LPG Cylinder is an essential item for filling liquefied petroleum gas used for domestic and industrial purpose. The body of LPG cylinder is deep drawn in two pieces then these are welded together to make a compact unit without any leak and defect etc. LPG cylinders are in use in 5 Kg., 12 Kg., 14.2 Kg. & 19 Kg. capacities. To ascertain the quality, safety and performance certain regulations are applicable such as BIS standardization and Explosive Licence etc. While all the cylinders are spray-painted with a signal red colour.
The ultimate use of the LPG cylinder is for the storage and transportation of gas from one place to another. As the gas pipe line can only be managed to the nearby area of the gas producing centre, and in India gas pipeline is only available in big cities.
In the coming years, the growth in LPG cylinder valve market is majorly dependent on increasing investments in the manufacturing facilities and aided by technology innovation in valve systems. Several factors, including policies and regulations, rising demand from process industries are also likely to support the growth of LPG cylinder valve market. As a whole it is a good project for new entrepreneurs to invest.
Few Indian major players are as under
· Balaji Pressure Vessels Pvt. Ltd.
· Bhiwadi Cylinders Pvt. Ltd.
· Confidence Petroleum India Ltd.
· E C P Industries Ltd.
· Everest Kanto Cylinder Ltd.
· J R Fabricators Ltd.
· Lizer Cylinders Ltd.
· Mahaveer Cylinders Ltd.
· Minda Autogas Ltd.
· Punjab Gas Cylinders Ltd.