Pressure Vessels Industry Research Report 2024

Pressure Vessels Industry Research Report 2024


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 valued at US$ million in 2023 and is anticipated to reach 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 report will help the Pressure Vessels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Pressure Vessels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Pressure Vessels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Pressure Vessels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Pressure Vessels by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Titanium
2.2.3 Steel
2.2.4 Stainless Steel
2.2.5 Nickel Material
2.2.6 Zirconium
2.2.7 Other
2.3 Pressure Vessels by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Petrochemical
2.3.3 Oil & Gas
2.3.4 Coal Chemical
2.3.5 Nuclear Power
2.3.6 Non-ferrous Metal
2.3.7 Other
2.4 Global Market Growth Prospects
2.4.1 Global Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Pressure Vessels Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Pressure Vessels Production Estimates and Forecasts (2019-2030)
2.4.4 Global Pressure Vessels Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Pressure Vessels Production by Manufacturers (2019-2024)
3.2 Global Pressure Vessels Production Value by Manufacturers (2019-2024)
3.3 Global Pressure Vessels Average Price by Manufacturers (2019-2024)
3.4 Global Pressure Vessels Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Pressure Vessels Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Pressure Vessels Manufacturers, Product Type & Application
3.7 Global Pressure Vessels Manufacturers, Date of Enter into This Industry
3.8 Global Pressure Vessels Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 McDermott
4.1.1 McDermott Pressure Vessels Company Information
4.1.2 McDermott Pressure Vessels Business Overview
4.1.3 McDermott Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.1.4 McDermott Product Portfolio
4.1.5 McDermott Recent Developments
4.2 IHI Corporation
4.2.1 IHI Corporation Pressure Vessels Company Information
4.2.2 IHI Corporation Pressure Vessels Business Overview
4.2.3 IHI Corporation Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.2.4 IHI Corporation Product Portfolio
4.2.5 IHI Corporation Recent Developments
4.3 Mitsubishi Heavy Industries
4.3.1 Mitsubishi Heavy Industries Pressure Vessels Company Information
4.3.2 Mitsubishi Heavy Industries Pressure Vessels Business Overview
4.3.3 Mitsubishi Heavy Industries Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.3.4 Mitsubishi Heavy Industries Product Portfolio
4.3.5 Mitsubishi Heavy Industries Recent Developments
4.4 Hitachi Zosen
4.4.1 Hitachi Zosen Pressure Vessels Company Information
4.4.2 Hitachi Zosen Pressure Vessels Business Overview
4.4.3 Hitachi Zosen Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.4.4 Hitachi Zosen Product Portfolio
4.4.5 Hitachi Zosen Recent Developments
4.5 Morimatsu
4.5.1 Morimatsu Pressure Vessels Company Information
4.5.2 Morimatsu Pressure Vessels Business Overview
4.5.3 Morimatsu Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.5.4 Morimatsu Product Portfolio
4.5.5 Morimatsu Recent Developments
4.6 L&T
4.6.1 L&T Pressure Vessels Company Information
4.6.2 L&T Pressure Vessels Business Overview
4.6.3 L&T Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.6.4 L&T Product Portfolio
4.6.5 L&T Recent Developments
4.7 Doosan
4.7.1 Doosan Pressure Vessels Company Information
4.7.2 Doosan Pressure Vessels Business Overview
4.7.3 Doosan Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.7.4 Doosan Product Portfolio
4.7.5 Doosan Recent Developments
4.8 KNM
4.8.1 KNM Pressure Vessels Company Information
4.8.2 KNM Pressure Vessels Business Overview
4.8.3 KNM Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.8.4 KNM Product Portfolio
4.8.5 KNM Recent Developments
4.9 SPVG
4.9.1 SPVG Pressure Vessels Company Information
4.9.2 SPVG Pressure Vessels Business Overview
4.9.3 SPVG Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.9.4 SPVG Product Portfolio
4.9.5 SPVG Recent Developments
4.10 Mersen
4.10.1 Mersen Pressure Vessels Company Information
4.10.2 Mersen Pressure Vessels Business Overview
4.10.3 Mersen Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.10.4 Mersen Product Portfolio
4.10.5 Mersen Recent Developments
4.11 JSW
4.11.1 JSW Pressure Vessels Company Information
4.11.2 JSW Pressure Vessels Business Overview
4.11.3 JSW Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.11.4 JSW Product Portfolio
4.11.5 JSW Recent Developments
4.12 Belleli
4.12.1 Belleli Pressure Vessels Company Information
4.12.2 Belleli Pressure Vessels Business Overview
4.12.3 Belleli Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.12.4 Belleli Product Portfolio
4.12.5 Belleli Recent Developments
4.13 Neuenhauser Kompressorenbau
4.13.1 Neuenhauser Kompressorenbau Pressure Vessels Company Information
4.13.2 Neuenhauser Kompressorenbau Pressure Vessels Business Overview
4.13.3 Neuenhauser Kompressorenbau Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.13.4 Neuenhauser Kompressorenbau Product Portfolio
4.13.5 Neuenhauser Kompressorenbau Recent Developments
4.14 ATB
4.14.1 ATB Pressure Vessels Company Information
4.14.2 ATB Pressure Vessels Business Overview
4.14.3 ATB Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.14.4 ATB Product Portfolio
4.14.5 ATB Recent Developments
4.15 Springs Fabrication
4.15.1 Springs Fabrication Pressure Vessels Company Information
