Global LPG Cylinder Valve Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Safety Valves, Self-Closing Valves, Forklift Valves, Prest-O-Lite (POL) Valves, and Quick-On Valves and Others.

By Application;

Oil & Gas Production, Gas Pipeline Transportation, and Municipal Gas.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn286948182 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global LPG Cylinder Valve Market (USD Million), 2021 - 2031

In the year 2024, the Global LPG Cylinder Valve Market was valued at USD 8,607.69 million. The size of this market is expected to increase to USD 15,704.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.


Global LPG Cylinder Valve Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.0 %
Market Size (2024)USD 8,607.69 Million
Market Size (2031)USD 15,704.90 Million
Market ConcentrationMedium
Report Pages303
8,607.69
2024
15,704.90
2031

Major Players

  • Cavagna Group S.p.A.
  • Mauria Udyog Limited
  • Repkon
  • GCE Group
  • Kosan Crisplant
  • Cavagna Group Asia Pacific Pte Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global LPG Cylinder Valve Market

Fragmented - Highly competitive market without dominant players


The Global LPG Cylinder Valve Market is witnessing significant growth due to the increasing demand for liquefied petroleum gas (LPG) as a clean and efficient energy source across various industries. LPG cylinder valves play a crucial role in the safe storage, transportation, and distribution of LPG. These valves are designed to regulate the flow of LPG from cylinders to various end-use applications, ensuring safety and efficiency throughout the process.

Rapid urbanization, industrialization, and infrastructure development, particularly in emerging economies, are driving the demand for LPG cylinder valves. Moreover, government initiatives promoting clean energy sources, coupled with the growing awareness of environmental sustainability, are further fueling market growth. Technological advancements, such as the integration of Internet of Things (IoT) technology and the development of advanced valve designs, are also contributing to market expansion by enhancing safety, reliability, and operational efficiency.

This report provides a comprehensive analysis of the Global LPG Cylinder Valve Market, including market size, growth trends, revenue analysis for both historic and forecast periods, and competitive landscape analysis. By segmenting the market based on type, application, and geographical region, the report offers valuable insights to industry stakeholders, enabling them to identify key growth opportunities and formulate strategic business decisions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global LPG Cylinder Valve Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing LPG demand
        2. Increasing urbanization
        3. Government initiatives
        4. Safety regulations compliance
        5. Technological advancements
      2. Restraints
        1. Fluctuating raw material prices
        2. Safety concerns
        3. Stringent regulations
        4. Competition from substitutes
        5. Lack of awareness
      3. Opportunities
        1. Emerging economies growth
        2. Technological innovation
        3. Increasing investments
        4. Product diversification
        5. Untapped markets exploration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global LPG Cylinder Valve Market, By Type, 2021 - 2031 (USD Million)
      1. Safety Valves
      2. Self-Closing Valves
      3. Forklift Valves
      4. Prest-O-Lite (POL) Valves
      5. Quick-On Valves
      6. Others
    2. Global LPG Cylinder Valve Market, By Application, 2021 - 2031 (USD Million)
      1. Oil & Gas Production
      2. Gas Pipeline Transportation
      3. Municipal Gas
    3. Global LPG Cylinder Valve Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cavagna Group S.p.A.
      2. Mauria Udyog Limited
      3. Repkon
      4. GCE Group
      5. Kosan Crisplant
      6. Cavagna Group Asia Pacific Pte Ltd.
  7. Analyst Views
  8. Future Outlook of the Market