The High Pressure Vessel Market size is expected to grow at an annual average of 4% during 2021-2027. Pressure vessels are used to store liquids and gases at high pressure. Although the specific parameters of a pressure vessel depend on local regulations and applications, the main requirement for a pressure vessel is the ability to withstand high internal pressures.
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Company Profile
Babcock & Wilcox (US)
General Electric (US)
Larsen & Toubro (India)
Mitsubishi Hitachi Power Systems (Japan)
Hitachi Zosen (Japan)
IHI Corporation (Japan)
Bharat Heavy Electricals Limited (India)
Doosan Mecatec (South Korea)
Dongfang Turbine Co. Ltd (China)
Westinghouse Electric Company (US)
Market – Segmentation
By end-user:
Power
Oil & Gas
Chemicals & Petrochemicals
Fertilizers
Others (Others include mining, pulp & paper, shipping, and water & wastewater industries)
By Type
Boilers
Reactors
Separators
Others (Others include vessels include heat exchangers, drums, columns, and towers)
By material:
Steel alloys
Composites
Other alloys (Note: Other alloys include grey-cast iron, ductile iron, and nickel alloys)
Scope of the Report
The research study analyzes the Global High Pressure Vessel Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by High Pressure Vessel Market Report
1. What was the High Pressure Vessel Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the High Pressure Vessel Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the High Pressure Vessel Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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