Industrial Gas Cylinders Global Market Report 2026

Industrial gas cylinders are high-pressure vessels designed for the storage and transportation of compressed, liquefied, or dissolved gases used in various industrial applications. They provide secure containment and controlled gas release to ensure operational efficiency and safety. Constructed from durable materials, these cylinders offer long service life, reliability, and resistance to leakage, maintaining consistent gas quality during use.

The primary types of industrial gas cylinders include steel, aluminum, composite, and others. Steel cylinders are durable containers made from high-strength steel, specifically engineered to safely store and transport gases at high pressure. These cylinders are used for gases such as oxygen, nitrogen, argon, carbon dioxide, acetylene, hydrogen, and more, and are available in different sizes, including small, medium, and large. They find applications across sectors such as general industry, chemical energy, food processing, and healthcare, serving end users including manufacturing and processing plants, pharmaceutical and medical facilities, food and beverage producers, and chemical industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the industrial gas cylinders market by increasing costs of imported steel, aluminum, and composite materials. Manufacturing, healthcare, and chemical industry segments are most affected, particularly in Asia Pacific and North America. These tariffs have raised cylinder production costs and extended delivery timelines. Supply chain constraints have influenced availability of high pressure cylinders. However, tariffs have encouraged local cylinder manufacturing and material sourcing diversification.

The industrial gas cylinders market research report is one of a series of new reports from The Business Research Company that provides industrial gas cylinders market statistics, including industrial gas cylinders industry global market size, regional shares, competitors with a industrial gas cylinders market share, detailed industrial gas cylinders market segments, market trends and opportunities, and any further data you may need to thrive in the industrial gas cylinders industry. This industrial gas cylinders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial gas cylinders market size has grown strongly in recent years. It will grow from $7.41 billion in 2025 to $7.9 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to industrial gas consumption growth, healthcare infrastructure expansion, metal fabrication demand, welding industry development, industrial safety regulations.

The industrial gas cylinders market size is expected to see strong growth in the next few years. It will grow to $10.12 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to hydrogen economy development, healthcare gas demand growth, advanced manufacturing expansion, lightweight cylinder adoption, stricter safety standards. Major trends in the forecast period include rising demand from manufacturing industries, growing use in medical and healthcare applications, expansion of hydrogen and specialty gas storage, increased adoption of composite cylinders, focus on safety and regulatory compliance.

The increase in natural gas production is expected to drive the growth of the industrial gas cylinders market going forward. Natural gas is a fossil fuel primarily composed of methane (CH4) along with smaller quantities of hydrocarbons such as ethane, propane, and butane. The rising demand for liquefied natural gas exports and elevated energy prices are stimulating drilling activity across major production regions, leading to record-high natural gas output levels. Greater natural gas production necessitates expanded storage and transportation infrastructure, with cylinders serving as essential vessels for safely containing compressed gases during distribution from production sites to end users. For instance, according to the United States Energy Information Administration, a United States-based government agency, in July 2025, domestic dry natural gas production rose to 3,348 billion cubic feet, averaging 108.0 billion cubic feet per day, marking a 3.7% increase compared to July 2024. Therefore, the increase in natural gas production is driving the growth of the industrial gas cylinders market.

Key companies operating in the industrial gas cylinders market are focusing on developing lightweight gas containers such as 70 bar calibration gas cylinders to meet the growing demand for efficient and user-friendly gas storage solutions. 70 bar calibration gas cylinders are high-pressure containers used to store and deliver precise gas mixtures for testing and instrument calibration, offering improved safety, portability, and durability for industrial and field operations. For instance, in August 2024, Luxfer Gas Cylinders, a United States-based manufacturer of high-pressure composite and aluminum cylinders, introduced the A981/1/l, a portable calibration gas cylinder with a service pressure of 70 bar and a weight of only 0.8 kg. The cylinder is made using Luxfer's proprietary aluminum alloy and process, providing stable internal surfaces for a longer shelf life of unstable gas blends and full compliance with TPED and DOT standards. It accommodates a range of calibration gases, including methane, oxygen, nitrogen oxide, and carbon monoxide, delivering robust containment and superior performance for industrial gas producers and calibration gas users across multiple applications.

