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Global Pressure Vessel Market Report 2024

Pressure Vessel Global Market Report 2024 – By Type( Boiler, Reactor, Separator, Other Types), By Heat Source( Fired, Un-Fired), By Material Type( Steel Alloys, Composites, Other Material Types), By Application( Storage Vessels, Processing Vessels), By End-User Channel( Power, Oil and Gas, Food and Beverages, Pharmaceuticals, Chemicals, Other End-User Channels) – Market Size, Trends, And Global Forecast 2024-2033

Pressure Vessel Global Market Report 2024

Starting Price : $4000.00 | Pages : 200 | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Pressure Vessel Market Definition And Segments

Pressure vessel is a container designed to hold gases or liquids at a pressure substantially different from the ambient pressure. These are used for storing liquid or gases such as petroleum products, chemicals, or even air or water at high pressure.

The main types of pressure vessels include boiler, reactor, separator and other types. Boilers are used to heat the liquids and other materials. Boilers or tanks designed to operate at pressures significantly higher than ambient pressure, typically defined as greater than 15 PSIG are considered pressure vessels. The pressure vessels heat sources include fired and un-fired, with applications such as storage vessels and processing vessels. The pressure vessels material type includes steel alloys, composites and other material types, used by end-user channels including power, oil and gas, food and beverages, pharmaceuticals, chemicals and other end-user channels.

The pressure vessel market covered in this report is segmented –

1) By Type: Boiler, Reactor, Separator, Other Types

2) By Heat Source: Fired, Un-Fired

3) By Material Type: Steel Alloys, Composites, Other Material Types

4) By Application: Storage Vessels, Processing Vessels

5) By End-User Channel: Power, Oil and Gas, Food and Beverages, Pharmaceuticals, Chemicals, Other End-User Channels

The pressure vessel market size has grown strongly in recent years. It will grow from $38.33 billion in 2023 to $40.39 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to industrial expansion and growth, increased energy consumption, advancements in materials and fabrication techniques, stringent safety regulations, infrastructure development projects, rise in nuclear power generation, globalization of manufacturing, advances in non-destructive testing.

The pressure vessel market size is expected to see strong growth in the next few years. It will grow to $49.94 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to transition to cleaner energy sources, focus on sustainable manufacturing, expansion of chemical and petrochemical sectors, increasing role in carbon capture, development of small-scale modular reactors, increased adoption of pressure vessels in water treatment. Major trends in the forecast period include advancements in materials and manufacturing, customization and engineering solutions, focus on lightweight materials, life cycle cost considerations, resilience to external forces, adoption of non-destructive testing techniques.

The Surging Global Thermal Energy Demand Fueling The Adoption Of Pressure Vessels

The rising global thermal energy demand leading to the growing adoption of pressure vessels is the major driver for the growth of the market. Thermal energy is the term used to describe the energy present in a system that determines its temperature. Nuclear energy is used to generate thermal power and there are different pressure vessels used in the production process where vessels provide one of several barriers that keep radioactive material out of the environment. For example, according to projections from the International Atomic Energy Agency (IAEA), an Austria-based intergovernmental organization, world nuclear generating capacity is expected to more than double to 873 gigawatts net electrical (GW(e)) by 2050, compared with current levels of around 390 GW(e) in 2021. Thus, the rising global thermal energy demand leading to the growing adoption of pressure vessels is the major driver which helps in the growth of the market.

The Pivotal Role Of Pressure Vessels In The Rising Tide Of Renewable Power

Increased adoption of renewable sources of energy is significantly contributing to the growth of the pressure vessel market. Renewable energy comes from natural sources that replenish themselves more quickly than they are used up. Pressure vessels play a crucial role in renewable energy applications, particularly in the storage and utilization of various gases. Additionally, pressure vessels are employed in the storage and transportation of hydrogen, a key element in green hydrogen production for fuel cells and other clean energy technologies. For instance, according to a report by the International Energy Agency, a Paris-based autonomous intergovernmental organization, in December 2022, the global renewable power capacity is expected to grow by 2 400 gigawatts (GW) over the 2022-2027 period. This increase is 30% higher than the amount of growth that was forecast in 2021, highlighting how quickly governments have thrown additional policy weight behind renewables. Renewables are set to account for over 90% of global electricity expansion over the next five years, overtaking coal to become the largest source of global electricity by early 2025. Therefore, the increased adoption of renewable energy sources is expected to propel the growth of the pressure vessel market.

