Pressure Vessel Composite Material Market by Material (Carbon Fiber, Epoxy Resin, Glass Fiber), End Use (CNG Vehicle, Gas Transport, Hydrogen Vehicle) - Global Forecast 2024-2030

Pressure Vessel Composite Material Market by Material (Carbon Fiber, Epoxy Resin, Glass Fiber), End Use (CNG Vehicle, Gas Transport, Hydrogen Vehicle) - Global Forecast 2024-2030


The Pressure Vessel Composite Material Market size was estimated at USD 802.61 million in 2023 and expected to reach USD 933.80 million in 2024, at a CAGR 16.43% to reach USD 2,329.12 million by 2030.

Global Pressure Vessel Composite Material Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Pressure Vessel Composite Material Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Pressure Vessel Composite Material Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Pressure Vessel Composite Material Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Air Products and Chemicals, Inc., Alloy Products Corp., BASF SE, Bharat Heavy Electricals Limited, Doosan Infracore Co., Ltd., General Electric Company, Halvorsen Co., Hexion Inc., Huntsman International LLC, IHI Plant Services Corporation, Kolon Industries. Inc., Larsen & Toubro Limited, Mitsubishi Heavy Industries, Ltd., and Nan Ya Plastics Corp..

Market Segmentation & Coverage

This research report categorizes the Pressure Vessel Composite Material Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
Carbon Fiber
Epoxy Resin
Glass Fiber
End Use
CNG Vehicle
Gas Transport
Hydrogen Vehicle
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Pressure Vessel Composite Material Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Pressure Vessel Composite Material Market?
3. What are the technology trends and regulatory frameworks in the Pressure Vessel Composite Material Market?
4. What is the market share of the leading vendors in the Pressure Vessel Composite Material Market?
5. Which modes and strategic moves are suitable for entering the Pressure Vessel Composite Material Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Pressure Vessel Composite Material Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Bulk transportation of CNG
5.1.1.2. Increased number of natural gas vehicles (NGVs)
5.1.1.3. Increased penetration of carbon fiber in automotive
5.1.2. Restraints
5.1.2.1. High prices of carbon fiber
5.1.3. Opportunities
5.1.3.1. Installation of new pressure vessels in aging power plants
5.1.3.2. Technological advancements in materials, testing methodologies, and designs
5.1.4. Challenges
5.1.4.1. Unavailability of carbon fibers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Pressure Vessel Composite Material Market, by Material
6.1. Introduction
6.2. Carbon Fiber
6.3. Epoxy Resin
6.4. Glass Fiber
7. Pressure Vessel Composite Material Market, by End Use
7.1. Introduction
7.2. CNG Vehicle
7.3. Gas Transport
7.4. Hydrogen Vehicle
8. Americas Pressure Vessel Composite Material Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Pressure Vessel Composite Material Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Pressure Vessel Composite Material Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. 3M Company
12.1.2. Air Products and Chemicals, Inc.
12.1.3. Alloy Products Corp.
12.1.4. BASF SE
12.1.5. Bharat Heavy Electricals Limited
12.1.6. Doosan Infracore Co., Ltd.
12.1.7. General Electric Company
12.1.8. Halvorsen Co.
12.1.9. Hexion Inc.
12.1.10. Huntsman International LLC
12.1.11. IHI Plant Services Corporation
12.1.12. Kolon Industries. Inc.
12.1.13. Larsen & Toubro Limited
12.1.14. Mitsubishi Heavy Industries, Ltd.
12.1.15. Nan Ya Plastics Corp.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. PRESSURE VESSEL COMPOSITE MATERIAL MARKET RESEARCH PROCESS
FIGURE 2. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, 2023 VS 2030
FIGURE 3. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PRESSURE VESSEL COMPOSITE MATERIAL MARKET DYNAMICS
FIGURE 7. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 8. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY END USE, 2023 VS 2030 (%)
FIGURE 10. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY END USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA PRESSURE VESSEL COMPOSITE MATERIAL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. PRESSURE VESSEL COMPOSITE MATERIAL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. PRESSURE VESSEL COMPOSITE MATERIAL MARKET SHARE, BY KEY PLAYER, 2023

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