Global Type IV Composite Pressure Vessel Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Type IV Composite Pressure Vessel market size was valued at US$ 284 million in 2024 and is forecast to a readjusted size of USD 388 million by 2031 with a CAGR of 4.6% during review period.

Type IV Composite Pressure Vessel is an all-composite construction featuring a polymer (typically high-density polyethylene, or HDPE) liner with carbon fiber or hybrid carbon/glass fiber composite. The composite materials carry all of the structural loads.

The Type IV Composite Pressure Vessel is an innovative solution for pressure containment, experiencing a growing demand in the market. Its distinctive composite material structure offers excellent corrosion resistance and reduced weight, rendering it applicable across various industries. The market size continues to expand, notably finding extensive usage in sectors like oil and petrochemicals, aerospace, and hydrogen energy. Sales of Type IV Composite Pressure Vessels are on a consistent rise, with their specific applications in high-pressure gas and liquefied gas storage and transport gaining widespread recognition. Looking ahead, propelled by advancing technologies, these vessels are poised to extend their utility into additional domains such as renewable energy, medical equipment, and marine engineering, thus continually propelling innovative advancements within the industry.

This report is a detailed and comprehensive analysis for global Type IV Composite Pressure Vessel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Type IV Composite Pressure Vessel market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Type IV Composite Pressure Vessel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Type IV Composite Pressure Vessel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Type IV Composite Pressure Vessel market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Type IV Composite Pressure Vessel

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Type IV Composite Pressure Vessel market based on the following parameters - company overview, sales quantity, revenue, 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 Industries, 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.

Market Segmentation

Type IV Composite Pressure Vessel market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Carbon Fiber
Glass Fiber
Other

Market segment by Application
CNG Storage Tank
LPG Storage Tank
Hydrogen Storage Tank
Others

Major players covered
Luxfer Group
ILJIN Hysolus
Faber Industrie
Worthington Industries
Hexagon Purus
Umoe Advanced Composites
NPROXX
Kautex Maschinenbau
Steelhead Composites
Quantum Fuel Systems
Faurecia CLD Safety Technology (Shenyang)
Beijing Tianhai Industry
Shandong Auyan New Energy Technology
Sinoma Science & Technology

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Type IV Composite Pressure Vessel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Type IV Composite Pressure Vessel, with price, sales quantity, revenue, and global market share of Type IV Composite Pressure Vessel from 2020 to 2025.

Chapter 3, the Type IV Composite Pressure Vessel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Type IV Composite Pressure Vessel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Type IV Composite Pressure Vessel market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Type IV Composite Pressure Vessel.

Chapter 14 and 15, to describe Type IV Composite Pressure Vessel sales channel, distributors, customers, research findings and conclusion.