According to a recent market study published by Growth Market Reports, titled, “Global LPG Cylinder Market by propulsion, by capacity, by automation level, by end use and by sales channel: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 15,654.12 Million in 2022 and is anticipated to grow at a growth rate 7.2% by the year 2031.

Liquefied petroleum gas (LPG) cylinder, commonly known as an LPG gas cylinder, is a container used to store and transport liquefied petroleum gas for domestic, commercial, and industrial purposes. LPG is a mixture of hydrocarbon gases, mainly propane and butane, which are compressed and stored in liquid form under moderate pressure. LPG cylinders are widely used as a clean and efficient source of energy for cooking, heating, and various other applications. They are commonly used in households, restaurants, hotels, and small business that do not have access to a natural gas supply. The cylinders are typically made of steel and have various safety features, including pressure relief valves and protective caps. The capacity of an LPG cylinder can vary depending on size.

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The LPG cylinder market is an essential segment of the global energy industry, providing a clean and efficient energy solution to millions of people across the globe. It is influenced by factors such as population growth, urbanization, economic development, and government policies promoting the use of clean energy sources. LPG is considered cleaner than traditional fossil fuels, emitting low levels of harmful pollutants and greenhouse gases. As environmental concerns rise, consumers and industries are increasingly adopting LPG cylinders as a sustainable energy alternative. The combustion of LPG produces fewer particulate matter and sulfur dioxide, contributing to improved air quality. Additionally, high energy content and efficient combustion of LPG result in improved fuel efficiency and reduced wastage. Consumers seek clean and green solutions. The LPG cylinder market continues to expand, providing a clean and efficient energy source for various applications from household cooking to industrial processes. Accidents related to gas leaks, explosions, and fire caused by improper handling, storage, or manufacturing of LPG cylinders have raised public alarm.

Governments and regulatory bodies respond by imposing strict safety standards, making it challenging for small manufacturers to comply and compete. Consumer confidence in LPG usage also declines, impacting the demand. Therefore, industry players need to invest in research, development, and implementation of advanced safety technologies. Educating consumers about proper usage and handling of LPG cylinders can help build trust and mitigate safety apprehensions. Ultimately, prioritizing safety and adherence to safety protocols is crucial to sustaining and growing the LPG cylinder market. LPG-powered vehicles are gaining popularity globally, with a rising focus on eco-friendly transportation solutions. LPG autogas offers several advantages, including low emissions, cost-effectiveness, and widespread availability. The demand for LPG cylinders as fuel for automobiles is expected to surge in the coming years, as government and consumers increasingly prioritize environmental sustainability.

The outbreak of Coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic raised concerns among economies and businesses by shifting the focus on the online supply of consumer electronic gadgets & automotive components and creating manufacturing issues. The COVID-19 outbreak is an unsurpassed public health emergency that impacted almost every industry across the globe. The long-term effects are expected to impact the growth of various industries during the forecast period, especially in the US and across Eastern Europe, European Union, and Eastern & Central Asia.

Key Takeaways from the Study:

  • Key players operating in the market Aburi Companies, Aygaz, Bharat Petroleum Corporation Limited, Confidence Group, EVAS, Hexagon Ragasco AS, Hubei Daly LPG Cylinder Manufacturer Co., Ltd, Indian Oil Corporation Limited, Kautex Maschinenbau, Mauria Udyog Ltd., TotalEnergies, and Worthington Industries Inc. These companies are considered key manufacturers of terminal tractor based on their revenue, research development (R&D) activities, Gauge Type offerings, regional presence, and supply chain management system.  

  • Steel is by far the most common material when it comes to LPG cylinder manufacturing, as it is the easiest to fabricate and it is a low-cost material. 304 stainless steel fills many of the requirements when it comes to gas cylinders.  The most popular of the stainless steels, it is alloyed with a combination of chromium/nickel and classified as an austenitic stainless steel.  It is nonmagnetic, and its microstructure allows it to resist heavy impacts. Composite cylinder material is the most recent innovation in terms of gas cylinder material, these are typically fiberglass with a high impact plastic outer shell. Some have an inner lining of HDPE (High Density Polyethylene) whilst other have a thin steel liner.

  • Small LPG cylinder, with up to 9 Kg of weight, is a handy and easy to use portable gas container that is designed for domestic and commercial use.  It is a safe and environment-friendly, which is available to the users instantly without requiring any documentation such as address proof. It can be purchased without any hassles and has the provision to refill instantly. When not required, there is a buyback provision, which further adds to the ease and portability. A medium sized LPG cylinders with 9 to 20Kg of weight, is one of the majorly used cylinders in terms of size. Cylinders with such capacity are suitable for those who require a large amount of gas for their daily use, while still being able to carry it easily. Large size LPG gas cylinders with more than 20 Kgs of weight are available in multiple sizes such as 45Kg, 90Kg, 210Kg, and others to cater residential and business needs.

  • The use of LPG has been growing worldwide, especially in residential application, due to the convenience that it offers. LPG heats quickly and provides improved efficiency than even the majority of improved biomass stoves. LPG stoves can also be controlled precisely to match the user requirements and can save time for cooking & cleaning the kitchen. Additionally, LPG can be transported, stored, and used anywhere. The basic difference between commercial and domestic cylinders is in the amount of gas used as well as the quantity of gas present in the cylinder. Usually, a residential cylinder weighs under 15Kgs, whereas a commercial LPG cylinder weighs in the range of 19 to 49Kgs. LPG has gained massive popularity in the automobile industry. The clean fuel is a good alternative to diesel. It has a very minimal discharge of carbon dioxide (CO2), as LPG gas mostly consists of propane and butane.

  • LPG cylinders come in various shapes and sizes, which have an impact on how they are transported. Direct sales involve the sale of LPG cylinders directly from manufacturer without intervention of any third party. Retail outlets are entities or businesses that operate in the supply chain between manufacturers and authorized vendors. Online sales include sales of LPG cylinders through online medium such as company owned websites or through website of authorized distributor/vendor.

Report Scope:

Report Metric


Market Value in 2022

US$ 15,654.12 Million

Market Growth Rate (from 2016 to 2030)

7.2 %

Historical Data

2016 to 2022

Base Year


Forecast Period

2023 - 2031

Units Considered

Value (US$ Million)

Market Segments

By Material, By Size, By Application, By Distribution Channel, and By Region.

Key Companies Profiled

Aburi Companies, Aygaz, Bharat Petroleum Corporation Limited, Confidence Group, EVAS, Hexagon Ragasco AS, Hubei Daly LPG Cylinder Manufacturer Co., Ltd, Indian Oil Corporation Limited, Kautex Maschinenbau, Mauria Udyog Ltd., TotalEnergies, and Worthington Industries Inc.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Direct Sales, Retail Outlets and Online Sales.

  • Demand Side: Residential, Commercial, Industrial, and Automobile.