Global Pressure Vessels Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 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.

Scope of the Report:
In consumption market, North America are the mainly consumption regions due to the demand of downstream applications. In 2017, it occupied 32.8% of the global consumption volume in total.
Pressure vessels could be applied in many fields, such as petrochemical, oil & gas, coal chemical, nuclear power, non-ferrous metal and others. With the development of economy, the downstream application industries will need more pressure vessels. So, pressure vessel has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance pressure vessels through improving manufacturing process.
The major raw materials of pressure vessels are steel, copper, aluminum, etc. Fluctuations in the price of the upstream product will impact on the production cost of pressure vessels, and then impact the price of pressure vessels.
The worldwide market for Pressure Vessels is expected to grow at a CAGR of roughly -0.2% over the next five years, will reach 102900 million US$ in 2024, from 103900 million US$ in 2019, according to a new study.
This report focuses on the Pressure Vessels in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
CB&I
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

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Titanium
Steel
Stainless Steel
Nickel Material
Zirconium
Other

Market Segment by Applications, can be divided into
Petrochemical
Oil & Gas
Coal Chemical
Nuclear Power
Non-ferrous Metal
Other

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pressure Vessels product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Pressure Vessels, with price, sales, revenue and global market share of Pressure Vessels in 2017 and 2018.
Chapter 3, the Pressure Vessels competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pressure Vessels breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Pressure Vessels market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Pressure Vessels sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Please Select a Format

market Reports market Reports