Report Feature
The future of composite cylinder market in Australia 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 Australia report, download the report brochure.
Composite Cylinders Market in Australia by Segment:
2014-2025 (US $M) (Randomized Data)
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Composite Cylinders Market
in Australia: 2014-2025 (US $M) (Randomized Data)
in Australia: 2014-2025 (US $M) (Randomized Data)
The study includes a forecast for the composite cylinder market in Australia by end use industry, tank type, and composite consumption by fiber type as follows:
Composite cylinder market by end use Industry [Volume (Thousand Units) and Value ($ Million) from 2014 to 2025]:
- Gas Carriers and Storage
- Transportation
- Life Support
- Recreation and Others
Composite cylinder market by tank type [Volume (Thousand Units) and Value ($ Million) from 2014 to 2025]:
- Type II
- Type III
- Type IV
Composite consumption by fiber type [Volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
- Glass Fiber Composites
- Carbon Fiber Composites
- 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 Australia 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
- Market size estimates: Composite cylinder market size estimation in terms of value ($M) and volume (Thousand Units) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, tank type, and composite consumption by fiber type.
- 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.
- Growth opportunities: Analysis on growth opportunities in different end use industry, tank type, and composite consumption by fiber type .
- 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 Australia 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?
Table of Contents
1. Executive Summary
5.2 Emerging Trends in the Composite Cylinder Market
6. Company Profiles of Leading Players
5.1.1 Growth Opportunities (2014-2025) for the Composite Cylinder Market in Australia by End Use Industry
5.1.2 Growth Opportunities (2014-2025) for the Composite Cylinder Market in Australia by Tank Type
5.1.3 Growth Opportunities (2014-2025) for the Composite Consumption in the Composite Cylinder Market in Australia by Fiber Type
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for composite cylinder market in Australia 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)?
- • Which products segments will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in composite cylinder market?
- • What are the business risks and competitive threats in this market?
- • What are emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in composite cylinder market?
- • What are the new developments in the market and which companies are leading these developments?
