Market Research Logo

Pressure Vessel Market by End-User Industry (Chemicals, Oil & Gas, Power, & Others), by Type (Boilers, Nuclear Reactors, Separators, & Others), by Material (Steel Alloys, Other Alloys, & Composites), & by Region (Asia-Pacific, North America, Europe, the M

Pressure Vessel Market by End-User Industry (Chemicals, Oil & Gas, Power, & Others), by Type (Boilers, Nuclear Reactors, Separators, & Others), by Material (Steel Alloys, Other Alloys, & Composites), & by Region (Asia-Pacific, North America, Europe, the Middle East & Africa, and South America) - Global Forecast to 2021

The pressure vessel market is expected to reach USD 184.87 billion by 2021, at a CAGR of 5.38% from 2016 to 2021. Power generation capacity addition and change in energy trends are the reasons behind the boost in its demand. In addition, end-user industries are deploying pressure vessels for power generation and processing raw materials to produce the final product, primarily in the chemicals & petrochemicals industry.

“Steel alloys the largest market, by material”
The steel alloys segment within the pressure vessel market is estimated to be have the largest size in 2016. Steel alloys are considered as high strength steel and are extensively used in fabricating pressure vessels to hold high pressure gases/liquids.

“Asia-Pacific the largest market”
Asia-Pacific is estimated to account for the largest market share, by value, in the pressure vessel market in 2016. It is one of the key markets for pressure vessel manufacturers and suppliers. In the Asian region, countries such as China and India are driving the market because of increasing investments in the energy sector, for enhancing power generating capacities, and investments in nuclear power plants. Additionally, the booming renewable sector and changing trends in energy demand have resulted in the increased demand for pressure vessels. All these factors are expected to boost the pressure vessel market in Asia-Pacific.

The primary participants for the report have been categorized on the basis of company type, designation, and region. The details are as follows:
By Company Type: Tier 1 - 56%, Tier 2 – 24%, and Tier 3 – 20%
By Designation: C level – 50%, Manager level – 31%, and Others – 19%
By Region: The Middle East, South America, & Africa – 48%, Asia-Pacific – 24%, Europe – 15%, and North America – 13%

List of companies profiled in the report include:
Mitsubishi Heavy Industries, Ltd. (Japan)
Babcock and Wilcox Enterprises, Inc. (U.S.)
Doosan Heavy Industries & Construction (South Korea)
Bharat Heavy Electricals Limited (India)
Larsen & Toubro Limited (India)
Dongfang Electric Machinery Co., Ltd. (China)
General Electric (U.S.)
Halvorsen (U.S.)
IHI Corporation (Japan)
Pressure Vessels India (India)
Samuel Pressure Vessel Group (U.S.)
Westinghouse Electric Company LLC. (U.S.)

Why buy this report:
The report offers market estimations and projections till 2021, and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.

Product Analysis and Development: Insights on upcoming technologies, research & development activities, and new product launches in the pressure vessel market. In-depth analysis of the deployment of pressure vessel in various regions depicts a clear picture of the market scenario.

Market Development: Includes information about lucrative emerging markets. The report also analyzes the pressure vessel market in regions across the globe.

Market Diversification: Information about new products, untapped regions, recent developments, and investments decisions in the market. Description regarding related diversification pertaining to this market.

