Pressure Vessels Market | Discover Top Trends and Drivers
Recovery and Growth Insights for 2021-2025
The pressure vessels market and it is expected to grow by $ 44.60 bn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Pressure Vessels Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by End-user (Power generation, Chemicals, Oil and gas, and Others) and Geography (APAC, Europe, North America, MEA, and South America). 50% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Pressure Vessels Market: What are the Growth Drivers?
The Amplified demand for water and wastewater treatment is one of the primary factors that will drive the growth of the pressure vessels market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.
Vendor Analysis: IHI Corp., Kelvion Holding GmbH and KNM Group Berhad are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants.
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Pressure Vessels Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: