Pressure Vessels is a closed container designed to hold gases or liquids at a pressure substantially different from the ambient pressure. The pressure differential is dangerous, and fatal accidents have occurred in the history of pressure vessel development and operation. Consequently, pressure vessel design, manufacture, and operation are regulated by engineering authorities backed by legislation. For these reasons, the definition of a pressure vessel varies from country to country, but involves parameters such as maximum safe operating pressure and temperature, and are engineered with a safety factor, corrosion allowance, minimum design temperature (for brittle fracture), and involve nondestructive testing, such as ultrasonic testing, radiography, and pressure tests, usually involving water, also known as a hydro-test, but could be pneumatically tested involving air or another gas. According to our (Global Info Research) latest study, the global Pressure Vessels market size was valued at USD 106560 million in 2022 and is forecast to a readjusted size of USD 105850 million by 2029 with a CAGR of -0.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global Pressure Vessels key players include CB&I, IHI Corporation, Mitsubishi Heavy Industries, etc. Global top three manufacturers hold a share over 3%. North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent. In terms of product, Titanium is the largest segment, with a share about 50%. And in terms of application, the largest application is Petrochemical, followed by Oil & Gas, Coal Chemical, Nuclear Power, Non-ferrous Metal, etc. This report is a detailed and comprehensive analysis for global Pressure Vessels market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Pressure Vessels market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029 Global Pressure Vessels market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029 Global Pressure Vessels market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029 Global Pressure Vessels market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Pressure Vessels To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Pressure Vessels market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include McDermott, IHI Corporation, Mitsubishi Heavy Industries, Hitachi Zosen and Morimatsu, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Pressure Vessels market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Titanium Steel Stainless Steel Nickel Material Zirconium Other Market segment by Application Petrochemical Oil & Gas Coal Chemical Nuclear Power Non-ferrous Metal Other Major players covered McDermott IHI Corporation Mitsubishi Heavy Industries Hitachi Zosen Morimatsu L&T Doosan KNM SPVG Mersen JSW Belleli Neuenhauser Kompressorenbau ATB Springs Fabrication Hanson THVOW LS Group Sunpower Group CIMC Enric CFHI AVIC Liming Jinxi Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Pressure Vessels product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Pressure Vessels, with price, sales, revenue and global market share of Pressure Vessels from 2018 to 2023. Chapter 3, the Pressure Vessels competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Pressure Vessels breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Pressure Vessels market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Pressure Vessels. Chapter 14 and 15, to describe Pressure Vessels sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Pressure Vessels 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Pressure Vessels Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Titanium 1.3.3 Steel 1.3.4 Stainless Steel 1.3.5 Nickel Material 1.3.6 Zirconium 1.3.7 Ot