Competitive Assessment: Assessment of market shares and company share analysis of key players. Business strategies and manufacturing capabilities of leading players enhance the bottomline of the companies in the pressure vessel market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY AND PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • KEY DATA FROM PRIMARY SOURCES
      • KEY INDUSTRY INSIGHTS
    • BREAKDOWN OF PRIMARIES
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • HISTORICAL BACKDROP, EVOLUTION, & CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ASIA-PACIFIC IS EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
    • PRESSURE VESSEL MARKET, BY END-USER INDUSTRY
    • PRESSURE VESSEL MARKET, BY MATERIAL
    • NORTH AMERICA PRESSURE VESSEL MARKET
  • TECHNICAL OVERVIEW
    • INTRODUCTION
    • DESIGN CODES
      • Table LIST OF PRESSURE VESSEL CODES
    • CONSTRUCTION MATERIALS
      • STEEL
      • OTHER ALLOYS
      • COMPOSITES
    • OCCUPATIONAL HAZARD & SAFETY
      • INTRODUCTION
      • TESTING METHODS EMPLOYED
  • MARKET OVERVIEW
    • INTRODUCTION
    • PRESSURE VESSEL: MARKET SEGMENTATION
      • BY TYPE
      • BY MATERIAL
      • BY END-USER INDUSTRY
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • SUPPLY CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF RIVALRY
  • PRESSURE VESSEL MARKET, BY MATERIAL
    • INTRODUCTION
      • Table PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
    • STEEL ALLOYS
      • Table STEEL ALLOYS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • OTHER ALLOYS
      • Table OTHER ALLOYS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • COMPOSITES
      • Table COMPOSITES: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
  • PRESSURE VESSEL MARKET, BY TYPE
    • INTRODUCTION
      • Table PRESSURE VESSEL MARKET SIZE, BY TYPE, 2014-2021, (USD BILLION)
    • BOILERS
      • Table BOILERS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • NUCLEAR REACTORS
      • Table NUCLEAR REACTORS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD BILLION)
    • SEPARATORS
      • Table SEPARATORS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION )
    • OTHERS
      • Table OTHERS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
  • PRESSURE VESSEL MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table PRESSURE VESSEL MARKET SIZE, BY END-USER INDUSTRY, 2014-2021 (USD BILLION)
    • OIL & GAS
      • Table OIL & GAS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • CHEMICALS
      • Table CHEMICALS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • POWER GENERATION
      • Table POWER GENERATION: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • OTHERS
      • Table OTHERS: PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
  • PRESSURE VESSEL MARKET, BY REGION
    • INTRODUCTION
      • Table PRESSURE VESSEL MARKET SIZE, BY REGION, 2014-2021 (USD BILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table ASIA-PACIFIC: PRESSURE VESSEL MARKET SIZE, BY END-USER INDUSTRY, 2014-2021 (USD BILLION)
      • Table ASIA-PACIFIC: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • Table ASIA-PACIFIC: PRESSURE VESSEL MARKET SIZE, BY TYPE, 2014-2021 (USD BILLION)
      • CHINA
        • Table CHINA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • INDIA
        • Table INDIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • JAPAN
        • Table JAPAN: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • MALAYSIA
        • Table MALAYSIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • AUSTRALIA
        • Table AUSTRALIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • INDONESIA
        • Table INDONESIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table NORTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY END-USER INDUSTRY, 2014-2021 (USD BILLION)
      • Table NORTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY TYPE, 2014-2021 (USD BILLION)
      • Table NORTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • U.S.
        • Table U.S.: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • CANADA
        • Table CANADA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • MEXICO
        • Table MEXICO: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
    • EUROPE
      • Table EUROPE: PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2013-2020 (USD BILLION)
      • Table EUROPE: PRESSURE VESSEL MARKET SIZE, BY END-USER INDUSTRY, 2014-2021 (USD BILLION)
      • Table EUROPE: PRESSURE VESSEL MARKET SIZE, BY TYPE, 2014-2021 (USD BILLION)
      • Table EUROPE: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • U.K.
        • Table U.K.: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • GERMANY
        • Table GERMANY: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • FRANCE
        • Table FRANCE: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • ITALY
        • Table ITALY: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • SPAIN
        • Table SPAIN: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • THE NETHERLANDS
        • Table THE NETHERLANDS: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • NORWAY
        • Table NORWAY: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table MIDDLE EAST & AFRICA: PRESSURE VESSEL MARKET SIZE, BY END-USER INDUSTRY, 2014-2021 (USD BILLION)
      • Table MIDDLE EAST & AFRICA: PRESSURE VESSEL MARKET SIZE, BY TYPE, 2014-2021 (USD BILLION)
      • Table MIDDLE EAST & AFRICA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • UAE
        • Table UAE: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • QATAR
        • Table QATAR: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • KUWAIT
        • Table KUWAIT: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • EGYPT
        • Table EGYPT: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • NIGERIA
        • Table NIGERIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • ALGERIA
        • Table ALGERIA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY COUNTRY, 2014-2021 (USD BILLION)
      • Table SOUTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY END-USER INDUSTRY, 2014-2021 (USD BILLION)
      • Table SOUTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY TYPE, 2014-2021 (USD BILLION)
      • Table SOUTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • BRAZIL
        • Table BRAZIL: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • VENEZUELA
        • Table VENEZUELA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • ARGENTINA
        • Table ARGENTINA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
      • CHILE
        • Table CHILE: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: PRESSURE VESSEL MARKET SIZE, BY MATERIAL, 2014-2021 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • DEVELOPMENT SHARE ANALYSIS, 2015
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2014-2015
    • EXPANSIONS
      • Table EXPANSIONS, 2015
    • NEW PRODUCT DEVELOPMENTS
      • Table NEW PRODUCT DEVELOPMENTS, 2014-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2014-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • BABCOCK AND WILCOX ENTERPRISES, INC.
      • PRODUCTS OFFRERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • DOOSAN HEAVY INDUSTRIES & CONSTRUCTION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • DEVELOPMENTS, 2014-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI HEAVY INDUSTRIES, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BHARAT HEAVY ELECTRICALS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • LARSEN & TOUBRO LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • DEVELOPMENTS, 2015
      • SWOT ANALYSIS
      • MNM VIEW
    • DONGFANG ELECTRIC MACHINERY CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
    • GENERAL ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
    • HALVORSEN
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • DEVELOPMENTS, 2014
    • IHI CORPORATION
      • BUSINESS OVERVIEW
      • RODUCTS OFFERED
      • DEVELOPMENTS,2014-2016
    • PRESSURE VESSELS (INDIA)
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
    • SAMUEL PRESSURE VESSEL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS
    • WESTINGHOUSE ELECTRIC COMPANY LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report