|By PR Newswire||
|February 10, 2014 05:00 PM EST||
DUBLIN, February 10, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/pjjrj2/global_oxygen) has announced the addition of the "Global Oxygen Cylinders Market: Trends, Forecast and Opportunity Analysis to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The global oxygen cylinder market is highly fragmented with more than 50 companies supplying oxygen globally for different purposes. The market is expected to reach $1,350 million by 2018. APAC is expected to have maximum growth during the forecast period mainly due to the increased use of oxygen cylinders for medical and industrial purpose. The urbanization in China and India had resulted in increasing pollution as well as rise in several respiratory diseases.
The global oxygen cylinders industry has seen a gradual shift from steel cylinders to aluminum cylinders and in recent years the trend has shifted to an increased use of composite cylinders.
The report describes the safety related issues in SCBA cylinders which will always pose a challenge. The structural inspections must be done annually and the health monitoring system must be tested every three years. Recreational sports that require oxygen cylinders are affected by increased unemployment rates and salary reductions.
The study reveals that new technologies provide more affordability and safer dive because of two-way contact for divers and boats, will attract people towards SCUBA diving. Steel or aluminum cylinders store less gas than equivalently sized composite SCBA cylinders because conventional metallic cylinders cannot withstand high-pressure. The physical properties of composite SCBA cylinders not only extend the practical limit of the cylinders but also increase the gas containment capacity.
It is important for every player serving in industry to be aware of the driver, challenges and emerging trends in the oxygen cylinders market. The report also identifies the emerging trends in the market which have an impact on the way the industry runs. This in-depth research study is designed and intended for use by new entrants, manufacturers, material suppliers, component or structure fabricators, OEMs, investors, executives and consultants focused on the oxygen cylinder industry.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Key Topics Covered:
1. Executive Summary
2. Global Oxygen Cylinders Industry Background and Characteristics
3. Oxygen Cylinders Market Assessment
4. Oxygen Cylinders Market Trends
5. Oxygen Cylinders Market Forecasts
6. Growth opportunities and Emerging Trends in Oxygen Cylinders Market
7. Company Profiles for Leading Players
- Air Liquide
- Faber industry
- Luxfer Gas cylinders
- Scott Safety
- Uttam Air Products
- Worthington cylinders
For more information visit http://www.researchandmarkets.com/research/pjjrj2/global_oxygen
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets