Global Aluminium Cylinder Market Report and Forecast 2024-2032

Global Aluminium Cylinder Market Outlook

The global aluminium cylinder market is expected to grow at a CAGR of 6.3% during the period 2024-2032. Aluminium cylinders are widely in use due to their lesser weight, anti-corrosive nature and ease of transportation as compared to carbon alloy steel cylinders. Also, aluminium cylinders are better looking than alloy steel cylinders. North America, Europe and Asia are likely to be key markets.

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Global Market Likely to be Driven by Advantages of Aluminium Cylinders Over Steel Cylinders, and Uses in Multiple Applications

Modern aluminium cylinders are light weight, portable and easy to handle; such cylinders are made of aluminium, and are significantly lighter than steel cylinders, making them portable and easy to handle in emergency situations. Steel cylinders are very susceptible to corrosion and start rusting immediately. Thus, oxygen taken from steel cylinders carries iron particles. In all developed countries across the globe, it is mandatory to use aluminium cylinders in medical applications. Further, aluminium cylinders are non-magnetic (as against steel cylinders), hence, widely used in MRI centres and operation theatres. The various types of aluminium cylinders available on the market include high pressure cylinders, disposable/low pressure cylinders, and those used in various applications, including medical, homecare, scuba, beverages, fire extinguishers, sports and fitness, tracking, paintball, IABP machine, soda machine, etc. Such applications are expected to drive the global aluminium cylinder market.

High-quality Products by Leading Companies Likely to Boost Market Growth

Leading manufacturers and exporters offer seamless aluminium high pressure cylinders, aluminium containers, bottles and aerosol cans.

In 1987, Luxfer introduced its own proprietary formula of 6061-T6 aluminium alloy. Marketed as L6X®, the alloy was optimized to enhance its durability, fracture toughness and resistance to tearing and cracking. Over 40 million L6X® cylinders are in service in over fifty countries. In another significant metallurgical advancement, Luxfer introduced its L7X® higher-strength aluminium alloy. Cylinders made from this alloy carry the same dimensions as other aluminium cylinders but have up to fifty percent more capacity because they can be filled to higher pressures. The company offers all-aluminium cylinders that meet standards established by regulatory agencies. The result is a seamless, lightweight aluminium cylinder with consistent wall thickness and naturally corrosion-resistant oxide finish that make it ideal for high-pressure gas containment. Such offerings are expected to boost the global aluminium cylinder market.

Axcel Gases is a renowned aluminium cylinders manufacturer, supplier and exporter in India. Aluminium cylinders are employed where weight of the cylinder is a constraint; as alloy steel cylinders are very heavy as compared to aluminium cylinders, applications that need lighter cylinders use aluminium cylinders. All the Aluminum cylinders are produced as per BS EN ISO 7866:2012 / ISO 7866:2012 / IS 15660 and are equipped with cylinder filling permissions issued by Petroleum & Explosives Safety Organisation (PESO), a Department under Central Govt. Ministry of India).

EKC manufacturers aluminium cylinders from special aluminium alloys. These ISI marked aluminium cylinders may be used for specialty gases, medical gases and other industrial gas uses. Lighter aluminium bottles are becoming increasingly popular in fire extinguisher body applications.

Catalina is a leading manufacturer of high- and low-pressure aluminium compressed gas cylinders. Catalina supplies to over a hundred countries. Catalina’s aluminium cylinders are used in multiple applications, including medical oxygen, specialty and calibration gas, ultra-high purity gases for electronics manufacturing, industrial gas, food and beverage grade CO2, SCUBA, alternative fuel, fire & rescue, and aerospace.

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Market Segmentation

By type, the market is segmented into:

• High Pressure (>2000PSI)
• Low Pressure (<2000PSI)

By application, the market is divided into:

• Medical
• Food and Beverage
• Special and Industrial
• Others

By region, the market is classified into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Key Industry Players in the Market

The report presents a detailed analysis of the following key players in the global aluminium cylinder market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Luxfer Gas Cylinders
• Faber Industrie S.P.A.
• Worthington Industries, Inc.
• Al- Can Exports Private Limited
• Axcel Gases
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report