Dublin, March 14, 2025 (GLOBE NEWSWIRE) — The “Pressure Vessels Market Size, Share & Trends Analysis Report 2025-2030” has been added to ResearchAndMarkets.com’s offering.
The global pressure vessels market size is estimated to reach USD 75.82 billion by 2030, registering to grow at a CAGR of 4% from 2025 to 2030. The growing demand for pressure vessels in chemical & petrochemical and oil & gas industries is expected to drive market growth.
Increasing chemical demand from various end-use industries is encouraging new capital investment in the chemical industry. The production capacity of chemicals is expected to increase on account of setting up of new chemical facilities. This is expected to augment the demand for various types of pressure vessels and storage tanks used in different chemical processes.
The global market is fragmented with major companies striving for market leadership. Key players focus on forward integration to maximize their profits and expand their regional presence across the globe. In addition, manufacturers are expected to tie up with engineering solution providers to deliver high-quality product solutions at affordable prices.
Pressure Vessels Market Report Highlights
- The steel segment dominated the global pressure vessels industry and accounted for the largest revenue share of 29.7% in 2024.
- The boiler segment led the market and accounted for the largest revenue share of 59.4% in 2024, primarily driven by the increasing demand for efficient energy generation and industrial processes.
- The chemicals and petrochemicals segment held the dominant position in the market, with the largest revenue share of 38.6% in 2024, driven by the rising demand for various chemicals and plastics.
- The Asia-Pacific pressure vessels market dominated the global market and accounted for the largest revenue share of 36.1% in 2024.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $60.24 Billion |
| Forecasted Market Value (USD) by 2030 | $75.82 Billion |
| Compound Annual Growth Rate | 4% |
| Regions Covered | Global |
Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Pressure Vessels Market Variables, Trends & Scope
3.1. Global Pressure Vessels Market Outlook
3.2. Industry Value Chain Analysis
3.3. Application Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand Gap Analysis, 2024
3.6. Regulatory Framework
3.6.1. Policies and Incentive Plans
3.6.2. Standards and Compliances
3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.8. Porter’s Five Forces Analysis
3.9. PESTEL Analysis
Chapter 4. Pressure Vessels Market: Material Outlook Estimates & Forecasts
4.1. Pressure Vessels Market: Material Movement Analysis, 2024 & 2030
4.1.1. Titanium
4.1.2. Nickel & Nickel Alloys
4.1.3. Tantalum
4.1.4. Steel
4.1.5. Other
Chapter 5. Pressure Vessels Market: Product Type Outlook Estimates & Forecasts
5.1. Pressure Vessels Market: Product Type Movement Analysis, 2024 & 2030
5.1.1. Boiler
5.1.2. Nuclear Reactor
5.1.3. Separator
5.1.4. Others
Chapter 6. Pressure Vessels Market: End Use Outlook Estimates & Forecasts
6.1. Pressure Vessels Market: End Use Movement Analysis, 2024 & 2030
6.1.1. Chemicals & Petrochemicals
6.1.2. Oil & Gas
6.1.3. Power Generation
6.1.4. Others
Chapter 7. Pressure Vessels Market Regional Outlook Estimates & Forecasts
7.1. Regional Snapshot
7.2. Pressure Vessels Market: Regional Movement Analysis, 2024 & 2030
7.3. North America
7.4. Europe
7.5. Asia-Pacific
7.6. Latin America
7.7. Middle East & Africa
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Vendor Landscape
8.2.1. Company Categorization
8.2.2. List of Key Distributors and Channel Partners
8.2.3. List of Potential Customers/End Users
8.3. Competitive Dynamics
8.3.1. Competitive Benchmarking
8.3.2. Strategy Mapping
8.3.3. Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. IHI Corporation
8.4.2. Babcock & Wilcox Enterprises, Inc.
8.4.3. Pressure Vessels (India)
8.4.4. MITSUBISHI HEAVY INDUSTRIES, LTD.
8.4.5. Samuel, Son & Co.
8.4.6. Alloy Products Corp.
8.4.7. Abbott Pressure Vessels
8.4.8. Doosan Corporation
8.4.9. Bharat Heavy Electricals Limited
8.4.10. LARSEN & TOUBRO LIMITED
8.4.11. MERSEN PROPERTY
8.4.12. Xylem
8.4.13. Tinita Engg Pvt. Ltd.
8.4.14. WCR Inc.
For more information about this report visit https://www.researchandmarkets.com/r/jhrl9w
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