Report Summary
Eternity Insights has published a new study on Global Pressure Vessels Market focusing on key segments and regions. This in-depth research report highlights the market and competitive intelligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Pressure Vessels Market.
The report considers 2020-2023 as historic period, 2024 as base year, and 2025-2034 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition. Moreover, key insights related to market having direct impact on the market will also be covered.
Pressure Vessels Market report is based on robust research methodology designed using blend of research approaches developed using secondary/desk research and validated through primary research and expert insights. Eternity Insights also uses paid databases such as FACIVA, Hoovers, and other benchmarking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
Global Pressure Vessels Market Size, 2020-2034 (USD Million)

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Global Pressure Vessels Market Segmentation:
Pressure Vessels Market, By Material
- Titanium
- Nickel & Nickel Alloys
- Tantalum
- Steel
- Carbon Steel
- Stainless Steel
- Other
Pressure Vessels Market, By Product Type
- Boilers
- Separators
- Reactors
- Others
Pressure Vessels Market, By Heat Source
- Fired Pressure Vessels
- Unfired Pressure Vessels
Pressure Vessels Market, By Application
- Storage Vessels
- Processing Vessels
Pressure Vessels Market, By End-User Industry
- Power
- Oil & Gas
- Food & Beverages
- Pharmaceuticals
- Chemicals & Fertilizers
- Others

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Geographically, the market is categorized into five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America region dominates the global Pressure Vessels market in terms of demand generation. The Pressure Vessels market in Asia Pacific region is expected to grow at significantly high growth rate. The regional market is further sub-segmented and analyzed at granular level across key countries. The report will include market size and forecast for Pressure Vessels market for below listed countries across each region.
North America (U.S. and Canada), Europe (Germany, France, Italy, UK, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific region); Latin America (Brazil, Mexico, and rest of the Latin America); Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa).
Global Pressure Vessels Market Taxonomy:

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Global Pressure Vessels Market Competitive Landscape
The global Pressure Vessels market analysis report covers detailed analysis of competitive scenario across globe. The report includes profiles of leading players covering below details
- Company Overview
- Financial Analysis
- Product Portfolio Analysis
- Strategic Overview
- SWOT Analysis
List of Companies Profiled in the report:
- IHI Corporation
- Babcock & Wilcox Enterprises, Inc.
- Pressure Vessels (India)
- MITSUBISHI HEAVY INDUSTRIES, LTD.
- Samuel, Son & Co.
- Alloy Products Corp.
- Abbott Pressure Vessels
- Doosan Corporation
- Bharat Heavy Electricals Limited
- LARSEN & TOUBRO LIMITED
- MERSEN PROPERTY
- Xylem
- Tinita Engg Pvt. Ltd
- WCR Inc.
- Other Players of Specific Interest can be added based on the requirement
Market Segmentation
Report Attributes |
Details |
The market size value in 2024 |
USD XX.XX Million |
CAGR (2025 - 2034) |
XX.XX % |
The Revenue forecast in 2028 |
USD XX.XX Million |
Base year for estimation |
2024 |
Historical data |
2020-2023 |
Forecast period |
2025-2034 |
Quantitative units |
- Revenue in USD Million
- CAGR from 2025 to 2034
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
By Material Outlook, End-Use Industry Outlook, Regional Outlook |
By Material Outlook |
Titanium, Nickel & Nickel Alloys, Tantalum, Steel, Other |
By End-Use Industry Outlook |
Power, Oil & Gas, Food & Beverages, Pharmaceuticals, Chemicals & Fertilizers, Others |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
Key companies profiled |
IHI Corporation, Babcock & Wilcox Enterprises, Inc., Pressure Vessels (India), MITSUBISHI HEAVY INDUSTRIES, LTD., Samuel, Son & Co., Alloy Products Corp., Abbott Pressure Vessels, Doosan Corporation, Bharat Heavy Electricals Limited, LARSEN & TOUBRO LIMITED, MERSEN PROPERTY, Xylem, Tinita Engg Pvt. Ltd, WCR Inc. |
Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Benefits to the stakeholders
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table Of Contents
Table of Contents
Global Pressure Vessels Market by Manufacturers, Regions, Type and Application, Forecast to 2026
