Pressure Vessels Market by End-user, Type, and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 178 SKU: IRTNTR70008

Pressure Vessels Market Report 2023-2027

The pressure vessels market size is estimated to grow by USD 41.91 billion accelerating at a CAGR of 4.34% between 2023 and 2027. This pressure vessels market report extensively covers market segmentation by End-user (chemicals, power generation, oil and gas, and others), Type (boilers, separators, and reactors), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Request Free Sample

Pressure Vessels Market Growth Factors:

  • Amplified demand for water and wastewater treatment
  • Increasing demand for energy
  • Increase in CCGT power plants

Pressure Vessels Market Report Scope

Report Coverage

Details

Page number

178

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.34%

Market growth 2023-2027

USD 41.91 billion

Market YoY

Fragmented

YoY growth 2022-2023(%)

3.88

 

What will be the Size of the Pressure Vessels Market During the Forecast Period?

To learn more about this report, Request Free Sample

Pressure Vessels Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Pressure Vessels Market Driver

Increasing demand for energy is the key factor driving the growth of the global pressure vessels market. One major driver of the global pressure vessels market is the increasing demand for energy, particularly in emerging economies. Pressure vessels are crucial components in various industries such as oil and gas, chemical, and power generation, where they are used for storing and transporting fluids and gases under high pressure. As these industries continue to grow, the demand for pressure vessels is expected to increase as well.

In addition, the development of new technologies and materials is making pressure vessels more efficient and durable, which is further driving the market growth. The increasing demand for clean energy and the shift towards sustainable energy sources such as wind and solar power are also expected to boost the demand for pressure vessels, particularly in the power generation industry. Overall, the global pressure vessels market is expected to grow significantly in the coming years due to these drivers and other factors, such as increasing industrialization and urbanization and the rising demand for consumer goods, which will boost the growth of the market in focus in the forecast period.

Key Pressure Vessels Market Trends

Growth in the nuclear energy sector is a major trend in the global pressure vessel market. Nuclear energy is a very reliable source of energy because it continuously supplies and emits electrical power. It can also produce energy all year round. Many countries have invested heavily in the construction of nuclear power plants. Nuclear energy contributes significantly to the world's power generation capacity.

For countries with low fossil fuel reserves, nuclear energy is a huge contributor to power production because the cost of importing fossil fuels or electricity will be much higher. This results in the low adoption of such alternatives. Pressure vessels and coolers are extensively used in nuclear power generation as motor coolers, generator coolers, transformer oil coolers, air blast coolers, and radiator coolers. Therefore, growth in the nuclear power sector will translate to growth in the pressure vehicle market during the forecast period.

Major Pressure Vessels Market Challenge

Unpredictability in oil and gas prices is a major challenge to the growth of the global pressure vessels market. The recent fall in crude oil prices will upset the pressure vessels market in general, as the oil and gas industry is one of the leading end-user industries for the market. According to the US Energy Information Administration (EIA), global oil demand fell drastically owing to the outbreak of the COVID-19 pandemic. In 2020, Brent crude oil spot prices fell to USD 34.13 per barrel from USD 64.37 per barrel owing to the outbreak of COVID-19.

Major oil and gas companies such as Chevron, Royal Dutch Shell and Gazprom have postponed planned spending on exploration activities. This reduction in planning spending and delays in major investment decisions due to volatility in oil prices will impact demand for pressure vessels in the oil and gas industry. Pressure vessels are used for various applications in the oil and gas industry, such as crude oil production, drilling, oil and gas production, petrochemical, and oil and gas storage and transportation. Considering pressure vessels are inevitable for the oil and gas industry, the prices of various vessels will drop, thereby affecting the vendors and reducing their profitability, affecting the market in focus in the forecast period.

Pressure Vessels Market by End-User, Type, Geography

End-User Analysis

The chemicals segment will account for a major share of the market's growth during the forecast period. The chemical industry is the most innovative and fastest-growing sector in the world. With the advent of advanced chemical and petrochemical manufacturing, there is a high demand for efficient pressure vessels in the industry and he is one of the major end users of pressure vessels. Demand for pressure vessels is expected to grow rapidly in this segment during the forecast period.  

Get a glance at the market contribution of various segments View the PDF Sample

The chemicals segment was valued at USD 57.72 billion in 2017 and continued to grow until 2021. Due to the increasing amount of chemicals, many countries are enacting laws and creating institutional structures to deal with the hazards. Prominent corporations have chemical management plans, and there are many conventions and bodies around the world that deal with chemical-related issues. Subsequently, international distress is growing over the Johannesburg Plan of Implementation goal that chemicals will be manufactured and used in ways that minimize significant hostile effects on human health and the environment. These concerns are especially important in developed countries striving for development, poverty eradication, and national security. Increasing demand for chemicals across various sectors is expected to drive the global pressure vessel market.

