Pressure Vessels Market Share

  • Report ID: 2691
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Pressure Vessels Market Share

On the basis of regional analysis, the global pressure vessels market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Based on region, the market in Asia Pacific industry is anticipated to hold largest revenue share by 2036, attributed to increasing power and power generation investments in the region. Moreover, the increase in the establishments of nuclear power and the rise in demand for pressure vessels from chemicals and oil & gas industry has encouraged the growth of the global pressure vessels market. The on-going development of urban and industrial sector in the Asia Pacific region will provide for a consistent demand for electricity. This would enhance the demand for pressure vessels owing to the fact that the pressure vessels are a necessity in majority power generation procedures. The Middle East market is also anticipated to show growth owing to the deep-rooted oil & gas infrastructure in the region.

Research Nester
Pressure-Vessels-Market-Share
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 2691
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of pressure vessels is estimated at USD 53.27 billion.

Pressure Vessels Market size was valued at USD 51.46 billion in 2023 and is likely to cross USD 90.07 billion by 2036, registering more than 4.4% CAGR during the forecast period i.e., between 2024-2036.

Asia Pacific industry is anticipated to hold largest revenue share by 2036, attributed to increasing power and power generation investments in the region.

The major players in the market are Akselos, Doosan Heavy Industries & Construction Co. Ltd., Mitsubishi Heavy Industries, Ltd., Bharat Heavy Electricals Limited, Larsen & Toubro Limited, Babcock and Wilcox Enterprises, Inc., General Electric Company, IHI Corporation, Samuel Pressure Vessel Group, Westinghouse Electric Company LLC., and others.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample