Global Pressure Vessels Market 2021-2025

Global Pressure Vessels Market 2021-2025

The publisher has been monitoring the pressure vessels market and it is poised to grow by $ 44.60 bn during 2021-2025, progressing at a CAGR of 5% during the forecast period. The report on pressure vessels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the amplified demand for water and wastewater treatment and increase in CCGT power plants. In addition, amplified demand for water and wastewater treatment is anticipated to boost the growth of the market as well.

The pressure vessels market analysis includes end-user segment and geographical landscapes.

The pressure vessels market is segmented as below:

By End-user

• Power generation
• Chemicals
• Oil and gas
• Others

By Geographical Landscapes

• APAC
• Europe
• North America
• MEA
• South America

This study identifies the augmentation of coal capacities and revival of nuclear power plants in Japan as one of the prime reasons driving the pressure vessels market growth during the next few years.

The report on pressure vessels market covers the following areas:

• Pressure vessels market sizing
• Pressure vessels market forecast
• Pressure vessels market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pressure vessels market vendors that include IHI Corp., Kelvion Holding GmbH, KNM Group Berhad, Kobe Steel Ltd., Larsen and Toubro Ltd., McDermott International Inc., Mersen Corporate Services SAS, Mitsubishi Heavy Industries Ltd., Samuel Son & Co. Ltd., and The Japan Steel Works Ltd. Also, the pressure vessels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.