Type Insights

Based on boilers, the market has been segmented into boilers, separators, and reactors. Boilers are a type of pressure vessel that is designed to heat water or other fluids to produce steam, which can be used for various industrial and commercial applications. Boilers are used in a wide range of industries, including power generation, oil and gas, chemical processing, and food processing. Moreover, the boilers are designed and constructed to withstand high pressure and temperature, and they must be regularly inspected and maintained to ensure safe and efficient operation, which, if done correctly, will drive the growth of the market in focus in the forecast period.

 Pressure Vessels Market Regional Insights

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

APAC largely depends on coal for its power needs. Coal will continue to dominate the power generation mix in the region till 2035. The region itself is reducing its reliance on coal and shifting toward less carbon-emitting sources such as nuclear and natural gas. Emerging economies in the region need more efficient and reliable power sources to sustain their economic growth as well as to protect the environment. This has led to the use of combined cycle gas turbine (CCGT) technologies to curb carbon emissions and produce cleaner power compared to coal-powered plants. However, the government is planning to revive its nuclear capacities to reduce its liquefied natural gas (LNG) imports. In addition, the country plans to add many coal-powered plants during the forecast period.

The pressure vessels market in APAC faced disruptions due to COVID-19 in 2020.  However, the increased vaccination rate in the region led to the lifting of lockdown restrictions in 2021, which led to the resumption of oil and gas exploration activities in the region. With the increase in oil and gas exploration and production (E&P) activities in the region, the pressure vessels market in APAC grew in 2021 and 2022. Additionally, increased investments by governments and oil and gas companies will lead to an increase in the demand for pressure vessels, thus, driving the growth of the regional market during the forecast period.

 Major Pressure Vessels Market Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Andritz AG: The company offers pressure vessels such as Krauss Maffei pressure drum filter TDF.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Abbott and Co. Newark Ltd., Alloy Products Corp., Andritz AG, Babcock and Wilcox Enterprises Inc., Baffles cooling systems, Bharat Heavy Electricals Ltd., Doosan Corp., GEA Group AG, GFSA Ltd., Godrej and Boyce Manufacturing Co. Ltd., Halvorsen Co., Hitachi Zosen Corp., IHI Corp., KWS Manufacturing Co. Ltd., Larsen and Toubro Ltd., Lloyds Steel Industries Ltd., Mitsubishi Heavy Industries Ltd., Pressure Vessels India, Samuel Son and Co. Ltd., and Zamil Industrial Investment Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The pressure vessels market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Billion, 2017 - 2027)
    • Chemicals
    • Power generation
    • Oil and gas
    • Others
  • Type Outlook (USD Billion, 2017 - 2027)
    • Boilers
    • Separators
    • Reactors
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

Pressure Vessels Market Report

Report Attribubtes

Details

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 50%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Abbott and Co. Newark Ltd., Alloy Products Corp., Andritz AG, Babcock and Wilcox Enterprises Inc., Baffles cooling systems, Bharat Heavy Electricals Ltd., Doosan Corp., GEA Group AG, GFSA Ltd., Godrej and Boyce Manufacturing Co. Ltd., Halvorsen Co., Hitachi Zosen Corp., IHI Corp., KWS Manufacturing Co. Ltd., Larsen and Toubro Ltd., Lloyds Steel Industries Ltd., Mitsubishi Heavy Industries Ltd., Pressure Vessels India, Samuel Son and Co. Ltd., and Zamil Industrial Investment Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

