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Pressure Vessel Composite Materials Market Report by Material, Application, End User, and Region 2026-2034- Product Image
Pressure Vessel Composite Materials Market Report by Material, Application, End User, and Region 2026-2034- Product Image
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Pressure Vessel Composite Materials Market Report by Material, Application, End User, and Region 2026-2034

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    Report

  • 138 Pages
  • March 2026
  • Region: Global
  • IMARC Group
  • ID: 5753349
Description Jump to:
The global pressure vessel composite materials market size reached USD 521.5 Million in 2025. Looking forward, the analyst expects the market to reach USD 775.8 Million by 2034, exhibiting a growth rate (CAGR) of 4.13% during 2026-2034.

Pressure vessels are containers made of composite materials, such as carbon fiber and epoxy resin, which are used to store liquid propane gas (LPG), compressed natural gas (CNG), renewable natural gas (RNG), and hydrogen gas (H 2). They are lightweight and cost-effective while having a long shelf life compared to their steel-based counterparts. They offer a high strength-to-weight ratio, corrosion resistance, and can be customized to meet specific design requirements. They also provide high strength and durability to withstand harsh environmental conditions. As there is a rise in the utilization of hydrogen and compressed natural gas (CNG) vehicles, the demand for pressure vessel composite materials is rising worldwide.

PRESSURE VESSEL COMPOSITE MATERIALS MARKET TRENDS:

The growing awareness among the masses about environment-friendly and fuel-efficient transportation solutions around the world represents one of the key factors driving the market. Besides this, there is an increase in the demand for lightweight and high-performance pressure vessels in the aerospace industry. This, along with the growing demand for boilers in various energy generation procedures, is offering a positive market outlook. Moreover, the rising utilization of pressure vessels in the oil and gas industry to conduct physical and chemical processes under high temperatures and pressure is contributing to the growth of the market. In addition, the increasing employment of pressure vessels in the chemical industry to store and transport various chemicals is offering lucrative growth opportunities to industry investors. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce customized pressure vessels, which is positively influencing the market. Additionally, there is a rise in the adoption of supercritical power generation technologies across the globe. This, coupled with the burgeoning petrochemical industry, is bolstering the growth of the market.

KEY MARKET SEGMENTATION:

The report provides an analysis of the key trends in each sub-segment of the global pressure vessel composite materials market report, along with forecasts at the global, regional and country level from 2026-2034. Our report has categorized the market based on material, application and end user.

Breakup by Material:

  • Epoxy Resin
  • Glass Fiber
  • Carbon Fiber

Breakup by Application:

  • CNG Vehicle
  • Hydrogen Vehicle
  • Gas Storage

Breakup by End User:

  • Automotive
  • Aircraft and Military
  • Aerospace
  • Marine
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

COMPETITIVE LANDSCAPE:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Huntsman Corporation, IHI Corporation (Dai-ichi Life Insurance Company Limited), Larsen & Toubro Ltd, Nippon Steel Corporation, Olin Corporation, Pentair plc, Solvay S.A., Steelhead Composites Inc. and ZOLTEK Corporation (Toray Industries Inc.).

