The production of LPG Regulators for Cylinders will increase to 99692 K Units in 2017 from 85184 K Units in 2012 with average growth rate of 3.19%.
This report studies the LPG Regulators for Cylinders market. Regulators are used to reduce the pressure of gas in the cylinder to a lower pressure that is more suitable for the appliance and to keep the pressure fixed (within limits) at that value.
LPG Regulators for Cylinders has three types, which include Low Pressure Regulator, Middle Pressure Regulator and High Pressure Adjustable Regulator. And each type has application industries relatively. With effect in application process of LPG Regulators for Cylinders, the downstream application industries will need more LPG Regulators for Cylinders products. So, LPG Regulators for Cylinders has a huge market potential in the future.
LPG Regulators for Cylinders industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world LPG Regulators for Cylinders industry. The main market players are Emerson, Cavagna Group, Rotarex, EFFBE, ECP Industries and Mauria Udyog.
In consumption market, the global consumption value of LPG Regulators for Cylinders increases with the 3.2% average growth rate. India and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 47% of the global consumption volume in total.
The major raw materials for LPG Regulators for Cylinders are metal sheets, fluxes, welding wires, paint, valve, and other components. Fluctuations in the price of the upstream product will impact on the production cost of LPG Regulators for Cylinders.
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