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Global Pressure Vessels Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 129 pages | ID: G92E2774B20DEN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global Pressure Vessels market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Pressure Vessels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pressure Vessels.

The Pressure Vessels market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Pressure Vessels market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • 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
Pressure Vessels segment by Type
  • Titanium
  • Steel
  • Stainless Steel
  • Nickel Material
  • Zirconium
  • Other
Pressure Vessels segment by Application
  • Petrochemical
  • Oil & Gas
  • Coal Chemical
  • Nuclear Power
  • Non-ferrous Metal
  • Other
Pressure Vessels Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Pressure Vessels market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Pressure Vessels and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Pressure Vessels.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Pressure Vessels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Pressure Vessels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Pressure Vessels Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Pressure Vessels Sales Estimates and Forecasts (2019-2030)
1.3 Pressure Vessels Market by Type
  1.3.1 Titanium
  1.3.2 Steel
  1.3.3 Stainless Steel
  1.3.4 Nickel Material
  1.3.5 Zirconium
  1.3.6 Other
1.4 Global Pressure Vessels Market Size by Type
  1.4.1 Global Pressure Vessels Market Size Overview by Type (2019-2030)
  1.4.2 Global Pressure Vessels Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Pressure Vessels Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Pressure Vessels Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Pressure Vessels Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Pressure Vessels Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Pressure Vessels Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Pressure Vessels Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Pressure Vessels Industry Trends
2.2 Pressure Vessels Industry Drivers
2.3 Pressure Vessels Industry Opportunities and Challenges
2.4 Pressure Vessels Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Pressure Vessels Revenue (2019-2024)
3.2 Global Top Players by Pressure Vessels Sales (2019-2024)
3.3 Global Top Players by Pressure Vessels Price (2019-2024)
3.4 Global Pressure Vessels Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Pressure Vessels Key Company Manufacturing Sites & Headquarters
3.6 Global Pressure Vessels Company, Product Type & Application
3.7 Global Pressure Vessels Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Pressure Vessels Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Pressure Vessels Players Market Share by Revenue in 2023
  3.8.3 2023 Pressure Vessels Tier 1, Tier 2, and Tier

4 PRESSURE VESSELS REGIONAL STATUS AND OUTLOOK

4.1 Global Pressure Vessels Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Pressure Vessels Historic Market Size by Region
  4.2.1 Global Pressure Vessels Sales in Volume by Region (2019-2024)
  4.2.2 Global Pressure Vessels Sales in Value by Region (2019-2024)
  4.2.3 Global Pressure Vessels Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Pressure Vessels Forecasted Market Size by Region
  4.3.1 Global Pressure Vessels Sales in Volume by Region (2025-2030)
  4.3.2 Global Pressure Vessels Sales in Value by Region (2025-2030)
  4.3.3 Global Pressure Vessels Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 PRESSURE VESSELS BY APPLICATION

5.1 Pressure Vessels Market by Application
  5.1.1 Petrochemical
  5.1.2 Oil & Gas
  5.1.3 Coal Chemical
  5.1.4 Nuclear Power
  5.1.5 Non-ferrous Metal
  5.1.6 Other
5.2 Global Pressure Vessels Market Size by Application
  5.2.1 Global Pressure Vessels Market Size Overview by Application (2019-2030)
  5.2.2 Global Pressure Vessels Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Pressure Vessels Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Pressure Vessels Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Pressure Vessels Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Pressure Vessels Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Pressure Vessels Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Pressure Vessels Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 McDermott