1 Report Overview
1.1 Definition and Specification
1.2 Report Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.2.3 Type Overview
1.2.4 Application Overview
1.3 Industrial Chain
1.3.1 Pressure Vessels Overall Industrial Chain
1.3.2 Upstream
1.3.3 Downstream
1.4 Industry Situation
1.4.1 Industrial Policy
1.4.2 Product Preference
1.4.3 Economic/Political Environment
1.5 SWOT Analysis
2 Market Assessment by Type
2.1 Boiler Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
2.2 Nuclear Reactor Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
2.3 Separator Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
3 Asia Pacific Pressure Vessels Market Assessment by Type
3.1 Asia Pacific Market Performance (Sales, Revenue)
3.2 Key Players in Asia Pacific
4 North America Pressure Vessels Market Assessment by Type
4.1 North America Market Performance (Sales, Revenue)
4.2 Key Players in North America
5 Europe Pressure Vessels Market Assessment by Type
4.1 Europe Market Performance (Sales, Revenue)
4.2 Key Players in Europe
6 South America Pressure Vessels Market Assessment by Type
4.1 South America Market Performance (Sales, Revenue)
4.2 Key Players in South America
7 Middle Easr and Africa Pressure Vessels Market Assessment by Type
4.1 Middle Easr and Africa Market Performance (Sales, Revenue)
4.2 Key Players in Middle Easr and Africa
8 World Pressure Vessels Market Assessment by Type
8.1 Asia Pacific Pressure Vessels Market Assessment by Application (Consumption and Market Share)
8.2 North America Pressure Vessels Market Assessment by Application (Consumption and Market Share)
8.3 Europe Pressure Vessels Market Assessment by Application (Consumption and Market Share)
8.4 South America Pressure Vessels Market Assessment by Application (Consumption and Market Share)
8.5 Middle East and Africa Pressure Vessels Market Assessment by Application (Consumption and Market Share)
9 Company Profiles/Analysis
9.1 Larsen & Toubro Ltd.
9.1.1 Larsen & Toubro Ltd. Profiles
9.1.2 Larsen & Toubro Ltd. Product Portfolio
9.1.3 Larsen & Toubro Ltd. Pressure Vessels Business Performance
9.1.4 Larsen & Toubro Ltd. Pressure Vessels Business Development and Market Status
9.2 Shanghai Electric
9.2.1 Shanghai Electric Profiles
9.2.2 Shanghai Electric Product Portfolio
9.2.3 Shanghai Electric Pressure Vessels Business Performance
9.2.4 Shanghai Electric Pressure Vessels Business Development and Market Status
9.3 Mitsubishi Heavy Industries, Ltd.
9.3.1 Mitsubishi Heavy Industries, Ltd. Profiles
9.3.2 Mitsubishi Heavy Industries, Ltd. Product Portfolio
9.3.3 Mitsubishi Heavy Industries, Ltd. Pressure Vessels Business Performance
9.3.4 Mitsubishi Heavy Industries, Ltd. Pressure Vessels Business Development and Market Status
9.4 Doosan Heavy Industries & Construction
9.4.1 Doosan Heavy Industries & Construction Profiles
9.4.2 Doosan Heavy Industries & Construction Product Portfolio
9.4.3 Doosan Heavy Industries & Construction Pressure Vessels Business Performance
9.4.4 Doosan Heavy Industries & Construction Pressure Vessels Business Development and Market Status
9.5 Bharat Heavy Electricals Ltd
9.5.1 Bharat Heavy Electricals Ltd Profiles
9.5.2 Bharat Heavy Electricals Ltd Product Portfolio
9.5.3 Bharat Heavy Electricals Ltd Pressure Vessels Business Performance
9.5.4 Bharat Heavy Electricals Ltd Pressure Vessels Business Development and Market Status
9.6 Babcock and Wilcox Enterprises,Inc.
