Global Pressure Vessel industry

Portland, OR -- (SBWire) -- 08/01/2017 --Pressure vessels are ergonomically designed to enclose gases or liquids at a pressure substantially different from the ambient pressure. Pressure vessels can be of almost any shape, but cylinder and cone shapes are usually employed for industrial applications. In industries, pressure vessels are used as compressed air receivers and domestic hot water storage tanks. Other applications of pressure vessels are diving cylinders, distillation towers, recompression chambers, autoclaves, pressure reactors, nuclear reactor vessels, vessels in oil refineries & petrochemical plants, submarine & space ship habitats, hydraulic reservoirs, pneumatic reservoirs, and storage vessels for LPG. They form an integral part of the industry infrastructure for safe handling of gases and liquids. The safety valves and parameters of pressure vessels are different in different regions as per the regulations and their applications. The global pressure vessel market is expected to grow at a CAGR of 6.5% from 2017 to 2025.

Continue to Report Description and Full ToC: https://www.progressivemarkets.com/industry-research/pressure-vessel-market

The global pressure vessel market is segmented into types, material, end-user industry, and geography. Based on type, the market is divided into boilers, nuclear reactors, separators, and others. Based on material, it is categorized into steel alloys, other alloys, and composites. By end-user industry, the market is classified into chemicals, oil & gas, power, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:
Rapid growth of chemical industry in emerging economies
Rise in the capacity of power generation

Restraints:
Slowdown of the mining industry
Declining upstream oil & gas industry

Market Players:
The top players in the global pressure vessel market include Abbott, Aeron Composite Pvt. Ltd., Babcock and Wilcox Enterprises Inc., Barton Firtop Engineering Co., Ltd, Bharat Heavy Electricals Ltd., Doosan Heavy Industries & Construction, Larsen & Toubro Ltd., Mitsubishi Heavy Industries, Ltd., Pressure Vessels India, and Samuel Pressure Vessels.

Inquire About Report: https://www.progressivemarkets.com/enquiry-about-report/pressure-vessel-market

MARKET LANDSCAPE

By Type
Boilers
Nuclear Reactors
Separators
Others

By Material
Steel Alloys
Other Alloys
Composites

By End-user Industry
Chemicals
Oil & Gas
Power
Others

By Geography
- North America
- Europe
- Asia-Pacific
- LAMEA

Customized Report: https://www.progressivemarkets.com/enquiry-about-report/pressure-vessel-market

Table of Content for Global Pressure Vessel Market

1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter's Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Pressure Vessel Market Shares Analysis, 2014-2025
3.4.1. Global pressure vessel market share by type, 2014-2025

Continued…

List of Tables
Contain 30 Tables

List of Figures
Contain 45 Figures

Discount on Full Report: https://www.progressivemarkets.com/get-discount/pressure-vessel-market