IBISWorld’s Tanks & Cylinders procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Tanks & Cylinders to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Tanks & Cylinders - Recent Price Trend

The price of tanks and cylinders has been decreasing at an estimated annualized rate of 0.5% during the three years to 2017. This decline in price is primarily the result of weak demand and falling purchase costs. However, prices have fallen gradually enough that price volatility has remained low.Weak demand has been one of the primary factors behind the falling prices of tanks and cylinders...


Tanks & Cylinders - Total Cost of Ownership

The total cost of ownership (TCO) for tanks and cylinders is moderate, at 50.0% to 100% of the benchmark purchase price per year in additional costs. The primary costs affecting the overall price of tanks and cylinders are related to shipping and installation. Shipping charges vary greatly depending on where the supplier is located in relation to the buyer. In general, suppliers charge buyers for...


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About this Report

This report is intended to assist buyers of tanks and cylinders. Tanks and cylinders are pressure vessels that are designed to store liquids or gases. Products in this market include reservoirs, air and gas tanks, calibration tanks and large industrial storage tanks. Although tanks and cylinders have similar applications, tanks are available in a variety of shapes, whereas cylinders have parallel sides and a circular or oval cross section. Tank and cylinder suppliers include manufacturers and wholesalers. Typical buyers are industrial facility construction companies, breweries, distilleries, petroleum refineries and oxygen and hydrogen gas manufacturers.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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