9.6.1 Babcock and Wilcox Enterprises,Inc. Profiles
9.6.2 Babcock and Wilcox Enterprises,Inc. Product Portfolio
9.6.3 Babcock and Wilcox Enterprises,Inc. Pressure Vessels Business Performance
9.6.4 Babcock and Wilcox Enterprises,Inc. Pressure Vessels Business Development and Market Status
9.7 Dongfang Electric Machinery Co., Ltd.
9.7.1 Dongfang Electric Machinery Co., Ltd. Profiles
9.7.2 Dongfang Electric Machinery Co., Ltd. Product Portfolio
9.7.3 Dongfang Electric Machinery Co., Ltd. Pressure Vessels Business Performance
9.7.4 Dongfang Electric Machinery Co., Ltd. Pressure Vessels Business Development and Market Status
9.8 General Electric Company
9.8.1 General Electric Company Profiles
9.8.2 General Electric Company Product Portfolio
9.8.3 General Electric Company Pressure Vessels Business Performance
9.8.4 General Electric Company Pressure Vessels Business Development and Market Status
9.9 IHI Corporation
9.9.1 IHI Corporation Profiles
9.9.2 IHI Corporation Product Portfolio
9.9.3 IHI Corporation Pressure Vessels Business Performance
9.9.4 IHI Corporation Pressure Vessels Business Development and Market Status
9.10 Samuel Pressure Vessel Group
9.10.1 Samuel Pressure Vessel Group Profiles
9.10.2 Samuel Pressure Vessel Group Product Portfolio
9.10.3 Samuel Pressure Vessel Group Pressure Vessels Business Performance
9.10.4 Samuel Pressure Vessel Group Pressure Vessels Business Development and Market Status
9.11 Westinghouse Electric Company LLC.
9.12 CB&I
9.13 IHI Corporation
9.14 Kobelco
9.15 Springs Fabrication
9.16 Hanson
9.17 KNM Group
9.18 Samuel Pressure Vessel Group
10 World Pressure Vessels Market Assessment by Players
10.1 Global Pressure Vessels Sales (K Units) and Market Share by Players 2014-2020
10.2 Global Pressure Vessels Revenue (M USD) and Market Share by Players 2014-2020
10.3 Global Pressure Vessels Price (USD/Unit) of Players 2014-2020
10.4 Global Pressure Vessels Gross Margin of Players 2014-2020
10.5 Market Concentration
11 Regional Market Performance by Segment of Players
11.1 North America
11.1.1 North America Pressure Vessels Sales Assessment of Players 2014-2020
11.1.2 North America Pressure Vessels Revenue Assessment of Players 2014-2020
11.1.3 North America Pressure Vessels Price Assessment of Players 2014-2020
11.1.4 North America Pressure Vessels Gross Margin Assessment of Players 2014-2020
11.1.5 Market Concentration
11.2 Europe
11.2.1 Europe Pressure Vessels Sales Assessment of Players 2014-2020
11.2.2 Europe Pressure Vessels Revenue Assessment of Players of Manufacturers 2014-2020
11.2.3 Europe Pressure Vessels Price Assessment of Players 2014-2020
11.2.4 Europe Pressure Vessels Gross Margin Assessment of Players 2014-2020
11.2.5 Market Concentration
11.3 Asia-Pacific Market Performance for Manufacturers
11.3.1 Asia-Pacific Pressure Vessels Sales Assessment of Players 2014-2020
11.3.2 Asia-Pacific Pressure Vessels Revenue Assessment of Players 2014-2020
11.3.3 Asia-Pacific Pressure Vessels Price Assessment of Players 2014-2020
11.3.4 Asia-Pacific Pressure Vessels Gross Margin Assessment of Players 2014-2020
11.3.5 Market Concentration
11.4 South America Market Performance for Players
11.4.1 South America Pressure Vessels Sales Assessment of Players 2014-2020
11.4.2 South America Pressure Vessels Revenue Assessment of Players 2014-2020
11.4.3 South America Pressure Vessels Price Assessment of Players 2014-2020
11.4.4 South America Pressure Vessels Gross Margin Assessment of Players 2014-2020
