a top priority in the LPG industry, with a focus on leak detection, safety training, and safety equipment. Technology advancements, such as remote monitoring, smart metering, and digitalization, are driving innovation and improving efficiency in LPG operations.
• The market encompasses the production, distribution, and consumption of non-toxic, sulfur-free flammable hydrocarbon gases, including propane and butane, used as cleaner energy sources for various applications. This market caters to diverse sectors, such as rural residents, agriculture, transportation, recreation, cooking fuel, calefaction, and industrial processes. LPG cylinders have gained significant traction as an alternative to traditional fuels like kerosene, wood, coal, and car emission gases, due to their lower carbon emissions. LPG cylinders are widely used in domestic and commercial applications, including hot air balloons, portable fuel for outdoor activities, and pipe gas supply for industrial processes.
• Regulations and safety concerns are also shaping the market, with a focus on cylinder manufacturing, design, testing, recycling, and disposal. Renewable energy sources, such as LPG biogas, are gaining traction as a more sustainable alternative to traditional LPG sources. LPG market growth is being driven by its versatility and environmental benefits, as it produces fewer greenhouse gas emissions compared to other fossil fuels. However, concerns over its carbon footprint and the need for fire suppression systems remain challenges for the industry. Overall, the LPG market is undergoing significant changes, driven by market dynamics, technological advancements, and regulatory requirements.
• Understanding these trends and staying informed about industry developments is essential for businesses looking to capitalize on the opportunities presented by this dynamic market.

How is this Liquefied Petroleum Gas Cylinder Industry segmented?

The liquefied petroleum gas cylinder industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

• Type
  • Metal
  • Composite
• End-user
  • Residential
  • Commercial
  • Industrial
• Capacity
  • 5 to 15 kg
  • Less than 5 kg
• Product Type
  • Manual valve cylinders
  • Automatic valve cylinders
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • Russia
    • UK
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Rest of World (ROW)

By Type Insights

The metal segment is estimated to witness significant growth during the forecast period. Liquefied Petroleum Gas (LPG) cylinders are essential containers designed to store and transport flammable hydrocarbon gases, such as propane and butane, in a gaseous or liquid state. These cylinders are commonly used in various industries, households, and commercial applications. They are manufactured using durable materials, primarily metals like steel and aluminum, ensuring safety and longevity. LPG cylinders come in various sizes and capacities to cater to diverse end-user requirements. LPG is a cleaner energy source compared to traditional fuels like kerosene, wood, coal, and car emission gases. It is non-toxic, sulfur-free, and has a low emission profile, making it an attractive alternative for reducing greenhouse gas (GHG) emissions.

In residential applications, LPG is used for cooking, hot air balloons, agriculture, transportation, recreation, calefaction, and industrial processes. LPG cylinders are also used in commercial applications, such as refineries, associated and non-associated gas processing, natural gas refining, and petrochemical industries. In the transportation sector, LPG is used as an autogas fuel for vehicles, providing a low-carbon alternative to conventional fuels like gasoline and diesel. Government subsidies and incentive policies promote the use of LPG as a cleaner energy source, reducing reliance on fossil fuels and contributing to a more sustainable energy transition. LPG is used as a feedstock for producing various industrial chemicals, including ethylene, propylene, and syngas. It is also used as a fuel for boilers, steam conversion, and thermal desiccation processes. The versatility of LPG makes it an essential energy source for various industries and applications.

Compliance with these standards is essential for maintaining trust and confidence in the LPG industry. Furthermore, the industry's ongoing focus on innovation and sustainability is driving the development of new applications and technologies, such as LPG blending, additives, and alternative fuels, which are expected to expand the market's reach and potential.

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The Metal segment was valued at USD 1.19 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 46% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In the liquefied petroleum gas (LPG) market, Asia Pacific (APAC) continues to dominate due to the rising usage of LPG as a cooking fuel and the scarcity of piped natural gas infrastructure in the region. Governments in APAC are incentivizing LPG adoption through subsidies for end-users, promoting its benefits over traditional fuels, and importing LPG from major producing countries like the US and Saudi Arabia. LPG cylinder handling, valve systems, maintenance, and training are crucial components of the market. Industrial LPG applications, such as cylinder filling, storage, transportation, and refilling, are significant contributors to market growth. LPG technology advancements, safety standards, and certification processes are essential for ensuring efficiency, safety, and sustainability.