KEY QUESTIONS ANSWERED IN THIS REPORT

  • What was the size of the global pressure vessel composite materials market in 2025?
  • What is the expected growth rate of the global pressure vessel composite materials market during 2026-2034?
  • What are the key factors driving the global pressure vessel composite materials market?
  • What has been the impact of COVID-19 on the global pressure vessel composite materials market?
  • What is the breakup of the global pressure vessel composite materials market based on the material?
  • What is the breakup of the global pressure vessel composite materials market based on the application?
  • What is the breakup of the global pressure vessel composite materials market based on end user?
  • What are the key regions in the global pressure vessel composite materials market?
  • Who are the key players/companies in the global pressure vessel composite materials market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pressure Vessel Composite Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material
6.1 Epoxy Resin
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Glass Fiber
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Carbon Fiber
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 CNG Vehicle
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Hydrogen Vehicle
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Gas Storage
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aircraft and Military
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Aerospace
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Marine
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Huntsman Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 IHI Corporation (Dai-ichi Life Insurance Company Limited)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Larsen & Toubro Ltd
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Nippon Steel Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Olin Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Pentair plc
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Solvay S.A.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Steelhead Composites Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 ZOLTEK Corporation (Toray Industries Inc.)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
List Figures
Figure 1: Global: Pressure Vessel Composite Materials Market: Major Drivers and Challenges
Figure 2: Global: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020-2025
Figure 3: Global: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 4: Global: Pressure Vessel Composite Materials Market: Breakup by Material (in %), 2025
Figure 5: Global: Pressure Vessel Composite Materials Market: Breakup by Application (in %), 2025
Figure 6: Global: Pressure Vessel Composite Materials Market: Breakup by End User (in %), 2025
Figure 7: Global: Pressure Vessel Composite Materials Market: Breakup by Region (in %), 2025
Figure 8: Global: Pressure Vessel Composite Materials (Epoxy Resin) Market: Sales Value (in Million USD), 2020 & 2025
Figure 9: Global: Pressure Vessel Composite Materials (Epoxy Resin) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 10: Global: Pressure Vessel Composite Materials (Glass Fiber) Market: Sales Value (in Million USD), 2020 & 2025
Figure 11: Global: Pressure Vessel Composite Materials (Glass Fiber) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 12: Global: Pressure Vessel Composite Materials (Carbon Fiber) Market: Sales Value (in Million USD), 2020 & 2025
Figure 13: Global: Pressure Vessel Composite Materials (Carbon Fiber) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 14: Global: Pressure Vessel Composite Materials (CNG Vehicle) Market: Sales Value (in Million USD), 2020 & 2025
Figure 15: Global: Pressure Vessel Composite Materials (CNG Vehicle) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 16: Global: Pressure Vessel Composite Materials (Hydrogen Vehicle) Market: Sales Value (in Million USD), 2020 & 2025
Figure 17: Global: Pressure Vessel Composite Materials (Hydrogen Vehicle) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 18: Global: Pressure Vessel Composite Materials (Gas Storage) Market: Sales Value (in Million USD), 2020 & 2025
Figure 19: Global: Pressure Vessel Composite Materials (Gas Storage) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 20: Global: Pressure Vessel Composite Materials (Automotive) Market: Sales Value (in Million USD), 2020 & 2025
Figure 21: Global: Pressure Vessel Composite Materials (Automotive) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 22: Global: Pressure Vessel Composite Materials (Aircraft and Military) Market: Sales Value (in Million USD), 2020 & 2025
Figure 23: Global: Pressure Vessel Composite Materials (Aircraft and Military) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 24: Global: Pressure Vessel Composite Materials (Aerospace) Market: Sales Value (in Million USD), 2020 & 2025
Figure 25: Global: Pressure Vessel Composite Materials (Aerospace) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 26: Global: Pressure Vessel Composite Materials (Marine) Market: Sales Value (in Million USD), 2020 & 2025
Figure 27: Global: Pressure Vessel Composite Materials (Marine) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 28: Global: Pressure Vessel Composite Materials (Other End Users) Market: Sales Value (in Million USD), 2020 & 2025
Figure 29: Global: Pressure Vessel Composite Materials (Other End Users) Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 30: North America: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 31: North America: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 32: United States: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 33: United States: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 34: Canada: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 35: Canada: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 36: Asia-Pacific: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 37: Asia-Pacific: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 38: China: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 39: China: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 40: Japan: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 41: Japan: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 42: India: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 43: India: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 44: South Korea: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 45: South Korea: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 46: Australia: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 47: Australia: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 48: Indonesia: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 49: Indonesia: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 50: Others: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 51: Others: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 52: Europe: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 53: Europe: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 54: Germany: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 55: Germany: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 56: France: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 57: France: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 58: United Kingdom: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 59: United Kingdom: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 60: Italy: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 61: Italy: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 62: Spain: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 63: Spain: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 64: Russia: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 65: Russia: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 66: Others: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 67: Others: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 68: Latin America: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 69: Latin America: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 70: Brazil: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 71: Brazil: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 72: Mexico: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 73: Mexico: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 74: Others: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 75: Others: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 76: Middle East and Africa: Pressure Vessel Composite Materials Market: Sales Value (in Million USD), 2020 & 2025
Figure 77: Middle East and Africa: Pressure Vessel Composite Materials Market: Breakup by Country (in %), 2025
Figure 78: Middle East and Africa: Pressure Vessel Composite Materials Market Forecast: Sales Value (in Million USD), 2026-2034
Figure 79: Global: Pressure Vessel Composite Materials Industry: SWOT Analysis
Figure 80: Global: Pressure Vessel Composite Materials Industry: Value Chain Analysis
Figure 81: Global: Pressure Vessel Composite Materials Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Pressure Vessel Composite Materials Market: Key Industry Highlights, 2025 and 2034
Table 2: Global: Pressure Vessel Composite Materials Market Forecast: Breakup by Material (in Million USD), 2026-2034
Table 3: Global: Pressure Vessel Composite Materials Market Forecast: Breakup by Application (in Million USD), 2026-2034
Table 4: Global: Pressure Vessel Composite Materials Market Forecast: Breakup by End User (in Million USD), 2026-2034
Table 5: Global: Pressure Vessel Composite Materials Market Forecast: Breakup by Region (in Million USD), 2026-2034
Table 6: Global: Pressure Vessel Composite Materials Market: Competitive Structure
Table 7: Global: Pressure Vessel Composite Materials Market: Key Players

Companies Mentioned

  • Huntsman Corporation
  • IHI Corporation (Dai-ichi Life Insurance Company Limited)
  • Larsen & Toubro Ltd
  • Nippon Steel Corporation
  • Olin Corporation
  • Pentair plc
  • Solvay S.A.
  • Steelhead Composites Inc.
  • ZOLTEK Corporation (Toray Industries Inc.)

Table Information

Report AttributeDetails
No. of Pages138
PublishedMarch 2026
Forecast Period2025 - 2034
Estimated Market Value ( USD ) in 2025 $ 521.5 Million
Forecasted Market Value ( USD ) by 2034 $ 775.8 Million
Compound Annual Growth Rate4.1%
Regions CoveredGlobal
No. of Companies Mentioned9

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