11.4.5 Market Concentration
11.5 Middle East and Africa Market Performance for Players
11.5.1 Middle East and Africa Pressure Vessels Sales Assessment of Players 2014-2020
11.5.2 Middle East and Africa Pressure Vessels Revenue Assessment of Players 2014-2020
11.5.3 Middle East and Africa Pressure Vessels Price Assessment of Players 2014-2020
11.5.4 Middle East and Africa Pressure Vessels Gross Margin Assessment of Players 2014-2020
11.5.5 Market Concentration
12 Regional Market Performance by Segment of Countries
12.1 Asia Pacific
12.1.1 Asia Pacific Pressure Vessels Sales by Countries/Regions 2014-2020
12.1.2 Asia Pacific Pressure Vessels Revenue by Countries/Regions 2014-2020
12.1.3 Asia Pacific Pressure Vessels Average Price by Countries/Regions 2014-2020
12.2 North America
12.2.1 North America Pressure Vessels Sales by Countries/Regions 2014-2020
12.2.2 North America Pressure Vessels Revenue by Countries/Regions 2014-2020
12.2.3 North America Pressure Vessels Average Price by Countries/Regions 2014-2020
12.3 Europe
12.3.1 Europe Pressure Vessels Sales by Countries/Regions 2014-2020
12.3.2 Europe Pressure Vessels Revenue by Countries/Regions 2014-2020
12.3.3 Europe Pressure Vessels Average Price by Countries/Regions 2014-2020
12.4 South America
12.4.1 South America Pressure Vessels Sales by Countries/Regions 2014-2020
12.4.2 South America Pressure Vessels Revenue by Countries/Regions 2014-2020
12.4.3 South America Pressure Vessels Average Price by Countries/Regions 2014-2020
12.5 Middle East and Africa
12.5.1 Middle East and Africa Pressure Vessels Sales by Countries/Regions 2014-2020
12.5.2 Middle East and Africa Pressure Vessels Revenue by Countries/Regions 2014-2020
12.5.3 Middle East and Africa Pressure Vessels Average Price by Countries/Regions 2014-2020
13 Technology and Opportunity
13.1 Technology
13.2 Market Opportunity
14 World Pressure Vessels Sales & Revenue Forecast 2021-2026
14.1 World Pressure Vessels Sales and Revenue Forecast by Regions 2021-2026
14.1.1 World Pressure VesselsSales and Market Share by Regions
14.1.2 World Pressure VesselsRevenue and Market Share by Regions
15 Asia Pressure Vessels Market Forecast 2021-2026
15.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
15.1.1 Boiler
15.1.2 Nuclear Reactor
15.1.3 Separator
15.2 Consumption Forecast by Application, 2021-2026
16 North America Pressure Vessels Market Forecast 2021-2026
16.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
16.1.1 Boiler
16.1.2 Nuclear Reactor
16.1.3 Separator
16.2 Consumption Forecast by Application, 2021-2026
17 Europe Pressure Vessels Market Forecast 2021-2026
17.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
17.1.1 Boiler
17.1.2 Nuclear Reactor
17.1.3 Separator
17.2 Consumption Forecast by Application, 2021-2026
18 South America Pressure Vessels Market Forecast 2021-2026
18.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
18.1.1 Boiler
18.1.2 Nuclear Reactor
18.1.3 Separator
18.2 Consumption Forecast by Application, 2021-2026
19 Middle East and Africa Pressure Vessels Market Forecast 2021-2026
19.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
19.1.1 Boiler
19.1.2 Nuclear Reactor
19.1.3 Separator
19.2 Consumption Forecast by Application, 2021-2026
20 Price (USD/Unit) and Gross Profit Forecast
20.1 Global Pressure Vessels Price (USD/Unit) Trend 2021-2026
20.2 Global Pressure Vessels Gross Profit Trend 2021-2026
21 Conclusion