Pressure Vessel Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032
CHAPTER 1. Industry Overview of Pressure Vessel Market
1.1. Definition and Scope
1.1.1. Definition of Pressure Vessel
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Pressure Vessel Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Pressure Vessel Market By Product
1.2.3. Pressure Vessel Market By Material
1.2.4. Pressure Vessel Market By Construction Type
1.2.5. Pressure Vessel Market By Application
1.2.6. Pressure Vessel Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Pressure Vessel Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Pressure Vessel Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Pressure Vessel Market By Product
5.1. Introduction
5.2. Pressure Vessel Revenue By Product
5.2.1. Pressure Vessel Revenue (USD Billion) and Forecast, By Product, 2020-2032
5.2.2. Boilers
5.2.2.1. Boilers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Nuclear Reactors
5.2.3.1. Nuclear Reactors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4. Separators
5.2.4.1. Separators Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.5. Other
5.2.5.1. Other Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Pressure Vessel Market By Material
6.1. Introduction
6.2. Pressure Vessel Revenue By Material
6.2.1. Pressure Vessel Revenue (USD Billion) and Forecast, By Material, 2020-2032
6.2.2. Steel Alloys
6.2.2.1. Steel Alloys Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Composites
6.2.3.1. Composites Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.4. Other Alloys
6.2.4.1. Other Alloys Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Pressure Vessel Market By Construction Type
7.1. Introduction
7.2. Pressure Vessel Revenue By Construction Type
7.2.1. Pressure Vessel Revenue (USD Billion) and Forecast, By Construction Type, 2020-2032
7.2.2. CNG Type I
7.2.2.1. CNG Type I Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. CNG Type II
7.2.3.1. CNG Type II Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. CNG Type III
7.2.4.1. CNG Type III Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5. CNG Type IV
7.2.5.1. CNG Type IV Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. Pressure Vessel Market By Application
8.1. Introduction
8.2. Pressure Vessel Revenue By Application
8.2.1. Pressure Vessel Revenue (USD Billion) and Forecast, By Application, 2020-2032
8.2.2. Oil & Gas
8.2.2.1. Oil & Gas Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.3. Chemical & petrochemical
8.2.3.1. Chemical & Petrochemical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.4. Power Generation
8.2.4.1. Power Generation Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.5. Others
8.2.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 9. North America Pressure Vessel Market By Country
9.1. North America Pressure Vessel Market Overview
9.2. U.S.
9.2.1. U.S. Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
9.2.2. U.S. Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
9.2.3. U.S. Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
9.2.4. U.S. Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
9.3. Canada
9.3.1. Canada Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
9.3.2. Canada Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
9.3.3. Canada Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
9.3.4. Canada Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
9.4. North America PEST Analysis
CHAPTER 10. Europe Pressure Vessel Market By Country
10.1. Europe Pressure Vessel Market Overview
10.2. U.K.
10.2.1. U.K. Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
10.2.2. U.K. Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
10.2.3. U.K. Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
10.2.4. U.K. Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
10.3. Germany
10.3.1. Germany Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
10.3.2. Germany Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
10.3.3. Germany Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
10.3.4. Germany Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
10.4. France
10.4.1. France Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
10.4.2. France Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
10.4.3. France Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
10.4.4. France Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
10.5. Spain
10.5.1. Spain Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
10.5.2. Spain Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
10.5.3. Spain Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
10.5.4. Spain Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
10.6. Rest of Europe
10.6.1. Rest of Europe Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
10.6.2. Rest of Europe Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
10.6.3. Rest of Europe Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
10.6.4. Rest of Europe Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
10.7. Europe PEST Analysis
CHAPTER 11. Asia Pacific Pressure Vessel Market By Country
11.1. Asia Pacific Pressure Vessel Market Overview
11.2. China
11.2.1. China Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
11.2.2. China Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
11.2.3. China Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
11.2.4. China Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
11.3. Japan
11.3.1. Japan Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
11.3.2. Japan Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
11.3.3. Japan Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
11.3.4. Japan Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
11.4. India
11.4.1. India Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
11.4.2. India Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
11.4.3. India Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
11.4.4. India Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