4.15.2 Springs Fabrication Pressure Vessels Business Overview
4.15.3 Springs Fabrication Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.15.4 Springs Fabrication Product Portfolio
4.15.5 Springs Fabrication Recent Developments
4.16 Hanson
4.16.1 Hanson Pressure Vessels Company Information
4.16.2 Hanson Pressure Vessels Business Overview
4.16.3 Hanson Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.16.4 Hanson Product Portfolio
4.16.5 Hanson Recent Developments
4.17 THVOW
4.17.1 THVOW Pressure Vessels Company Information
4.17.2 THVOW Pressure Vessels Business Overview
4.17.3 THVOW Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.17.4 THVOW Product Portfolio
4.17.5 THVOW Recent Developments
4.18 LS Group
4.18.1 LS Group Pressure Vessels Company Information
4.18.2 LS Group Pressure Vessels Business Overview
4.18.3 LS Group Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.18.4 LS Group Product Portfolio
4.18.5 LS Group Recent Developments
4.19 Sunpower Group
4.19.1 Sunpower Group Pressure Vessels Company Information
4.19.2 Sunpower Group Pressure Vessels Business Overview
4.19.3 Sunpower Group Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.19.4 Sunpower Group Product Portfolio
4.19.5 Sunpower Group Recent Developments
4.20 CIMC Enric
4.20.1 CIMC Enric Pressure Vessels Company Information
4.20.2 CIMC Enric Pressure Vessels Business Overview
4.20.3 CIMC Enric Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.20.4 CIMC Enric Product Portfolio
4.20.5 CIMC Enric Recent Developments
4.21 CFHI
4.21.1 CFHI Pressure Vessels Company Information
4.21.2 CFHI Pressure Vessels Business Overview
4.21.3 CFHI Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.21.4 CFHI Product Portfolio
4.21.5 CFHI Recent Developments
4.22 AVIC Liming Jinxi
4.22.1 AVIC Liming Jinxi Pressure Vessels Company Information
4.22.2 AVIC Liming Jinxi Pressure Vessels Business Overview
4.22.3 AVIC Liming Jinxi Pressure Vessels Production, Value and Gross Margin (2019-2024)
4.22.4 AVIC Liming Jinxi Product Portfolio
4.22.5 AVIC Liming Jinxi Recent Developments
5 Global Pressure Vessels Production by Region
5.1 Global Pressure Vessels Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Pressure Vessels Production by Region: 2019-2030
5.2.1 Global Pressure Vessels Production by Region: 2019-2024
5.2.2 Global Pressure Vessels Production Forecast by Region (2025-2030)
5.3 Global Pressure Vessels Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Pressure Vessels Production Value by Region: 2019-2030
5.4.1 Global Pressure Vessels Production Value by Region: 2019-2024
5.4.2 Global Pressure Vessels Production Value Forecast by Region (2025-2030)
5.5 Global Pressure Vessels Market Price Analysis by Region (2019-2024)
5.6 Global Pressure Vessels Production and Value, YOY Growth
5.6.1 North America Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
5.6.5 South Korea Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
5.6.6 India Pressure Vessels Production Value Estimates and Forecasts (2019-2030)
6 Global Pressure Vessels Consumption by Region
6.1 Global Pressure Vessels Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Pressure Vessels Consumption by Region (2019-2030)
6.2.1 Global Pressure Vessels Consumption by Region: 2019-2030
6.2.2 Global Pressure Vessels Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Pressure Vessels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Pressure Vessels Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Pressure Vessels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Pressure Vessels Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Pressure Vessels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Pressure Vessels Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Pressure Vessels Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Pressure Vessels Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Pressure Vessels Production by Type (2019-2030)
7.1.1 Global Pressure Vessels Production by Type (2019-2030) & (K MT)
7.1.2 Global Pressure Vessels Production Market Share by Type (2019-2030)
7.2 Global Pressure Vessels Production Value by Type (2019-2030)
7.2.1 Global Pressure Vessels Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Pressure Vessels Production Value Market Share by Type (2019-2030)
7.3 Global Pressure Vessels Price by Type (2019-2030)
8 Segment by Application
8.1 Global Pressure Vessels Production by Application (2019-2030)
8.1.1 Global Pressure Vessels Production by Application (2019-2030) & (K MT)
8.1.2 Global Pressure Vessels Production by Application (2019-2030) & (K MT)
8.2 Global Pressure Vessels Production Value by Application (2019-2030)
8.2.1 Global Pressure Vessels Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Pressure Vessels Production Value Market Share by Application (2019-2030)
8.3 Global Pressure Vessels Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Pressure Vessels Value Chain Analysis
9.1.1 Pressure Vessels Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Pressure Vessels Production Mode & Process
9.2 Pressure Vessels Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Pressure Vessels Distributors
9.2.3 Pressure Vessels Customers
10 Global Pressure Vessels Analyzing Market Dynamics
10.1 Pressure Vessels Industry Trends
10.2 Pressure Vessels Industry Drivers
10.3 Pressure Vessels Industry Opportunities and Challenges
10.4 Pressure Vessels Industry Restraints
11 Report Conclusion
12 Disclaimer

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