Global Type IV Pressure Vessels Supply, Demand and Key Producers, 2026-2032

The global Type IV Pressure Vessels market size is expected to reach $ 2180 million by 2032, rising at a market growth of 20.6% CAGR during the forecast period (2026-2032).

Type 4 pressure vessels are known for their composite construction. Unlike traditional metal vessels, Type 4 vessels are made with a polymer (typically a thermoplastic) liner and reinforced with a composite material like carbon fiber or fiberglass. This construction offers superior strength-to-weight ratios and excellent corrosion resistance, making them ideal for storing gases under high pressure, such as hydrogen or natural gas.

Global key players of Type IV Pressure Vessels include Hexagon Purus, ILJIN Hysolus, Quantum Fuel Systems, Umoe Advanced Composites, Luxfer Group, etc. The top five players hold a share about 63%. In terms of product type, Carbon Fiber is the largest segment, occupied for a share of 84%. In terms of application, Hydrogen Storage Tank has a share about 70 percent.

This report studies the global Type IV Pressure Vessels production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Type IV Pressure Vessels and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Type IV Pressure Vessels that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Type IV Pressure Vessels total production and demand, 2021-2032, (K Units)

Global Type IV Pressure Vessels total production value, 2021-2032, (USD Million)

Global Type IV Pressure Vessels production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Type IV Pressure Vessels consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Type IV Pressure Vessels domestic production, consumption, key domestic manufacturers and share

Global Type IV Pressure Vessels production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Type IV Pressure Vessels production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Type IV Pressure Vessels production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Type IV Pressure Vessels market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Luxfer Group, ILJIN Hysolus, Faber Industrie, Worthington Enterprises, Hexagon Purus, Umoe Advanced Composites, NPROXX, Kautex Maschinenbau, Steelhead Composites, Quantum Fuel Systems, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Type IV Pressure Vessels market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Type IV Pressure Vessels Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Type IV Pressure Vessels Market, Segmentation by Type:
Carbon Fiber
Glass Fiber

Global Type IV Pressure Vessels Market, Segmentation by Application:
CNG Storage Tank
LPG Storage Tank
Hydrogen Storage Tank

Companies Profiled:
Luxfer Group
ILJIN Hysolus
Faber Industrie
Worthington Enterprises
Hexagon Purus
Umoe Advanced Composites
NPROXX
Kautex Maschinenbau
Steelhead Composites
Quantum Fuel Systems
Faurecia
Beijing Tianhai Industry
Shandong Auyan New Energy Technology
Sinoma Science & Technology

Key Questions Answered:

1. How big is the global Type IV Pressure Vessels market?

2. What is the demand of the global Type IV Pressure Vessels market?

3. What is the year over year growth of the global Type IV Pressure Vessels market?

4. What is the production and production value of the global Type IV Pressure Vessels market?

5. Who are the key producers in the global Type IV Pressure Vessels market?

6. What are the growth factors driving the market demand? Show more