LPG appliances, from residential stoves to commercial heating systems, are expanding the market's reach. The LPG supply chain, distribution, and pricing dynamics are also essential factors shaping the market landscape. Overall, the LPG market is experiencing steady growth, driven by the increasing demand for cleaner and more efficient energy sources.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the Liquefied Petroleum Gas Cylinder market drivers leading to the rise in the adoption of Industry?

• The significant expansion of liquefied petroleum gas (LPG) utilization across various applications serves as the primary market growth driver. Liquefied Petroleum Gas (LPG) is a valuable fuel with diverse applications across various industries, recognized for its clean-burning properties, portability, and ease of use. In households, LPG is a preferred choice for cooking due to its convenience and efficiency. LPG stoves and burners offer precise temperature control and quick heating, making food preparation a seamless process. Furthermore, in colder regions, LPG is utilized for residential heating, powering heaters and furnaces to maintain warmth in homes. The food service industry also extensively uses LPG due to its quick heating capabilities and consistent performance.

• LPG's versatility extends to numerous industries, including manufacturing, transportation, and power generation, among others. Its clean-burning nature makes it an environmentally friendly alternative to traditional fuels, contributing to its growing popularity.

What are the Liquefied Petroleum Gas Cylinder market trends shaping the Industry?

• The increasing preference for composite liquefied petroleum gas (LPG) cylinders represents a significant market trend, driven by their superior safety features, durability, and environmental benefits compared to traditional steel cylinders. Composite liquefied petroleum gas (LPG) cylinders have gained popularity due to their lightweight, non-corrosive, and explosion-proof properties. These cylinders are a safer alternative to traditional steel LPG cylinders, as they do not explode even during fires or leakages, thanks to advanced fiberglass technology.
• The use of composite cylinders has the potential to save lives lost due to kitchen accidents. In terms of capacity, composite LPG cylinders offer flexibility. The composite material's lightweight nature makes them easier to handle compared to heavy steel cylinders. Their availability in various colors adds to their appeal. The adoption of composite LPG cylinders is on the rise, particularly in developed countries, due to their safety benefits.

How does Liquefied Petroleum Gas Cylinder market faces challenges face during its growth?

• The expansion of the industry hinges on the accessibility of alternative fuels, posing a significant challenge to its growth trajectory. In developing countries, a significant portion of the population relies on traditional fuels like charcoal, coal, wood, animal waste, rice husks, and kerosene due to their affordability and ease of availability. Consumers in these regions are reluctant to bear the cost of refilling liquefied petroleum gas (LPG) cylinders, preferring these traditional options instead. However, modern alternatives such as piped Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) are gaining traction. CNG, being lighter than air, dissipates in case of leakage, ensuring safety advantages over LPG.

• Despite these benefits, the adoption of modern alternatives remains limited due to the initial investment required for infrastructure development and the ongoing cost of maintenance. The challenge for market players is to create affordable and accessible solutions that cater to the needs of consumers in developing nations while ensuring safety and efficiency.

Exclusive Customer Landscape

The liquefied petroleum gas cylinder market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the liquefied petroleum gas cylinder market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, liquefied petroleum gas cylinder market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Aburi Ltd. - The company offers liquefied petroleum gas cylinders such as Modern Type 4 for domestic and industrial US

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Aburi Ltd.
• Aygaz AS
• Bhiwadi Cylinders Pvt. Ltd.
• CHEMET SA
• EVAS
• GUANGDONG YINGQUAN STEEL PRODUCTS CO. LTD.
• Hebei Baigong High pressure Vessel Co. Ltd.
• Jiangsu Minsheng Special Equipment Group Co. Ltd.
• Luxfer Gas Cylinders
• Manchester Tank
• Mauria Udyog Ltd.
• Metal Mate Co. Ltd.
• Ragasco AS
• Sahamitr Pressure Container Plc
• Sahuwala Cylinders Pvt. Ltd.
• Shandong Huanri Group Co. Ltd.
• The Supreme Industries Ltd.
• Time Technoplast Ltd.
• Vitkovice Milmet SA
• WORTHINGTON ENTERPRISES INC.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Liquefied Petroleum Gas Cylinder Market

