Press release
Pressure Vessel Global Market 2025: Size, CAGR, Drivers, and Trends
Pressure Vessel Market Size
What Is The Projected Market Size Of The Global Pressure Vessel Global Market Report 2025 And Its Growth Rate?
The latest report shows strong recent growth in the pressure vessel market, with key statistics indicating:
• The market increased from $40.08 billion in 2024 to $42.11 billion in 2025, at a CAGR of 5.1%.
• The rise can be contributed to industrial expansion, increased energy consumption, advancements in materials and fabrication techniques, stringent safety regulations, and more.
• Future projections estimate strong growth, reaching $52.83 billion in 2029 at a CAGR of 5.8%.
• This forecasted growth can be attributed to the transition to cleaner energy sources, focus on sustainable manufacturing, and expansion of chemical and petrochemical sectors among other factors.
What Is Driving The Growth In The Pressure Vessel Global Market Report 2025?
The rising global thermal energy demand leading to growing adoption of pressure vessels is a major factor contributing to the growth of the market. Thermal energy plays a significant role in the system determining its temperature. In the production process, nuclear energy is used to generate thermal power where there are different pressure vessels used. These vessels provide barriers that keep radioactive material out of the environment. According to the International Atomic Energy Agency, world nuclear generating capacity is expected to more than double by 2050, contributing to the rising demand for pressure vessels.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8567&type=smp
Who Are The Key Players Driving Pressure Vessel Global Market Report 2025 Growth?
Significant players operating in the pressure vessel market include:
• General Electric Company
• Larsen & Toubro
• Mitsubishi Hitachi Power Systems
• Hitachi Zosen
• Bharat Heavy Electricals Limited
• Samuel Pressure Vessel Group
• Halvorsen Company
• Doosan Heavy Industries & Construction Co. Ltd.
• DongFang Turbine Co. Ltd.
• Westinghouse Electric Company
• And many others
What Are The Key Trends In The Pressure Vessel Global Market Report 2025?
Major forecasted trends in the pressure vessel market include:
• Advancements in materials and manufacturing
• Customization and engineering solutions
• Focus on lightweight materials
• Life cycle cost considerations
• Resilience to external forces
• Adoption of non-destructive testing techniques
What Are The Segments Of The Global Pressure Vessel Global Market Report 2025?
The pressure vessel market is segmented into:
1) By Type: Boiler, Reactor, Separator, Other Types
2) By Heat Source: Fired, Un-Fired
3) By Material Type: Steel Alloys, Composites, Other Material Types
4) By Application: Storage Vessels, Processing Vessels
5) By End-User Channel: Power, Oil And Gas, Food And Beverages, Pharmaceuticals, Chemicals, Other End-User Channels
Which Region Leads The Pressure Vessel Global Market Report 2025?
North America had the largest market share in the pressure vessel market in 2024. Western Europe was the second-largest region. Coverage in the report includes Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/pressure-vessel-global-market-report
What Is Covered In The Pressure Vessel Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Pressure Vessel Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pressure Vessel Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pressure Vessel Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pressure Vessel Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=8567&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Market 2025: Size, CAGR, Drivers, and Trends here
News-ID: 3824345 • Views: …
More Releases from The Business research company
Rail Transit Protective Coating Market Overview: Major Segments, Strategic Devel …
The rail transit protective coating sector is positioned for significant expansion in the coming years, driven by technological advancements and increasing infrastructure investments. This market is evolving rapidly as stakeholders prioritize durability, sustainability, and efficiency in rail transit systems. Let's explore the market's valuation projections, leading companies, emerging trends, and detailed segment analysis to get a clearer understanding of its future trajectory.
Expected Market Size and Growth Outlook for Rail Transit…
Analysis of Segments and Major Growth Areas in the Product Implementation Servic …
The product implementation services sector is on the verge of significant expansion, driven by evolving technology needs and increasing enterprise adoption of sophisticated systems. Understanding the current market size, key contributors, emerging trends, and segment breakdowns offers valuable insights into what lies ahead for this dynamic industry.
Market Size and Expected Growth Trajectory in the Product Implementation Services Market
The product implementation services market is projected to experience strong growth…
Key Strategic Developments and Emerging Changes Shaping the Polyvinylidene Fluor …
The polyvinylidene fluoride (PVDF) resin market is on track for significant expansion over the coming years. Driven by various technological advances and rising demands across multiple industries, this sector is expected to evolve rapidly. Let's explore the anticipated market growth, influential players, key trends, and detailed segmentation shaping the future of PVDF resin.
Projected Growth and Market Size of the Polyvinylidene Fluoride Resin Market
The PVDF resin market is forecasted…
Leading Companies Fueling Innovation and Growth in the Partyline Intercom System …
The partyline intercom systems market is gearing up for significant expansion as communication needs evolve across various industries. With increasing demand for more versatile and efficient communication tools, this sector is set to witness rapid advancements and growing adoption over the coming years. Let's explore the market size projections, key drivers, major players, emerging trends, and important segments shaping this dynamic industry.
Projected Market Size and Growth Trajectory of the Partyline…
More Releases for Vessel
National Vessel Documentation Center Enhances Online Services for U.S. Vessel Ow …
The National Vessel Documentation Center (NVDC) continues to support U.S. vessel owners by expanding access to essential federal documentation services through a streamlined online platform. Designed to reduce complexity and processing delays, NVDC assists recreational and commercial boat owners with compliance-related filings required by the U.S. Coast Guard.
Boat History Report Supports Informed Vessel Transactions
When purchasing or transferring ownership of a vessel, access to a boat history report [https://nvdcrenewal.us/the-benefits-of-and-ways-to-procure-a-trustworthy-boat-history-report/] plays a…
National Vessel Documentation Center Expands Access to Streamlined Vessel Docume …
The National Vessel Documentation Center (NVDC) offers boat owners across the United States an easy, secure, and efficient way to manage vessel documentation. By providing expert services, NVDC ensures compliance with U.S. Coast Guard regulations, making the documentation process smooth and accessible for all maritime enthusiasts.
Effortless USCG Documentation Renewal Online
Gone are the days of long waits and complex paperwork. With USCG documentation renewal online [https://nvdcrenewal.us/application-for-renewal-of-uscg-documentation/], vessel owners can complete their…
UK Vessel Registrar Simplifies Bareboat Charter Registration and Vessel Renewal …
UK Vessel Registrar is a private documentation service supporting vessel owners, brokers, and operators with end-to-end UK maritime registration services. From helping clients register bareboat charter UK vessels to providing a fast, secure UK vessel registration renewal service, the platform delivers accuracy, compliance, and convenience. Designed for both commercial and recreational needs, VesselRegistrar.uk offers a smarter way to manage your boat's legal identity under the UK flag.
VesselRegistrar.uk, a leading UK-based…
Vessel Tracker Market is Booming Worldwide | FleetMon, Shipfinder, Vessel Tracke …
The Latest Released Vessel Tracker - Top Players market study has evaluated the future growth potential of Vessel Tracker - Global and China Top Players market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing…
Vessel Traffic Management Market
According to the Market Statsville Group (MSG), the global Vessel Traffic Management Market size is expected to grow from USD 5,371.8 million in 2021 to USD 10,815.2 million by 2030, at a CAGR of 8.1% from 2022 to 2030.
Vessel traffic services (VTS) are shore-based systems that provide ships with information ranging from simple information messages, such as the position of other traffic or weather-related hazard alerts, to comprehensive traffic control…
Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels…
