Pressure Vessel Market 2019 By Material Type (Steel Alloys, Other Alloys, Composites), By Type (Boilers, Nuclear Reactors, Separators, Others) 2025
The global pressure vessel market is distinguished by the attendance of different key producers and manufacturers which are predicted to aim on forward integration to increase their profits and grow their regional presence all over the world.
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Scope of The Report:
Pressure vessels are containers developed to save high-pressure gasses and liquids. As per the regional regulations and application requirement, the properties of pressure vessels may differ; on the other hand, the major role of pressure vessels is to survive high pressure. The substances employed in pressure vessels are steel and composite substances, such as polymer and carbon fiber, which can survive the high temperature and high pressure. Pressure vessels are employed as distillation towers, recompression chambers, autoclaves, pressure reactors, and in mining sectors, oil refineries, petrochemical plants, and nuclear reactors. They are also employed in storage of chlorine, LPG, and gasses in liquid forms. Conventional pressure vessels were more accident prone over modern pressure vessels.
The global pressure vessel market is segmented into the material, end-user industry, geography, and type. The end-user sector is divided into oil & gas, chemicals, power, and others. By material, the global market is segmented into composites, steel alloys, and other alloys. By type, the global pressure vessel market is divided into boilers, nuclear reactors, separators, and others. Boilers type section is the leading segment in the global market and is employed in few energy generation operations. Area wise, the market is divided into Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa.
Key Players in the Pressure Vessel Market Report
The major players included in the global pressure vessel market forecast are Bharat Heavy Electricals Ltd.; Abbott Laboratories; Samuel Pressure Vessel Group; Larsen & Toubro Ltd.; Babcock & Wilcox Enterprises, Inc.; Barton Firtop Engineering Company Ltd.; Mitsubishi Motors Corp; Doosan Group; IHI Corp.; Dongfang Electric Machinery Co. Ltd.; Westinghouse Electric Company LLC; General Electric Co.; and Halvorsen Co.
Pressure Vessel Market Key Segments:
By Material Type:
By End-User Industry:
Oil & Gas
Altering Energy Patterns All Over The World Are Also Predicted To Power The Market Growth Over The Coming Period
Developed areas, such as Europe and North America, are employing renewable power to meet strict environmental laws and to lower the emissions of harmful gas. Hence, such altering energy patterns all over the world are also predicted to power the market growth over the coming period. Current power plants in developing nations are predicted to limit the industry growth in near future. Moreover, dropping number of gas and oil projects due to dropping costs of crude oil is also claimed to have a negative effect on the market incomes in the coming years. Slow rate in the mining sector is further predicted to negatively affect the overall requirement over the coming period. The global pressure vessel market is distinguished by the attendance of different key producers and manufacturers which are predicted to aim on forward integration to increase their profits and grow their regional presence all over the world. In addition, manufacturers are expected to tie up with the engineering solution providers to deliver high-quality product solutions at affordable prices.
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Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Asia Pacific Led The Global Market And Added Up For A Major Share Of The Total Income
Asia Pacific led the global market and added up for a major share of the total income. Quickly developing renewable industry in India, China, Australia, and South Korea is predicted to power the regional market. Moreover, supportive government programs to extend power generation capacities are predicted to significantly add to regional market growth. Moreover, rising investments for the growth of nuclear power plants paired with increasing requirement for energy are also predicted to power Asia Pacific market.
By Regional & Country Analysis:
The Middle East and Africa
Rest of Middle East and Africa
Table of Content
Chapter 1 Global Pressure Vessel Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Pressure Vessel Market Revenue Overview
1.3 Global Pressure Vessel Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025
Chapter 2 Global Pressure Vessel Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Pressure Vessel Market: SWOT Analysis
2.7 Global Pressure Vessel Market: PEST Analysis
2.7 Global Pressure Vessel Market: Porter’s Five Forces Analysis
2.8 Global Pressure Vessel Market: Attractiveness Analysis
2.8.1 Global Pressure Vessel Market: Attractiveness Analysis by Type
2.8.2 Global Pressure Vessel Market: Attractiveness Analysis by Grade
2.8.3 Global Pressure Vessel Market: Attractiveness Analysis by Regional
Chapter 3 Competitive Analysis
3.1 Global Pressure Vessel Market
3.1.1 Global Pressure Vessel market Revenue (USD Billion), By Players 2018
3.1.2 Global Pressure Vessel Market Revenue Share (%), By Players 2018
Chapter 5 Global Pressure Vessel Market: By Product Type
5.1 Global Pressure Vessel Market Share (%), By Product Type, 2018
5.2 Global Pressure Vessel Market Revenue (USD Billion), By Product Type, 2015 – 2025
5.3 Global Pressure Vessel Market Revenue (USD Billion), By Retro,2015-2025
5.4 Global Pressure Vessel Market Revenue (USD Billion), 2015-2025
5.4 Global Pressure Vessel Market Revenue (USD Billion), 2015-2025
5.5 Global Pressure Vessel Market Revenue Share (%), By Product Type, 2015 – 2025
5.6 Global Pressure Vessel Market Revenue Market Share (%), By Product Type, 2015-2025
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