  6.1.1 McDermott Comapny Information
  6.1.2 McDermott Business Overview
  6.1.3 McDermott Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 McDermott Pressure Vessels Product Portfolio
  6.1.5 McDermott Recent Developments
6.2 IHI Corporation
  6.2.1 IHI Corporation Comapny Information
  6.2.2 IHI Corporation Business Overview
  6.2.3 IHI Corporation Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 IHI Corporation Pressure Vessels Product Portfolio
  6.2.5 IHI Corporation Recent Developments
6.3 Mitsubishi Heavy Industries
  6.3.1 Mitsubishi Heavy Industries Comapny Information
  6.3.2 Mitsubishi Heavy Industries Business Overview
  6.3.3 Mitsubishi Heavy Industries Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Mitsubishi Heavy Industries Pressure Vessels Product Portfolio
  6.3.5 Mitsubishi Heavy Industries Recent Developments
6.4 Hitachi Zosen
  6.4.1 Hitachi Zosen Comapny Information
  6.4.2 Hitachi Zosen Business Overview
  6.4.3 Hitachi Zosen Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Hitachi Zosen Pressure Vessels Product Portfolio
  6.4.5 Hitachi Zosen Recent Developments
6.5 Morimatsu
  6.5.1 Morimatsu Comapny Information
  6.5.2 Morimatsu Business Overview
  6.5.3 Morimatsu Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Morimatsu Pressure Vessels Product Portfolio
  6.5.5 Morimatsu Recent Developments
6.6 L&T
  6.6.1 L&T Comapny Information
  6.6.2 L&T Business Overview
  6.6.3 L&T Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 L&T Pressure Vessels Product Portfolio
  6.6.5 L&T Recent Developments
6.7 Doosan
  6.7.1 Doosan Comapny Information
  6.7.2 Doosan Business Overview
  6.7.3 Doosan Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Doosan Pressure Vessels Product Portfolio
  6.7.5 Doosan Recent Developments
6.8 KNM
  6.8.1 KNM Comapny Information
  6.8.2 KNM Business Overview
  6.8.3 KNM Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 KNM Pressure Vessels Product Portfolio
  6.8.5 KNM Recent Developments
6.9 SPVG
  6.9.1 SPVG Comapny Information
  6.9.2 SPVG Business Overview
  6.9.3 SPVG Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 SPVG Pressure Vessels Product Portfolio
  6.9.5 SPVG Recent Developments
6.10 Mersen
  6.10.1 Mersen Comapny Information
  6.10.2 Mersen Business Overview
  6.10.3 Mersen Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Mersen Pressure Vessels Product Portfolio
  6.10.5 Mersen Recent Developments
6.11 JSW
  6.11.1 JSW Comapny Information
  6.11.2 JSW Business Overview
  6.11.3 JSW Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 JSW Pressure Vessels Product Portfolio
  6.11.5 JSW Recent Developments
6.12 Belleli
  6.12.1 Belleli Comapny Information
  6.12.2 Belleli Business Overview
  6.12.3 Belleli Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Belleli Pressure Vessels Product Portfolio
  6.12.5 Belleli Recent Developments
6.13 Neuenhauser Kompressorenbau
  6.13.1 Neuenhauser Kompressorenbau Comapny Information
  6.13.2 Neuenhauser Kompressorenbau Business Overview
  6.13.3 Neuenhauser Kompressorenbau Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Neuenhauser Kompressorenbau Pressure Vessels Product Portfolio
  6.13.5 Neuenhauser Kompressorenbau Recent Developments
6.14 ATB
  6.14.1 ATB Comapny Information
  6.14.2 ATB Business Overview
  6.14.3 ATB Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 ATB Pressure Vessels Product Portfolio
  6.14.5 ATB Recent Developments
6.15 Springs Fabrication
  6.15.1 Springs Fabrication Comapny Information
  6.15.2 Springs Fabrication Business Overview
  6.15.3 Springs Fabrication Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 Springs Fabrication Pressure Vessels Product Portfolio
  6.15.5 Springs Fabrication Recent Developments
6.16 Hanson
  6.16.1 Hanson Comapny Information
  6.16.2 Hanson Business Overview
  6.16.3 Hanson Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 Hanson Pressure Vessels Product Portfolio
  6.16.5 Hanson Recent Developments
6.17 THVOW
  6.17.1 THVOW Comapny Information
  6.17.2 THVOW Business Overview
  6.17.3 THVOW Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.17.4 THVOW Pressure Vessels Product Portfolio
  6.17.5 THVOW Recent Developments
6.18 LS Group
  6.18.1 LS Group Comapny Information