11.5. Australia
11.5.1. Australia Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
11.5.2. Australia Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
11.5.3. Australia Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
11.5.4. Australia Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
11.6. South Korea
11.6.1. South Korea Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
11.6.2. South Korea Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
11.6.3. South Korea Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
11.6.4. South Korea Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
11.7. Rest of Asia-Pacific
11.7.1. Rest of Asia-Pacific Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
11.7.2. Rest of Asia-Pacific Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
11.7.3. Rest of Asia-Pacific Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
11.7.4. Rest of Asia-Pacific Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
11.8. Asia Pacific PEST Analysis
CHAPTER 12. Latin America Pressure Vessel Market By Country
12.1. Latin America Pressure Vessel Market Overview
12.2. Brazil
12.2.1. Brazil Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
12.2.2. Brazil Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
12.2.3. Brazil Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
12.2.4. Brazil Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
12.3. Mexico
12.3.1. Mexico Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
12.3.2. Mexico Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
12.3.3. Mexico Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
12.3.4. Mexico Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
12.4. Rest of Latin America
12.4.1. Rest of Latin America Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
12.4.2. Rest of Latin America Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
12.4.3. Rest of Latin America Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
12.4.4. Rest of Latin America Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
12.5. Latin America PEST Analysis
CHAPTER 13. Middle East & Africa Pressure Vessel Market By Country
13.1. Middle East & Africa Pressure Vessel Market Overview
13.2. GCC
13.2.1. GCC Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
13.2.2. GCC Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
13.2.3. GCC Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
13.2.4. GCC Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
13.3. South Africa
13.3.1. South Africa Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
13.3.2. South Africa Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
13.3.3. South Africa Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
13.3.4. South Africa Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
13.4. Rest of Middle East & Africa
13.4.1. Rest of Middle East & Africa Pressure Vessel Revenue (USD Billion) and Forecast By Product, 2020-2032
13.4.2. Rest of Middle East & Africa Pressure Vessel Revenue (USD Billion) and Forecast By Material, 2020-2032
13.4.3. Rest of Middle East & Africa Pressure Vessel Revenue (USD Billion) and Forecast By Construction Type, 2020-2032
13.4.4. Rest of Middle East & Africa Pressure Vessel Revenue (USD Billion) and Forecast By Application, 2020-2032
13.5. Middle East & Africa PEST Analysis
CHAPTER 14. Player Analysis Of Pressure Vessel Market
14.1. Pressure Vessel Market Company Share Analysis
14.2. Competition Matrix
14.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
14.2.2. New Product Launches and Product Enhancements
14.2.3. Mergers And Acquisition In Global Pressure Vessel Market
14.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 15. Company Profile
15.1. Mitsubishi Heavy Industries, Ltd.
15.1.1. Company Snapshot
15.1.2. Business Overview
15.1.3. Financial Overview
15.1.3.1. Revenue (USD Billion), 2022
15.1.3.2. Mitsubishi Heavy Industries, Ltd. 2022 Pressure Vessel Business Regional Distribution
15.1.4. Product /Service and Specification
15.1.5. Recent Developments & Business Strategy
15.2. General Electric Company
15.3. Doosan Heavy Industries & Construction Co., Ltd.
15.4. Babcock and Wilcox Enterprises, Inc.
15.5. Larsen & Toubro Limited
15.6. Bharat Heavy Electricals Limited
15.7. Dongfang Electric Machinery Co., Ltd.
15.8. Samuel Pressure Vessel Group
15.9. IHI Corporation
15.10. Westinghouse Electric Company LLC
Frequently Asked Questions
How big is the pressure vessel market?
The pressure vessel market size was USD 48.2 billion in 2022.
What is the CAGR of the global pressure vessel market from 2023 to 2032?
The CAGR of pressure vessel is 5.6% during the analysis period of 2023 to 2032.
Which are the key players in the pressure vessel market?
The key players operating in the global market are including Mitsubishi Heavy Industries, Ltd., General Electric Company, Doosan Heavy Industries & Construction Co., Ltd., Babcock and Wilcox Enterprises, Inc., Larsen & Toubro Limited, Bharat Heavy Electricals Limited, Dongfang Electric Machinery Co., Ltd., Samuel Pressure Vessel Group, IHI Corporation, Westinghouse Electric Company LLC.
Which region dominated the global pressure vessel market share?
North America held the dominating position in pressure vessel industry during the analysis period of 2023 to 2032.
Which region registered fastest CAGR from 2023 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for market of pressure vessel during the analysis period of 2023 to 2032.
What are the current trends and dynamics in the global pressure vessel industry?
The current trends and dynamics in the pressure vessel industry include increasing chemical & petrochemical production industry, rise in demand for hydrogen & compressed natural gas (CNG) vehicle, and upsurge in global energy demand.
Which product held the maximum share in 2022?
The boilers product held the maximum share of the pressure vessel industry.
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