Pressure Vessels companies

Key Pressure Vessels Market Players:

Here is a list of key players operating in the global pressure vessels market:

• Mitsubishi Heavy Industries (Japan)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• IHI Corporation (Japan)
• Kobe Steel, Ltd. (Japan)
• Doosan Enerbility Co., Ltd. (South Korea)
• Hyundai Engineering & Construction (South Korea)
• Linde Engineering (Germany)
• Siemens Energy (Germany)
• Kelvion (Germany)
• Alfa Laval (Sweden)
• Mersen (France)
• Babcock International Group (United Kingdom)
• Wood plc (United Kingdom)
• McDermott (U.S.)
• Babcock & Wilcox (U.S.)
• Chart Industries (U.S.)
• Paul Mueller Company (U.S.)
• Worthington Industries (U.S.)
• Larsen & Toubro (India)
• ISGEC Heavy Engineering (India)
• KNM Group Berhad (Malaysia)
• Civmec (Australia)

The international pressure vessels market is moderately consolidated, with notable players from the U.S., Asia, and Europe dominating high-value projects. Organizations are investing in advanced alloys, composite materials, and modular vessel designs to meet stricter safety and sustainability standards. Strategic initiatives include digital monitoring systems, IoT-enabled predictive maintenance, and additive manufacturing for critical components. Regional expansion into Asia-Pacific and the Middle East ensures proximity to fast-growing chemical and energy hubs. Besides, in February 2024, NYK successfully placed an order with Kosaba Shipbuilding Corporation for a crew-based transfer vessel, which is projected to be utilized for transporting technicians to maintain and conduct offshore wind power generation facilities off Japan, thereby making it suitable for bolstering the pressure vessels market globally.

Corporate Landscape of the Pressure Vessels Market:

• Mitsubishi Heavy Industries is one of the leading suppliers of large-scale industrial equipment, including boilers, nuclear reactors, and chemical process vessels. The company leverages advanced metallurgy and engineering expertise to deliver ASME-compliant vessels for power generation and petrochemical industries, making it a dominant player in Asia and beyond.
• IHI Corporation readily specializes in high-pressure vessels and reactors used in oil & gas, chemical, and energy sectors. With decades of engineering experience, IHI focuses on sustainability and advanced fabrication technologies, positioning itself strongly in the high-pressure segment of the global market.
• Kobe Steel, Ltd. significantly manufactures pressure vessel plates and components, supplying critical materials for boilers, reactors, and storage tanks. Its expertise in alloy steels and stainless steels ensures durability and compliance with international standards, supporting chemical and energy industries worldwide.
• Doosan Enerbility Co., Ltd. is a major supplier of heavy industrial equipment, including nuclear and thermal power plant vessels. The company emphasizes sustainability and advanced manufacturing, integrating digital monitoring and eco-friendly technologies into its pressure vessel offerings.
• Hyundai Engineering & Construction offers engineering, procurement, and construction (EPC) services for large-scale industrial projects, including chemical plants and power facilities. Its role in the pressure vessels market is tied to turnkey project delivery, ensuring compliance with global codes and integrating vessels into complex industrial systems.