Rigid Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Tanks & Cylinders
Overview
Market size
$8.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
5 high severity
Market outlook
2031$11.0B
What changed
Demand by region
Asia Pacific demand39%
North America demand24%
Europe demand23%
Rest of world demand14%
share of global demandtotal 100%
Cost drivers
Steel and aluminum raw materials45%
Carbon fiber and resin composites18%
Manufacturing energy and heat treating15%
Direct labor and precision machining12%
Outbound logistics and freight10%
share of delivered cost (analyst estimate)