  6.18.2 LS Group Business Overview
  6.18.3 LS Group Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.18.4 LS Group Pressure Vessels Product Portfolio
  6.18.5 LS Group Recent Developments
6.19 Sunpower Group
  6.19.1 Sunpower Group Comapny Information
  6.19.2 Sunpower Group Business Overview
  6.19.3 Sunpower Group Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.19.4 Sunpower Group Pressure Vessels Product Portfolio
  6.19.5 Sunpower Group Recent Developments
6.20 CIMC Enric
  6.20.1 CIMC Enric Comapny Information
  6.20.2 CIMC Enric Business Overview
  6.20.3 CIMC Enric Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.20.4 CIMC Enric Pressure Vessels Product Portfolio
  6.20.5 CIMC Enric Recent Developments
6.21 CFHI
  6.21.1 CFHI Comapny Information
  6.21.2 CFHI Business Overview
  6.21.3 CFHI Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.21.4 CFHI Pressure Vessels Product Portfolio
  6.21.5 CFHI Recent Developments
6.22 AVIC Liming Jinxi
  6.22.1 AVIC Liming Jinxi Comapny Information
  6.22.2 AVIC Liming Jinxi Business Overview
  6.22.3 AVIC Liming Jinxi Pressure Vessels Sales, Revenue and Gross Margin (2019-2024)
  6.22.4 AVIC Liming Jinxi Pressure Vessels Product Portfolio
  6.22.5 AVIC Liming Jinxi Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Pressure Vessels Sales by Country
  7.1.1 North America Pressure Vessels Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Pressure Vessels Sales by Country (2019-2024)
  7.1.3 North America Pressure Vessels Sales Forecast by Country (2025-2030)
7.2 North America Pressure Vessels Market Size by Country
  7.2.1 North America Pressure Vessels Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Pressure Vessels Market Size by Country (2019-2024)
  7.2.3 North America Pressure Vessels Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Pressure Vessels Sales by Country
  8.1.1 Europe Pressure Vessels Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Pressure Vessels Sales by Country (2019-2024)
  8.1.3 Europe Pressure Vessels Sales Forecast by Country (2025-2030)
8.2 Europe Pressure Vessels Market Size by Country
  8.2.1 Europe Pressure Vessels Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Pressure Vessels Market Size by Country (2019-2024)
  8.2.3 Europe Pressure Vessels Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Pressure Vessels Sales by Country
  9.1.1 Asia-Pacific Pressure Vessels Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Pressure Vessels Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Pressure Vessels Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Pressure Vessels Market Size by Country
  9.2.1 Asia-Pacific Pressure Vessels Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Pressure Vessels Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Pressure Vessels Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Pressure Vessels Sales by Country
  10.1.1 Latin America Pressure Vessels Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Pressure Vessels Sales by Country (2019-2024)
  10.1.3 Latin America Pressure Vessels Sales Forecast by Country (2025-2030)
10.2 Latin America Pressure Vessels Market Size by Country
  10.2.1 Latin America Pressure Vessels Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Pressure Vessels Market Size by Country (2019-2024)
  10.2.3 Latin America Pressure Vessels Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Pressure Vessels Sales by Country
  11.1.1 Middle East and Africa Pressure Vessels Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Pressure Vessels Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Pressure Vessels Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Pressure Vessels Market Size by Country
  11.2.1 Middle East and Africa Pressure Vessels Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Pressure Vessels Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Pressure Vessels Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Pressure Vessels Value Chain Analysis
  12.1.1 Pressure Vessels Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Pressure Vessels Production Mode & Process
12.2 Pressure Vessels Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Pressure Vessels Distributors
  12.2.3 Pressure Vessels Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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