An attempt has been made to study the natural convection around a hollow vertical cylinder numerically which is suspended in motionless power-law fluids in the laminar range. The influence of various non-dimensional pertinent parameters, such as Grashof number (10 = Gr = 105), Prandtl number (0.71 = Pr = 100), and power-law index (0.2 = n = 1.8) on thermofluid characteristics around the hollow cylinder, is predicted computationally. Simulations are performed by varying the cylindrical aspect ratio (L/D) over the range of 1 = L/D = 20. It is reported that the average Nusselt number appreciably grows with the rise of Gr or/and Pr for a constant L/D. Furthermore, the average Nu on the outer wall (Nuouter) grows approximately in a linear way with an increase of aspect ratio for a particular Gr, Pr, and n. In contrast, Nuinner drops drastically and almost attains the asymptotic trend at a greater value of aspect ratio for lower Gr or/and Pr. The decreasing pattern of Nuinner is found to be remarkably steep for n<1 (shear-thinning fluids) in comparison to n>1 (shear-thickening fluids). Correlations are developed for Nuouter and Nuinner in terms of of Gr, Pr, n, and L/D, which operate extremely well within ±6% of the computational data.