Major companies operating in the pressure vessel market report are Babcock & Wilcox Enterprises, General Electric Company, Larsen & Toubro, Mitsubishi Hitachi Power Systems, Hitachi Zosen, Bharat Heavy Electricals Limited, Samuel Pressure Vessel Group, Halvorsen Company, Doosan Heavy Industries & Construction Co. Ltd., DongFang Turbine Co. Ltd., Westinghouse Electric Company, Kelvion Holding GmbH, Ergil Grup, Alfa Laval AB, Abbott & Co (Newark) Ltd., Alloy Products Corp., GEA Group AG, IHI Plant Services Corporation, Fabrication Services Inc., Engineered Pressure Systems Inc., Andritz AG, SPX Corporation, Sumitomo Heavy Industries Ltd., Siemens AG, Nooter/Eriksen Inc., NuScale Power LLC, Zhejiang Shengda Steel Tower Co. Ltd., The Babcock & Wilcox Company, Parker Hannifin Corporation, Mannesmann AG

Technological Wave In The Pressure Vessel Market

The technological innovation is a key trend gaining popularity in the pressure vessel market. The key players are increasingly focusing on integrating smarter and safer safety systems for better design and analysis as well as to gain a competitive edge in the market. For example, in January 2021, a Sweden-based sensor solutions, software solutions, autonomous solutions company, Hexagon launched its PV Elite 23, a complete solution for vessel and heat exchanger design, analysis and evaluation. The automatic design options help users to efficiently modify vessel design to save time and design equipment for the most extreme uses, quickly, accurately and profitably.

Saudi Aramco's Partnership With Larsen & Toubro For Advancing Manufacturing Capabilities

Major companies collaborate and get into partnerships to strengthen their position in the market. A business strategic partnership refers to a structured affiliation between two or more commercial enterprises, typically established via one or more business agreements or contracts. For instance, in December 2021, Saudi Aramco, a Saudi Arabia-based petroleum and natural gas company partnered with Larsen & Toubro. The collaboration aims to develop the manufacturing capabilities in the Kingdom of Saudi Arabia. Larsen & Toubro Ltd. is an India-based multinational conglomerate company.

Hexagon Purus Asa's Strategic Acquisition Of Wystrach Gmbh Strengthens Global Leadership In Zero-Emission Mobility Solutions

In September 2021, Hexagon Purus ASA, a Norway-based provider of hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems integration for fuel cell electric and battery electric vehicles, acquired 100% stake in Wystrach GmbH, for EUR 43.3 million ($44.36 million). The transaction solidifies Hexagon Purus’ status as the world's premier provider of zero-emission mobility solutions. Wystrach is a Germany-based provider of high-pressure storage and transportation solutions for hydrogen and other gases.

North America was the largest region in the pressure vessel market share in 2023. Western Europe was the second-largest region in the pressure vessel market analysis. The regions covered in the pressure vessel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the pressure vessel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pressure vessel market consists of sales of glassware, autoclaves, compressed gas cylinders, compressors and vacuum chambers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The pressure vessel market research report is one of a series of new reports from The Business Research Company that provides pressure vessel market statistics, including pressure vessel industry global market size, regional shares, competitors with a pressure vessel market share, detailed pressure vessel market segments, market trends and opportunities, and any further data you may need to thrive in the pressure vessel industry. This pressure vessel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Pressure Vessel Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $40.39 billion
Revenue Forecast In 2033 $49.94 billion
Growth Rate CAGR of 5.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Boiler, Reactor, Separator, Other Types
2) By Heat Source: Fired, Un-Fired
3) By Material Type: Steel Alloys, Composites, Other Material Types
4) By Application: Storage Vessels, Processing Vessels
5) By End-User Channel: Power, Oil and Gas, Food and Beverages, Pharmaceuticals, Chemicals, Other End-User Channels
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Babcock & Wilcox Enterprises; General Electric Company; Larsen & Toubro; Mitsubishi Hitachi Power Systems; Hitachi Zosen; Bharat Heavy Electricals Limited; Samuel Pressure Vessel Group; Halvorsen Company; Doosan Heavy Industries & Construction Co. Ltd.; DongFang Turbine Co. Ltd.; Westinghouse Electric Company; Kelvion Holding GmbH; Ergil Grup; Alfa Laval AB; Abbott & Co (Newark) Ltd.; Alloy Products Corp.; GEA Group AG; IHI Plant Services Corporation; Fabrication Services Inc.; Engineered Pressure Systems Inc.; Andritz AG; SPX Corporation; Sumitomo Heavy Industries Ltd.; Siemens AG; Nooter/Eriksen Inc.; NuScale Power LLC; Zhejiang Shengda Steel Tower Co. Ltd.; The Babcock & Wilcox Company; Parker Hannifin Corporation; Mannesmann AG
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Pressure Vessel  Market Characteristics

