Global Pressure Vessels Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Pressure Vessels market size was valued at US$ 106350 million in 2024 and is forecast to a readjusted size of USD 105630 million by 2031 with a CAGR of -0.1% during review period.
Pressure Vessels is a closed container designed to hold gases or liquids at a pressure substantially different from the ambient pressure.
The pressure differential is dangerous, and fatal accidents have occurred in the history of pressure vessel development and operation. Consequently, pressure vessel design, manufacture, and operation are regulated by engineering authorities backed by legislation. For these reasons, the definition of a pressure vessel varies from country to country, but involves parameters such as maximum safe operating pressure and temperature, and are engineered with a safety factor, corrosion allowance, minimum design temperature (for brittle fracture), and involve nondestructive testing, such as ultrasonic testing, radiography, and pressure tests, usually involving water, also known as a hydro-test, but could be pneumatically tested involving air or another gas.
Global Pressure Vessels key players include CB&I, IHI Corporation, Mitsubishi Heavy Industries, etc. Global top three manufacturers hold a share over 3%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Titanium is the largest segment, with a share about 50%. And in terms of application, the largest application is Petrochemical, followed by Oil & Gas, Coal Chemical, Nuclear Power, Non-ferrous Metal, etc.
This report is a detailed and comprehensive analysis for global Pressure Vessels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Pressure Vessels market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Pressure Vessels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Pressure Vessels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Pressure Vessels market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Pressure Vessels
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Pressure Vessels market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include McDermott, IHI Corporation, Mitsubishi Heavy Industries, Hitachi Zosen, Morimatsu, L&T, Doosan, KNM, SPVG, Mersen, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Pressure Vessels market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Titanium
Steel
Stainless Steel
Nickel Material
Zirconium
Other
Market segment by Application
Petrochemical
Oil & Gas
Coal Chemical
Nuclear Power
Non-ferrous Metal
Other
Major players covered
McDermott
IHI Corporation
Mitsubishi Heavy Industries
Hitachi Zosen
Morimatsu
L&T
Doosan
KNM
SPVG
Mersen
JSW
Belleli
Neuenhauser Kompressorenbau
ATB
Springs Fabrication
Hanson
THVOW
LS Group
Sunpower Group
CIMC Enric
CFHI
AVIC Liming Jinxi
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pressure Vessels product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Pressure Vessels, with price, sales quantity, revenue, and global market share of Pressure Vessels from 2020 to 2025.
Chapter 3, the Pressure Vessels competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pressure Vessels breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Pressure Vessels market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Pressure Vessels.
Chapter 14 and 15, to describe Pressure Vessels sales channel, distributors, customers, research findings and conclusion.
Pressure Vessels is a closed container designed to hold gases or liquids at a pressure substantially different from the ambient pressure.
The pressure differential is dangerous, and fatal accidents have occurred in the history of pressure vessel development and operation. Consequently, pressure vessel design, manufacture, and operation are regulated by engineering authorities backed by legislation. For these reasons, the definition of a pressure vessel varies from country to country, but involves parameters such as maximum safe operating pressure and temperature, and are engineered with a safety factor, corrosion allowance, minimum design temperature (for brittle fracture), and involve nondestructive testing, such as ultrasonic testing, radiography, and pressure tests, usually involving water, also known as a hydro-test, but could be pneumatically tested involving air or another gas.
Global Pressure Vessels key players include CB&I, IHI Corporation, Mitsubishi Heavy Industries, etc. Global top three manufacturers hold a share over 3%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Titanium is the largest segment, with a share about 50%. And in terms of application, the largest application is Petrochemical, followed by Oil & Gas, Coal Chemical, Nuclear Power, Non-ferrous Metal, etc.
This report is a detailed and comprehensive analysis for global Pressure Vessels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Pressure Vessels market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Pressure Vessels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Pressure Vessels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Pressure Vessels market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Pressure Vessels
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Pressure Vessels market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include McDermott, IHI Corporation, Mitsubishi Heavy Industries, Hitachi Zosen, Morimatsu, L&T, Doosan, KNM, SPVG, Mersen, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Pressure Vessels market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Titanium
Steel
Stainless Steel
Nickel Material
Zirconium
Other
Market segment by Application
Petrochemical
Oil & Gas
Coal Chemical
Nuclear Power
Non-ferrous Metal
Other
Major players covered
McDermott
IHI Corporation
Mitsubishi Heavy Industries
Hitachi Zosen
Morimatsu
L&T
Doosan
KNM
SPVG
Mersen
JSW
Belleli
Neuenhauser Kompressorenbau
ATB
Springs Fabrication
Hanson
THVOW
LS Group
Sunpower Group
CIMC Enric
CFHI
AVIC Liming Jinxi
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pressure Vessels product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Pressure Vessels, with price, sales quantity, revenue, and global market share of Pressure Vessels from 2020 to 2025.
Chapter 3, the Pressure Vessels competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pressure Vessels breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Pressure Vessels market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Pressure Vessels.
Chapter 14 and 15, to describe Pressure Vessels sales channel, distributors, customers, research findings and conclusion.
Table of Contents
146 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Pressure Vessels by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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