Pressure Vessel Market size was valued at USD 43.02 Bn. in 2021 and the total revenue is expected to grow by 4.93% from 2022 to 2029, reaching nearly 63.22 Bn.
Pressure Vessel Market Overview:
An considerable amount of research was done on the future of the Pressure Vessel industry by Maximize Market Research, a global market research company with a committed team of experts and data. In order to help key industry stakeholders make strategic decisions, the Pressure Vessel market research report includes information on market trends, segments, and geographies as well as a detailed analysis of the whole industry ecosystem. In addition to market estimations and market share, the research of the Pressure Vessel market also includes information on market trends and outlooks. We demonstrate our clients how their competitors' strategies have changed while also making their market positioning clear by constructing a competitive landscape. The most comprehensive market segmentation in the sector is seen in the Maximum market research report.
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Market Scope:
In order to give readers a thorough understanding of the market's size, share, growth, trend, demand, top players and industry profile, opportunities, value cycle, end-users, technology, types, and application, the Pressure Vessel Market 2021 Research Report 2029 includes significant statistics and analytical insights. The qualitative and quantitative information in the Pressure Vessel market research can help decision-makers identify key market segments, geographical locations, and market-driving factors that are projected to grow at the fastest rates.
Segmentation:
The Pressure Vessel Market is divided into three product categories: Boiler, Nuclear Reactor, and Separator. In 2021, the product segment for boilers held the biggest market share at 58.9%. The higher performance of boilers in many industrial processes is credited with the segment's expansion.
The Pressure Vessel Market is divided into four categories based on end use: oil & gas, chemicals, power generation chemicals & petrochemicals, and others. In terms of market share accounting, the Chemicals section led in 2021. The chemical industry needs pressure vessels to preserve industrial liquids and other ingredients needed to make their completed products; on occasion, they are also used to hold the finished products until export.
Key Players:
• Springs Fabrication(US)
• Samuel Pressure Vessel Group(US)
• Westinghouse Electric Company LLC.(US)
• CB&I(US)
• Babcock and Wilcox Enterprises,Inc.(US)
• General Electric Company(US)
• Doosan Heavy Industries & Construction(South Korea)
• Bharat Heavy Electricals Ltd(India)
• Larsen & Toubro Ltd.(India)
• Dongfang Electric Machinery Co., Ltd..(China)
• Shanghai Electric(China)
• IHI Corporation(Japan)
• Mitsubishi Heavy Industries, Ltd.(Japan)
• IHI Corporation(Japan)
• Kobelco(Japan)
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Regional Analysis:
Geographically, this report is divided into a number of important nations, with market size, growth rate, import and export data for the Pressure Vessel market in each nation. These nations include those in North America, including the United States, Canada, and Mexico; Europe, including the UK; Asia Pacific, including China, India, Japan, Australia, South Korea, and ASEAN Countries; South America, including Brazil; and the Middle East and Africa. The examination looks at and forecasts a number of nations, as well as present-day trends and opportunities within the region.
Table Of Content:
1. Global Pressure Vessel Market: Research Methodology
2. Global Pressure Vessel Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Pressure Vessel Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Pressure Vessel Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
4. Global Pressure Vessel Market Segmentation
4.1 Global Pressure Vessel Market, by Product (2021-2029)
• Boiler
• Nuclear Reactor
• Separator
4.2 Global Pressure Vessel Market, by Material (2021-2029)
• Steel Alloy
• Other Alloy
• Composite
4.3 Global Pressure Vessel Market, by End Use (2021-2029)
• Up to 10 kW
• 10–20 kW
• 20–30 kW
• Above 30 kW
5. North America Pressure Vessel Market(2021-2029)
5.1 North America Pressure Vessel Market, by Product (2021-2029)
• Boiler
• Nuclear Reactor
• Separator
5.2 North America Pressure Vessel Market, by Material (2021-2029)
• Steel Alloy
• Other Alloy
• Composite
5.3 North America Pressure Vessel Market, by End Use (2021-2029)
• Up to 10 kW
• 10–20 kW
• 20–30 kW
• Above 30 kW
5.4 North America Pressure Vessel Market, by Country (2021-2029)
• United States
• Canada
• Mexico
Key Questions answered in the Pressure Vessel Market Report are:
Which product segment grabbed the largest share in the Pressure Vessel market?
How is the competitive scenario of the Pressure Vessel market?
Which are the key factors aiding the Pressure Vessel market growth?
Which region holds the maximum share in the Pressure Vessel market?
What will be the CAGR of the Pressure Vessel market during the forecast period?
Which application segment emerged as the leading segment in the Pressure Vessel market?
Which are the prominent players in the Pressure Vessel market?
What key trends are likely to emerge in the Pressure Vessel market in the coming years?
What will be the Pressure Vessel market size by 2027?
Which company held the largest share in the Pressure Vessel market?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 14, 2023
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