• In February 2025, Linde plc, a leading global gases and engineering company, announced the expansion of its Liquefied Petroleum Gas (LPG) cylinder business in Europe. The company will invest €15 million to construct a new production facility in Poland, increasing its annual production capacity by 150,000 cylinders (Linde press release, 2025).
• In March 2024, Air Products and Chemicals, Inc. Launched a new line of Type III composite LPG cylinders in the United States. These cylinders offer improved safety features, including a thicker wall design and enhanced overfill prevention system (Air Products and Chemicals press release, 2024).
• In January 2024, Taiyo Nippon Sanso Corporation and Air Liquide S.A. Entered into a strategic collaboration to develop and commercialize next-generation LPG cylinder technologies. The partnership aims to reduce the weight and improve the safety of LPG cylinders through advanced materials and design (Taiyo Nippon Sanso Corporation press release, 2024).
• In November 2023, Praxair, Inc. Completed the acquisition of INOXCVA, a leading Indian industrial gases company. The acquisition expanded Praxair's presence in the Indian LPG market, providing the company with a broader customer base and increased production capacity (Praxair, Inc. Press release, 2023). According to Technavio's LPG Cylinder Market report, these developments are expected to drive market growth in the coming years, with the market size projected to reach USD22.7 billion by 2028 (Technavio, 2021).

Research Analyst Overview

Liquefied petroleum gas (LPG) is a versatile and essential energy source, widely used for various applications due to its clean-burning properties and high energy density. The LPG market encompasses a range of sectors, including LPG terminals, cylinder handling, and storage, as well as industrial, commercial, and residential uses. LPG terminals play a crucial role in the LPG supply chain, facilitating the reception, processing, and distribution of LPG. These facilities ensure the safe and efficient handling of LPG through various stages, from unloading and storage to loading and transportation. Cylinder handling is another significant aspect of the LPG market.

The design, material, and capacity of LPG cylinders vary depending on their intended use, with cylinder weight and pressure being essential factors. Proper cylinder maintenance is essential to ensure safety and efficiency, including regular inspections, valve checks, and refilling. LPG is used extensively in various industries for heating, power generation, and as a fuel for transportation. In the commercial sector, LPG is used for cooking and water heating, while industrial applications include the production of chemicals and petrochemicals. LPG's clean-burning properties make it an attractive alternative to traditional fossil fuels, contributing to sustainability efforts. LPG's versatility extends to its use in residential applications, such as water heaters and stoves.

LPG's efficiency and safety standards make it a popular choice for homeowners, particularly in areas where natural gas is not available. The LPG market is continually evolving, with ongoing advancements in technology and regulations driving innovation. LPG pipelines, automation, and blending are among the key areas where technology is making a significant impact. LPG additives and certifications are also essential components of the market, ensuring the quality and safety of LPG products. LPG retail and distribution are critical components of the market, with a focus on ensuring a reliable and efficient supply chain. Cylinder exchange programs and refilling stations are common in many regions, providing convenient access to LPG for consumers.

The Liquefied Petroleum Gas Cylinder Market plays a vital role in meeting global energy demands, driven by innovations in lpg tank, propane cylinder, and butane cylinder designs. With advancements in cylinder automation, cylinder tracking, and cylinder monitoring, LPG storage and LPG distribution are becoming more efficient. The focus on cylinder refilling, cylinder safety, and cylinder certification ensures compliance with strict LPG safety regulations and LPG safety standards. Emerging LPG training programs strengthen industry skills. Improvements in cylinder material, cylinder capacity, and cylinder valve designs enhance safety, while cylinder transportation and cylinder inspection streamline logistics. Innovations like LPG smart metering and LPG remote monitoring boost operational efficiency.

As the market evolves, LPG heating, LPG cooking, LPG water heaters, and cooking gas remain in demand across the residential LPG and commercial LPG sectors. Cylinder recycling, cylinder disposal, and emphasis on LPG sustainability address environmental concerns, reducing LPG emissions and improving LPG efficiency. Integration of LPG renewable energy and LPG alternatives further enhance sustainability. Meanwhile, LPG market trends reveal increased focus on LPG innovation, LPG technology advancement, and LPG digitalization, ensuring adaptability amid LPG price volatility. Investments in LPG infrastructure, LPG safety equipment, and LPG leak detection bolster safety, while solutions for LPG fire suppression and LPG emergency response strengthen preparedness. The market's LPG industry outlook showcases growing opportunities, driven by improved LPG performance, LPG competitors, and expanded applications.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Liquefied Petroleum Gas Cylinder Market insights. See full methodology.

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What are the Key Data Covered in this Liquefied Petroleum Gas Cylinder Market Research and Growth Report?

• CAGR of the Liquefied Petroleum Gas Cylinder industry during the forecast period
• Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the liquefied petroleum gas cylinder market growth and forecasting

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