I know about the expanding gasses, but I figured this tank belonged to the Phoenix FD. I'm pretty sure they're exposed to more than 120deg. More like 400+. At any rate, my car survived, as did the tank. I put it in the back, wrapped in a blanket.
I found this on the Luxfer manual:
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www.luxfercylinders.com/30/download/download
It is also important to take into consideration not only temperature, but also exposure time—both
of which are critical factors. Brief exposure to elevated temperatures may not damage a cylinder.
This is particularly relevant in the case of self-contained breathing apparatus (SCBA) cylinders
used by firefighters. Firefighters can wear composite SCBA cylinders with complete confidence
even though they are frequently exposed to high temperatures, because a firefighter is never
exposed long enough to excessive heat to affect cylinder properties. Even when wearing
protective equipment, a firefighter will feel sufficient discomfort from life-threatening heat to
pull back before the heat exposure could damage a cylinder. The exceptional safety record of
carbon composite cylinders in fire service over more than a decade clearly proves the durability
and reliability of these products. The main concern is with SCBA cylinders left in a fire or high-
heat environment for a prolonged period; such cylinders must be rejected.
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So conclusion: I think it's probably best to not leave tanks in hot cars, especially when they're just filled to max capacity. There's a burst disk on the valve that should bleed off the pressure if it exceeds 5000 psi, so it won't blow up.