    3. Pressure Vessel  Market Trends And Strategies

    4. Pressure Vessel  Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Pressure Vessel  Market Size and Growth

    5.1. Global Pressure Vessel  Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Pressure Vessel  Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Pressure Vessel  Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Pressure Vessel  Market Segmentation

    6.1. Global Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Boiler

    Reactor

    Separator

    Other Types

    6.2. Global Pressure Vessel  Market, Segmentation By Heat Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Fired

    Un-Fired

    6.3. Global Pressure Vessel  Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Steel Alloys

    Composites

    Other Material Types

    6.4. Global Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Storage Vessels

    Processing Vessels

    6.5. Global Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Power

    Oil and Gas

    Food and Beverages

    Pharmaceuticals

    Chemicals

    Other End-User Channels

    7. Pressure Vessel  Market Regional And Country Analysis

    7.1. Global Pressure Vessel  Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Pressure Vessel  Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Pressure Vessel  Market  

    8.1. Asia-Pacific Pressure Vessel  Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Pressure Vessel  Market  

    9.1. China Pressure Vessel  Market Overview  

    9.2. China Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Pressure Vessel  Market  

    10.1. India Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Pressure Vessel  Market  

    11.1. Japan Pressure Vessel  Market Overview  

    11.2. Japan Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Pressure Vessel  Market  

    12.1. Australia Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Pressure Vessel  Market  

    13.1. Indonesia Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Pressure Vessel  Market  

    14.1. South Korea Pressure Vessel  Market Overview  

    14.2. South Korea Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Pressure Vessel  Market  

    15.1. Western Europe Pressure Vessel  Market Overview

    15.2. Western Europe Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Pressure Vessel  Market  

    16.1. UK Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Pressure Vessel  Market  

    17.1. Germany Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Pressure Vessel  Market  

    18.5. France Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Pressure Vessel  Market  

    19.9. Italy Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Pressure Vessel  Market  

    20.13. Spain Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Pressure Vessel  Market  

    21.1. Eastern Europe Pressure Vessel  Market Overview

    21.2. Eastern Europe Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Pressure Vessel  Market  

    22.1. Russia Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Pressure Vessel  Market  

    23.1. North America Pressure Vessel  Market Overview

    23.2. North America Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Pressure Vessel  Market  

    24.1. USA Pressure Vessel  Market Overview

    24.2. USA Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Pressure Vessel  Market  

    25.1. Canada Pressure Vessel  Market Overview

    25.2. Canada Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Pressure Vessel  Market  

    26.1. South America Pressure Vessel  Market Overview

    26.2. South America Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Pressure Vessel  Market  

    27.1. Brazil Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Pressure Vessel  Market  

    28.1. Middle East Pressure Vessel  Market Overview

    28.2. Middle East Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Pressure Vessel  Market  

    29.1. Africa Pressure Vessel  Market Overview

    29.2. Africa Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Pressure Vessel  Market Competitive Landscape And Company Profiles

    30.1. Pressure Vessel  Market Competitive Landscape

    30.2. Pressure Vessel  Market Company Profiles

    30.2.1. Babcock & Wilcox Enterprises

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. General Electric Company

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Larsen & Toubro

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Mitsubishi Hitachi Power Systems

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Hitachi Zosen

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Pressure Vessel  Market Competitive Benchmarking

    32. Global Pressure Vessel  Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Pressure Vessel  Market

    34. Pressure Vessel  Market Future Outlook and Potential Analysis

    34.1 Pressure Vessel  Market In 2028 - Countries Offering Most New Opportunities

    34.2 Pressure Vessel  Market In 2028 - Segments Offering Most New Opportunities

    34.3 Pressure Vessel  Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Pressure Vessel  Market, Segmentation By Heat Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Pressure Vessel  Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Pressure Vessel  Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Pressure Vessel  Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Babcock & Wilcox Enterprises Financial Performance
  • Table 77: General Electric Company Financial Performance
  • Table 78: Larsen & Toubro Financial Performance
  • Table 79: Mitsubishi Hitachi Power Systems Financial Performance
  • Table 80: Hitachi Zosen Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Pressure Vessel  Market, Segmentation By Heat Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Pressure Vessel  Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Pressure Vessel  Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Pressure Vessel  Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Pressure Vessel  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Pressure Vessel  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Pressure Vessel  Market, Segmentation By End-User Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Babcock & Wilcox Enterprises Financial Performance
  • Figure 77: General Electric Company Financial Performance
  • Figure 78: Larsen & Toubro Financial Performance
  • Figure 79: Mitsubishi Hitachi Power Systems Financial Performance
  • Figure 80: Hitachi Zosen Financial Performance
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Frequently Asked Questions

What is the definition of the pressure vessel market?

