Pressure Vessels Market to Rise at an Impressive 5.1% CAGR By 2027

The Pressure Vessels Market size is forecast to exceed US$ 252.19 billion by 2027 and the Pressure Vessels market is expected to post a CAGR of close to 5.1% during the period of 2020 to 2027. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, market share analysis, and the overall market environment.

Rising adoption of supercritical power generation technologies along with prominent growth in the petrochemical & chemical industry is the key factor that propels the growth of the pressure vessels market. Pressure vessels offer resistance from corrosion and cross-contamination that drives its application in various chemical procedures. Subsequently, the flourishing growth of chemical industry along with the benefits of pressure vessel expected to fuel the market growth.

A recent study by Precedence Research on the Pressure Vessels market offers a 7-year forecast from 2020 to 2027. The study offers a comprehensive analysis of the current state of the global Pressure Vessels market, as well as projections for overall growth prospects and key factors in major regional markets.

The research report includes a detailed study of regions of North America, Europe, Asia Pacific, and Rest of the World. For these regions, primary variables such as production volume, price analysis, and gross margin analysis are provided. This research report presents the market status, import-export data, and consumption ratio for each region. The SWOT analysis, pricing structures, and gross margin are all analyzed by region.

The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. These analyses will help the reader to understand the potential worth of investment in a particular region.

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Pressure Vessels Market: Scope

A recent study by Precedence Research on the Pressure Vessels market offers a forecast for 2020 and 2027. The global Pressure Vessels market report covers the following areas:

  • Pressure Vessels Market Size
  • Pressure Vessels Market Share
  • Pressure Vessels Market Growth
  • Pressure Vessels Market Trends
  • Pressure Vessels Market Industry Analysis

Market Sizing and Forecast

There has been a thoughtful approach for estimating the market size and forecast. The primary and secondary research conducted from both, supply and demand side has resulted in high accuracy of data. Logical explanation for the year over year and compound average growth makes it easy for the reader to know the largest revenue generating source and the future potential. The research methodology is a blend of secondary and primary research with more emphasis on the latter. Country level trends were tracked to implement bottom-up method of market size estimation.

Secondary Research

Secondary research occupies approximately 25% of data sources, such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

Pressure Vessels Market: Key Players Analysis

The Pressure Vessels market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.

Some of the significant players in the Pressure Vessels market include:

  • Babcock & Wilcox Enterprises, Inc.
  • IHI Corp.
  • Mitsubishi Hitachi Power Systems, Ltd.
  • Pressure Vessels (India)
  • Alloy Products Corp.
  • Samuel, Son & Co.
  • Doosan Heavy Industries & Construction.
  • Abbott & Co (Newark) Ltd.
  • Larsen & Toubro Ltd.
  • Bharat Heavy Electricals Ltd.
  • Tinita Engineering Pvt. Ltd.
  • Mersen, Xylem Inc.
  • WCR Inc.

Segment Analysis

This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Market Segmentation as below:

By Product

  • Nuclear Reactor
  • Boiler
  • Separator
  • Others

By Material

  • Titanium
  • Hastelloy
  • Tantalum
  • Steel
    • Duplex Steel
    • Stainless Steel
    • Super Duplex Steel
    • Carbon Steel
    • Others
  • Nickel & Nickel Alloys
  • Others

By End-Use

  • Chemicals & Petrochemicals
  • Power Generation
  • Oil & Gas
  • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Pressure Vessels Market, By Product

7.1. Pressure Vessels Market, by Product Type, 2020-2027
7.1.1. Dust
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Protective
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Non-woven
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Pressure Vessels Market, By Material

8.1. Pressure Vessels Market, by Material, 2020-2027
8.1.1. Personal
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Industrial
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Pressure Vessels Market, By End-Use

9.1. Pressure Vessels Market, by End-Use, 2020-2027
9.1.1. Offline
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Online
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Pressure Vessels Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.2. Market Revenue and Forecast, by Material (2016-2027)
10.1.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Material (2016-2027)
10.1.4.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Material (2016-2027)
10.1.5.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.2. Market Revenue and Forecast, by Material (2016-2027)
10.2.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Material (2016-2027)
10.2.4.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Material (2016-2027)
10.2.5.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Material (2016-2027)
10.2.6.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Material (2016-2027)
10.2.7.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.2. Market Revenue and Forecast, by Material (2016-2027)
10.3.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Material (2016-2027)
10.3.4.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Material (2016-2027)
10.3.5.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Material (2016-2027)
10.3.6.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Material (2016-2027)
10.3.7.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.2. Market Revenue and Forecast, by Material (2016-2027)
10.4.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Material (2016-2027)
10.4.4.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Material (2016-2027)
10.4.5.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Material (2016-2027)
10.4.6.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Material (2016-2027)
10.4.7.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.2. Market Revenue and Forecast, by Material (2016-2027)
10.5.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Material (2016-2027)
10.5.4.3. Market Revenue and Forecast, by End-Use (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Material (2016-2027)
10.5.5.3. Market Revenue and Forecast, by End-Use (2016-2027)

Chapter 11. Company Profiles

11.1. Babcock & Wilcox Enterprises, Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. IHI Corp.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Mitsubishi Hitachi Power Systems, Ltd.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Pressure Vessels (India)
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Alloy Products Corp.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Samuel, Son & Co.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Doosan Heavy Industries & Construction.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Abbott & Co (Newark) Ltd.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Larsen & Toubro Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Bharat Heavy Electricals Ltd.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Tinita Engineering Pvt. Ltd.
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. Mersen, Xylem Inc.
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. WCR Inc.
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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