What are the Key Data Covered in this Pressure Vessels Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global pressure vessels market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global pressure vessels market 2017 - 2021 ($ billion)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.3 Distribution channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Chemicals - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Chemicals - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Chemicals - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Chemicals - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Chemicals - Year-over-year growth 2022-2027 (%)
    • 6.4 Power generation - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Power generation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Power generation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Power generation - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Power generation - Year-over-year growth 2022-2027 (%)
    • 6.5 Oil and gas - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Oil and gas - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ billion)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Boilers - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Boilers - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Boilers - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Boilers - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Boilers - Year-over-year growth 2022-2027 (%)
    • 7.4 Separators - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Separators - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Separators - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Separators - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Separators - Year-over-year growth 2022-2027 (%)
    • 7.5 Reactors - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Reactors - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Reactors - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Reactors - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Reactors - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 South Korea - Market size and forecast 2022-2027
      • Exhibit 111: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Abbott and Co. Newark Ltd.
              • Exhibit 123: Abbott and Co. Newark Ltd. - Overview
              • Exhibit 124: Abbott and Co. Newark Ltd. - Product / Service
              • Exhibit 125: Abbott and Co. Newark Ltd. - Key offerings
            • 12.4 Alloy Products Corp.
              • Exhibit 126: Alloy Products Corp. - Overview
              • Exhibit 127: Alloy Products Corp. - Product / Service
              • Exhibit 128: Alloy Products Corp. - Key offerings
            • 12.5 Andritz AG
              • Exhibit 129: Andritz AG - Overview
              • Exhibit 130: Andritz AG - Business segments
              • Exhibit 131: Andritz AG - Key offerings
              • Exhibit 132: Andritz AG - Segment focus
            • 12.6 Babcock and Wilcox Enterprises Inc.
              • Exhibit 133: Babcock and Wilcox Enterprises Inc. - Overview
              • Exhibit 134: Babcock and Wilcox Enterprises Inc. - Business segments
              • Exhibit 135: Babcock and Wilcox Enterprises Inc. - Key news
              • Exhibit 136: Babcock and Wilcox Enterprises Inc. - Key offerings
              • Exhibit 137: Babcock and Wilcox Enterprises Inc. - Segment focus
            • 12.7 Bharat Heavy Electricals Ltd.
              • Exhibit 138: Bharat Heavy Electricals Ltd. - Overview
              • Exhibit 139: Bharat Heavy Electricals Ltd. - Business segments
              • Exhibit 140: Bharat Heavy Electricals Ltd. - Key news
              • Exhibit 141: Bharat Heavy Electricals Ltd. - Key offerings
              • Exhibit 142: Bharat Heavy Electricals Ltd. - Segment focus
            • 12.8 Doosan Corp.
              • Exhibit 143: Doosan Corp. - Overview
              • Exhibit 144: Doosan Corp. - Business segments
              • Exhibit 145: Doosan Corp. - Key offerings
              • Exhibit 146: Doosan Corp. - Segment focus
            • 12.9 GEA Group AG
              • Exhibit 147: GEA Group AG - Overview
              • Exhibit 148: GEA Group AG - Business segments
              • Exhibit 149: GEA Group AG - Key offerings
              • Exhibit 150: GEA Group AG - Segment focus
            • 12.10 Godrej and Boyce Manufacturing Co. Ltd.
              • Exhibit 151: Godrej and Boyce Manufacturing Co. Ltd. - Overview
              • Exhibit 152: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
              • Exhibit 153: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
              • Exhibit 154: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus
            • 12.11 Halvorsen Co.
              • Exhibit 155: Halvorsen Co. - Overview
              • Exhibit 156: Halvorsen Co. - Product / Service
              • Exhibit 157: Halvorsen Co. - Key offerings
            • 12.12 Hitachi Zosen Corp.
              • Exhibit 158: Hitachi Zosen Corp. - Overview
              • Exhibit 159: Hitachi Zosen Corp. - Business segments
              • Exhibit 160: Hitachi Zosen Corp. - Key offerings
              • Exhibit 161: Hitachi Zosen Corp. - Segment focus
            • 12.13 IHI Corp.
              • Exhibit 162: IHI Corp. - Overview
              • Exhibit 163: IHI Corp. - Business segments
              • Exhibit 164: IHI Corp. - Key news
              • Exhibit 165: IHI Corp. - Key offerings
              • Exhibit 166: IHI Corp. - Segment focus
            • 12.14 Larsen and Toubro Ltd.
              • Exhibit 167: Larsen and Toubro Ltd. - Overview
              • Exhibit 168: Larsen and Toubro Ltd. - Business segments
              • Exhibit 169: Larsen and Toubro Ltd. - Key news
              • Exhibit 170: Larsen and Toubro Ltd. - Key offerings
              • Exhibit 171: Larsen and Toubro Ltd. - Segment focus
            • 12.15 Mitsubishi Heavy Industries Ltd.
              • Exhibit 172: Mitsubishi Heavy Industries Ltd. - Overview
              • Exhibit 173: Mitsubishi Heavy Industries Ltd. - Business segments
              • Exhibit 174: Mitsubishi Heavy Industries Ltd. - Key news
              • Exhibit 175: Mitsubishi Heavy Industries Ltd. - Key offerings
              • Exhibit 176: Mitsubishi Heavy Industries Ltd. - Segment focus
            • 12.16 Pressure Vessels India
              • Exhibit 177: Pressure Vessels India - Overview
              • Exhibit 178: Pressure Vessels India - Product / Service
              • Exhibit 179: Pressure Vessels India - Key offerings
            • 12.17 Samuel Son and Co. Ltd.
              • Exhibit 180: Samuel Son and Co. Ltd. - Overview
              • Exhibit 181: Samuel Son and Co. Ltd. - Product / Service
              • Exhibit 182: Samuel Son and Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 183: Inclusions checklist
                • Exhibit 184: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 185: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 186: Research methodology
                • Exhibit 187: Validation techniques employed for market sizing
                • Exhibit 188: Information sources
              • 13.5 List of abbreviations
                • Exhibit 189: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              pressure vessels market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis