Pressure Vessel Global Market Report 2024

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

Name: Pressure Vessel Global Market Report 2024
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Pressure Vessel Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Pressure Vessel Market Definition

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 include 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.

Pressure Vessel Market Segmentation

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

Global Pressure Vessel Market Size 2023 to 2028: Graph

Pressure Vessel Market Size 2024 And Growth Rate

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.

Pressure Vessel Market Growth Forecast

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.

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Pressure Vessel Market Driver: 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.

Pressure Vessel Market Driver: 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.

Global Pressure Vessel Market Major Players

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

Global Pressure Vessel Market Trend: Hexagon's Pv Elite 23 And The 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.

Global Pressure Vessel Market Trend: 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.

Pressure Vessel Market Merger And Acquisition: 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.

Regional Outlook For The Global Pressure Vessel Market

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 Forecast And Analysis

Report Attribute	Details
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	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, 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 Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

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?

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?

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.