In September 2023, Air Water America Inc., a United States-based industrial gas company, acquired American Gas Products LLC for an undisclosed amount. This acquisition aims to strengthen Air Water America's industrial gas presence in North America by ensuring a reliable helium supply, expanding its market share in balloon helium, and supporting growth in key sectors such as healthcare and semiconductors while improving purchasing power and supply stability. American Gas Products LLC is a United States-based manufacturer and supplier of a broad range of industrial gas cylinders.

Major companies operating in the industrial gas cylinders market are Tenaris S.A., Chart Industries Inc., CIMC Enric Holdings Limited, Worthington Enterprises Inc., TriMas Corporation, Hexagon Composites ASA, Luxfer Holdings PLC, Everest Kanto Cylinder Ltd., Sharpsville Container Corporation, Norris Cylinder Company, Faber Industrie S.p.A., Rama Cylinders Pvt Ltd., TAIYO Co. Ltd., Shanghai Bene High Pressure Container Co. Ltd., Beijing Tianhai Industry Co. Ltd., Lianyungang Zhongfu Lianzhong Composite Materials Group Co. Ltd., Ningbo Meike Acetylene Bottle Co. Ltd., Jingcheng Machinery Electric Co. Ltd., Hengyang JinHua High Pressure Container Co. Ltd., AMS Composite Cylinders, Catalina Cylinders, Time Technoplast Ltd., Aburi Composites, Hexagon Ragasco, Cylinders Holding Group, Liaoning Alsafe Technology

Asia-Pacific was the largest region in the industrial gas cylinders market in 2025. The regions covered in the industrial gas cylinders market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the industrial gas cylinders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The industrial gas cylinders market consists of sales of oxygen gas cylinders, nitrogen gas cylinders, argon gas cylinders, hydrogen gas cylinders, carbon dioxide gas cylinders, helium gas cylinders, and acetylene gas cylinders. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Industrial Gas Cylinders Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses industrial gas cylinders market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for industrial gas cylinders ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The industrial gas cylinders market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Steel Cylinders; Aluminum Cylinders; Composite Cylinders
• 2) By Gas Type: Oxygen; Nitrogen; Argon; Carbon Dioxide; Acetylene; Hydrogen; Other Gas Types
• 3) By Cylinder Size: Small Cylinders; Medium Cylinders; Large Cylinders
• 4) By Application: General Industry; Food Industry; Medical Industry; Other Applications
• 5) By End-User: Manufacturing And Processing Industries; Healthcare And Pharmaceuticals; Food And Beverages; Chemical Industries; Other End-Users
• Subsegments:
• 1) By Steel Cylinders: Seamless Steel Cylinders; Welded Steel Cylinders; High-Pressure Steel Cylinders; Low-Pressure Steel Cylinders
• 2) By Aluminum Cylinders: Seamless Aluminum Cylinders; Welded Aluminum Cylinders; High-Pressure Aluminum Cylinders; Low-Pressure Aluminum Cylinders
• 3) By Composite Cylinders: Fiber-Wrapped Composite Cylinders; Metal-Lined Composite Cylinders; Fully Wrapped Composite Cylinders; Hybrid Composite Cylinders
• Companies Mentioned: Tenaris S.A.; Chart Industries Inc.; CIMC Enric Holdings Limited; Worthington Enterprises Inc.; TriMas Corporation; Hexagon Composites ASA; Luxfer Holdings PLC; Everest Kanto Cylinder Ltd.; Sharpsville Container Corporation; Norris Cylinder Company; Faber Industrie S.p.A.; Rama Cylinders Pvt Ltd.; TAIYO Co. Ltd.; Shanghai Bene High Pressure Container Co. Ltd.; Beijing Tianhai Industry Co. Ltd.; Lianyungang Zhongfu Lianzhong Composite Materials Group Co. Ltd.; Ningbo Meike Acetylene Bottle Co. Ltd.; Jingcheng Machinery Electric Co. Ltd.; Hengyang JinHua High Pressure Container Co. Ltd.; AMS Composite Cylinders; Catalina Cylinders; Time Technoplast Ltd.; Aburi Composites; Hexagon Ragasco; Cylinders Holding Group; Liaoning Alsafe Technology
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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