Pressure vessel is a container designed to hold gases or liquids at a pressure substantially different from the ambient pressure. These are used for storing liquid or gases such as petroleum products, chemicals, or even air or water at high pressure. For further insights on the pressure vessel market, request a sample here

How will the pressure vessel market drivers and restraints affect the pressure vessel market dynamics? What forces will shape the pressure vessel industry going forward?

The pressure vessel market major growth driver - the surging global thermal energy demand fueling the adoption of pressure vessels. For further insights on the pressure vessel market, request a sample here

What is the forecast market size or the forecast market value of the pressure vessel market ?

The pressure vessel market size has grown strongly in recent years. It will grow from $38.33 billion in 2023 to $40.39 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to industrial expansion and growth, increased energy consumption, advancements in materials and fabrication techniques, stringent safety regulations, infrastructure development projects, rise in nuclear power generation, globalization of manufacturing, advances in non-destructive testing. The pressure vessel market size is expected to see strong growth in the next few years. It will grow to $49.94 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to transition to cleaner energy sources, focus on sustainable manufacturing, expansion of chemical and petrochemical sectors, increasing role in carbon capture, development of small-scale modular reactors, increased adoption of pressure vessels in water treatment. Major trends in the forecast period include advancements in materials and manufacturing, customization and engineering solutions, focus on lightweight materials, life cycle cost considerations, resilience to external forces, adoption of non-destructive testing techniques. For further insights on the pressure vessel market, request a sample here

How is the pressure vessel market segmented?

The pressure vessel market is segmentedThe pressure vessel market covered in this report is segmented –
1) By Type: Boiler, Reactor, Separator, Other Types
2) By Heat Source: Fired, Un-Fired
3) By Material Type: Steel Alloys, Composites, Other Material Types
4) By Application: Storage Vessels, Processing Vessels
5) By End-User Channel: Power, Oil and Gas, Food and Beverages, Pharmaceuticals, Chemicals, Other End-User ChannelsFor further insights on the pressure vessel market, request a sample here

Which region has the largest share of the pressure vessel market? What are the other regions covered in the report?

North America was the largest region in the pressure vessel market share in 2023. Western Europe was the second-largest region in the pressure vessel market analysis. The regions covered in the pressure vessel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the pressure vessel market, request a sample here.

Who are the major players in the pressure vessel market?

Major companies operating in the pressure vessel market report are Babcock & Wilcox Enterprises, General Electric Company, Larsen & Toubro, Mitsubishi Hitachi Power Systems, Hitachi Zosen, Bharat Heavy Electricals Limited, Samuel Pressure Vessel Group, Halvorsen Company, Doosan Heavy Industries & Construction Co. Ltd., DongFang Turbine Co. Ltd., Westinghouse Electric Company, Kelvion Holding GmbH, Ergil Grup, Alfa Laval AB, Abbott & Co (Newark) Ltd., Alloy Products Corp., GEA Group AG, IHI Plant Services Corporation, Fabrication Services Inc., Engineered Pressure Systems Inc., Andritz AG, SPX Corporation, Sumitomo Heavy Industries Ltd., Siemens AG, Nooter/Eriksen Inc., NuScale Power LLC, Zhejiang Shengda Steel Tower Co. Ltd., The Babcock & Wilcox Company, Parker Hannifin Corporation, Mannesmann AG For further insights on the pressure vessel market, request a sample here.

What are the key trends in the pressure vessel market?

Major trend in the pressure vessel market - hexagon's pv elite 23 and the technological wave in the pressure vessel market. For further insights on the pressure vessel market, request a sample here.

What are the major opportunities in the pressure vessel market? What are the strategies for the pressure vessel market?

For detailed insights on the major opportunities and strategies in the pressure vessel market, request a sample here.

How does the pressure vessel market relate to the overall economy and other similar markets?

For detailed insights on pressure vessel market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the pressure vessel industry?

For detailed insights on the mergers and acquisitions in the pressure vessel industry, request a sample here.

What are the key dynamics influencing the pressure vessel market growth? SWOT analysis of the pressure vessel market.

For detailed insights on the key dynamics influencing the pressure vessel market growth and SWOT analysis of the pressure vessel industry, request a sample here.