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Global High Pressure Vessels market is growing at a CAGR of 1.8% between 2018 and 2025 - QY Research

08-15-2018 10:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research, INC.

Global High Pressure Vessels market is growing at a CAGR of 1.8%

The High Pressure Vessels market was valued at 530 Million US$ in 2017 and is projected to reach 610 Million US$ by 2025, at a CAGR of 1.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for High Pressure Vessels.

A pressure vessel is a container designed to hold gases or liquids at a pressure substantially different from the ambient pressure.
High Pressure Vessels downstream is wide and recently High Pressure Vessels has acquired increasing significance in various fields of Petrochemical, Chemical, Coal Chemical, Nuclear Power, Non-ferrous Metal and others. Globally, the High Pressure Vessels market is mainly driven by growing demand for Petrochemical. Petrochemical accounts for nearly 33.43% of total downstream consumption of High Pressure Vessels in global.

The following manufacturers are covered in this report:
Mersen
Hexagon xperion
Parr Instrument
Autoclave Engineers
LPP Group
Premex Solutions


High Pressure Vessels Breakdown Data by Type
Titanium
Steel
Stainless Steel
Nickel Material
Zirconium
Composite Material

High Pressure Vessels Breakdown Data by Application
Petrochemical
Chemical
Coal Chemical
Nuclear Power
Non-ferrous Metal
Others

High Pressure Vessels Production by Region
United States
Europe
China
Japan
Other Regions

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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