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COVID-19 Impact on Global Industrial Gas Cylinder, Market Insights and Forecast to 2026

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In this report, the COVID-19 Impact on Global Industrial Gas Cylinder market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. COVID-19 Impact on Global Industrial Gas Cylinder market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-global-industrial-gas-cylinder-market-insights-and-forecast-to-2026

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Industrial gas cylinders refer to the reusable inflation under normal environment (-40 ~ 60 ℃), the nominal working pressure is 1.0 ~ 30MPa (gauge pressure), the nominal volume is 0.4 ~ 1 000 L containing permanent gas, liquefied gas or Mobile pressure vessel for dissolved gas. The report mainly counts industrial gas cylinders used for large enterprises such as oxygen, nitrogen, carbon dioxide, and industrial liquefied petroleum gas, and natural gas, while vehicle gas cylinders such as LNG gas cylinders and CNG gas cylinders are not included in the statistics.

China has now become the largest producer of industrial gas cylinders. Not only can it meet the needs of the domestic market, but also a large number of industrial gas cylinders are exported to Europe and the United States, Southeast Asia and Central Africa every year. Industrial gas cylinders have good market prospects. Although the new coronary pneumonia in 2020 has had a certain negative impact on the market, the epidemic situation in China has improved, and many countries around the world have taken active prevention and control measures against the epidemic situation. The market will return to normal.

Market Analysis and Insights: Global Industrial Gas Cylinder Market

Prior to COVID-19, the market for Industrial Gas Cylinder was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of XX% during 2021–2026, whereas post-COVID-19 scenario, the market for Industrial Gas Cylinder is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026. The solicitation of proposals by the governments and public–private companies across the world to mitigate the impact of the COVID-19 pandemic is the key factor propelling the growth of the Industrial Gas Cylinder market.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 200 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Industrial Gas Cylinder market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyzes the impact of Coronavirus COVID-19 on the Industrial Gas Cylinder industry.

Global Industrial Gas Cylinder Scope and Segment

Industrial Gas Cylinder market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Gas Cylinder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

Sinoma Technology Co., Ltd.

Worthington Industries

Rama Cylinders

Faber Industrie

Ningbo Meike Acetylene Bottle Co., Ltd.

Luxfer Group

Beijing Tianhai Industry Co., Ltd.

Hebei Baigong Industrial Co., Ltd.

Lianyungang Zhongfu Lianzhong Composite Materials Group Co., Ltd.

Everest KantoCylinders

Chart Industries

Industrial Gas Cylinder Breakdown Data by Type

Steel Industrial Gas Cylinder

Aluminum Industrial Gas Cylinder

Composite Industrial Cylinder

Industrial Gas Cylinder Breakdown Data by Application

General Industry

Chemical Energy

Food Industry

Medical Industry

Other

Regional and Country-level Analysis

The Industrial Gas Cylinder market is analysed and market size information is provided by regions (countries).

The key regions covered in the Industrial Gas Cylinder market report are North America, Europe, China, Japan, India and Southeast Asia. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-global-industrial-gas-cylinder-market-insights-and-forecast-to-2026

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