Pressure Vessel Global Market Report 2025

Global Pressure Vessel Market Report 2024

Pressure Vessel Global Market Report 2025 – 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 2025-2034

Name: Pressure Vessel Global Market Report 2025
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Pressure Vessel Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Pressure Vessel Global Market Report 2025

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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 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.

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

Subsegments:

1) By Boiler: Water-Tube Boilers, Fire-Tube Boilers

2) By Reactor: Batch Reactors, Continuous Reactors

3) By Separator: Gas-Liquid Separators, Liquid-Liquid Separators

4) By Other Types: Storage Tanks, Pressure Regulating Vessels, Heat Exchangers

Pressure Vessel Market Size and growth rate 2025 to 2029: Graph

Pressure Vessel Market Size 2025 And Growth Rate

The pressure vessel market size has grown strongly in recent years. It will grow from $40.08 billion in 2024 to $42.11 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. 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 $52.83 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. 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 are 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., Parker Hannifin Corporation, Mannesmann AG

Global Pressure Vessel Market Trend: Technological Wave In The Pressure Vessel Market

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 instance, in September 2024, NPROXX, a Netherlands-based company that offers hydrogen storage solutions, launched the AH620-70 hydrogen pressure vessel, designed to operate at a pressure of 700 bar. This vessel targets the heavy vehicle market, including long-haul trucks and the automotive sector. It complies with strict regulations such as R134 and HGV2, ensuring safety and reliability for hydrogen storage applications. The AH620-70 features a lightweight design that enhances the efficiency and range of hydrogen-powered vehicles, marking a significant advancement in sustainable transportation solutions.

Global Pressure Vessel Market Trend: Steelhead Composites Partnership With Graphmatech For Development Of Hydrogen Storage Tanks

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 September 2022, Steelhead Composites, a US-based company in composite materials, partnered with Graphmatech, a Sweden-based company known for its graphene technology. This collaboration aims to enhance the development of hydrogen storage tanks by incorporating graphene into their design. By leveraging the unique properties of graphene, the partnership seeks to create lighter and more efficient storage solutions, which are essential for promoting hydrogen as a clean energy source. This initiative is part of a broader effort to improve the safety and performance of hydrogen storage systems, contributing significantly to innovations within the hydrogen sector.

Pressure Vessel Market Merger And Acquisition: BEA Technologies Acquisition Of TECNO INOX

In April 2024, BEA Technologies, an Italy-based company that produces automatic filtration systems acquired TECNO INOX for an undisclosed amount. With this acquisition, BEA Technologies aims to leverage TECNO INOX’s expertise in stainless steel pressure vessels to enhance its automatic filtration system offerings, expanding its product portfolio for applications in diverse industries such as food, beverage, and pharmaceuticals while improving manufacturing processes and quality standards. TECNO INOX is an Italy-based company that offers pressure vessels.

Regional Outlook For The Global Pressure Vessel Market

North America was the largest region in the pressure vessel market share in 2024. 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.

What Defines the Pressure Vessel Market?

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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Pressure Vessel Industry?

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 Analysis

Report Attribute	Details
Market Size Value In 2025	$42.11 billion
Revenue Forecast In 2034	$52.83 billion
Growth Rate	CAGR of 5.8% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
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 Subsegments: 1) By Boiler: Water-Tube Boilers, Fire-Tube Boilers 2) By Reactor: Batch Reactors, Continuous Reactors 3) By Separator: Gas-Liquid Separators, Liquid-Liquid Separators 4) By Other Types: Storage Tanks, Pressure Regulating Vessels, Heat Exchangers
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 are 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	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., 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 Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Pressure Vessel Growth Analysis And Strategic Analysis Framework

5.1. Global Pressure Vessel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Pressure Vessel Market Growth Rate Analysis

5.4. Global Pressure Vessel Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Pressure Vessel Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Pressure Vessel Total Addressable Market (TAM)

6. Pressure Vessel Market Segmentation

6.1. Global Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Boiler

Reactor

Separator

Other Types

6.2. Global Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Fired

Un-Fired

6.3. Global Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Steel Alloys

Composites

Other Material Types

6.4. Global Pressure Vessel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Storage Vessels

Processing Vessels

6.5. Global Pressure Vessel Market, Segmentation By End-User Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Power

Oil and Gas

Food and Beverages

Pharmaceuticals

Chemicals

Other End-User Channels

6.6. Global Pressure Vessel Market, Sub-Segmentation Of Boiler, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Water-Tube Boilers

