Multiple-Element Gas Container Market: A Global and Regional Analysis

08 Apr 2024

The introduction of Multiple-element gas containers (MEGCs) marked a significant advancement in the safety and efficiency of gas transportation. Originally developed to overcome the limitations of traditional single gas cylinders, MEGCs offered enhanced capacity and safety through a configuration of interconnected cylinders or components within a solid frame. This innovation facilitated the mass transport of gases, reducing the risks associated with handling and improving operational efficiency.  

Nevertheless, the initial phase of market introduction faced notable challenges, including difficulties in meeting regulatory requirements, as there were no established safety standards for these novel devices at the time. Additionally, the substantial initial costs for production and testing limited their broader adoption. Despite these hurdles, the introduction of MEGCs fundamentally transformed the industry, setting new benchmarks for the safety of gas storage and transport and laying the groundwork for the sophisticated gas logistics solutions we see today.  


Multiple-Element Gas Container Market Overview 

The advent of multiple-element gas containers represents a groundbreaking leap in the methodologies of gas storage and transport, heralding a shift from the conventional single-element systems.  

According to the BIS Research report, the Multiple-Element Gas Container Market is projected to reach $361.9 Million by 2033 from $164.8 Million in 2023, growing at a CAGR of 8.19% during the forecast period 2023-2033. 

Crafted to accommodate multiple gas types simultaneously, within distinct segments or through sophisticated molecular separation technologies, at various pressures and temperatures, these containers bring unparalleled versatility.  

This attribute proves indispensable in fields where maximizing space and maintaining gas purity are paramount, including aerospace, medical, and specialized gas industries. The development of these innovative containers not only showcases remarkable advancements in material science and chemical engineering but also paves the path for adopting more sustainable, efficient gas storage and utilization practices across diverse industries. 


Market Segmentation: 

Segmentation 1: by Application 
•    Natural Gas 
•    Hydrogen 
•    Industrial Gases 
Segmentation 2: by Type 
•    20 Ft 
•    40 Ft and Above 
Segmentation 3: by Region 
•    North America - U.S., Canada, and Mexico 
•    Europe - U.K., Germany, France, Italy, and Rest-of-Europe 
•    Asia-Pacific - Japan, India, China, Australia, South Korea, and Rest-of-Asia-Pacific 
•    Rest-of-the-World - Brazil, U.A.E., Other 


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Recent Developments in the Multiple-Element Gas Container Market 

  • In September 2023, Luxfer Gas Cylinders' European base in Nottingham was enhanced with an investment exceeding $1.24 million (£1 million), paving the way for a novel production facility. This development aims to facilitate 'virtual' gas pipelines, advancing the distribution of hydrogen across the U.K. and Europe. 

  • In January 2023, FIBA Technologies secured a contract from Arkema, a global leader in specialty materials, to supply 16 multi-element gas containers (MEGCs) for moving boron trifluoride (BF3) throughout Europe. FIBA commenced the delivery of these 12-tube, 20-foot MEGCs to Arkema starting in early July. 

  • In May 2022, Hexagon Agility, part of Hexagon Composites, was awarded a $14.8 million order by Xpress Natural Gas LLC (XNG), a premier compressed natural gas (CNG) provider in the U.S. This order is for Mobile Pipeline modules designed to transport clean and renewable natural gas (RNG). 

Key Players 

Some prominent names established in the multiple-element gas container market are: 

•    Hexagon Composites ASA 

•    Worthington Enterprises, Inc. 

•    FIBA Technologies, Inc. 

•    Luxfer Gas Cylinders 

•    Koyuncu Gas and Gas Equipment  

•    Gaznet OÜ 

•    Quantum Fuel Systems LLC. 

•    Faber Industrie SPA 

•    Beijing Tianhai Industry Co., Ltd. 

•    McPhy Energy  

•    Linde plc 


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Analyst Note 

According to Debraj Chakraborty, Principal Analyst, BIS Research, “The introduction and gradual use of multiple-element gas containers (MEGCs) in the logistics and transportation sectors represent a disruptive method for transporting high-pressure gases across long distances. The increase in MEGC employment is mostly due to its greater safety features, increased payload capabilities, and modular design, which all contribute to operational efficiency and cost-effectiveness.  

These containers, made of strong materials that can handle tremendous pressure and climatic conditions, provide a safer alternative to standard single gas cylinders, greatly reducing the danger of gas leaks and associated risks. MEGCs' modular design enables flexible configurations to meet unique transportation demands while also simplifying scaling.” 

 
 
 

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