Press release
Pressure Vessel Market Manufacturers, Design, Asme, Share, Size, Trends Global Research Report 2025
The global pressure vessel market is expected to grow at a CAGR of 6.5% from 2017 to 2025.The global pressure vessel market is segmented into types, material, end-user industry, and geography. Based on type, the market is divided into boilers, nuclear reactors, separators, and others. Based on material, it is categorized into steel alloys, other alloys, and composites.
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By end-user industry, the market is classified into chemicals, oil & gas, power, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
Other applications of pressure vessels are diving cylinders, distillation towers, recompression chambers, autoclaves, pressure reactors, nuclear reactor vessels, vessels in oil refineries & petrochemical plants, submarine & space ship habitats, hydraulic reservoirs, pneumatic reservoirs, and storage vessels for LPG. They form an integral part of the industry infrastructure for safe handling of gases and liquids. The safety valves and parameters of pressure vessels are different in different regions as per the regulations and their applications.
Market Dynamics:
Drivers: (design of pressure vessels)
• Rapid growth of chemical industry in emerging economies
• Rise in the capacity of power generation
Restraints:
• Slowdown of the mining industry
• Declining upstream oil & gas industry
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Market Players: (pressure vessel companies market)
The top players in the global pressure vessel market include Abbott, Aeron Composite Pvt. Ltd., Babcock and Wilcox Enterprises Inc., Barton Firtop Engineering Co., Ltd, Bharat Heavy Electricals Ltd., Doosan Heavy Industries & Construction, Larsen & Toubro Ltd., Mitsubishi Heavy Industries, Ltd., Pressure Vessels India, and Samuel Pressure Vessels.
Key Point from Table of Content
8. Company profiles
8.1. Abbott (pressure vessel manufacturer market)
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent developments
8.2. Aeron Composite Pvt. Ltd.
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent developments
8.3. Babcock and Wilcox Enterprises Inc.
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Barton Firtop Engineering Co., Ltd.
8.4.1. Overview (pressure vessel market report)
8.4.2. Financials and business segments
8.4.3. Recent developments
8.5. Bharat Heavy Electricals Ltd.
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MARKET LANDSCAPE
By Type
• Boilers
• Nuclear Reactors
• Separators
• Others
By Material
• Steel Alloys
• Other Alloys
• Composites
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
About us:
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in India with an aim to deliver up-to-date executive support to foster overall growth of an organization in its domain.
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