Press release
Pressure Vessel Composite Materials Market Share, Size, Growth, Trends, Material, End-use, Forecast Report
Pressure Vessel Composite Materials Market
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/2362
In terms of revenue, the pressure vessel composite materials market from carbon fiber segment accounted for nearly five-sixths of the total market share in 2016, and is expected to maintain its dominance by 2023. Furthermore, this segment is estimated to project the fastest CAGR of 24.0% from 2017 to 2023. The report also consists of exhaustive research on segments including glass fiber and epoxy.
Increase in bulk transportation on compressed natural gas (CNG) along with integration of carbon fiber in automotive industries drive the growth of the market. Furthermore, increasing number of natural gas vehicles supplement the market growth. However, the high prices of carbon fiber and unavailability of carbon fibers restrict the growth. On the other hand, emerging markets in the Asia-Pacific region offer lucrative opportunities for the pressure vessel composite materials market.
Based on vehicles, the CNG vehicles segment held 97% of the total market share in 2016, and will maintain its dominance throughout the forecast period. However, the pressure vessel composite materials in the hydrogen vehicles segment is estimated to register the highest growth rate with a CAGR of 27.5% from 2017 to 2023. The report also consists of exhaustive research on gas transport segment.
By End Use Industry
CNG VEHICLES
HYDROGEN VEHICLES
GAS STORAGE
Europe pressure vessel composite materials market would grow at the fastest CAGR of 24.1% from 2017 to 2023. However, the Asia-Pacific region contributed nearly three-fifths of the total share in 2017 and is estimated to maintain its dominance during the forecast period. The report also includes study of different regions such as North America and LAMEA.
Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/2362
Leading market players analyzed in the pressure vessel composite materials market include Pressure Vessels (India) Samuel Pressure Vessel Group, IHI Corporation, Doosan Heavy Industries & Construction, Halvorsen, Mitsubishi Heavy Industries, Ltd., General Electric, Bharat Heavy Electricals Limited, Westinghouse Electric Company LLC, and Larsen & Toubro Limited. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.
Browse Similar Report:
Nitrocellulose Market
https://www.alliedmarketresearch.com/nitrocellulose-market-A10608
Graphene Composite Market
https://www.alliedmarketresearch.com/graphene-composite-market-A09664
Epoxy Resin Market
https://www.alliedmarketresearch.com/epoxy-resins-market
Global Carbon Fiber Market
https://www.alliedmarketresearch.com/carbon-fiber-market
Glass Fiber Market
https://www.alliedmarketresearch.com/glass-fiber-market-A09243
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pressure Vessel Composite Materials Market Share, Size, Growth, Trends, Material, End-use, Forecast Report here
News-ID: 2797736 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Pressure
Benefits of Pressure Washing With Cen-Cal Pressure Pros
Fresno, CA - Over time, a property's exterior surfaces will collect debris, causing them to lose their visual appeal. This negative effect will become more and more noticeable over time, eventually causing property owners to seek out the best solution. In most cases, pressure washing [https://www.cencalpressurepros.com/pressure-washing-company-in-fresno-ca/] is the go-to answer to dirty exterior surfaces. Pressure washing uses high-pressure water to disturb and remove debris from these surfaces. This process has…
Ensuring Pressure Washing Safety With D4S Pressure Washing
Tampa, FL - Pressure washing [https://www.d4spressurewashing.com/pressure-washing-company-in-tampa-fl/] is an effective way of restoring a property's exterior surfaces. The process makes them cleaner, and as a result, more visually appealing. However, pressure washing does not come without its fair share of challenges. For instance, pressure washing uses highly pressurized water, and handling this force can cause significant harm or damage if the correct precautions are not taken. Learn what precautions to take…
How Midland Pressure Washing Conquers Pressure Washing Challenges
Leawood, KS - Pressure washing [https://www.midlandpressurewash.com/pressure-washing-company-in-leawood-ks/] does not go the exact same way every single time. In fact, this versatile process is used to clean a variety of different surfaces, and the precise details of pressure washing can be customized to match the job. With some knowledge of the demands of every surface that needs to be cleaned, residential and commercial property owners can harness the power of pressure washing…
Pressure Washing vs. Soft Washing With Riptide Pressure Washing
Wilmington, NC - The exterior surfaces of any property will become dirty over time. When this occurs, the owner of the property may become interested in cleaning them. However, the best way to accomplish this work may not be immediately clear. Should exterior surfaces be pressure washed, or soft washed? And what precisely is the difference between these two options? Riptide Pressure Washing [https://www.riptide-wash.com/] proudly provides pressure washing [https://www.riptide-wash.com/pressure-washing-company-in-wilmington-nc/] and…
DIY Pressure Washing Versus Professional Pressure Washing
West Hartford, CT - When a property's exterior surfaces become coated with dirt and debris, the property owner may decide the surfaces need to be pressure washed. At this point, the property owner has to make an important decision. Will they attempt to clean those exterior surfaces on their own? Or will they reach out to a professional business for the help they need? Both of these paths are valid…
Precision Under Pressure: Trends in Fluid Pressure Sensors
The Business Research Company recently released a comprehensive report on the Global Fluid Pressure Sensors Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, the fluid pressure…
