LPG Gas Cylinder Market Size Forecast – 4.5% CAGR Through 2032
The global LPG gas cylinder market is on an upward trajectory, projected to reach USD 9.65 billion by 2032. According to the latest study by DataIntelo, the market is expanding at a steady compound annual growth rate (CAGR) of 5.7% during the forecast period 2024–2032. This growth is primarily attributed to the rising adoption of liquefied petroleum gas (LPG) as a cleaner, more efficient fuel alternative across residential, commercial, and industrial sectors.
As governments around the world promote cleaner energy initiatives and phase out traditional fuels su