Type 4 Cylinder Market 2017-2027 By Size, Share, Trends, Growth, Forecast | TechSci Research

The global type 4 cylinder market is anticipated to grow at a steady CAGR in the forecast period, 2023-2027. High demand for type 4 cylinders among the passenger and commercial vehicles and storage and transport applications and the growing number of natural gas vehicles worldwide primarily drive the demand for the global type 4 cylinder market. The demand from the other end-user industries like aerospace and defense, construction & infrastructure, and wind energy sectors are further influencing the market demand. Also, the surge in research and development activities to introduce next-generation cylinders and the growing awareness about the advantages of using these cylinders are expected to bolster the global type 4 cylinders market growth over the next five years.

Indoruss Synergy, Quantum Technologies, Aburi Composites, Hexagon Composites ASA, Luxfer Holdings PLC, Ullit SA, Worthington Industries, EKC International Dubai, AMS Composite Cylinders, Time Technoplast Ltd. are the leading players operating in the global type 4 cylinder market.
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