Fire-Tube Boilers

6.7. Global Pressure Vessel Market, Sub-Segmentation Of Reactor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Batch Reactors

Continuous Reactors

6.8. Global Pressure Vessel Market, Sub-Segmentation Of Separator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Gas-Liquid Separators

Liquid-Liquid Separators

6.9. Global Pressure Vessel Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Storage Tanks

Pressure Regulating Vessels

Heat Exchangers

7. Pressure Vessel Market Regional And Country Analysis

7.1. Global Pressure Vessel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Pressure Vessel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Pressure Vessel Market

8.1. Asia-Pacific Pressure Vessel Market Overview

Region Information, 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, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Pressure Vessel Market

10.1. India Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Pressure Vessel Market

12.1. Australia Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Pressure Vessel Market

13.1. Indonesia Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Pressure Vessel Market

16.1. UK Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Pressure Vessel Market

17.1. Germany Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Pressure Vessel Market

18.1. France Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Pressure Vessel Market

19.1. Italy Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Pressure Vessel Market

20.1. Spain Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Pressure Vessel Market

22.1. Russia Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Pressure Vessel Market

27.1. Brazil Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Larsen & Toubro Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Mitsubishi Hitachi Power Systems Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Hitachi Zosen Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Bharat Heavy Electricals Limited Overview, Products and Services, Strategy and Financial Analysis

31. Pressure Vessel Market Other Major And Innovative Companies

31.1. Samuel Pressure Vessel Group

31.2. Halvorsen Company

31.3. Doosan Heavy Industries & Construction Co. Ltd.

31.4. DongFang Turbine Co. Ltd.

31.5. Westinghouse Electric Company

31.6. Kelvion Holding GmbH

31.7. Ergil Grup

31.8. Alfa Laval AB

31.9. Abbott & Co (Newark) Ltd.

31.10. Alloy Products Corp.

31.11. GEA Group AG

31.12. IHI Plant Services Corporation

31.13. Fabrication Services Inc.

31.14. Engineered Pressure Systems Inc.

31.15. Andritz AG

32. Global Pressure Vessel Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Pressure Vessel Market

34. Recent Developments In The Pressure Vessel Market

35. Pressure Vessel Market High Potential Countries, Segments and Strategies

35.1 Pressure Vessel Market In 2029 - Countries Offering Most New Opportunities

35.2 Pressure Vessel Market In 2029 - Segments Offering Most New Opportunities

35.3 Pressure Vessel Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Pressure Vessel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Pressure Vessel Market, Segmentation By End-User Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Pressure Vessel Market, Sub-Segmentation Of Boiler, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Pressure Vessel Market, Sub-Segmentation Of Reactor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Pressure Vessel Market, Sub-Segmentation Of Separator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Pressure Vessel Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Pressure Vessel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Pressure Vessel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: General Electric Company Financial Performance

Table 81: Larsen & Toubro Financial Performance

Table 82: Mitsubishi Hitachi Power Systems Financial Performance

Table 83: Hitachi Zosen Financial Performance

Table 84: Bharat Heavy Electricals Limited Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Pressure Vessel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Pressure Vessel Market, Segmentation By End-User Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Pressure Vessel Market, Sub-Segmentation Of Boiler, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Pressure Vessel Market, Sub-Segmentation Of Reactor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Pressure Vessel Market, Sub-Segmentation Of Separator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Pressure Vessel Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Pressure Vessel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Pressure Vessel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Pressure Vessel Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Pressure Vessel Market, Segmentation By Heat Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Pressure Vessel Market, Segmentation By Material Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: General Electric Company Financial Performance

Figure 81: Larsen & Toubro Financial Performance

Figure 82: Mitsubishi Hitachi Power Systems Financial Performance

Figure 83: Hitachi Zosen Financial Performance

Figure 84: Bharat Heavy Electricals Limited 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 - 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

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 $40.08 billion in 2024 to $42.11 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. 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 $52.83 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. 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 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 Subsegments:
1) By Boiler: Water-Tube Boilers, Fire-Tube Boilers
2) By Reactor: Batch Reactors, Continuous Reactors
3) By Separator: Gas-Liquid Separators, Liquid-Liquid Separators
4) By Other Types: Storage Tanks, Pressure Regulating Vessels, Heat ExchangersFor 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 2024. 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 - 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.